China Resources Land secures CNH 5.85bn term loan

China Resources Land Limited has entered into a CNH 5,850,000,000 term loan facility, as announced today. The agreement, effective June 18, 2025, involves the company as the borrower, alongside various banks and financial institutions as lenders and arrangers. The loan facility has a term of three years, commencing from the initial drawdown date. Under the facility agreement, China Resources (Holdings) Company Limited (CRH) must maintain its position as the single largest shareholder with at least 35% beneficial ownership and control of the company. Additionally, CRH must retain the ability to influence director appointments. Failure to meet these obligations could trigger a default, potentially leading to the cancellation of commitments and the acceleration of debt repayment. CRH currently holds approximately 59.55% of the company's issued share capital. The disclosure is made pursuant to Rule 13.18 of the Listing Rules of the Stock Exchange of Hong Kong Limited.