Hangzhou Cable Co LtdSSE: 603618

(603618)"Hangzhou Cable Co., Ltd."Announcement on Progress in Providing Guarantees for Wholly-owned Subsidiary

· Issued by Hangzhou Cable Co Ltd via Shanghai Stock Exchange

Filed with SSE · Stock code 603618 · · 4 pages · Chinese

Summary by 6ix AI

Hangzhou Cable Co Ltd has announced progress regarding guarantees provided for its wholly-owned subsidiary, Yongte Cable Co Ltd. The company will provide a guarantee for a loan requested by Yongte Cable to support its operational needs. The board believes that this guarantee is necessary and reasonable to ensure the subsidiary's business continuity and overall company interests. As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is significant, with no overdue guarantees reported.

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

On 6ix: 6ix.com/news/603618hangzhou-cable-co-ltdannouncement-on-progress-in-providing-guarantees-for-wholly-owned-subsidiary

Release

Announcement on Progress in Providing Guarantees for Wholly-owned 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:

Hangzhou Cable Co Ltd on 6ix

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