Shengnong Development: Intends to provide a guarantee of up to 15 million yuan for raw material procurement funds for a wholly-owned subsidiary.

Shengnong Development announced that the 18th meeting of the 7th Board of Directors of the company agreed to provide a guarantee of not more than 15 million yuan for the purchase and sale contracts of feed raw materials and other products signed by its wholly-owned subsidiary Sun Valley Food and Bangji Management Limited and its related companies before December 31, 2026, the amount can be used repeatedly within the limit. Sun Valley Food had a revenue of 1.695 billion yuan in 2024, a net profit of -1.0443 million yuan, and a revenue of 1.307 billion yuan and a net profit of 18.9559 million yuan from January to September 2025. As of the disclosure date of the announcement, the total amount of external guarantees provided by the company and its controlling subsidiaries is 33 million yuan, accounting for 0.32% of the audited net assets attributable to equity holders in 2024, without any overdue or litigation-related guarantees.