Qianhe Condiment And Food Co.Ltd(603027) on the evening of February 23, the plan for non-public offering of A-Shares in 2022 was released. The total amount of funds raised in this non-public offering of shares is not less than 500 million yuan (inclusive) and not more than 800 million yuan (inclusive). After deducting the issuance expenses, all the funds raised will be used for the “intelligent manufacturing project of seasoning with an annual output of 600000 tons”. The number of shares issued shall not exceed 30% of the total share capital of the company before the issuance, and the issuing object is Wu Chaoqun, the controlling shareholder and actual controller of the company.
Qianhe Condiment And Food Co.Ltd(603027) specializes in the R & D, production and sales of high-quality condiments such as soy sauce, vinegar and cooking wine. The announcement said that in recent years, with the continuous improvement of urbanization rate and the increasing size of middle and high-class consumer groups, consumers’ consumption and quality demand for condiments have increased significantly. The future development space of the industry is relatively broad, which has brought opportunities and challenges to the future development of the company.
In recent years, the market demand of the company’s products has continued to grow. With the increase of the company’s investment in brand, channel and Internet sales, the market demand of the company’s products is expected to grow further and rapidly. In order to meet the market demand, the company will raise funds through this non-public offering to accelerate the construction of the “intelligent manufacturing project of seasoning with an annual output of 600000 tons”, further provide capacity guarantee for market development and further enhance the company’s sustainable development ability.
Qianhe Condiment And Food Co.Ltd(603027) said that the controlling shareholders fully subscribed for the non-public offering, which demonstrated their firm confidence in the future development prospects of the listed company and was conducive to transmitting a positive signal to the market and minority shareholders.
