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Qingdao Richen Food Co Ltd

Qingdao Richen Food Co., Ltd. researches, develops, produces, and sells compound seasonings in China. Its product range includes sauces and seasonings such as marinade sauces, spread sauces, noodle sauces, stir-fry sauces, cooking liquids, cold dish sauces, salad dressings, flavored soups, grilled fish seasonings, and hot pot seasonings, as well as Chinese stir-fry, roasting, ramen soup, crayfish, and light meal seasonings. The company also offers powdered seasonings, frozen dough products, and food additives like compound acidity regulators, compound moisture retainers, and caramel coloring. Founded in 2001 and based in Qingdao, China, it serves chain restaurants, food processing companies, and brand retailers, and operates as a subsidiary of Qingdao Boya Investment Holding Co., Ltd.

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Richeng Shares' first-half net profit attributable to parent falls 16.5% to 29.41 million yuan

Richeng Shares released its 2026 half-year report, showing first-half net profit attributable to the parent fell 16.5% year-on-year to 29.41 million yuan, while operating revenue rose 16.3% to 237 million yuan. Second-quarter net profit attributable to the parent was 11.21 million yuan, down 36.2% year-on-year. The company completed the acquisition of Jiaxing Aibeibang Food Co., Ltd. in March 2025, expanding into the frozen dough bakery segment and continuing to increase investment in new product research and development. The company adopts a production-to-sales and procurement-to-production model, and has achieved intelligent manufacturing through its newly built Jiaxing plant.
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Richeng Shares Plans Dividend of 0.2 Yuan Per Share, Payout Ratio 66.11%

Richeng Shares announced on August 28 that it plans to distribute a cash dividend of 0.2 yuan per share, including tax, to all shareholders, with an estimated total payout of 19.44 million yuan, accounting for 66.11% of the company's net profit attributable to the parent in the 2026 interim consolidated financial statements. In the first half of 2026, the company achieved revenue of 237 million yuan and net profit attributable to the parent of 29.41 million yuan.
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Richen Shares Completes 17 Million Yuan Capital Increase for Subsidiary Richen Shanghai

Richen Shares has completed a 17 million yuan capital increase for its wholly-owned subsidiary Richen Food Sales Shanghai Company Limited. After the capital increase, Richen Shanghai's registered capital rose from 3 million yuan to 20 million yuan, with the funds to be used to supplement working capital and enhance development capabilities. Richen Shanghai has obtained a renewed business license from the Market Supervision Administration of Minhang District, Shanghai, and its business scope includes goods and technology import and export as well as wholesale of pre-packaged food.
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