Securities Code: 002716 Securities Abbreviation: Hunan Silver Announcement No.: 2026-051
Announcement on Hunan Silver Company Providing Guarantee for its Wholly-Owned Subsidiary Jinhe Mining
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
I. Overview of Guarantee Situation
Hunan Silver Co., Ltd. (hereinafter referred to as the "Company" or "Hunan Silver")'s wholly-owned subsidiary, Tibet Jinhe Mining Co., Ltd. (hereinafter referred to as "Jinhe Mining"), due to its own operational needs, intends to apply for a credit facility of no more than RMB 50 million from the Lhasa Branch of Shanghai Pudong Development Bank Co., Ltd. (hereinafter referred to as "SPD Bank"), with a term of 1 year. To support the business development of its subsidiary Jinhe Mining, the Company agrees to provide a joint liability guarantee for this credit facility loan.
The Company's Sixth Board of Directors' Twenty-Fourth Meeting, held on June 18, 2026, deliberated and passed the "Proposal on the Company Providing Guarantee for its Wholly-Owned Subsidiary."