Pingmei Coal Aims to Secure 1.344 Billion Yuan Loan for Coal Mine Digitization and Intelligence Upgrade
2025-07-29 / Read about 0 minute
Author:小编   

Pingmei Coal intends to apply for a substantial loan of 1.344 billion yuan from a consortium headed by the Henan Branch of the China Development Bank. This funding will be allocated towards the ambitious coal mine digitization and intelligence upgrade project. The loan is structured over a period of 10 years, inclusive of a 2-year grace period.