FilingReader Intelligence

Xinjiang Sayram repays working capital loan early

December 17, 2025 at 05:08 AM UTCBy FilingReader AI

Xinjiang Sayram Modern Agriculture Co. announced the early repayment of 320 million yuan in idle raised funds previously used to temporarily supplement working capital. The full amount was returned to the dedicated fundraising account on December 15, 2025, ahead of the original deadline of December 20, 2025.

The decision to use idle raised funds, approved by the company's eighth board of directors, eighth board of supervisors, and the 2025 first interim shareholders' meeting, aimed to enhance liquidity without impacting investment projects. The usage period was set from January 7, 2025, to December 20, 2025, with a maximum amount of 320 million yuan.

The company ensured that the use of these funds did not exceed the 12-month limit and promptly informed its sponsor institution and representatives of the early repayment. This move highlights the company's commitment to financial discipline and efficient use of capital.

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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