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Meinian Health: Huaihua Meinian and five other subsidiaries have not met their performance commitments
Meinian Health announces that the company and its wholly owned subsidiaries acquired six subsidiaries including Huaihua Meinian failed to meet their performance commitments from 2023 to 2025. Among them, Huaihua Meinian achieved a total of 3.8447 million yuan, with a performance commitment of 11.37 million yuan, achieving a rate of 33.81%; Yuncheng Meinian achieved a total of 15.1626 million yuan, with a performance commitment of 18.75 million yuan, achieving a rate of 80.87%; Changde Meinian achieved a total of 1.2058 million yuan, with a performance commitment of 8.4 million yuan, achieving a rate of 14.35%; Dazhou Meinian achieved a total of 0.9978 million yuan, with a performance commitment of 8.4375 million yuan, achieving a rate of 11.83%; Yibin Meinian achieved a total of -0.7955 million yuan, with a performance commitment of 5.4 million yuan, achieving a rate of -14.73%; Shuangliu Meinian achieved a total of 4.1744 million yuan, with a performance commitment of 7.13M yuan, achieving a rate of 58.59%. The main reasons are short-term pressure on local consumption and intensified market competition.