Core Points - The company has provided a guarantee of RMB 923.67 million for its wholly-owned subsidiary, Guangxi Chongzuo Shennong Animal Husbandry Co., Ltd., for a fixed asset loan from CITIC Bank Kunming Technology Branch [1][4] - As of July 31, 2025, the total guarantee balance provided by the company for its subsidiaries is RMB 13,790.84 million [1] - The company has approved a total guarantee limit of RMB 251 million for the year 2025, which includes various categories such as bank loans, raw material purchases, and performance guarantees [2] Guarantee Overview - The guarantee provided by the company is aimed at meeting the operational needs of its subsidiaries and aligns with the company's overall interests and development strategy [6][7] - The company has established strict screening standards and risk prevention measures for the guarantees provided, ensuring that the risks are controllable [6] Financial Details - As of July 31, 2025, the total external guarantee balance of the company and its subsidiaries is RMB 68,436.26 million, which accounts for 14.16% of the company's latest audited net assets [7] - The guarantees provided to subsidiaries amount to RMB 68,399.54 million, representing 14.15% of the latest audited net assets [7] Approval Process - The guarantee plan was approved during the board meeting on April 25, 2025, and subsequently ratified at the annual shareholders' meeting on May 20, 2025 [2][6] Risk Management - The company has implemented measures to mitigate risks associated with the guarantees, including setting up counter-guarantees and ensuring that the guaranteed entities have strong creditworthiness [6][7]
云南神农农业产业集团股份有限公司 2025年7月对外担保情况的公告
Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-16 06:02