Ganyuan Foods said in an investor relations event that the comprehensive gross margin for the third quarter of 2026 increased by 6.24 percentage points over the second quarter. The main reasons include the company strengthened channel discount control and optimized promotion pace; continued deepening cooperation with high-growth channels, which led to a month-on-month increase in revenue scale in the third quarter, and the fixed cost per unit was diluted; and the cost of some raw materials declined slightly month-on-month in the third quarter. The company will then promote the steady restoration of gross margin through measures such as product structure upgrades, channel efficiency optimization, and supply chain cost control.

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