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Provider: Thomson Reuters Stock Report

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Wintime Energy Co Ltd and Subsidiary to Provide Loan Guarantee

Monday, 4 Feb 2013 07:00pm EST 

Wintime Energy Co Ltd announced that it will guarantee a comprehensive credit line of RMB 500 million for its wholly owned subsidiary, an energy transport and distribution group, and comprehensive credit lines and trust loans of RMB 1.6 billion for another wholly owned subsidiary, a Shanxi-based energy investment company. The Company's subsidiary, a Shanxi-based group, will also guarantee loans of RMB 58 million and a comprehensive credit line of RMB 8 million respectively for its two wholly owned subsidiaries, a Mengziyu-based coal company and a Shanxi-based coal company. 

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0.27 +9.85%
2:59am EDT