Junzheng Group guarantees subsidiary's loan, total outstanding at 1.5 bn yuan

Inner Mongolia Junzheng Energy & Chemical Group (Junzheng Group) provided a 10 million yuan guarantee for its wholly-owned subsidiary, Ordos Junzheng Energy & Chemical Co., Ltd. (Ordos Junzheng), in October 2025. This brings the total outstanding guarantee for Ordos Junzheng to 1.501 billion yuan as of October 31, 2025. The guarantee is part of a larger 300 million yuan facility with the Agricultural Bank of China and falls within the 16.7 billion yuan annual guarantee limit approved by shareholders for 2025.

The guarantee, a joint liability, is valid for three years from the debt's maturity date. Ordos Junzheng, with total assets of 13.38 billion yuan and a net asset value of 8.55 billion yuan as of September 30, 2025, operates in various sectors including chemical production, cement manufacturing, and power generation.

As of the announcement date, Junzheng Group's cumulative external guarantees, including those for its subsidiaries, total 7.625 billion yuan, representing 27.99% of the company's net assets as of the latest audited period. The company has no overdue guarantees.