A few days ago, Qiaqia
Food released a record of the investor relation activities, pointing out that
the daily gross profit of its flagship product nuts has increased compared with
the previous year, mainly due to the direct farm harvesting and improved
production efficiency.
“The direct harvesting on the nut farms removes the intermediate links and reduces procurement costs; the improvement of the production efficiency is mainly due to the upgrading of the production equipment, which gradually moves from 1.0 and 2.0 to 3.0 full-automatic production, saving labor and improving efficiency.” Qiaqia Food pointed out that, with the increase of the daily nut size in the later period, the advantages of supply chain and channel will gradually emerge, and the profit-making space can still be improved. At present, the daily capacity of nuts is satisfactory. With the increase of sales in the later period, new plants or production lines may be considered.