Announcement on Progress in Providing Guarantee for Controlled Subsidiary
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Filed with SSE · · 5 pages · Chinese
Suzhou Veichi Electric Co. Ltd. has announced progress in providing a guarantee for its controlled subsidiary, Shenzhen Lingzhi Smart Energy Co., Ltd. The company will provide a joint liability guarantee for a loan application by the subsidiary, with a maximum amount specified. This guarantee is part of a previously approved limit for guarantees to subsidiaries, ensuring compliance with internal decision-making procedures.
Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries
Announcement on Progress in Providing Guarantee for Controlled Subsidiary
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:
Suzhou Veichi Electric Co. Ltd. on 6ix
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