The fund is mainly used for the development and construction of the new energy automobile industrial park under the name of Guangzhou Baoneng Automobile Co., Ltd., a wholly-owned subsidiary of the borrower Baoneng Automobile Co., Ltd.
Highlights of the project:
1. Baoneng Investment Group has strong comprehensive strength, with high-quality assets such as Qianhai Life Insurance and Shenye Logistics, and a number of listed companies with total assets exceeding 450 billion, with a wide range of business and strong corporate guarantee ability.
2. The field of new energy vehicles is a national strategic emerging industry, which has broad development prospects by supporting industries in various aspects such as finance and taxation, research and development, and access.
3. The project needs mortgage guarantee, and the mortgage rate shall not exceed 50% of the land evaluation value. And the collateral has strong liquidity, and the three entities and actual controllers