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Wangfujing Group to guarantee 35m yuan joint venture loan

July 23, 2025 at 12:09 PM UTCBy FilingReader AI

Wangfujing Group will guarantee up to 35 million yuan for a 70 million yuan bank loan to its 50%-owned joint venture, Foshan Wangfujing Ziweihong Commercial Management.

The company also plans to cancel its supervisory board, transferring functions to the audit committee.

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

SSE:600859Shanghai Stock Exchange

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