中炬高新：2025年上半年营收21.32亿元，线上业务核心品类增速超60%

Core Insights - The company reported a revenue of 2.132 billion yuan for the first half of 2025, representing a year-on-year decline of 18.58% [1] - The net profit attributable to shareholders was 257 million yuan, down 26.56% year-on-year [1] Revenue Breakdown - The decline in revenue was primarily due to a decrease in the condiment segment, which was affected by the company's proactive inventory reduction strategy aimed at reshaping the market pricing system and restoring distributor confidence [1] Channel Strategy - The company implemented a "channel sinking strategy" to expand its distributor base, resulting in a net increase of 245 distributors in the first half of 2025, bringing the total to 2,799 distributors [1] - In emerging channels, the online business core categories saw growth exceeding 60%, with significant growth in other categories as well [1] - The company launched over ten online-exclusive products and utilized various platform tools for targeted marketing to boost sales and user growth [1]