We were founded in 1999 and are a Chinese confectionery product manufacturer. We manufacture and sell confectionery products, including gum-based candy, pressed candy, inflatable candy and hard candy. We generally purchase raw materials from suppliers, manufacture and package confectionery products in our in-house production facilities, and (i) sell our products in China and overseas countries under brands owned or authorized by our OEM customers, or (ii) sell our products to distributors and end customers in China under our own brands (i.e. Kusar, Lalab, and Jiujiuwang). According to the Frost & Sullivan report, in terms of revenue, we ranked second in the overall sweets market in Fujian Province, accounting for about 2.7% of the regional market share in 2019 and 0.7% of the Chinese market share in 2019.
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