Xianmeilai hits the first share of aquatic pre-made dishes

Wed, 05/11/2022 - 10:08
Xianmeilai official website

Xianmeilai Food is one of the participants in the pre-made dishes of aquatic products in China. The company's main business is the R&D, production and sales of pre-made dishes of aquatic products, mainly including instant pre-cooked dishes based on shrimp slip and instant pre-made dishes based on shrimp and sashimi. The company's downstream customers include supermarkets such as Wal Mart, Yonghui and RT mart, e-commerce and new retail platforms such as jd.com and HEMA, food processing enterprises such as missing and Wanchai wharf, as well as chain catering and food material enterprises such as Xiabu Xiabu and Guoquan.

In November 2021, Xianmeilai submitted a prospectus to the CSRC to be listed on the main board of Shanghai Stock Exchange. If the listing is successful, Xianmeilai will become the first share of aquatic pre-made dishes. Recently, the company updated the prospectus. In this IPO, Xianmeilai plans to raise 606 million yuan, of which 295 million yuan is used for marine food industrialization project, 171 million yuan is used for frozen food sub packaging and logistics distribution project (phase II), and 140 million yuan is used to supplement working capital.