CNFC Overseas Fisheries reports Q3 profit surge, plans research institute

CNFC Overseas Fisheries (SZSE:000798) released its Q3 2025 report, showing a substantial increase in net profit attributable to shareholders, up 230.08% to CNY 53,408,113.39 year-to-date. Basic earnings per share also rose by 230.32% to CNY 0.1460. The company’s total assets slightly decreased by 1.89% to CNY 5,881,202,058.54, while owner's equity attributable to shareholders increased by 13.25% to CNY 409,523,864.73. The board approved the Q3 report, the reappointment of Tianjian Certified Public Accountants for 2025, and the establishment of a Modern Overseas Fisheries Research Institute.

The company also disclosed the status of its fundraising activities, reporting that CNY 22,689,189.56 remains in its designated bank accounts from the 2022 non-public offering, primarily for the tuna research and processing center.

An extraordinary general meeting is scheduled for November 11, 2025, to vote on proposals including the reappointment of the audit institution. The total audit fee for 2025 will be CNY 1.18 million (including tax), with CNY 790,000 for financial statement audit and CNY 390,000 for internal control audit.