As the third pillar of development of Jianhe Group , the pet nutrition and nursing supplies business (PNC), achieved revenue of 1.07 billion yuan in the first three quarters of 2022, a year-on-year increase of 26.1%, sales in the Chinese market achieved a strong growth of 52.3%, and the North American market achieved a double-digit growth of 20.6%.
Jianhe PNC performance has grown steadily in recent years, not only has the global pet economy ushered in explosive growth, but also with the popularization of the concept of scientific feeding for pets, the consumption demand in China's pet market is gradually being released. At present, China's pet market is in a period of rapid development of pet raising rates and pet nutrition consumption upgrading. Several data show that the pet nutrition and health market has great development potential. Solid Gold Suli Gao ranks second in the high-end cat food category in China. During this year's Double Eleven Shopping Festival, Solid Gold won the top 1 imported cat staple food stores and single products in Tmall in three consecutive major promotions, as well as the top 1 JD POP Damao cat dry food stores and single products in .
jianhe Solid Gold Suligao products
In March 2022, Solid Gold Suligao ushered in the "new Suligao" brand upgrade in the Chinese market. At the same time, the Chinese market has launched five new star products including Suli Gaoduogen Protein New Double Pin Grain to expand a more complete product portfolio and further meet more consumer needs. In the first three quarters of 2022, in terms of channels, Solid Gold's strength was higher than that of China's offline market and entered about 7,300 pet stores and pet hospitals . But in the third quarter of this year, supply chain challenges in North America affected some of Solid Gold's high supply, which is expected to stabilize in early 2023.
PNC continues to deepen its roots in the North American market, with a double-digit increase of 20.6% year-on-year. In the first half of the year, Zesty Paws secured a leading position in Amazon and Chewy e-commerce platforms. In addition, PNC further expands its channels, and Zesty Paws has entered the Costco online store. Offline, Solid Gold Suligao and Zesty Paws have over 10,000 stores across the United States, including major chain stores such as Walmart, Target, Petco and Pet Smart. In addition, the group also launched a number of innovative products in the third quarter, including functional snacks for cats containing CBD and dental cleaning products for dogs. Solid Gold launched a new sedative supplement chewable tablet containing Bioboost™ formulated with a proprietary blend, and Solid Gold NutrientBoost™ Protein Cat Food Products won the "2022 Dog Food Product Pet Innovation Award".
Jianhe Zesty Paws Happy Yizha brand product
As a leader in pet intestinal health and probiotic diet,Jianhe Solid Gold Suliga has been recognized by consumers since entering the Chinese market.Solid Gold Suliga has been deeply engaged in pet intestinal health research, and has worked with professional R&D institutions to scientifically verify the feeding effect, and continue to develop more pet foods related to intestinal health and to enhance immunity , and explore new developments in the field of pet nutrition and health. In the future, Solid Gold and Zesty Paws will work together to bring more high-quality products suitable for Chinese pets to Chinese consumers, and truly protect pet health from the aspects of gastrointestinal tract, healthy growth and development of the skin and fur, and systemic immunity.
