Xinjiang Western Animal Husbandry to amend bylaws amid financial decline

Xinjiang Western Animal Husbandry Co., Ltd. reported a 12.45% decrease in operating revenue to 396,179,341.09 yuan for the first half of 2025. Net profit attributable to shareholders declined by 26.48% to a loss of 43,600,251.49 yuan. The company's total assets also decreased by 3.04% to 1,069,913,338.49 yuan.

Despite the financial performance, the company's board approved the semi-annual report and plans to hold its third extraordinary general meeting for 2025 on September 12, 2025. Shareholders will vote on proposed amendments to its articles of association and rules of procedure for shareholder and board meetings.

The proposed amendments aim to align the company's governance with updated legal frameworks and enhance operational efficiency. Revisions clarify the responsibilities of the legal representative and the board's authority regarding asset acquisitions, disposals, and external investments. New provisions related to independent directors, the audit committee, and the remuneration and assessment committee emphasize transparency and compliance. No cash dividends or bonus shares are planned.

The company will take measures to address operational risks including product quality, market competition, environmental protection, and animal disease risks. Related party transactions, such as raw material purchases and feed sales, indicate ongoing operational activities within the group.