Gansu Yasheng Industrial reports mixed Q3, plans significant related-party deals

Gansu Yasheng Industrial (Group) Co., Ltd. reported a 7.59% increase in Q3 2025 revenue to CNY 832,000,458.48. Year-to-date revenue reached CNY 2,343,600,270.81, up 6.03% from the previous year. Despite the revenue growth, the company's net profit attributable to shareholders for the nine months ended September 30, 2025, declined by 3.23% to CNY 35,247,901.42.

The board also approved a forecast for related-party transactions in 2025, projecting a total of CNY 34,345.00 million. This includes an additional CNY 2,000.00 million in transactions, primarily involving sales and services to Gansu Nongken Group Co., Ltd., Gansu Mogao Industrial Development Co., Ltd., and Lanzhou Zhuangyuan Ranch Co., Ltd.

These transactions, encompassing sales, procurement, and leasing, are considered normal business operations. They are expected to adhere to fair market principles, ensuring no undue reliance on related parties and no detriment to minority shareholders.