Economic Observation Network Anjing Food (02648. HK) has recently promoted overseas layout related actions and actively expanded into the Southeast Asian market.

Promotion of company projects
On October 12th, it was announced that it plans to acquire 60% equity of IFC in Singapore for $30.47 million, and expand its presence in the frozen baking and Southeast Asian markets. The transaction still needs to complete procedures such as overseas investment filing, and there is uncertainty in the delivery time In September, we signed a contract with Indonesia's Sanlin Group to jointly build a production base. "Going global" is currently an important mid-term narrative 。

The above content is based on publicly available information and does not constitute investment advice.