Dabeinong sees strong October hog sales, significant hedging gains

Beijing Dabeinong Technology Group reported robust performance for October 2025, with live hog sales reaching 460,000 heads, a 23.09% increase month-over-month and a 45.20% increase year-over-year. Sales revenue climbed to 579 million yuan, up 7.02% month-over-month and 1.58% year-over-year, with an average sales price of 11.43 yuan/kg. Cumulative sales for January-October 2025 totaled 3.6208 million heads, up 28.09% year-over-year, with revenue of 5.477 billion yuan, up 12.51% year-over-year. The company attributes the increase in sales to gradual capacity release.

Concurrently, the company announced its commodity futures hedging activities generated approximately 119.0555 million yuan in investment income from January 1 to October 31, 2025. This represents 34.43% of the previous year's audited net profit attributable to shareholders, indicating successful management of raw material costs and hog sales prices amidst market volatility.

Shareholders at the 2025 Fifth Interim Shareholders' Meeting approved the 2025 first three-quarter profit distribution plan and a guarantee for an associated company, signaling confidence in the company’s financial strategies. The meeting confirmed 99.2622% approval for the profit distribution and 98.3610% for the guarantee.