BG BLUE SKY (06828.HK): Obtains RMB 400 Million Revolving Credit Facility Subject to Controlling Shareholder Undertakings

NewTimeSpace News: On 28 August 2026, Beijing Gas Blue Sky Holdings Limited (stock code: 06828) announced that the Company, as borrower, had accepted a facility letter issued by a bank in respect of a revolving credit facility of RMB 400,000,000 equivalent, under which each loan shall have a maximum term of no more than twelve months.

According to the announcement, the facility letter provides, among other things, that the Company shall procure that: (i) Beijing Gas Group, the controlling shareholder of the Company, holds, directly or indirectly, more than 50% of the issued shares of the Company; (ii) Beijing Enterprises Holdings maintains, directly or indirectly, control of not less than 75% of the ownership of Beijing Gas Group; and (iii) the State-owned Assets Supervision and Administration Commission of the Beijing Municipal Government remains, directly or indirectly, the single largest shareholder of Beijing Enterprises Holdings and Beijing Gas Group. If any of the undertakings is breached, the bank may terminate or cancel the facility and/or demand immediate repayment of all outstanding amounts from time to time.

So long as the circumstances giving rise to the obligations under Rule 13.18 of the Listing Rules continue to exist, the Company will make disclosures in its subsequent interim and annual reports in accordance with Rule 13.21 of the Listing Rules.

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