Summary by Moomoo AI
On August 16, 2024, Goldwind Science & Technology announced that it will provide a guarantee for its wholly-owned subsidiary Goldwind Italy, with an amount of 24,181,500 euros, approximately RMB 0.19 billion. Goldwind Italy has signed a turbine supply and installation agreement with Bioenergia S.r.l., and Goldwind Science & Technology will provide joint and several liability guarantee for the performance obligations and obligations of Goldwind Italy. Goldwind Italy was established in September 2023 and registered in Milan, Italy, with a registered capital of 0.01 million euros. As of May 31, 2024, Goldwind Italy has not carried out any business activities, with no external guarantees, mortgages or major litigation. The guarantee agreement expires on November 27, 2027, and the guarantee period may be extended if the performance obligations are not fulfilled. This is in line with the resolutions of the company's board of directors and shareholders' meeting regarding the provision of guarantee quotas, and is within the company's set guarantee quota.