Long Yuan Construction Group Co., Ltd.SSE: 600491

(600491)"LONG YUAN CONSTRUCTION GROUP CO., LTD."Announcement on Reallocation of Guarantee Limits among Controlled Subsidiaries

· Issued by Long Yuan Construction Group Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600491 · · 3 pages · Chinese

Summary by 6ix AI

Long Yuan Construction Group Co., Ltd. announced a reallocation of guarantee limits among its controlled subsidiaries, detailing the adjustments made to support business needs. The company has approved a total guarantee amount for its subsidiaries, with specific allocations based on their asset-liability ratios. The announcement includes information about the financial status of the subsidiary receiving the guarantee and the terms of the guarantee agreement. As of the reporting date, the company has a significant amount of external guarantees, including those for its subsidiaries.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/600491long-yuan-construction-group-co-ltdannouncement-on-reallocation-of-guarantee-limits-among-controlled-subsidiaries

Release

Announcement on Reallocation of Guarantee Limits among Controlled Subsidiaries

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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Long Yuan Construction Group Co., Ltd. on 6ix

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