China Cereals, Oils and Foodstuffs Import and Export (Group) Co., Ltd. (hereinafter referred to as "COFCO" or "Cofco" in English) was established in Beijing on 1952. It is a large enterprise group integrating trade, industry, finance, information, service and scientific research, spanning agricultural products, food, hotels, real estate and other fields. Since 1994, it has been ranked among the top 500 global enterprises of American Fortune magazine.