Core Viewpoint - The appointment of Guo Hong as an independent non-executive director candidate for October Rice Field (09676.HK) is a significant development, reflecting the company's strategic focus on enhancing its governance and leveraging Guo's extensive experience in investment management and corporate strategy [2][3]. Group 1: Company Developments - October Rice Field's board has approved Guo Hong as an independent non-executive director candidate, pending review at an extraordinary general meeting [2]. - Guo Hong, aged 48, has over 25 years of investment management experience and has held various positions at Hangzhou Wahaha Group [2]. - The company was officially listed on the Hong Kong Stock Exchange on October 12, 2023, and focuses on pre-packaged quality rice, corn, grains, legumes, and dried goods [3]. Group 2: Financial Performance - October Rice Field reported a revenue of 3.064 billion yuan for the first half of 2025, representing a year-on-year increase of 16.9% [3]. - The adjusted net profit for the same period reached 294 million yuan, showing a substantial year-on-year growth of 97.7% [3]. Group 3: Key Personnel Changes - In August 2024, significant changes occurred at Hangzhou Wahaha Group, with Zong Qinghou stepping down from his roles, and Guo Hong and other senior executives exiting their positions [3]. - Guo Hong played a crucial role in the trust establishment for Zong Qinghou's non-marital children, indicating her influence within the Wahaha Group [2].

Group 1 - The board of Ten Thousand Rice Fields (09676.HK) has approved Guo Hong as an independent non-executive director candidate, to be reviewed at an extraordinary general meeting [1] - Guo Hong, aged 48, has over 25 years of investment management experience and has held various positions at Hangzhou Wahaha Group Co., Ltd [1] - Guo Hong has a Master's degree in Business Administration from City University of Hong Kong and is currently a doctoral student at the same institution [1] Group 2 - In August 2024, Hangzhou Wahaha Group Co., Ltd underwent a corporate change, with Zong Qinghou stepping down as legal representative, chairman, and general manager, succeeded by Zong Fuli [2] - Ten Thousand Rice Fields Group Co., Ltd, established in 2018 and headquartered in Shenyang, Liaoning Province, focuses on pre-packaged high-quality rice, corn, grains, beans, and dried goods [2] - The company reported a revenue of 3.064 billion yuan for the first half of 2025, a year-on-year increase of 16.9%, and an adjusted net profit of 294 million yuan, a significant year-on-year growth of 97.7% [2]