Zhejiang Sanmei Chemical Industry Co. Ltd.SSE: 603379

(603379)"Zhejiang SANMEI Chemical Industry Co., Ltd."Announcement on Progress in Providing Guarantee for Investee Company and Related Party Transactions

· Issued by Zhejiang Sanmei Chemical Industry Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603379 · · 5 pages · Chinese

Summary by 6ix AI

Zhejiang Sanmei Chemical Industry Co. Ltd. has announced progress regarding guarantees provided for its investee company and related party transactions. The filing details the company's guarantee for Chongqing Xinmei Technology Co., Ltd. related to a loan agreement with a bank. It outlines the internal decision-making process and the necessity of the guarantee for the investee's operational needs. The board and independent directors have approved the guarantee, affirming it aligns with the company's strategic goals and risk management.

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

On 6ix: 6ix.com/news/603379zhejiang-sanmei-chemical-industry-co-ltdannouncement-on-progress-in-providing-guarantee-for-investee-company-and-related-party-transactions

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Announcement on Progress in Providing Guarantee for Investee Company and Related Party Transactions

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Zhejiang Sanmei Chemical Industry Co. Ltd. on 6ix

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