China Mining International Limited: Important Update on Debt Mediation and Legal Proceedings

Key Points from the Announcement

• Legal Action Initiated: Zhongnong Huasheng Agricultural Science and Technology Co., Ltd. (“Zhongnong Huasheng”), a 63.11%-owned subsidiary of China Mining International Limited, has received a court summons and a property declaration notice from the Zhongyuan District People’s Court in Zhengzhou.
• Summons Details: Both Zhongnong Huasheng and the guarantors of a loan agreement with Zhengzhou Agricultural Financing Guarantee Co., Ltd. (“the Creditor”) are required to attend a court discussion on 13 November 2025 regarding case number (2025) Yu 0102 Execution No. 6381.
• Property Declaration Ordered: Under Article 252 of the Civil Procedure Law of the People’s Republic of China, Zhongnong Huasheng and the guarantors must declare their current property status and any changes to their assets over the past year.
• Active Engagement: The company has committed to declaring the required property information within the specified timeframe, attending the court session, and actively engaging with the creditor to negotiate resolutions.

Important Information for Shareholders

• Potential Price Sensitivity: The legal proceedings and property declaration could have a material impact on the financial position of Zhongnong Huasheng and, by extension, the Group. The outcome of negotiations and the court’s decision may affect the Group’s ability to meet its obligations, its asset base, and future profitability.
• Risk of Enforcement: The fact that the court has initiated execution proceedings signals a risk of asset seizures or other enforcement actions, which could result in significant financial liabilities or loss of assets for the company.
• Uncertainty for Investors: The situation introduces uncertainties regarding the resolution of the debt and the company’s financial health. Any adverse development may affect investor confidence and the market value of the company’s shares.
• Further Announcements Expected: The company has stated it will provide updates if there are any material developments. Shareholders should closely monitor future announcements for changes in the company’s financial or legal situation.

Detailed Actions by the Company

• Ensuring compliance with the court’s order to declare property status and changes within the past year.
• Attending the court discussion on 13 November 2025 as required.
• Engaging proactively with the creditor in hopes of negotiating a resolution to the dispute.

Cautionary Statement

Shareholders and potential investors are urged to exercise caution when dealing in the shares of China Mining International Limited. Given the ongoing legal proceedings and potential for material impact on the Group’s financials, it is recommended that investors seek advice from stockbrokers, bank managers, solicitors, accountants, or other professional advisers if in doubt.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. The situation described involves ongoing legal proceedings and material uncertainties. Investors should consult professional advisors and make decisions based on their own independent assessment of the risks involved.

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