Joyvio Agriculture faces delisting risk amid significant asset reductions

Joyvio Agriculture Development's Q3 2025 report shows a net loss attributable to shareholders of CNY 422,533,392.95, a 35.18% improvement from the previous year. Total assets decreased by 94.15% to CNY 543,805,022.60 compared to the end of 2024. This significant reduction is primarily attributed to the divestment of its salmon farming and processing subsidiary, which led to a substantial decrease in various asset categories, including trading financial assets, accounts receivable, and inventory.

The company's operational revenue for the first three quarters decreased by 44.55% to CNY 1,456,251,805.89, mainly due to lower sales volumes from its former Chilean subsidiary and its exclusion from the consolidated scope in the third quarter. Gross profit also declined by 47.19% due to reduced output of products like Pacific cod and shrimp, affected by international supply shortages and tariff policies.

Joyvio Agriculture Development faces continued "delisting risk warnings" and "other risk warnings" due to negative shareholder equity and net profits over consecutive years. The company's strategic responses include asset restructuring and attracting strategic investors to improve asset quality and capital structure, aiming for long-term healthy development.