Goldwind Tech guarantees South African subsidiary's deal
Goldwind Tech [SZSE:002202] announced it will provide a joint guarantee, with its subsidiary Goldwind International Holdings (Hong Kong), for Goldwind New Energy South Africa Proprietary Limited. The guarantee supports Goldwind New Energy South Africa's obligations under a wind turbine supply and installation agreement with Fe Overberg Proprietary Limited. The total guarantee amount is capped at RMB 1,227,154,391. As of November 30, 2024, Goldwind New Energy South Africa had total assets of RMB 1,082,267,300.29 and total liabilities of RMB 1,106,068,640.74. The board of directors approved the guarantee, noting that the other shareholders in the South African subsidiary are local SMEs with limited financial capacity.
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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