According to Zhitong Finance App, Meibang Apparel (002269.SZ) issued an announcement. Shanghai Miansidi Clothing Co., Ltd. (“Miansdi”), a wholly-owned subsidiary of the company, recently received a “Debt Forgiveness Letter” from Shanghai Kangqiao Industrial Development (Group) Co., Ltd. (“Kangqiao Industrial”). Kangqiao Industrial agreed to exempt the total rent owed by Miansdi of RMB 50 million.

Zhitongcaijing · 10/16 11:17
According to Zhitong Finance App, Meibang Apparel (002269.SZ) issued an announcement. Shanghai Miansidi Clothing Co., Ltd. (“Miansdi”), a wholly-owned subsidiary of the company, recently received a “Debt Forgiveness Letter” from Shanghai Kangqiao Industrial Development (Group) Co., Ltd. (“Kangqiao Industrial”). Kangqiao Industrial agreed to exempt the total rent owed by Miansdi of RMB 50 million.