Seed Group extends guarantee for subsidiary, reports Q3 earnings

Zhongnongfa Seed Industry Group (SSE:600313) announced on October 30, 2025, it will continue to provide a guarantee for its controlled subsidiary, Shandong Zhongnong Tiantai Seed Industry Co., Ltd. The CNY 33 million guarantee for a one-year bank loan extends an existing CNY 30 million guarantee. This decision was unanimously approved by the Board of Directors on October 29, 2025, to support the subsidiary's operational funding. A minority shareholder has pledged its 44.34% stake in the subsidiary as a counter-guarantee.

The company also released its Q3 2025 earnings report, showing an 11.95% increase in net profit attributed to shareholders of the listed company, to CNY 61,981,896.58 year-to-date. The profit attributable to shareholders after deducting non-recurring gains and losses increased by 97.96% year-to-date to CNY 23,251,894.39, driven by increased revenue and profits from its fertilizer business. Total assets stood at CNY 5,088,720,538.89 at the end of the third quarter.

An investor briefing to discuss the Q3 2025 results, financial status, and general business operations will be held virtually on November 27, 2025, from 10:00 to 11:00 AM (Beijing time) via the Shanghai Stock Exchange Roadshow Center. Investors can submit questions in advance until November 26, 2025.