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Wanliyang guarantees 400m yuan for energy storage subsidiary

July 11, 2025 at 09:40 AM UTCBy FilingReader AI

Zhejiang Wanliyang will guarantee up to 400 million yuan for wholly-owned subsidiary Foshan Wanliyang New Energy Technology over eight years to support energy storage power station investment and grid-side projects in Guangdong.

The guarantee requires shareholder approval and brings Wanliyang's total external guarantees to 240 million yuan, representing 41.81% of 2024 net assets.

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

SZSE:002434Shenzhen Stock Exchange

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