Core Insights - Yantai has established itself as a prominent food industry hub in China, gaining recognition both domestically and internationally for its agricultural products and processed foods [1][4] - Despite challenges in foreign trade, some Yantai food companies have experienced growth, indicating a strong demand for their products in international markets [1][3] Company Highlights - Xiwang Group has achieved high precision in food safety testing, with the ability to detect substances like clenbuterol at extremely low levels, contributing to its reputation for quality [2] - Longda Food Group has over 30 years of experience in the processed food industry, leading in exports to Japan and maintaining a strong market presence [3] - Daceng Food has innovated in the peanut product sector, exporting a significant portion of its output to Japan and South Korea, showcasing the importance of technological advancement in maintaining competitiveness [3] Industry Performance - In 2024, Yantai's food and agricultural product exports reached 1.637 million tons, marking a 20% increase year-on-year, with a total value of 25.66 billion yuan, reflecting an 11.8% growth [4]
烟台|有了“金刚钻”,外需也刚性