Core Viewpoint - The company announced a guarantee for financing provided by Jiangchuan Center and Jiangneng Commodity Trade Co., Ltd. for its wholly-owned subsidiary, Jiangxi Coal Industry Group Co., Ltd., with a total guarantee amount not exceeding 304 million yuan for the year 2025 [1][2]. Summary by Sections Guarantee Overview - The guarantee is provided for Jiangxi Coal Industry Group Co., Ltd., which is not an affiliated entity of the company [1]. - The total guarantee amount is capped at 304 million yuan, with an actual guarantee balance of 94.9 million yuan as of July 25, 2025 [1][2]. - The guarantee will be secured by all assets owned by the guaranteed party [1]. - There are no overdue guarantees reported [1]. Internal Decision-Making Process - The proposal for the guarantee needs to be submitted for approval at the company's second extraordinary general meeting in 2025 [3]. - The guarantee includes various forms such as bank loans, letters of credit, bank acceptance bills, performance guarantees, and financing leases [2]. Financial Situation - As of the latest audited financials, the company and its subsidiaries have a total guarantee balance of 1,016.68 million yuan, which represents 429.19% of the company's latest audited net assets [2][8]. - The company has a good credit standing, and the financial risks associated with the guarantees are considered manageable [7]. Basic Information of the Guaranteed Party - Jiangxi Coal Industry Group Co., Ltd. is involved in various activities including construction, power supply, coal sales, and equipment manufacturing [5]. - The total assets of Jiangxi Coal Industry as of March 31, 2025, are approximately 473.89 million yuan, with total liabilities of about 386.54 million yuan, resulting in net assets of around 87.35 million yuan [6]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the daily operations and development needs of Jiangxi Coal Industry, which is not a dishonest entity [7]. - The financial risks are within the company's control and align with the overall interests of the company and its shareholders [7].
安源煤业: 安源煤业关于2025年度江储中心和江能物贸联合为江西煤业融资提供担保的公告