
ANJOY FOOD
Listing Date | 2025/07/04 |
Listing Price | 60.000 |
- Subscription Rate44.20x
- Guarantee One Lot Size8 lot
- One Lot Success Rate70%
Listing Date | 2025/07/04 |
Listing Price | 60.000 |
Anjoy Foods Group Co. Ltd. is a leading quick-frozen food company in China, dedicated to providing food products for various consumption occasions, whether at home, in restaurants or on the go.
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According to the report, the Group is the largest quick-frozen food company in China in terms of revenue in 2024, with a market share of 6.6%. In 2024, the Group ranked first in the quick-frozen flavored and processed food market in China, with a market share of 13.8%; ranked first in the quick-frozen prepared dishes market in China, with a market share of 5% and ranked fourth in the quick-frozen flour and rice food market in China, with a market share of 3.2%.
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The Group have developed a diverse product portfolio across three categories, namely quick-frozen flavored and processed products, quick-frozen prepared dishes and quick-frozen flour and rice products. The Group have established a brand portfolio anchored by its flagship “Anjoy” brand, complemented by its proprietary brands “Frozen-food Master” and “Anjoy Xiaochu”, alongside its strategically acquired brands including “Honghu Temptation”, “Liuwu” and “Kung Fu Food”.
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As of December 31, 2024, the Group operated 12 domestic production bases and one overseas production base. The Group’s customers primarily are distributors, key accounts, targeted enterprise companies, new retail platforms and individual end customers.
Market | Hong Kong (Main Board) |
Business Nature | Food & Beverages |
Major Business Area | China |
Board Lot | 100 |
No. of Offer Shares | 39.99M H shares |
No. of International Offer Shares | 28.00M H shares |
No. of HK Offer Shares | 12.00M H shares |
Offer Price | $66.00 |
Stock Code | 2648 |
Sponsor(s) | Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited |
Underwriter(s) | Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited, Ping An Securities (Hong Kong) Company Limited, CMB International Capital Limited, China Securities (International) Corporate Finance Company Limited, Huatai Financial Holdings (Hong Kong) Limited, China Galaxy International Securities (Hong Kong) Co., Limited, UOB Kay Hian (Hong Kong) Limited, GF Securities (Hong Kong) Brokerage Limited, CCB International Capital Limited, China Industrial Securities International Capital Limited |
Application Period | Jun 25 (Wed) - noon, Jun 30 (Mon) |
Price Determination Date | Jul 02 (Wed) |
Result Announcement Date | On or before Jul 03 (Thu) |
Result Announcement Date | On or before Jul 03 (Thu) |
Result Announcement Date | On or before Jul 04 (Fri) |
Dealings in Shares commence on | Jul 04, 2025. (Fri) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $66.00 |
Capitalization | 27.95B |
NAV / share ($) | $46.68 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 66.00, the net proceeds raised would be HKD 2.50B, of which |
35% : Expanding sales and distribution network |
35% : Strengthening procurement capabilities, optimizing supply chain and building a supply chain system; |
15% : Digitalizing business operations |
5% : Product development and technological innovation |
10% : Working capital |
04/07/2025 16:08 |
{New Stock}ANJOY FOOD(02648) ends down 5% at HK$57 |
04/07/2025 09:20 |
{New Stock}ANJOY FOOD(02648) opens flat at HK$60 |
03/07/2025 18:35 |
{New Stock}ANJOY FOOD(02648) ends down 0.67% on grey market |
03/07/2025 16:20 |
{New Stock}ANJOY FOOD up 1.17% at HK$60.7 on grey market |
Prospectus | ![]() | ![]() |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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