Wens Foodstuff proposes Q3 dividend, adjusts capital investments, restates 2024 data

Wens Foodstuff Group has approved a cash dividend of 3 yuan per 10 shares for the first three quarters of 2025. This distribution totals 1,993,747,973.70 yuan (including tax) based on 6,645,826,579 shares as of September 30, 2025, from a net profit of 5,255,835,938.23 yuan. The plan will be reviewed at the upcoming 2025 first extraordinary general meeting on November 12, 2025.

In parallel, the company will terminate its Fuchuan Guangdong Wens Animal Husbandry project, originally budgeted for 5,900 million yuan, due to land restrictions. Additionally, Wens will reduce investments in several other convertible bond projects by a combined 2,594.18 million yuan, reallocating these funds to improve capital efficiency. The total remaining funds of 8,494.18 million yuan will be held for future strategic investments.

Furthermore, Wens Foodstuff Group has retroactively adjusted its 2024 financial data due to a business combination under common control, specifically the acquisition of a 91.38% equity stake in Guangdong Yikang Ecological Environmental Technology Group Co., Ltd. These adjustments impacted the company’s consolidated balance sheet, income statement, and cash flow statement for the period.