Teway Food announced the election of Wang Yue as a director, with the term running from the date of shareholder approval until the end of the sixth board of directors' term. Wang Yue currently serves as the company's chief financial officer and previously held roles at Yili as regional finance manager, accounting director, and finance BP director. At the same time, Wu Xuejun resigned as director and vice president due to work adjustments, and Shen Songlin resigned as vice president. In the first quarter of 2026, Teway Food achieved revenue of 1.13 billion yuan and net profit attributable to the parent of 250 million yuan.
Sichuan Teway Food Group Co LtdBoard changes and Q1 results reported, but no clear impact direction
Inner Mongolia Yili Industrial Group Co Ltd