FilingReader Intelligence
RiseSun guarantees RMB 1.13bn subsidiary financing amid high leverage
August 20, 2025 at 05:18 AM UTC•By FilingReader AI
RiseSun Real Estate Development has provided a RMB 1.13 billion guarantee for wholly-owned subsidiary Chongqing Rongpin Real Estate Development to secure financing from China Bohai Bank Chongqing Branch.
The company's total guarantee amount now stands at RMB 43.88 billion, representing 295.40% of its latest audited net assets. Overdue guarantees total RMB 7.78 billion.
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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