Guanghui Logistics unveils 2026 financial plans, including significant guarantees

Guanghui Logistics Co., Ltd. announced its estimated routine connected transactions for 2026, totaling RMB 227,960.00m, an increase from 2025's RMB 147,984.27m, primarily driven by energy logistics. The transactions, involving various related parties, are for normal business operations and are expected to occur at market-fair prices.

Concurrently, the company plans to seek up to RMB 584,900m in financing for 2026 from banks and non-bank financial institutions to meet production and project investment needs. This financing may utilize assets of the company and its subsidiaries as collateral or involve inter-company guarantees.

Furthermore, Guanghui Logistics will provide new guarantees totaling up to RMB 584,900m for its subsidiaries in 2026, with RMB 570,800m designated for subsidiaries with a debt-to-asset ratio below 70% and RMB 14,100m for those at or above 70%. The current external guarantee balance stands at RMB 265,136.94m, representing 38.01% of the parent company's audited net assets. Some entities, like Gansu Huixin Logistics and Xinjiang Electromechanical Equipment, have debt-to-asset ratios exceeding 70%, posing a special risk.