The company is a limited liability company based on the original Xiangpiaopiao Food Co., Ltd., with nine natural person shareholders including Jiang Jianqi, Jiang Jianbin, and Lu Jiahua, and Hangzhou Zhizhou Hedao Enterprise Management Partnership (Limited Partnership) (formerly known as Anhui Zhizhou Hedao Enterprise Management Partnership (Limited Partnership)) as founders. The company's main business is R&D, production and sales of beverage-related products, which are divided into two major product segments: milk tea and ready-to-drink beverages. The company's main products include “Xiang Piao Piao” classic series, good ingredients series, handmade oat milk tea, “Meco like fresh” fruit tea in cups, “Lanfangyuan” frozen lemon tea, etc. Corporate honors include the 2022 Top 10 Manufacturing Taxation Companies and Top 20 Chinese Beverage Industry Companies, Outstanding Charity Contribution Award, the Top 3 Honorary Certificate for the Market Share of Xiangpiaopiao Solid Milk Tea in Similar Domestic Products issued by the China Beverage Industry Association, Huzhou Intellectual Property Demonstration Enterprise, Zhejiang Intellectual Property Demonstration Enterprise Honorary Medal, National Intellectual Property Advantage Enterprise, China Beverage Industry - Excellent Business Performance Enterprise, High Quality Development Leading Enterprise (Top 19), etc.
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