TianShan Aluminium issues new guarantees totaling 249 bn yuan for 2025

TianShan Aluminium Group Co., Ltd. announced it has provided several guarantees for its wholly-owned sub-subsidiaries and a wholly-owned subsidiary. Specifically, TianShan Aluminium provided a maximum guarantee of 200,000,000 yuan for Jingxi Tiangui Aluminium Co., Ltd., 200,000,000 yuan for Shanghai Xinran Industrial Co., Ltd., and 100,000,000 yuan for Shihezi Xinren Battery Aluminium Foil Technology Co., Ltd. Additionally, TianShan Aluminium's wholly-owned subsidiary, Xinjiang Production and Construction Corps Eighth Division Tian Aluminium Co., Ltd., provided maximum guarantees of 50,000,000 yuan each for Shihezi Tianrui Energy Co., Ltd. and Xinjiang Tianzhan New Material Technology Co., Ltd.

These guarantees fall within the 249 billion yuan total new guarantee limit approved for 2025, which includes inter-company guarantees within the consolidated group. The total outstanding external guarantees by TianShan Aluminium and its controlling subsidiaries, excluding inter-company guarantees within the consolidated group, now stand at 28.862 billion yuan, representing 107.57% of the company's most recent audited net assets. Guarantees for wholly-owned or controlling subsidiaries amount to 107.57% of net assets. The company states that the guaranteed entities possess sound asset quality and debt repayment capabilities.