Shanghai Ziyan Foods Co Ltd

Ziyan Foods released its 2026 semi-annual report, achieving operating revenue of 1.663 billion yuan, up 12.94% year on year. As of the end of the reporting period, the company's total assets reached 4.837 billion yuan, up 24.83% from the end of the previous year; net assets attributable to shareholders of the listed company were 2.113 billion yuan, up 3.18% from the end of the previous year. The company said it proactively optimized its operating structure, focusing on supply chain quality improvement, channel innovation, brand upgrading, and overseas market expansion, while continuously advancing digital and intelligent transformation, product iteration, and multi-scenario channel deployment, achieving effective repair of its operating fundamentals and structural upgrading during the industry consolidation period.

Ziyan Food announced on July 7, 2026, that it plans to inject 200 million yuan of its own funds into its wholly-owned subsidiary Chengdu Ziyan. After the capital increase, Chengdu Ziyan's registered capital will rise from 1 billion yuan to 1.2 billion yuan, and it will remain a wholly-owned subsidiary. The company stated that this capital increase will help strengthen Chengdu Ziyan's financial position, aligns with its long-term development strategy, and that overall risks are controllable, with no material adverse impact on its financial condition or operating results.