Financing ·
Nam Tai Property closes RMB700M refinancing at 3.5% fixed rate
NTPIFNam Tai Property Inc.
Nam Tai Property Inc. subsidiary Zastron Electronic closed and fully drew down a previously announced RMB 700 million, 15-year fixed asset loan facility with Ping An Bank on October 16, 2026. The new financing carries a fixed annual interest rate of 3.5%, an 80-basis-point reduction from the previous 4.3% rate held with China CITIC Bank. The company used the proceeds to repay the existing loan and complete collateral release procedures. Nam Tai Property Inc. owns and operates commercial real estate projects in China.