LIULIUMEI Shares Soar Over 19% to Record High, Up More Than 270% from IPO Price

Stock News06-22

Shares of LIULIUMEI (06658) surged more than 19%, reaching a record high of HK$165. This represents an increase of over 2.7 times from its IPO price of HK$43.58.

At the time of writing, the stock was up 18.94% to HK$163.9, with a turnover of HK$48.44 million.

The company is a fruit-based snack company specializing in green plum products. Since launching its classic brand "LIULIUMEI" in 2001, the company has been dedicated to advancing technology in the green plum product industry and exploring the culinary potential of green plum's sour flavor.

According to data from Frost & Sullivan, the company ranked first in China's fruit-based snack industry by retail sales in 2024, with a market share of 4.9%.

Since its launch in 2019, the company's plum jelly product has rapidly captured consumer attention. In 2024, the company also ranked first in China's natural ingredient jelly industry by retail sales, commanding a market share of 45.7%.

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