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Anyang Iron & Steel approves 180m yuan subsidiary financing

August 16, 2025 at 05:07 AM UTCBy FilingReader AI

Anyang Iron & Steel Group approved a 100 million yuan guarantee for subsidiary Henan Anyang Iron & Steel Zhoukou Iron & Steel for a one-year credit line with China Minsheng Bank.

The board also approved an 80 million yuan financing lease with Hubei Financial Leasing for subsidiary Henan Anyang Iron & Steel South Electromagnetic New Materials Technology, covering equipment purchases over two years. Anyang Iron & Steel will provide a joint liability guarantee for the lease.

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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