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Easyknit defends Best Food stake buy, cites 2025 turnaround signs

PUBT·08/11/2026 08:53:54
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Easyknit defends Best Food stake buy, cites 2025 turnaround signs
  • Easyknit issued a supplemental statement backing its open-market purchase of Best Food Group listed securities, citing improved operating and financial trends.
  • Best Food reported total system sales of RMB 3.74 billion in 2025, up 7% year over year; revenue was RMB 399.2 million.
  • Loss narrowed to RMB 9.2 million from RMB 257.9 million; net liabilities fell to RMB 152.5 million from RMB 220.2 million.
  • Board highlighted a 1,149-store network, a partnership-led “Shendianbao” model, long-term backing from Hony Capital.
  • Directors said the investment targets long-term capital appreciation despite no dividends declared in the past two years.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Easyknit International Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260811-12279798), on August 11, 2026, and is solely responsible for the information contained therein.