CHINA RISUN GP (01907) provided guarantee to Xuyang Weishan

date
21:45 17/12/2025
avatar
GMT Eight
China Xuyang Group (01907) announced that on December 17, 2025, the Company (as the guarantor) entered into a guarantee agreement with the mortgage agent (representing the interests of other financiers under the financing agreement and on behalf of other financiers). The Company agreed to provide guarantees to the financiers as beneficiaries for Xuyang Mount Weishan to fulfill its obligations under the financing agreement and other related financing documents. According to the guarantee agreement, the Company is expected to assume a maximum payment obligation of up to 2.696 billion US dollars.
China Risun GP (01907) announced that on December 17, 2025, the company (as the guarantor) entered into a guarantee contract with the mortgage agent (representing the interests of other financing parties under the financing agreement and on behalf of other financing parties). The company agreed to provide guarantees to the financing parties for the benefit of Xuyangwei Mountain to fulfill its obligations in accordance with the financing agreement and other related financing documents. Under the guarantee contract, the company is expected to bear a maximum payment obligation of up to $269.6 million.