Zhongfu Industry secures 3.5bn yuan credit lines for subsidiaries
Henan Zhongfu Industry Co., Ltd. secured RMB 3.5 billion in comprehensive credit lines for itself and its subsidiaries.
The company confirmed providing joint liability guarantees for RMB 250 million in credit lines for two wholly-owned subsidiaries: Henan Zhongfu High-Precision Aluminum secured RMB 150 million from Bohai Bank, while Henan Zhongfu Aluminum obtained RMB 100 million from China Minsheng Bank.
The credit lines aim to enhance the subsidiaries' capital and operational liquidity.
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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