- Business
- Petpal Pet Nutrition Technology Co., Ltd. (300673.SZ) researches, develops, produces and sells pet food and related products primarily in China with international export operations. The company offers animal skin and plant-based chew products; dry and wet pet foods; nutritious meat snacks; puffed food; canned staple food; baked food; air-dried food; freeze-dried food; bird food; edible small animal toys; baked biscuits; and other nutritional pet treats under brands including CPet, Meatyway, Peidi and Health Guard. Founded in 2002 and headquartered in Wenzhou, Zhejiang Province, China, Petpal operates from facilities in Shuitou Town Industrial Park, Pingyang County, and maintains long-term partnerships with global pet product vendors, retailers and supermarket chains while serving markets in Europe, North America, Southeast Asia and beyond. In November 2025, the company authorized a share buyback plan valued at CNY 70 million to support shareholder value; it completed repurchases including 54,800 shares for CNY 1 million by early February 2025 and established Pingyang County Xiaoman Venture Capital Partnership in October 2024. Petpal listed as China's first pet industry company on the Shenzhen Stock Exchange in 2017, holds 31 patents including seven invention patents, employs 107 R&D researchers, and adheres to international standards such as HACCP, GMP and ISO 9001 while expanding own-brand revenue and high-end staple food capacity in New Zealand.