On Nov 2, Guoquan Food was officially listed on the main board of the Hong Kong stock exchange.
Established in 2015 and setting up operations in the Minhang Area of Shanghai's Hongqiao Central Business District in 2019, Guoquan Food has made impressive strides within a short span of time.
Operating in South Hongqiao for less than four years, it boasts an impressive 20.4 million registered members. A report by Frost & Sullivan revealed that the company holds the top spot in China in terms of retail sales of meals-at-home products in 2022.
As China's leading brand of meal-at-home meal products, Guoquan Food offers a diverse range of options, including ready-to-eat, ready-to-heat, ready-to-cook, and ready-to-prepare ingredients. It specializes in at-home hotpot and barbecue products, aiming to provide consumers with convenient, affordable, and delicious meals in the comfort of their own homes.
With a strong supply chain and production capabilities, Guoquan Food distributes its products through a nationwide network of 10,025 retail outlets across China as of October this year. The company caters to various dining scenarios and continuously improves its supply chain field by digitizing and optimizing logistics and distribution.
Leveraging the strategic location of the Hongqiao International CBD, Guoquan Food has experienced rapid and steady growth. By continuously improving its service and consumption models, it injects vitality into the local economy, providing consumers all over the country with safe, high-quality, tasty, and affordable products to meet their dining needs.
Guoquan Food is officially listed on the main board of the Hong Kong stock exchange on Nov 2. [Photo/WeChat account: guojihongqiao]
