Airport Shares subsidiary secures 300m yuan loan

Beijing Airport High-Tech Park Development Co announced its subsidiary Tianyuan Construction will borrow up to 300 million yuan from Airport Development, the parent company's controlling shareholder.

The unsecured loan carries a maximum 4.50% interest rate with a term not exceeding one year, aimed at supporting operational liquidity.

This will bring Tianyuan Construction's total borrowings from Airport Development to 750 million yuan, including 450 million yuan in prior loans. Airport Development reported a net loss of 38.2 million yuan in Q1 2025 despite generating 2.5 billion yuan in revenue.