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According to the Minmetals Development Announcement, it plans to renew the “Financial Services Agreement” with Minmetals Group Finance Co., Ltd. The agreement is valid from January 1 to December 31, 2026. This transaction constitutes a related transaction and is subject to the approval authority of the board of directors. In terms of transaction limits, the maximum daily deposit balance and interest is $370 million, and the maximum daily loan balance is $10 billion. Deposit interest rates are not lower than similar general deposit interest rates of major commercial banks during the same period. Loan interest rates refer to LPR, and are not higher than similar business interest rates from Interbank and Minmetals Finance Company to other companies. Furthermore, recent financial data of Minmetals Finance Company was disclosed. On September 30, 2025, total assets of 56.824 billion yuan, operating income of 286 million yuan, and net profit of 135 million yuan were disclosed.

Zhitongcaijing·12/22/2025 08:57:05
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According to the Minmetals Development Announcement, it plans to renew the “Financial Services Agreement” with Minmetals Group Finance Co., Ltd. The agreement is valid from January 1 to December 31, 2026. This transaction constitutes a related transaction and is subject to the approval authority of the board of directors. In terms of transaction limits, the maximum daily deposit balance and interest is $370 million, and the maximum daily loan balance is $10 billion. Deposit interest rates are not lower than similar general deposit interest rates of major commercial banks during the same period. Loan interest rates refer to LPR, and are not higher than similar business interest rates from Interbank and Minmetals Finance Company to other companies. Furthermore, recent financial data of Minmetals Finance Company was disclosed. On September 30, 2025, total assets of 56.824 billion yuan, operating income of 286 million yuan, and net profit of 135 million yuan were disclosed.