Pre-made Food Sector Declines After Yesterday's Rally

Deep News09-16

The pre-made food industry continues to face challenges.

As of the midday close on September 16, data from the Tonghuashun App showed that the pre-made food concept sector fell 0.43%. Among individual stocks, Jiangxi Guoguang Commercial Chains Co.,Ltd. (605188.SH) dropped 4.88%, Sanjiang Shopping Club Co.,Ltd. (601116.SH), which hit the daily limit yesterday, fell 3.9%, and Xinjiang Wuika Times Department Store Co.,Ltd. (603101.SH) declined 4.78%.

On September 15, the pre-made food concept sector performed strongly, with Tonghuashun data showing the sector gained 0.99% that day. Shandong Delisi Food Co.,Ltd. (002330.SZ) and Sanjiang Shopping Club Co.,Ltd. hit their daily trading limits, while Shandong Huifa Foodstuff Co.,Ltd. (603536.SH), Suzhou Weizhixiang Food Co.,Ltd. (605089.SH), Zhanjiang Guolian Aquatic Products Co.,Ltd. (300094.SZ), Zhengzhou Qianweiyangchu Food Co.,Ltd. (001215.SZ), and other companies all posted varying degrees of gains.

Regarding the challenges facing the pre-made food industry, Xia Jing, Chairman and General Manager of Suzhou Weizhixiang Food Co.,Ltd., previously stated at an earnings conference that the pre-made food industry experiences both prosperity and challenges. While market scale is rapidly expanding, the diversification of consumer demands and intensifying industry competition have raised higher requirements for pre-made food companies. Additionally, the pre-made food industry faces issues including inconsistent standards, food safety concerns, and regulatory standards. As relevant standards are gradually introduced, quality brand strength will become consumers' choice in the long term.

When responding to investor questions about addressing public trust crisis in the pre-made food industry on an interactive platform, Zhengzhou Qianweiyangchu Food Co.,Ltd. stated that it deeply understands and highly values the current market's trust challenges regarding the pre-made food industry, and has implemented multiple response measures. These include strict source control and supply chain upgrades, as the company always prioritizes ensuring stable supply and excellent quality of raw materials. The company has also established a comprehensive quality monitoring system and developed quality management systems for different business segments.

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