Anhui Conch Cement guarantees ¥10m loan for Sanming Haizhong

Anhui Conch Cement Co. Ltd. announced a guarantee for a ¥10 million loan from China Construction Bank, Qingliu Branch, to Fujian Sanming Haizhong Environmental Protection Technology Co. Ltd. (Sanming Haizhong). The guarantee, provided by Anhui Haizhong Environmental Protection Co. Ltd., a subsidiary of Anhui Conch Cement, is for a one-year term and covers the full amount with joint and several liability. This specific guarantee falls within the ¥1,859.65 million aggregate guarantee limit previously approved by the company's board and shareholders, requiring no further approval.

Sanming Haizhong Environmental Protection Technology, established in April 2017 with a registered capital of ¥60 million, is 100% owned by Anhui Haizhong Environmental Protection. The company reported total assets of ¥60.34 million and net assets of ¥50.32 million as of June 30, 2025. Sanming Haizhong's financial position is considered sound, with sufficient solvency to meet its obligations.

As of the disclosure date, the total external guarantees provided by Anhui Conch Cement and its subsidiaries (excluding inter-subsidiary guarantees) amount to ¥838 million, representing 0.45% of the company's net assets as of the latest audited period (2024). The company confirms there are no overdue guarantees and no guarantees provided to controlling shareholders, actual controllers, or related parties.