Joyvio Food details inter-subsidiary and related-party guarantees for 2025 financing

Joyvio Food Co., Ltd. announced that its board of directors and supervisors approved measures for 2025 comprehensive credit lines, financing, and guarantees. The company will provide guarantees of up to 7.6 bn yuan for its subsidiaries and controlled subsidiaries. Additionally, Joyvio Food will accept a gratuitous guarantee of up to 1.5 bn yuan from its controlling shareholder, Joyvio Group Co., Ltd., for its 2025 credit financing. These measures are valid from April 3, 2025, until the 2025 annual shareholders' meeting.

In a specific instance, Joyvio Food’s subsidiary, Qingdao Guoxing Food Co., Ltd., sought comprehensive credit from Weifang Bank. Joyvio Group and Qingdao Fuhua and Zhong Trading Co., Ltd. provided maximum guarantee contracts of up to 63 m yuan. Qingdao Guoxing also pledged its own property, valued at 68.0842 m yuan, as collateral, with its shareholder and legal representative providing counter-guarantees to Joyvio Group. Qingdao Guoxing reported total assets of 55.07648 m yuan and net assets of 43.29374 m yuan as of September 30, 2025.

Following these arrangements, Joyvio Food's accumulated guarantee amount within the 2024 annual shareholders' meeting approved limit is 9.3 m yuan, representing 21.01% of its latest audited net assets. The unused guarantee limit is 750.7 m yuan. There are no overdue guarantees or guarantees involved in litigation.