Yuehai Feeds Group(SZ:001313) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-16 02:14Core Viewpoint - Guangdong Yuehai Feed Group Co., Ltd. held its sixth meeting of the fourth board of directors on September 15, 2025, where several key resolutions were passed, including the proposal to engage in accounts receivable factoring and to provide guarantees for a joint venture [5][7][32]. Group 1: Board Meeting Details - The meeting was notified via email on September 12, 2025, and was held at the company's conference room with all seven directors present [2][3]. - The meeting was chaired by Chairman Zheng Shixuan, with all resolutions deemed legal and effective [4][3]. Group 2: Resolutions Passed - The board approved the proposal to conduct accounts receivable factoring with a total amount not exceeding 100 million RMB, aimed at optimizing cash flow and reducing accounts receivable [5][23][29]. - The board also approved a proposal for the wholly-owned subsidiary to provide a guarantee for the joint venture Hunan Xuanjiu Jiantianxia Ecological Agriculture Co., Ltd., with a guarantee amount of 12.44 million RMB [7][32]. Group 3: Upcoming Shareholder Meeting - A temporary shareholder meeting is scheduled for October 9, 2025, to review the resolutions passed by the board [12][39]. - The meeting will be held at the company's headquarters, and both onsite and online voting options will be available for shareholders [41][42].