---
title: "Tianjin Development Secures HK$100 Million Revolving Loan Tied to State Majority Control"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284576057.md"
description: "Tianjin Development Holdings has secured a HK$100 million revolving loan from a bank, with no fixed term and subject to lender review. A key condition is that Tianjin SASAC must maintain over 50% ownership in the company, emphasizing the importance of state control. Breaching this condition could lead to loan suspension or repayment demands, impacting funding stability. Tianjin Development is listed on the Hong Kong Stock Exchange and is controlled by the Tianjin SASAC, which holds a majority stake through subsidiaries."
datetime: "2026-04-29T12:46:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284576057.md)
  - [en](https://longbridge.com/en/news/284576057.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284576057.md)
---

# Tianjin Development Secures HK$100 Million Revolving Loan Tied to State Majority Control

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Tianjin Development Holdings ( (HK:0882) ) has shared an update.

Tianjin Development Holdings has secured a revolving loan facility of HK$100 million from a bank, under a facility letter signed on 29 April 2026. The facility has no fixed term and may be reviewed by the lender at any time, underscoring the company’s ongoing reliance on bank financing to support its operations and liquidity.

A key condition of the loan requires Tianjin SASAC to maintain, directly or indirectly, more than 50% ownership in the company, formalizing the importance of continued state control. If this ownership condition or other undertakings are breached, the lender can suspend, withdraw, or demand repayment of the facility, a clause that could affect funding stability and is therefore subject to ongoing disclosure obligations under Hong Kong listing rules.

**More about Tianjin Development Holdings**

Tianjin Development Holdings Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong. It is ultimately controlled by the State-owned Assets Supervision and Administration Commission of the Tianjin Municipal People’s Government (Tianjin SASAC), which currently holds an indirect majority stake via its subsidiaries.

**Average Trading Volume:** 590,156

**Current Market Cap:** HK$2.55B

For an in-depth examination of 0882 stock, go to TipRanks’ Overview page.

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