Dahu Co., Ltd. (600257.SH) plans to change the full name to “Dahu Health Industry Co., Ltd.”

Zhitong Finance App News, Dahu Co., Ltd. (600257.SH) issued an announcement. In order to better meet the company's development strategy of “integrating health product resources, steadily developing the healthcare industry, and gradually expanding upstream and downstream of the medical industry”, and to truly and accurately convey the company's business development status and development ideas to continue to expand into the health industry, the company's board of directors plans to change the full name of the company to “Dahu Health Industry Co., Ltd.”

The company's full name was changed mainly because the company's traditional aquaculture industry's large surface farming resources have been reduced to two lakes and two reservoirs, and lost assets such as breeding and fresh turtle have been divested one after another. As a result, the operating income of farmed aquatic products has been drastically reduced. While the company's overall operating income base has declined, the revenue scale of the medical and aquatic products processing business has increased year by year in line with market demand, and the company's main business revenue contributions have changed structurally. In 2024, the revenue share of each business sector in order from highest to lowest was medical treatment, aquatic products processing, and large surface water release. Brew liquor, put large amounts of water in it The farming business (including fresh fish, fresh hairy crabs, and excluding fresh cuttlefish) accounts for 14.72% of sales, while fresh fish stocked on large surfaces accounts for only 7.14% of sales. It can be seen from this that the company's large surface farming business is no longer the main source of revenue for the company's operations, and the word “aquaculture” in the company name no longer accurately reflects the company's current business structure.