Huatai Securities subsidiary issues notes, another wholly-owned unit guarantees

Huatai Securities' indirect wholly-owned subsidiary, Huatai International Finance Co., Ltd., issued $0.55m in medium-term notes under its existing program on December 15, 2025. Huatai International Financial Holdings Company Limited, another wholly-owned subsidiary of Huatai Securities, guarantees this issuance. The total outstanding guaranteed amount after this issuance stands at $13.35m. The guarantee supports business development and daily operational capital needs.

Huatai International Finance Co., Ltd. is an indirect wholly-owned subsidiary with a gearing ratio exceeding 70%. Huatai Securities maintains 100% control through Huatai International, allowing close monitoring of its solvency. The board of directors of Huatai International approved the guarantee for the medium-term note issuance.

As of the announcement date, Huatai Securities and its controlling subsidiaries' total external guarantees amounted to RMB 434.36bn, all provided to its subsidiaries. The total guarantees to controlling subsidiaries reached RMB 339.09bn, representing 22.66% and 17.69% of the company's latest audited net assets, respectively. There are no overdue guarantee obligations.