New Stock News | It is reported that Guangdong Haid Group (002311.SZ) has selected investment banks to arrange its listing on the Hong Kong Stock Exchange.

According to reports, Guangdong Haid Group (002311.SZ) has selected banks to arrange for its listing in Hong Kong. The report quoted anonymous sources as saying that Guangdong Haid Group is in discussions with CICC, GF SEC, and J.P. Morgan on the Hong Kong listing arrangements, which could happen as soon as next year. However, sources familiar with the matter also emphasized that the discussions are still ongoing, and details such as issuance size and timing may still change. Guangdong Haid Group was listed in Shenzhen in 2009. Information on the Guangdong Haid Group website shows that the company was established in 1998, has over 40,000 employees, and operates in modernized agricultural and animal husbandry industries such as animal nutrition, animal breeding, animal health vaccines, intelligent farming, and food processing. Recently, Guangdong Haid Group released its third-quarter report for 2025, with a total operating income of 96.094 billion RMB, a year-on-year increase of 13.24%. Net profit attributable to shareholders of the listed company was 4.142 billion RMB, a year-on-year increase of 14.31%. Net profit attributable to shareholders of the listed company excluding non-recurring gains and losses was 4.177 billion RMB, a year-on-year increase of 18.71%. Basic earnings per share were 2.49 RMB. It is worth mentioning that in October of this year, Guangdong Haid Group announced that it plans to spin-off its controlling subsidiary, Haida Holdings, and list it on the Main Board of the Stock Exchange of Hong Kong.