JTL received court approval to allow the company to borrow during the pre-restructuring period
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, JTL announced that on June 10, 2025, the company received a "Approval" [(2025) Su 06 Po Shen 22] delivered by the Intermediate People's Court of Nantong City, Jiangsu Province ("Nantong Intermediate Court"), permitting the company to borrow a total of no more than 200 million yuan during the pre-restructuring period, with the borrowed funds specifically used to cover necessary expenses for maintaining production and operations
According to the Zhitong Finance APP, JTL (300091.SZ) announced that on June 10, 2025, it received a "Approval" [(2025) Su 06 Po Shen 22] delivered by the Intermediate People's Court of Nantong City, Jiangsu Province ("Nantong Intermediate Court"), permitting the company to borrow a total of no more than 200 million yuan during the pre-restructuring period, with the borrowed funds specifically used to cover necessary expenses for maintaining production and operation
