Zhejiang Construction Investment provides 12.6bn yuan in guarantees

Zhejiang Provincial Construction Investment Group provided new external guarantees totaling 1.2 billion yuan in June 2025, bringing cumulative guarantees to 12.6 billion yuan.

The company guaranteed 10.6 billion yuan for wholly-owned and controlled subsidiaries, with 855 million yuan backing subsidiaries having debt-to-asset ratios exceeding 70%.