CITIC (00267): Xingcheng Special Steel intends to provide 1.65 billion yuan in guarantees to Taifu Steel Pipe.

date
27/12/2024
avatar
GMT Eight
CITIC (00267) announced that its wholly-owned subsidiary, Jiangyin Xingcheng Special Steel Co., Ltd. (referred to as "Xingcheng Special Steel"), plans to provide a guarantee of 1.65 billion RMB to its subsidiary Shanghai Zhongte Taifu Steel Pipe Co., Ltd. (referred to as "Taifu Steel Pipe").

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