Wellhope(SH:603609) Zheng Quan Shi Bao Wang·2025-08-19 01:01Core Viewpoint - He Feng Co., Ltd. reported significant growth in revenue and profitability for the first half of 2025, driven by increased sales in feed and livestock, alongside lower raw material costs [1][2]. Group 1: Financial Performance - The company achieved a revenue of 17.407 billion yuan, representing a year-on-year increase of 16.27% [1]. - Net profit attributable to shareholders was 233 million yuan, marking a return to profitability compared to the previous year [1]. - The basic earnings per share were 0.27 yuan [1]. Group 2: Sales and Production - Total feed sales reached 2.1 million tons, up 16% year-on-year, with pig feed increasing by 23%, poultry feed by 13%, and ruminant feed by 17% [2]. - The company raised its market share in high-value channels, with sales of processed chicken products increasing by 40% [2]. Group 3: Livestock Operations - The company has a stable breeding stock, with a total of 58,000 sows as of June 2025, including 47,000 breeding sows [3]. - In the first half of 2025, the company sold a total of 840,000 pigs, including 740,000 fattening pigs and 100,000 piglets and breeding pigs [3]. Group 4: Capital Investment - The company plans to invest 70 million yuan in its subsidiary, Jinzhou Xinfeng, to enhance its operational capabilities and support business development [4].