Xin Xin Ke (002015): Provide Counter Guarantee For Subordinates' Equity Financing.
According to the announcement of the company, Wuxi Lantian gas turbine Co., Ltd., a subsidiary of the company, has applied for RMB 40 million yuan to the Wuxi rural commercial bank in the near future. The joint financing guarantee company of Wuxi provides joint and several liability guaranty guarantee for 100% of the loan amount. The company's controlling subsidiary, Xinxin intelligent energy Limited by Share Ltd, plans to provide a series of guarantee for Dongtai Dongtai thermoelectric power during the period of Company Limited by Guarantee's credit financing, and provide the highest sum of 20 million yuan joint liability to guarantee the counter guarantee. As of the date of the announcement, the company and its holding subsidiaries accumulated a total guarantee of 15 billion 146 million 895 thousand yuan, accounting for 374.47% of the net assets of the 2018 pro forma combined statements.
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