Antong holdings adjusts subsidiary guarantee limits for infrastructure funding

Antong Holdings Co., Ltd. announced an internal adjustment of guarantee limits for its wholly-owned subsidiaries, approved on December 8, 2025, by the President's Office Meeting. The company will reallocate 50m yuan from Hainan Ansheng Shipping Co., Ltd.'s remaining guarantee quota to Antong Huadong Logistics Co., Ltd. (Huadong Logistics). This adjustment aims to meet the financing needs of Huadong Logistics' container construction project and facilitate its daily operations.

The decision falls within the total guarantee limit of 2.6bn yuan approved by the Annual General Meeting on April 15, 2025. Huadong Logistics, a wholly-owned subsidiary, will now have a total guarantee limit of 550m yuan, with an outstanding guarantee balance of 650m yuan. Hainan Ansheng Shipping Co., Ltd.'s guarantee limit will be reduced to 50m yuan, with an outstanding balance of 0.00 yuan.

As of the announcement date, Antong Holdings' total outstanding external guarantees for its holding subsidiaries amounted to 3.09bn yuan, representing 28.70% of the company's net assets as of the latest audited period (2024 annual report). There are no overdue external guarantee items. The company stated that the adjustment involves wholly-owned subsidiaries with a debt-to-asset ratio below 70%, thus not requiring separate board or shareholder approval.