Truchum provides guarantees for subsidiaries, chairman pledges shares

Anhui Truchum Advanced Materials & Technology (Truchum) is providing a total of CNY 27,500 million in new guarantees for credit facilities for three wholly-owned subsidiaries: Anhui Truchum High Precision Copper Strip, Anhui Truchum Advanced Electrical Materials, and Wuhu Truchum Alloy Copper Materials. These new guarantees increase the total outstanding guarantees to CNY 856,258 million, representing 109.46% of the company's net assets as of June 30, 2025. The guarantees are for facilities from Bohai Bank, China Citic Bank, and Bank of China.

Concurrently, Truchum's controlling shareholder, Anhui Truchum Investment Group Co., Ltd., has pledged 28,000,000 shares, representing 7.07% of its total holdings and 1.73% of the company's total share capital, for financing purposes. This pledge increases the total pledged shares by Anhui Truchum Investment Group to 63,000,000 shares, which accounts for 15.90% of its total holdings and 3.88% of Truchum's total share capital. The pledged shares are held through China Minsheng Bank Co., Ltd., Wuhu Branch.