China Foods Limited

China Foods Limited, commonly known as China Foods, is a listed food and beverage company associated with COFCO Corporation, one of China’s major state-owned food and agribusiness groups. Its shares trade on the Hong Kong Stock Exchange under the code 0506.HK. The company operates across food processing and food trading, with activities that have included edible oils, beverages, alcoholic drinks, confectionery, wheat, rice, brewing materials, biofuels, biochemicals and other food-related products. The company was formerly known as COFCO International Limited and, before that, used the name China Oil and Foodstuffs International Limited. Its historical portfolio reflects the broad international trading and processing role of the COFCO group, spanning agricultural commodities, food ingredients, consumer food products and beverage businesses. The company’s scope has changed over time as businesses were reorganized, separated or transferred within the wider COFCO structure. A significant corporate development occurred in 2007, when China Agri-Industries Holdings Limited was separated from the listed group and listed on the Hong Kong Stock Exchange. This helped distinguish agricultural-processing and related activities from the remaining China Foods platform, although the two companies remained connected through the wider COFCO group structure. China Foods has also been associated with COFCO Wines & Spirits, a COFCO subsidiary specializing in alcoholic beverages. Its business history therefore includes both packaged food and beverage operations as well as upstream and intermediate food-industry activities. The company is best understood as a corporate food platform within the COFCO family rather than as a single-product consumer brand. The company’s principal commercial base is China, with Hong Kong serving as its listing and corporate-market center. Its activities have also had an international dimension through food trading, sourcing and the group’s cross-border agricultural and beverage businesses. Public reference material identifies the company as active and listed, but does not establish a single current product portfolio comprehensive enough to describe every operating line or brand under its control. On 4 January 2019, Ma Jianping stepped down as chairman and Yu Xubo was appointed chairman of the board. This leadership transition was one of the company’s publicly documented governance events. Detailed current information about individual operating subsidiaries, geographic revenue exposure, and the present composition of the executive team requires confirmation from current company filings.

China Foods Limited developed from the international food and agricultural trading activities associated with the COFCO group. It was formerly known as COFCO International Limited and previously used the name China Oil and Foodstuffs International Limited. These earlier names reflect the company’s historical role in oil, foodstuffs, commodity trading and international food operations rather than a narrow focus on one consumer product. Over time, the business covered a broad set of food-industry activities. Public descriptions have included oilseed processing, edible oils, beverages, wineries and alcoholic drinks, confectionery, wheat, rice, brewing materials, biofuels, biochemicals and other food products. This breadth placed China Foods between a consumer-goods company and an agricultural food platform: it participated in branded and packaged food categories while also handling ingredients, processing inputs and traded commodities. A major structural milestone came on 21 March 2007, when China Agri-Industries Holdings Limited was separated and listed on the Hong Kong Stock Exchange. The separation reorganized parts of the COFCO-related portfolio and created a distinct listed vehicle for agricultural-processing and associated businesses. China Foods continued as another listed platform within the broader group, with its own food, beverage and trading activities. The group’s alcoholic-beverage activities have also been represented through COFCO Wines & Spirits Co., Ltd., a COFCO subsidiary specializing in alcoholic drinks. This connection illustrates the wider group architecture: China Foods sits within a network of COFCO businesses that can include separate operating subsidiaries and related listed companies rather than a single unified retail brand. China Foods remains a Hong Kong-listed company focused on food processing and food trading, with China as its principal commercial market. Its portfolio and corporate boundaries have evolved through internal group restructuring, meaning that historical descriptions should not automatically be treated as a complete statement of its current operations. The publicly documented leadership transition on 4 January 2019, when Ma Jianping stepped down and Yu Xubo became chairman of the board, was an important governance change. Current detailed information on its full product portfolio, subsidiaries and management requires verification against the latest corporate disclosures.

1. 2019Chairmanship changed

   Ma Jianping stepped down as chairman on 4 January, and Yu Xubo was appointed chairman of the board.

   Source
2. 2007China Agri-Industries Holdings listed

   China Agri-Industries Holdings Limited was separated from the group and listed on the Hong Kong Stock Exchange.

   Source

A diversified food-processing, food-trading and beverage platform within the COFCO group, serving China-focused consumer and food-industry markets.

• Edible oilsFood products

  Edible oils are among the food categories historically associated with China Foods’ processing and trading activities. The category connects the company with oilseed sourcing, food processing and packaged cooking-oil markets within the broader COFCO food system. Public reference material identifies edible oils as a business area but does not specify a single current flagship product or complete brand lineup.

• BeveragesBeverages

  China Foods has been described as operating in beverages, making this one of its principal consumer-facing categories. The beverage scope has existed alongside food processing, food trading and alcoholic-drink activities. Available reference material does not provide enough detail to identify every active beverage brand, formulation or distribution channel.

• Alcoholic drinks and winesAlcoholic beverages

  Alcoholic drinks, including wine-related activities, have been connected with the wider COFCO business through COFCO Wines & Spirits Co., Ltd. This area represents the group’s participation in alcoholic-beverage production, marketing or distribution. The referenced material identifies the subsidiary’s specialization but does not establish a complete current list of products controlled directly by China Foods Limited.

• Food ingredients and agricultural productsFood processing and trading

  The company’s historical scope has included wheat, rice, oilseeds, brewing materials and other food-industry inputs. These activities support processing and trading relationships across the food supply chain rather than representing one consumer brand. Related areas have also included biofuels and biochemicals, reflecting the connection between agricultural commodities and industrial processing.

• 2019Chairman successionOther

  China Foods made a change to its board leadership at the beginning of 2019.

  What changed. Ma Jianping stepped down as chairman on 4 January 2019, and Yu Xubo was appointed chairman of the board.

  Aftermath. The change placed Yu Xubo in the company’s top board role; the referenced material does not provide further details about strategic or financial consequences.

  Source
• 2007Separation and listing of China Agri-Industries HoldingsStrategy

  The COFCO-related listed structure included a broad combination of food, agricultural and processing activities. China Agri-Industries Holdings was separated from the group and listed to establish a distinct public company for relevant agricultural-processing businesses.

  What changed. China Agri-Industries Holdings Limited was split from the group and listed on the Hong Kong Stock Exchange on 21 March 2007.

  Aftermath. The transaction clarified the structure of the COFCO group’s listed food and agricultural platforms, while China Foods continued as a separate listed company.

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• 2019Ma Jianping stepped down as chairman of China Foods

  China Foods announced that chairman Ma Jianping stepped down on 4 January 2019.

  Leadership change
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• 2019Yu Xubo appointed chairman of the board

  Yu Xubo was appointed chairman of China Foods’ board on the same day that Ma Jianping left the chairmanship.

  Leadership change
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• 2007China Agri-Industries Holdings separated and listed

  China Agri-Industries Holdings Limited was separated from the group and listed on the Hong Kong Stock Exchange, marking a major restructuring of the COFCO-related listed food and agricultural businesses.

  M&AOther
  Source

1. China Foods Limited