FilingReader Intelligence
Shandong Gold parent secures 900m yuan loan for stake increase
July 18, 2025 at 10:00 AM UTC•By FilingReader AI
Shandong Gold Group secured a 900 million yuan loan commitment from Industrial and Commercial Bank of China to increase its stake in Shandong Gold Mining.
The three-year facility will help fund the parent company's plan to buy 500 million to 1 billion yuan worth of additional shares through open market purchases over 12 months starting April 2025.
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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