Townsfolk Listed: Consistent Konjac
The founder is a small-town entrepreneur whose business hinges on local specialty industries, with konjac deep processing accounting for 85% of total revenue. The company raises 40–100 million yuan annually in bank and shareholder loans—though post-listing, financing needs drop nearly to zero. Annual profits typically land between 30–60 million yuan.
By 2021, China had certified 1,099 agricultural industry powerhouse towns and 308 “China’s Characteristic Agricultural Product Advantage Zones.” Following the konjac model, other regions can replicate this publicly traded path—provided their specialty products maintain stable output volumes.
Further reading: 2022 Guiding Opinions on Advancing Urbanization Tied to County-Level Hubs (Key Priorities for 2023–2027)
Further reading: Supporting Document: State Council’s 2023 Opinions on Comprehensively Promoting Rural Revitalization
