Core Points - The controlling shareholder of the company, Shen Zeruitai, holds 15,138.05 million shares, accounting for 24.87% of the total share capital [1] - Recently, Shen Zeruitai pledged 68,121.2 million shares of unrestricted circulating shares to Industrial Bank Shanghai Changning Branch, with the pledge starting on November 21, 2025, and lasting until the pledge registration is lifted [1] - The pledged shares represent 45% of Shen Zeruitai's holdings and 11.19% of the company's total share capital, with the financing from the pledge being used for acquisition loans [1] - Prior to this pledge, Shen Zeruitai had no cumulative pledged shares, and the pledged shares are not used for other guarantee purposes [1]

Core Viewpoint - Honghui Fruits and Vegetables announced a cash dividend distribution plan for the first half of 2025, with a dividend of 0.005 yuan per share (tax included) [2] Summary by Relevant Sections - **Dividend Details** - The cash dividend of 0.005 yuan per share is set to be distributed to A-share holders [2] - The record date for the dividend is November 24, 2025, and the ex-dividend date is November 25, 2025 [2]

Core Viewpoint - Honghui Fruits and Vegetables (603336) announced that it does not provide guarantees for entities outside its subsidiaries, and there are no overdue guarantees or guarantees provided for shareholders, actual controllers, or their related parties [1] Summary by Categories - **Company Guarantees** - The company confirmed that it does not provide guarantees for any entities outside its subsidiaries [1] - There are no overdue guarantees associated with the company or its subsidiaries [1] - The company has not provided guarantees for shareholders, actual controllers, or their related parties [1]

Core Viewpoint - Honghui Fruits and Vegetables (603336.SH) reported a decline in both revenue and net profit for Q3 2025, indicating potential challenges in the company's financial performance [1] Financial Performance - The company's operating revenue for Q3 2025 was 234 million yuan, representing a year-on-year decrease of 19.70% [1] - The net profit attributable to shareholders of the listed company was 3.8553 million yuan, down 43.86% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 4.5814 million yuan, reflecting a year-on-year decline of 31.93% [1]

Core Points - The company has signed a maximum guarantee contract with China Bank Shantou Branch, providing a joint liability guarantee for its wholly-owned subsidiary, with a maximum principal amount of RMB 60 million [1][4] - The company plans to provide a total guarantee amount of RMB 1.5 billion for the fiscal year 2025, effective from the approval date of the 2024 annual shareholders' meeting until the next shareholders' meeting [1][6] - The total amount of guarantees provided by the company to its wholly-owned subsidiary does not exceed RMB 60 million, which is within the approved limit [2][7] Guarantee Details - The guarantor is Honghui Fruit and Vegetable Co., Ltd., the creditor is China Bank Shantou Branch, and the debtor is Guangdong Honghui Management Co., Ltd. [4] - The guarantee covers all repayment obligations of the debtor, including principal, interest, penalties, and other related costs [5] - There is no counter-guarantee provided for this guarantee [6] Necessity and Reasonableness of Guarantee - The guarantee is deemed necessary for the smooth operation and development of the subsidiary's business, aligning with the company's overall interests and development strategy [6] - The company can effectively supervise and manage the subsidiary, ensuring that the guarantee risks are within a controllable range [6] - The board of directors believes that the guarantee will not adversely affect the company or its subsidiaries and complies with relevant laws and regulations [6][7]

Group 1 - The company Honghui Fruits and Vegetables announced the completion of the legal representative's business registration change [2] - The company has obtained a new business license issued by the Shantou Market Supervision Administration [2]

Core Viewpoint - Honghui Fruits and Vegetables announced the redemption and delisting of "Honghui Convertible Bonds," with the redemption registration date set for September 18, 2025, and a redemption price of 101.6849 CNY per bond [1] Group 1 - The last trading day for "Honghui Convertible Bonds" is September 15, and the last conversion day is September 18, after which the bonds will be delisted from the Shanghai Stock Exchange on September 19 [1] - The redemption was triggered due to the company's stock meeting specific conditional redemption clauses during a certain period [1] - Investors holding the convertible bonds will face forced redemption unless they trade or convert their bonds within the specified timeframe, which may lead to significant losses [1]

Core Points - The company announces the redemption and delisting of "Honghui Convertible Bonds" [1] - The last trading day for "Honghui Convertible Bonds" is September 15, 2025 [2][16] - The last conversion day for the bonds is September 18, 2025 [3][16] - The bonds will be redeemed at a price of 101.6849 CNY per bond, which includes accrued interest [4][10] - The redemption will take effect on September 19, 2025, when the bonds will be delisted from the Shanghai Stock Exchange [4][17] Redemption Conditions - The redemption conditions have been met as the company's stock price was above 130% of the conversion price for 15 trading days [5][8] - The conversion price is set at 5.85 CNY per share, and the stock price must be at least 7.61 CNY per share to trigger the redemption [5][8] Redemption Process - The redemption registration date is September 18, 2025, and the redemption payment date is September 19, 2025 [6][15] - Investors must hold the bonds in their accounts at the registration date to receive the redemption payment [9][15] - The accrued interest is calculated based on the bond's face value, interest rate, and the number of days from the last interest payment [11][12] Tax Implications - Individual investors are subject to a 20% tax on the interest income from the bonds, resulting in a net redemption amount of 101.3479 CNY per bond after tax [12][13] Important Dates - Last trading day: September 15, 2025 [2][16] - Last conversion day: September 18, 2025 [3][16] - Redemption registration date: September 18, 2025 [6] - Redemption payment date: September 19, 2025 [6][15]

Group 1 - The financial advisor, Guojin Securities, has been appointed by Shenzhe Ruitai to oversee the equity change of Honghui Fruits and Vegetables Co., Ltd. and will perform continuous supervision for 12 months after the completion of the equity change [1][2] - Shenzhe Ruitai plans to acquire 151,380,521 shares of Honghui Fruits and Vegetables at a price of 5.68 yuan per share, which represents 26.54% of the total share capital [4][5] - Following the completion of the share transfer, Huang Junhui will permanently waive voting rights for 68,446,355 shares (12% of total share capital) to ensure that his voting rights do not exceed 8% [4][5] Group 2 - The share transfer has been completed, with the share registration date set for July 24, 2025, and the voting rights waiver effective from August 22, 2025 [4][5] - After the equity change, Shenzhe Ruitai will become the controlling shareholder of Honghui Fruits and Vegetables, with Ye Tao, Liu Yang, and Suzhou Asset Management Group as the actual controllers [4][5] - During the continuous supervision period, both Shenzhe Ruitai and Honghui Fruits and Vegetables have complied with legal and regulatory requirements, maintaining a good corporate governance structure [5][6] Group 3 - There are no plans for significant adjustments to the main business of Honghui Fruits and Vegetables in the next 12 months, nor any plans for asset sales, mergers, or acquisitions [11][12] - The board of directors and senior management of Honghui Fruits and Vegetables have not undergone any adjustments during the continuous supervision period [12][13] - No changes to the company's articles of association or significant adjustments to employee hiring or dividend policies are planned in the near future [12][13][14]

Core Viewpoint - Honghui Fruits and Vegetables Co., Ltd. has decided to exercise its early redemption rights for the "Honghui Convertible Bonds" due to the stock price meeting the necessary conditions for conditional redemption [2][3]. Group 1: Early Redemption of "Honghui Convertible Bonds" - The company held its 22nd meeting of the fifth board of directors on August 27, 2025, and approved the proposal for early redemption of the "Honghui Convertible Bonds" [2][3]. - The redemption will occur at the bond's face value plus accrued interest for all registered "Honghui Convertible Bonds" on the redemption registration date [2][3]. - The stock price has been at or above 130% of the conversion price (7.61 CNY/share) for 15 trading days, triggering the conditional redemption clause [3]. Group 2: Investor Options and Risks - Investors can either continue trading the "Honghui Convertible Bonds" in the secondary market or convert them at a price of 5.85 CNY/share within the specified timeframe [2][4]. - If investors do not convert or sell in time, they may face significant investment losses due to forced redemption at 100 CNY per bond plus accrued interest [2][4]. - It is advised that investors with pledged or frozen bonds should resolve these issues in advance to avoid forced redemption scenarios [4].