Wellhope(SH:603609) Shang Hai Zheng Quan Bao·2026-01-07 18:48Core Viewpoint - The company, Hefeng Food Co., Ltd., has announced its provision of guarantees for its subsidiaries' financing and raw material procurement as of December 31, 2025, which is within the approved limits by the board and shareholders [1][3][6]. Group 1: Guarantee Details - The company provided guarantees for its subsidiaries' financing, with specific amounts detailed in millions of RMB [3]. - The total maximum guarantee amount for raw material procurement is 26,500 million RMB, specifically for subsidiaries like Dalian Heyuan Animal Husbandry Co., Ltd. [3]. - As of December 31, 2025, the actual guarantee balances for various subsidiaries are 4,131.98 million RMB, 1,000.00 million RMB, and 49,248.82 million RMB for different entities [3][8]. Group 2: Approval Process - The company held multiple board meetings and shareholder meetings throughout 2025 to approve the guarantee limits and the specific subsidiaries involved [4][7]. - The total guarantee amount approved is up to 560,000 million RMB, with specific allocations for financing and procurement [4]. Group 3: Financial Overview - As of December 31, 2025, the total external guarantee balance is 214,838.24 million RMB, which is 32.09% of the company's audited net assets as of December 31, 2024 [8]. - The breakdown of guarantees includes 151,514.51 million RMB for controlling subsidiaries and 45,417.36 million RMB for other subsidiaries [8].