FilingReader Intelligence

Nanjing Iron & Steel provides 245m yuan guarantees for subsidiaries

July 25, 2025 at 10:01 AM UTCBy FilingReader AI

Nanjing Iron & Steel provided guarantees totaling 245 million yuan for two controlled subsidiaries: Henan Heli Technology (25 million yuan) and PT. KinXiang New Energy Technologies Indonesia (220 million yuan).

The company's total external guarantees now amount to 10.52 billion yuan, representing 40.42% of its latest audited net assets. The Indonesian subsidiary already has outstanding guarantees of 1.98 billion yuan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600282Shanghai Stock Exchange
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