Xinjiang Talimu updates guarantee for related party

Xinjiang Talimu Agriculture Development (SSE:600359) announced that the outstanding guarantee provided to its related party, Nanjiang Energy (formerly known as Xinjiang Production and Construction Corps First Division Power Co., Ltd.) now stands at CNY 9,712.43. This follows Nanjiang Energy's repayment of CNY 334.69 on its loan. The company had previously approved a guarantee limit of CNY 150 million for Nanjiang Energy via a board resolution in 2018, along with counter-guarantee arrangements. Nanjiang Energy’s financial standing as of March 31, 2025, reported assets of CNY 740,380.18, liabilities of CNY 659,049.36, and net assets of CNY 81,330.82. The company clarifies there are no significant contingent liabilities affecting Nanjiang Energy's solvency. Total external guarantees by Xinjiang Talimu, including its subsidiaries, are now at CNY 12,674.59.