- Business
- Jiashili Group Limited (1285.HK), an investment holding company and prominent biscuit manufacturer in China, engages in the production and sale of biscuits and crackers under the Jiashili brand; sweet and salty single-piece biscuits, sandwich biscuits including the best-selling "Fruit Fun Fruity" jammy series, coarse grain biscuits, soda crackers, wafers, and other varieties; pasta products, flour, confectioneries, fresh breads, mooncakes, candies, and soymilk; as well as rice trading, factory building leasing, lending, marketing services, and hotel operations. Founded in 1956 and headquartered in Kaiping, Guangdong Province, in the People's Republic of China, the company operates through Biscuit Products, Pasta Products, Flour Products, and Others segments, serving over 450,000 sales outlets across 31 provinces, autonomous regions, and municipalities in China, with exports to more than ten countries including the United States and Canada. A subsidiary of Kaiyuan Investments Limited, Jiashili maintains an annual production capacity of 100,000 tonnes from facilities in Guangdong, Henan, Hunan, and Anhui provinces. In recent developments, the group entered a limited partnership agreement, added property, plant, and equipment worth RMB22 million to upgrade capacities during the six months ended June 30, 2025, declared an interim dividend of HK$5.00 cents per share, agreed in November 2024 to dispose of its 100% stake in Jiangsu Jiashili Food for RMB48.3 million, and transferred a land parcel in Huaibei City, Anhui Province in May 2025 while returning related government grants. Through prior acquisitions including Silang Food, Guangdong Kangli Food, and others such as Golden Apple Food and Kakeen, Jiashili has expanded its brand portfolio and production capabilities.