China Merchants Securities Says It Has No Overdue Guarantees

Deep News10-22

On October 22, China Merchants Securities Co.,Ltd. (ASX: 600999) issued an announcement stating that, as of October 21, 2026, all guarantees provided by the company and its controlled subsidiaries consist of guarantees provided by the company to its controlled subsidiaries and guarantees between controlled subsidiaries.

The net capital guarantee limit provided by the company to its controlled subsidiaries is RMB 3.5 billion, with an actual guarantee balance of RMB 1.5 billion, accounting for 1.09% of the company's latest audited net assets.

Guarantees provided by the company or its wholly-owned subsidiaries for domestic and overseas debt financing instruments issued by overseas wholly-owned subsidiaries shall not exceed 10% of the company's latest audited net assets for any single guarantee, and the total guarantee amount shall not exceed 30% of the company's latest audited net assets.

The total guarantee amount provided by CMSC (ASX: 06099) and its wholly-owned subsidiaries shall not exceed HKD 71 billion equivalent, of which the total financing guarantee amount shall not exceed HKD 4.1 billion equivalent, with an actual guarantee balance of RMB 1.381 billion, accounting for 1.00% of the company's latest audited net assets.

The company has no overdue guarantees, no guarantees involved in litigation, and no circumstances where it should bear losses due to guarantees ruled against in court.

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