In Dec 2024, the group made specific modifications to its production process, and utilized the VF vacuum low-temperature freshness-locking technology to regulate cooking time and temperatures.
The group notes that this has led to a significant demand for these new products.
It adds that the sweet potato fries market globally was US$1.62 billion ($2.18 billion) in 2024 and forecast to expand at a CAGR of 5% to reach US$2.65 billion by the end of 2034.
The market value for the Chinese market is estimated at US$275.6 million and is forecasted to expand at a CAGR of 5.7% to reach a projected value of US$480.1 million by the end of 2034.
See also: Kimly’s subsidiary buys Yishun Ring Road coffee shop for $11 mil
Shares in Zixin closed flat at 2.7 cents on Apr 1.
