FilingReader Intelligence
Weiming Environmental guarantees 250m yuan subsidiary loan
July 23, 2025 at 09:20 AM UTC•By FilingReader AI
Zhejiang Weiming Environment Protection has provided a 250m yuan guarantee for a bank loan to its wholly-owned subsidiary, Qinhuangdao Weiming Environmental Protection Energy, for a waste-to-energy project.
As of July 20, 2025, the company's total external guarantees reached 1.17bn yuan, representing 77.70% of its 2024 audited net assets.
The company reported Q2 2025 power generation of 1.14bn kWh with an average on-grid tariff of 0.576 yuan per kWh.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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SSE:603568•Shanghai Stock Exchange
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