On October 21, Akuan Foods, which was once popular due to “red oil noodles,” officially suspended trading after 720 days of listing on the new 3rd board. According to 21 Finance, up to the suspension of trading, Akuan Foods' stock price was 748 yuan, with a total market value of 625 million yuan. Earlier, on September 24, Ah Kuan Foods revealed that it would voluntarily apply to terminate the listing because “the company's own strategic plan. Due to the popularity of “red oil noodles,” Akuan Food's revenue broke through the 1 billion yuan mark in 2020. Beginning in 2021, it sought to enter the capital market with the position of “the first stock in a new convenience food”, targeting GEM, Main Board, and the New Third Board successively. After completing multiple rounds of financing in 2021, its valuation was once close to 4 billion yuan. Looking through the customer list of Ah Kuan Foods, you can see that it has done OEM work for a large number of brands such as Ma Liu Ji, The Three Squirrels, Li Ziqi, Baicao Wei, and Zhao Yiming. Financial reports show that in 2025, Akuan Foods' revenue was 1,224 billion yuan, showing the first double-digit decline, and net profit fell 90% year on year. In the first half of 2026, its revenue fell 2.44% year over year.

On October 21, Akuan Foods, which was once popular due to “red oil noodles,” officially suspended trading after 720 days of listing on the new 3rd board. According to 21 Finance, up to the suspension of trading, Akuan Foods' stock price was 748 yuan, with a total market value of 625 million yuan. Earlier, on September 24, Ah Kuan Foods revealed that it would voluntarily apply to terminate the listing because “the company's own strategic plan. Due to the popularity of “red oil noodles,” Akuan Food's revenue broke through the 1 billion yuan mark in 2020. Beginning in 2021, it sought to enter the capital market with the position of “the first stock in a new convenience food”, targeting GEM, Main Board, and the New Third Board successively. After completing multiple rounds of financing in 2021, its valuation was once close to 4 billion yuan. Looking through the customer list of Ah Kuan Foods, you can see that it has done OEM work for a large number of brands such as Ma Liu Ji, The Three Squirrels, Li Ziqi, Baicao Wei, and Zhao Yiming. Financial reports show that in 2025, Akuan Foods' revenue was 1,224 billion yuan, showing the first double-digit decline, and net profit fell 90% year on year. In the first half of 2026, its revenue fell 2.44% year over year.