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English > Industry&Companies > Industry-Breaking News>Huayi Brothers Obtained 120M ICBC Loan

Huayi Brothers Obtained 120M ICBC Loan

04-03 13:54 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-04-02/110132593.html

» Beijing-based movie production company Huayi Brothers received a 120 million yuan loan from the Industrial and Commercial Bank of China.

» The loan will be used to invest in four movies, including Tang Shan Earthquake, directed by Feng Xiaogang.

» The loan will account for 40 percent of the movies’ total investment.

 

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