FilingReader Intelligence
Xuerong Bio-Tech guarantees subsidiary's 10m yuan bank loan
July 29, 2025 at 05:12 AM UTC•By FilingReader AI
Xuerong Bio-Tech announced it provided a joint and several liability guarantee for its controlling subsidiary Lintao Xuerong Bio-Technology's 10 million yuan working capital loan from Gansu Bank.
The company's actual guarantee balance now stands at 1.12 billion yuan, representing 136.39% of its net assets. Lintao Xuerong had a debt-to-asset ratio of 80.59% prior to this guarantee.
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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