ST Palm: Related party Yuzi Group continues to repay some of the company's debts on its behalf
2026-11-13 18:10:39
According to CoinMeta, ST Palm announced that its indirect controlling shareholder, Yu Zi Group, continued to repay some of the company's debts on its behalf. On November 13, 2026, Yu Zi Group repaid a matured loan of 34.7709 million yuan to Shanghai Pudong Development Bank Zhengzhou Branch and a portion of the principal and interest of a loan totaling 100 million yuan to China CITIC Bank Zhengzhou Branch on behalf of the company. Currently, Yu Zi Group provides a guarantee limit of no more than 3.4 billion yuan for the company, with a validity period of 3 years. The company provides corresponding counter-guarantees and pays for the guarantee fees.
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Source：Jin10 Data
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