Zhejiang Great Shengda Packing Co., Ltd.SSE: 603687

(603687)"ZHEJIANG GREAT SHENGDA PACKAGING CO., LTD."Announcement on Reallocation of Guarantee Limits among Subsidiaries and Progress in Providing Guarantee for Subsidiary

· Issued by Zhejiang Great Shengda Packing Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603687 · · 5 pages · Chinese

Summary by 6ix AI

Zhejiang Great Shengda Packing Co., Ltd. announced the reallocation of guarantee limits among its subsidiaries and progress in providing guarantees for a subsidiary, specifically for Hangzhou Shengming Paper Co., Ltd. The company has signed a guarantee contract with Hangzhou Bank for a specified amount to support the subsidiary's financing needs. The board of directors approved this guarantee as part of the company's strategy to support its subsidiaries' business development.

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

On 6ix: 6ix.com/news/603687zhejiang-great-shengda-packaging-co-ltdannouncement-on-reallocation-of-guarantee-limits-among-subsidiaries-and-progress-in-providing-guarantee-for-subsidiary

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Announcement on Reallocation of Guarantee Limits among Subsidiaries and Progress in Providing Guarantee for Subsidiary

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