Core Viewpoint - Xinjiang Western Animal Husbandry Co., Ltd. plans to provide a guarantee of 30 million yuan to its wholly-owned subsidiary, Quan Sheng Animal Husbandry, as part of its financial strategy [1] Group 1: Guarantee Details - The company signed a guarantee contract with Huaxia Bank Urumqi Branch to provide a joint liability guarantee for a 9.7 million yuan working capital loan for Quan Sheng Animal Husbandry [1] - The guarantee period is set for 24 months [1] - The total assets of Quan Sheng Animal Husbandry as of June 30, 2025, amount to 150.23 million yuan, with total liabilities of 50.35 million yuan [1] Group 2: Financial Impact - After providing the guarantee, the company's total guarantee balance for its subsidiary stands at 9.7 million yuan, which represents 2.30% of the most recent audited net assets [1] - The guarantee has undergone the necessary approval procedures and does not require further review [1] - There are no overdue external guarantees reported by the company [1]
西部牧业为子公司泉牲牧业提供970万元连带责任担保