Xinjiang Sayram Modern Agriculture reports mixed 2025 results, governance changes

Xinjiang Sayram Modern Agriculture Co., Ltd. (SSE:600540) released its 2025 semi-annual report, showing a 437.02% increase in operating revenue to CNY 2,633,001,234.21 and a 348.29% rise in total profit to CNY 22,502,792.70. However, net profit attributable to shareholders decreased by 12.24% to CNY 6,517,204.63. The company’s board approved the cancellation of the supervisory board, transferring its functions to the audit committee of the board of directors, a move requiring shareholder approval.

The company is also updating its articles of association and internal governance systems. Additionally, the investment period for the "Hocheng County Keli Coal Logistics Distribution Co., Ltd. Dedicated Line Expansion Project" has been extended from April 2025 to April 2026, and the "Annual Processing 200,000 Tons of Cottonseed Concentrated Protein and Deep Processing Project" from December 2024 to December 2025, to allow for a more mature investment environment.

As of June 30, 2025, the company used CNY 320,000,000.00 of idle raised funds to temporarily supplement working capital, with a remaining balance of CNY 6,259,394.54 in the raised funds account. The board of directors will seek shareholder approval for these strategic decisions, ensuring compliance and enhancing corporate efficiency.