Jilin Forest Industry discusses strategy, addresses losses in Q3 2025 briefing

Jilin Forest Industry (SSE:600189) held its Q3 2025 earnings briefing on November 3, 2025. Chairman Cheng Yu, general manager Wang Haibo, independent directors He Jianjun, Wang Guanqun, Ren Xirong, cfo Bai Gang, and board secretary Gao Shiyong interacted with investors and responded to questions regarding the company's performance and future plans.

During the session, Jilin Forest Industry acknowledged investor concerns about persistent losses from non-core businesses affecting its main operations. The board, following its September 2025 reshuffle, reiterated its commitment to strengthening the natural mineral water business and accelerating the development of mineral water and forest specialty beverage sectors. The company is also researching its non-core business segments, a process that may take time and involves uncertainty.

The company is considering increasing advertising investment and innovating promotional strategies to enhance brand awareness and sales growth for its natural mineral water. Regarding the industrial fund established in May, the company clarified that its setup, aimed at supporting mineral water and forest specialty beverage industries, was delayed due to efforts to secure a "provincial" fund name. The fund is not yet registered but its management and decision-making committees are researching investment projects. Funds will be called upon as needed for specific projects, with registration to follow the initial capital contribution.