Want Want China
#2192
Rank
$6.88B
Marketcap
Hong Kong
Country
Mr. Wang-Chia Tsai (COO & Exec. Director)
Mr. Eng-Meng Tsai (Chairman & CEO)
Mr. Chi-Wen Chu (CFO & Exec. Director)
Summary
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
Vision
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
References
Mr. Wang-Chia Tsai (COO & Exec. Director)
Mr. Eng-Meng Tsai (Chairman & CEO)
Mr. Chi-Wen Chu (CFO & Exec. Director)