Springsnow Food Group Co Ltd

Chunxue Food announced its 2026 semi-annual report on August 27. In the first half of the year, it achieved total operating revenue of 1.351 billion yuan, up 9.79% year on year. Net profit attributable to the parent company was 20.4599 million yuan, up 43.31% year on year. Net profit after deducting non-recurring items was 18.6284 million yuan, up 38.39% year on year. Net cash flow from operating activities was 62.7795 million yuan, up 1,418.70% year on year. Basic earnings per share were 0.1 yuan, and the weighted average return on equity was 1.84%. The company is mainly engaged in the research and development, production, processing and sales of white-feathered chicken food products. As of the end of the first half of the year, the company's inventory book value was 387 million yuan, accounting for 34.83% of net assets, an increase of 37.8048 million yuan from the end of the previous year.

Chunxue Food announced plans to repurchase shares through centralized bidding, with a buyback amount ranging from 7.8 million to 15.47 million yuan. The repurchase price will not exceed 13 yuan per share, and the company expects to buy back between 600,000 and 1.19 million shares, representing 0.30% to 0.595% of its total share capital. The buyback period is 12 months after shareholder approval, and the repurchased shares will be used to reduce registered capital. In the first quarter of 2026, the company achieved revenue of 652 million yuan and a net profit attributable to shareholders of 8.6 million yuan.