Anjoy Foods Group, established in 2001 and headquartered in Xiamen, Fujian province, is China's largest manufacturer of frozen surimi-based products and a leading comprehensive frozen food company. The company's product portfolio spans frozen hotpot ingredients including fish balls, beef balls, and imitation crab sticks, as well as frozen prepared foods such as dumplings, steamed buns, and ready-to-cook dishes that cater to the rapidly growing convenience food market in China. Anjoy operates multiple state-of-the-art production facilities across China and has built one of the most extensive cold chain distribution networks in the domestic food industry, enabling nationwide coverage from coastal manufacturing bases to inland consumption centers. The company has been listed on the Shanghai Stock Exchange since 2017.

Anjoy's competitive moat is built on its unparalleled cold chain logistics infrastructure and manufacturing scale, which creates significant cost advantages and barriers to entry for smaller competitors. The company's R&D capabilities in food science, particularly in surimi protein processing and frozen dough technology, enable consistent product quality and the rapid commercialization of new product categories aligned with evolving consumer preferences. In 2025, Anjoy published its ESG report highlighting its food safety management system, which includes over 200 quality control checkpoints from raw material sourcing to finished product distribution. The company has also implemented water conservation and wastewater treatment upgrades across its manufacturing facilities, reducing water intensity per ton of production by 15% compared to 2022 baseline levels.

安井食品成立于2001年，总部位于福建厦门，是中国最大的冷冻鱼糜制品制造商和领先的综合冷冻食品企业。公司产品组合涵盖冷冻火锅料（包括鱼丸、牛肉丸和蟹味棒）以及冷冻面点制品（如饺子、包子和即烹菜肴），满足中国快速增长的方便食品市场需求。安井在中国各地运营着多个现代化生产基地，并建立了国内食品行业最广泛的冷链分销网络之一，实现了从沿海制造基地到内陆消费中心的全国覆盖。公司自2017年起在上海证券交易所上市。

安井的竞争护城河建立在其无与伦比的冷链物流基础设施和制造规模之上，这创造了显著的成本优势和对小型竞争者的进入壁垒。公司在食品科学领域的研发能力，特别是鱼糜蛋白加工和冷冻面团技术，确保了产品品质的一致性，并能快速实现符合消费者偏好变化的新品类的商业化。2025年，安井发布了ESG报告，重点介绍了其食品安全管理体系，涵盖从原材料采购到成品分销的200多个质量控制检查点。公司还在各生产基地实施了节水和水处理升级，每吨产品的用水强度较2022年基线水平降低了15%。