FilingReader Intelligence

Shenghong secures 1.5bn yuan loan from controlling shareholder

August 8, 2025 at 05:16 PM UTCBy FilingReader AI

Jiangsu Eastern Shenghong will receive up to 1.5 billion yuan in unsecured loans from controlling shareholder Shenghong Technology and related party Shenghong (Suzhou).

The three-year facility carries market-based interest rates and aims to support the company's development needs and improve capital management efficiency.

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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