Core Viewpoint - The company, Wen's Food Group (300498.SZ), announced plans to provide guarantees for raw material procurement payments not exceeding 11.14 billion yuan for 118 wholly-owned subsidiaries and 47 holding subsidiaries, due to other shareholders not providing corresponding guarantees [1] Group 1: Guarantee Details - The guarantees will be provided for a total amount of up to 11.14 billion yuan [1] - The guarantees involve holding subsidiaries where other shareholders have not provided guarantees in proportion to their shareholdings and have not provided counter-guarantees [1] - Some of the guarantee objects have an asset-liability ratio exceeding 70%, which requires submission for shareholder meeting approval [1] Group 2: Credit Facilities - A total of 406 feed raw material suppliers, including Xiamen Xiangyu Logistics Group Co., Ltd., have granted a credit facility of up to 11.14 billion yuan for the raw material purchase contracts signed with the company's wholly-owned and holding subsidiaries [1] - The credit facility is available for rolling use [1]
温氏股份:为全资及控股子公司提供不超111.4亿元原料采购货款担保