China's Jinmao (00817) financing advantage continues to be consolidated: the average cost of additional financing is 2.87%, and there is sufficient credit in hand

The Zhitong Finance App learned that on August 25, China's Jinmao (00817) announced the 2026 interim results. Data show that in the first half of the year, the company stepped up its debt reduction efforts, and interest-bearing debt decreased by 6.2 billion yuan compared to the end of 2025; the share of debt maturing within one year was 20.8%, the share of foreign currency debt fell from 20% to 18%, the share of low-cost development loans and operating loans increased to 56.2%, and the debt structure was further optimized.

During the reporting period, the average interest rate of China's Jinmao domestic and foreign interest-bearing debt fell to 2.89%, down 29 basis points from the end of 2025. The average cost of new domestic and foreign financing in the first half of the year was only 2.87%.

Management said that the company did not use bank credit of about 70 billion yuan, and overseas club loans granted more than 6 billion yuan of credit. The reduction in debt scale, reduction in financing costs, and smooth financing channels have provided sufficient financial support for China's Jinmao to maintain stable operations and continue to obtain high-quality projects in core cities.