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Beiqing Huanneng (000803): External Guarantee Balance May Exceed 1.4 Billion Yuan
Beiqing Huanneng (000803) announced that it plans to add no more than 800 million yuan of guarantee for the subsidiary companies within the scope of consolidated statements, and the guarantee period is from the date when the relevant proposals are passed by the general meeting of shareholders to the date of holding the annual general meeting of shareholders in 2021.
According to the announcement, after all the guarantees discussed by the board of directors have been realized, the balance of guarantee provided by the company is 1.402 billion yuan, accounting for 234.35% of the latest audited net assets of the company.
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