Core Viewpoint - Yiyi Co., Ltd. has demonstrated strong financial performance in the first half of 2025, with significant growth in revenue and net profit, while also expanding its international presence and focusing on domestic brand development [1][2][3][4] Financial Performance - In the first half of 2025, Yiyi Co., Ltd. achieved an operating income of 888 million yuan, representing a year-on-year increase of 9.34% [1] - The net profit attributable to shareholders was 102 million yuan, up 7.37% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 89.81 million yuan, reflecting a growth of 9.11% [1] - The net cash flow from operating activities reached 190 million yuan, a remarkable increase of 4763.93% [1] - The profit distribution plan for the first half of 2025 includes a cash dividend of 2.40 yuan per 10 shares, totaling an expected distribution of 44.2 million yuan [1] International Market Strategy - Yiyi Co., Ltd. has established a strong international market presence, exporting to nearly 40 countries and regions, with over 30% of customs exports in similar products maintained for several years [2] - To address international trade challenges, the company has set up a wholly-owned subsidiary in Cambodia, which began shipping products in May 2025, with an annual production capacity of approximately 300 million pet pads [2] Domestic Market Development - The domestic pet industry is experiencing rapid growth, with significant potential in the disposable pet care products market [3] - Yiyi Co., Ltd. is focusing on the domestic market as a strategic priority, enhancing its investment in developing its own brands to increase market share [3] - The company has launched various functional pet care products under its brands "HUSHPET" and "Yiping Huafang," which have received positive market feedback [3] Future Strategy - Yiyi Co., Ltd. plans to continue its "overseas + domestic" dual circulation and "ODM/OEM + own brand" dual-driven strategy to enhance competitiveness [4] - The company aims to leverage its domestic and international production capabilities to capitalize on growth opportunities in the pet hygiene care products market [4] - Yiyi Co., Ltd. is committed to becoming a leader in the pet hygiene care products sector, striving to create perfect pet hygiene care solutions [4]
依依股份：海外筑根基国内谋突破 2025上半年营收净利双增