CPT Received 6 Institutional Research

CPT recently received on-site research from CITIC Securities, Hua Chuang Securities, Ping An Securities, Tianfeng Securities, CCB Investment, and Bohai Securities. During the research, CPT said that the Chinese sports nutrition industry is developing rapidly and the market outlook is very optimistic. According to the Euromonitor International report, from 2015-2020, the compound annual growth rate of the Chinese sports nutrition market is up to 40%. Its market size is expected to reach RMB 6 billion yuan (USD $870 million) in 2023, and the growth rate is expected to reach 21% in the next three years, much higher than the global sports nutrition industry’s growth rate of 5%. (Source: 163.com)

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