ST Kong: Court approves company to introduce new social bonds.

date
30/07/2025
*ST King Kong Evening Announcement: The company received the approval of introducing common benefit bonds for Gansu Jingang Photovoltaic Co., Ltd. on July 28 from the Intermediate People's Court of Jiuquan City. The company is allowed to introduce an additional quota of 100 million yuan of common benefit bonds during the pre-restructuring period, with an annual interest rate not exceeding 8%, a loan term not exceeding 2 years, and for the purpose of daily operations of the company and its core subsidiaries.