Bangjie Corp: Subsidiary in the photovoltaic sector has accumulated overdue loans of 967 million yuan.

date
03/07/2025
Bangjie Group announced that its subsidiary in the photovoltaic sector is facing pressure from the external operating environment and tightening credit policies from financial institutions, resulting in some credit facilities being unable to be renewed or being required to be repaid in advance by financial institutions, leading to significant short-term debt pressure. As of July 2, 2025, the total amount of overdue or early maturity loans from financial institutions of the subsidiary in the photovoltaic sector amounts to approximately 967 million yuan, accounting for 322.51% of the audited net assets of the listed company in 2024.