FilingReader Intelligence
Shengda Resources guarantees subsidiary's 60m yuan lease
July 24, 2025 at 08:01 AM UTC•By FilingReader AI
Shengda Resources announced it provided a joint liability guarantee for subsidiary Hunan Jinyue Environmental Protection Technology for a 60 million yuan financing lease with Zhejiang Zheyin Financial Leasing.
The 24-month lease involves production equipment via a sale-and-leaseback arrangement to boost the subsidiary's working capital.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:000603•Shenzhen Stock Exchange
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