Wuzhou Special Paper Group Co. Ltd.SSE: 605007

(605007)"WUZHOU SPECIAL PAPER GROUP CO., LTD."Announcement on Providing Guarantees for Controlled Subsidiaries

· Issued by Wuzhou Special Paper Group Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 605007 · · 5 pages · Chinese

Summary by 6ix AI

Wuzhou Special Paper Group Co. Ltd. announced its provision of guarantees for its controlled subsidiaries, Zhejiang Wuxing Paper Co., Ltd. and Wuzhou Special Paper (Jiangxi) Co., Ltd. The company has signed guarantee contracts with banks to support the subsidiaries' credit facilities, with specified maximum amounts for each guarantee. The filing outlines the necessity and rationale for these guarantees, emphasizing their alignment with the company's overall interests and risk management.

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

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