Yihai International Holding (HKG: 1579) proposed annual caps for sales to affiliate Haidilao Group of 2.34 billion yuan in 2027, 2.82 billion yuan in 2028, and 3.45 billion yuan in 2029, according to a Monday filing with the Hong Kong Stock Exchange.
The proposed 2027 sales ceiling of 2.34 billion yuan is significantly lower than the 3.99 billion yuan cap established for 2026. Yihai recorded sales to Haidilao of 1.68 billion yuan in 2025 and 925.6 million yuan in the first half of 2026.
Shares of the hot pot condiment maker fell over 4% in recent trade.
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