CITIC Metal: Provide guarantees for subsidiaries of no more than 500 million RMB and 180 million USD.

Citic Metal announced that on July 14th, the company provided joint liability guarantees for the credit line applications of not more than 500 million RMB to Citic Bank Shanghai Branch by its wholly-owned subsidiary Xinjin Enterprise Development Co., Ltd. The wholly-owned subsidiary Citic Metal Hong Kong Limited provided joint liability guarantees for the credit lines of not more than 80 million US dollars and 100 million US dollars applied by its wholly-owned subsidiary Citic Metal International Limited to HSBC Singapore and Far East Trading Singapore, respectively. As of June 30th, the total amount of external guarantees provided by the company and its subsidiaries was 10.912 billion RMB and 3.781 billion US dollars, accounting for 161.31% of the latest audited net assets.