Guangdong Yuehai Feeds details guarantees for raw material procurement

Guangdong Yuehai Feeds Group Co., Ltd. announced that as of the disclosure date, the company and its subsidiaries have outstanding guarantee balances totaling RMB 105,127.10 million, representing 40.80% of the net assets attributable to shareholders of the parent company in the latest audited period. Guarantees for consolidated subsidiaries amount to RMB 97,499.26 million, or 37.84% of the parent company's net assets.

The company further reported that financing guarantees for customers purchasing its feed products total RMB 7,627.84 million, accounting for 2.96% of the parent company's latest audited net assets. There are no overdue or litigious guarantees.

These guarantees stem from resolutions passed at the company's Fourth Board of Directors' Second Meeting and Fourth Supervisory Board's Second Meeting, as well as the 2025 First Extraordinary General Meeting held on July 7 and July 25, 2025, respectively. The total guarantee amount is capped at RMB 18,300 million, with specific amounts and terms governed by final contracts.