Shandong Xiantan Co Ltd

Xiantan Co. disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 2.995 billion yuan, up 17.92% year on year. Net profit attributable to the parent company was 180 million yuan, up 31.97% year on year. Net profit after deducting non-recurring items was 183 million yuan, up 48.11% year on year. The company plans to distribute a cash dividend of 1.5 yuan, tax included, for every 10 shares to all shareholders. Net cash flow from operating activities was 60.0674 million yuan, down 82.17% year on year.

Xiantan Shares announced that in July 2026, it achieved chicken product sales revenue of 541 million yuan, with sales volume of 60,700 tonnes, representing year-on-year increases of 5.89% and 1.80% respectively, and month-on-month changes of a 0.08% decline and a 3.69% increase respectively. The company's Phase I and Phase II prepared food projects are making steady progress in research and development, brand building, and sales markets. Prepared food production capacity is being gradually released, and the number of processed products is increasing, driving growth in both sales volume and sales revenue.

Xiantan Co. announced that its wholly-owned subsidiary Shandong Xianrun Food Co., Ltd. will use 240 million yuan of raised funds to increase the capital of its wholly-owned subsidiary Shandong Xianrunhong Food Co., Ltd., and provide a total loan of 100 million yuan in installments to implement the prepared cooked food project under the ecological project of producing 120 million broiler chickens annually. After the capital increase, Xianrunhong Food's registered capital will rise from 200 million yuan to 300 million yuan, with Xianrun Food still holding 100% equity. The loan carries no interest, has a term of three years, and can be automatically renewed upon maturity. This matter does not constitute a related-party transaction or major asset restructuring, and does not require shareholder meeting approval.

Xiantan Shares has released its earnings forecast, expecting a net profit attributable to the parent company of 170 million to 181 million yuan for the first half of 2026, representing a year-on-year increase of 24.33% to 32.37%. The company's research and development, brand building, and sales markets for the first and second phases of its prepared foods projects have been steadily advancing. Production capacity for prepared foods is gradually being released, with processing volumes increasing step by step, leading to higher sales volumes and revenues. The company continues to iterate new products to enrich its product mix, intensify brand promotion, and constantly expand diverse sales channels such as catering, supermarkets, and group meals. At the same time, leveraging its advantages across the entire industry chain, it implements refined operations, optimizes feed formulas, improves farming output, upgrades processing techniques, and effectively controls raw material and production processing costs, further boosting operating profit.

Xiantan Co. announced that June chicken product sales revenue reached 541 million yuan, up 19.12% year-on-year and up 5.09% month-on-month. Corresponding sales volume was 58,600 tonnes, up 10.96% year-on-year and up 6.96% month-on-month. Among this, the poultry farming and processing segment achieved chicken product sales revenue of 450 million yuan and sales volume of 52,600 tonnes, up 9.05% and 5.67% year-on-year respectively, and up 5.81% and 6.32% month-on-month respectively. The food processing segment achieved chicken product sales revenue of 92 million yuan and sales volume of 5,900 tonnes, up 117.58% and 99.59% year-on-year respectively, and up 1.73% and 12.97% month-on-month respectively. The company stated that the research and development, brand building, and market channel layout for the first and second phases of the prepared foods project continue to advance steadily, with related product capacity gradually being released, driving both sales volume and revenue of processed products higher.