海大集团资本新动作：满月子公司冲刺港股

Core Viewpoint - Haid Group plans to spin off its subsidiary Haid International Holdings Limited for listing on the Hong Kong Stock Exchange, maintaining control over the subsidiary post-separation [1]. Group 1: Company Structure and Control - Haid International Holdings Limited was established on September 17, 2025, indicating it is a newly formed entity [3]. - Rickworth Investments Limited currently holds 100% of Haid Holdings, with Xuehua as the actual controller [4]. - Haid Group's major shareholder is Guangzhou Haihao Investment Co., Ltd., also controlled by Xuehua [4]. Group 2: Business Focus and Financial Projections - The spin-off will involve restructuring overseas subsidiaries related to feed, seed, and animal health products under Haid Holdings, which will focus on operations in Asia (excluding East Asia), Africa, and Latin America [6]. - Financial projections for Haid Holdings show revenues of 7.068 billion, 9.097 billion, and 11.704 billion yuan for 2022, 2023, and 2024, respectively, with net profits of 294 million, 531 million, and 755 million yuan for the same years [6]. Group 3: Recent Financial Performance - In Q3 2025, Haid Group reported revenues of 37.263 billion yuan, a year-on-year increase of 14.43%, and a net profit of 1.504 billion yuan, up 0.34% [6][8]. - For the first three quarters of 2025, the net profit attributable to shareholders was 4.142 billion yuan, reflecting a 14.31% increase year-on-year [8].