Yankuang Energy Group Company Limited Class H ( (HK:1171) ) has provided an announcement.
Yankuang Energy Group Company Limited has announced a strategic move to provide financing guarantees to its subsidiaries, aiming to reduce financing costs and ensure smooth operational funding. The company plans to authorize guarantees up to USD 4 billion for its subsidiaries and AUD 1.5 billion for its Australian subsidiaries, which will support their daily operations and strengthen their financial stability.
More about Yankuang Energy Group Company Limited Class H
Yankuang Energy Group Company Limited is a joint stock limited company incorporated in China, operating in the energy sector. The company primarily focuses on providing energy solutions and has a significant presence in the market through its subsidiaries, including Yancoal Australia.
YTD Price Performance: -4.39%
Average Trading Volume: 1,250
Technical Sentiment Signal: Buy
Current Market Cap: $15.94B
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