YKA(SZ:300999) Shen Zhen Shang Bao·2026-01-16 01:07Core Viewpoint - The company, Jinlongyu, announced the transfer of its 50% stakes in Kellogg's Shanghai and Kellogg's Kunshan to Mars Wrigley Confectionery (China) for a total consideration of $60 million, reflecting a strategic decision based on current business conditions [1][2]. Group 1: Financial Performance - Jinlongyu's revenue for the first three quarters of 2025 reached 184.27 billion yuan, marking a year-on-year increase of 5.02%, with an average monthly income of 20.5 billion yuan [3]. - The company's net profit attributable to shareholders for the same period was 2.749 billion yuan, showing a significant year-on-year growth of 92.06%, with the third quarter net profit soaring by 196.96% [3]. - Since its IPO in October 2020, Jinlongyu's net profit has declined for four consecutive years, from 4.132 billion yuan in 2021 to 2.502 billion yuan in 2024 [2]. Group 2: Market Performance - Jinlongyu's stock price has experienced a continuous decline over the past five years, with decreases of 41.99% in 2021, 30.84% in 2022, 23.35% in 2023, 1.99% in 2024, and 11.57% in 2025, leading to a current stock price of 29.72 yuan and a market capitalization of 161.1 billion yuan [4]. - The company reached a peak market capitalization of 786.1 billion yuan, but has since lost over 600 billion yuan in value [4]. Group 3: Strategic Decisions - The company has decided to extend the timeline for several fundraising projects, including the "Yihai Kerry (Maoming) Grain and Oil Industrial Co., Ltd. Grain and Oil Processing Project" to June 30, 2026, and other projects in Lanzhou and Hunan to December 31, 2027 [3].