HTSC (06886) announced that its wholly-owned overseas subsidiary, Huatai International Financial Holdings Limited (Huatai International), has provided a guarantee for medium-term notes issued by its affiliate, Huatai International Finance Limited (Huatai International Finance).
On October 27, 2020, Huatai International Finance established an offshore medium-term note (MTN) program with a maximum aggregate principal amount of $3 billion (or equivalent in other currencies). This MTN program is guaranteed by Huatai International (referred to as "the Guarantee").
On December 12, 2025, Huatai International Finance issued two tranches of medium-term notes under this program, with issuance amounts of $25 million and $30 million, respectively. Based on the USD/CNY exchange rate as of November 28, 2025 (1 USD = 7.0789 CNY), the total guaranteed amount amounts to approximately RMB 389 million.
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