CECEP Wind-Power CorpSSE: 601016

Announcement on Progress in Providing Guarantee for the Subsidiary

· Issued by CECEP Wind-Power Corp via Shanghai Stock Exchange

Filed with SSE · · 5 pages · Chinese

Summary by 6ix AI

CECEP Wind-Power Corp has announced progress regarding guarantees provided for its subsidiary, CECEP Qinzhu Wind Power Co., Ltd. The company has entered into agreements with financial institutions to provide supply chain financial services to its subsidiary, which includes a guarantee amount. The board believes this guarantee will enhance financing efficiency and is within the company's control, posing no significant risk to operations or shareholder interests. As of the announcement date, the total amount of external guarantees provided by the company and its subsidiaries is reported, with no overdue guarantees.

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

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Announcement on Progress in Providing Guarantee for the Subsidiary

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