中化国际: 中化国际关于为参股公司提供担保的进展公告

Summary of Key Points Core Viewpoint - The company, Sinochem International (Holdings) Co., Ltd., is providing a guarantee for its associate company, Halcyon Agri Corporation Limited, to support its financing needs, with a total guarantee amount not exceeding 233 million USD over a period of up to 3 years [1][2]. Group 1: Guarantee Overview - The company will provide a joint liability guarantee for Halcyon Agri Corporation Limited's financing application, with a maximum principal amount of 776 million USD [1]. - The guarantee amount corresponds to 30.01% of the company's equity stake, amounting to a maximum of 233 million USD [2]. - The total amount of guarantees already provided by the company to Halcyon Agri Corporation Limited is 2.309 billion RMB [3]. Group 2: Financial Status of the Guaranteed Entity - As of December 31, 2024, Halcyon Agri Corporation Limited had total assets of 2.093 billion USD and total liabilities of 1.4719 million USD, resulting in a negative profit of 14.719 million USD [3]. - By May 31, 2025, the company's total assets were 2.059 billion USD, with total liabilities leading to a negative profit of 40.378 million USD [3]. Group 3: Recent Developments - Halcyon Agri Corporation Limited has signed a loan agreement with Jiangsu Bank for 200 million RMB, with the company providing a guarantee of 60 million RMB based on its equity stake [4][6]. - Additionally, a loan agreement with the Export-Import Bank of China for 700 million RMB has been established, with the company guaranteeing 210.07 million RMB [5][6]. - The total external guarantee amount is within the limits approved by the company's board and shareholders [5]. Group 4: Cumulative Guarantee Data - The cumulative external guarantee balance is 2.747 billion RMB, representing 21.83% of the company's latest audited net assets attributable to shareholders [7]. - The guarantees provided to subsidiaries amount to 2.309 billion RMB, which is 18.35% of the company's latest audited net assets [8].