Suzhou Veichi Electric Co. Ltd.SSE: 688698

Announcement on Progress in Providing Guarantee for Controlled Subsidiary

· Issued by Suzhou Veichi Electric Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · · 5 pages · Chinese

Summary by 6ix AI

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

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Announcement on Progress in Providing Guarantee for Controlled Subsidiary

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