FilingReader Intelligence
Milkground subsidiary secures guarantees; cash management yields returns
June 2, 2025 at 12:00 PM UTC•By FilingReader AI
Shanghai Milkground Food Tech (SSE:600882) announced that it would provide guarantees to its wholly-owned subsidiary, Hainan Xinzhishi Food Technology Co., Ltd., for a maximum principal debt amount of CNY 100 million. This guarantee falls within the approved range authorized by shareholders and directors in December 2024. As of the disclosure date, the actual outstanding guarantee provided to Hainan Xinzhishi totals CNY 475 million, excluding this new guarantee.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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