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中粮

COFCO Group is a large Chinese grain and oil food import and export company and a powerful food producer closely related to people’s daily lives. It has achieved remarkable results in various fields, including agricultural product trade, biomass energy development, food production and processing, real estate, property management, hotel operation, and financial services.

COFCO Group Co., Ltd. is a large central state-owned enterprise of the same age as the People’s Republic of China. It is a leader in the Chinese grain and oil industry and an international major grain trader with a global presence and a complete industry chain.

COFCO Group focuses on its core business in the agricultural and food sector, including grains, oils, sugar, cotton, meat, and dairy products. It is also involved in the food, finance, and real estate sectors.

As of the end of 2020, the group’s total assets amounted to CNY 669.8 billion, and in 2020, the total operating revenue of the group was CNY 530.3 billion, with a total profit of CNY 20.6 billion.

COFCO Group continues to improve its asset layout in the agricultural and food sector, enhances its operational capabilities in bulk agricultural product management, and promotes the coordinated integration of upstream and downstream activities in agricultural product procurement, storage, processing, transportation, and trade, ensuring grain and oil supply efficiently through market-oriented means.

Globally, COFCO Group actively expands its overseas presence, continuously improves its global grain and oil logistics and warehousing capabilities, guarantees the stability of the international supply chain, and establishes stable grain corridors in major grain-producing and consuming regions, engaging in the procurement, storage, processing, transportation, and trade of bulk agricultural products such as grains, oils, sugar, meat, and cotton. It has established a presence in global grain-producing regions such as South America and the Black Sea and emerging markets in Asia. More than half of the company’s revenue comes from overseas, and its global annual operating volume of agricultural products is more than twice the annual import volume of China.

In China, COFCO Group is a major player in the market-oriented operation of grains and food products, serving as the primary executor of soybeans, wheat, corn, sugar, and other agricultural product imports and exports. Its comprehensive processing capacity exceeds 90 million tons annually, providing major agricultural product categories for daily consumption in China. Currently, COFCO Group is a leading player in the Chinese oil processing industry, a major rice processing and trading company, a large-scale and technologically advanced corn deep processing enterprise, and a key importer of sugar, accounting for approximately 50% of China’s total sugar imports. It is also a leading player in the whole industry chain of meat and dairy products in China.

COFCO Group is a producer of high-quality food and a creator of quality brands. Brands such as “Fortune”, “Great Wall”, “Mengniu”, “Jiugui”, “China Tea”, and “Jiayikang” are well-known in the Chinese market, with sales outlets covering more than 90% of prefecture-level cities in China.

Leveraging the agricultural and food production chain, COFCO Group provides financial support for agricultural development, develops trust, futures, insurance, funds, and other financial business chains, and combines production and finance to serve agriculture.

COFCO Group supports urban development and services, with businesses covering shopping centers, residential areas, industrial parks, hotels, office buildings, and more. Its commercial real estate brand, “Da Yue Cheng” shopping center, leads the way in new formats of Chinese department stores in more than 10 first-tier cities.

COFCO Group steadily advances the reform of state-owned capital investment companies, innovates market-oriented institutional mechanisms, and forms 17 specialized companies based on core products. These companies include COFCO International, COFCO Trading, COFCO Grains, COFCO Oils & Fats, COFCO Biochemical, COFCO Sugar, China Textile, COFCO Engineering & Technology, COFCO Liquor, COFCO Coca-Cola, COFCO Jiayikang, China Tea, Mengniu Dairy, Womai.com, COFCO Packaging, COFCO Capital, and Da Yue Cheng Holdings.

As an investment holding company, COFCO Group owns 16 listed companies, including China Foods Limited (00506.HK), COFCO Packaging Holdings Limited (00906.HK), China Mengniu Dairy Company Limited (02319.HK), Joy City Property Limited (00207.HK), COFCO Jiayikang Limited (01610.HK), Futong Technology Development Holdings Limited (00420.HK), Yashili International Holdings Ltd. (01230.HK), Modern Farming (01117.HK), China Shengmu Organic Milk Limited (01432.HK), as well as COFCO Sugar (600737.SH), MiaoKoLanDuo (600882.SH), COFCO Tech (000930.SZ), Joy City Property (000031.SZ), Jiugui Liquor (000799.SZ), COFCO Capital (002423.SZ), and COFCO Engineering & Technology (301058.SZ), among others.

In the future, COFCO Group will continue to focus on its core business, promote high-quality development, support modern agriculture and rural revitalization, and accelerate the creation of a world-class grain enterprise with global competitiveness.