Seazen Holdings Co.Ltd(601155) 3 announced on March 7, which was deliberated and approved by the sixth meeting of the third board of directors of the company. In order to meet the needs of the company's operation and development, The company may apply to Xincheng Development Holding Co., Ltd. and its related parties for a loan limit with a total amount of no more than 15 billion yuan (including 9.26 billion yuan of unexpired loan balance used up to now), and the annual interest rate of the loan is no more than 8% (excluding tax) Seazen Holdings Co.Ltd(601155) said that given that the real estate development industry is a capital intensive industry, under the current pressure environment of the industry as a whole, sufficient funds are conducive to the long-term sustainable development of the company.
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