
Mingming is very busy: How did the 'Pinduoduo of the snack industry' achieve its success?
Is it just a 'snack transporter,' or is there more to it?

Shanghai Laiyifen Co.,Ltd operates snack food stores in China. Its products include cakes and pastries, seeds and nuts, legumes, puffed, instant food, seafood,...
A-share food and other consumer stocks fluctuated and rose, with LYFEN hitting the daily limit in the afternoon. YANGYUAN, MQR, GANYUAN FOODS, EASTROC BEVERAGE, and NHD leading the gains
Consumer stocks such as food and dairy have fluctuated and strengthened, Zhuangyuan Pasture surged to the limit, LYFEN previously hit the limit, and Royal Group, Bestore, XIANGPIAOPIAO, YANKERSHOP, and others followed suit
Mingming is very busy: How did the 'Pinduoduo of the snack industry' achieve its success?
LYFEN plans to launch the third phase of its employee stock ownership plan
LYFEN: The equity change of the controlling shareholder decreased by 1.65%
LYFEN: Loss of 50.6839 million yuan in the first half of the year, turning from profit to loss year-on-year

Is it just a 'snack transporter,' or is there more to it?
