New stock news | Liuliu Orchard's Hong Kong IPO prospectus is invalid

Lele Fruit Orchard Group Co., Ltd. (referred to as Lele Fruit Orchard) submitted its Hong Kong stock prospectus on April 16 and expired on October 16, 6 months later. CITIC SEC and Guoyuan International were its joint sponsors when submitting the documents. According to the prospectus, Lele Fruit Orchard is a leading enterprise in Chinese fruit snacks and a leader in plum products. As a promoter of the plum culture and an expert in sour taste, the company has integrated traditional plum culture with the unique sour taste of plums based on decades of industry experience and in-depth market insights, establishing the strategy of plum + product development. Under the guidance of the plum + product development strategy, the company has created a diversified plum product matrix, covering classic series using traditional techniques to innovative products combining various flavors to meet different taste needs. Relying on diversified sales channels and strong research and development capabilities, the company is committed to providing consumers with a variety of nutritious fruit snacks made from high-quality raw materials.