南山铝业: 山东南山铝业股份有限公司为全资子公司南山铝业新加坡有限公司提供担保展期的公告

Core Points - The company is providing a guarantee extension of USD 50 million for its wholly-owned subsidiary, Nanshan Aluminum Singapore Co., Ltd, bringing the total guarantee amount to USD 71 million [1][2] - The guarantee is necessary to meet the trade financing needs of the subsidiary and aligns with the company's overall business strategy [3][4] Guarantee Overview - The guarantee amount for Nanshan Aluminum Singapore Co., Ltd is USD 50 million, with a total guarantee balance of USD 71 million after this extension [1][2] - The guarantee does not involve any counter-guarantee [1][3] - There are no overdue external guarantees as of the announcement date [1][4] Subsidiary Information - Nanshan Aluminum Singapore Co., Ltd was established on March 18, 2010, and is 100% owned by the company [2] - The subsidiary's registered capital is approximately USD 76.76 million, with total assets of approximately USD 58.05 million and net profit of approximately USD 131.98 million as of March 31, 2025 [2][3] Guarantee Agreement Details - The guarantee will be effective from the date of signing the guarantee contract until August 25, 2027 [3] - The guarantee is structured as a joint liability guarantee [2][3] Board's Opinion - The board of directors has approved the guarantee, stating that the subsidiary has a good credit standing and the risk associated with the guarantee is manageable [3][4] - The board believes that the guarantee does not harm the interests of minority shareholders [4]