Red Avenue New Materials Group Co., Ltd.SSE: 603650

(603650)"Red Avenue New Materials Group Co., Ltd."Announcement on Progress in Annual Estimated Financing Guarantee

· Issued by Red Avenue New Materials Group Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603650 · · 6 pages · Chinese

Summary by 6ix AI

The filing outlines the total amount of guarantees and the financial status of the subsidiaries involved, confirming that all guarantees are within previously approved limits. The board of directors has stated that these guarantees are necessary for the subsidiaries' operations and do not pose significant risks to the company.

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

On 6ix: 6ix.com/news/603650red-avenue-new-materials-group-co-ltdannouncement-on-progress-in-annual-estimated-financing-guarantee

Release

Announcement on Progress in Annual Estimated Financing Guarantee

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

Link of Full Text for Reference:

Red Avenue New Materials Group Co., Ltd. on 6ix

Story so far

Earlier from Red Avenue New Materials

All Red Avenue New Materials news releases