Gelonghui May 20?$Zijin Mining Group (02899.HK) $Announcement The company is a wholly owned subsidiary of Jinli Group to Bank of China Ltd. Co., Ltd., China CITIC Bank Corporation Co., Ltd., Industrial Bank Co., Ltd., China China Construction Bank Corporation Co., Ltd., China Agricultural Bank Of China Co., Ltd., Bank of Communications Co., Ltd., China China Minsheng Banking Corp Co., Ltd., Ping an Bank Co., Ltd. And other financial institutions apply for loans of no more than 464 million US dollars to provide joint and several liability guarantee. The guarantee period shall not exceed seven years.

The company provides joint and several liability guarantee for wholly-owned subsidiary Lithium Industry Coase to Bank of China Ltd. and other financial institutions for a total loan of no more than 350 million US dollars, with a guarantee period of not more than seven years. The company provides joint and several liability guarantee for the wholly-owned subsidiary Tibet Zijin Lithium Industry to apply to the bank for a loan of no more than 2.9 billion yuan, with a guarantee period of not more than seven years.

In addition, for the wholly-owned subsidiary Zijin Gold Science and Technology, the company applies to China China Minsheng Banking Corp Co., Ltd., Sanya Rural Commercial Bank Co., Ltd. (hereinafter referred to as "China Minsheng Banking Corp, Sanya Agricultural and Commercial Bank") and other financial institutions to provide joint and several liability guarantee with a total loan of no more than RMB 320 million yuan, and the guarantee period shall not exceed 13 years. As of the date of this announcement, the company's guarantee balance for Zijin Gold Technology is 0 yuan.