Yantai China Pet Foods reports Q3 earnings jump, expands business scope

Yantai China Pet Foods reported a 21.05% increase in Q3 2025 revenue to CNY 3.86bn, with net profit attributable to shareholders rising 18.21% to CNY 333.31m. Total assets reached CNY 5.36bn, up 20.54% from the end of the previous year. Notable balance sheet changes included a 148.80% increase in monetary funds and a 195.65% rise in prepayments.

The company also announced a change in its business scope to include wholesale and retail of pet food and supplies, sales of feed additives, general cargo warehousing, and import/export activities, while retaining feed production. These changes aim to align with business development needs, pending shareholder approval.

Revisions to the articles of association include updates to the definition of legal representative, share transfer regulations, and shareholder rights concerning information access and external guarantees. Specifically, the definition of the legal representative now states the chairman is the legal representative. Certain external guarantee provisions were updated, and the procedure for establishing a liquidation group now specifies the board’s responsibility.