MHC INDUSTRIAL CO., LTD.

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Western Titanium Western material subsidiaries 30,000 millio

Date:2010-11-25 17:22
Western material of the fourth and the fourth meeting of the Board Annual General Meeting in 2009 adopted the holding company for the guarantee on the motion. Western Titanium Co., agreed to provide the maximum amount of 30,000 million in f

Western material of the fourth and the fourth meeting of the Board Annual General Meeting in 2009 adopted the "holding company for the guarantee on the motion." Western Titanium Co., agreed to provide the maximum amount of 30,000 million in financing secured credit,tellurium uses, guaranteed for one year; agreed to Xi'an Tianli Metal Composites Co.,tellurium dioxide, Ltd. to provide the highest amount of 16,000 million in financing secured credit, guarantee period for one year.

November 16, 2010, the Company and Xi'an Branch of Bank of Beijing Co., Ltd. signed a "guaranteed contract" (No: 0081404), the contract to the company a wholly owned subsidiary Titanium Industry Co., Ltd. in the western November 16, 2010 Xi'an Branch of Bank of Beijing Co.,
tellurium, Ltd. signed the "loan contract" formed 2,000 million in debt guarantees. The contract signed by 2,000 million in the company to ensure that the Annual General Meeting 2009 approved amount of 30,000 million guaranteed range.

November 12, 2010, the Company and Xi'an Branch of Bank of Beijing Co., Ltd. signed a "guaranteed contract" (No: 0081199), the Company owned subsidiary of the contract, Xi'an Tianli Metal Composite Material Co., Ltd. November 12, 2010 Japan and the Xi'an Branch of Bank of Beijing Co., Ltd. signed the "loan contract" formed 2,000 million in debt guarantees. The contract signed by 2,000 million in the company to ensure that the Annual General Meeting 2009 approved amount of 16,000 million guaranteed range.

The date of this announcement, the company accumulated to Western Titanium Co., Ltd. 23,350 million to provide security; the date of this announcement, the company accumulated to Xi'an Tianli Metal Composite Material Co., Ltd. 9,000 million to provide security; the date of this announcement, the company and sub- 36,850 million in total external security companies,
tellurium price, all subsidiaries of the security company, representing the latest audited net assets of 43.40%. No guarantee of external overdue.