Goldwind Confirms No Overdue Guarantees for Company and Subsidiaries

Deep News
06/17

On June 17, Goldwind Science&Technology Co.,Ltd. issued an announcement regarding its guarantee situation.

Following the full execution of the latest guarantees, the total outstanding external guarantees for the company and its controlling subsidiaries amount to RMB 8.370 billion. This figure excludes amounts for other non-financing guarantees where the guarantee obligation has not been triggered, apart from this specific instance. This total represents 19.27% of the company's most recently audited net assets.

Within this total, guarantees provided by the company and its controlling subsidiaries to entities outside the consolidated financial statements stand at RMB 207 million. This amount constitutes 0.48% of the company's most recently audited net assets.

The company has confirmed that, as of the latest update, there are no overdue guarantees or guarantees involved in litigation for either the company itself or its controlling subsidiaries.

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