(FMCG News) Recently, some netizens broke the news on social platforms that there was a black unknown object in the skin of A Kuan's red oil noodles purchased, suspected of rat meat, which caused concern. Product manufacturer Bai Jia Akuan quickly posted a response to the question at 2:40 a.m. today, saying that it attached great importance to the information after receiving it, "At present, it has contacted consumers, because the other party has not retained and provided product packaging, production batches and purchase records, and the company has not been able to judge that the bread is the company's product." And said, "If it is identified as our products and related quality problems, it will strictly comply with national laws and regulations to accept all penalties from government departments and all compensation for consumers, and will never shirk responsibility!" ”
"FMCG" learned that Sichuan Baijia Akuan Food Industry Co., Ltd. (hereinafter referred to as "Akuan Food"), a company belonging to the Baijia Akuan brand, is a food enterprise mainly engaged in research and development, production and sales of convenience foods, and the company's products include four major product series such as instant noodles, convenient fans, instant rice noodles, and self-heating food, with more than 200 single products, which belong to the brand matrix of "Akuan" and "Baijia Chenji". At the same time, the company also provides OEM services for customers such as three squirrels, baicaowei, plum ziqi, netease yanxuan and so on.
At present, Akuan Foods is sprinting for an IPO. In January this year, the prospectus of Akuan Food was released on the official website of the China Securities Regulatory Commission and intends to be listed on the main board of the Shenzhen Stock Exchange. Akuan Food has encountered product liability disputes many times. In the Tianyancha App, Akuan Food Risk Information shows that Sichuan Baijia Akuan Food Industry Co., Ltd. has been involved in dozens of legal proceedings, and has been sued many times for product liability disputes and online shopping contract disputes.
Before submitting the prospectus, Akuan Foods made a series of equity changes. On February 19, 2020, Akuan Foods announced that it has reached a Series A financing of 110 million yuan. The investment was led by Tongchuang Weiye Group, followed by Qianhai Equity Investment Fund and Changzhou Binfu Modern Service Industry Fund. On June 11, 2020, Akuan Foods announced that it has obtained nearly 200 million yuan of B round financing from 5 institutions, including Hillhouse Venture Capital, Moutai Jianxin Fund, One San Capital, Tongchuang Weiye and Binfu Fund.
Sichuan Baijia Akuan Food Industry Co., Ltd
Chairman Mr. Chen Zhaohui
Under the impetus of the epidemic, the "home economy" prevailed, and Akuan Food grew rapidly. During the reporting period (2018-2021), the operating income of Akuan Foods was 422 million yuan, 631 million yuan, 1.109 billion yuan and 593 million yuan, respectively, and the net profit attributable to the mother was 6.0848 million yuan, 23.6485 million yuan, 76.2649 million yuan and 21.9294 million yuan, respectively. Among them, in 2020, that is, the year of the outbreak of the new crown epidemic, the revenue and net profit of Akuan Food increased amazingly, and the company entered a stage of rapid development.
FMCG found that among the risk factors in the prospectus, Akuan Foods made a key reminder for food safety. Akuan Food said that the company's various product production processes need to go through more than ten production processes, so there is a possibility of omission in quality control nodes such as production links and process handovers, resulting in product safety issues. After the product is sold out of the warehouse, the logistics or courier company is entrusted to deliver to the customer, and the transportation, loading and unloading process takes a certain amount of time. The company mainly sells in the distribution mode, and reaches the final consumer through various terminals such as supermarkets, convenience stores, and retail stores after selling to distributors. The company's customers and sales terminals are all over the country, the company can not achieve direct control of the transportation links and circulation channels, such as the negligence or improper operation of the partners, may also cause food safety risks.