Guocheng Mining: Added 110 million yuan in guarantees, adjusted 100 million yuan in guarantee amount.

date
22/12/2025
Guocheng Mining announced that the company had previously approved an external guarantee amount of up to 1.19 billion yuan for the year 2025. Recently, the company took on the repayment responsibility for a 100 million yuan loan for its wholly-owned subsidiary Dongkuang, and provided joint liability guarantee for a 10 million yuan loan for its wholly-owned third-level subsidiary Jinpeng Mining. Since Dongkuang's remaining guarantee amount is 0 yuan, the company transferred the unused 1 billion yuan guarantee amount from Guocheng Titanium to Dongkuang, increasing Dongkuang's guarantee amount to 485 million yuan and reducing Guocheng Titanium's to 265 million yuan. As of the disclosure date of the announcement, the actual external guarantee balance of the company and its controlling subsidiaries was 1.989 billion yuan, accounting for 66.50% of the latest audited net assets. After this guarantee, the ratio will be 70.18%.