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Beijing Sanyuan Foods (600429.SH): plans to increase capital to Hong Kong Sanyuan by no more than 12 million euros.
On March 28, Gelonghui reported that Beijing Sanyuan Foods (600429.SH) announced that in order to complete the acquisition of the St Hubert project in France, in 2018, the company's wholly-owned subsidiary, Hong Kong Sanyuan Foods Co., Ltd. (referred to as "Hong Kong Sanyuan"), applied for a loan from Financial Institutions, which currently has a loan balance of 0.13 billion euros. Since Hong Kong Sanyuan has no other Business apart from holding shares in HCo Lux S.àr.l. (SPV (Luxembourg)), the company's eighth Board of Directors' thirty-eighth meeting agreed for the company to increase its capital to Hong Kong Sanyuan with its own funds not exceeding 12 million euros to pay for its loan interest.
Beijing Sanyuan Foods (600429.SH): Actively layout the operation of self-media matrix accounts on diverse platforms such as Douyin, Xiaohongshu, and WeChat Video Accounts.
Gelonghui, January 21丨Beijing Sanyuan Foods (600429.SH) stated on the interactive platform that the company is actively establishing a media matrix operation on multiple platforms such as Douyin, Xiaohongshu, and WeChat Video Accounts, with parent and subsidiary brands covering multiple platforms and accounts. Official accounts like "Sanyuan Foods" and "Sanyuan Meiyuan" have already settled on the Xiaohongshu platform.
2024 Annual Results Forecast of Sanyuan Co., Ltd.
Beijing Sanyuan Foods (600429.SH): The net profit for 2024 is expected to decrease by 74% to 78%.
Gelonghui, on January 17, announced that Beijing Sanyuan Foods (600429.SH) has released its performance forecast for the year 2024. The company anticipates that the net income attributable to the owners of the parent company for 2024 will be between 52.2 million and 62.6 million yuan, representing a decrease of 180.07 million to 190.47 million yuan compared to the same period last year (statutory disclosed data), reflecting a year-on-year decline of 74% to 78%. Compared to the same period last year (retrospective adjustment data), the decrease is expected to be between 180.32 million to 190.72 million yuan, also indicating a year-on-year reduction of 74% to 79%. The company forecasts net income attributable to the owners of the parent company for 2024.
Sanyuan Co., Ltd. 2024 Third Quarter Report
Sanyuan Co., Ltd. operating data announcement for the first three quarters of 2024
