Foshan Haitian Flavouring & Food Co
Foshan Haitian Flavouring & Food Co. Ltd is a Chinese public company that manufactures sauces and flavourings. It is the largest manufacturer of soy sauce in the world.[1]
Operations
It is based in Guangdong.[1] The chairman is Pang Kang. Sales in 2012 were around seven billion yuan.[2]
In 2010 it held 16 to 19 percent of the Chinese soy sauce market.[1] Its major competitors included Kikkoman and Lee Kum Kee.[2] The company also manufactures other sauces and condiments such as oyster, hoisin, shrimp and vinegar.[3]
History
The company was established in the seventeenth century as a group of sauce factories in Foshan.[2]
In 2007 it was bought out by its employees from the government of Foshan.[2] In 2014 it underwent an IPO in order to raise funds for expansion.[2]
References
- 1 2 3 Li, Amy (10 February 2014). "Soy-Sauce Maker Set For Debut In China". Wall Street Journal. Retrieved 10 February 2014.
- 1 2 3 4 5 Li, Amy (10 February 2014). "Soy-Sauce Stock Soars on Day One". Wall Street Journal. Retrieved 27 February 2014.
- ↑ Haitian Food to boost soy sauce production
[[Category:Soy product brands