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Based on consensus from external analysts. Not Kvantra's opinion.

Tongwei Co., Ltd., a subsidiary of Tongwei Group Co., Ltd. established in 1982 and based in Chengdu, China, operates both domestically and internationally as a diversified enterprise. The company's core business revolves around the manufacturing and sales of animal feed products. This includes a comprehensive range of aquatic feeds designed for various species such as grass carp, tilapia, and sturgeon, alongside aquatic premixes. Additionally, they produce livestock feeds for poultry (ducks and chickens) and pigs, complemented by specific premixes for these animals. Beyond feed, Tongwei also provides aquatic seed products and a variety of animal medicine offerings, encompassing traditional Chinese remedies, external disinfectants, topical insecticides, and oral vitamins and antibiotics. The company's portfolio extends to the food industry, supplying fresh and frozen products like fish, pork, and duck. Furthermore, Tongwei offers farming machinery, including specialized equipment such as sow feeders, automatic separators, heat detectors, and various material handling systems. Complementing these activities, the company is actively involved in aquatic product research, aquaculture, animal health services, and food processing.

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