YuanShengTai Dairy Farm Subsidiary Guarantees RMB94 Million Loan for Xinneng Bio
YuanShengTai Dairy Farm Limited has announced that its indirect wholly-owned subsidiary, Heilongjiang Kedong Heping YuanShengTai Dairy Farming Co., Ltd. (Kedong Heping YST), has entered into a guarantee agreement with the Agricultural Development Bank of China Yi'an County Branch. Under this agreement, Kedong Heping YST will provide a guarantee for the repayment obligations of Xinneng Bio under a fixed asset loan agreement. The loan, with a maximum principal amount of RMB94 million and a term from 26 November 2025 to 25 November 2030, is designated for projects involving the recycling and utilization of bio-organic fertilizer and biogas as bioenergy. The company stated that the guarantee is provided on normal commercial terms and is in the interests of the company and its shareholders.
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