Jiangsu Hengshun Vinegar-Industry Co Ltd

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Hengshun Vinegar's 2026 interim net profit reaches 121 million yuan, up 9.21% year-on-year

Hengshun Vinegar released its 2026 interim report, with net profit attributable to the parent company of 121 million yuan, up 9.21% from the same period last year. Total operating revenue was 1.224 billion yuan, up 8.79% year-on-year, achieving growth for two consecutive years. Net cash outflow from operating activities was 8.3856 million yuan, narrowing by 33.8992 million yuan compared with the same period last year. The company's latest asset-liability ratio was 17.22%, gross margin was 36.08%, and diluted earnings per share was 0.11 yuan.

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Hengshun Vinegar Appoints Wu Mingjie as Chief Financial Officer

Hengshun Vinegar announced on August 12, 2026, that the 15th meeting of the company's ninth board of directors approved the appointment of Wu Mingjie as the company's chief financial officer. Wu Mingjie previously served as deputy manager and manager of the financial management department of Zhenjiang Transportation Industry Group, and currently serves as a director of Zhenjiang Industrial Investment Holding Group and a director of Zhenjiang State-owned Investment Holding Group.

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Hengshun Vinegar Independent Director Dong Maoyun Resigns

Hengshun Vinegar announced that independent director Dong Maoyun has submitted a written resignation due to work arrangements, stepping down from the roles of independent director, chairman of the board's compensation and assessment committee, and member of the nomination committee and audit committee. After resigning, he will no longer hold any position in the company. Dong Maoyun's resignation will cause the proportion of independent directors on the board to fall below one-third. His resignation will take effect after the shareholders' meeting elects a new independent director, and until then, Dong Maoyun will continue to perform his duties as an independent director.

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Hengshun Vinegar's Shareholder Gift Campaign Backfires, Exposing Weaknesses in Investor Relations Management

Hengshun Vinegar's physical gift campaign for shareholders has sparked public controversy due to chaotic processes and repeated rule changes, exposing deep governance weaknesses in investor relations management at some listed companies. The campaign ended on June 30, but some users still report not receiving the Hengshun Vinegar 2026 Organic Series New Product Gift Pack, valued at about 60 to 100 yuan. The campaign initially attracted a large number of shareholders with low barriers to entry, but then hastily raised the threshold after problems like fraudulent claims and duplicate redemptions emerged, which in turn created new issues such as vague rules, lack of customer service, and insufficient inventory, leading to widespread complaints from minority shareholders on social media. In stark contrast to well-received shareholder gift campaigns by other listed companies like Zhongjing Food, Delisi, and Wufangzhai, Hengshun Vinegar's move has eroded shareholder trust and damaged its brand credibility.

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Hengshun Vinegar Completes Industrial and Commercial Registration Change, Registered Capital Changed to 1.104669668 Billion Yuan

Hengshun Vinegar recently completed industrial and commercial registration changes and the filing of its articles of association, obtaining a renewed business license from the Zhenjiang Market Supervision Administration. Its registered capital has been changed to 1.104669668 billion yuan. The company's legal representative remains Gao Yinong, and its business scope covers the production and sale of vinegar, soy sauce, compound seasonings and other condiments, as well as food machinery processing, import and export trade, and other operations.

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