- Business
- Labixiaoxin Snacks Group Limited Labixiaoxin Snacks Group Limited (1262.HK), an investment holding company founded in 2000 and headquartered in Jinjiang, Fujian province, People's Republic of China, manufactures and sells jelly, confectionary, beverage, and other snack products primarily in the domestic Chinese market. The company offers jelly snacks such as fruit-flavored jellies, canned fruit-filled jellies, yogurt jellies, and mousse jellies in over 500 SKUs ranging from 16-gram cup-sized to 200-gram bowl-sized packages; jelly beverages in more than 40 SKUs with packages from 40 to 350 grams; confectionary products including lollipops, milk candies, gummy candies, and chocolates; beverages comprising probiotics drinks, fruit and vegetable juices; and other items such as powdered milk tea, dried bean curd, and baked products, marketed under core brand Labixiaoxin—a China Well-Known Trademark since 2007—and sub-brands including 純滋 100, Fresh Q, Zhenguoduo, Xixi Jelly, Vegi-fruit Party, Sunshine City, Humor, and Xiangdoufang. Labixiaoxin Snacks Group Limited operates production facilities in Fujian and Tianjin with QS Food Production Permits, ISO 9001, and HACCP certifications, serving value-conscious consumers in China's competitive packaged snacks industry through extensive distribution networks; it functions as a subsidiary of Alliance Food and Beverages (Holding) Company Limited. The company forecasts a profit of approximately RMB2 million for the first half of 2025, marking a turnaround from a RMB43.6 million loss in the prior-year period, driven by reduced advertising, promotion expenses, and expected credit loss allowances.