Recently, Jingdian (2448) successfully signed contracts with eight banks and financial institutions, and jointly loaned NT$1.2 billion with a credit period of five years.
In the first half of 2010, Jingdian’s revenue was 250 million yuan, and the pre-tax surplus was 16.51 million yuan. It has turned into a profit, so the five banks of Zhaofeng Yin, Zhangyin, Tuyin, Yinyin and Antai Yin (2849) are co-hosting. Each sponsoring bank must subscribe for more than 200 million yuan and eventually sign a contract with 1.2 billion yuan. In addition, there are three banks including Taichung Bank, Heku and Banxin Commercial Bank.
Jinglian's joint loan funds will be used to purchase machinery and equipment, repay existing borrowings and enrich the final operation.
Related stock price 2010/09/28 - 12:30 Jingdian TWD 98.60 (+2.28%)
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