-+ 0.00%
-+ 0.00%
-+ 0.00%

According to the Chongqing Construction Engineering announcement, in order to guarantee the construction and operation of the Chongqing Kaizhou-Liangping Expressway project, its wholly-owned subsidiary Municipal Company 1 holds 7% of Kaiwanliang Expressway Company's shares and plans to provide it with a 70 million yuan joint liability guarantee according to the shareholding ratio, accounting for 0.90% of the company's most recent audited net assets. As of November 30, 2025, the total external guarantees of the company and its holding subsidiaries amounted to $14.168 billion, accounting for 181.59% of the latest audited net assets. The guarantee matters still need to be submitted to the company's shareholders' meeting for consideration.

Zhitongcaijing·12/08/2025 11:01:22
Listen to the news
According to the Chongqing Construction Engineering announcement, in order to guarantee the construction and operation of the Chongqing Kaizhou-Liangping Expressway project, its wholly-owned subsidiary Municipal Company 1 holds 7% of Kaiwanliang Expressway Company's shares and plans to provide it with a 70 million yuan joint liability guarantee according to the shareholding ratio, accounting for 0.90% of the company's most recent audited net assets. As of November 30, 2025, the total external guarantees of the company and its holding subsidiaries amounted to $14.168 billion, accounting for 181.59% of the latest audited net assets. The guarantee matters still need to be submitted to the company's shareholders' meeting for consideration.