FilingReader Intelligence
Hongtu subsidiary secures 10m yuan factoring financing
August 14, 2025 at 03:59 AM UTC•By FilingReader AI
Guangdong Hongtu Technology Holdings announced its subsidiary Liuzhou Aoxing Automobile Parts Manufacturing will engage in factoring financing with related party Guangdong Yuke Commercial Factoring, with total financing not exceeding 10 million yuan.
The company will also deploy up to 1.1 billion yuan of temporarily idle raised funds for cash management including time deposits and certificates of deposit for up to 12 months.
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:002101•Shenzhen Stock Exchange
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