Joyvio Food reports first-half loss, sells asset to address delisting risk

Joyvio Food announced its Fifth Board of Directors' sixteenth meeting and the Fifth Supervisory Board's eleventh meeting on August 26, 2025. Both boards approved the company's 2025 Half-Year Report, confirming compliance with regulations and accuracy of financial data. The report shows a net profit attributable to shareholders of -CNY 419,233,264.17 and a total operating revenue of CNY 1,244,606,831.75 for the first half of 2025.

Additionally, the board approved revisions to the "Information Disclosure Management System" and adopted the "Information Disclosure Deferral and Exemption Business Management System." These changes aim to enhance the company's information disclosure practices and strengthen internal governance. The company is actively addressing the "delisting risk warning" and "other risk warning" by implementing various measures.

A significant development during the reporting period was the sale of 100% equity in Beijing Joyvio Zhencheng Technology Co., Ltd., completed on June 17, 2025. This transaction is expected to divest long-standing loss-making assets, optimize asset quality, and improve the company's net asset level. These measures reflect the company's commitment to improving its financial health and overall operational efficiency.