# acquisitions

China’s Top Hot‑pot Seasoning Maker Sees Sales Slip and Pays Out a ‘Clean‑Out’ Dividend

Tianwei Foods, China’s leader in compound seasonings and hot‑pot condiments, reported 2025 revenue and profit declines driven by broad weakness across its core categories. The company proposed a large cash dividend that exceeds annual profit, while carrying rising goodwill from recent acquisitions and booking meaningful asset impairments.