Wellhope(SH:603609) Zheng Quan Zhi Xing·2025-07-09 08:09Summary of Key Points Core Viewpoint - The company has provided guarantees for its subsidiaries to secure financing, with the total guarantee amounting to 217,346.28 million yuan as of June 30, 2025, which represents 32.46% of the company's audited net assets as of December 31, 2024 [4]. Group 1: Guarantee Details - The company has provided a guarantee of 20,000 million yuan to Liaoning Aipute Trading Co., Ltd., with an actual guarantee balance of 25,514.79 million yuan [1][3]. - A guarantee of 1,000 million yuan has been provided to Baicheng Hefeng Animal Husbandry Co., Ltd., with an actual guarantee balance of 1,770.00 million yuan [1][3]. - The company has also guaranteed 19,600 million yuan for Taian Jiuguhe Agricultural Development Co., Ltd., with an actual guarantee balance of 12,200.00 million yuan [1][3]. Group 2: Approval and Decision-Making Process - The guarantees were approved during the company's board meeting on March 14, 2025, and the second extraordinary general meeting of shareholders on March 31, 2025 [3][4]. - The approved guarantee limit is set to not exceed the total amount of 217,346.28 million yuan for the financing of subsidiaries [4]. Group 3: Financial Health and Risk Management - The company has confirmed that all guaranteed entities are subsidiaries and have good credit status, ensuring that the risks associated with these guarantees are manageable [4]. - There are no overdue guarantees reported, indicating a stable financial position regarding these commitments [4].