Zheng Quan Zhi Xing·2025-05-28 10:43Core Viewpoint - Shandong Gold Mining Co., Ltd. announced the adjustment of guarantee limits among its subsidiaries to enhance financing efficiency and support business development, with a total expected guarantee limit of CNY 45.54 billion [2][4]. Group 1: Guarantee Adjustment Details - The company approved a guarantee limit of CNY 455,400.00 million, with CNY 199,400.00 million allocated for subsidiaries with a debt-to-asset ratio below 70% and CNY 256,000.00 million for those above 70% [2][4]. - The adjustment involves transferring a guarantee limit of CNY 200,000.00 million from Osino Gold Exploration and Mining (Pty) Ltd. to Osino Mining Investments Limited, which has a lower debt-to-asset ratio [4][5]. - The adjusted guarantee limit for Osino Mining Investments Limited increased from CNY 100,000.00 million to CNY 300,000.00 million, while the limit for Osino Gold Exploration and Mining (Pty) Ltd. became zero [5][6]. Group 2: Guarantee Progress - Recently, a new guarantee of CNY 21,562.80 million was added for Sino Gold Tenya (HK) Limited, which falls within the approved guarantee limit [5][7]. - The total guarantee amount provided by Shandong Gold's subsidiaries remains unchanged at CNY 455,400.00 million after the adjustment [5][6]. - As of the announcement date, the total external guarantee amount by Shandong Gold's subsidiaries is CNY 62,962.80 million, accounting for 4.85% of the latest audited net assets of Shandong Gold [7][8].