FilingReader Intelligence
Sichuan Hongda cuts 2025 related party transaction forecast
July 23, 2025 at 10:21 AM UTC•By FilingReader AI
Sichuan Hongda has cut its 2025 related party transaction forecast to 142.7m yuan from 164.1m yuan, a 13% reduction involving transactions with affiliates of controlling shareholder Shu Dao Investment Group.
The company also announced plans to manage up to 1bn yuan in idle funds through bank deposits to improve capital efficiency, subject to shareholder approval.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Announcement on the adjustment of the estimated amount of routine related-party transactions for the year 2025July 23, 2025 at 08:00 AM UTC
Announcement of resolutions from the 19th meeting of the tenth board of directorsJuly 23, 2025 at 08:00 AM UTC
Announcement on using a portion of idle self-owned funds for cash managementJuly 23, 2025 at 08:00 AM UTC
SSE:600331•Shanghai Stock Exchange
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