Yunnan Energy New Material provides guarantees for subsidiaries

Yunnan Energy New Material (SZSE:002812) announced that it has provided guarantees for its subsidiaries to secure credit facilities. The company signed a guarantee agreement with China Everbright Bank Kunming Branch, providing a guarantee for Yunnan Jiecun Packaging Materials Co., Ltd.'s CNY 10 million credit line. Additionally, it guaranteed Zhuhai Enjie New Material Technology Co., Ltd.'s CNY 20 million credit line with China Haxia Bank Jiangmen Branch and another CNY 20 million with China Minsheng Bank Zhuhai Branch. As of the announcement date, the total approved guarantee amount for the company and its subsidiaries is CNY 6,000,000,000.00, representing 245.19% of the latest audited net assets attributable to shareholders of the listed company. The total effective guarantee amount actually signed is CNY 4,141,878,760.00.