Jiangsu Yangnong reports fiscal year performance and equity plan

Jiangsu Yangnong Chemical (SSE:600486) released its 2024 financial results and details of an equity incentive plan, reflecting both challenges and strategic initiatives. While navigating a difficult industry environment, Jiangsu Yangnong achieved revenue of RMB 10.43 billion ($1.6 billion) and net profit attributable to shareholders of RMB 1.2 billion ($168 million). The company navigated these challenges with the support of excellence in execution and quality enhancement initiatives. Key strategies also included managing supply chains and research development and new methods of achieving stable growth amid increasing challenges.