Chinese domestic liner shipping group Antong Holdings announced on 19 December 2020 that it has completed its year-long restructuring process.
Alluding to its two main subsidiaries, Quanzhou Ansheng Shipping and Quanzhou Antong Logistics, Antong said, “After the company began restructuring, we have resolved the debt crisis of our two core subsidiaries through debt settlement, capital investment, and financial assistance. These have greatly improved the subsidiaries’ balance sheets.”
Antong said...
https://container-news.com/antong-completes-year-long-reorganisation/