FilingReader Intelligence

Antong Holdings guarantees RMB 200m loan for logistics subsidiary

December 17, 2025 at 05:09 AM UTCBy FilingReader AI

Antong Holdings Co., Ltd. announced on December 17, 2025, that it has provided a joint liability guarantee for its wholly-owned subsidiary, Antong Huadong Logistics Co., Ltd. The guarantee, amounting to RMB 200,000,000 and covering principal, interest, and related expenses, facilitates a fixed asset loan from China Construction Bank Corporation Shanghai Free Trade Zone New Area Sub-branch. This brings Antong Huadong Logistics' total outstanding guaranteed balance, including this new guarantee, to RMB 850,000,000.

The guarantee falls within the previously approved resolution from the 2024 annual shareholders' meeting on April 15, 2025, which authorized a total guarantee limit of RMB 260,000,000 for wholly-owned subsidiaries, with RMB 50,000,000 specifically for Antong Huadong Logistics. An additional RMB 5,000,000 was reallocated from Hainan Ansheng Shipping Co., Ltd.'s unused quota on December 8, 2025. The total outstanding external guarantees provided by Antong Holdings and its controlled subsidiaries now stand at RMB 329,163,93, representing 30.56% of the company's net assets as of the latest audited period (2024 fiscal year), with no overdue guarantees.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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