FilingReader Intelligence

Taiji Group sells property, secures loan for buyback

August 14, 2025 at 05:10 PM UTCBy FilingReader AI

Chongqing Taiji Industry Group sold an idle Chongqing property for 25.8 million yuan, generating an estimated 18 million yuan gain.

The company also secured a loan commitment from China Merchants Bank for up to 108 million yuan to finance its share buyback program, which targets repurchasing 80-120 million yuan worth of shares for cancellation.

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

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