Pioneering Environment (03989): Pioneer Investment provided a loan of 61.74 million yuan to Xiong'an Pioneer

Zhitong Finance App News, Pioneer Environment (03989) announced that on December 26, 2025, the company's wholly-owned subsidiary, Pioneer Investment signed a loan agreement with Xiong'an Capital. Based on this, Pioneer Investment agreed to provide Xiong'an Capital with a loan of RMB 61.74 million. On the same day, Pioneer Environmental Group and Xiong'an Chuang signed an independent loan agreement. Based on this, Pioneer Environmental Group agreed to provide a loan of RMB 64.26 million to Xiong'an Pioneer. The loan principal amount provided by Pioneer Investment and Pioneer Environmental Protection Group to Xiongan Pioneer is based on their respective share shares in Xiongan Pioneer.

The loan provided under the loan agreement is aimed at strengthening Xiong'an Pioneer's financial position and financing capacity, and meeting its anticipated working capital requirements for the continued development of sewage treatment and recycling business.