Tianjin You Fa Steel Pipe Group Stock Co. Ltd.SSE: 601686

(601686)"Tianjin You Fa Steel Pipe Group Stock Co., Ltd."Announcement on Progress in Mortgage/Pledge of the Self-owned Assets as Security for Guarantees

· Issued by Tianjin You Fa Steel Pipe Group Stock Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 601686 · · 7 pages · Chinese

Summary by 6ix AI

Tianjin You Fa Steel Pipe Group Stock Co. Ltd. has announced progress regarding the mortgage and pledge of its self-owned assets as security for guarantees. The filing details the company's plans to provide guarantees using its assets, including the total value of assets pledged and the impact on the company's operations. The company assures that these actions will not adversely affect its production or business development, nor harm the interests of shareholders, particularly minority shareholders.

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

On 6ix: 6ix.com/news/601686tianjin-you-fa-steel-pipe-group-stock-co-ltdannouncement-on-progress-in-mortgagepledge-of-the-self-owned-assets-as-security-for-guarantees

Release

Announcement on Progress in Mortgage/Pledge of the Self-owned Assets as Security for Guarantees

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

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Tianjin You Fa Steel Pipe Group Stock Co. Ltd. on 6ix

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