Sturgeon Technology, based in Hangzhou, Zhejiang province, made its debut on the main board of the Hong Kong Stock Exchange on June 30, becoming the world's first publicly listed company to specialize in caviar production and marking its entry into the international capital market.

The company's largest breeding and processing base, Quzhou Sturgeon Aquatic Technology Development in Quzhou, Zhejiang, has been instrumental in making this possible.

Last year, Sturgeon Technology produced over one-third of the world's caviar, with 90 percent originating from its Quzhou operations, equivalent to more than 30 million 10-gram cans annually.

The breeding and processing base of Quzhou Sturgeon Aquatic Technology Development. [Photo/Tide News]

Located in Shishi township, Kecheng district, the breeding base benefits from the pristine waters of the Wuxi River, maintaining high water quality standards ideal for sturgeon farming.

Quzhou Sturgeon has become an industry leader, boasting an annual capacity of 20 million sturgeon fingerlings, 5,000 metric tons of farmed sturgeon, 360 tons of processed caviar, and 1,800 tons of fish products, ranking among the highest in the nation.

Technological innovation plays a key role in the company's success, with precise processing methods ensuring high-quality caviar. The company also collaborates with research institutions to develop breeding and disease prevention technologies.

The industry's growth has created over 1,600 jobs in Kecheng, increasing local farmers' collective income by more than 60 million yuan ($8.83 million).

The district is extending the industry chain by developing high-value by-products and introducing new consumer products such as caviar ice cream.