Sichuan Teway Food Group Co.,Ltd. (603317.SH), an A-share listed company based in Shuangliu District, Chengdu, Sichuan Province, announced that it is planning to issue overseas listed shares (H-shares) and apply for listing on the Main Board of The Stock Exchange of Hong Kong Limited. The move aims to further advance the company's internationalization strategy and overseas business layout planning, enhance brand international recognition and influence, while better utilizing international capital market platforms to optimize capital structure and support the company's long-term development.
Sichuan Teway Food Group stated that the company is currently actively preparing and discussing related work for this H-share issuance and listing with relevant intermediary institutions. Details regarding this H-share issuance and listing have not yet been determined. There remains significant uncertainty as to whether this H-share issuance and listing can pass the deliberation, filing, and approval procedures and ultimately be implemented.
Sichuan Teway Food Group is a food enterprise specializing in the research, development, production, and sales of compound seasonings. The company operates five major brands: "Haorenjia," "Dahongpao," "Tianche," "Tianwei Catering High-end Customization," and "Shicuifang." Its product portfolio includes over 100 categories such as hotpot base ingredients, recipe-style seasonings, spicy sauces, and pre-prepared dishes. The main business encompasses three major segments: traditional retail, online retail, and catering customization. The marketing network spans across 31 provinces, municipalities, and autonomous regions nationwide, with products exported to the United States, United Kingdom, Canada, Australia, and other countries.
Sichuan Teway Food Group (603317.SH) was listed on the Shanghai Stock Exchange on April 16, 2019. As of the close of trading on August 20, the company had a market capitalization of approximately 13.099 billion RMB.
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