Heilongjiang Agriculture: Q3 profit up, new deputy general manager appointed

Heilongjiang Beidahuang Agriculture Co., Ltd. has released its Q3 2025 report, with an investor briefing scheduled for November 5, 2025. The company reported a total operating income of CNY 4,108,363,488.32 for the first three quarters of 2025, a decrease from CNY 4,358,227,176.78 in the same period of 2024. Net profit attributable to shareholders increased to CNY 1,356,795,537.94 from CNY 1,347,430,672.89 year-on-year. Basic earnings per share rose to CNY 0.763 from CNY 0.758.

In related announcements, the company's board approved the appointment of Li Dongguang as the new deputy general manager. Additionally, the board approved the waiver of CNY 85,000,000 in debt from its subsidiary, Heilongjiang Beiqin Hai Paper Industry Co., Ltd., and CNY 89,000,000 in debt from Beidahuang Longken Malt Co., Ltd. These waivers aim to support the struggling subsidiaries that have ceased operations since 2013 due to overcapacity in their respective industries.