Yili Group: Provide a joint and several liability guarantee of RMB 401 million for its subsidiary.

date
17/11/2025
Yili Group announced that on November 14, 2025, the company signed a maximum guarantee contract with Ping An Bank to provide joint and several guarantee for the credit and loan business of its wholly-owned subsidiary Westland at the bank, the maximum principal balance of the guaranteed debt is 100 million New Zealand dollars. The company had previously approved to provide guarantees for up to 1.8 billion yuan or equivalent in other currencies, and this time no further approval is required within this scope. As of November 14, the company and its holding subsidiaries had an external guarantee balance of 8.97 billion yuan, accounting for 16.87% of the latest audited net assets, and the overdue amount of the subsidiary guarantee company was 0.32 billion yuan.