JINLU GROUP(SZ:000510) Shang Hai Zheng Quan Bao·2026-01-29 20:31Core Viewpoint - The company has approved a bank guarantee of RMB 73.759 million to facilitate the release of asset preservation measures for its subsidiary, Guangxi Xinjinlu Mining Co., Ltd, in a legal case pending in Shenzhen [1][2][7]. Group 1: Meeting and Approval - The first temporary board meeting of the company in 2026 was held on January 28, 2026, via communication voting, where the proposal regarding the issuance of a guarantee by the subsidiary was unanimously approved [1][3]. - The meeting followed the legal requirements set forth in the Company Law and the Articles of Association [1]. Group 2: Guarantee Details - The bank guarantee amount is RMB 73.759 million, which corresponds to the frozen equity of Guangxi Youse Limu Mining Co., Ltd, representing 22.436% of its registered capital [2][6]. - The guarantee is irrevocable and will be valid for at least two years from the date of issuance [6]. Group 3: Subsidiary Information - Guangxi Xinjinlu Mining Co., Ltd was established on March 2, 2023, with a registered capital of RMB 240 million [4]. - The company is primarily engaged in non-coal mining and related geological services, with its equity structure showing that Jinlu Asset Management Co., Ltd holds 85% and Guilin Longda Mining holds 15% [4]. Group 4: Financial and Legal Context - As of the announcement date, the company and its subsidiaries have a total guarantee balance of RMB 513.7738 million, which constitutes 19.61% of the latest audited total assets and 39.16% of the latest audited net assets [8]. - There are currently no overdue guarantees or guarantees involved in litigation that could result in losses for the company [8].