Yuneng Holding's subsidiary plans to carry out a 3.35 billion financing lease, with the company providing guarantees.

date
16/09/2025
Henan Yueneng Holding Announcement: The wholly-owned subsidiary Trading Center received 2.35 billion yuan in financing lease credit from Waimao Jinzu, and the wholly-owned Sun Company Shanxi Xinghe received 1 billion yuan in credit from Xinda Jinzu, totaling 3.35 billion yuan. The company needs to provide joint and several guarantees. The transactions do not constitute related party transactions or major asset restructurings. The proposal is subject to approval at the shareholders' meeting and the contracts have not been signed. The creditworthiness of the guarantor is good and they are not a dishonest debtor. The board of directors believes in being able to control the risks and agrees to provide guarantees. After this guarantee, the company and its subsidiaries guarantee a balance of 21.74 billion yuan for the units in the consolidated financial statements, accounting for 69.97% of the net assets at the end of 2024 and 6.88% of total assets, without guarantees outside the consolidated financial statements or overdue, litigation-related guarantees. Please be aware of the risks.