---
title: "603866.SH (603866.SH) — Related News"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603866.SH/news.md"
symbol: "603866.SH"
name: "603866.SH"
parent: "https://longbridge.com/en/quote/603866.SH.md"
datetime: "2026-05-21T22:33:06.997Z"
locales:
  - [en](https://longbridge.com/en/quote/603866.SH/news.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603866.SH/news.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603866.SH/news.md)
---

# 603866.SH (603866.SH) — Related News

### [From supermarket shelves to freshly baked stores, what are the odds for Toly Bread?](https://longbridge.com/en/news/286974259.md)
*2026-05-19T14:05:07.000Z*
> Toly Bread opened its first freshly baked physical store, "Toly Outlet," in Shenyang, focusing on fresh-made bread and d

### [[Huachuang Food and Beverage] Toly Bread: Revenue decline has been narrowing, waiting for the operational turning point](https://longbridge.com/en/news/284713636.md)
*2026-04-30T06:47:52.000Z*
> Toly Bread released its 2025 annual report and 2026 first quarter report, with total revenue of 5.448 billion yuan in 20

### [Advertising expenses surged while sales fell, Toly Bread's revenue and net profit both declined](https://longbridge.com/en/news/284575886.md)
*2026-04-29T12:35:09.000Z*
> Toly Bread's 2025 annual report shows revenue of 5.448 billion yuan, a year-on-year decrease of 10.5%; net profit attrib

### [Three consecutive declines in revenue, profits halved, who is killing the "Bread King" that once earned 6 billion annually?](https://longbridge.com/en/news/284475420.md)
*2026-04-29T01:33:25.000Z*
> Toly Bread announced its 2025 financial report, with operating revenue of 5.448 billion yuan, a year-on-year decrease of

### [Toly Bread, the nightmare of influencer baking](https://longbridge.com/en/news/277901852.md)
*2026-03-05T08:10:00.000Z*
> Toly Bread has performed outstandingly in the high-end bread market, leading many influencer bakeries and ordinary baker

### [91-year-old Shenyang bread tycoon cashes out 200 million](https://longbridge.com/en/news/277462639.md)
*2026-03-02T11:09:17.000Z*
> 91-year-old former Shenyang tycoon Wu Zhigang and his daughter-in-law Xiao Shuyan plan to reduce their holdings in Toly 

### [The 91-year-old founder and his daughter-in-law reduced their holdings to cash out 260 million, further worsening the situation for Toly Bread](https://longbridge.com/en/news/277495796.md)
*2026-03-02T00:20:42.000Z*
> The 91-year-old founder of Toly Bread, Wu Zhigang, and his daughter-in-law, Xiao Shuyan, reduced their holdings, cashing

### [How can the compliance reduction of elderly founders affect the operational foundation of Toly Bread?](https://longbridge.com/en/news/277269770.md)
*2026-02-28T02:35:24.000Z*
> The founder of Toly Bread (603866), Wu Zhigang, and his concerted action partner, Xiao Shuyan, announced a shareholder r

### [The 91-year-old founder cashes out another 260 million, has Toly Bread been dragged down by "familization"?](https://longbridge.com/en/news/277228821.md)
*2026-02-27T13:55:12.000Z*
> Toly Bread founder Wu Zhigang plans to reduce his holdings by nearly 260 million yuan, raising market concerns about the

### [From sporadic reductions to family exit, has the cash-out logic of Toly Bread's actual controller changed?](https://longbridge.com/en/news/277315401.md)
*2026-02-27T09:08:14.000Z*
> The actual controller of Toly Bread, Wu Zhigang, and his family have significantly accelerated their reduction in holdin