Core Insights - Guangdong Yuehai Feed Group Co., Ltd. has officially launched its subsidiary, Vietnam Yuehai Feed Co., Ltd., marking a significant step in the Southeast Asian market and reinforcing its global strategy [1][2] - The company reported a remarkable performance in 2025, achieving a 216.48% year-on-year increase in profit attributable to the listed company in the third quarter, with new factories opening to further boost sales [1] - The chairman emphasized the commitment to enhancing aquaculture standards in Vietnam and Southeast Asia, aiming for a 10% increase in growth speed, a 10% reduction in feed conversion ratio, and a 50% decrease in loss rates [1] Company Developments - Vietnam Yuehai Feed has gained increasing trust and support from local aquaculture farmers, driven by its "three highs and three lows" technical strategy and a robust quality assurance system [2] - The first phase of the Vietnam Yuehai facility, located in Vinh Long Province, has an investment of approximately 140 million yuan, featuring production lines with a capacity of over 100,000 tons annually, with plans to expand to 200,000 tons [2] - A wealth forum was held during the opening, resulting in strategic cooperation agreements totaling 80,600 tons, with 22,800 tons of orders secured, strengthening the company's market foundation [2]

Core Insights - Vietnam Yuehai Feed Co., Ltd. officially opened on October 30, marking a significant step for Yuehai Feed in the Southeast Asian market and laying a solid foundation for its global strategy [1] - Yuehai Feed reported impressive growth in 2025, achieving its best semi-annual performance since listing, with a profit increase of 216.48% year-on-year in Q3 [1] - The opening of new factories in Anhui and Vietnam is expected to further boost sales and enhance the brand's influence [1] Group 1 - The successful establishment of Vietnam Yuehai is a key practice in responding to the Belt and Road Initiative and Vietnam's "Two Corridors and One Circle" plan, emphasizing international capacity cooperation [1] - The company aims to improve the aquaculture standards in Vietnam and Southeast Asia, targeting a 10% increase in growth rates, a 10% reduction in feed conversion ratios, and a 50% decrease in loss rates [1] - The company has gained increasing trust and support from local farmers, which is seen as a major driving force for future development [2] Group 2 - The first phase of the Vietnam Yuehai project involved an investment of 5 trillion VND (approximately 1.4 billion RMB), with an initial production capacity exceeding 100,000 tons per year [2] - The company has established a sales network centered in Vietnam, extending to markets in India, Malaysia, and other Southeast Asian countries [2] - During the opening ceremony, a strategic cooperation agreement was signed for a total of 80,600 tons, with 22,800 tons of orders secured from customers [2]