JINJIAN CEREALS INDUSTRY plans to increase its investment in its subsidiary JINJIAN INTERNATIONAL TRADE by 90 million yuan

JINJIAN CEREALS INDUSTRY announced that it will increase the capital of its subsidiary JINJIAN GUOMAO by 90 million yuan to optimize its financial structure, improve its credit rating and financing capacity, enhance operational efficiency, and ensure the stability of the industrial chain and the resilience of the supply chain. After the capital increase, the registered capital of JINJIAN GUOMAO will rise to 100 million yuan, and JINJIAN CEREALS INDUSTRY will hold 100% of its shares

A-share agricultural stocks showed unusual movements in the afternoon, with GREAT-SUN hitting the daily limit, followed by gains in Qiule Seed Industry, JINJIAN CEREALS INDUSTRY, Feng'an Co., Ltd., TOP Cloud-agri, and Winall

JINJIAN CEREALS INDUSTRY: Expected to turn a profit in the first half of the year for net profit attributable to the parent company

On July 11th, JINJIAN CEREALS INDUSTRY announced that it expects a net profit attributable to the parent company of 10 million to 13 million yuan in the first half of 2025, achieving a turnaround from loss to profit compared to the same period last year

JINJIAN CEREALS INDUSTRY responded to last year's performance decline: mainly due to the decrease in profits from the agricultural product trading business segment

JINJIAN CEREALS INDUSTRY stated in response to the inquiry letter from the Shanghai Stock Exchange that the net profit for the fiscal year 2024 is expected to be 2.5153 million yuan, a year-on-year decrease of 81.34%. The main reason is the decline in profits from the agricultural product trading business segment, leading to an overall performance decline. The company has completed asset swaps and divested three feed trading subsidiaries, and it is expected that the impact of the agricultural product trading business on performance will significantly decrease in the future

JINJIAN CEREALS INDUSTRY plans to increase its capital by 29 million yuan to its wholly-owned subsidiary

On March 27, 2025, JINJIAN CEREALS INDUSTRY held a board meeting and decided to increase the capital of its wholly-owned subsidiary Hunan Jinjian Grain Reserve Management Co., Ltd. by 29 million yuan. After the capital increase, the registered capital will rise from 48 million yuan to 77 million yuan, and it will still hold 100% equity