Core Viewpoint - Yaxiang Co., Ltd. announced the establishment of an ESG working group under its Board of Directors' Strategic Committee, reflecting a commitment to sustainability and corporate governance [1]. Group 1: Company Announcements - The fourth meeting of the fourth Board of Directors was held on November 18, 2025, where the establishment of the ESG working group was discussed [1]. - The company reported that its revenue composition for the year 2024 will be 100% from the manufacturing of flavors and fragrances [1]. Group 2: Market Information - As of the report, Yaxiang Co., Ltd. has a market capitalization of 4.6 billion yuan [2].

Group 1 - The company, Yaxiang Co., Ltd. (SZ 301220), announced the appointment of Mr. Yuan Xiongjun as the new Deputy General Manager and Special Assistant to the Chairman, following a nomination by the General Manager and approval by the Board of Directors [1] - For the fiscal year 2024, the company's revenue composition is entirely from the manufacturing of flavors and fragrances, accounting for 100.0% [1] - As of the report date, Yaxiang Co., Ltd. has a market capitalization of 4.5 billion yuan [1] Group 2 - The A-share market has surpassed 4,000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation into a new "slow bull" pattern [1]

Core Points - The company Yaxiang Co., Ltd. announced an incentive plan on August 27, involving the grant of approximately 690,000 restricted stocks to 6 individuals, representing 0.61% of the company's total share capital of about 113 million shares [1] - The grant price for the restricted stocks is set at 25.04 yuan per share, with a validity period of up to 48 months from the date of the initial grant [1] - For the year 2024, the company's revenue will be entirely derived from the manufacturing of flavors and fragrances, accounting for 100% of its business [1] Company Summary - Yaxiang Co., Ltd. is implementing an incentive plan aimed at motivating key personnel through the issuance of restricted stocks [1] - The company’s stock incentive plan is designed to align the interests of the employees with those of the shareholders [1] Industry Context - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for related companies [1]