According to China Construction's announcement, China Construction Group, the controlling shareholder of the company, previously disclosed that it plans to increase its A-share holdings by 500 million to 1 billion yuan within 12 months from July 21, 2026. Recently, China Construction Group and ICBC reached a cooperation agreement. The Beijing branch of ICBC issued a “Loan Commitment Letter”, which will provide loans not exceeding 900 million yuan and up to 90% of the actual capital used to increase the company's shares. The sources of this increase in holdings are own funds and loans from financial institutions. The company will continue to monitor and disclose progress.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.