(600405)"Beijing Dynamic Power Co., Ltd."Announcement on Providing Guarantee for Supply Chain Trade of Wholly-owned Subsidiary
Filed with SSE · Stock code 600405 · · 4 pages · Chinese
Summary by 6ix AI
Beijing Dynamic Power Co., Ltd. has announced a guarantee for the supply chain trade of its wholly-owned subsidiary, Anhui Dynamic Power Technology Co., Ltd. The guarantee amount is set at a maximum limit, with a one-year term to cover all payables and liabilities to a specific industrial development company. The board believes this guarantee is necessary for the subsidiary's business development and will not adversely affect the company or its shareholders. As of the announcement date, the company has no overdue guarantees and the total amount of guarantees provided is disclosed.
Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries
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