Chinese seafood-based snack maker China Marine Food Group has announced that it plans to sell 4.6m shares in order to raise US$28.5m.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company said that it will issue 4,615,388 shares at $6.50 per share.


The offering is subject to customary closing conditions and is expected to close on 25 January.


The company intends to use the net proceeds from this offering for working capital and general corporate purposes.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now