On August 22, Sanyuan Foods (600429.SH) released its semi-annual report. In the first half of the year, the company achieved revenue of 3.852 billion yuan, a year-on-year decrease of 9.05%, and achieved a net income attributable to the parent company of 0.128 billion yuan, a year-on-year decrease of 40.69%.

Relying on national research and innovation platforms such as the National Maternal and Child Milk Product Health Engineering Technology Research Center, continuous research is conducted in the fields of maternal milk science, maternal and child nutrition health, and dairy product safety and health. Combined with clinical evidence of product efficacy, more dairy products that contribute to nutrition and health throughout the life cycle are introduced. During the reporting period, over twenty new products were launched, including the "Zero Sucrose Yogurt" strawberry cheese and coconut oats flavors, chewy yogurt in strawberry passion fruit and yellow peach mango flavors, the Honor of Kings ice cream in collaboration with Babix, the Babix Platinum and Babix source infant formula milk powder, and customized dairy products for specific customers. Coordinating new product technological innovation, marketing management, and scientific evaluation work to continuously enhance the added value and core competitiveness of new products. Granted invention patents for lactic acid bacteria and applications, continuously creating new productive forces.