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Here's What's Concerning About Zhejiang Yiming Food's (SHSE:605179) Returns On Capital
Private Companies Are Zhejiang Yiming Food Co., Ltd.'s (SHSE:605179) Biggest Owners and Were Hit After Market Cap Dropped CN¥678m
Does Zhejiang Yiming Food (SHSE:605179) Have A Healthy Balance Sheet?
Zhejiang Yiming Food (605179.SH): Plans to invest 0.132 billion yuan to build a breeding base with a scale of 4,500 heads.
On January 24, Gelonghui reported that Zhejiang Yiming Food (605179.SH) announced that the project was originally planned to be located in Shanglan Village, Liufeng Township, Taishun County, Wenzhou City for the construction of a breeding farm. However, during the project's advancement, due to confirmation of the construction area being related to water source protection, the project could not be implemented as originally planned. In this case, thanks to the proactive coordination of the Taishun County People's Government, the project construction site has been changed from Shanglan Village, Liufeng Township, Taishun County, Wenzhou City to the Shanqian Plot of Qiaodong Village, Xuexi Township, Taishun County, Wenzhou City. Based on the needs of the company's strategic development, to better optimize the company's strategic layout and enhance the proportion of the company's milk source, as well as the procurement of fresh milk.
Zhejiang Yiming Food (605179.SH): Yicheng Coffee has already settled in over 100 locations and plans to add more than 500 locations in the future.
On January 6, Gelonghui reported that Zhejiang Yiming Food (605179.SH) stated on the investor interaction platform that the company currently has no related plans. Regarding its layout in the coffee field, the company has launched the "Yicheng Coffee" project, focusing on providing affordable high-quality milk coffee products to consumers. So far, Yicheng Coffee has settled in over 100 locations and plans to add more than 500 additional locations in the future to cover more markets. The company will continue to focus on the development of its core Business and enhance market competitiveness through independent innovation and brand building.
Returns On Capital At Zhejiang Yiming Food (SHSE:605179) Paint A Concerning Picture
Zhejiang Yiming Food Co., Ltd.'s (SHSE:605179) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
