Tianjin Guifaxiang 18th Street Mahua Food Co., Ltd. (002820.SZ) engages in the research, development, production and sale of traditional Chinese specialty snacks and other food products primarily in China. The company offers core products including its flagship 18th Street Mahua fried dough twists renowned for incorporating shi jin fillings that achieve a crispy yet firm texture with even distribution; pastries; moon cakes such as the award-winning traditional Jing-style di jiang five仁 varieties and large-format团圆家饼; traditional sweet dumplings and rice dumplings; Tianjin-style instant and convenience foods; sweet chestnuts featuring sugar-fried and ready-to-eat formats sourced from Yanshan Mountains; nuts; and OEM manufacturing services. Products distribute through general distributors, supermarkets, convenience stores, specialty food outlets in tourist areas and online channels, with Tianjin serving as the primary market and operations spanning domestic China.
Founded as a heritage brand tracing origins to 1927 when Liu Laoba established the Gui Faxiang shop on Tianjin's 18th Street though formally incorporated in 1994, the company maintains headquarters at No. 32 Dongting Road, Hexi District, Tianjin, China, and employs approximately 1,107 staff.
In recent developments, the company completed a share repurchase program in March 2024 acquiring 5.525 million shares or 2.75% of its capital for CNY 50 million to optimize capital structure; approved a final cash dividend for fiscal 2024 payable June 13, 2025; appointed Jian Long as CEO in May 2024 alongside board changes including new independent directors; and continues modernization investments amid revenue stabilization around CNY 496 million in 2024 while focusing on preserving traditional recipes amid competitive pressures in the packaged foods sector.