China MCC provides guarantee for overseas project, boosts international expansion

China Metallurgical Corporation (China MCC) announced on September 9, 2025, that its subsidiary, MCC CERI Dalian Engineering Technology Co., Ltd., has received an RMB 85.245 million performance guarantee for an overseas project. This guarantee, valid from August 12, 2025, to December 10, 2026, involves no counter-guarantee and falls within the scope of the 2025 guarantee plan approved at the company's 2024 annual general meeting.

The guarantee aims to ensure the smooth progress of MCC CERI Dalian’s overseas project, which aligns with China MCC's strategic objective to expand its international market for coking projects. This move is expected to have a significant impact and provide a demonstration effect, contributing to the company's overall development. The guarantee has been approved by the company's presidential office and is deemed controllable without harming the interests of the company or its shareholders.

As of the end of August 2025, China MCC and its subsidiaries' total external guarantees amounted to RMB 19.907 bn, representing 13.01% of the company's net assets attributable to owners as audited in 2024. Guarantees provided by China MCC to its wholly-owned and controlling subsidiaries totaled RMB 18.858 bn, or 12.32% of the net assets attributable to owners. There are no overdue external guarantees, and no guarantees have been provided to controlling shareholders, actual controllers, or their affiliates.