HY(SH:601020) Shang Hai Zheng Quan Bao·2026-01-06 18:00Group 1 - The core point of the announcement is that Tibet Huayu Mining Co., Ltd. has decided to provide a guarantee for its subsidiary, Guizhou Asia-Pacific Mining Co., Ltd., to secure a total of RMB 300 million in working capital loans from two banks [2][10][21] - The board meeting was held on January 6, 2026, with all eight directors present, and the decision to provide the guarantee was unanimously approved [2][4] - The loans consist of two parts: RMB 150 million from China Construction Bank and RMB 150 million from Bank of Communications, both with a term of two years [9][21] Group 2 - The guarantee will be provided in the form of joint liability, with Asia-Pacific Mining required to deposit 20% of the loan amount as collateral [10][21] - The board has confirmed that this guarantee does not harm the interests of the company or its shareholders, particularly minority shareholders, and complies with relevant regulations [21][19] - The total amount of guarantees provided by the company, including this new guarantee, will be RMB 610 million, which represents 18.10% of the company's audited net assets as of 2024 [21][19] Group 3 - A temporary shareholders' meeting is scheduled for January 22, 2026, to further discuss the guarantee and other matters [5][23] - The meeting will be conducted both in-person and via online voting, allowing shareholders to participate remotely [23][25] - The company has provided detailed instructions for shareholders on how to register and vote during the meeting [27][28]