Baiyang Investment Group sees strong half-year revenue and profit growth

Baiyang Investment Group reported a 38.34% increase in operating revenue to 1,694,045,144.43 yuan for the first half of 2025, with net profit attributable to shareholders surging 147.79% to 11,789,288.51 yuan. The company's aquaculture processing and biological products segment achieved 755 million yuan in revenue, up 34.13%, while the feed and feed raw materials segment saw a 43.02% increase to 623 million yuan. This growth was attributed to increased sales volumes in both aquaculture processing and feed, alongside enhanced gross profit margins.

The company's board also approved the write-down of assets, totaling 29,427,513.05 yuan for the first half of 2025, including inventory and accounts receivable. This write-down is reflected in the half-year operating profit. Additionally, Baiyang Investment Group confirmed the grant of 8.664 million restricted shares to 75 key employees and management on February 11, 2025, as part of its 2024 equity incentive plan. The company does not plan to distribute cash dividends, bonus shares, or convert capital reserves for the reporting period.