FilingReader Intelligence
Nanshan Aluminium approves 1bn yuan investment fund, extends guarantees
July 23, 2025 at 07:50 AM UTC•By FilingReader AI
Shandong Nanshan Aluminium approved using up to 1 billion yuan of idle funds for entrusted wealth management over one year to enhance capital efficiency.
The board also extended a $50 million guarantee for wholly-owned subsidiary Nanshan Aluminium Singapore until August 2027. The company's total external guarantees for subsidiaries now stand at 200 million yuan, $63.1 million and 3 million euros.
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
Supplementary Source Documents
Announcement by Shandong Nanshan Aluminum Company Limited regarding the use of idle self-owned funds for entrusted wealth managementJuly 23, 2025 at 08:00 AM UTC
Announcement on Shandong Nanshan aluminum industry company limited providing guarantee extension for its wholly-owned subsidiary Nanshan aluminum industry Singapore Pte. Ltd.July 23, 2025 at 08:00 AM UTC
SSE:600219•Shanghai Stock Exchange
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