- CEO
- Yong Yan Teng
- Full Time Employees
- 1,897
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Building 1 Fuzhou FU China 350008
- IPO Date
- Sep 24, 2012
- Business
- HaiXin Foods Co., Ltd. (002702.SZ) manufactures and sells quick-frozen and room-temperature processed food products, primarily focused on fish, meat, rice and noodle items, and ready-to-eat dishes in the packaged foods industry. The company's core offerings include quick-frozen fish and meat products such as fish balls, fish tofu, hot pot marumame, and lucky bags; quick-frozen rice and noodle products like egg yolk dumplings, steamed wheat buns, and quicksand buns; quick-frozen dishes including abalone, octopus, squid skewers, and grilled cheese rolls; and room-temperature snack foods such as crab sticks, fish tofu, and fast food Kanto stew, marketed under the Haixin, Yuji, and Baiyaoxuan brands. These products target retail consumers through self-operated stores, third-party e-commerce platforms, and online direct sales, with primary operations in China across four production bases.
Founded in 1996 with roots tracing back to the Haixin brand established in 1903, the company is headquartered in Fuzhou, Fujian Province, China, at Building 1, No. 150 Jianxin North Road, Cangshan District, and listed on the Shenzhen Stock Exchange in October 2012. It operates as a key national agricultural industrialization leader and high-tech enterprise, specializing in advanced food engineering and biotechnology for seafood and meat processing.
In recent developments, HaiXin Foods repurchased 1.34% of its shares by April 2025 to support shareholder value, opened an official store on the Xiaohongshu e-commerce platform in early 2025 to expand digital sales channels, and began production of new seafood barbecue skewers and beef-lamb rolls at its Zhoushan facility late 2023 to strengthen its position in mid-to-high-end pre-cooked foods. The company pursued strategic acquisitions, including an agreement with Su Sancha to acquire a 68% stake in Jiangsu Baiyao Fresh Food Co., Ltd., and a stake transfer deal for Fujian Changheng Food Co., Ltd. from Guangdong Evergreen Conglomerate, though the latter was subsequently cancelled, reflecting ongoing efforts to broaden its fresh food portfolio. These initiatives aim to counter seasonality and drive growth amid 2025 financial reports showing revenue challenges.