CMOC Group Limited plans to provide guarantees totaling no more than 4.36 billion yuan directly or through wholly-owned subsidiaries to other wholly-owned subsidiaries. This guarantee plan involves several wholly-owned subsidiaries, including companies with debt-to-asset ratios exceeding 70%. The duration of the guarantees ranges from six months to eight years and is primarily used to support the subsidiaries' daily Operation and Business development.The guarantee objects include IXM Chile Ltd., CMOC Group Limited Luoyang Dinghong Trading Co., Ltd., and Luoyang Luan Chuan Molybdenum Group Tungsten Industry Co., Ltd., among others. Among these, the maximum guarantee amount for IXM Chile Ltd. is 0.15 billion USD; the guarantee amounts for Luoyang Dinghong Trading, Luoyang Luan Chuan Molybdenum Group Tungsten Industry, and...Show More

CMOC Group Limited plans to provide guarantees totaling no more than 4.36 billion yuan directly or through wholly-owned subsidiaries to other wholly-owned subsidiaries. This guarantee plan involves several wholly-owned subsidiaries, including companies with debt-to-asset ratios exceeding 70%. The duration of the guarantees ranges from six months to eight years and is primarily used to support the subsidiaries' daily Operation and Business development.The guarantee objects include IXM Chile Ltd., CMOC Group Limited Luoyang Dinghong Trading Co., Ltd., and Luoyang Luan Chuan Molybdenum Group Tungsten Industry Co., Ltd., among others. Among these, the maximum guarantee amount for IXM Chile Ltd. is 0.15 billion USD; the guarantee amounts for Luoyang Dinghong Trading, Luoyang Luan Chuan Molybdenum Group Tungsten Industry, and Luoyang Molybdenum Luan Chuan Molybdenum Group Sales Co., Ltd. are all 0.5 billion yuan RMB. The company stated that these guarantees are based on forecasts of the current business situation, and the guarantee amounts among wholly-owned subsidiary members can be adjusted within the total limit.As of the announcement date, CMOC Group Limited's total external guarantee amount is 17.039 billion yuan RMB, accounting for 28.62% of the company's most recent audited net assets. The company emphasized that these guarantees are provided only to wholly-owned subsidiaries, beneficial for the stable and sustainable development of the company, and in line with actual Operation conditions and overall development strategy. The creditworthiness of the guaranteed parties is good, the guarantee risk is overall controllable, and the company currently has no outstanding external guarantees.