China Zhongji Investment completed a targeted investment in "Aipu Shares"
Recently, China Zhongji Investment completed a targeted investment in Appole Flavor Group Co., Ltd. (hereinafter referred to as Appole Shares, stock code: 603020.SH). Established in 1995 and headquartered in Shanghai, Appole Shares is primarily engaged in the research, development, manufacturing, and sales of flavors and fragrances, food ingredients, and food ingredient trading. The company is committed to providing customers with comprehensive food ingredient and flavor solutions. Through the integrated development of its flavor and fragrance and food ingredient businesses, it strives to improve the level of industrialization in China's food industry.
In recent years, with the growth of the national economy and consumption upgrades, the demand for diversified diets has continued to expand, driving the rapid development of the edible flavor and food ingredient industry. After years of development, the company has formed a full industrial chain competitive advantage in flavors and fragrances, with core flavor production capacity under its own control, a full range of fragrance products, and stable and reliable product quality. In addition, the company continues to increase investment in the food ingredient sector, and industrial chocolate and jam have formed technical and production capacity barriers. Under the circumstances where the epidemic at home and abroad has accelerated the reshuffling of the industry, the company's leading advantage has become even more apparent. This fundraising project will, on the one hand, create an annual production capacity of 56,000 tons of chocolate and 50,000 tons of fruit products, effectively expanding existing production capacity, seizing market demand, improving product diversity, the technical content of high-end products, and R&D capabilities, and further enhancing the domestic competitiveness of these two types of products; on the other hand, it will also strengthen the comprehensive collaborative research and development and service capabilities between the edible flavor and food ingredient businesses at the company level, promote the development of edible flavor R&D and manufacturing business, improve the competitiveness and accuracy of food ingredient trading, and comprehensively enhance the company's core competitiveness in China's food consumption sector.
Wu Fushun, Partner and Managing Director of China Zhongji Investment, said that modern food industry urgently needs the collaborative development of modern food ingredient industry. With the rise of domestic modern food industrial enterprises represented by Yili, Mengniu, Nongfu Spring, Dali, and Three Squirrels, the market demand for modern food ingredient industry has been expanding year by year. As a leading company in the existing track, Appole Shares is expected to obtain more development space with its comprehensive competitive advantages.
