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易大宗(01733.HK)拟为附属内蒙古浩通不超1.8亿元综合授信提供担保

Yi Dazong (01733.HK) plans to guarantee a comprehensive credit of no more than 180 million yuan for the subsidiary Inner Mongolia Haotong

Gelonghui Finance ·  May 17 07:01

Gelonghui, May 17, 丨 Yi Dazong (01733.HK) announced that the company's wholly-owned subsidiary, Inner Mongolia Haotong Energy Co., Ltd. (“Inner Mongolia Haotong”), recently obtained a comprehensive credit line of no more than RMB 150 million from the Inner Mongolia Autonomous Region Branch of the Export-Import Bank of China for a period of one year starting April 1, 2024. Comprehensive credit should be used by Inner Mongolia Haotong for working capital in daily business and international and domestic trade financing purposes. Since the bank provided comprehensive credit to Inner Mongolia Haotong, the company agreed to provide the bank with a corporate guarantee of not more than RMB 180 million for three years from April 1, 2024 to guarantee that Inner Mongolia Haotong fulfils its obligations under the comprehensive credit line.

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