Shengxin Lithium Energy announced that its wholly-owned subsidiary Shengwei International provided a joint liability guarantee for the procurement of raw materials for the holding subsidiary Indonesia. The guarantee period was 3 years, not exceeding 150 million US dollars in the first year, and not exceeding 240 million US dollars in the second and third years, respectively. Indonesia's Shengtuo's balance ratio is higher than 70%. After providing a guarantee amount this time, such subsidiaries can use a guarantee amount of 1,094 billion yuan. As of the announcement date, the company's total guarantee to Indonesia's Shengtuo was 1,291 billion yuan. The company and its holding subsidiaries have no overdue external guarantees, etc.

Zhitongcaijing · 2d ago
Shengxin Lithium Energy announced that its wholly-owned subsidiary Shengwei International provided a joint liability guarantee for the procurement of raw materials for the holding subsidiary Indonesia. The guarantee period was 3 years, not exceeding 150 million US dollars in the first year, and not exceeding 240 million US dollars in the second and third years, respectively. Indonesia's Shengtuo's balance ratio is higher than 70%. After providing a guarantee amount this time, such subsidiaries can use a guarantee amount of 1,094 billion yuan. As of the announcement date, the company's total guarantee to Indonesia's Shengtuo was 1,291 billion yuan. The company and its holding subsidiaries have no overdue external guarantees, etc.