中信金属: 中信金属股份有限公司关于公司及子公司间提供担保的公告

Summary of Key Points Core Viewpoint - The announcement details the provision of guarantees by CITIC Metal for its wholly-owned subsidiaries, Ningbo Energy and Metal International, to support their operational financing needs. Group 1: Guarantee Details - CITIC Metal provides a guarantee of up to RMB 700 million for Ningbo Energy, which has an existing guarantee balance of RMB 1.197 billion as of May 31, 2025 [1][2] - Metal Hong Kong, a wholly-owned subsidiary, will provide a guarantee of up to USD 40 million (approximately RMB 287 million) for Metal International, which has an existing guarantee balance of RMB 123 million as of May 31, 2025 [2][3] - The guarantees do not involve any counter-guarantees [2][3] Group 2: Financial Overview of Subsidiaries - Ningbo Energy has total assets of RMB 804.4 million and total liabilities of RMB 615.2 million, resulting in a net asset of RMB 189.2 million [6] - Metal International has total assets of USD 13.9 million and total liabilities of USD 9.3 million, resulting in a net asset of USD 4.6 million [7] Group 3: Approval and Compliance - The guarantees have been approved by the company's board and shareholders, aligning with the approved guarantee limits [4][9] - As of May 31, 2025, the total external guarantees provided by the company and its subsidiaries amount to RMB 131.3 billion and USD 14.24 billion, with actual guarantees of RMB 77.35 billion [10][11]