Qilu Expressway (01576) announced in September 2024, the company provided joint liability guarantee for Shandong Shunguang Industrial on the shares of Bank of Beijing...
Zhitong Finance APP news, Qilu Expressway (01576) announced in September 2024, the company provided joint liability guarantee for Shandong Shunguang Industrial at the Jinan Branch of Bank of Beijing, covering the principal debt (up to RMB 0.1 billion yuan) and related interests, with a guarantee period of three years from the expiration date of the guaranteed debt under the main contract.
In the same month, the company provided joint liability guarantee for Shandong Shunguang Industrial on the shares of CM Bank Jinan Branch, covering the principal debt (up to RMB 0.1 billion yuan) and related interests, with a guarantee period of two years beyond the expiration date of each loan or other financing under the main contract from the effective date of the guarantee letter.
