Do-fluoride: Developments of Provide Finance Guarantee for Zhengzhou Aluminum

(China Aluminum Network) Zhengzhou Aluminum (Group) Co., Ltd and Do-fluoride were the mutual insurance units. At present, Zhengzhou Aluminum (Group) Co., Ltd guaranteed 20,000 thousand yuan for Do-fluoride, while Do-fluoride guaranteed 25,000 thousand yuan for Zhengzhou Aluminum (Group) Co., Ltd.

According to relative media, Zhengzhou Aluminum has a huge sum of private loan that can not pay on time caused several guarantee companies sunk into difficult position. Now, the company was communicate with Zhengzhou Aluminum, China Citic Bank Zhengzhou Branch, Henan Gerui Composite Material Co., Ltd, try to find reasonable ways to handle the problems.

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