Haitong (06837) provides joint and several guarantees for debt financing for its overseas wholly-owned subsidiary.

Haitong (06837) announced that on December 25, 2024, the company signed a "Guarantee Agreement" with BANKCOMM Singapore Branch, providing joint and several liability guarantee for a $400 million bank loan for its overseas wholly-owned subsidiary HAITONG INT'L Holdings Limited (hereinafter referred to as the guarantor). The loan has a term of not more than 3 years from the date of withdrawal. This loan will be used to replace $670 million of maturing bonds guaranteed by the company, reducing the company's guarantee balance for the guarantor and its subsidiaries by $270 million after the replacement.