CITIC Metals announced that on July 14, the company provided joint liability guarantees for credit lines not exceeding RMB 500 million applied for by the wholly-owned subsidiary CITIC Bank Shanghai Branch; the wholly-owned subsidiary CITIC Metals Hong Kong Co., Ltd. provided joint liability guarantees for the wholly-owned subsidiary CITIC Metals International Co., Ltd. for credit lines not exceeding US$80 million and US$100 million applied for by HSBC Singapore and France Foreign Trade Singapore, respectively. As of June 30, the total external guarantees of the Company and its holding subsidiaries amounted to RMB 10.912 billion and US$3.781 billion, accounting for 161.31% of the latest audited net assets.

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