鑫闻界｜“3岁”佳实农业换新“东家”中宠股份，正大城建“撤”

Core Insights - Yantai Jias Agricultural Technology Co., Ltd. has changed ownership to Yantai Zhongchong Food Co., Ltd. [1] - The transfer of 100% state-owned equity of Jias Agricultural was publicly disclosed in March 2023, with a total price of 34.8365 million yuan, including 3.7042 million yuan for equity and 31.1323 million yuan for debt [1] - Jias Agricultural reported zero revenue and a net loss of 352,200 yuan for the year 2024, with projections of zero revenue and net profit for January 2025 [1] - Jias Agricultural was established in July 2022, with a registered capital of 3 million yuan, focusing on agricultural research, sales of agricultural products, and related activities [1] Company Background - Previously, Jias Agricultural was involved in pet products, but its business scope changed in April 2024 to include agricultural research and seed operations [4] - The former sole shareholder of Jias Agricultural was Yantai Zhengda Urban Construction Development Co., Ltd., which has a registered capital of 550 million yuan and is controlled by the Finance Bureau of Yantai City [6] New Ownership - Zhongchong Food, founded in 1998, is a leading company in China's pet food industry and was the first to be listed on the Shenzhen Stock Exchange in this sector [9] - As of December 31, 2024, Zhongchong Food is controlled by Hao Zhongli and Xiao Ailing, who hold 43.51% of the shares through various companies [9] Financial Performance - Zhongchong Food's stock price surged significantly in 2024, closing at 72.24 yuan per share on June 4, up from 34.45 yuan at the beginning of the year [10] - The company's sales expenses have been increasing, with figures rising from 184 million yuan in 2020 to 495 million yuan in 2024 [10]