Anjoy Foods has targeted convenience-oriented urban consumers with frozen processed seafood.
Anjoy Foods, founded in 2001 and headquartered in Fujian, is a leading Chinese processed food company, mainly engaged in hot pot ingredient products and frozen rice and wheat flour products. It was established by Liu MingMing and was listed on the Shanghai Stock Exchange in February 2017. The company's major shareholders are Xinjiang Guoli Minsheng Equity Investment Co., Ltd, Liu Mingming, and Hong Kong Securities Clearing. Rivals that have direct and indirect competition with Anjoy are Sanquan Food, HaiXin Foods.
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The second quarter of 2022 has just passed, and the S&P 500 has declined almost 20%. At the same time, the Sino-US trading war was upgraded to a higher level during the period. Most China concept stocks, under such an environment, are struggling and trying to find ways to break through. EqualOcean picked 30 mid-cap China concept stocks and analyzed their strategy and estimated performance before the upcoming earning reason, to help our investors find investment targets.
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