Market size in China
According to the "2018-2023 China Food Industry Market Prospects and Investment Opportunities Research Report"released by the China Institute of Commerce Industry, China's food industry can be divided into three subsectors, namely agricultural food processing, food manufacturing, and wine, beverage and refined tea manufacturing. The revenue of the agricultural and food processing market increased from 5.9 trillion yuan in 2013 to 7.4 trillion yuan in 2017, with a compound annual growth rate of 5.8%.The food manufacturing industry has grown rapidly in China, registering a compound annual growth rate of 10.7 percent between 2013 and 2017.
Food and beverage revenue grew at a compound annual growth rate of 7.5% from 2013 to 2017 and is expected to grow at a compound annual growth rate of 7.7% from 2017 onwards.
Data source: collated by China Business Industry Research Institute
Development path
2016
Successfully listed on the capital market, stock code-FVTI
2015
Initiated the establishment of a safe food supply chain--FVTI Group
2017~2018
Injecting Donguan FVT assets, issuing 300 million shares, with a market value of $540 million
2019-2020
ntegrate and reorganize Xixingdao Technology,
build a safe food supply chain O2O service platform, and launch an upgrade plan
2021
Transformation and upgrading and strategic layout, improve B2B2C supply chain services, and promote the circulation of FVTI online safe food to all parts of the world, with a market value of $1.456 billion
2020
Planning summary of the shareholders meeting on April 8
————
————
U.S. OTC exchange website:https://www.otcmarkets.com/stock/FVTI/disclosure
(All FVTI information is available)
QR code of FVTI official account
|