According to explanations from A An Food Joint Stock Company (HOSE: AAN), since listing on HOSE on May 22nd, AAN shares have received the attention of a large number of investors in the market, leading to increased buying demand. In recent trading sessions, the volume of surplus purchases has been consistently high, causing shares to continuously hit the ceiling price in the period May 22nd - 28th.
AAN also emphasized that this development is the result of objective market supply and demand and is outside the company's control, and affirmed that there is no direct impact on market prices.
As Lao Dong Newspaper reported, the Ho Chi Minh City Stock Exchange (HOSE) has issued a request to explain the information that the price of AAN shares of A An Food Company increased to the ceiling for 5 consecutive sessions, from May 22, 2026 to May 28, 2026.
It is known that 65 million AAN shares of A An Food Company (A An Food) have officially been listed on HOSE with a reference price for the first session of 15,000 VND/share on May 22. Since that time, AAN shares have continuously increased to the ceiling price with a purple color when closing 5 consecutive trading sessions, climbing to 23,450 VND/share as of the end of May 28. This increase is equivalent to over 56% after only 1 week. Market capitalization reached 1,524 billion VND.
The ceiling increase stopped at the session on May 29, when this stock slightly increased to 23,500 VND/share. However, this price also brought the company's capitalization to more than 1,500 billion VND, 1.6 times higher after only 6 trading days. In terms of liquidity, AAN traded an average of over 302 thousand shares/day.
A An Food's listing process has actually attracted much attention since mid-February 2026, when HOSE announced the receipt of registration documents. DNSE Securities Joint Stock Company (HOSE: DSE) is the listing registration consultant.
A An Food is still quite young when it was established in January 2021 with a development foundation from the rice business of Tan Long Group. The company's initial contributed charter capital was 100 billion VND, which has now increased to 650 billion VND.
A An Food received the transfer of the A An rice brand in March 2023. To date, the company has operated 3 rice factories in An Giang and Tien Giang, with a total area of 63,000m2, a drying capacity of more than 4,000 tons/day, and a total capacity of 54,000 tons.
In Q1/2026, A An Food brought in nearly VND 793 billion in net revenue and more than VND 8.5 billion in after-tax profit, increasing by 8% and 86% respectively compared to the same period last year.
In 2026, the company sets a target of net revenue of 4,300 billion VND and after-tax profit of nearly 58 billion VND, an increase of nearly 30% compared to the performance in 2025.
