Core Viewpoint - Jinzhai Food Group Co., Ltd. reported strong financial performance in the first half of 2025, with revenue of 1.124 billion yuan and a net profit of 112 million yuan, while maintaining a commitment to innovation and quality in its product offerings [1][2]. Financial Performance - In the first half of 2025, the company achieved operating revenue of 1.124 billion yuan and a net profit attributable to shareholders of 112 million yuan [1]. - The company plans to distribute a cash dividend of 1 yuan for every 10 shares, totaling 44.7289 million yuan (including tax) [1]. - Since its listing, Jinzhai Food has distributed a total of 638 million yuan in dividends, approximately four times the net amount raised during its initial public offering [1]. Product Development - The company focuses on high-quality protein products, including leisure fish products, poultry products, and bean products, achieving a revenue of 757 million yuan from leisure fish products, a year-on-year increase of 7.61% [1]. - Jinzhai Food has launched several innovative bean curd products, including preservative-free and probiotic options, and has entered high-potential channels [1][2]. - The company has introduced the industry's first antibiotic-free, ready-to-eat soft-boiled quail eggs and is upgrading its quail egg products to be entirely antibiotic-free [2]. Research and Development - Jinzhai Food has a research and development expense rate higher than the industry average, with R&D investment of 25.8 million yuan in the first half of the year, a year-on-year increase of approximately 18% [2]. - The company has established multiple research platforms, including a postdoctoral innovation and entrepreneurship practice base and a health snack engineering technology center [2]. Channel Strategy - The company is expanding its presence in various channels, including traditional supermarkets, bulk snacks, content e-commerce, and overseas markets [2]. - Direct sales revenue grew by over 29% in the first half of the year, while overseas revenue increased by 40%, indicating the effectiveness of its omnichannel strategy [2]. - The bulk snack channel saw revenue growth of over 50% in the same period, with plans to accelerate new product launches [2]. Brand Development - The brand "Jinzhai" was included in the first batch of China's consumer brand list published by the Ministry of Industry and Information Technology, becoming the only snack brand from Hunan on the list [3]. - The company has engaged in various youth-oriented marketing activities, including sponsoring "New Rap 2025" and hosting events like "Super Brand Day" [3]. Production Capacity - In July, the Jinzhai Beihai Leisure Food Smart Industrial Park was officially opened, marking a strategic decision to enhance internationalization efforts [3]. - The Beihai location is positioned to facilitate expansion into ASEAN markets and leverage the Belt and Road Initiative to enhance global market reach [3].
劲仔食品上半年净利润1.12亿元