China Agri-Industries Holdings Limited
Encyclopedia
China Agri-Industries Holdings Limited is a leading producer and supplier of processed
agricultural products (including oilseed, wheat
and rice
) in Mainland China
. Its service categories are biofuel
and biochemical, oilseed processing, rice trading and processing, brewing
materials, and wheat processing. Its chairman is Mr. Ning Gaoning
.
It was split
from COFCO International Limited (Now China Foods Limited
) and listed in the Hong Kong Stock Exchange
on 21 March, 2007. Since 10 September, 2007, it has been added to be a member of Hang Seng China-Affiliated Corporations Index Constitute Stock (i.e. Red chip
).
Food processing
Food processing is the set of methods and techniques used to transform raw ingredients into food or to transform food into other forms for consumption by humans or animals either in the home or by the food processing industry...
agricultural products (including oilseed, wheat
Wheat
Wheat is a cereal grain, originally from the Levant region of the Near East, but now cultivated worldwide. In 2007 world production of wheat was 607 million tons, making it the third most-produced cereal after maize and rice...
and rice
Rice
Rice is the seed of the monocot plants Oryza sativa or Oryza glaberrima . As a cereal grain, it is the most important staple food for a large part of the world's human population, especially in East Asia, Southeast Asia, South Asia, the Middle East, and the West Indies...
) in Mainland China
Mainland China
Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...
. Its service categories are biofuel
Biofuel
Biofuel is a type of fuel whose energy is derived from biological carbon fixation. Biofuels include fuels derived from biomass conversion, as well as solid biomass, liquid fuels and various biogases...
and biochemical, oilseed processing, rice trading and processing, brewing
Brewing
Brewing is the production of beer through steeping a starch source in water and then fermenting with yeast. Brewing has taken place since around the 6th millennium BCE, and archeological evidence suggests that this technique was used in ancient Egypt...
materials, and wheat processing. Its chairman is Mr. Ning Gaoning
Ning Gaoning
"Frank" Ning Gaoning was born in 1958 at Shandong Province in China. He graduated Shandong University in China and received an MBA from the University of Pittsburgh's Katz School of Business in 1987. During his career at Huarun Group, he led over 30 major M&As to make Huarun Group one of the...
.
It was split
Stock split
A stock split or stock divide increases the number of shares in a public company. The price is adjusted such that the before and after market capitalization of the company remains the same and dilution does not occur. Options and warrants are included....
from COFCO International Limited (Now China Foods Limited
China Foods Limited
China Foods Limited , shortly China Foods and formerly COFCO International Limited , is a listed company in the Hong Kong Stock Exchange, which is engaged in food processing and food trading, including oilseed, wineries, beverage, confectionery, wheat, brewing materials, rice, biofuel,...
) and listed in the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
on 21 March, 2007. Since 10 September, 2007, it has been added to be a member of Hang Seng China-Affiliated Corporations Index Constitute Stock (i.e. Red chip
Red chip
Red chips stocks are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. The actual business is based in mainland China and controlled, either directly or indirectly, by the central, provincial or municipal governments of the Peoples' Republic of China...
).