FilingReader Intelligence
Hainan Development pays 18m yuan for struggling subsidiary
August 6, 2025 at 05:42 PM UTC•By FilingReader AI
Hainan Development paid 18.03 million yuan on behalf of subsidiary Avic Sanxin (Bengbu) New Energy Material after the unit failed to meet its loan repayment deadline.
The parent company holds 74.84% of the subsidiary, which provided counter-guarantees using its assets.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SZSE:002163•Shenzhen Stock Exchange
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