MCC(SH:601618) Shang Hai Zheng Quan Bao·2025-08-12 19:59Summary of Key Points - The company, China Metallurgical Group Corporation, has announced two guarantees provided in July 2025 as part of its approved guarantee plan for the year [2][3] - The first guarantee involves a contract with Guoxin Commercial Factoring Co., Ltd., where the company provides a joint liability guarantee for a financing contract of RMB 1.2 billion for its wholly-owned subsidiary, China Metallurgical Real Estate Group Co., Ltd. [2] - The second guarantee is for Shanghai Baoye's subsidiary in Cambodia, where a guarantee of USD 660 million (approximately RMB 47.15 million) is provided for all debts under a credit facility [2] - The total guarantee limit approved for 2025 is RMB 60.66 billion, with RMB 59.49 billion allocated for the company's subsidiaries and RMB 1.17 billion for other entities within the consolidated financial statements [2][6] - As of the end of July 2025, the total external guarantees provided by the company and its subsidiaries amount to RMB 19.495 billion, which is 12.74% of the latest audited net assets attributable to shareholders [8] - The company has not provided guarantees for its controlling shareholders or related parties, and there are no overdue guarantees [8]