禾丰股份：公司及控股子公司对外担保余额约为23.44亿元

Group 1 - The company He Feng Co., Ltd. announced that as of September 30, 2025, the total external guarantees provided by the company and its subsidiaries amount to approximately 2.344 billion yuan, which represents 35.02% of the audited net assets as of December 31, 2024 [1] - The breakdown of guarantees includes approximately 1.633 billion yuan provided to subsidiaries, accounting for 24.39% of the audited net assets; 492 million yuan provided by subsidiaries to other subsidiaries, representing 7.34%; and 220 million yuan provided by subsidiaries to joint ventures and farmers, which is 3.28% of the audited net assets [1] - For the year 2024, the revenue composition of He Feng Co., Ltd. is as follows: grain and feed processing 38.44%, poultry industry 34.84%, raw material trading 15.36%, pig industry 10.19%, and related industries 1.02% [1] Group 2 - The current market capitalization of He Feng Co., Ltd. is 7.3 billion yuan [2]