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Xinjiang Western Animal Husbandry guarantees subsidiary's loan

March 31, 2025 at 12:03 PM UTCBy FilingReader AI

Xinjiang Western Animal Husbandry (SZSE:300106) announced it will guarantee a loan for its wholly-owned subsidiary, Xinjiang Quansheng Animal Husbandry, with a value of CNY 9.69 million. The guarantee is for a working capital loan obtained by the subsidiary from Hua Xia Bank Urumqi Branch, with a term of six months. The guarantee was approved at the company's 4th Board Meeting and the 2025 First Extraordinary General Meeting. Following this transaction, the total guarantee amount provided to subsidiaries stands at CNY 12.69 million, representing 2.34% of the company's latest audited net assets. The company states that there are no guarantees provided to entities outside the consolidated financial statements, nor any overdue or litigation-related 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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