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Trades about 104% below its sector, cheaper than its peers on earnings.
China Shenghai Group Limited, an investment holding entity, primarily focuses on processing and marketing seafood products, which it distributes across Mainland China, Hong Kong, and South Korea. The company's diverse product range features dried, frozen, and algae and fungi seafood, as well as seafood snacks sold under its Wofan brand. Beyond these offerings, it also engages in the procurement and sale of fast-moving consumer goods, cosmetics, fashion apparel, and accessories. Its extensive sales network reaches supermarkets, trading companies, convenience stores, and alternative channels such as food manufacturers, gift retailers, and e-commerce platforms. Founded in Xiamen, China, in 2005, the company officially changed its name to China Shenghai Group Limited in July 2020, having previously been known as China Shenghai Food Holdings Company Limited.
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