The major shrimp producing countries such as India, Vietnam, and Thailand are all facing supply shortages, coupled with rising interest rates and warehousing costs, leading to tight global shrimp finished product inventories.

In 2023, the scale of China's pre-made seafood market reached 126 billion yuan, a year-on-year increase of 20.3%. With the support of both supply and demand, the scale of China's pre-made seafood market is expected to exceed 150 billion yuan in 2024.

In 2023, China was the fastest-growing market for Atlantic salmon consumption in the world, consuming a total of 108,128 tons of Atlantic salmon, a year-on-year increase of 32,597 tons or 43%, making the Chinese Atlantic salmon market the eighth largest market in the world

According to statistics on fishery production in 20 provinces (regions, cities) across the country, from January to July 2024, the total output of aquatic products in China was 34.447 million tons, a year-on-year increase of 4.07%.

In the first half of 2024, the group's revenue was approximately RMB 800 million, a year-on-year increase of approximately 6.8%; The gross profit is approximately RMB 195 million, with a gross profit margin of approximately 24.4%.

Guolian Aquatic released its 2024 semi-annual report, achieving operating income of 2.022 billion yuan in the first half of 2024, a year-on-year decrease of 25.02%; and achieving net profit of 17.5406 million yuan, a year-on-year increase of 109.41%.