金徽矿业股份有限公司为全资子公司提供担保的进展公告详解

一、报告要点总结

• 担保事项：金徽矿业股份有限公司（证券代码：603132，简称“金徽股份”或“公司”）为全资子公司甘肃金徽嘉特矿业有限公司（简称“金徽嘉特”）提供1,000万元担保。
• 担保方式：连带责任保证，担保期限为三年，无反担保。
• 担保背景：金徽嘉特矿业为公司全资子公司，因江洛矿区整合项目建设和生产经营资金需求较大，自有资金不足，需通过银行贷款融资，公司为其贷款提供担保。
• 累计担保总额：截至公告日，公司及控股子公司累计对外担保总额为110,166.66万元，占公司2025年经审计净资产的34.37%。
• 风险提示：本次担保为资产负债率超过70%的单位提供担保，但公司不存在逾期担保，亦未为控股股东、实际控制人及其关联人提供担保。

二、详细内容解读

1. 担保事项及背景

公司于2026年4月28日与交通银行天水分行签署《保证合同》，为全资子公司金徽嘉特矿业提供1,000万元连带责任保证担保，担保内容涵盖主债权本金、利息、复利、罚息、违约金、损害赔偿金及实现债权的费用，担保期限自主债务履行期限届满之日起三年。

本次担保无反担保，主要是为保障江洛矿区整合项目顺利推进，应对金徽嘉特矿业在建设及生产经营中资金需求压力。

2. 内部决策流程合规

公司已于2026年3月26日召开的第二届董事会第二十次会议审议通过了《关于为控股公司提供担保额度预计的议案》，并于2026年4月17日的2025年年度股东大会上获得批准。本次担保事项在事前授权范围内，无需再次提交董事会及股东大会审议。

3. 被担保子公司基本情况

• 名称：甘肃金徽嘉特矿业有限公司
• 持股：金徽股份100%控股
• 注册资本：2,000万元
• 资产负债情况（2026年3月31日）：
  • 资产总额：7,067.34万元
  • 负债总额：6,009.54万元
  • 资产净额：1,057.80万元
• 盈利能力：
  • 2026年1-3月净利润：479.52万元
  • 2025年全年净利润：376.64万元
• 经营范围：主要包括非煤矿山矿产资源开采及相关选矿、矿石销售等。

4. 累计担保及风险提示

公司当前累计对外担保总额（包括本次）为110,166.66万元，占公司2025年经审计净资产的34.37%，未超过50%或100%的相关监管红线。公司无逾期担保，也未为控股股东、实际控制人及其关联人提供担保。

特别需注意：本次担保对象金徽嘉特矿业的资产负债率较高（截至2026年3月31日，资产负债率为85%），担保风险需持续关注。

三、对投资者影响及潜在市场关注点

• 本次公告显示公司积极支持全资子公司矿业项目建设及生产，有利于江洛矿区整合项目顺利推进，或将提升公司未来盈利能力。
• 但公司整体对外担保规模较大，且本次担保对象资产负债率较高，投资者应持续关注公司整体财务稳健性及担保项下的潜在风险。
• 公告内容与公司资金流动、子公司发展及未来业绩密切相关，具有一定的市场关注与股价波动可能性。

四、结论

本次为全资子公司提供担保，显示公司对矿业主业发展的坚定投入。投资者需关注公司对外担保规模和被担保子公司高负债率带来的潜在风险，并结合公司未来矿业项目产能释放及效益提升，综合评估投资价值。

免责声明

本报道仅供投资者参考，不构成任何投资建议。投资有风险，决策需谨慎。

Jinhui Mining Provides Guarantee for Wholly-Owned Subsidiary: Key Details for Investors

1. Key Points

• Guarantee Provided: Jinhui Mining Co., Ltd. (stock code: 603132) provides a RMB 10 million guarantee for its wholly-owned subsidiary, Gansu Jinhui Jiate Mining Co., Ltd. (“Jinhui Jiate”).
• Guarantee Method: Joint and several liability guarantee, valid for three years, with no counter-guarantee.
• Purpose: Jinhui Jiate is undertaking a mining consolidation project with high capital needs. The guarantee supports its financing for construction and operations.
• Total Guarantee Exposure: As of this announcement, the company and its subsidiaries have total outstanding guarantees of RMB 1,101.67 million, accounting for 34.37% of the 2025 audited net assets.
• Risk Alert: The guarantee is provided to a unit with an asset-liability ratio over 70%. There are currently no overdue guarantees, nor guarantees to controlling shareholders or related parties.

2. In-Depth Details

Guarantee Specifics

On April 28, 2026, Jinhui Mining signed a guarantee contract with the Tianshui branch of Bank of Communications, providing Jinhui Jiate with a RMB 10 million joint liability guarantee. The guarantee covers principal, interest, compound interest, penalty interest, damages, and debt collection costs, valid for three years after the principal debt maturity date.

This move is to ensure the progress of the Jialuo Mine consolidation project given the subsidiary’s significant funding gap.

Decision-Making Process

The guarantee was approved by the board on March 26, 2026, and by the annual shareholders’ meeting on April 17, 2026. The action is within pre-authorized limits, requiring no further board or shareholder approval.

Subsidiary Overview

• Name: Gansu Jinhui Jiate Mining Co., Ltd.
• Ownership: 100% owned by Jinhui Mining
• Registered Capital: RMB 20 million
• Financials (as of March 31, 2026):
  • Total Assets: RMB 70.67 million
  • Total Liabilities: RMB 60.10 million
  • Net Assets: RMB 10.58 million
  • Q1 2026 Net Profit: RMB 4.80 million; 2025 Net Profit: RMB 3.77 million
• Operations: Non-coal mining (excluding rare earth and radioactive minerals), mineral processing, and sales.

Guarantee Exposure and Risks

Total external guarantees (including this one) stand at RMB 1,101.67 million, or 34.37% of audited 2025 net assets—well within regulatory thresholds. No overdue or related-party guarantees exist. However, Jinhui Jiate’s asset-liability ratio is high (approx. 85% as of March 31, 2026), and the guarantee increases the group’s overall risk exposure.

3. Implications for Investors

• This shows Jinhui Mining’s strong commitment to expanding its mining operations, potentially supporting future earnings if the project succeeds.
• However, the high guarantee exposure and subsidiary leverage may raise concerns about financial stability and should be monitored closely.
• The news is relevant to the company’s cash flow, project progress, and risk profile—potentially affecting share price volatility.

4. Conclusion

This guarantee underscores the company’s focus on mining project development but highlights the need for investors to watch guarantee levels and debt risk at the subsidiary level. The actual impact on valuation will depend on the project’s success and future financial performance.

Disclaimer

This article is for information purposes only and does not constitute investment advice. Please make investment decisions cautiously.