- Business
- Zoneco Group Co., Ltd. (002069.SZ) is a China-based company principally engaged in the marine industry, specializing in breeding, harvesting, processing, and trading of aquatic products; the company operates through segments including seafood variety industry, seawater aquaculture, marine food research and processing, cold chain logistics, fishery equipment, and related diversified activities. Its core products encompass fresh seafood such as abalone, scallops, snails, sea urchins, rare oysters, and lobsters; frozen and pre-cooked foods including fish, shellfish, shrimp, crabs, clams, boiled scallop meat, scallop adductor, half-shell scallops, and scallops with garlic and vermicelli; nutritional supplements like deep-processed sea cucumber, abalone, and caviar; as well as snack foods featuring shellfish, shrimp, fish, and clams; additional offerings include dried fish maw, dried sea cucumber, and sourced items such as Greenland halibut, Norwegian salmon, haddock, cod, flounder, pollock, and tilapia. Founded in 1958 and headquartered in Dalian, China, Zoneco maintains operations domestically and internationally with facilities and subsidiaries in Canada, Hong Kong, South Korea, Japan, Australia, Singapore, Malaysia, Taiwan, and the United States, serving markets including restaurant chains, foodservice distributors, retailers, wholesalers, e-commerce, and supermarkets. Formerly known as Zhangzidao Group Co., Ltd., the company listed on the Shenzhen Stock Exchange in 2006, became a state-owned holding enterprise under Dalian municipal control in 2022 with improved governance structures, completed the acquisition of the remaining 11.25% stake in Dalian Zhangzidao Chuo Cold Logistics Co., Ltd., shifted strategic focus from scallop farming toward processing and sourcing amid past aquaculture challenges, and in December 2024 announced the sale of aquaculture assets to its state-owned controlling shareholder for CNY 92.15 million to streamline operations.