Overview of Guarantees
Guangdong Mining Industry Co., Ltd. (hereinafter referred to as "the Company" or "Guangdong Mining") held its first extraordinary general meeting of shareholders from February 10 to February 27, 2026. During this meeting, the proposal regarding the external guarantee limit for 2026 was approved. The total amount of guarantees shall not exceed CNY 5,560 million, with the company’s guarantee limit not exceeding CNY 1,800 million, and the subsidiary's guarantee limit not exceeding CNY 3,760 million.
The company and its subsidiaries will adjust the guarantee limits based on actual conditions. The adjustment will occur when the asset-liability ratio exceeds 70%. The maximum guarantee limit will be reviewed and approved by the board of directors. The guarantee limit will be valid until the second extraordinary general meeting of shareholders in 2026.