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Shaoneng Group injects 60m yuan, secures 500m credit line

August 21, 2025 at 05:18 AM UTC•By FilingReader AI

Guangdong Shaoneng Group injected 60 million yuan into controlled subsidiary Shaoguan Hongda Gear, raising its registered capital to 117.8 million yuan.

The company simultaneously secured a 500 million yuan credit facility from China Development Bank's Guangdong branch to support expansion and optimize its debt structure.

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

Announcement on an external investment regarding the capital increase of Shaoguan Hongda Gear Co., Ltd., a controlled subsidiary of Shaoneng GroupAugust 20, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement of resolutions of the twenty-fifth extraordinary meeting of the eleventh board of directorsAugust 20, 2025 at 08:00 AM UTC

Guangdong Shaoneng Group

SZSE:000601•Shenzhen Stock Exchange

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