CITIC Metal Corporation announced the estimated plan for related party transactions and external guarantees for the year 2025. The company expects the total amount of daily related party transactions with related parties in 2025 to be approximately RMB 43,780.04 million, mainly involving the purchase and sale of commodities from related parties. The pricing of related transactions will follow the principle of market fair pricing.The total amount of external guarantees provided by the company in 2025 is estimated to be RMB 13.13 billion and USD 3.249 billion, mainly for guarantees to wholly-owned subsidiaries. Among them, the guarantee limit for wholly-owned subsidiaries with a debt-to-assets ratio of over 70% is RMB 13.13 billion and USD 0.48 billion; the guarantee limit for wholly-owned subsidiaries with a...Show More

CITIC Metal Corporation announced the estimated plan for related party transactions and external guarantees for the year 2025. The company expects the total amount of daily related party transactions with related parties in 2025 to be approximately RMB 43,780.04 million, mainly involving the purchase and sale of commodities from related parties. The pricing of related transactions will follow the principle of market fair pricing.The total amount of external guarantees provided by the company in 2025 is estimated to be RMB 13.13 billion and USD 3.249 billion, mainly for guarantees to wholly-owned subsidiaries. Among them, the guarantee limit for wholly-owned subsidiaries with a debt-to-assets ratio of over 70% is RMB 13.13 billion and USD 0.48 billion; the guarantee limit for wholly-owned subsidiaries with a debt-to-assets ratio of under 70% is USD 0.744 billion; the guarantee limit for holding subsidiaries is USD 0.2 billion; and the guarantee limit from subsidiaries to subsidiaries is USD 1.825 billion.In addition, the company also reviewed the external financing plan for 2025, proposing to increase the total bank credit financing limit to no more than RMB 27.7 billion equivalent. The company stated that the aforementioned related transactions and guarantee plans are beneficial to the company's stable operation and long-term development and will not harm the interests of the company and shareholders.