Hainan Mining: The company plans to provide a guarantee of 300 million yuan for its subsidiary, with a total cumulative guarantee amount reaching 5.8 billion yuan.

Hainan Mining announced that, in order to meet the daily business operations and development needs of its wholly-owned subsidiary, Hainan Mining International Trade, the company plans to provide a joint and several guarantee of up to 300 million yuan for the comprehensive credit line application to Hainan Bank, with no additional collateral, for a period of three years from the date of debt maturity. The company had previously planned to provide a guarantee of up to 1 billion yuan for Hainan Mining International Trade, and this guarantee falls within the approved amount, requiring no further approval. As of the announcement date, the company and its subsidiaries had provided guarantees totaling 5.8 billion yuan, accounting for 83.45% of the most recent audited net assets, with no overdue guarantees.