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Zhonghua Geotechnical secures 2bn yuan guarantees, appoints CFO

August 13, 2025 at 12:10 PM UTCBy FilingReader AI

China Zhonghua Geotechnical Engineering Group's controlling shareholder will provide 2 billion yuan in guarantees, with the company paying a 1% annual fee.

The company also plans to issue up to 300 million yuan in private placement bonds and secure up to 1.05 billion yuan in bank credit lines. Feng Jie has been appointed deputy general manager and chief financial officer.

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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