FilingReader Intelligence

Sanyuan Foods increases capital for subsidiary, addresses loan contingency

March 29, 2025 at 05:02 AM UTC•By FilingReader AI

Beijing Sanyuan Foods [SSE:600429] has announced plans to increase capital to its wholly-owned Hong Kong subsidiary, Sanyuan Shares, by up to €12 million. The funds are earmarked for covering loan interest and management fees related to Sanyuan's 2018 acquisition of St Hubert. As of now, the Hong Kong subsidiary faces a loan balance of €130 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Sanyuan Shares' announcement on the related-party transaction of Hong Kong Sanyuan's loan to Shounong InternationalMarch 28, 2025 at 08:00 AM UTC

Supplementary Source Documents

Sanyuan Shares' announcement on the related-party transaction of Hong Kong Sanyuan's loan to Shounong InternationalMarch 28, 2025 at 09:31 AM UTC

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SSE:600429•Shanghai Stock Exchange

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