Teway Food(603317.SH)

Teway Food adds a new flavor to the hot new stock market in Hong Kong

Teway Food has applied for a listing in Hong Kong, aiming to become an integrator in the Chinese seasoning market. Although the average annual revenue growth is about 15% from 2022 to 2024, there was a contraction in the first half of this year due to the Lunar New Year holiday occurring earlier. Seasoning manufacturers benefit during economic slowdowns as consumers tend to cook at home. Teway Food's listing will make it the second major seasoning company to be listed simultaneously in Shanghai and Hong Kong. Despite the decline in the stock price of Hai Tian Wei Ye, its price-to-earnings ratio remains higher than many consumer goods manufacturers, indicating investor confidence in the sector

New Stock News | Teway Food submits application to Hong Kong Stock Exchange as China's fourth largest compound seasoning company

Sichuan Teway Food Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, becoming China's fourth-largest compound seasoning company. China International Capital Corporation (CICC) is the sole sponsor. In 2024, Teway Food's market shares in recipe-based condiments and hot pot seasonings are 9.7% and 4.8%, respectively, showing outstanding performance in these fields. The company is committed to food safety and quality control, continuously innovating to meet the diverse needs of consumers

Teway Food: Third quarter net profit of 202 million yuan, a year-on-year increase of 8.93%

Teway Food announced that its revenue for the third quarter was 1.02 billion yuan, a year-on-year increase of 13.79%; net profit was 202 million yuan, a year-on-year increase of 8.93%. Revenue for the first three quarters was 2.411 billion yuan, a year-on-year increase of 1.98%; net profit was 392 million yuan, a year-on-year decrease of 9.30%

Teway Food: Cumulatively repurchased 0.1024% of the company's shares, costing 12.775 million yuan

Teway Food announced that as of September 30, 2025, the company has repurchased a total of 1.0901 million shares, accounting for 0.1024% of the company's current total share capital, with a highest transaction price of RMB 12.26 per share and a lowest price of RMB 11.47 per share. The total amount paid is RMB 12.775 million. The repurchased shares will be used for the employee stock ownership plan or equity incentives, with the repurchase amount between RMB 18 million and RMB 36 million

Teway Food: Plans to issue shares overseas and list on the Main Board of the Hong Kong Stock Exchange