According to the CITIC Securities Research Report, as edible fungus production capacity is reduced to the supply side, compounded by seasonal increases in vegetable prices, the prices of major edible fungi categories have risen markedly, and we expect the boom in the major edible fungus categories to continue. Furthermore, the scale and profit trend of potential varieties in the industry, such as bisporus mushrooms, shiitake mushrooms, and cordyceps sinensis, is expected to be steady, moderate and positive in the future. It is recommended to focus on two main investment lines: 1) leading enterprises with leading production capacity layout in fields such as traditional types of enoki mushrooms, and are expected to fully benefit from the upward cycle; 2) enterprises that have achieved remarkable results in developing new categories, have a first-mover advantage, and are expected to become an important growth curve in the future.

According to the CITIC Securities Research Report, as edible fungus production capacity is reduced to the supply side, compounded by seasonal increases in vegetable prices, the prices of major edible fungi categories have risen markedly, and we expect the boom in the major edible fungus categories to continue. Furthermore, the scale and profit trend of potential varieties in the industry, such as bisporus mushrooms, shiitake mushrooms, and cordyceps sinensis, is expected to be steady, moderate and positive in the future. It is recommended to focus on two main investment lines: 1) leading enterprises with leading production capacity layout in fields such as traditional types of enoki mushrooms, and are expected to fully benefit from the upward cycle; 2) enterprises that have achieved remarkable results in developing new categories, have a first-mover advantage, and are expected to become an important growth curve in the future.