---
title: "WESTERN ANIMAL provides a joint liability guarantee of 9.7 million yuan to its subsidiary Quan Sheng Mu Ye"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259471149.md"
description: "WESTERN ANIMAL provides a joint liability guarantee for a loan of 9.7 million yuan in working capital to its wholly-owned subsidiary Quan Sheng Mu Ye, with a guarantee period of 24 months. This guarantee has completed the relevant approval procedures and does not require further review. As of June 30, 2025, Quan Sheng Mu Ye has total assets of 150.2321 million yuan and total liabilities of 50.3463 million yuan, with the guarantee amount accounting for 2.30% of WESTERN ANIMAL's most recent audited net assets"
datetime: "2025-09-30T07:50:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259471149.md)
  - [en](https://longbridge.com/en/news/259471149.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259471149.md)
---

# WESTERN ANIMAL provides a joint liability guarantee of 9.7 million yuan to its subsidiary Quan Sheng Mu Ye

In March 2025, Xinjiang Western Animal Industry Co., Ltd. approved a plan to provide a guarantee of 30 million yuan to its wholly-owned subsidiary Quan Sheng Animal Husbandry. Recently, the company signed a guarantee contract with Huaxia Bank Urumqi Branch to provide a joint liability guarantee for Quan Sheng Animal Husbandry's 9.7 million yuan working capital loan, with a guarantee period of 24 months. Quan Sheng Animal Husbandry was established in 2004, and Western Animal holds 100% of its shares. As of June 30, 2025, Quan Sheng Animal Husbandry had total assets of 150.2321 million yuan and total liabilities of 50.3463 million yuan. This guarantee has completed the relevant approval procedures and does not need to be submitted for review again. After providing the guarantee, the company's guarantee balance for its subsidiary is 9.7 million yuan, accounting for 2.30% of the most recent audited net assets, with no overdue external guarantees or other issues

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