Core Viewpoint - The company has completed large-scale capacity construction and is entering a stable development phase, with a decreasing trend in capital expenditure and an increasing ability to generate cash flow [1] Group 1: Financial Performance - The company plans to dynamically adjust its dividend ratio based on market conditions, cash flow, and capital expenditure plans, aligning shareholder return schemes with the company's development stage and operational status [1] - The focus will remain on core business operations, with continuous improvements in management, production efficiency, and profitability to ensure high-quality and stable development [1] Group 2: Shareholder Returns - The company aims to share development dividends with investors, enhancing shareholder returns in line with its growth and operational performance [1]

Core Viewpoint - Yanghe Co., Ltd. reported a revenue of 14.796 billion yuan and a net profit attributable to shareholders of 4.344 billion yuan for the first half of 2025, indicating a focus on sustainable development amidst a complex external environment and market competition [1] Financial Performance - The company achieved a revenue of 14.796 billion yuan in the first half of 2025 [1] - The net profit attributable to shareholders was 4.344 billion yuan during the same period [1] Strategic Focus - The company is committed to long-term and rational development, concentrating on its core responsibilities and business [1] - Continuous efforts are being made in product quality enhancement, brand improvement, channel expansion, and basic management [1] - These initiatives aim to accumulate sustainable development momentum for the company [1]