FilingReader Intelligence
SEG subsidiary pays RMB 2.5m for overdue loan
July 24, 2025 at 10:30 AM UTC•By FilingReader AI
Shenzhen SEG announced its subsidiary SEG Property paid RMB 2.5 million to Beijing Bank on July 22 after Huizhou Qunxing Real Estate failed to repay the loan due July 21.
SEG Property's total bailout payments for guaranteed funds have now reached RMB 7.2 million, comprising RMB 5 million in principal and RMB 2.2 million in interest. Huizhou Qunxing is 88% owned by SEG Property and faces financial strain.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:000058•Shenzhen Stock Exchange
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