Springsnow Food (SH:605567) Zhong Zheng Wang·2025-08-04 10:17Core Viewpoint - The company emphasizes the integration of ESG (Environmental, Social, and Governance) practices into its operational framework, viewing it as a driving force for sustainable development rather than merely a compliance requirement [1][2]. Group 1: ESG Integration and Governance - The company has transformed ESG from a report into a systematic approach, embedding it deeply within its governance, industry chain, and innovation systems [1]. - Since its listing in 2021, the company has established a three-tier ESG governance structure covering the board, executive team, and operational staff, and has incorporated core ESG indicators into executive performance contracts [1]. - The company has reported a net profit of 8.1652 million yuan in 2024, marking a successful turnaround, attributed to enhanced organizational resilience and risk management through refined governance [1]. Group 2: Industry Practices and Product Safety - The company slaughters 100 million chickens annually and has an annual production capacity of 120,000 tons of processed products, making it one of the few domestic chicken processing companies that continuously exports to Japan and the EU [2]. - It has implemented a dual defense system of "product traceability + self-inspection and control," achieving a 100% product inspection pass rate and a customer satisfaction rate of 99% in 2024 [2]. - The company has successfully passed various international certifications, including BRCGS, HALAL, and GSLR [2]. Group 3: Growth Strategy and Future Plans - The company is transitioning towards a "big food" strategy, expanding its product range from chicken to health proteins and various processed food items [2]. - In Q1 2025, the company reported revenues of 595 million yuan, a year-on-year increase of 12.48%, and a net profit of 11.1676 million yuan, reflecting a significant year-on-year growth of 286.90% [2]. - The company aims to increase its revenue from 2.8 billion yuan to 5 billion yuan over the next three years, focusing on enhancing brand influence, channel penetration, and shareholder returns [2].