sahararichesmegaways| Ximai Food: The company does not rule out the possibility of entering more market segments related to oats through business, capital, etc.

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Source: Beijing Business Daily

Beijing Business Daily (Reporter Bai Yang) on May 13, Ximai Food said in the investor relations activity table that the strategic merger and acquisition of Desaikang Valley is a concrete embodiment of the company's development in the main industry. The company itself makes oatmeal breakfast, which has formed a very good market foundation. Oat market development potential is great, around oats, the company will expand horizontally, will enter more market segments. The main product of Desaikang Valley is yogurt lid, which contains oats, which is a market segment associated with the main line of oats. The company's entry into the market is in line with the company's horizontal expansion in the oat cereal sector. Desaikang Valley provides yogurt cover products for leading dairy enterprises in China, and is in a leading position in the yogurt cover industry. Desaikang Valley has good fundamentals and has great potential for future growth. Of course, the company has also encountered the problem of insufficient capital strength in the process of development, including insufficient production capacity to meet demand. The products of both sides are based on oats, and the company can provide comprehensive capacity in terms of capital and production capacity, including the supply chain. After the combination of the two sides, with the help of the company, Desaikang Valley can achieve high growth in the future. This is one of the layout of the company's development strategy and will be a typical example of the development of the company in the subdivision field in the future. The company does not rule out the possibility of entering more market segments associated with oats through business, capital and other means.