Hunan Cereals, Oils and Foodstuffs Import and Export Group Corp. Ltd., a comprehensive large-scale group corporation complying with modern enterprise systems, was approved by the Ministry of Foreign Trade and Economy Cooperation of PRC and the Department of Foreign Trade and Economy Cooperation of Hunan Province, and qualified for juristic person. The Company, established in 1952, is engaged in cereals, oils, foodstuffs, metals, minerals, textiles, machine and electronics. With China’s stepping into WTO, Accordingly the Company, in recent years, completed adjustment of strategy by changing the traditional foreign trade enterprise into industrialization,regularization and collectivize. At present the Company has developed to become a group corporation, owning capital stock-controlled/whole capital-owned companies of Hunan Xin Wufeng Co. Ltd.,Hunan Foreign Trade Huaguang Industrial Company, Shenzhen Wall’s Gold Industrial Development Co. Ltd., Zhuhai Branch etc., with the total assets of RMB 409 million, annual sales income over RMB 700 million, total amount of import and export over USD 100 million. Invest activity covers plant and process of cereals, agricultural products and by-products, process of industrial foods, animal husbandry, green foods and biological project etc. The company has become one of the main suppliers to Hong Kong and Macao. As the main sponsor, through assets re-composition, the Company initiates to set up stock company to enter into the market within one year. By capital operation, the Company will be enlarged. It’s the aim for the Company to become a large-scale enterprise group with trade, industry, finance, service and science research.
