Yankuang Energy boosts subsidiaries with financial aid, guarantees

Yankuang Energy Group Co., Ltd. (SSE:600188) is actively supporting its subsidiaries through financial assistance and guarantees, according to a series of recent announcements. A significant component of this strategy involves providing CNY 1 billion in internal loans from Shandong Energy Group Lusi Mining Co., Ltd. to its subsidiary, Linyi Mining Group Heze Coal and Electricity Co., Ltd., for a three-year term with a 3.1% interest rate, supported by collateral.