MCC provides RMB 1.25bn guarantees to subsidiaries

Metallurgical Corporation of China provided two guarantees in July 2025. On July 16, MCC guaranteed RMB 1.2 billion for wholly-owned subsidiary MCC Property Group related to factoring financing, with a three-year term.

On July 20, controlled subsidiary Shanghai Baoye guaranteed $6.6 million for its wholly-owned unit Baoye (Cambodia) for a credit line through January 2026.

MCC's total external guarantees reached RMB 19.5 billion by end-July, representing 12.74% of audited net assets.