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abugarciablackmax3lowprofilebaitcastreel| Yi Dazong (01733.HK) plans to provide guarantee for the comprehensive credit of not more than 180 million yuan affiliated to Inner Mongolia Haotong

2024-05-17 19:08:10

Gelonghui May 17 丨 Yi Dazong (01733abugarciablackmax3lowprofilebaitcastreel.HK) announced that recently, Inner Mongolia Haotong Energy Co., Ltd.("Inner Mongolia Haotong"), a wholly-owned subsidiary of the company, has obtained a comprehensive credit line of no more than RMB 150 million from the Export-Import Bank of China's Inner Mongolia Autonomous Region Branch, with a term of one year from April 1, 2024. Comprehensive credit should be used by Inner Mongolia Haotong for daily businessabugarciablackmax3lowprofilebaitcastreelLiquidity and international and domestic trade financing purposes. In view of the comprehensive credit provided by the bank to Inner Mongolia Haotong, the company agreed to provide the bank with corporate guarantees for three years starting from April 1, 2024, with a total amount of no more than RMB 180 million to ensure Inner Mongolia Haotong's performance of its comprehensive credit obligations.

abugarciablackmax3lowprofilebaitcastreel| Yi Dazong (01733.HK) plans to provide guarantee for the comprehensive credit of not more than 180 million yuan affiliated to Inner Mongolia Haotong