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Shandong Longda Food Co., Ltd. Announcement on the Progress of Providing Guarantees for Subsidiaries
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Stock Code: 002726 Stock Abbreviation: Longda Gourmet (Rights Protection) Announcement No.: 2026-021 Bond Code: 128119 Bond Abbreviation: Longda Convertible Bond
Shandong Longda Gourmet Co., Ltd.
Progress Announcement on Providing Guarantees for Subsidiaries
Our company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.
On May 19, 2025, Shandong Longda Gourmet Co., Ltd. (hereinafter referred to as “the Company”) held the 2024 Annual Shareholders’ Meeting, during which it approved the proposal on the estimated external guarantee limit for 2025. The Company agreed to provide guarantees for the financing of subsidiaries within the consolidated scope in 2025 (including guarantees from subsidiaries to the parent company and between subsidiaries), with a total guarantee limit of 6 billion yuan; of which, 4 billion yuan for subsidiaries with a debt-to-asset ratio of 70% or higher (including 70%), and 2 billion yuan for subsidiaries with a debt-to-asset ratio below 70%. The guarantee period is from the date of approval by the shareholders’ meeting until the date of the 2025 annual shareholders’ meeting. For details, see the announcement titled “Shandong Longda Gourmet Co., Ltd. on the Estimated External Guarantee Limit for 2025” published on April 26, 2025, in China Securities Journal, Securities Times, Securities Daily, Shanghai Securities News, and on CNINFO (www.cninfo.com.cn) (Announcement No.: 2025-020).
Recently, the company’s subsidiary Henan Longda Longmu Meat Food Co., Ltd. (formerly Henan Longda Muyuan Meat Food Co., Ltd.) signed a RMB working capital loan limit contract with Nanyang Branch of Zhongyuan Bank Co., Ltd., which provides financing services for Henan Longda Longmu Meat Food Co., Ltd. The company and Nanyang Branch of Zhongyuan Bank signed a “Maximum Guarantee Contract” to provide joint liability guarantees for the above financing, with a guarantee limit of 70 million yuan.
The above guarantee amount is within the authorized limit approved at the company’s 2024 annual shareholders’ meeting and does not require separate approval by the board of directors or shareholders’ meeting.
Basic Information of the Guarantor
Name: Henan Longda Longmu Meat Food Co., Ltd.
Type: Other Limited Liability Company
Address: Northwest corner of the intersection of National Highway 312 and Mohe, Qianwan Village, Ganzhang Town, Neixiang County
Legal Representative: Zhou Yulin
Registered Capital: 150 million yuan
Establishment Date: May 27, 2008
Business Term: Long-term
Business Scope: Permitted items: pig slaughter; food production; food operation (sales of pre-packaged foods); food operation (sales of bulk foods); road freight transportation (excluding dangerous goods); import and export of goods (projects requiring approval according to law can only be operated after approval by relevant departments, with specific business items subject to approval documents or permits). General items: livestock and poultry procurement; cold storage (excluding dangerous chemicals requiring approval); production, sales, processing, transportation, storage, and related services of agricultural products; grain and oil storage services; general cargo storage services (excluding dangerous chemicals requiring approval); (excluding projects requiring approval according to law, operating independently with business license).
Main financial indicators for the most recent year are as follows:
Unit: RMB ten thousand
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Main Content of Guarantee Agreement
Guarantor: Henan Longda Longmu Meat Food Co., Ltd.
Guarantor: Shandong Longda Gourmet Co., Ltd.
Creditor: Nanyang Branch of Zhongyuan Bank Co., Ltd.
Guarantee Method: Joint liability guarantee
Guarantee Period: Three years from the expiration of the debt performance period under the main contract, i.e., three years from the expiration of the debt performance period as agreed in the specific business contract.
Scope of Guarantee: Includes principal, interest, penalty interest, compound interest, liquidated damages, damages, late payment interest as determined by legal documents, costs incurred by Party B to realize the creditor’s rights (including litigation, arbitration, lawyer fees), and all other payable expenses of the debtor under the main contract.
Total Guarantees and Overdue Guarantees
As of the disclosure date of this announcement, the total guarantees provided by the company for subsidiaries within the consolidated scope (including guarantees from subsidiaries to the parent company) amount to 1.397 billion yuan, accounting for 97.61% of the net assets attributable to the parent company as of December 31, 2024 (audited and corrected). The company and its controlling subsidiaries have no overdue external guarantees.
Supporting Documents
Maximum Guarantee Contract.
This announcement is hereby made.
Shandong Longda Gourmet Co., Ltd.
Board of Directors
March 12, 2026