Haixin Foods (SZ:002702)2023-09-12 09:47Group 1: Company Overview - Fujian Dong'ou Food Co., Ltd. specializes in high-end abalone research, production, and sales, located in Lianjiang County, known as "China's Abalone Capital" [2] - Lianjiang County accounts for approximately one-third of the national abalone production, benefiting from unique natural conditions [2] - The company emphasizes a production process free from additives and preservatives, with its own brand products sold nationwide [2] Group 2: Product Offerings - Dong'ou Food offers a variety of abalone products, including Buddha Jumps Over the Wall, canned abalone, and abalone dishes [3] - The company plans to increase R&D investment to innovate and meet diverse consumer demands [3] Group 3: Procurement and Quality Assurance - The company ensures high procurement rates of abalone due to its resource advantages in Lianjiang County [3] - The management team has over a decade of experience in the abalone industry, enhancing procurement efficiency [3] Group 4: Industry Insights - The current processing ratio of abalone is approximately 30% processed to 70% live, with potential growth in processed products as standardization in the restaurant sector increases [3] - Under optimal refrigeration conditions, abalone can have a shelf life of up to 24 months, with the company employing advanced techniques to maintain freshness [4]