Yantai China Pet Foods Co Ltd Experiences Significant Stock Surge
Yantai China Pet Foods Co., Ltd., a leading pet food manufacturer based in Yantai, China, has seen its stock price reach a new historical high. The company, which operates in the Consumer Staples sector and is listed on the Shenzhen Stock Exchange, experienced a notable increase in its share price on June 4, 2025.
On this date, the company’s stock, identified by its ticker 002891, surged by 9.17%, closing at 72.24 CNY. This closing price marked a new peak for the company, surpassing its previous 52-week high of 71.68 CNY set on May 19, 2025. The significant rise in stock value reflects growing investor confidence and interest in the pet food industry.
Yantai China Pet Foods Co. Ltd. specializes in the development, production, and sales of a wide range of pet-related products, including wet and dry food, snacks, and training reward food. The company has a strong global presence, marketing its products internationally.
The surge in Yantai China Pet Foods’ stock is part of a broader trend in the pet economy sector. On the same day, other pet economy concept stocks also experienced substantial gains. For instance, Tianyuan Pet Foods saw an increase of over 17%, while Yuenfei Pet Foods rose by more than 7%.
This upward trend in pet-related stocks is attributed to the growing popularity and economic potential of the pet industry, often referred to as the “fur baby” economy. The pet industry has been identified as a significant growth area, with increasing demand for high-quality pet food and related products.
As of May 29, 2025, Yantai China Pet Foods Co. Ltd. had a market capitalization of 19,179,433,536 CNY and a price-to-earnings ratio of 43.0322. The company’s recent performance highlights its strong position within the pet food market and its potential for continued growth.
For more detailed information, readers can refer to the original news sources: Xueqiu News and Eastmoney Stock News .