Shanghai Kebao Food Technology Co., Ltd.

Shanghai Kebao Food Technology Co., Ltd. (上海可宝食品科技有限公司) is a majority-owned subsidiary of Panda Dairy Group, listed on the Shenzhen exchange under stock code 300898. It operates from the fourth floor of Building 5, No. 5233 Beisong Road, Songjiang District, Shanghai.

The company makes ingredients for beverages, desserts and prepared foods. Its listed range covers popping boba, pearl jelly, condensed coconut milk, frozen raw coconut milk, water chestnut milk, buttered raw milk and light milk products, together with protein-containing dairy bases, toppings and fruit preparations.

Its development work has centred on making popping boba usable outside cold drinks, specifically on giving the beads salt tolerance and resistance to both high and low temperatures so they can be used in meat products, frozen foods and sauce-based meals.