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Jiangsu Lihua to guarantee RMB 360m for cooperative farmers

December 12, 2025 at 09:50 AM UTCBy FilingReader AI

Jiangsu Lihua Animal Husbandry announced its board of directors approved a guarantee of up to RMB 360 million for cooperative breeding farmers. This decision, made during a December 12, 2025, board meeting, aims to facilitate bank and financial institution financing for farmers to build chicken coops and related infrastructure, fostering long-term partnerships. The guarantee quota is valid from January 1, 2026, to December 31, 2026. This move aligns with the company's "sincere cooperation, common prosperity" spirit.

The total guarantee amount for cooperative farmers represents 3.97% of the company's most recent audited net assets. Following this, the total guarantee amount for Jiangsu Lihua Animal Husbandry and its holding subsidiaries will be RMB 1.66 billion. As of December 5, 2025, the total outstanding guarantee balance for the company and its holding subsidiaries stood at RMB 330.76 million, which is 3.65% of the most recent audited net assets. The company noted no overdue guarantees, guarantees involved in litigation, or liabilities from unfavorable judgments on guarantees. The board also approved a guarantee of up to RMB 1 billion for raw material procurement for 28 holding subsidiaries and a RMB 300 million quota for hedging operations in 2026.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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