Wanxiang Denong: Net profit in 2025 was 5.5429 million yuan, a year-on-year decrease of 89.47%.

The announcement of Wanxiang Denong shows that the operating income in 2025 was 198 million yuan, a year-on-year decrease of 42.30%. Net profit was 5.5429 million yuan, a year-on-year decrease of 89.47%. The main reason for the decrease in operating income is the high degree of homogenization of corn seed varieties in the market, severe supply and demand contradictions, and intensified competition, resulting in a decrease in both the quantity and selling price of corn seed sales during the reporting period. The main reason for the decrease in profit is the decrease in revenue leading to a decrease in profit.