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Wei Chuan Foods

Wei Chuan Foods
Leadership team

Mr. Kuo Chen Huang (CFO (Fin. Supervisor) & Treasurer)

Mr. Chiao-Hua Chang (GM & CEO)

Ms. Chih?Yu Huang (Sr. Mang. & Chief Accounting Officer)

Products/ Services
Food and Beverage, Food Processing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Taipei, T'ai-pei, Taiwan
Established
1953
Net Income
5M - 20M
Revenue
500M - 1B
Traded as
TWSE:1201
Social Media
Overview
Location
Summary
Wei Chuan Foods Corporation engages in the manufacturing, processing, and sale of dairy, beverages, and instant food products in Taiwan and internationally. It operates through: Food, Packaging, and Others segments. The company offers tinned food, soy sauce, MSG gourmet powder, seasonings, juice, tetra pack sterilized milk, soy milk, rice milk, cooler drinks, fresh and fermented milk, butter milk, yogurt, gel, and pudding products, as well as coffee, tea, water, sauce, cans, salad, eggs, etc. It also engages in the manufacturing of food molds, injection molds, and plastic bottle caps, as well as packaging and amusement business. The company was incorporated in 1953 and is headquartered in Taipei, Taiwan.
History

The predecessor of Wei-Chuan Food Corporation was founded in 1953 by Huang Lieh-ho as part of Hotai Motor Group as Hotai Chemical Engineering Corporation, to produce MSG and soy sauce to enrich the everyday lives of people. In believing that the dairy industry could improve the living standard and nutrition standard of citizens and thereby promote rural economic development and compensate food inadequacy, Wei-Chuan established the dairy product department in the beginning of the 1960s out of the company's insistence on establishing a “public company”. This started the diversification of Wei-Chuan into an integrated food manufacturing company. Today, the founder Huang Lieh-ho was also called the “Father of the dairy industry” in Taiwan for this reason. With the food business diversification planning of Huang, Wei-Chuan became the largest food processing and manufacturing company in Taiwan in the 1960s and 1970s.

In 1998, Ting Hsin International Group became the largest shareholder following an ownership and management fight within the founding Huang family. Huang family and Hotai Motor divest its 33% shares after losing the biggest shareholder status. One of the joint ventures, Formosa Flexible Packaging, was move back to Hotai Motor Group. Huang family maintained majority ownership of Wei-Chuan USA, which owns the right to Wei-Chuan brand in the US, Europe, and Australia. As part of the agreement, Wei-Chuan divest its investment from Wei-Chuan USA in 2000. Thus Wei-Chuan and Wei-Chuan USA became separate entities with different ownership groups.

In Taiwan, the company was often seen as the chief rival of Uni-President Enterprises Corporation.

Wei-Chuan USA

The Wei-Chuan USA division was founded in 1972 and operates manufacturing and distribution centers in Jersey City, Los Angeles, San Francisco, Chicago, Atlanta, Houston, and Tennessee. Its products are similar to its parent company's. Wei-Chuan USA's corporate logo includes five red balls which represent the five basic flavors.

Sports

Wei-Chuan formerly sponsored the Wei Chuan Dragons professional baseball team. The team was formally the leader in championships before its dismiss in 1999 by the company's new parent company Ting Hsin International. In 2019, it is announced that Wei-Chuan will re-joined the Taiwanese Baseball League by reestablished Wei-Chuan Dragons in 2020.

Mission
To provide wholesome, safe and delicious food and beverages that nourish the body and soul, and to extend our treatment of customers to become the most trustworthy food corporation.
Vision
Wei Chuan Foods strives to be a world leader in Asian specialty foods, providing a variety of high-quality products to bring happiness to customers in communities around the world.
Key Team

Shih-Chuan Chen (Head of Corp. Governance Officer)

Tzu-Chuan Chiu (Chief Sustainability Officer)

Recognition and Awards
Wei Chuan Foods has received numerous awards and accolades including being named one of the Top 10 Fastest Growing Companies in Asia by Forbes Magazine in 2017, and the Taiwan Quality Award in 2012.
References

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Wei Chuan Foods
Leadership team

Mr. Kuo Chen Huang (CFO (Fin. Supervisor) & Treasurer)

Mr. Chiao-Hua Chang (GM & CEO)

Ms. Chih?Yu Huang (Sr. Mang. & Chief Accounting Officer)

Products/ Services
Food and Beverage, Food Processing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Taipei, T'ai-pei, Taiwan
Established
1953
Net Income
5M - 20M
Revenue
500M - 1B
Traded as
TWSE:1201
Social Media