ANJOY FOOD (02648) saw its shares rise more than 4% in late trading. As of the latest update, the stock was up 3.85%, trading at HK$83.6 with a turnover of HK$80.1917 million. The company recently completed the transition to its sixth board of directors and the appointment of its senior management team. In the first quarter, ANJOY FOOD reported revenue of RMB 4.71 billion, a year-on-year increase of 30.84%. Net profit attributable to shareholders reached RMB 563 million, up 42.74% year-on-year, while adjusted net profit was RMB 525 million, representing a 53.04% increase. Both revenue and net profit showed growth, with net profit growth outpacing revenue growth. Analysts noted that the company's operational indicators continued to improve in the first quarter, with strategic implementation exceeding expectations. As price competition in the industry eases, ANJOY FOOD has taken the lead in completing its strategic transformation, leading to a sustained recovery in profitability. The company is building medium- to long-term growth potential through four key drivers: new and upgraded product launches, expansion of the sausage product category, introduction of a halal brand, and overseas channel development.