Jiyuan-KY Announces Board Approval for Fund Lending to Subsidiaries in Accordance with Regulations
Jiyuan-KY announced loans to its subsidiary, Guangdong Jiduo Bao Cans Manufacturing Co., Ltd., totaling 94,980仟元 and 92,257仟元 for operational expansion and debt repayment. The total outstanding loans to subsidiaries reached 1,541,304仟元, representing 63.89% of the company's net worth.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 23:02 (15h 2m after Collected)
The company is providing loans to Guangdong Jiduo Bao Cans Manufacturing Co., Ltd., a wholly-owned subsidiary. The loan limit is 964,962仟元, with a new loan amount of 94,980仟元 for operating capital expansion and debt repayment. Separately, another loan of 92,257仟元 was provided for similar reasons. The total outstanding loan balance to subsidiaries is 1,541,304仟元, which is 63.89% of the company's net worth. Jiyuan Holdings also loaned USD 3 million, and Hubei Jiyuan loaned RMB 20 million.