Jin Hui Co., Ltd. provided a total of 135 million yuan in guarantees for its subsidiaries, accounting for 12.71% of the total guarantees.
Jin Hui Mining Co., Ltd. announced that, in order to meet the construction and production needs of its wholly-owned subsidiary Xiejiagou Flotation Plant, it has signed two "Guarantee Contracts" with Changjiang Jinzu in 2025, providing a guarantee of 135.09 million yuan, with no counter security. This matter falls within the authorized scope and does not require separate approval from the board of directors or shareholders' meeting. The total assets of Xiejiagou Flotation Plant amount to 906.2917 million yuan. As of the announcement date, the total amount of guarantees provided by the company and its controlling subsidiaries to external parties is 414.4233 million yuan, accounting for 12.71% of the most recent audited net assets, with no overdue guarantee cases. This guarantee is necessary and reasonable to ensure the smooth progress of the Jiangluo Mine Area Integration Project.
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