Sichuan Runzhao Fishery
Vertically integrated sturgeon farming and caviar production.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | CNY100m | Series A | |
| Total Funding | 000k | ||
Sichuan Runzhao Fishery Co., Ltd. is a specialized aquatic enterprise focused on the entire sturgeon industry value chain, from breeding to processing and sales. Founded in 2006 by Chairman Li Jun, the company is headquartered in Chengdu, Sichuan, a region known as the "Land of Abundance". The company has established more than ten large-scale sturgeon breeding bases across Sichuan, Gansu, and Chongqing, utilizing high-altitude, cold-water resources to create optimal farming conditions. It also operates a modern processing center that meets export qualifications for Europe and the United States.
The company's business model is vertically integrated, encompassing sturgeon breeding and hatching, technical research, caviar and sturgeon meat processing, and cultural dissemination. Its core product is caviar, sold internationally under the brand FROSISTA. This product is supplied to clients in over 30 countries, including the USA, Germany, and Japan, and is used by numerous well-known hotels and food service customers. In 2024, the company's caviar production accounted for approximately 12-14% of the global market share. Faced with a decline in wild sturgeon populations and subsequent international trade bans, Runzhao Fishery capitalized on the market shift towards farmed caviar.
The firm collaborates with scientific institutions like Sichuan Agricultural University to advance research in sturgeon reproduction and processing technologies, resulting in 18 new patents. The company's expansion plans include a new breeding center intended to significantly increase its production capacity. In early 2024, the company completed an A+ funding round of over 100 million yuan, led by Frees Fund, to support its growth. While historically export-focused, the company is also increasingly targeting the growing domestic Chinese market with specific brands and marketing efforts.
Keywords: sturgeon farming, caviar production, aquaculture, FROSISTA, vertically integrated fishery, aquatic products, seafood processing, sturgeon breeding, Chinese caviar, food export, cold-water fishery, Li Jun, luxury food, food and beverage, gastronomy, wholesale food, sustainable aquaculture, seafood supplier, Chengdu, Sichuan fishery