China News Service, October 16th. On October 15, Yihai Kerry Golden Arowana Food Co., Ltd. (hereinafter referred to as "Yihai Kerry Golden Arowana") was successfully listed on the Growth Enterprise Market of the Shenzhen Stock Exchange.

In this listing, Yihai Kerry Golden Arowana (stock abbreviation: Golden Arowana, stock code: 300999) issued more than 542 million shares at an issue price of 25.70 yuan per share, an issue price-earnings ratio of 31.12 times, and the amount of funds raised was as high as 13.933 billion yuan. The largest amount of financing in the history of the board.

Yihai Kerry Arowana successfully landed on GEM

　　At 9:25 on October 15, Guo Kongfeng, Chairman of Yihai Kerry Golden Dragon Fish, Company Director Pan Xiyuan, Director and President Mu Yankui, Director and Vice President Niu Yuxin, Member of the Securities Executive Committee of China Securities Co., Ltd. Liu Naisheng, director of the Investment Banking Committee, and others rang the bell for the opening of the market.

Yihai Kerry Arowana opened at 48.96 yuan, an opening increase of 90.51%.

The highest intraday hit 62.65 yuan, and finally closed at 56.00 yuan, an increase of 118%. The market value has exceeded 300 billion yuan. The "Grain and Oil Leader" successfully landed on the Shenzhen Stock Exchange's Growth Enterprise Market.

　　At the listing ceremony, Guo Kongfeng, chairman of Yihai Kerry Arowana, said that the successful listing of Yihai Kerry Arowana can be said to be the biggest development opportunity for Arowana from reform and opening up. The Shenzhen Special Economic Zone is a fertile soil for breeding Arowana.

In the future, the company will continue to enhance its business development capabilities and product innovation capabilities, and hopes to use the listing to make the public understand a more transparent and standardized company and share the company's development results with more investors and consumers.

Multiple advantages to consolidate the leading position and long-term share industry dividends

　　As one of the largest agricultural and food processing companies in China, Yihai Kerry Arowana’s main business is the research and development, production and sales of kitchen products, feed ingredients and oil technology products, and the three major businesses have been fully blossomed.

Kitchen products have always been a strong business of Yihai Kerry Arowana. According to Nielsen data, the company has ranked first in the market share of small packaged edible vegetable oil, packaged flour modern channels, and packaged rice modern channels in the past three years.

Relying on the food processing industry chain, the company also actively deploys in the feed ingredients and oil technology industries, and its market share is also very high.

　　In recent years, with the development of the economy and the improvement of residents’ living standards, grain and oil products, an important commodity related to the national economy and people’s livelihood, are also facing consumers' stricter requirements on food safety, nutrition, and taste in the context of consumption upgrades. Picky.

At the same time, from an industry perspective, as the international and domestic competition continues to intensify, the food industry has gradually developed into an industrial integration stage, and the increase in industry concentration will also give leading companies greater development advantages.

　　As a leading company in the grain, oil and food industry, Yihai Kerry Arowana has always insisted on leading advanced consumption concepts, supporting healthy living, continuous research and development and innovation, and its mission is to provide safe, nutritious, healthy and delicious products.

After more than 30 years of precipitation, the company will continue to expand its market share by leveraging on its advantages in technology, brand, and scale in the future, fully benefiting from the benefits of industry concentration, and maintaining its leading position.

Arowana second generation "golden ratio blending oil" production line

The epidemic continues to dwindle

　　The strong brand influence brings to Yihai Kerry Arowana not only its leading market share, but also its outstanding performance.

According to the prospectus, from 2017 to 2019, the company's operating income showed a steady growth trend, achieving 150.766 billion yuan, 167.74 billion yuan and 170.743 billion yuan respectively.

Net profit has also risen steadily, achieving 5.284 billion yuan, 5.517 billion yuan, and 5.564 billion yuan respectively in the past three years, and is also in an advantageous position in the market.

　　When it comes to people's livelihood, most grain and oil companies will adopt the "small profits but quick turnover" model.

Yihai Kerry Arowana is no exception. It has been cultivating in the Chinese market for many years and has a wide audience and high reputation. The profitability of "small profits but quick turnover" enables Yihai Kerry Arowana products to enter the market faster and open the market. , Stabilize the market, and lay a foundation for subsequent investment in other products, and better protect the leading position of Yihai Kerry Arowana in the industry.

At the same time, compared with other companies in the industry, Yihai Kerry Arowana's comprehensive gross profit margin has always been at the upper-middle level in recent years, and has shown a continuous upward trend, rising from 8.42% in 2017 to 11.40% in 2019, and the added value of products continues improve.

　　It is worth mentioning that during the first half of this year, the financial data of a large number of companies were not satisfactory. On the other hand, Yihai Kerry Arowana still showed significant improvement in performance and achieved contrarian growth.

On the one hand, it shows that as a rigid demand, grain and oil products will maintain a huge market scale for a long time. As the leader, Yihai Kerry Arowana will still enjoy a broad space in the future; on the other hand, it also shows that Yihai Kerry Arowana actively takes a number of measures. In response to the impact of the epidemic, kitchen food developed steadily, and the feed ingredients and oil technology business also performed well.

According to the prospectus, the company achieved revenue of 86.973 billion yuan in the first half of this year, and a net profit of 3.008 billion yuan attributable to the parent. The overall performance increased significantly over the same period last year.

　　At present, the domestic new crown epidemic has been effectively controlled. The post-epidemic era is approaching, and how companies can turn crises into opportunities has attracted more attention.

According to the performance forecast for the first three quarters of 2020 disclosed by Yihai Kerry Golden Arowana, the company expects that the net profit attributable to shareholders of listed companies from January to September 2020 will be 4.0-4.6 billion yuan, a year-on-year increase of about 15%-30%. ; It is expected that the operating income will exceed 130 billion yuan from January to September 2020, a year-on-year increase of about 5%-10%.

Speaking with data, this is a satisfactory answer from Yihai Kerry Arowana to the capital market. The long-term excellent and stable performance also provides strong support for its foothold in the Chinese A-share market.

Yihai Kerry Arowana's first factory-Nanhai Oil Industry (Chiwan) Co., Ltd.

Accompanied by 30 years, "this fish" swims from Shenzhen to the whole country

　　Born in Sri Lanka, growing in Sri Lanka, fighting abroad, and now returning home in full glory, Yihai Kerry Arowana's landing on the Shenzhen Stock Exchange has been given a special significance.

　　Yihai Kerry Arowana started in Shenzhen.

As early as 1988, Nanhai Oil Industry (Chiwan) Co., Ltd., the first oil refining plant invested by the group in China, started construction in Shenzhen, a hot land of reform and opening up.

In 1991, the first bottle of Arowana small-package oil came out, leading the revolution in China’s consumption model from bulk oil to small-package oil; in 1992 and 1994, the first flour processing plant Shenzhen Nanhai Grain Industry Co., Ltd. and the first The oilseed crushing plant Shenzhen Nantian Oil Meal Industry Co., Ltd. was put into operation; in 2002, the second-generation edible blending oil of Yihai Kerry Arowana, a subsidiary of the group, was launched, leading China's edible oil consumption concept from "safety" to "nutrition and health" Revolution; In 2004, Fengyi Oil Technology (Shanghai) Co., Ltd. was put into operation, marking the group's formal entry into the oil technology industry; in 2008, Arowana, as the exclusive supplier of edible oil, joined hands with the Beijing Summer Olympics... In 2020, Yihai Kerry Golden Dragon Fish Cereals, Oils and Foodstuffs Co., Ltd., carrying more than 30 years of accumulation, was officially listed on the Shenzhen Growth Enterprise Market, China.

As Mr. Mu Yankui said in an interview with CCTV, “Arowana, as a brand that grew up in Shenzhen and moved from Shenzhen to the world, is now listed in Shenzhen. It is fortunate to witness Shenzhen’s rapid development and have a sense of pride at the time.”

　　On the morning of October 14, the 40th anniversary celebration of the establishment of the Shenzhen Special Economic Zone was held.

From a backward border town to an international metropolis with global influence, Shenzhen has always maintained an upward momentum.

On the occasion of the national celebration, the Yihai Kerry Arowana, which started in Shenzhen and is now "returning hometown", will also use the Shenzhen Stock Exchange as a new starting point to achieve rapid and healthy development with the help of the capital market. Repaying investors with excellent performance and repaying consumers with safer and higher-quality products will also explore a sustainable development path for the high-quality development of China's agriculture and grain and oil industries.