China International Marine Containers (Group) Co., Ltd Class H ( (HK:2039) ) has issued an announcement.
China International Marine Containers (Group) Co., Ltd. has approved a resolution to provide guarantees up to RMB4,100 million for Shenzhen Financial Leasing (Group) Co., Ltd. and its subsidiaries for their financing activities. This decision is part of a broader strategy to support Shenzhen Leasing’s financial operations, which include credit facilities, borrowings, and asset securitization. The guarantees are considered a discloseable transaction under Hong Kong Listing Rules, requiring reporting and announcement but not independent shareholder approval. The move reflects CIMC’s ongoing commitment to its associates and strategic partners, ensuring their financial stability and operational growth.
More about China International Marine Containers (Group) Co., Ltd Class H
China International Marine Containers (Group) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates in the marine container industry, focusing on manufacturing and providing marine containers and related services. The company is engaged in various financial activities, including providing guarantees for its associates.
YTD Price Performance: 9.24%
Average Trading Volume: 2,272,146
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$41.8B
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