事关“网红猫粮”收购终止,依依股份召开说明会

Group 1 - The acquisition of 100% equity in Gao Ye Jia by Yi Yi Co., Ltd. was terminated due to changes in the company's operational conditions and failure to reach an agreement on valuation and key commercial terms with the counterparties [1] - Yi Yi Co., Ltd. remains focused on the pet hygiene care products sector, which is experiencing growth in both domestic and international pet ownership rates, indicating significant growth potential for its products [1] - The company plans to continue strategic investments in the pet sector through industry funds or direct investments, exploring opportunities in pet medical care, cat litter, and smart pet products [2] Group 2 - In the third quarter of 2025, Yi Yi Co., Ltd. reported a revenue of 4.18 billion yuan, a year-on-year decrease of 17.0%, while the net profit attributable to shareholders was 545 million yuan, a decline of 2.2% [3] - The company's export business to the United States has largely returned to normal, with domestic production being the primary source for global pet hygiene care products due to limited local capacity in the U.S. [3] - The company's production base in Cambodia has been operational since May 2025, with a capacity of nearly 300 million pet pads per year, and a second factory is under construction to produce 800 million pet pads and 100 million pet pants annually [4]

YIYI-事关“网红猫粮”收购终止,依依股份召开说明会 - Reportify