Group 1 - The core viewpoint of the article is that 康大食品 (Kangda Food) is implementing a prudent operational strategy, leading to an increase in revenue and improvement in profit margins [1] - Revenue is projected to rise from approximately RMB 768.7 million in the first half of 2024 to about RMB 861.9 million in the first half of 2025, representing a 12.1% increase [1] - The gross profit margin is expected to improve from 2.7% in the first half of 2024 to 5.0% in the first half of 2025, primarily due to increased product prices [1] Group 2 - The loss in the first half of 2025 is expected to decrease by 93.4% compared to the first half of 2024, mainly attributed to the increase in gross profit and other income, although partially offset by higher administrative expenses [1]

Core Viewpoint - Kangda Foods (00834) reported a significant reduction in losses for the first half of 2025, with a loss attributable to owners of 1.535 million, a decrease of 92.43% year-on-year [1] Financial Performance - The company's revenue reached approximately 862 million, reflecting a year-on-year increase of 12.1% [1] - The loss per share was 0.35 cents [1] Reasons for Loss Reduction - The reduction in losses was primarily attributed to an increase in gross profit and other income, which was partially offset by an increase in administrative expenses [1]

康大食品(00834)公布2025年中期业绩，收益约8.62亿元，同比增加12.1%;公司拥有人应占亏损153.5万 元，同比收窄92.43%;每股亏损0.35分。 公告称，亏损减少主要由于毛利增加及其他收入增加所致，部分被行政开支增加所抵销。 ...

香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所 有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲 明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 CHINA KANGDA FOOD COMPANY LIMITED 中國康大食品有限公 司 （於百慕達註冊成立的有限公司） （香港股份代號（第一上市）：834） （新加坡股份代號（第二上市）：P74） 截至二零二五年六月三十日止六個月的 未經審核中期業績公告 中國康大食品有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈本公司及 其附屬公司（統稱「本集團」）截至二零二五年六月三十日止六個月的未經審核 簡明綜合中期業績連同二零二四年同期的比較數字載列如下。 簡明綜合全面收益表 截至二零二五年六月三十日止六個月 | | | 截至六月三十日止六個月 | | | --- | --- | --- | --- | | | | 二零二五年 | 二零二四年 | | | | 人民幣千元 | 人民幣千元 | | | 附註 | （未經審核） （未經審核） | | | 收益 | 6 | 861 ...

[Overview of Supplemental Announcement](index=1&type=section&id=Overview%20of%20Supplemental%20Announcement) This announcement clarifies the utilization of net proceeds from the share placement for general working capital to strengthen the group's financial position [Use of Proceeds from Share Placement](index=1&type=section&id=Use%20of%20Proceeds%20from%20Share%20Placement) This announcement clarifies the utilization of approximately HK$4.9 million net proceeds from the July 2024 share placement for general working capital to strengthen the group's financial position Share Placement Details | Metric | Details | | :--- | :--- | | **Placement Date** | July 16, 2024 | | **Number of Shares Placed** | 20,000,000 shares | | **Placement Price Per Share** | HK$0.25 | | **Net Proceeds** | Approximately HK$4.9 million | - The **net proceeds** are intended for the Group's general working capital to strengthen its financial position[2](index=2&type=chunk) - As of **December 31, 2024**, the **net proceeds** have been fully utilized according to the Company's previously disclosed purposes[2](index=2&type=chunk)

Core Viewpoint - 康大食品 (00834.HK) will hold a board meeting on August 29, 2025, to consider and approve the unaudited consolidated interim results for the six months ending June 30, 2025, and to approve the publication of the interim results announcement [1] Summary by Relevant Sections - Company Announcement - 康大食品 has scheduled a board meeting for August 29, 2025, to discuss financial results [1] - The meeting will focus on the unaudited consolidated interim results for the six months ending June 30, 2025 [1] - Approval for the publication of the interim results announcement will also be on the agenda [1]

CHINA KANGDA FOOD COMPANY LIMITED 中國康大食品有限公 司 香港交易及結算所有限公司、香港聯合交易所有限公司以及新加坡證券交易 所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲 明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 承董事會命 中國康大食品有限公司 執行董事 郎穎 香港及新加坡，二零二五年八月十九日 於本公告日期，本公司執行董事為郎穎女士、高岩緒先生及安豐軍先生；以及 本公司獨立非執行董事為華石先生、李瑩女士及王程先生。 （於百慕達註冊成立的有限公司） （香港股份代號（第一上市）：834） （新加坡股份代號（第二上市）：P74） 董事會會議通知 中國康大食品有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於 二零二五年八月二十九日（星期五）舉行董事會會議，藉以（當中包括）考慮及 批准本公司及其附屬公司截至二零二五年六月三十日止六個月的未經審核綜 合中期業績，以及批准刊發中期業績公告。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國康大食品有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00834 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.25 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.25 | HKD | | 500,000,000 | 第 2 ...

[Announcement Overview](index=1&type=section&id=%E5%85%AC%E5%91%8A%E6%A6%82%E8%A7%88) [Purpose and Background](index=1&type=section&id=%E7%9B%AE%E7%9A%84%E8%88%87%E8%83%8C%E6%99%AF) This section provides a quarterly update on the company's action plan addressing the auditor's going concern disclaimer for the FY2024 financial statements - This announcement provides a quarterly update on China Kangda Food Company Limited's action plan regarding the auditor's disclaimer of opinion on its going concern for the **FY2024 financial statements**[2](index=2&type=chunk) [Progress of Action Plan Implementation](index=2&type=section&id=%E8%A1%8C%E5%8B%95%E8%A8%88%E5%8A%83%E5%AF%A6%E6%96%BD%E9%80%B2%E5%B1%95) [Maintaining Close Relationships with Lenders](index=2&type=section&id=%E8%88%87%E8%B2%B8%E6%AC%BE%E4%BA%BA%E7%B6%AD%E6%8C%81%E7%B7%8A%E5%AF%86%E9%97%9C%E4%BF%82) The company secured a new loan post-reporting period, demonstrating strong relationships with lenders New Loan Information | Metric | Amount (RMB) | Date | | :--- | :--- | :--- | | Loan Amount | 95.5 million | June 30, 2025 | [Status of Related Party Loans](index=2&type=section&id=%E9%97%9C%E8%81%AF%E6%96%B9%E8%B2%B8%E6%AC%BE%E4%B9%8B%E7%8B%80%E6%B3%81) Two matured related party loans await renewal, with lenders intending extensions and a commitment to refrain from legal action during negotiations Related Party Loan Renewal Progress | Metric | Amount (RMB) | Maturity Date | Renewal Status | Tentative Extension Date | | :--- | :--- | :--- | :--- | :--- | | Loan 1 | 36.67 million | April 22, 2025 | Not yet renewed | On or about September 30, 2025 | | Loan 2 | 2.323 million | April 22, 2025 | Not yet renewed | On or about September 30, 2025 | - Related party lenders expressed intent to extend loan agreements, with key terms (interest rate and tenure) still under confirmation[3](index=3&type=chunk) - Lenders committed not to initiate any legal proceedings or winding-up petitions against the company during loan extension agreement negotiations[3](index=3&type=chunk) [Alternative Financing Sources](index=2&type=section&id=%E6%9B%BF%E4%BB%A3%E8%9E%8D%E8%B3%87%E4%BE%86%E6%BA%90) The company actively seeks alternative financing and will announce potential agreements in accordance with listing rules - The company is seeking alternative financing sources and will publish announcements in accordance with listing rules upon reaching any term sheets, letters of intent, or definitive agreements[3](index=3&type=chunk) [Enhancing Operational Efficiency](index=2&type=section&id=%E6%8F%90%E5%8D%87%E7%B6%93%E7%87%9F%E6%95%88%E7%8E%87) The Group actively enhances capacity and efficiency across segments through cold storage and food processing facility expansions [Processed Food Segment](index=2&type=section&id=%E5%8A%A0%E5%B7%A5%E9%A3%9F%E5%93%81%E5%88%86%E9%83%A8) Cold storage system expansion for the processed food segment is expected by September 2025 to resolve capacity bottlenecks - The cold storage system expansion plan for the processed food segment is expected to be completed by **September 2025**, aiming to address capacity bottleneck issues[3](index=3&type=chunk) [Chilled and Frozen Chicken Segment](index=3&type=section&id=%E5%86%B7%E8%97%8F%E5%8F%8A%E5%86%B7%E5%87%8D%E9%9B%9E%E8%82%89%E5%88%86%E9%83%A8) New cold storage facilities for chilled and frozen chicken were completed in May 2025 and operational by June, boosting processing capacity - New cold storage facilities for the chilled and frozen chicken segment were completed in **May 2025** and commenced operations from **June 2025**[7](index=7&type=chunk) [Chilled and Frozen Rabbit Meat Segment](index=3&type=section&id=%E5%86%B7%E8%97%8F%E5%8F%8A%E5%86%B7%E5%87%8D%E5%85%94%E8%82%89%E5%88%86%E9%83%A8) The company plans to invest in expanding rabbit meat food processing facilities in 2025, with completion expected by October - The chilled and frozen rabbit meat segment plans to invest in expanding food processing facilities in **2025**, with completion expected by **October 2025**[7](index=7&type=chunk) [Cost Control Measures](index=3&type=section&id=%E6%88%90%E6%9C%AC%E6%8E%A7%E5%88%B6%E6%8E%AA%E6%96%BD) The company saved approximately **RMB 4 million** since implementing budget evaluation and expenditure control systems in March 2025 Effectiveness of Cost Control | Metric | Amount (RMB) | Implementation Date | As of Date | | :--- | :--- | :--- | :--- | | Savings | 4 million | March 2025 | June 30, 2025 | [Subsequent Announcements and Board Information](index=3&type=section&id=%E5%BE%8C%E7%BA%8C%E5%85%AC%E5%91%8A%E8%88%87%E8%91%A3%E4%BA%8B%E6%9C%83%E4%BF%A1%E6%81%AF) [Commitment to Subsequent Announcements](index=3&type=section&id=%E5%BE%8C%E7%BA%8C%E5%85%AC%E5%91%8A%E6%89%BF%E8%AB%BE) The company commits to timely issuing further announcements to update stakeholders on the action plan and related party loan progress - The company will timely publish further announcements to inform shareholders and potential investors about the latest progress of the action plan and related party loans[4](index=4&type=chunk) [Board Members](index=3&type=section&id=%E8%91%A3%E4%BA%8B%E6%9C%83%E6%88%90%E5%93%A1) This section lists the executive and independent non-executive directors as of the announcement date - As of **July 30, 2025**, executive directors include Ms. Lang Ying, Mr. Gao Yanxu, and Mr. An Fengjun; independent non-executive directors include Mr. Hua Shi, Ms. Li Ying, and Mr. Wang Cheng[6](index=6&type=chunk)

Financial Viability and Concerns - The company received a qualified opinion from its auditor regarding its ability to continue as a going concern due to uncertainties surrounding related party loans totaling RMB 36,670,000 and RMB 2,323,000, which are due on April 22, 2025[3]. - The audit committee supports management's view that the company has sufficient financial resources to continue operations despite the auditor's qualified opinion[7]. - Management believes that ongoing negotiations with lenders and efforts to improve operational efficiency will ensure sufficient working capital to meet financial obligations[6]. - The management believes that the measures taken will effectively strengthen the company's financial position and may lead to the withdrawal of the disclaimer in the fiscal year 2025[11]. Financing and Loan Management - As of March 31, 2024, the company successfully secured written confirmations from several banks for RMB 69 million of bank loans to be extended for one year, now maturing in 2026[5]. - The company has also received a letter of intent from a major bank indicating a potential RMB 100 million financing upon the maturity of another RMB 70.5 million loan in November 2025, subject to formal approval[5]. - The company obtained an additional RMB 53.9 million in loans for approximately one year after the reporting period ended on December 31, 2024[9]. - The company has faced challenges in negotiations regarding related party loans, but recent discussions have become more constructive, aiming for mutually beneficial terms[8]. - The company has been in continuous discussions with related party loan lenders to establish repayment plans or extend repayment terms, with a high likelihood of successful loan extensions[9]. - The company is actively exploring alternative financing sources, including hiring financial advisors to evaluate various financing options[9]. Operational Efficiency and Expansion - The company plans to enhance operational efficiency and expand its business scale, particularly in specific segments[9]. - The company plans to expand its cold storage system by September 2025 to resolve capacity bottlenecks and ensure supply chain stability during peak seasons for processed foods[10]. - The company aims to increase live chicken procurement through long-term partnerships with reliable suppliers, ensuring stable supply for future production[10]. - Upgrades to pre-cooling pools and rapid freezing facilities have been completed, enhancing slaughter capacity and improving product quality and safety[10]. - A new cold storage facility was completed in May 2025, increasing product storage capacity to better manage market fluctuations[10]. - The company targets increased production of refrigerated and frozen rabbit meat through technological upgrades[10]. - The company plans to invest in expanding food processing facilities, with a new production line expected to be completed by October 2025, equipped with automated cutting equipment[14]. Cost Control and Management Strategies - Cost control measures include a budget assessment mechanism implemented in March 2025, assigning detailed indicators to each employee for accurate budget responsibility[14]. - An expenditure control system was implemented in March 2025, where any overspending beyond preset targets will be borne by the responsible individuals, enhancing expenditure management[14]. - The audit committee has reviewed and approved the management's strategies, indicating confidence in the company's operational plans[11].