Core Insights - Guangzhou Jianchi Catering Equipment Co., Ltd. has been established with a registered capital of 600,000 RMB [1] - The company’s business scope includes import and export of goods, technology import and export, and manufacturing of specialized equipment [1] Company Overview - The registered capital of the company is 600,000 RMB [1] - The company is involved in various manufacturing sectors including specialized equipment, general machinery, and electrical equipment [1] Business Activities - The company’s operations encompass a wide range of activities such as manufacturing, installation services, and sales of machinery and electrical equipment [1] - Specific activities include the production of electric food processing equipment and the design and manufacturing of special equipment [1]

Core Insights - A new company, Yuchudi (Gansu) Catering Equipment Co., Ltd., has been established with a registered capital of 500,000 RMB [1] Company Overview - The legal representative of the company is Wang Pengju [1] - The company operates in various sectors including manufacturing and sales of catering equipment, metal daily necessities, mechanical and electrical equipment, refrigeration and air conditioning equipment, and household appliances [1] - The company is also involved in the sales of new energy vehicles and provides installation and maintenance services for furniture and general machinery [1]

Core Insights - Shenzhen Doctor Bo Catering Equipment Co., Ltd. has been established with a registered capital of 30,000 RMB [1] Company Overview - The legal representative of the company is Liang Beishui [1] - The company engages in a variety of business activities including sales of commercial and catering service equipment, electric food processing equipment, refrigeration and air conditioning equipment, and internet sales [1] - The company also focuses on wholesale, research and development, retail of kitchenware, daily necessities, and home appliances [1] - Additional services include information technology consulting, marketing planning, import and export of goods and technology [1] - There are no licensed operating projects listed for the company [1]

Core Viewpoint - The company, Yindu Catering Equipment Co., Ltd., emphasizes the accuracy and completeness of its quarterly report, ensuring no false statements or omissions exist, and holds legal responsibility for the report's content [1][6]. Financial Data - The third-quarter financial statements are not audited [2]. - The report period refers to the three months from the beginning to the end of the quarter [2]. Non-Recurring Gains and Losses - There are no applicable non-recurring gains and losses reported [3]. Shareholder Information - The report includes details on the total number of common shareholders and the top ten shareholders, but specific data is not provided [4][5]. Other Important Reminders - There are no additional important reminders regarding the company's operational situation during the reporting period [6]. Quarterly Financial Reports - The financial statements, including the consolidated balance sheet and profit and cash flow statements, are prepared but not audited [6]. Earnings Presentation Announcement - The company will hold a third-quarter earnings presentation on November 6, 2025, to communicate with investors and address their concerns [8][9]. Meeting Details - The earnings presentation will take place online, allowing investors to participate and submit questions beforehand [10].

Core Viewpoint - Atosa USA, a subsidiary of Yindu Co., has been awarded the International Dairy Queen's Best Equipment Supplier Award for 2025, recognizing its exceptional support and resources provided to the DQ system over the past year [1] Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of 1.426 billion yuan, a year-on-year increase of 4.35%, with a net profit attributable to shareholders of 347 million yuan, remaining flat year-on-year [2] - Revenue from commercial refrigeration equipment reached 1.088 billion yuan, up 7.38% year-on-year, with a gross margin of 44.39%, down 4.27 percentage points [2] - Self-service equipment revenue was 52 million yuan, down 27.84% year-on-year, with a gross margin of 36.10%, up 1.96 percentage points [2] - Western kitchen equipment revenue was 247 million yuan, up 15.16% year-on-year, with a gross margin of 40.09%, down 4.28 percentage points [2] - Revenue from maintenance parts was 23 million yuan, up 16.14% year-on-year, with a gross margin of 46.34%, down 21.87 percentage points [2] - Kitchen engineering equipment revenue was 4 million yuan, up 14.46% year-on-year, with a gross margin of 10.24%, down 10.54 percentage points [2] Group 2: Production Capacity and Strategy - The company's production base in Thailand has completed the main construction and is entering the capacity ramp-up phase, with initial production meeting expectations [2] - The company has identified "equipment intelligence" as a key strategic direction, focusing on integrating automation and intelligence into its product development [3] - The company is actively recruiting high-end technical talent to enhance innovation in the fields of equipment intelligence and automation [3] Group 3: Short-term Challenges and Outlook - The company's gross margin for the first half of 2025 was 43.1%, down 3.4 percentage points, with a sales expense ratio of 14.9%, up 1.8 percentage points [3] - Short-term profitability has been impacted by tariff disturbances, but improvements are expected as tariff policies are implemented and overseas production capacity increases [3] - Profit forecasts for 2025-2027 are estimated at 610 million, 698 million, and 785 million yuan respectively, maintaining a "recommended" rating [4]

Core Viewpoint - Recently, Hainan Huli Heng Catering Equipment Co., Ltd. was established with a registered capital of 1 million RMB, indicating a new player in the catering equipment industry [1] Company Overview - The legal representative of the company is Tan Chunmei [1] - The company has a broad range of business activities, including manufacturing and sales of refrigeration and air conditioning equipment, mechanical and electrical equipment, and various specialized equipment [1] Business Scope - The company’s operational scope includes: - Manufacturing of refrigeration and air conditioning equipment - Sales of mechanical and electrical equipment, special equipment, and general equipment [1] - Internet sales excluding licensed goods [1] - Wholesale of electronic components and metal products [1] - Manufacturing of household appliances and food-grade plastic packaging containers [1] - Provision of centralized disinfection services for catering utensils [1] - Sales of cloud computing equipment and communication devices [1]

Core Viewpoint - The company plans to distribute a cash dividend of 0.35 yuan per share for the first half of 2025, amounting to a total of 214,794,756.75 yuan, which represents 61.96% of the net profit attributable to shareholders [1][2]. Summary by Sections Profit Distribution Plan - The proposed cash dividend distribution is based on the total share capital registered on the equity distribution record date, with no capital reserve conversion or stock bonus planned [1]. - The net profit attributable to the parent company's shareholders for the first half of 2025 is reported at 346,648,705.39 yuan, with retained earnings at 494,116,161.12 yuan as of June 30, 2025 [1][2]. Decision-Making Process - The proposal for the 2025 half-year profit distribution was unanimously approved by all seven directors present at the board meeting [3]. - The supervisory board also approved the profit distribution plan, confirming that it aligns with the company's long-term dividend policy and does not harm the interests of shareholders, especially minority shareholders [3]. Authorization and Conditions - The board has been authorized to review the profit distribution plan as long as the net profit exceeds the distribution amount, with a maximum cash dividend of 0.50 yuan per share [2].

Meeting Overview - The fifth board meeting of Yindu Catering Equipment Co., Ltd. was held on August 22, 2025, with all seven directors present, including four via communication [1][2]. Financial Report - The board approved the 2025 semi-annual report, confirming that it complies with relevant laws and accurately reflects the company's financial status and operating results [2][3]. - The net profit attributable to shareholders for the first half of 2025 was approximately 346.65 million yuan, with undistributed profits at about 494.12 million yuan as of June 30, 2025 [2][3]. Profit Distribution Plan - A cash dividend of 0.35 yuan per share (including tax) was proposed, totaling approximately 214.79 million yuan to be distributed to shareholders [2][3]. Governance Changes - The board approved the cancellation of the supervisory board, transferring its powers to the audit committee, and established a worker director position elected by the employee representative assembly [4][5]. - Amendments to the company's articles of association were also approved to reflect these governance changes [4][5]. Capital Changes - The board approved a proposal to change the registered capital and amend the articles of association, which will be submitted for approval at the first extraordinary general meeting of shareholders in 2025 [4][5]. Management System Updates - Several management system proposals were reviewed and approved, with all votes in favor [4][5]. Upcoming Shareholder Meeting - The company plans to hold the first extraordinary general meeting of shareholders on September 10, 2025, to ensure shareholders can exercise their rights [6].

Meeting Overview - The 11th meeting of the 5th Supervisory Board of Yindu Catering Equipment Co., Ltd. was held on August 22, 2025, in Hangzhou, with all three supervisors present [1] - The meeting was chaired by Ms. Zhang Yanjie, and senior management attended [1] Resolutions Passed - The Supervisory Board approved the 2025 semi-annual report and its summary, confirming compliance with legal and regulatory requirements, and the information disclosed was deemed true, accurate, and complete [1][2] - The board also approved the profit distribution plan for the 2025 semi-annual period, which had been authorized by the 2024 annual shareholders' meeting and met the distribution conditions [2] - A resolution was passed to abolish the Supervisory Board, transferring its powers to the Audit Committee of the Board, and to amend the company's articles of association accordingly [2][3] Future Actions - The current supervisors will be relieved of their duties upon the approval of the resolution at the upcoming shareholders' meeting, while continuing to fulfill their supervisory responsibilities until then [3] - The resolution regarding the abolition of the Supervisory Board and related amendments will be submitted for approval at the first extraordinary shareholders' meeting of 2025 [3]

Company Overview - Nanchang Yan Chef Catering Equipment Co., Ltd. has been established with a registered capital of 1 million RMB [1] - The legal representative of the company is Yang Jiajie [1] Business Scope - The company is involved in the sale of disinfecting equipment and the installation, modification, and repair of special equipment, subject to approval from relevant authorities [1] - General business activities include manufacturing and selling commercial, catering, and service-specific equipment, as well as various types of household appliances and machinery [1] - The company also engages in services such as professional cleaning, disinfection, and engineering management, along with import and export activities [1]