Recently, Yuanji Foods submitted its listing application to the Hong Kong Stock Exchange. Its operating figures show a mix of scale expansion and mounting profitability pressure. In 2023 and 2024, the company recorded revenue of RMB 2.026 billion and RMB 2.561 billion, respectively, up 26.4% year over year. Revenue for the first three quarters of 2025 reached RMB 1.982 billion, up 11% year over year. While revenue continued to grow, the growth rate clearly slowed. Profitability fluctuated significantly: net profit fell 15% year over year in 2024 to RMB 142 million, then rebounded to RMB 142 million in the first three quarters of 2025 (matching the full-year 2024 level in just nine months). Adjusted net profit was RMB 192 million, up 31% year over year, with the increase largely driven by a reduction in share-based payment expenses.
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圖像來源，Airbus DS 2026
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从历史的深处把握现在，更能懂得政绩为谁而树。“谋私利”还是“为大公”，政绩的成色天壤之别。说到底，当共产党的“官”，没有特殊身份，只有一种身份，就是人民的勤务员。