FilingReader Intelligence

Phoenix Media guarantees $20m and 48m yuan credit facilities

August 5, 2025 at 05:12 PM UTC•By FilingReader AI

Jiangsu Phoenix Publishing & Media is guaranteeing a $20 million credit facility for Phoenix Education with Bank of China and a 48 million yuan facility for Phoenix Xinyun with Phoenix Group Finance Company.

Both guarantees are effective for one year. The company's total external guarantees now amount to approximately 79.1 million yuan, representing 0.41% of its latest audited net assets.

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

Announcement by Phoenix Media on providing a guarantee for Bank of China's credit facility to Phoenix EducationAugust 5, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement by Phoenix publishing & media inc. regarding providing a guarantee for the credit extension by Phoenix group finance company to its controlled subsidiary Phoenix xinyun.August 5, 2025 at 08:00 AM UTC

Jiangsu Phoenix Publishing & Media Corp

SSE:601928•Shanghai Stock Exchange

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