兴业银锡：拟为子公司银漫矿业和融冠矿业开展融资租赁业务提供担保

Core Viewpoint - The company plans to engage in financing leasing activities through its subsidiaries to support operational development, involving significant financial commitments and guarantees [1][2]. Financing Leasing Activities - The wholly-owned subsidiary, Yinman Mining, will finance up to RMB 300 million through a sale-leaseback arrangement with Qingdao Qingyin Financial Leasing Co., Ltd. for a period of 24 months [1]. - Yinman Mining will also engage in a financing lease of up to RMB 150 million with China Global Leasing Co., Ltd., with the same lease duration [1]. - The subsidiary, Rongguan Mining, will similarly finance up to RMB 150 million through a sale-leaseback with China Global Leasing Co., Ltd. for 24 months [1]. Guarantees and Financial Impact - The company will provide irrevocable joint liability guarantees for the financing leases, with a total guarantee amount not exceeding RMB 300 million for Yinman Mining and RMB 150 million for Rongguan Mining [1]. - After the implementation of these guarantees, the total guarantee balance for the company and its subsidiaries will be approximately RMB 3.729 billion, representing 47.2% of the latest audited net assets attributable to shareholders [2]. - The guarantees to external entities will amount to RMB 220 million, accounting for 2.78% of the latest audited net assets [2]. Revenue Composition - For the first half of 2025, the company's revenue composition shows that the mining industry accounts for 99.28% of total revenue, with other businesses contributing 0.72% [3]. Market Capitalization - As of the latest report, the company's market capitalization stands at RMB 66 billion [4].