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Qiaqia Food: sales of Daily Nut expected to growth rapidly in 3-5 years

Pubtime:2020-11-02Author:Source: Hits:

On October 19, Qiaqia Food expressed that, under the influence of the epidemic situation, the growth rate of its daily nuts reduced compared to 2019, but it is expected that the sales volume will increase significantly in 3-5 years. According to Qiaqia Food, the funds raised by convertible bonds will be used to develop the Qiaqia Nut Snack Food Project in Chuzhou and other projects, so as to supplement production capacity and improve research, development and testing capacity of the company.

Qiaqia Food has started to establish nut development strategy as early as 2014, and officially launched the yellow bag "Daily Nut" in 2017, and made it a "big single product". At present, nuts have become an important product line of Qiaqia Food.

According to reports, in order to break the barriers of the international nut market, in addition to planting macadamia fruit in Baise, Guangxi Province, and hickory fruits in Hefei and Chizhou, Anhui Province, Qiaqia Food has also set up the Nut Pie Agricultural Co., Ltd. with Huatai Group, focusing on the cultivation and production of nut raw materials.