Joyvio Food subsidiary secures ¥30m trade financing guarantee

Joyvio Food announced that its subsidiary, Qingdao Guoxing Food Co., Ltd., has secured trade financing from Qingdao Rural Commercial Bank, Chengyang Branch. The financing is guaranteed by Joyvio Group Co., Ltd., and Qingdao Fuhua and Zhongmao Trading Co., Ltd., with a maximum guarantee amount of ¥30 million. This guarantee falls within the scope of the ¥7.6bn total guarantee limit approved by the company's 2024 annual shareholders' meeting for the 2025 financial year.

The guarantee period for the principal debt is from June 20, 2025, to June 19, 2026, with the guarantee liability being joint and several. The guarantee covers the principal, interest, penalties, and other related expenses. As of the announcement date, the company's cumulative provided guarantee amount totals ¥30 million, representing 6.78% of its latest audited net assets.

Qingdao Guoxing, established on September 14, 2000, specializes in food production, sales, and import/export, with Joyvio Food holding a 55% stake. As of June 30, 2025, Qingdao Guoxing reported total assets of ¥62,076.41 and net assets of ¥42,739.39.