Zhu Laoliu: The annual soybean procurement task was completed at the beginning of the year, with soybean stockpiles in place. This year's fluctuations in the gross profit margin of fermented bean curd will not be significant.

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On March 24th, Zhu Laoliu released the Investor Relations Activity Record. It disclosed that when discussing the trend of soybean raw material prices and their impact on 2026, Zhu Laoliu responded that soybean prices have been rising over the past year, from 4,400 yuan/ton at the beginning of 2025 to currently 5,000 yuan/ton. The company had completed its soybean procurement for the entire year by early 2026 and has soybean inventory, so the fluctuation in brine tofu gross profit margin in 2026 will not be significantly affected.

(Company Announcement)

(Edited by: Wang Can, Lin Chen)

Keywords: Food

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