Core Insights - The 20th China International Small and Medium Enterprises Fair (CISMEF) is currently taking place in Guangzhou, showcasing a strong international presence with participants from over 50 countries and regions [2][4] - The event features an international exhibition area that includes products from more than 30 countries, highlighting a diverse range of goods from food to advanced technology [3][5] - The fair serves as a platform for international cooperation, particularly in the context of small and medium enterprises, with a focus on developing resilient supply chains and collaborative opportunities [5][6] Group 1 - The international exhibition area at CISMEF includes unique products such as Spanish ham, Italian chocolate, and advanced materials from South Korea, creating a vibrant marketplace [3] - The event has attracted over 120 participants, including international representatives from 17 countries, emphasizing its global reach and influence [2][6] - Egypt, as the guest country, has over 80 enterprises showcasing diverse products, indicating a deepening collaboration in various sectors [5] Group 2 - The international technology exchange event aims to enhance global technological cooperation and align technological innovations with market demands [6] - Key speakers at the event discussed the importance of innovation and intellectual property in supporting the growth of small and medium enterprises [6] - The discussions highlighted the need for a new intellectual property order to adapt to current international challenges, providing insights for companies' international strategies [6]

Core Insights - The company reported a revenue of 10.99 billion yuan for the year 2024, a year-on-year decrease of 17.49%, but achieved a net profit attributable to shareholders of 21.62 million yuan, marking a turnaround from losses [1] - The recovery in pig and pork market prices contributed to a significant reduction in losses in the traditional business segment, while the sale of a wholly-owned subsidiary generated investment income [1] - The company has a food processing capacity of 330,000 tons, achieving a nationwide production layout covering various regions [1] Financial Performance - The food segment generated revenue of 1.90 billion yuan, a decrease of 14.45% year-on-year, but the gross margin improved to 11.23%, an increase of 1.11 percentage points [1] - The revenue contribution from the food segment increased from 16.69% to 17.31% [1] Traditional Business Adjustments - The company reduced the scale of operations in underperforming and loss-making slaughterhouses, focusing resources on advantageous regions such as East China and Southwest [2] - Investments in automation equipment improved product yield and labor efficiency, enhancing product quality [2] - In the breeding segment, the company eliminated inefficient and non-compliant farms, investing in standardized breeding facilities and differentiating into black pig breeding to enhance gross margins [2] New Retail Strategy - The company strengthened brand exposure and focused on new retail channels, leveraging product potential and creating popular products [2] - Online sales revenue surpassed 159 million yuan, reflecting a year-on-year growth of 7.64% [2]