Longda Foodstuff Group Co is located in Laiyang, Yantai, Shandong province. [Photo provided to chinadaily.com.cn]
Longda Foodstuff Group Co is China's leading food processing enterprise. It has 32 subsidiaries with total assets of more than eight billion yuan ($ 1.3 billion). It ranks among China's top 100 food companies.
The Longda Brand is regarded as one of the most valuable in China. In 2016, the company had sales revenue of 10.2 billion yuan, up 26.1 percent year-on year. Its business involves vegetable planting, food processing and raising pigs; food processing is the key sector.
After development of over 30 years Longda Group has three main businesses - foreign trade export, meat processing and cereals and oilseeds products. It boasts more than 500 industrial clusters and over 3000 retail stores. Its products are exported to Japan and to countries and regions in Europe and the Americas.
In 2015, Longda Group put forward the strategic concept of “transformation from product processing enterprise to brand enterprise”. It focuses on producing meat, peanut oil and fan products and accelerates independent brand construction to expand to overseas markets. The company was listed on the Shenzhen Stock Exchange in 2014 which will help it to go to global and develop into a world-class food industry base.
Official Website: http://www.longda.com.cn/index.html
Add: Longda Industry Park, Laiyang city, Shandong province.