All with one mind to celebrate Qianwei’s future - Qianwei Yangchu was officially listed on the A-share market!

Oct 29, 2021 Memorabilia

At 9:25 AM, Sep 6, as the listing bell sounded at the ceremony of "Cloud Clanging" in Zhengzhou Hi-tech Industrial Development Zone, Qianwei Yangchu was officially listed on the Main-board Market of Shenzhen Stock Exchange. The stock abbreviation is "Qianwei Yangchu", and stock code is "001215". Qianwei Yangchu passed the review of CSRC on Jul 8 this year, and received IPO approval from China Securities Regulatory Commission on Aug 13. On the morning of Sep 6, Qianwei Yangchu's stock was officially listed on the Main-board Market of Shenzhen Stock Exchange.

As of 15:00 Beijing time on the same day, soon after the market was open, Qianwei Yangchu's stock rose to the daily limit 22.62 yuan per share, with a total market value of 1.925 billion yuan.

As the catering supply chain leader in the field of quick-frozen rice and flour products and the first listed company in "catering supply chain", Qianwei will play a more stable leading role in the industry.

Sun Jian, Board Chairman of Qianwei Yangchu, said: "The public listing in A-share is a milestone in Qianwei Yangchu's development. Listing is not the end, but a new start. The company will take entering the capital market as an opportunity to continuously improve corporate governance, enhance business capabilities, strictly control product quality, achieve further leapfrog development of the company, and return to the society, shareholders, and employees with excellent performance."

Qianwei Yangchu was established in Zhengzhou City, Henan Province in 2012. It is mainly engaged in the R&D, production and sales of quick-frozen rice and flour products for catering enterprises, and it is a quick-frozen food company focusing on business customers early in the industry.

After years of innovation and deep cultivation, Qianwei Yangchu has developed initiatively the quick-frozen food and technical support system that adapts to the processing technology of catering enterprises, kitchen equipment and chefs’ operating habits, as well as the service system of quick response to the needs of catering users, gradually forming its series of products mainly in quick-frozen rice and flour products, with Chinese characteristics and rich categories, and popular among the people.

Driven by "innovation + service + specialty + capital", Qianwei Yangchu will firmly grasp the industry trend of catering enterprise chaining, keep its rapid growth, and hold its leading role in the catering supply chain.

In the future, relying on unceasing R&D, innovation and improvement of the quality of products, Qianwei Yangchu will keep a foothold and dig deep in the field of catering supply chain to provide catering customers with more customized semi-finished food products.