Core Viewpoint - The company intends to change its name to "Dahu Health Industry Co., Ltd." and adjust its business scope to align with its strategic shift towards the health industry, reflecting a structural change in its revenue sources [2][4][6]. Company Name Change and Business Scope Adjustment - The proposed new company name is "Dahu Health Industry Co., Ltd." [2] - The adjusted business scope includes medical services, food production and sales, nursing institution services, hospital management, elderly care services, health consultation, and various technology services related to artificial intelligence and health [2][4]. Board Meeting and Approval Process - The company's board of directors approved the proposal with a unanimous vote of 5 in favor, 0 against, and 0 abstentions during the meeting held on October 10, 2025 [3][11]. - The proposal will be submitted for approval at the company's third extraordinary general meeting of shareholders in 2025 [3][8]. Rationale for Changes - The company is transitioning from traditional aquaculture due to reduced resources and has divested from loss-making assets, leading to a significant decrease in revenue from aquaculture [4][6]. - The revenue contribution from medical and food processing businesses has been increasing, indicating a structural shift in the company's income sources [4][6]. Revenue Contribution Analysis - In 2024, the revenue contribution from various business segments was ranked as follows: medical services, food processing, aquaculture, and liquor, with aquaculture contributing only 14.72% of total revenue [4][6]. - By the first half of 2025, the aquaculture segment's revenue contribution dropped to 3.63%, indicating a further decline in its significance to the company's overall revenue [6]. Brand Preservation - The company retains the "Dahu" name in its new title to maintain brand recognition and value accumulated over the years in the aquaculture sector [6]. Regulatory Compliance - The company will apply for the name change registration with the Hunan Provincial Market Supervision Administration and will also adjust its business scope and amend its articles of association accordingly [7].
大湖水殖股份有限公司关于拟变更公司全称、调整经营范围及修订《公司章程》的公告