UTXI Aquatic Products Processing Corporation

    UTXI Aquatic Products Processing Corporation

    UUPCOM:UXC
    1,200.00
    VND
    +100.00
    (+9.09%)
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    Company Description

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    UTXI Aquatic Products Processing Corporation (UTXICO) is a Vietnam-based seafood processing and aquaculture enterprise primarily engaged in the farming, processing, cold storage, and international export of frozen shrimp and value-added aquatic products. Established on February 27, 2002, and headquartered in Tran De District, Soc Trang Province, Vietnam, the company operates vertically integrated processing and cold chain infrastructure comprising the Hoang Phuong Seafood Factory, the Hoang Phong Seafood Factory, and the Hoang Nha Cold Storage & Logistic Enterprise. The company's core operations are organized around the procurement, processing, and distribution of Black Tiger shrimp (Penaeus monodon) and Whiteleg shrimp (Litopenaeus vannamei). Its product and service portfolio comprises frozen raw shrimp, including head-on shell-on (HOSO), headless shell-on (HLSO), easy-peel, peeled undeveined (PUD), peeled and deveined (PD), and peeled tail-on (PTO) selections; cooked and ready-to-eat shrimp, including steamed head-on, cooked peeled tail-on, and ring cocktail shrimp; value-added and prepared seafood products, including stretched Nobashi shrimp, sushi-grade shrimp, breaded shrimp, tempura shrimp, marinated shrimp skewers, and seafood spring rolls; aquaculture materials and support, including the distribution of feeds and supplies for contracted regional aquaculture farmers; and temperature-controlled logistics services, including commercial cold warehousing, blast freezing, container handling, and export logistics management. The company serves industrial food processors, wholesale distributors, foodservice operators, and retail chains across global export destinations, including the United States, the European Union, Japan, China, and India, under international quality and sustainability certifications including Best Aquaculture Practices (BAP 4-Star), British Retail Consortium (BRC) Global Standards, International Featured Standards (IFS) Food, and Marine Stewardship Council Chain of Custody (MSC/CoC). In recent developments, UTXI Aquatic Products Processing Corporation has focused on financial restructuring, operational rationalization, and regulatory compliance. The company has engaged in administrative and corporate governance realignments under State Securities Commission of Vietnam oversight, which resulted in adjustments to the trading parameters of its shares on the UPCoM exchange (Ticker: UXC). Operationally, the organization has undertaken measures to streamline capacity across its Hoang Phuong and Hoang Phong processing facilities, optimize cold storage logistics throughput at the Hoang Nha enterprise, and renegotiate export distribution arrangements to mitigate elevated input costs and stabilize operating performance.