Joyvio Foods releases guarantee liability through asset transfer

Joyvio Foods (SZSE:300268) announced the release of guarantee liabilities pertaining to loans and working capital provisions for its overseas subsidiaries Australis Mar S.A. (AMSA) and Food Investment SpA. The release of these guarantees follows the company's decision to transfer its 100% stake in Beijing Joyvio Zhencheng Technology, a guarantor, to Joyvio Fresh (Beijing) Enterprise Management, a wholly-owned subsidiary of Joyvio Group.