盛达金属资源股份有限公司关于为子公司提供担保暨接受关联方无偿担保的进展公告

Summary of Key Points Core Viewpoint The company, Shengda Metal Resources Co., Ltd., has approved significant guarantees for its subsidiaries, exceeding its audited net assets, indicating a strategic move to support its subsidiaries' financing needs while managing associated risks. Group 1: Guarantee Overview - The company has approved a total guarantee amount not exceeding RMB 6 billion for its subsidiaries, which includes various financing methods such as loans and leasing [2] - The guarantee period is effective from the date of approval until the next annual shareholders' meeting in 2025, allowing for the renewal and extension of existing guarantees [2] - The company has also approved a separate guarantee of up to RMB 2.5 billion from its chairman and his spouse for financing activities, which will not incur any fees or require counter-guarantees [3] Group 2: Guarantee Progress - The company's subsidiary, Inner Mongolia Yindu Mining Co., Ltd., has applied for a credit limit of RMB 220 million from a bank, with the company and its chairman providing joint guarantees [4] - Another subsidiary, Inner Mongolia Guangda Mining Co., Ltd., has applied for a credit limit of RMB 80 million, with the company providing collateral through its equity stake in Yindu Mining [4][5] - The guarantees provided are within the approved limits from the board meeting and shareholders' meeting, ensuring compliance with internal regulations [6] Group 3: Related Party Information - The chairman, Mr. Zhao Qing, holds 2.79% of the company's shares and is considered a related party under stock exchange rules [7] - His spouse, Ms. Li Yuanchun, is also classified as a related party, and both are not listed as dishonest executors [7] Group 4: Financial Metrics - The total approved guarantee amount of RMB 6 billion represents 197.16% of the company's latest audited net assets, while the current balance of guarantees stands at RMB 2.508 billion, accounting for 82.42% of the net assets [12]