CMOC announced on October 14, 2024, the external guarantee plan, which is expected to provide a total guarantee not exceeding 2.86 billion yuan for its wholly-owned subsidiaries. The guarantee plan was approved at the 2023 annual shareholder meeting and authorized by the board of directors to handle related matters. As of the announcement date, the total external guarantee of the company accounts for 38.33% of the latest audited net assets, with no overdue guarantees. In this guarantee plan, the debt-to-asset ratio of some of the guarantors exceeds 70%, and investors should be aware of related risks. The company stated that this measure is conducive to the stable and sustainable development of the company and its subsidiaries, and aligns with the overall development strategy of the company.

CMOC announced on October 14, 2024, the external guarantee plan, which is expected to provide a total guarantee not exceeding 2.86 billion yuan for its wholly-owned subsidiaries. The guarantee plan was approved at the 2023 annual shareholder meeting and authorized by the board of directors to handle related matters. As of the announcement date, the total external guarantee of the company accounts for 38.33% of the latest audited net assets, with no overdue guarantees. In this guarantee plan, the debt-to-asset ratio of some of the guarantors exceeds 70%, and investors should be aware of related risks. The company stated that this measure is conducive to the stable and sustainable development of the company and its subsidiaries, and aligns with the overall development strategy of the company.