Financial Street: Provide 600 million yuan guarantee for Chongqing Financial Street Rongmai Real Estate

China Network Real Estate News On December 25, Financial Street announced that recently, the company provided guarantees for the debt financing of Chongqing Financial Street Rongmai Real Estate Co., Ltd., a wholly -owned subsidiary with an asset -liability ratio of more than 70%, provided a guarantee of 600 million yuan.

As of the disclosure of this announcement, the company’s shareholders’ meeting and the board of directors approved the valid guarantee amount provided by all assets, holding subsidiaries, and shareholders participating companies was 611.158 billion yuan;The balance provided by the holding subsidiaries and the company’s participating companies was 20.665 billion yuan, accounting for 59.54%of the net asset ratio of the company’s recent phase of the shareholders of the parent company.The proportion of the company’s recent audited net assets was 3.91%.

This article comes from China Net Real Estate

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