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Are Strong Financial Prospects The Force That Is Driving The Momentum In HUANLEJIA Food Group CO.,Ltd's SZSE:300997) Stock?
Huanle Home (300997.SZ): The coconut processing project is being promoted and implemented by Vietnam Huanle furniture, and the raw material trade business has been carried out so far.
On November 5th, GeLongHui reported that Huanlejia (300997.SZ) received a specific research inquiry on the progress of the 'company's coconut processing project' on November 5, 2024. The company stated that the coconut processing project is being actively promoted and implemented by its wholly-owned subsidiary Huanlejia in Vietnam. Currently, the project has started raw material trading business and is also actively seeking suitable factory land. Any new developments will be promptly disclosed in a timely manner.
Joyoung Home (300997.SZ): Coconut water products and B-end business currently contribute limited revenue to the company.
Gelonghui November 5th | Happy Home (300997.SZ) was surveyed by specific parties on November 5, 2024, regarding the progress of the company's coconut water products and B-end business. The company stated that the coconut water products are in a highly competitive industry, and the company's coconut water products are still in the nurturing stage. Currently, the company's B-end customers are mainly expanding and covering business through dealers. The contribution of coconut water products and B-end business to the company's revenue is limited at present. A diversified raw material supply system helps the company expand its B-end business, raw material sales, and other businesses.
Happiness Home (300997.SZ): The overall gross margin of the snack specialty chain channel is relatively low.
Gelonghui November 5th | Happigo (300997.SZ) accepted specific inquiries from certain parties on November 5, 2024, regarding the "business progress and gross margin situation in the snack specialty channel". The company stated that from January to September 2024, the company achieved a revenue of 74.6494 million yuan in the snack specialty chain channel. In addition to canned peaches, canned oranges, and other fruit canned products, the company has gradually introduced some beverage products into this channel. The proportion of beverage product revenue in this channel has increased significantly month-on-month. In the future, they hope to use multiple display methods to sell products in this channel.
Joyou Home (300997.SZ): The sales income from the distribution model accounted for 81.31% of the revenue from January to September, occupying an absolute dominant position.
Gelonghui November 5th | Happy Home (300997.SZ) accepted a specific object survey on November 5, 2024, regarding "the main sales channels and network construction of the company?" The company stated that the sales model is mainly distribution, and also utilizes emerging channels such as direct sales, consignment sales, or snack specialty chain stores for sales. From January to September 2024, the distribution model sales revenue accounted for 81.31% of the revenue, holding an absolute dominant position. The company effectively sorted and maintained the terminal network points, improved quality and efficiency, and enhanced the quality and output of effective network points.
Joyoung Home (300997.SZ): has repurchased 5.99% of the shares.
On November 1, Gelonghui announced that as of October 31, 2024, the company used its own funds to repurchase 26,799,955 shares through a special securities account for share repurchases via centralized competitive trading. Among them, 16,773,430 shares were used to maintain the company's value and shareholder rights, and 10,026,525 shares were used for cancellation and reduction of registered capital, totaling 5.9888% of the company's current total share capital. The highest fill price was 15.80 yuan per share, the lowest fill price was 9.47 yuan per share, with a total fill amount of approximately 3.49.
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