--- title: "Dongfang Securities: Maintains \"Buy\" rating on SANQUAN FOODS as overseas expansion and capacity expansion increase" type: "News" locale: "en" url: "https://longbridge.com/en/news/251570555.md" description: "Dongfang Securities maintains a \"Buy\" rating on SANQUAN FOODS, pointing out that the company is achieving diversified growth through increased investment in overseas markets and capacity expansion. SANQUAN FOODS plans to invest AUD 280 million to establish a production base in Australia, initiating an overseas localization strategy. The construction of the company's Taicang project is progressing smoothly and is expected to enhance supply capacity in the East China market. After restructuring the e-commerce team, combining self-operated and customized products has shown initial results. The expected PE for 2025 is 18 times, with a target price of 11.70 yuan" datetime: "2025-08-05T06:26:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/251570555.md) - [en](https://longbridge.com/en/news/251570555.md) - [zh-HK](https://longbridge.com/zh-HK/news/251570555.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/251570555.md) | [繁體中文](https://longbridge.com/zh-HK/news/251570555.md) # Dongfang Securities: Maintains "Buy" rating on SANQUAN FOODS as overseas expansion and capacity expansion increase Dongfang Securities research report points out that with increased overseas investment and capacity expansion, SANQUAN FOODS is accelerating its diversified growth layout. On July 21, the company announced plans to invest AUD 280 million to establish a production base in Australia, officially launching its overseas localization strategy. The export entry barriers are relatively high, and "setting up a factory in Australia" has become a viable breakthrough, but attention should be paid to the subsequent investment return rhythm and channel implementation capability. The company's Taicang project is progressing smoothly and is expected to strengthen its capacity layout in East China. After the project is put into production, it is expected to significantly enhance the company's supply capacity in the East China market, shorten the delivery radius, and reduce logistics costs. In addition, the company's e-commerce team has completed its restructuring, with self-operated and customized products both making efforts. Combined with the initial effectiveness of the company's organizational restructuring in e-commerce and KA channels, and the localization layout achieved through setting up a factory in Australia, it is expected to open up new growth space. Based on the current valuation levels of comparable companies, a 2025 PE of 18 times is given to the company, corresponding to a target price of 11.70 yuan, maintaining a "buy" rating ### Related Stocks - [SANQUAN FOODS (002216.CN)](https://longbridge.com/en/quote/002216.CN.md) ## Related News & Research - [McDonald's Expands Value Menu With $3 Items](https://longbridge.com/en/news/279080766.md) - [Wright: U.S. has 415 million barrels of oil in storage right now](https://longbridge.com/en/news/278901034.md) - [Nobility Homes, Inc. Announces Sales And Earnings For Its First Quarter 2026 | NOBH Stock News](https://longbridge.com/en/news/279056946.md) - [Saudi Aramco offers crude in rare tenders as Iran conflict disrupts exports, traders say](https://longbridge.com/en/news/278345136.md) - [12:15 ETInventHelp Inventor Develops Improved Packaging for Food Items (PTA-467)](https://longbridge.com/en/news/278753154.md)