Xinjiang Zhongtai Chemical reveals extensive external guarantees to subsidiaries

Xinjiang Zhongtai Chemical Co., Ltd. disclosed total external guarantees of RMB 264,378.48 million provided to its controlling and equity-invested companies from July 1, 2025, to September 30, 2025. As of September 30, 2025, the company's cumulative actual external guarantee amounted to RMB 2,479,182.77 million.

Of this cumulative amount, guarantees to wholly-owned and controlling subsidiaries totaled RMB 2,349,248.47 million, while guarantees to associated companies and related parties reached RMB 129,934.30 million. These guarantees represent 113.81% of the company's audited net assets and 32.19% of its total assets for the year 2024.

The company stated that these guarantee matters were approved by the board of directors and shareholders, did not exceed approved limits, and were deemed to meet business development needs. The credit status of the guaranteed parties is reported as good, with no overdue guarantee matters.