Shandong Denghai Seeds reports mixed half-year amid market challenges

Shandong Denghai Seeds reported a 9.41% decrease in operating revenue to CNY 369.33 million for the first half of 2025, with net profit attributable to shareholders falling by 33.42% to CNY 35.11 million. This decline is attributed to a challenging market, including lower grain prices and impact from genetically modified varieties. Despite this, the company saw a 14.82% increase in parent company operating revenue and a 50.07% improvement in net cash flow from operating activities.

The company's board approved the 2025 semi-annual report, along with revisions to information disclosure management and nomination committee work. Key strategic projects, including the Qingdao Biotechnology R&D Center and various seed processing facilities, are over 90% complete, enhancing research and production capabilities.

Shandong Denghai Seeds continues to focus on breeding high-yield, disease-resistant, and high-density corn varieties, aligning with national agricultural policies to strengthen its core competitiveness. Despite market headwinds, the company is advancing its biotechnology platforms and optimizing its seed production and marketing processes.