FilingReader Intelligence
Jingxing Paper guarantees 25m yuan loan for Malaysian subsidiary
August 21, 2025 at 05:18 AM UTC•By FilingReader AI
Zhejiang Jingxing Paper Joint Stock has guaranteed a 25 million yuan loan for its wholly-owned Malaysian subsidiary, JINGXING HOLDINGS (M) SDN.BHD. The loan runs from August 2025 to July 2026 through Zheshang Bank's Jiaxing branch.
The full loan amount has been drawn. Following this transaction, the company's total outstanding external guarantees reach 1.19 billion yuan, representing 20.32% of net assets as of December 2024.
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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