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Chen Ke Ming Food Manufacturing Co Ltd

Chen Ke Ming Food Manufacturing Co., Ltd. researches, develops, produces, and sells rice and flour products in China through its Food Processing and Pig Farming segments. Its products include Chinese noodles, convenience foods such as non-fried instant noodles, cooked wet noodles, container noodles, and self-heating products, as well as flour and flour products, rice and rice products, fresh staples, and edible oil under the Chen Keming, Jinmaichu, Laiwanmian, and Wugu Daocheng brands. The company also engages in grain planting and storage, pig breeding, farming, slaughtering, and refrigeration, food processing, trade, road transport, and technology services, and distributes products online via e-commerce platforms. Formerly known as Kemen Noodle Manufacturing Co., Ltd., it changed its name to Chen Ke Ming Food Manufacturing Co., Ltd. in July 2021; it was founded in 1984 and is headquartered in Yiyang, China.

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Kemen Food's 2026 interim report shows net loss of 46.43 million yuan, swinging from profit to loss

Kemen Food released its 2026 interim report, with total operating revenue of 2.136 billion yuan, a slight year-on-year decline of 0.08%. Net profit attributable to the parent company was a loss of 46.43 million yuan, swinging from profit to loss and down 147 million yuan from the same period last year, a drop of 146.28%. Net cash inflow from operating activities was 71.93 million yuan, down 76.88% year-on-year. The company's asset-liability ratio rose to 61.72%, gross margin fell to 15.01%, return on equity was negative 2.13%, and diluted earnings per share was negative 0.15 yuan. The number of shareholders was 23,700, and the top ten shareholders held 45.25% of total share capital.
002661.CS · Capital · Negative Net loss of 46.43 million yuan, swinging from profit to loss, with revenue slightly down and margins deteriorating.
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Keming Food Subsidiary's July Hog Sales Revenue Up 66.65% Month-on-Month

Keming Food announced that its controlling subsidiary, Xingjiang Muge, sold 77,000 hogs in July 2026, generating sales revenue of 50.5391 million yuan, up 66.65% month-on-month and 42.03% year-on-year. Sales volume for the month rose 53.90% month-on-month and 83.84% year-on-year. From January to July 2026, Xingjiang Muge sold a total of 453,100 hogs, up 33.57% year-on-year, with cumulative sales revenue of 337 million yuan, down 7.54% year-on-year. The company stated that the month-on-month increase in July sales volume was due to adjustments in sales strategy, while the year-on-year increase was due to the gradual release of hog production capacity. The year-on-year and month-on-month growth in sales revenue was mainly driven by the increase in sales volume.
002661.CS · Demand · Positive July hog sales revenue up 66.65% MoM and 42.03% YoY on higher sales volume.
阿克苏兴疆牧歌食品股份有限公司 · Demand · Positive Subsidiary's July sales volume and revenue rose sharply, driven by sales strategy and capacity release.
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Kemen Food major shareholder Zhongxiangtai completes share increase of nearly 50 million yuan

Kemen Food shareholder holding over 5%, Nanxian Zhongxiangtai Food Co., Ltd., has completed its share increase plan, accumulating an additional 6.5288 million shares, representing 1.96% of the company's total share capital, with a total increase amount of 49.9772 million yuan. The increase plan was implemented within six months starting from May 8, 2026, with the originally planned increase amount set at no less than 30 million yuan and no more than 60 million yuan. After the increase, the controlling shareholder and persons acting in concert hold a combined 128 million shares, accounting for 38.27% of the total share capital. The company stated that since 2021, the controlling shareholder and persons acting in concert have continuously increased their holdings through methods such as centralized bidding and participation in non-public offerings, demonstrating long-term confidence.
002661.CS · Capital · Positive Major shareholder completed share increase of nearly 50 million yuan, signaling confidence.
南县中香泰食品有限公司 · Capital · Positive The shareholder itself executed the share increase plan, demonstrating its own financial commitment.
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Keming Food expects a loss of 35 million to 60 million yuan in the first half of 2026

Keming Food disclosed its earnings forecast, expecting a net loss attributable to shareholders of 35 million to 60 million yuan in the first half of 2026, compared with a profit of 100 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 30 million to 55 million yuan, compared with a profit of 93.0387 million yuan in the same period last year. The company said that a sharp year-on-year decline in hog selling prices led to a drop in profits from its farming business, while the food segment saw its gross margin fall due to fluctuations in raw material costs.
002661.CS · Pricing · Negative Sharp year-on-year decline in hog selling prices and raw material cost fluctuations causing losses.
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Kemen Food's Holding Subsidiary Sees June Hog Sales Volume Drop 14.92% Year-on-Year, Revenue Falls 47.95%

Kemen Food announced that in June 2026, its holding subsidiary Aksu Xingjiang Muge Food sold 50,100 hogs, down 18.02% month-on-month and 14.92% year-on-year. Sales revenue was 30.33 million yuan, down 11.84% month-on-month and 47.95% year-on-year. In the first half of 2026, Xingjiang Muge sold a total of 376,000 hogs, up 26.48% year-on-year, with cumulative sales revenue of 287 million yuan, down 12.90% year-on-year. The announcement noted that the year-on-year decline in June hog sales revenue was mainly due to falling hog prices.
阿克苏兴疆牧歌食品股份有限公司 · Demand · Negative Company's own June hog sales volume and revenue fell sharply year-on-year due to falling hog prices.
002661.CS · Demand · Negative Subsidiary's June hog sales volume and revenue fell sharply year-on-year due to falling hog prices.
LEANHOG · Supply · Negative Hog sales volume decline and falling prices indicate weak demand or oversupply, bearish for hog futures.
USDCNY.FOREX · Monetary · Positive Falling hog prices in China may signal deflationary pressure, potentially weakening CNY relative to USD.
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