Securities code: 000688 Securities abbreviation: Guocheng Mining Announcement Number: 2026-012
Guocheng Mining Co., Ltd.’s progress announcement on external guarantees
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and that there are no false records, misleading statements or major omissions.
1. Overview of Guarantee
Guocheng Mining Co., Ltd. (hereinafter referred to as the "Company" or "Guocheng Mining") held the 40th meeting of the 12th Board of Directors and the 2025 Sixth Extraordinary General Meeting of Shareholders on September 8, 2025 and September 24, 2025 respectively for review The "Proposal on Increasing the Amount and Guarantee Objects of External Guarantees in 2025" was passed, and it was agreed to provide an additional guarantee of no more than RMB 1,550 million for the company's subsidiary Sichuan Guocheng Lithium Co., Ltd. (hereinafter referred to as "Guocheng Lithium"). The usage period of the above quota is from the date of approval by the sixth extraordinary general meeting of shareholders in 2025 to March 16, 2026. For details, please refer to the "Announcement on Increasing the Amount of External Guarantees and Guarantee Objects in 2025" (Announcement No.: 2025-071) and the "Announcement on the Resolution of the Sixth Extraordinary General Meeting of Shareholders in 2025" (Announcement No.: 2025-077) disclosed by the company on designated media on September 9, 2025, and September 25, 2025.
Recently, Guocheng Lithium signed a financial leasing contract with Bank of Communications Financial Leasing Co., Ltd. to carry out financial leasing business through direct leasing. The financing amount is RMB 108.445 million. The company provides joint liability guarantee for the above business.
The above guarantees are specific guarantee matters that occurred within the scope of guarantees reviewed and approved at the 40th meeting of the company's 12th board of directors and the sixth extraordinary general meeting of shareholders in 2025, and do not need to be submitted again to the board of directors and shareholders' meeting for review. This guarantee does not constitute a related transaction.
2. Basic information of the guaranteed party
1. Company name: Sichuan Guocheng Lithium Industry Co., Ltd.
2. Date of establishment: February 13, 2023
3. Registered address: Deyang-Aba Ecological Economic Industrial Park, Mianzhu City, Sichuan Province
4. Legal representative: Deng Ziping
5. Registered capital: RMB 1,000,000,000
6. Unified credit code: 91510683MAC86XF20Q
7. Business scope: General projects: manufacturing of basic chemical raw materials (excluding manufacturing of hazardous chemicals and other licensed chemicals); manufacturing of non-ferrous metal alloys; sales of non-ferrous metal alloys; processing of renewable resources; technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; import and export of goods. (Except for items that require approval according to law, business activities can be carried out independently with a business license in accordance with the law) Licensed items: road cargo transportation (excluding dangerous goods); inspection and testing services. (Projects that require approval according to law can only be carried out with the approval of relevant departments. Specific business projects shall be subject to the approval documents or licenses of relevant departments)
8. Equity structure: Guocheng Mining holds 75% of the shares, Deyang Investment Holdings Industrial Investment Co., Ltd. holds 25%, and the actual controller is Mr. Wucheng.
9. Main financial data
Unit: 10,000 yuan
10. Guocheng Lithium has a good credit standing and is not a defaulter.
3. Main contents of the guarantee agreement
1. Guarantee method: joint liability guarantee guarantee.
2. Scope of guarantee: The scope of the guarantee is all the debts that the debtor should pay to the creditor under the main contract, including but not limited to the lease principal, rent interest, nominal price of the leased property, liquidated damages for delayed payment, liquidated damages, compensation, and other payables (including but not limited to debt interest and delayed performance fees arising from the debtor's failure to perform the monetary obligation to pay money within the time limit specified in the legal document as stipulated by law). etc.) as well as the litigation fees, preservation fees, preservation guarantee fees (preservation insurance premiums), execution fees, attorney fees (subject to the contract signed by the creditor and the law firm, including all fees paid and payable by the creditor), agency fees, consulting fees, travel expenses, appraisal fees, appraisal fees, notarization fees, certification fees, expenses incurred in recovering and disposing of the leased property and other reasonable expenses paid by the creditor to realize the creditor's rights.
3. Guarantee period: The guarantee period starts from the effective date of this contract and ends three years after the expiration of the performance period of the main contract.
4. Impact of the guarantee provided this time
This time, the company provided guarantee for Guocheng Lithium Industry, which will help Guocheng Lithium Industry's development and its demand for funds. Other shareholders of Guocheng Lithium did not provide guarantees of the same proportion and did not set up counter-guarantees. Guocheng Lithium Industry is a controlled subsidiary of the company. The company can keep abreast of its credit and financial status, and the guarantee risks are controllable. This guarantee will not harm the interests of the company and shareholders, and will not have an adverse impact on the company's normal operations and business development.
5. Cumulative number of external guarantees and number of overdue guarantees
As of the disclosure date of this announcement, the actual external guarantee balance of the company and its holding subsidiaries is 2,126.3512 million yuan, accounting for 71.10% of the company's latest audited net assets. After this guarantee is provided, the actual external guarantee balance of the company and its holding subsidiaries will not exceed RMB 2,234,796,200, accounting for 74.73% of the latest audited net assets of the listed company. Except for the guarantee provided to Malkang Jinxin Mining Co., Ltd., the company and its holding subsidiaries have not provided guarantees to units outside the consolidated statements. The company and its holding subsidiaries have no overdue guarantees, guarantees involved in litigation, or losses due to the judgment of losing the guarantee.
Announcement is hereby made.
Board of Directors of Guocheng Mining Co., Ltd.
February 12, 2026
