Guocheng Mining: Provide nearly RMB 370 million in guarantees to subsidiaries and adjust the guarantee amount.

Guocheng Mining announced that the company has carried out two guarantee businesses. They provided joint liability guarantee for their subsidiary Dongkuang's comprehensive credit of 290 million yuan to the Bank of Communications, transferring 35 million yuan of unused guarantee quota from Guocheng Titanium to Dongkuang. After the transfer, Dongkuang's guarantee quota increased to 385 million yuan, while Guocheng Titanium decreased to 365 million yuan. They also provided joint liability guarantee for the 120 million yuan financing lease business between Guocheng Lithium and XinYi Leasing. As of the announcement date, the actual external guarantee balance of the company and its controlling subsidiaries is 19.49 billion yuan, which will not exceed 23.59 billion yuan after the above guarantees are provided.