China Risun Group Ltd. (HK:1907) has released an update.
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China Risun Group Ltd. has announced a significant financial move by guaranteeing a loan of approximately RMB1,025.1 million for its associate, Pingxiang Risun Energy. This loan, totaling RMB2,010.0 million, is intended to support a coking project with an annual output of 1.8 million tonnes. Risun Group’s commitment underscores its strategic involvement in Pingxiang Risun Energy’s growth and development.
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