Company Overview - Chengde Lolo reported a closing price of 8.75 yuan on July 31, down 0.17 yuan or 1.91% from the previous trading day [1] - The trading volume on that day was 161,285 hands, with a transaction amount of 142 million yuan [1] - The company operates in the food and beverage sector, primarily engaged in the production and sale of plant protein beverages, with almond milk products accounting for over 96% of its revenue [1] - Established in 1997, Chengde Lolo was one of the first beverage companies to be listed on the Shenzhen Stock Exchange [1] Management Changes - On July 28, the company announced the resignation of General Manager Liang Qichao for personal reasons, with Deputy General Manager Ding Xingxian taking over the position [1] Financial Performance - For the first quarter of 2025, the company reported revenue of 1.002 billion yuan, a year-on-year decrease of 18.36% [1] - The net profit for the same period was 215 million yuan, down 12.53% year-on-year [1] Product Development - The company recently launched a new herbal product series, including loquat and pear drink, and dried tangerine peel and black plum drink [1]