CPEC(SH:600339) Zheng Quan Ri Bao·2025-12-12 13:43Core Viewpoint - China National Petroleum Engineering Company (中油工程) announced plans to provide bank credit guarantees and parent company project guarantees for its subsidiaries to support their daily operations, with a total guarantee amount not exceeding 46.945 billion RMB for the year 2026 [2] Group 1: Guarantee Details - The total expected new guarantee amount for 2026 is capped at 46.945 billion RMB, which includes approximately 27.681 billion RMB for subsidiaries with a debt-to-asset ratio above 70% and about 19.264 billion RMB for those below 70% [2] - The new bank credit guarantee amount is limited to 307 million RMB, while the parent company project guarantee is set at a maximum of 46.638 billion RMB [2] - The guarantee plan is effective from January 1, 2026, to December 31, 2026 [2]