Yankuang Energy advances annual guarantee plan

Yankuang Energy Group Co., Ltd. (SSE:600188) announced progress in its annual estimated guarantee plan, providing guarantees for its subsidiaries, Yankuang Ruifeng International Trading Co., Ltd. and Yanzhou Coal Australia. As of March 31, 2025, Yankuang Energy provided a guarantee of CNY0.5 billion to Yankuang Ruifeng, with the outstanding guarantee balance at CNY6.2 billion. Subsidiaries of Yanzhou Coal Australia have guaranteed Yanzhou Energy's Australian affiliates with guarantees totaling AUD10.04 billion. The guarantees fall within previously approved limits and are deemed beneficial for subsidiary financing and operational needs. The company has no overdue external guarantees. The company noted that its subsidiaries' debt asset ratios are above 70% and investors are advised to exercise caution, even as the risks are deemed controllable.