1

Want Want China

#1799

Rank

$8.12B

MarketCap HK

HK Hong Kong

Country

Summary
Want Want China Holdings Limited, an investment holding company, manufactures, distributes, and sells food and beverages. The company operates through four segments: Rice Crackers, Dairy Products and Beverages, Snack Foods, and Other Products. It offers sugar coated crackers, savoury crackers, fried crackers, and gift packs; flavored milk, room temperature yogurt, yogurt drinks, ready-to-drink coffee, juice and sports drinks, herbal tea, and milk powder; candies, popsicles, ball cakes and jellies, beans, nuts, and other snacks; and wine and other food products. The company also trades in food and beverages, and related activities online, as well as raw materials, machineries, etc.; sells chemical materials and plastic films/bags; manufactures and sells machineries and related services; manufactures dehydrating, deoxidating, preservative, and related products; manufactures and sells packaging materials, packing bags, carton boxes, and cans; provides consultancy, information, business, and network technology services; processes and sells rice and oil products; and manufactures and sells rice flour. It serves customers through a sales and distribution network primarily in the People's Republic of China. The company also exports its products to North America, East Asia, South East Asia, and Europe. Want Want China Holdings Limited was founded in 1962 and is headquartered in Kowloon Bay, Hong Kong.

History

In 1962, Want Want began operations in the name of I Lan Foods Industrial Company Limited in Yilan County, Taiwan, which manufactured canned food. It was founded by Tsai Eng-meng's father, Jonathan Shuai Qiang Ng.

Tsai Eng-meng took over his father's food business at the age of 19 and came up with a new product—crackers made from rice flour.

1983, it collaborated with Iwatsuka Confectionery Company Limited, one of the top three Japanese rice cracker makers, to develop a rice cracker market in Taiwan. In return, Iwatsuka obtained 5% of the common stock of the company. In 2009, Iwatsuka's share in Want Want was valued at about US$350M, nearly three times as much as Iwatsuka's own market value of US$125M.

1992, established the first Mainland China factory and sales office in Changsha, Hunan.

1996, China and was listed on the Singapore Stock Exchange under the name Want Want Holdings Pte Ltd.

2000, headquarter relocated to Shanghai, China.

2007, Want Want Holdings Pte Ltd was delisted from the Singapore Stock Exchange.

2008, the holding company of our food and beverage business - Want Want China Holdings Limited, was listed on the Main Board of the Hong Kong Stock Exchange. HKEX STOCK CODE 0151. 2011, Want-Want China Holdings Ltd. was ranked one of the top choice of stocks to buy on the Hang Seng index.

2009, Want Want purchased China Times, China Television and CtiTV.

2014, Want Want China Holdings Ltd. won the Largest Food and Beverage Enterprise Award in the Global Top 1000 Chinese Entrepreneurs by Asia Business Week. President Tsai Eng-Meng was ranked Top 100 CEO appraised by Harvard Business Review Magazine.

2015, Want Want China Holdings Chief Operating Officer, Matthew Tsai, was honored with the "Chinese F&B Association of Science and Technology Innovation Award: Notable Youth Award." Want Want proudly obtains the title of "Consumer's Favorite Brand of 2015" for both the food industry and beverage industry.

2020, Want Want China Holdings Ltd. was selected as one of top 20 International Company Brands in Taiwan for 12 consecutive years. Established a food and beverage factory in Vietnam in an effort to increase global presence in South East Asian market.

As of November 29 2021, Want Want China Holdings Ltd. has a market value of more than $10B USD and distributing to North America, South America, Europe, Africa, Asia and Australia.


Mission
At Want Want China, we are committed to providing the best convenience food and beverage products. We strive to exceed customers’ expectations with quality products that are nutritious, safe, and innovative. Our products are made with all-natural ingredients, carefully crafted and produced with the environment in mind.

Vision
We strive to be the leader in the snack food and beverage industry while creating a sustainable business with community benefit. We strive to exceed customers’ expectations in providing quality and tasty products at reasonable prices.

Key Team

Mr. Yung-Sung Huang (Chief Marketing Officer & Exec. Director)

Mr. Shao-Chung Tsai (Exec. Director)

Mr. Ming-Hui Tsai (GM of Southeast Asia Devel. Department & Exec. Director)

Mr. Chen-Shih Lin (Technology Officer)

Mr. Hung-Hsing Ting (Managing Director of the Information Technology Centre)

Ms. Hong Yee Lai FCPA. ACA (Company Sec. & Exec. Director)

Mr. Yu-Sheng Lee (Group Chief Investment Officer)


Recognition and Awards
Since its inception, Want Want China has won numerous awards, including the Global Top Brand Award for Instant Noodle for 12 consecutive years, CreditEase China Top 10 Snacks for 10 consecutive years, and 2017 Sinopec Corporate Social Responsibility Award

References
Want Want China
Leadership team

Mr. Wang-Chia Tsai (COO & Exec. Director)

Mr. Eng-Meng Tsai (Chairman & CEO)

Mr. Chi-Wen Chu (CFO & Exec. Director)

Products/ Services
Food and Beverage
Number of Employees
20,000 - 50,000
Headquarters
Shanghai, Shanghai, China
Established
1983
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
0151.HK
Social Media
About

Businessabc provides a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © Businessabc powered by ztudium