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AECC Aviation Power unit guarantees loan for wholly-owned entity

November 28, 2025 at 05:10 PM UTCBy FilingReader AI

AECC Aviation Power announced that its subsidiary, AECC Guizhou Liyang Aero Engine Co., Ltd. (Liyang Power), provided a guarantee of 10 million yuan for a working capital loan to AECC Guizhou Aero Engine Maintenance Co., Ltd. (Guidong Company). Guidong Company, a wholly-owned subsidiary of Liyang Power, secured the one-year loan for operational development. The guarantee's total amount is 10 million yuan, with a guarantee period of three years from the maturity date of the debt. This transaction includes a counter-guarantee from Guidong Company.

As of the announcement date, the total actual guarantees provided by Liyang Power, a subsidiary of AECC Aviation Power, reached 91 million yuan. This amount represents 0.23% of the company's latest audited net assets. The guarantee was part of an approved quota of 121 million yuan for wholly-owned subsidiaries in 2025. AECC Aviation Power has not provided guarantees for its holding subsidiaries, controlling shareholders, or their related parties, and there are no overdue guarantees.

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

SSE:600893Shanghai Stock Exchange

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