"We made payments twice. The first was before the construction started, amounting to ten million. The second was upon the completion of the underground main body, totaling fifteen million. The next payment would be after the acceptance and qualification of the six-story main bodies of several buildings," reported Pu Chaodong.
The Comet Group is not short of funds at all now.
The construction financing comes from bank loans. Given the Group's credit, banks, especially ICBC with the highest credit limit for the Group, do not hesitate at all; they provide whatever is needed. If not lent to such a premium enterprise, then to whom?
This is because all overseas box office receipts are first deposited into ICBC's accounts.
Naturally, the Group did not transfer the funds to other banks.
