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Dongfang Electronics to guarantee subsidiary's bid in Nepal project

July 8, 2025 at 10:10 AM UTCBy FilingReader AI

Dongfang Electronics announced that it will provide a guarantee for its wholly-owned subsidiary, Yantai Dongfang Weisidun Electric, as it bids on a disaster recovery center project in Nepal. The guarantee will be effective upon Weisidun winning the bid and signing the project contract, and will remain valid until all obligations under the contract are fulfilled. If Weisidun does not win the bid, the guarantee will be automatically invalid.

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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