Jinli Food Safety Plans to List on May 20 and Expand Globally

Chairman Liao Rixing (left 3) and General Manager Yin Hao (right 3) of Jinli Food Safety pose with their management team. Jinli Food Safety (7743), Asia's first mass-produced HPP cold-pressed juice company, is conducting a public auction from May 5 to 7 under the guidance of KGI Securities, with a bidding floor price of 25 NT dollars, and a maximum bid of 283 lots. The tentative subscription price is set at 28 NT dollars, with plans to list on May 20.
Benefiting from the growing global emphasis on food safety and healthy beverages, Jinli Food Safety anticipates steady financial growth. Company revenue is projected to increase from NT$506 million to NT$642 million between 2022 and 2024, with net profit after tax rising from NT$45.53 million to NT$61.71 million, and EPS increasing from NT$1.36 to NT$1.85. General Manager Yin Hao stated that the company not only maintains stable sales in the Taiwanese market but is also actively expanding into international markets, having successfully entered Japan, Australia, and the United States, with plans for further expansion into Europe and Southeast Asia.
According to Market Size Overview, the global cold-pressed juice market is expected to grow from USD 860 million in 2024 to USD 1.29 billion in 2029, with a compound annual growth rate of 8.42%. Post-COVID-19, consumer lifestyles and dietary habits have shifted, leading to an increase in the demand for healthful natural juices. Jinli Food Safety leverages Taiwan's rich supply of fresh fruits and vegetables, developing a diverse range of products, while specifically targeting health drink needs for the elderly market, aligning with increasing demands in this demographic.