Core Viewpoint - Antai Group has signed two maximum guarantee contracts with Minsheng Bank Taiyuan Branch, providing a guarantee of up to 400 million yuan for its affiliate, Shanxi Xintai Steel Co., Ltd, which is currently in debt restructuring [1][2] Group 1: Guarantee Contracts - Antai Group has entered into guarantee contracts to support Shanxi Xintai Steel's debt obligations, with a maximum guarantee amount of 400 million yuan [1] - The original creditor, Minsheng Bank, initiated legal proceedings to recover debts from Shanxi Xintai Steel, which led to the transfer of the debt to Wuhu Xinjing Investment Partnership [1][2] - Wuhu Xinjing has agreed to a repayment plan with Shanxi Xintai Steel, allowing for a grace period for debt repayment while maintaining the original guarantee obligations [2] Group 2: Corporate Governance - The guarantee matter has been approved by the independent directors of Antai Group and will be submitted for review at the upcoming board meeting [2] - The board has requested authorization from the shareholders' meeting for the chairman and management to handle specific matters related to the guarantee [2] Group 3: Financial Overview - As of the announcement date, Antai Group has provided guarantees totaling approximately 324 million yuan, which represents 21.39% of the company's audited net assets as of the end of 2024 [2] - For the first half of 2025, Antai Group's revenue composition is as follows: 73.03% from section steel, 18.65% from coke processing and chemical products, 2.92% from power processing, 2.05% from scrap steel, and 1.68% from other sources [3] Group 4: Market Capitalization - Antai Group's market capitalization is reported to be 4.7 billion yuan [4]