Zhitong Financial APP learned that prepared vegetable concept stocks strengthened on December 21, with 002695.SZ and 002186.SZ rising by their daily limit, 301116.SZ up 11.57 per cent and 300094.SZ up 6.07 per cent. On the face of the news, many provinces and cities such as Shandong, Yunnan, Fujian and Guangdong have launched prepared food support policies so far this year. Guosheng Securities believes that quick-frozen, prepared vegetables and leisure snacks in the fourth quarter have all entered the peak season of the industry, recommending stocks such as Anjing Food, which has steady growth in the main business and bright performance in the second curve. Guolian Securities pointed out that the prefabricated food industry presents a "large industry, small company" pattern, and is optimistic about companies with strong channel access, outstanding product brand advantages and complete supply chain.
On the face of the newsRecently, Shandong Province issued "opinions on promoting the High-quality Development of prefabricated Food Industry in the whole Province"We will support banking institutions to develop financial products and increase investment in credit resources for enterprises in the prefabricated vegetable industry.Prior to this, a number of provinces and cities have launched prepared food support policies, specifically:
In October, Yunnan Province issued the implementation opinions on the Development of Yunnan prefabricated vegetable Industry, requiring strengthening policy support, integrating the resources of all parties, vigorously supporting the development of prefabricated vegetable industry, ensuring land use and forest use of prefabricated vegetable industry in accordance with laws and regulations, and encouraging and guiding all localities to explore and carry out insurance for the development of prefabricated vegetable industry in accordance with local conditions.
In November, the Department of Commerce of Fujian Province and other nine departments jointly issued measures to accelerate the high-quality development of the prefabricated food industry, with a total of 21 measures to promote Fujian prefabricated food to become a characteristic industry of enriching the people and strengthening the province.
In November, the Yangjiang Central Branch of the people's Bank of China, the Yangjiang City Financial work Bureau and the Yangjiang Sub-Bureau of Bank of China Ltd. Insurance Supervision and Administration Commission jointly issued the "Ten measures for Financial support for the High-quality Development of prefabricated Food Industry". We will encourage and guide financial institutions to strengthen measures, reduce costs and provide excellent services around the whole industry chain of prefabricated vegetables, so as to accelerate the high-quality development of prefabricated food industry in Yangjiang City.
Guangdong Province has also issued "Ten measures to accelerate the High-quality Development of Guangdong prefabricated Food Industry" this year. In view of the guarantee of financial and financial factors, Guangdong has brought the development of prefabricated food industry into the scope of financial support at all levels. We will establish a reserve bank of prefabricated food industry projects at the provincial, municipal and county levels, support the construction of a number of major prefabricated food investment projects, and support financial institutions to develop special financial products for the prefabricated vegetable industry. Give full play to the role of provincial agricultural supply-side structural reform fund, build Guangdong prefabricated vegetable industry development fund system, and effectively reduce the difficulty and cost of enterprise financing.
It is worth noting that banking institutions are also involved in the development of prepared dishes.In December, Zhucheng held a meeting between banks and enterprises in the prefabricated vegetable industry, and 15 prefabricated vegetable enterprises received a bank credit of 45 million yuan. In the same year, Foshan Agricultural Industry Federation co-ordinated the establishment of a prefabricated vegetable industry alliance this year, and the first 53 joining units included 32 business entities, 3 industry associations, 14 financial and insurance institutions, and 4 scientific research institutes and technical testing institutions. The alliance has received industrial comprehensive credit support totaling 65 billion yuan from eight banks.
In July this year, Industrial and Commercial Bank of China Guangdong Branch launched a "prefabricated vegetable loan" to issue 5 million yuan in credit loans to a prefabricated vegetable production and sales enterprise in Foshan. It is understood that this loan is the first financing of the "prefabricated vegetable loan", an exclusive innovative product of small and micro enterprises launched by ICBC. The "prefabricated vegetable loan" launched by the bank is based on the procurement, settlement, assets, transactions, credit and other data of small and micro enterprises, such as agricultural leading enterprises engaged in prefabricated vegetable production and processing, and member units of prefabricated vegetable industry alliance. to provide it with working capital loans for operating turnover purposes, with a maximum loan line of 10 million yuan per household.
Industry insiders say that at present, there are many forms of financial support for the development of prefabricated dishes.The first is to set up an industrial fund to gather the dual support of state and private capital to carry out investment layout around the key areas of the industrial chain, such as prefabricated vegetable production and processing, warehousing and circulation and equipment production, and the second is to innovate financial products and services. guide relevant financial institutions to provide a package of customized products and services for enterprises upstream and downstream of prefabricated vegetables, play a strong supporting role, and lead more social capital to invest in the prefabricated food industry. The third is to strengthen insurance protection. Relevant insurance institutions are encouraged to launch a number of customized insurance covering the whole process of the prefabricated vegetable industry, including product quality and safety, corporate brands, problematic product recalls, freight guarantee, product traceability, and so on.
According to data from Ai Media Consulting, from 2019 to 2021, the market size of China's prefabricated vegetables increased from 244.5 billion yuan to 345.9 billion yuan, with an average annual compound growth rate of 18.94%. It is estimated that by 2026, the market size of China's prefabricated vegetables will exceed trillion yuan, reaching 1.07 trillion yuan.
Guosheng Securities believes thatWith the advent of the short-term peak season in the food and beverage industry, we will seize the opportunity of cost-effective growth in the medium and long term. Quick-frozen, prefabricated dishes and leisure snacks in the fourth quarter have all entered the peak season of the industry. Anjing Food with steady growth and outstanding performance in the second curve, negotiation Food, Ligao Food with strong elasticity of demand recovery and improved cost after the epidemic are recommended. Yanjin stores with new channels, new products and new specifications are recommended to pay attention to cost-improved elasticity and Ganyuan food. In the medium and long term, we should pay attention to the predicament and reverse opportunity of leisure lo mei, recommend halo leading tasteless food and Ziyan food, and pay attention to Zhou's Black Duck.
The Guolian Securities Research report pointed out thatThe prefabricated food industry presents a "large industry, small company" pattern, and is optimistic about the companies with strong channel access ability, outstanding product brand advantages and complete supply chain. Focus on the recommendation of Anjing Food, Sanquan Food, Qianwei Central Chef, Jiawo Food, Longda Cuisine; at the same time, it is recommended to pay attention to Wei Zhixiang, Guolian Aquatic products and so on.
Related concept stocks:
002695.SZ: the company focuses on the development, production and sales of stewed meat products and quick consumer food with cold dishes.
Qianwei Central Chef (001215.SZ): the company is a leading enterprise specializing in the aquatic industry for more than 20 years, creating business highlights with its own characteristics in the four core areas of aquatic prefabricated food procurement, quality control, channel and R & D, and realizing the innovation and upgrading from raw material processing to food research and development. In April this year, the company announced that it plans to invest abroad to set up Henan Yuzhi Food Technology Co., Ltd., a holding subsidiary, mainly focusing on R & D, production, promotion and sales of prefabricated vegetables.
Guolian Aquatic products (300094.SZ): in 2019, 2020 and 2021, the company's prepared food business achieved rapid growth, with revenue of 600 million yuan, 730 million yuan and 841 million yuan respectively, accounting for 12.96%, 16.24% and 18.8% of the total revenue, respectively. On July 28, the company signed a strategic cooperation agreement with focus Media to actively broaden the C-end channels and accelerate the C-end market penetration of prefabricated dishes. The company will focus on the C-end seafood prefabricated food brand "Little Tyrannosaurus Rex" to promote.
Wei Zhixiang (605089.SH): the company is a large-scale enterprise engaged in R & D and manufacturing of prefabricated dishes in the Chinese market, opening more than 1600 Wei Zhi Xiang stores in major cities. The company's business scope covers food production; food wholesale, retail; food production technology research and development; sales: edible agricultural products; technology development in the field of food.
Anjing Food (603345.SH): the company recently announced that the company's board of directors considered the "bill on foreign investment" and agreed that the company should invest a total of about 1 billion yuan in the project. On the same day, the company signed the Investment Agreement with the people's Government of Honghu City, Hubei Province. The project to be invested by the company is called Anjing prefabricated food production project, which covers an area of about 233 mu, which is located in the south of Chuanye Road, Wanjiadun Road and the north of Changqu Road, Honghu Economic Development Zone, Hubei Province.