FilingReader Intelligence

Baotou Huazi seeks CNY 40m loan to boost operations

April 1, 2025 at 05:01 AM UTCBy FilingReader AI

Baotou Huazi Industry (SSE:600191) plans to secure a CNY 40 million loan from the Baotou Donghe branch of the Industrial and Commercial Bank of China to supplement its working capital needs. The loan, approved by the board and not requiring shareholder approval, will be collateralized by a pledge of at least 30 million shares of Hengtai Securities and a guarantee from subsidiary Shandong Yuwei Biotechnology.

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

SSE:600191Shanghai Stock Exchange
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