JINHUI INC. provides a guarantee of 135 million for its subsidiary, with the cumulative guarantee ratio at 12.71%

Zhitong
2025.09.15 08:16

JINHUI INC. announced that due to the construction and operational needs of its wholly-owned subsidiary Xiejia Gou Flotation Plant, it signed two "Guarantee Contracts" with Changjiang Jinzu in 2025, providing a guarantee of 135.09 million yuan, without counter-guarantee. This matter is within the scope of prior authorization and does not require further approval from the board of directors and shareholders' meeting. The total assets of Xiejia Gou Flotation Plant amount to 906.2917 million yuan. As of the announcement date, the total external guarantees provided by the company and its holding subsidiaries amount to 414.4233 million yuan, accounting for 12.71% of the most recent audited net assets, with no overdue guarantees. This guarantee is necessary and reasonable for ensuring the smooth progress of the Jiangluo Mining Area integration project

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