$CMOC (03993.HK)$Announce, in order to improve the efficiency of decision-making, meet the company's business development and daily financing needs, and reduce financing costs. According to the actual needs of the operation, the company intends to provide a total guarantee of no more than 3.6 billion RMB to a number of wholly-owned subsidiaries.

As of the date of disclosure of this announcement, the company has no overdue guarantee.