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What is the mortgage of some pavement bank loans of Tianshui Jingyuan Real Estate Company?
Due to the financial pressure of the company.

Sometimes it is not enough to rely solely on the developer's own funds in housing development. Many development enterprises have to mortgage land certificates to banks for loans.

Jingyuan Group, established in July 2002, is a large-scale comprehensive group company with real estate development as the leading factor, integrating health and wellness, mining development, financial investment, construction, decoration, commercial operation, hotel management and property services. The registered capital is 62 million yuan (RMB) and the total assets are 36 billion yuan. Headquartered at No.5 Taishan East Road, Qinzhou District, Tianshui City, Gansu Province.