Gansu Energy Chemical updates on inter-company guarantees

Gansu Energy Chemical Co., Ltd. has provided an update on financial guarantees extended by the company and its subsidiaries. These guarantees, previously approved in 2023 and 2025, facilitate financing for several of its underlying enterprises. Key guarantees include Gansu Jingyuan Coal Energy Co., Ltd. providing 12,015.09 yuan in guarantees for Liuhua Chemical, 2,000 yuan for Mei-1 Company, and 1,533.11 yuan for Qingyang Power Generation.

Additionally, Gansu Jingyuan Coal Energy Co., Ltd. secured guarantees for its subsidiary, Xinqu Hot Electric, amounting to 24,400 yuan from various banks. These guarantees underscore the company's financial support for its operational units, ensuring their access to necessary credit lines.

As of the date of this announcement, the cumulative external guarantee balance by Gansu Energy Chemical and its subsidiaries totals 381,903.69 yuan. This represents 22.62% of the company's most recently audited net assets. The company confirms that all guarantees are within the scope of consolidated financial statements, with no overdue, litigated, or loss-incurring guarantees due to adverse judgments.