Shuanghui Development's 2025 Net Profit Increases 2.3% to 5.1 Billion Yuan, President Ma Xiangjie's Salary Rises to 5.91 Million Yuan

Shuanghui Development (SZ000895) released its 2025 annual report on March 24.

In 2025, Shuanghui Development achieved operating revenue of 59.274 billion yuan, a year-on-year decrease of 0.48%; net profit attributable to shareholders of the listed company was 5.105 billion yuan, up 2.32% year-on-year; net profit attributable to shareholders after deducting non-recurring gains and losses was 4.939 billion yuan, up 2.63% year-on-year.

Shuanghui Development’s distribution model includes agency sales and direct sales. As of the end of December 2025, the company had 22,427 distributors, an increase of 1,563 compared to the beginning of the year, a growth of 7.49%. Among them: 7,658 south of the Yangtze River, an increase of 6.75% from the beginning of the year; 14,769 north of the Yangtze River, an increase of 7.88%. Payments to distributors are mainly settled with advance payment before delivery, with some qualified customers granted credit limits within accounts receivable.

According to Rui Cai Society, the president of Shuanghui Development is 54-year-old Ma Xiangjie, a senior economist and senior engineer.

Information shows that Ma Xiangjie holds a bachelor’s degree in engineering and a master’s degree in engineering. He has served as factory director of the company’s flavoring materials branch, general manager of Luohe Shuanghui Haiying Seasoning Food Co., Ltd., general manager of Luohe Tianrui Biochemical Co., Ltd., managing director of Luohe Shuanghui Food Sales Co., Ltd., deputy general manager of the fresh products division, general manager of the comprehensive division, general manager of the fresh products division, and vice president of the company. He is currently an executive director of Wanzhou International Limited, director of Xiongyu Investment Limited and Xingtai Group Limited, executive director and general manager of Luohe Huizhilun Information Technology Co., Ltd., and serves as director and president of Shuanghui Development, as well as director of several subsidiaries and affiliates of Wanzhou International Limited and Shuanghui Development.

Data from Eastmoney shows that from 2021 to 2025, Ma Xiangjie’s compensation was 9.593 million yuan, 5.657 million yuan, 5.548 million yuan, 5.706 million yuan, and 5.910 million yuan, respectively.

Related company: Shuanghui Development SZ000895