Core Viewpoint - The company has provided a guarantee of up to $36 million for its wholly-owned subsidiary, Sino-Platinum Metals (Singapore) Pte. Ltd., to support its hedging business and supplement working capital [2][11]. Group 1: Guarantee Details - The guarantee amount provided is up to $36 million, replacing a previous guarantee of 100 million RMB and $6 million [2]. - As of the announcement date, the total guarantee balance provided to the subsidiary is 182.44 million RMB, which includes the current guarantee amount [2][13]. - There is no counter-guarantee as the subsidiary is wholly owned by the company [3]. Group 2: Subsidiary Information - Sino-Platinum Metals (Singapore) Pte. Ltd. was established on December 27, 2018, with a registered capital of $15 million [6]. - The subsidiary's total assets as of December 31, 2024, are approximately $41.44 million, with net assets of about $22.27 million and a total profit of approximately $3.83 million for the year [7]. Group 3: Guarantee Contract Terms - The guarantee contract was signed on January 14, 2026, and the guarantee period is three years from the maturity of the guaranteed debt [9][10]. - The guarantee covers all current and future debts of the subsidiary to the bank, including principal, interest, and associated costs [9]. Group 4: Board Approval and Risk Assessment - The guarantee was approved by the company's board and the 2024 annual general meeting, falling within the authorized limits [12]. - The company assesses the risk of this guarantee as controllable, given the subsidiary's status as a wholly-owned entity [11].