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Anjoy Foods Expands with Strategic Acquisitions

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Anjoy Foods Expands with Strategic Acquisitions

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The latest update is out from Anjoy Foods Group Co., Ltd. Class H ( (HK:2648) ).

Anjoy Foods Group Co., Ltd. has announced the acquisition of 70% equity in Jiangsu Ding Wei Tai Food Co., Ltd., a producer of premium cod products and frozen bakery goods, and 100% equity in Ding Yifeng Food (Taicang) Co., Ltd. This strategic move, funded by internal resources, aims to enhance the company’s product and channel structure, supporting its steady growth and industrial expansion. The acquisitions do not require board or shareholder approval and are not considered material asset restructuring, indicating a seamless integration into Anjoy Foods’ operations.

More about Anjoy Foods Group Co., Ltd. Class H

Anjoy Foods Group Co., Ltd. is a company incorporated in the People’s Republic of China, focusing on the production and sale of quick-frozen food, aquatic products, condiments, and meat products. The company is actively expanding its industrial reach and integrating its business operations.

Average Trading Volume: 1,626,372

Current Market Cap: HK$23.99B

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