A US Department of Homeland Security working group has updated its import restriction list targeting China, adding brands including Qiaqia Food, Synear Foods, and Septwolves, effective August 3. Qiaqia Food's overseas revenue in 2025 accounts for less than 9 percent of total revenue, with direct exports to the US making up an extremely low share. The company expects a net profit attributable to shareholders of between 240 million and 265 million yuan for the first half of the year, a sharp year-on-year increase of 170.8 percent to 199.0 percent. Its share price rebounded after a slight pullback following the announcement. Septwolves' overseas revenue in 2025 was just 7.81 million yuan, representing 0.25 percent of total revenue, with negligible exports to the US. The company forecasts a first-half loss of 19.5 million to 29 million yuan, mainly due to fair value changes in trading financial assets, while its non-recurring net profit is expected to grow by 301.97 percent to 494.37 percent. Its share price rose against the market trend after the list was published. Synear Foods is not listed on the A-share market. Its frozen products involve high cold-chain costs and limited overseas expansion, and it already built and put into operation a local factory in Los Angeles back in 2018, which is not subject to this import ban targeting Chinese factories. All three companies have their core markets domestically, with limited direct export volumes to the US. The secondary market reaction has been calm, with no sharp declines.
Fujian Septwolves Industry Co LtdAdded to US import restriction list, but negligible US exports limit impact.
Chacha Food Co LtdAdded to US import restriction list, but low US export share limits impact.
Added to US import restriction list, but local US factory exempts it.
