The total output of China aquatic products accounted for 40% in the world in 2005. The output of aquatic product per capita rose from 29kg in 1997 to 39kg in 2005 in China, and it is forecasted that the total output of aquatic products will amount to 65.34 million tons in 2010.
Currently, the output of China aquatic feedstuff industry is about 10 million tons, and the special aquatic feedstuff output is about 1 million tons. At present, there are about 200 manufacturers in the special aquatic feedstuff industry, but the number of enterprises of over 30000-ton output is only 20, so the production capacity is quite dispersed.
The main business of Tech-bank is the production and sales of special aquatic feedstuff, and its current yearly feedstuff production scale is about 96000 tons. The average gross profit margin of special aquatic feedstuff of the company amounted to 21% from 2003 to 2006, far higher than 10%, the average level of the aquatic feedstuff industry.
Per Capita Aquatic Products Consumption Spending and Consumption Volume of China Urban Population, 2000-2005
CAGR of Main Aquatic Products in China, 1995-2005
Gross Profit Margin Comparison between Tech-bank and Tongwei, 2003-2006
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