Xiamen C&D forecasts RMB 1.5 bn guarantee for Shangzhou Logistics

Xiamen C&D Corporation announced a forecast to provide a total guarantee limit of RMB 1.5 billion to Shangzhou Aviation Logistics Co., Ltd. and its subsidiaries. Shangzhou Logistics is considered a related party to Xiamen C&D, with Xiamen C&D holding a 50.10% equity stake. The guarantee, valid until the approval of relevant proposals at the 2027 shareholders' meeting, will cover various financing needs including bank loans, trust loans, bonds, and other credit facilities.

The board of directors approved this guarantee forecast during its thirteenth interim meeting of the tenth board of directors on December 12, 2025. This decision, also reviewed by independent directors, is pending approval at a forthcoming shareholders' meeting. The board believes this support will enhance Shangzhou Logistics' financing capabilities and aligns with Xiamen C&D's overall interests.

As of October 2025, Xiamen C&D's total external guarantee balance stood at RMB 1,947.21 billion and $37.31 billion, with no overdue guarantees reported. The company holds significant guarantees for its subsidiaries (RMB 1,916.30 billion and $37.31 billion) and investee companies (RMB 29.60 billion).