Core Viewpoint - Wancheng Group has established the "Wancheng·Guangcai Fund" in collaboration with the Fujian Guangcai Charity Promotion Association, committing to donate 5 million yuan annually for five years, totaling 25 million yuan for public welfare initiatives, supported by a significant profit increase of 917.04% in the first three quarters of 2025 [1][3] Group 1: Fund Establishment and Purpose - The fund aims to support local poverty alleviation, rural revitalization, collaboration between eastern and western regions, care for vulnerable groups, and disaster relief efforts [1][2] - The fund's establishment was approved by the company's board on January 13, and the funding will come from the company's operating profits, not requiring shareholder approval [1][2] Group 2: Fund Management and Usage - At least 20% of the donation will be allocated to projects designated by the Guangcai Association, with no management fees for that portion; the remaining funds will incur a 3% management fee based on actual disbursements [2] - Wancheng Group can propose targeted donation plans, with the Guangcai Association required to respond within 15 working days to ensure efficient implementation of the company's philanthropic intentions [2] Group 3: Financial Performance and Social Responsibility - For the first three quarters of 2025, Wancheng Group reported revenues of 36.562 billion yuan, a year-on-year increase of 77.37%, and a net profit of 855 million yuan, reflecting a substantial year-on-year growth of 917.04% [3] - The company's strong financial performance underpins its commitment to social responsibility, demonstrating a cycle of "operational efficiency—philanthropic empowerment" [3] - Wancheng Group has a history of philanthropic activities, including donations for disaster relief and educational support, reinforcing its role as a socially responsible leader in the snack food industry [2][3]
万辰集团设公益基金 未来五年捐2500万践行社会责任