China CNR: Wholly-owned subsidiary issues a letter of guarantee for a prepayment of 162 million yuan for a joint-stock company.

China Railway Corporation announced that its wholly-owned subsidiary, China Railway Corporation Limited, recently applied to a bank to issue a letter of guarantee for a prepayment of approximately 33 million Australian dollars for its equity-participating Australian project company, Metro Trains West Pty Ltd. The guarantee period is from March 12, 2026 to August 28, 2031. As of the date of the announcement, the total amount of external guarantees by the company and its subsidiaries is 58.445 billion yuan, accounting for 34.63% of the audited net assets at the end of 2024, with no overdue guarantee situations.