China Resources Land secures 3.3bn yuan loans with ownership conditions

China Resources Land Limited secured two term loan facilities totaling 3.3 billion yuan with unusual ownership-related conditions.

The first facility provides up to 1.5 billion yuan over 24 months, while the second offers up to 1.8 billion yuan over 36 months, both agreed on August 15, 2025.

Both loans include default triggers if parent company China Resources (Holdings) Company Limited falls below 35% beneficial ownership or loses practical control over director appointments. The loans also default if the parent ceases to be majority-owned by China's central government or state assets regulator.

China Resources (Holdings) currently holds approximately 59.55% of the company's issued share capital.