FilingReader Intelligence
Grandjoy guarantees subsidiary's RMB144m CITIC Bank loan
July 18, 2025 at 10:01 AM UTC•By FilingReader AI
Grandjoy Holdings Group is providing a RMB144 million joint and several liability guarantee for its wholly-owned subsidiary, COFCO Property Group Shenzhen Real Estate Development.
The guarantee supports the subsidiary's RMB144 million loan from China CITIC Bank Shenzhen Branch, intended to replace funds used for an equity acquisition.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:000031•Shenzhen Stock Exchange
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