Announcement by Xinjiang Zhongtai Chemical Co., Ltd. on Expected Comprehensive Credit Applications for 2026
This company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
I. Overview of Credit Guarantee Situation
To ensure the production and operation needs for 2026, Xinjiang Zhongtai Chemical Co., Ltd. (hereinafter referred to as "the Company" or "Zhongtai Chemical") and its subsidiaries plan to apply to banks and other financial institutions for a total comprehensive credit limit and other financing business amounting to RMB 53.714 billion and USD 3.2 million. Among this, the credit limit for Zhongtai Chemical is RMB 18.238 billion (with existing credit of RMB 14.338 billion and new credit of RMB 3.9 billion); the credit limit for subsidiaries is RMB 35.476 billion and USD 3.2 million (with existing credit of RMB 28.402 billion and USD 3.2 million, and new credit of RMB 7.074 billion). The comprehensive credit of RMB 18.238 billion for Zhongtai Chemical is guaranteed by Zhongtai Chemical; the total guarantee amount required by the Company and its subsidiaries is RMB 23.36 billion and USD 3.2 million (with existing guarantee amount of RMB 17.835 billion and USD 3.2 million, and new guarantee amount of RMB 5.525 billion). The guarantee amount can be reused, and the guarantee situations include the Company providing guarantees for subsidiaries and mutual guarantees among subsidiaries (within the scope of consolidated financial statements). The expected external guarantee amount for the Company and its subsidiaries for 2026 is as follows:
| Guarantor | Guaranteed Party | Guarantee Balance as of January 31, 2026 (10,000 RMB) | Expected Guarantee Amount | Guarantee Amount as a Percentage of the Company’s Latest Net Assets (%) | Related Guarantee |
|---|---|---|---|---|---|
| Companies with Debt Ratio Below 70% | 1,965,412.81 | RMB 187.62 billion | USD 0.32 million | 87.15 | No |
| Companies with Debt Ratio Above 70% | 410,809.85 | RMB 45.98 billion | 21.11 | No | |
| Total | 2,376,222.66 | RMB 233.60 billion | USD 0.32 million | 108.26 | No |