陈克明食品股份有限公司关于公司及子公司之间互相提供担保的进展公告

Core Viewpoint - The announcement details the mutual guarantees provided between Chen Ke Ming Food Co., Ltd. and its subsidiaries, highlighting the total guarantee balance and its implications on the company's financial health [2][5]. Group 1: Guarantee Balance and Ratios - As of July 31, 2025, the total mutual guarantee balance between the company and its subsidiaries is 138,695.75 million RMB, which represents 56.92% of the company's most recent audited net assets [2][5]. - The guarantees provided to subsidiaries with a debt-to-asset ratio above 70% amount to 23,801.99 million RMB, while those for subsidiaries with a debt-to-asset ratio below 70% total 114,893.76 million RMB [2]. Group 2: Approval and Limits of Guarantees - The company’s board and supervisory board approved a total guarantee limit of up to 3.2 billion RMB for the year 2025, which includes guarantees for subsidiaries and mutual guarantees among subsidiaries [3]. - The specific limits set are 480 million RMB for subsidiaries with a debt-to-asset ratio above 70% and 2.72 billion RMB for those below 70% [3]. Group 3: Recent Guarantee Activity - On July 28, 2025, the company provided a joint liability guarantee of 10 million RMB for Huixian Xingjiang Muge Breeding Co., Ltd. in a loan agreement with Lanzhou Bank [4]. - There have been no overdue guarantees or guarantees involving litigation or losses incurred due to guarantees as of the announcement date [6][7].