Yuehai Feeds attempts second IPO

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Guangdong Yuehai Feeds Group is seeking regulatory approval for a USD 188 million IPO on the Shenzhen Stock Exchange in China. The Chinese aquafeed producer submitted IPO documents to the China Securities and Regulatory Commission in early December 2021.

This is the company’s second IPO attempt. Established in 1994, Yuehai Feeds has its headquarters in Zhanjiang, Guangdong. It has 20 subsidiaries in China, as well as in Vietnam and Hong Kong.

In 2015, the company attracted investment from the global investment firm KKR to expand its operations.

Yuehai is the largest manufacturer of high-end special aquatic feed products in China by market share according to China Feed Industry Yearbook.

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Managing Editor and Editor of Asian Poultry Magazine, Jakarta, Indonesia. Arief juggles team directorial management regionally while monitoring avian disease with articles such as, ‘Bacterial enteritis could become a bigger problem by 2025’.