Zhongxing Bio-Tech updates on guarantee for subsidiary
Tianshui Zhongxing Bio-Technology (SZSE:002772) announced that it is providing a guarantee for Anhui Zhongxing to obtain a loan of 50 million RMB from Anhui Dingyuan Rural Commercial Bank. This guarantee falls within the approved 2025 guarantee limit authorized by the company's shareholders. Following the guarantee, Anhui Zhongxing will have 180 million RMB available in guarantees. As of the announcement date, Zhongxing Bio-Tech's total guarantees for its subsidiaries is 1,151,523,900 RMB, representing 33.55% of the listed company's net assets. The company stated that all guarantees are for subsidiaries and that there are no overdue guarantees or litigation related to guarantees.
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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