Processes and sells cured meat products, snacks and frozen meat products to consumers, retailers and wholesalers in China.
20-F for FY2025, filed May 14, 2026The operating subsidiaries are primarily engaged in the processing, sales and distribution of i) cured meat products, including cured pork…View ↗
For the fiscal years ended December 31, 2023, 2024 and 2025, we had total revenue of approximately US$134,068,317, US$144,629,055 and…View ↗
Customers of our operating subsidiaries include third-party distributors, which encompass both retailers and wholesalers, as well as…View ↗
The company earns money by selling cured meat, snacks and frozen meat to distributors and consumers. Business buyers have fixed contract prices and may receive credit; sales are completed when customers accept delivery.
20-F for FY2025, filed May 14, 2026
20-F for FY2025, filed May 14, 2026
FY2025 revenue by product or service (Revenue from sales of products) ↗$135.2M
20-F for FY2025, filed May 14, 2026
$135.2M ↗| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Revenue from sales of cured pork sausages
Sold outright
20-F for FY2025, filed May 14, 2026 |
40%
FY2022: 41%
|
Revenue from sales of cured pork sausages, FY2025
$53.9M Sources
|
Sold outright |
|
Revenue from sales of cured pork meat
Sold outright
20-F for FY2025, filed May 14, 2026 |
11%
FY2022: 15%
|
Revenue from sales of cured pork meat, FY2025
$14.5M Sources
|
Sold outright |
|
Revenue from sales of other cured meat products
Sold outright
|
8.6%
FY2022: 12%
|
Revenue from sales of other cured meat products, FY2025
$11.6M Sources
|
Sold outright |
|
Revenue from sales of snack products
Sold outright
20-F for FY2025, filed May 14, 2026 |
35%
FY2022: 27%
|
Revenue from sales of snack products, FY2025
$47.5M Sources
|
Sold outright |
|
Revenue from sales of frozen meat products
Sold outright
|
5.7%
FY2022: 5.0%
|
Revenue from sales of frozen meat products, FY2025
$7.7M Sources
|
Sold outright |
Customers include distributors, including retailers and wholesalers, and consumers buying through the company’s self-operated stores, online store and other e-commerce platforms. The company also sells through distributors and online platforms.
20-F for FY2025, filed May 14, 2026Customers of our operating subsidiaries include third-party distributors, which encompass both retailers and wholesalers, as well as…View ↗
We, through the operating subsidiaries, have established an extensive sales and distribution network. We primarily sell our products…View ↗
To capitalize on the opportunities presented by China’s rapidly growing e-commerce landscape and meet the demand for convenient shopping…View ↗
Yes. It kept 6 cents of every revenue dollar as net income in FY2025, but spent more cash than it brought in: free cash flow was −$17.7M.
20-F for FY2025, filed May 14, 2026
$10.6MView ↗
20-F for FY2025, filed May 14, 2026
$7.9MView ↗
20-F for FY2025, filed May 14, 2026
−$17.7MView ↗
Flat. Revenue was $135.2M in FY2025, about the same as the $130.8M of FY2022.
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