New stock news: Liuliu Orchard submits again to the Hong Kong Stock Exchange, its retail sales in China's fruit snacks industry ranking first in 2024.

According to the disclosure by the Hong Kong Stock Exchange on October 28th, Liuliu Orchard Group Limited (referred to as Liuliu Orchard) has submitted an application to the main board of the Hong Kong Stock Exchange, with CITIC SEC and Guoyuan International as joint sponsors. The company previously submitted an application to the Hong Kong Stock Exchange on April 16, 2025. The prospectus shows that Liuliu Orchard is a fruit snack company specializing in plum products. The company is also dedicated to promoting the plum culture and, through continuous innovation, introducing nutritious snacks with natural ingredients. Under the product development strategy centered around plums, the company has created a diverse range of plum products, covering classic series using traditional techniques to products that integrate various flavors to meet different taste preferences. With diversified sales channels and strong R&D capabilities, Liuliu Orchard is committed to providing consumers with a variety of nutritious fruit snacks made from high-quality ingredients. Since the launch of its classic brand in 2001, the company has been focusing on technological advancements in the plum product industry and exploring the gastronomic potential of plum sourness. The company offers three main product categories: dried plum snacks, plum products, and plum jelly. Different series are introduced for each category, including products made with traditional techniques and those with rich flavors, to continuously provide consumers with unique taste experiences that cater to their changing preferences. According to Frost & Sullivan data, in 2024, Liuliu Orchard ranked first in the retail sales of fruit snacks in China, with a market share of 4.9%. The company's plum jelly, made from the company's proprietary green plum puree and other fruit purees, quickly captured the attention of consumers. Therefore, in 2024, the company ranked first in the natural ingredient jelly industry in China (by retail sales), with a market share of 45.7%. Liuliu Orchard is committed to promoting the plum culture and blending the signature sourness of plums with various product types. With decades of industry expertise and profound market insights, the company has established a product development strategy based on plums, exploring different combinations of plum products and sourness with other flavors. The company's dried plum snacks, such as Snow Plum and Clear Plum, continue to be popular. During the reporting period, the company's revenue from selling dried plum snacks steadily increased. In addition to dried plum snacks, the company's plum jelly has also been loved by consumers since its launch, capturing a 2.9% market share in the Chinese jelly industry in 2024, making the company a major market participant and leader in the natural ingredient jelly industry. To further enrich its product portfolio, the company has launched Plum Essence Gummies in 2025, demonstrating its plum-centric product development strategy. Financially, in the fiscal years of 2022, 2023, 2024, and the six months ending June 30, 2024 and 2025, Liuliu Orchard achieved revenues of approximately 1.174 billion yuan, 1.322 billion yuan, 1.616 billion yuan, 767 million yuan, and 959 million yuan, respectively; for the same periods, the net profits were 68.432 million yuan, 99.231 million yuan, approximately 148 million yuan, 60.171 million yuan, and approximately 106 million yuan respectively.