Shengtunhe

Shen Baoheng (00003 1)

Founded in 1952, COFCO 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 rated as a global enterprise by American Fortune magazine.

Since 1992, with the establishment and continuous development of China's market economy, COFCO has accelerated its strategic adjustment, vigorously implemented the strategy of industrialization, internationalization, collectivization and diversification, and realized the transformation from a traditional foreign trade agent to an industrialized multinational enterprise. Since 2000, through restructuring, the Group has further strengthened its main business and core, and established COFCO Grain and Oil Import and Export Corporation (mainly engaged in the policy trade of grain, oil and sugar), COFCO International (listed in Hong Kong, 0506HK, mainly engaged in the production and processing of grain, oil and food), Li Peng International (mainly engaged in real estate investment and hotel management), COFCO Development Co., Ltd. (mainly engaged in unlisted business) and COFCO Finance. In July 2004, COFCO reorganized China Native Products and Livestock Import and Export Corporation.