--- title: "With a performance loss exceeding 600 million and violations of information disclosure, LONGDA welcomes its youngest general manager" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/277328705.md" description: "LONGDA is making senior personnel adjustments due to a projected loss exceeding 600 million and violations of information disclosure. Yang Xiaochu has resigned as general manager, and 85-born Liu Jing will take over. The company expects a loss of 620 million to 760 million for the fiscal year 2025, severely impacted by the industry cycle and significant losses in traditional business. Meanwhile, due to information disclosure violations, the Shandong Securities Regulatory Bureau has taken administrative regulatory measures against the company, requiring retrospective adjustments to financial reports. Liu Jing faces the challenge of rebuilding investor trust and addressing internal governance issues" datetime: "2026-02-28T02:58:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277328705.md) - [en](https://longbridge.com/en/news/277328705.md) - [zh-HK](https://longbridge.com/zh-HK/news/277328705.md) --- > 支持的语言: [English](https://longbridge.com/en/news/277328705.md) | [繁體中文](https://longbridge.com/zh-HK/news/277328705.md) # With a performance loss exceeding 600 million and violations of information disclosure, LONGDA welcomes its youngest general manager This image is AI-generated Less than a month after releasing a major loss performance forecast and being penalized by regulators for information disclosure violations, LONGDA quickly made adjustments to its senior management. Recently, LONGDA announced that due to work adjustments, Yang Xiaochu, who held the positions of Chairman and General Manager, resigned as General Manager but will continue to serve as Chairman. Liu Jing, born after 1985, officially took over as the new General Manager. This leadership change at LONGDA comes at a very sensitive time. According to the performance forecast disclosed by LONGDA for the year 2025, it is expected to incur a net profit loss attributable to shareholders of 620 million to 760 million yuan, with the loss margin sharply expanding. In response, LONGDA explained that due to the impact of the industry cycle, the sales price of live pigs and the market price of pork have continued to operate at low levels, resulting in significant losses in traditional business segments, while the company has made provisions for impairment of inventory and biological assets. In addition to performance pressure, compliance issues have also erupted. On January 30 of this year, the Shandong Securities Regulatory Bureau took administrative regulatory measures against LONGDA, discovering that from 2021 to 2024, the company had not stopped capitalizing interest on fixed assets related to convertible bonds after the transfer of investment projects and had capitalized interest on raised funds used for temporary working capital, leading to inaccurate information disclosure in related periodic reports. As a result, LONGDA made retrospective adjustments to its financial reports over the years, and Yang Xiaochu and Chief Financial Officer Zhang Ling were criticized by the Shenzhen Stock Exchange. Meanwhile, the controlling shareholder Lanrun Development and actual controllers Dai Xuebin and Dong Xiang also received regulatory letters for failing to fulfill their public commitments to resolve competition issues in a timely manner. Liu Jing, who has just taken office, was born in 1988 and holds a bachelor's degree. Her resume shows that she has deep ties with the controlling shareholder Lanrun. Liu Jing previously served as the Deputy Director of the Board Office of Lanrun Group Co., Ltd. and Secretary of the Board of Directors of Yunsheng (Chengdu) Medical Technology Co., Ltd., and was already a director and deputy general manager of LONGDA. For Liu Jing, the tasks ahead are not easy. On one hand, she needs to cope with the operational pressure of continuously declining performance, and on the other hand, she must address the historical legacy issues of internal governance and financial compliance. After repeated "missteps" in financial reports, how to rebuild investor trust has become the first hurdle that this new female general manager must overcome ### 相关股票 - [LONGDA (002726.CN)](https://longbridge.com/zh-CN/quote/002726.CN.md) ## 相关资讯与研究 - [CATL's controlling shareholder to donate some A-shares](https://longbridge.com/zh-CN/news/281197776.md) - [Apollo Future Mobility Narrows Annual Loss but Revenue Slumps in 2025](https://longbridge.com/zh-CN/news/281249009.md) - [12:30 ETLOUISIANA FISH FRY LAUNCHES NEW VIDEO SERIES WITH EMERIL LAGASSE AND TROMBONE SHORTY CELEBRATING CAJUN FLAVOR](https://longbridge.com/zh-CN/news/281652235.md) - [China Longyuan Power's Profit, Revenue Decline in 2025](https://longbridge.com/zh-CN/news/281300557.md) - [Dinosaur collagen used to create one-of-a-kind handbag](https://longbridge.com/zh-CN/news/281562253.md)