安泰集团涉诉纠纷调解结案:债务总额从21.37亿元减至9.71亿元

Core Viewpoint - Antai Group has successfully resolved a debt lawsuit involving its affiliate, Shanxi Xintai Steel, reducing the original debt from 2.137 billion yuan to 971 million yuan, with an extended repayment period of 8 years [2][3] Group 1: Debt Resolution - The debt total was reduced by over 54%, from 2.137 billion yuan to 971 million yuan [3] - The repayment grace period has been extended from June 27, 2025, to June 10, 2033, lasting 8 years [3] - Antai Group will continue to bear joint guarantee responsibility up to a maximum limit of 400 million yuan for the principal debt and related interests [3] Group 2: Financial Impact - As of October 31, 2024, the principal debt balance was 1.617 billion yuan, with interest amounting to approximately 520 million yuan, totaling 2.137 billion yuan [2] - Antai Group has faced continuous financial pressure, reporting net losses of 297 million yuan, 678 million yuan, and 335 million yuan from 2022 to 2024 [4] - In 2025, the company reported a revenue of 3.784 billion yuan, a year-on-year decrease of 26.55%, with a net loss of 156 million yuan, an improvement from the previous year's loss of 301 million yuan [4] Group 3: Strategic Changes - To address financial difficulties, Antai Group initiated a major strategic transformation in 2024, shifting from self-production of coke to processing services to stabilize income and mitigate risks from price fluctuations [4] - The company has historically focused on coke and section steel as its main business since its listing in 2003 [3]

ANTAI GROUP-安泰集团涉诉纠纷调解结案:债务总额从21.37亿元减至9.71亿元 - Reportify