YouYou Foods(SH:603697) Xi Niu Cai Jing·2025-09-23 07:24Group 1 - The core point of the article is the resignation of the Vice President and Board Secretary of Youyou Food, Xiao Chuanzi, due to personal career development reasons, effective September 15, 2025, which was earlier than the originally scheduled term end date of November 22, 2025 [2][4] - Xiao Chuanzi's tenure lasted only a little over three months, having been appointed on June 6, 2025, during the 13th meeting of the fourth board of directors [4] - Since Youyou Food's listing in May 2019, the position of Board Secretary has seen frequent changes, with five individuals choosing to resign voluntarily, and the last two secretaries having notably shorter tenures [4] Group 2 - Youyou Food, known as the "first stock of spicy chicken feet," primarily engages in the research, production, and sales of marinated snack foods, with spicy chicken feet being the main product, alongside other marinated vegetable products [5] - After two years of listing, Youyou Food experienced sluggish growth, but began to recover in 2024, with a strong performance in the first half of 2025, achieving a revenue of 771 million yuan, a year-on-year increase of 45.59%, and a net profit of 108 million yuan, up 42.47% year-on-year [5] - High-potential channels like Sam's Club contributed to Youyou Food's impressive performance, although this also led to a decrease in gross margin, which fell from 28.97% in 2024 to 27.57% in the first half of 2025 [5] - Accounts receivable for Youyou Food have been rapidly increasing, with accounts receivable at 74.61 million yuan in 2024, rising to 156 million yuan in the first half of 2025, representing a year-on-year growth of 109.72% [5]