Shenzhen Jove Enterprise (SHE:300814) provided a total of 176.8 million yuan in non-operational loans, primarily to subsidiary Heshan Zhongfuxingye Circuit, in the first half, according to a Friday disclosure to the Shenzhen bourse.
Net of repayments of 674.5 million yuan as of the end of the first half, total outstanding receivables from its subsidiaries reached 859.4 million yuan.
Shares of the printed circuit board manufacturer surged 11% during afternoon trading on Friday.
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