According to Aiqi's investigation, Guaibao Pet Food Group Co., Ltd. is a joint-stock company (listed by foreign investors), and its major shareholder is Hua Qin, accounting for 50.84963%. Therefore, Guaibao Pet Food Group Co., Ltd. is not a state-owned enterprise.

Guaibao Pet Food Group Co., Ltd. was established in 2006, mainly engaged in research and development, production and sales of pet food. Its main products include staple food, snacks and health products for dogs and cats. The company always adheres to the concept of "global vision and continuous innovation" and is committed to producing nutritious and healthy pet food that consumers need. At present, the company has two production bases in China and Thailand: automatic intelligent production line, customized production line, intelligent storage, logistics e-commerce center and irradiation center, and has established a perfect raw material supply and quality control system to ensure the safety, high quality and traceability of products. The company has implemented HACCP food safety control system, obtained many food safety system certifications such as FSSC22000 and BRCGS, and successively passed the certifications and registrations of US Food and Drug Administration, Canadian Food Inspection Bureau and Japanese Ministry of Agriculture, Forestry and Fisheries. The company's testing center has obtained CNAS laboratory accreditation certificate, which can carry out all-round testing on physics and chemistry, microorganisms, antibiotic residues, pesticide residues and heavy metals to ensure that the products meet the requirements of international standards.