Trustar Capital today announced the successful completion of the sale of the entire equity interest in Amoy Food Limited (collectively referred to as “Amoy Food” or “the Company”) to Foshan Haitian Flavouring and Food Company Ltd.(SSE: 603288.SH; HKEX: 03288.HK, collectively referred to as “Haitian”).

Founded in 1908 and headquartered in Hong Kong, Amoy Food offers a diverse product portfolio spanning soy sauce, oyster sauce, seasoning sauces, and frozen dim sum products. Its sales network extends to more than 30 countries and regions worldwide. As a China-originated brand with a century heritage globally, Amoy Food has consistently upheld a commitment to quality and authentic traditional flavors. Renowned internationally for its meticulous “Made in Hong Kong” standards, the Company continues to deepen its presence across different markets, developing locally tailored product offerings that cater to the needs of regional consumers.

Haitian, also a time-honored Chinese brand, is the largest condiment manufacturer in China. With a broad and diversified product portfolio, the company serves a wide range of culinary and kitchen use cases. Guided by consumer demand and committed to delivering authentic Chinese flavors, Haitian leverages end-to-end quality control across its entire supply chain, from farm to table. The company has also strategically positioned itself within the health and wellness segment, responding effectively to emerging consumer trends favoring lower-sodium, natural, and functional food products.

Trustar Capital remains firmly committed to supporting the development of the real economy, with the food & beverage industry as one of its core investment sectors. Following its acquisition of the global business of Amoy Food in 2019, Trustar Capital leveraged its extensive food & beverage industry ecosystem and proven post-investment value creation expertise to help the Company strengthen its corporate governance framework, enhance operational and management capabilities, expand its R&D and manufacturing capacity, and broaden its market footprint, thereby providing sustained momentum for Amoy Food’s growth in the past 7 years.

Following the completion of the transaction, Haitian and Amoy Food will be well positioned to combine their respective strengths. By leveraging synergies across brand heritage, channel coverage, manufacturing footprint, and supply chain capabilities, the two companies aim to unlock new opportunities for long-term growth and sustainable development.

About Haitian

Haitian is guided by its mission of “promoting the business of great taste and creating a better life.” The company is the largest condiment manufacturer in China. Its product portfolio spans 13 major categories, including soy sauce, oyster sauce, sauces and condiments, vinegar, cooking wine, chicken essence, ketchup, compound seasonings, grains and edible oils, enabling it to meet a wide range of cooking and dining needs across diverse kitchen scenarios. For more information, please visit: https://www.haday.com/.

About Amoy Food

Founded in 1908 and headquartered in Hong Kong, Amoy Food is renowned internationally for its meticulous “Made in Hong Kong” standards. Amoy Food offers a diverse product portfolio spanning soy sauce, oyster sauce, seasoning sauces, and frozen dim sum products. Its sales network extends to more than 30 countries and regions worldwide. For more information, please visit: https://www.amoy.com/.

About Trustar Capital

Trustar Capital is a leading private equity firm in Aisa focusing on control‑oriented acquisitions globally and has completed more than 100 investments across China, Japan, the United States, and Europe. It currently manages over USD10.6 billion in assets. For more information, please visit: http://www.trustarcapital.com/.