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The latest announcement is out from Anjoy Foods Group Co., Ltd. Class H ( (HK:2648) ).
Anjoy Foods reported 2025 operating income of RMB16.19 billion, up 7.05% year on year, while net profit attributable to shareholders fell 8.46% to RMB1.36 billion, amid a 19.5% expansion in total assets and a similar rise in net assets. The board proposed a final dividend of RMB1.44 per share, signalling continued shareholder returns despite margin pressure.
Management highlighted strong market response to new product lines such as hot-pot assortments, shrimp paste and premium sausage ranges, supported by a strategy of continuous product iteration and channel optimization. The group is deepening cooperation with new retail platforms, pushing omnichannel distribution, and leveraging social media to shape consumption scenarios and drive demand.
Anjoy is also pursuing aggressive growth initiatives, including the acquisition of Jiangsu Ding Wei Tai to build a frozen bakery division and the launch of the “Anzhai” project targeting domestic and overseas Halal food markets. Following its July 2025 Hong Kong Main Board listing, which made it China’s first A+H listed quick-frozen food company, Anjoy is using the H-share platform to advance its internationalization, including export growth and potential overseas M&A, reinforcing its leadership in the domestic quick-frozen food industry.
The most recent analyst rating on (HK:2648) stock is a Buy with a HK$91.00 price target. To see the full list of analyst forecasts on Anjoy Foods Group Co., Ltd. Class H stock, see the HK:2648 Stock Forecast page.
More about Anjoy Foods Group Co., Ltd. Class H
Anjoy Foods Group Co., Ltd. is a PRC-based quick-frozen food producer, focusing on customized, high-quality products for mass consumers in the domestic market. The company has built standardized, scalable operations and an omnichannel sales network spanning traditional distributors, supermarkets, new retail platforms, and e-commerce, while also accelerating international expansion through its A+H listing structure.
Average Trading Volume: 580,266
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$28.95B
Learn more about 2648 stock on TipRanks’ Stock Analysis page.

