MINMETALS LAND (00230) Subsidiary Chengdu Xiangkuang Enters into Separate Fund Pooling Agreements with Shengshi Guangye and Xiangcheng Yingchuang
Stock News
Jan 30
On January 30, 2026, Chengdu Xiangkuang (an indirect non-wholly-owned subsidiary of the Company) entered into separate fund pooling agreements with Shengshi Guangye (an indirect wholly-owned subsidiary of the Company, holding a 51% equity interest in Chengdu Xiangkuang) and Xiangcheng Yingchuang (the holder of the remaining 49% equity interest in Chengdu Xiangkuang). Under these agreements, Chengdu Xiangkuang has consented to pool unsecured, interest-free funds to Shengshi Guangye and Xiangcheng Yingchuang based on their respective shareholding percentages in Chengdu Xiangkuang. The amounts pooled are RMB 76.5 million and RMB 73.5 million, respectively, under identical terms and conditions.
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