Baiyang Co., Ltd. announced that its total guarantee amount for subsidiaries in 2025 will not exceed 544 million yuan. In order to meet the subsidiary's business needs, the company transferred the unused guarantee amount of 10 million yuan from Guangxi Baijia to Hainan Fisheries. After the transfer, the guarantee amount for Guangxi Baijia was reduced to 65 million yuan, and increased to 20 million yuan for Hainan Fisheries. Recently, Hainan Fisheries applied for a working capital loan of 10 million yuan from the Haidian branch of the Bank of Hainan, and the company provided them with a joint liability guarantee. After the guarantee, the company's actual guarantee balance for Hainan aquatic products reached 20 million yuan, and there was no remaining guarantee amount left. As of the disclosure date of the announcement, the total actual external guarantee balance of the company and its holding subsidiaries was 621 million yuan, accounting for 46.67% of the latest audited net assets.

Baiyang Co., Ltd. announced that its total guarantee amount for subsidiaries in 2025 will not exceed 544 million yuan. In order to meet the subsidiary's business needs, the company transferred the unused guarantee amount of 10 million yuan from Guangxi Baijia to Hainan Fisheries. After the transfer, the guarantee amount for Guangxi Baijia was reduced to 65 million yuan, and increased to 20 million yuan for Hainan Fisheries. Recently, Hainan Fisheries applied for a working capital loan of 10 million yuan from the Haidian branch of the Bank of Hainan, and the company provided them with a joint liability guarantee. After the guarantee, the company's actual guarantee balance for Hainan aquatic products reached 20 million yuan, and there was no remaining guarantee amount left. As of the disclosure date of the announcement, the total actual external guarantee balance of the company and its holding subsidiaries was 621 million yuan, accounting for 46.67% of the latest audited net assets.