Zijin Mining: Plans to provide guarantee for zero-coupon convertible bonds with a value of 1.5 billion US dollars for its subsidiary.

date
05/02/2026
Zijin Mining announced that it intends to provide a unconditional and irrevocable guarantee for the full amount of principal of $1.5 billion zero-coupon convertible corporate bonds issued by its wholly-owned subsidiary Jinkai Investment on February 5, 2026. Jinkai Investment currently has no actual business operation, and the bonds will mature in 2031 and can be converted into H-shares of the company's fully paid common stock. As of the announcement date, the company's total actual external guarantee amount is 39.421 billion yuan, accounting for 28.20% of the audited consolidated net assets attributable to the parent company in 2024, without any overdue external guarantees.