301500SZSE
🚨 Material Event

Announcement on Providing Guarantee for Controlling Subsidiary Jiangxi Barton

✨ AI Summary

The announcement details Guangdong Feinan Resources' decision to provide a guarantee for its subsidiary Jiangxi Barton. The guarantee amount is capped at 5 billion yuan, with a maximum liability of 10 million yuan for 70% of the subsidiary's debts. The guarantee period is set for three years, starting from the date of signing.

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Full Translation

AI Translation· azure_openai

1. Guarantee Overview

Guangdong Feinan Resources Co., Ltd. (hereinafter referred to as "the Company") convened its third extraordinary general meeting on April 9, 2026, and proposed to provide a guarantee for Jiangxi Barton Co., Ltd. (hereinafter referred to as "the Subsidiary") in the amount of no more than 5 billion yuan. The guarantee is intended to cover the Subsidiary's financial needs, with the maximum liability not exceeding 10 million yuan for 70% of the Subsidiary's debts. The guarantee will be in effect for three years from the date of signing.

2. Guarantee Progress

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