SHUANGHUI(SZ:000895) Sou Hu Cai Jing·2025-06-27 01:39Core Viewpoint - The article highlights the strong performance of Shuanghui Development in the food processing industry, particularly its cash dividend distribution and robust financial results, showcasing its leading position in the market and effective implementation of a comprehensive industrial strategy [1][2][7]. Financial Performance - As of June 25, 2024, Shuanghui Development distributed a total of 2.598 billion yuan in dividends, with a payout of 7.5 yuan per 10 shares, leading the food processing sector [1]. - In 2024, the company achieved an operating profit of approximately 6.659 billion yuan, reflecting a year-on-year growth of 0.33% [2]. - For the first quarter of 2025, Shuanghui Development reported revenues of 14.269 billion yuan and a net profit attributable to shareholders of 1.137 billion yuan, with total assets increasing by 15.32% to 42.998 billion yuan compared to the end of 2024 [2]. Business Segments - The core business of Shuanghui Development, packaged meat products, generated revenues of 5.58 billion yuan in the first quarter, covering various categories such as ham, sausages, and canned goods [4]. - The company has seen a 21.8% year-on-year increase in new channel terminal shipments and an 8.9% growth in online transaction volume [4]. - Shuanghui Development is expanding its B-end channel development and enhancing partnerships with platforms like Meituan and Ele.me to boost online business scale [4]. Market Strategy - The company is focusing on market development in its slaughtering business to expand its customer base and market share [6]. - Shuanghui Development is enhancing its product offerings by introducing customized and refined processing products to meet niche market demands [6]. - The company has invested 755 million yuan in R&D over the past five years to drive innovation and upgrade its entire industrial chain [8]. Digital Transformation - Shuanghui Development holds a 40.38% share of the net profit in the food processing industry, amounting to 1.137 billion yuan in the first quarter of 2025 [7]. - The company is advancing its digital transformation by implementing marketing digitalization and utilizing tools like cloud services and collaborative platforms to enhance operational efficiency [7]. - A digital transformation committee was established to oversee the integration of management, R&D, and operations into a cohesive digital strategy [7].