Foshan Haitian Flavouring and Food stock completes Amoy deal
Published on 10/06/2026 at 14:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFoshan Haitian Flavouring and Food stock (ISIN CNE100001SL2) was last at CNY 33.17 on the Shanghai Stock Exchange on September 30, 2026, with a daily gain of 0.79 percent. The company completed its acquisition of Amoy Food on September 11, 2026, according to MarketScreener.
Amoy expands Haitian reach
The transaction adds Amoy Food, a Hong Kong food manufacturer with soy sauce, oyster sauce, seasoning sauces and frozen dim sum products, to Haitian's portfolio. DealStreetAsia reported on September 11, 2026, that Amoy's distribution network spans more than 30 countries and regions.
MarketScreener described the deal as a combination of Haitian and Amoy's branding, channels, manufacturing footprint and supply chains. The strategic logic is international expansion, while the immediate financial contribution of Amoy remains a separate question for future reports.
Revenue grows while targets stay higher
For the half year ended June 30, 2026, Haitian reported revenue of CNY 16.1 billion, up 6.01 percent from the prior-year period, and net profit of CNY 4.2 billion, up 7.13 percent, according to Aurelian Data Services. The same period produced a net margin of 25.95 percent, giving investors a useful profitability measure alongside the sales growth.
The stock's September 30 price sits CNY 1.57 above its 52-week low of CNY 31.60 and CNY 9.28 below its 52-week high of CNY 42.45. Its market capitalization was CNY 184.4 billion, while trading volume reached 12,207,315 shares on that date.
Consensus points to CNY 40.68
Investing.com lists a Buy consensus from 20 analysts, with 14 Buy ratings, 6 Hold ratings and 0 Sell ratings. The average 12-month target is CNY 40.68, with a high estimate of CNY 48.00 and a low estimate of CNY 32.60.
MarketScreener separately shows an Outperform mean consensus from 20 analysts and the same CNY 40.68 average target. That target framework places the market discussion above the current CNY 33.17 reference price, while the 21.86 percent gap to the 52-week high shows that the stock remains below its yearly peak.
Haitian stock remains below its yearly high
Foshan Haitian Flavouring and Food stock was last at CNY 33.17 on the Shanghai Stock Exchange at 3:00 p.m. CST on September 30, 2026. The next valuation question is whether Amoy's international distribution can add to Haitian's 6.01 percent first-half revenue growth.
Foshan Haitian Flavouring and Food stock facts
- Company: Foshan Haitian Flavouring and Food Company Ltd.
- ISIN: CNE100001SL2
- Ticker: 603288
- Trading venue: Shanghai Stock Exchange main board
- Price (as of September 30, 2026, 3:00 p.m. CST): CNY 33.17
- Market capitalization: CNY 184.4 billion (as of September 30, 2026)
- 52-week range: CNY 31.60-42.45 (as of September 30, 2026)
- Sector / Industry: Food Processing
- Index membership: CSI 300 and CSI A500
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