Foshan Haitian Flavouring & Food Co. Ltd is a Chinese public company that manufactures sauces and flavourings. It is the largest manufacturer of soy sauce in the world.[3]
Operations
It is based in Guangdong.[3] The chairman is Pang Kang. Sales in 2012 were around seven billion yuan.[4]
In 2010, it held 16 to 19 percent of the Chinese soy sauce market.[3] Its major competitors included Kikkoman and Lee Kum Kee.[4] The company also manufactures other sauces and condiments such as oyster, hoisin, shrimp and vinegar.[5]
History
The company was established in the seventeenth century as a group of sauce factories in Foshan.[4]
In 2007, it was bought out by its employees from the government of Foshan.[4] In 2014, it underwent an IPO on the Shanghai Stock Exchange in order to raise funds for expansion.[4][6] The company raised 3.84 billion yuan after selling 74.85 million shares.[7]
See also
- List of Chinese sauces
References
- https://www.hkex.com.hk/Market-Data/Securities-Prices/Equities/Equities-Quote?sym=3288&sc_lang=en^
- Foshan Haitian Flavouring & Food Co 10-Year Income Statement, Financial Data 1024 www.marketscreener.com, retrieved 2026-04-09^
- Amy Li. Soy-Sauce Maker Set For Debut In China Wall Street Journal, 10 February 2014, retrieved 10 February 2014^
- Amy Li. Soy-Sauce Stock Soars on Day One Wall Street Journal, 10 February 2014, retrieved 27 February 2014^
- Haitian Food to boost soy sauce production retrieved 2014-02-11^
- Soy-Sauce Stock Soars on Day One Wall Street Journal, 2014-02-11, retrieved 2020-10-08^
- Strong China debut for world's top soy sauce maker TODAYonline, retrieved 2020-10-08^