Bright Food Group: Intends to provide 102 million yuan in financial assistance to its subsidiary according to its shareholding ratio.

date
17/11/2025
Guangming Meat Industry announced that in order to meet the funding needs of its subsidiary Guangming Agriculture and Animal Husbandry, it plans to provide 200 million yuan in financial assistance to the company in collaboration with Yimin Food Group. The company will provide 102 million yuan based on its shareholding ratio, with a one-year term and an interest rate of 2.20%. This transaction constitutes a related party transaction and still requires approval from the shareholders' meeting, but does not constitute a major asset restructuring. As of September 30, 2025, Guangming Agriculture and Animal Husbandry has assets of 2.619 billion yuan and liabilities of 3.113 billion yuan, with revenue of 1.196 billion yuan and a net profit of -487 million yuan from January to September. After this funding, the company's remaining balance of funding is 102 million yuan, accounting for 4.13% of the most recent audited net assets, with no overdue unrecovered amounts.