COFCO Corp - Company Profile
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COFCO Corp (COFCO) is a state-owned food group that supplies diversified products and services in the agribusiness and food industry. The company's product portfolio comprises agricultural commodities such as soybeans, corn, wheat, barley and sugar, food ingredients, additives, clean energy and green biomass materials, tea, water, coffee, soft drinks, wine, liquor, oils and oilseeds, dairy products, and packaging products. It also offers fuel ethanol and alcohol. COFCO markets products under Fortune, Xiangxue, Fu Zhanggui, Four Seas, Xi Yingying, ChinaTex, Greatwall, Huaxia, Sungod, Five-Star, Jiugui, Neican, Chateau de Viaud, Kongyiji, ChinaTea, Milk Deluxe, Just Yoghurt, Champion, Real Fruits, Yoyi-C, Shiny Meadow, Deluxe Ice-Cream, Milkland, and Bellamy’s Organic brand names. The company's services portfolio comprises logistics, real estate development and management, and insurance. COFCO is headquartered in Beijing, China.
Headquarters
China
Address
No. 8, COFCO Fortune Plaza, Chao Yang Men South Street, Beijing, 100020
Website
www.cofco.com
Telephone
86 10 85006688
No of Employees
10,000
Industry
Consumer Packaged Goods
COFCO Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Agricultural Commodities | Logistics | Fortune |
| Additives Solutions | Real Estate Development and Management | Xiangxue |
| Food Ingredients | Insurance | Fu Zhanggui |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In January, COFCO Engineering and Technology and U.S. Soybean Export Council, established Soybean Synergy Innovation Center in China. |
| 2022 | Contracts/Agreements | In December, the company and China Grain Reserves Group entered into a joint venture agreement to integrate the oil seed and edible oil processing businesses. |
| 2022 | Contracts/Agreements | In November, the company signed a purchase contract worth over US$10 billion with various foreign partners for foodstuff and agricultural products. |
Competitor Comparison
| Key Parameters | COFCO Corp | Cargill Inc | Archer Daniels Midland Co | Wilmar International Ltd | Perdue Farms Inc |
|---|---|---|---|---|---|
| Headquarters | China | United States of America | United States of America | Singapore | United States of America |
| City | Beijing | Minneapolis | Chicago | Singapore | Salisbury |
| State/Province | Beijing | Minnesota | Illinois | - | Maryland |
| No. of Employees | 10,000 | 160,000 | 40,213 | 100,000 | 20,590 |
| Entity Type | Private | Private | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jun Lyu | Chairman | Executive Board | 2018 | - |
| Richeng Luan | Director; President | Executive Board | - | - |
| Jian SU | Chief Financial Officer | Senior Management | - | - |
| Xindong WANG | Vice President | Senior Management | - | - |
| Lin QU | Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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