Asia
Yuan Long Ping High-Tech Agriculture Subsidiaries Guarantee Hong Kong Unit's 500-Million-Yuan Loan
Yuan Long Ping High-Tech Agriculture Co (SHE:000998) said controlled subsidiaries Longping Development and Longping Brazil provided guarantees for a 500-million-yuan bank credit line obtained by Hong Kong unit Amazon Agri Biotech HK.The guarantee falls within an existing 11.5-billion-yuan limit approved by shareholders, according to a Friday filing with the Shenzhen bourse.
SHE:000998