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Express News | The Consumer Concept for pet spending has fluctuated upwards, and Yantai China Pet Foods has reached its daily limit, setting a new historical high.
A-shares movement丨The Pet Economy Sector is strong, Yantai China Pet Foods is nearing a trading halt, with Q1 net profit rising 62.1% year-on-year.
Gelonghui, April 24 | Q1 performance is impressive, Yantai China Pet Foods nearly hit the daily limit, further driving the A-share market's pet economy stocks collectively strengthen, Guibaopet and Hangzhou Haoyue Personal Care rose over 6%, Tianyuan Pet, Lusi Holdings, and Petpal Pet Nutrition Technology rose over 5%. Yantai China Pet Foods announced its performance last night showing that in the first quarter of 2025, the revenue was 1.1 billion yuan, up 25.4% year-on-year; the net income attributable to the parent company was 91.16 million yuan, up 62.1% year-on-year. Guibaopet's total revenue for the first quarter of 2025 was 1.48 billion yuan, up 34.82% year-on-year; the net income attributable to the parent company was 0.204 billion yuan, up 37.68% year-on-year.
Petpal Pet Nutrition Technology (300673.SZ): The main grain from New Zealand is a scarce production capacity, and it is expected that the release of capacity will significantly accelerate in the second quarter.
On April 22, the investor relations activities of Petpal Pet Nutrition Technology (300673.SZ) noted that New Zealand's staple food is a scarce production capacity, currently in a state of capacity ramp-up. It is expected that capacity release will accelerate significantly in the second quarter, which can meet the diverse needs of high-end staple food brands both domestically and internationally, and will also enter the company's own brand matrix, with both cat food and dog food available. It is anticipated that 20% to 30% of production capacity will be released by 2025.
Petpal Pet Nutrition Technology (300673.SZ): Jueyan targets mid-to-high-end customer groups and plans to launch high-end cat food that aligns with its brand tone by 2025.
On April 22, Gelonghui reported that Petpal Pet Nutrition Technology (300673.SZ) recently stated during an investor relations activity that the brand "Jueyan" targets the mid-to-high-end customer group, and plans to launch high-end cat food that aligns with the brand's positioning by 2025. This move stems from the need for brand growth and insights into user demands. Among the existing customer base of Jueyan, the proportion of users with both cats and dogs is relatively high, and it is expected that the launch of cat products will first be driven by the brand's existing loyal customers.
Petpal Pet Nutrition Technology (300673.SZ): The Southeast Asia factory is currently not bearing the tariffs for the USA market.
Gelonghui on April 22 reported that Petpal Pet Nutrition Technology (300673.SZ) recently stated in an investor relations activity that its Southeast Asia factory is currently not subject to tariffs on the USA market. The company will continue to pay close attention to tariff policies and will maintain regular communication with all investors.
Express News | Petpal Pet Nutrition Technology has transferred the Orders from USA customers to be fulfilled by the Southeast Asia factory.