FilingReader Intelligence

Bright Dairy provides RMB 54m guarantee for affiliate

July 29, 2025 at 05:02 AM UTCBy FilingReader AI

Bright Dairy & Food will provide a guarantee of RMB 53.90 million for Jiangsu Yinbao Bright Dairy's fixed asset loan from Shanghai Rural Commercial Bank, bringing total guarantees to RMB 77.281 million, representing 8.16% of Bright Dairy's net assets.

Additionally, Bright Dairy's wholly-owned subsidiary will provide a shareholder loan of RMB 49.00 million to the joint venture for one month, interest-free.

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

SSE:600597Shanghai Stock Exchange
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