Group 1 - The core point of the article is the signing of a financing guarantee framework agreement between Dianchi Water (03768) and Kunming Water Group, which involves mutual loan guarantees of up to RMB 5 billion [1][2] - As of the announcement date, Dianchi Water has utilized approximately RMB 2 billion of the RMB 5 billion loan guarantee provided to Kunming Water Group and its subsidiaries, with RMB 1 billion already repaid and another RMB 1 billion still in the normal performance period [1] - Kunming Water Group has fully utilized its RMB 5 billion loan guarantee for Dianchi Water and its subsidiaries, with all loans still in the normal performance period [1] Group 2 - The framework agreement allows Kunming Water Group to provide an additional guarantee of up to RMB 5 billion for Dianchi Water and its subsidiaries, which can be reused [2] - The guarantee covers all debts under financing contracts signed by Dianchi Water and its subsidiaries, including principal, interest, penalties, and other associated costs [2] - There are no guarantee fees charged under the framework agreement, and Dianchi Water and its subsidiaries are not required to provide counter-guarantees [2]
滇池水务(03768)与昆明市水务集团签订《融资担保框架协议》