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Dacheng Advises Youyou Food on NEEQ Listing

On November 20, Youyou Food Co., Ltd. (“Youyou Food”, stock code: 831377) was successfully listed on the National Equities Exchange and Quotations (“NEEQ”) system. The company was advised by Shanghai-based senior partner Fan Xingcheng and paralegal Wei Weiqiang and Chongqing-based associate Yan Kefen. 

Youyou Food is primarily engaged in the development, production and sale of pickled and braised snack food, with RMB378mln in assets, 150mln of total shares outstanding and RMB115mln in net profits. Headquartered in Chongqing, Youyou Food has two production bases in Chongqing and Sichuan respectively and is owner of Sichuan Youyou Food Development Co., Ltd., Chongqing Youyou Food Sale Co., Ltd., Chongqing Youyou Import-Export Co., Ltd. and Chongqing Youyou Food Production Co.,Ltd.. 

Since its inception in 1997, Youyou Food has always upheld the values of integrity, hard work, perseverance and innovation and has been committed to providing consumers with delicious, quality, safe and healthy snack food. It is honored a “Top 50 Privately-owned Businesses in Chongqing” and “Excellent Privately-owned Enterprise in Chongqing”.

Youyou Food owns independently developed core technologies in producing pickled meat and vegetables and braised food. Its key product—Youyou chicken feet with pickled peppers—is granted a national invention patent (Patent No.: ZL 99 1 14725.1) and is market-leading in the area of pickled meat. The brand “Youyou” is identified as both a “Well-known Trademark in Chongqing” and a “Well-known Trademark in China”.