New Stock News | Yuanji Food Hong Kong Stock IPO and domestic unlisted shares "fully tradable" approved by the China Securities Regulatory Commission

On July 17th, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice on the Overseas Issuance and Listing of Shares of Yuanji Food Group Co., Ltd. and the Full Circulation of Unlisted Domestic Shares" The company plans to issue up to 23,824,000 ordinary shares for overseas listing and listing on the Hong Kong Stock Exchange. 20 shareholders of the company plan to convert a total of 82,176,253 unlisted domestic shares into overseas listed shares and list them for trading on the Hong Kong Stock Exchange. Yuanji Food Group owns the restaurant brand "Yuanji Cloud Dumplings" and the retail brand "Yuanji Flavor Enjoy". According to its prospectus, Yuanji Food Group achieved operating revenue of 2.026 billion yuan and 2.561 billion yuan in 2023 and 2024, respectively, with a year-on-year increase of 26%. The adjusted net profit for the first nine months of 2025 was 192 million yuan, a 31% increase compared to the same period last year. As of September 30, 2025, Yuanji Food Group has 4,266 stores. The total GMV of stores increased by 31% from 47.72 billion yuan in 2023 to 62.48 billion yuan in 2024. According to reports from Zhuo Shi Consulting, Yuanji Food Group has the largest number of Chinese fast food stores in China and globally and is also the largest dumpling and wonton company in China. The names of the "full circulation" shareholders and the conversion quantities are as follows: