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China Food's revenue is projected to grow by 3% to 22.1 billion yuan in 2025, with Chairman Qing Lijun holding a master's degree from Peking University.
China Foods (00506) announced its annual results for the year ending December 31, 2025, on March 24.
In 2025, China Foods’ revenue was HKD 22.07 billion, up 2.7% year-on-year; gross profit margin was 37.1%, a decrease of 0.7 percentage points compared to the previous year; adjusted EBIT was HKD 1.979 billion, up 6.1%; adjusted EBITDA was HKD 2.872 billion, up 5.5%; attributable net profit for the year was HKD 862 million, an increase of 0.17%. The proposed final dividend is HKD 0.154 per share.
According to Rui Cai Society, China Foods Chairman Qing Lijun is a post-70s born, with extensive experience in beverage production, marketing, strategic planning, finance, public relations, and comprehensive management.
Qing Lijun, born in 1970, was appointed Chairman of China Foods’ Board of Directors in September 2022; and has served as an executive director and managing director since January 2020. He resigned as managing director on January 6, 2025, and no longer serves as Chairman of the Executive Committee under the Board; he has been transferred from an executive director to a non-executive director.
Qing Lijun is currently Deputy General Manager of COFCO Group Co., Ltd., non-executive director and Chairman of China Mengniu Dairy Co., Ltd., and Chairman of COFCO Coca-Cola Beverages Ltd., a subsidiary in which the company holds 65% equity. Qing Lijun joined COFCO Group and/or its subsidiaries in July 1993, holding various positions including CEO of COFCO Coca-Cola Beverages, Director of Strategy Department at COFCO Group, General Manager of COFCO Coca-Cola Beverages (Shandong) and (Beijing) Ltd., and Vice General Manager of Jilin COFCO Coca-Cola Beverages. He graduated from Renmin University of China with a Bachelor’s degree in Economics and from Guanghua School of Management at Peking University with a Master’s degree in Business Administration.