Beingmate’s H1 2025 net profit surges, governance changes approved

Beingmate Co., Ltd. announced a net profit of 74,047,121.86 yuan for the first half of 2025, a 43.68% increase compared to the previous year, with basic earnings per share rising to 0.07 yuan. Total operating revenue for the period was 1,354,999,511.54 yuan, reflecting a slight decrease of 4.37%. The company reported total asset impairment of 24,143,447.84 yuan, which reduced H1 2025 profit by 21,306,860.39 yuan. Other non-current assets were impacted by a provision for special usage fees amounting to 10,000,000.00 yuan related to a partnership that has not yet secured the necessary new resource food license.

In a move to enhance corporate governance, Beingmate also approved revisions to its Articles of Association, eliminating the Board of Supervisors and reassigning its duties to the Board of Directors' Audit Committee. Additionally, its controlling shareholder is undergoing pre-restructuring proceedings, which may lead to changes in its shareholder equity. The company will hold its second extraordinary general meeting on September 15, 2025, to vote on these key resolutions.