002051SZSE
🚨 Material Event

Announcement on Providing Joint Liability Guarantee for Subsidiary CAMCE Green Energy (Tashkent) Co., Ltd.

China CAMC Engineering Co., Ltd.··4 pages

✨ AI Summary

This announcement details that China National Machinery Industry Corporation (CAMCE) will provide a joint liability guarantee for its subsidiary, CAMCE Green Energy (Tashkent), to secure a loan of 350 million RMB from Bank of China. The total investment for the waste-to-energy project in Tashkent is 297 million USD, with an 85% guarantee responsibility amounting to 297.5 million RMB. The board approved this guarantee to support the subsidiary's funding needs.

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Full Translation

AI Translation· azure_openai

Announcement on Providing Joint Liability Guarantee for Subsidiary CAMCE Green Energy (Tashkent) Co., Ltd.

China National Machinery Industry Corporation (hereinafter referred to as CAMCE or the Company) and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder: The asset-liability ratio of the guaranteed party, CAMCE Green Energy (Tashkent) Co., Ltd., exceeds 70%. Investors are advised to pay attention to the related risks.

I. Overview of the Guarantee

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