Xinjiang Sayram provides RMB 350m loan guarantees for subsidiaries

Xinjiang Sayram Modern Agriculture has provided loan guarantees totaling RMB 350 million for eight wholly-owned subsidiaries in cotton and livestock operations.

The company's actual outstanding guarantee balance stands at RMB 105.11 million, representing 216.57% of its most recently audited net assets. The total approved guarantee amount exceeds 100% of net assets.

The guarantees support subsidiaries' working capital and operational requirements across cotton processing and agricultural development operations.