Ge Long Hui A P P·2025-11-05 08:09Core Viewpoint - The report from Guohai Securities indicates that Yanjinpuzi achieved a net profit attributable to shareholders of 605 million yuan in Q1-Q3 2025, representing a year-on-year increase of 22.63% [1] - In Q3 2025, the net profit attributable to shareholders reached 232 million yuan, marking a year-on-year growth of 33.55% [1] Revenue and Profitability - The konjac segment continues to show strong momentum, with improving profitability and impressive performance in quantitative distribution channels [1] - The company currently operates three major business divisions, with the spicy division focusing on konjac snacks, leveraging channel reuse advantages to promote the development of the dried tofu product line [1] Organizational Strength and Strategy - The company excels in production and manufacturing, with strong organizational capabilities that enable it to identify and seize opportunities [1] - On the channel side, the company adheres to an omnichannel strategy, embracing high-growth channels and overseas markets [1] Product Development - The formation of three major business divisions is expected to enhance product upgrades, which may lead to improved profit levels for the company [1] - The overall strategy is aimed at boosting the company's profitability through product innovation and market expansion [1]