Group 1 - Company Huayu Mining announced plans to apply for working capital loans to support its subsidiary Guizhou Yatai Mining Co., Ltd. in operating its open-pit gold mining business and to facilitate the smooth production of its mining operations [1] - The company has secured a working capital loan of 150 million RMB from China Construction Bank with a two-year term and a guarantee provided by Huayu Mining and a 20% cash collateral from Yatai Mining [1] - Additionally, a working capital loan of 150 million RMB has been approved by Bank of Communications for Yatai Mining, specifically for operational expenses related to the Niubao gold mine, with similar guarantee arrangements [1] Group 2 - The total guarantee amount provided by the company for its subsidiary Yatai Mining is 300 million RMB, which represents 18.1% of the company's audited net assets for 2024 [2]
华钰矿业:拟为控股子公司亚太矿业提供3亿元担保