Binhai Investment Subsidiary (02886.HK) Signs Strategic Cooperation Agreement with Agricultural Bank of China Tianjin Xiqing Branch

Recently, Binhai Investment (02886.HK)$BINHAI INV(02886.HK) and Agricultural Bank of China held a grand signing ceremony for their strategic cooperation at the Agricultural Bank of China Tianjin Training Center. Witnessed by leaders from Binhai Investment's controlling shareholder, TEDA Holdings Group, and the Tianjin Branch of Agricultural Bank of China, Binhai Investment's wholly-owned subsidiary, Binhai Investment (Tianjin) Co., Ltd., signed a "Strategic Cooperation Agreement" with the Agricultural Bank of China Tianjin Xiqing Sub-branch to establish a comprehensive strategic partnership and jointly promote industrial development and urban optimization in Tianjin.

According to the strategic cooperation agreement, the Agricultural Bank of China Tianjin Xiqing Sub-branch has agreed to provide Binhai Investment with an intended credit line equivalent to RMB 1 billion over the next five years. Under compliance conditions, preferential deposit and loan interest rates and fee standards will support Binhai Investment's production, operation, and investment credit needs. The cooperation also covers areas such as cash management, payroll services, payment scenario services, personal financial services, and downstream customer cluster services. Through the Agricultural Bank of China Tianjin Xiqing Sub-branch's innovative service models and comprehensive financial products and services, the agreement aims to provide effective financial pathways for Binhai Investment's rapid development. With the steady implementation of Binhai Investment's financing optimization plan, cost reductions in financial expenses have already achieved significant results in the first half of 2025. The company believes that the signing of the strategic cooperation agreement will further deepen Binhai Investment's strong partnership with financial institutions, helping to optimize financing structures, reduce financing costs, and improve capital efficiency, thereby consolidating Binhai Investment's market position in regional economic development and enhancing its overall competitiveness.