Anjoy Foods expands frozen food project with new subsidiary

Anjoy Foods Group Co., Ltd. will add Henan Anzhai Food Co., Ltd. as an implementation entity for its "Henan Phase III Project." The project, valued at RMB 73,000, focuses on expanding frozen food production by 140,000 tons. This move aims to optimize resource allocation, reduce costs, and improve overall operational efficiency, aligning with the company's long-term development plans and shareholder interests.

The decision was approved on December 22, 2025, by the Fifth Board of Directors' Audit Committee and the Fifth Board of Directors. The change does not alter the fundraising project's purpose, scale, or location. China Securities Co., Ltd., acting as the sponsor, confirmed that the change complies with relevant regulations.

Henan Anzhai Food Co., Ltd., established on December 10, 2025, has a registered capital of RMB 50 million and is wholly owned by Henan Anjoy Food Co., Ltd. Its business scope includes food production, sales, and import/export. The facilities for Henan Anzhai's operations will be leased internally from Henan Anjoy.