Shuanghui adjusts accounting for biological assets, projects impact

Henan Shuanghui Investment & Development (SZSE:000895) has announced changes to its accounting estimates for productive biological assets, effective January 1, 2025. The adjustments, approved by the board on April 26, 2025, concern the estimated useful life and net residual value of breeding pigs and chickens. The change aims to better align accounting practices with the company's operational realities and asset management.