ST Xiwang: Supplementary disclosure of 4.17 billion yuan in free aid from controlling shareholder in 2025.

date
15/07/2026
ST Xiwang announced that in August 2025, the company's wholly-owned subsidiary Shandong Xiwang Food received free assistance from its controlling shareholder Xiwang Group due to capital needs. Xiwang Group provided a total of 417 million yuan on August 19th, 20th, and 21st respectively, totaling 417 million yuan. The above-mentioned funds have been repaid without interest and do not harm the interests of the listed company. The previous transactions of the funds were not disclosed, and they are now disclosed as supplementary information. This does not constitute a major asset reorganization and does not require approval from relevant authorities. The company will strengthen internal controls to prevent similar situations from happening again.