COFCO’s unique advantages in global distribution, fully-integrated value chain, and agricultural innovations, as well as its seat in the world’s largest emerging market, make it one of the leading agribusinesses in the world, ready to build even more stable food corridors between the major production areas and emerging markets.
Founded in 1949, COFCO has become a leading supplier of agri-products with grain, oil, sugar and cotton forming its core business and businesses ranging from branded products to financial services and real estate. COFCO has the leading edge in the Chinese market and is well positioned to take its first steps as an international agribusiness.
COFCO is China’s largest food processing company, with products covering all the main categories of Chinese daily consumption, including rice, wheat, corn, oil and oilseeds, sugar, cotton, meat products, dairy products, wine, tea, and so on. COFCO has 2.3 million terminal sale points throughout China’s 952 large and medium-sized cities and more than 10,000 counties and villages, capable of providing consumers with a sufficient supply of quality and safe food year-round. COFCO plays an important supporting role in the maintenance of China’s grain and oil market stability.
On the global stage COFCO has a unique advantage. Anchored in the world’s largest market with a whole value chain that stretches around the world, COFCO has huge development potential. It is an industry leader in rice, wheat, corn, oil and oilseeds, sugar, and cotton in over 140 countries and regions. It has a global coverage of grain and oil producing areas and owns a sophisticated global production & procurement platform and trade network. The company already earns more than 50 percent of its operating income from overseas business. With its access and strong planning, COFCO can ensure a stable supply for two markets, domestic and international, and be the foundation for food security.
It has also established packaged foods, finance, and real estate as three major complementary businesses. COFCO produces high-quality packaged food products and has created several excellent brands covering oil, dairy products, meat, wine, and tea, of which Fortune, Mengniu, Greatwall, and ChinaTea are the most influential. It has also created financial services tailored for its needs in agricultural development, forming its own trusts, futures trading agents, insurance, risk management consulting, banking, funds, and other financial services. The company on a regional basis also builds excellent residential living spaces and is involved in the construction and management of commercial and tourism real estate including hotels.
As an investment holding company, COFCO owns 13 listed companies, nine in Hong Kong and four in Mainland China.
In the future, COFCO will continue to focus on becoming the world’s leading grain trader and food producer, aiming to become a model for national food security strategy and food safety strategy implementation.
Address: COFCO Fortune Plaza, No 8 Chaoyangmen South Street, Chaoyang District, Beijing