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Wintime Energy Co Ltd to Provide Loan Guarantee for Subsidiaries


Thursday, 10 Oct 2013 08:00pm EDT 

Wintime Energy Co Ltd announced that it has resolved to provide loan guarantee worth RMB 2,450 million for a Shanxi-based energy investment subsidiary, a loan guarantee worth RMB 500 million for a Shanxi-based group company subsidiary, a loan guarantee of RMB 100 million for a Shanxi-based coal business subsidiary, a loan guarantee of RMB 280 million for another Shanxi-based coal business subsidiary and a loan guarantee of RMB 220 million for another Shanxi-based coal business subsidiary. The Company and a subsidiary will also provide a loan guarantee of RMB 160 million for a Shanxi-based energy transportation and sales subsidiary. 

Company Quote

3.64
0.33 +9.97%
2:59am EDT