FilingReader Intelligence
Jinko Power guarantee balances exceed net assets by 25%
August 23, 2025 at 05:28 AM UTC•By FilingReader AI
Jinko Power Technology reported external guarantee balances of 1.99 trillion yuan, representing 125% of its net assets. The guarantees primarily cover controlling subsidiaries totaling 1.7 trillion yuan.
Recent activities include guaranteeing a 33 million euro loan facility for its Spanish subsidiary and a $5.9 million letter of credit for Al Ghazala Energy Company. These form part of the company's 16.6 billion yuan guarantee plan approved by shareholders for 2025.
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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