- CEO
- Ya Zhang
- Full Time Employees
- 291
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- Building 3 Shanghai People's Republic of China 201100
- IPO Date
- Mar 28, 2023
- Business
- YanGuFang International Group Co., Ltd. YanGuFang International Group Co., Ltd. is a Cayman Islands-incorporated holding company primarily engaged in the production, research and development, sourcing, and sales of oat and whole grain food products through subsidiaries operating mainly in the People's Republic of China. The company offers a diverse portfolio of oat-based products including oat germ groats, oatmeal, oat flour, oat bran, and gourmet rice; grains such as black beans, red beans, and corn; nutrient and health items like oat peptide series, dietary fiber powder, oat β-glucan probiotics, oat biscuits, flaxseed oil, and perilla seed oil; as well as daily necessities comprising oat toothpaste, face masks, cleansers, hand soap, and hand cream; and provides technology consulting services, with sales through proprietary teams, distribution networks, offline channels, and online platforms including JD.com. Founded in 2012 and headquartered at Building 3, 3rd Floor, 33 Suhong Road, Minhang District, Shanghai, China, YanGuFang International Group operates production facilities in locations such as Inner Mongolia and targets health-conscious consumers in China with over 80 products focused on low-GI and nutritionally enhanced whole grains. Recent developments include the 2023 launch of low-GI oat milk and oatmeal bars in collaboration with the China National Research Institute of Food Fermentation Industries, aligning with China's Healthy China 2030 initiative; expansion of retail presence in supermarkets; a Nasdaq listing via IPO in March 2023 at $4 per share raising $8 million; receipt of Nasdaq deficiency notices in 2024 related to late Form 20-F filings and auditor resignation; detention of former CEO Junguo He and CFO by Shanghai police in late 2023 prompting leadership changes with Ya Zhang appointed interim CEO and Yang Sui as interim CFO in January 2024; and a partnership with Cornell University's College of Agriculture and Life Sciences. The company, with approximately 231-291 employees, reported trailing twelve-month revenues of $36 million and net income of $5.74 million as of recent data, amid ongoing efforts to innovate in sustainable agriculture and e-commerce distribution.