Zheng Quan Shi Bao Wang·2025-08-17 10:28Company Overview - Andeli was established in 1996 and is one of the earliest companies in China to engage in concentrated juice processing, primarily producing concentrated apple juice, with approximately 70% of its products exported globally [2] - The company went public on the Hong Kong Stock Exchange and Shanghai Stock Exchange, becoming the first "A+H" dual-listed juice beverage company in China [2] - Andeli has established long-term stable business relationships with major food and beverage companies such as Coca-Cola, PepsiCo, Kraft, Nestlé, Wahaha, Uni-President, and Nongfu Spring [2] Recent Developments - On August 16, Andeli signed a project cooperation letter with the Suizhong County Government to invest approximately 160 million yuan in a juice processing production line in Suizhong County, Liaoning Province, which will process 120,000 tons of apples and pears annually, generating an estimated annual output value of about 200 million yuan [1] - The cooperation aims to leverage the resource advantages of Huludao City, accelerate the development of the apple industry in the region, and promote increased production and income for local farmers [1] - Andeli's recent expansion efforts include the construction of a 40-ton concentrated peach juice and a 10-ton concentrated hawthorn juice production line, as well as acquisitions of Akesu Hengtong and Yan'an Fuxian Hengtong juice assets [2][3] Financial Performance - In July, Andeli forecasted a significant increase in its net profit for the first half of 2025, estimating a range of 187 million to 214 million yuan, which represents a year-on-year increase of approximately 40% to 60% [2] - The expected growth in profit is attributed to increased customer order demand and a substantial rise in the sales volume of concentrated juice [2] Industry Context - China is a major producer and exporter of concentrated juice globally, with Andeli indicating that while some apple-producing regions may face reduced yields due to weather factors, the overall national apple production is expected to remain stable [4] - The company anticipates a potential decrease in raw material fruit purchase prices as the juicing season approaches, with the overall supply-demand fundamentals in the concentrated juice industry remaining relatively stable [4]