Foshan Haitian Flavouring & Food Co. Ltd (Chinese: 海天味业) is a Chinese public company that manufactures sauces and flavourings. It is the largest manufacturer of soy sauce in the world.[3]
 | |
Native name | 佛山市海天調味食品股份有限公司 |
|---|---|
Company type | Public |
| [1] | |
| Industry | Food industry |
| Founded | 1955 |
| Headquarters | Foshan, Guangdong, China |
| Revenue |  CN¥28.87 billion[2] (US$4.13 billion, FY2025) |
Number of employees | 9,160 (FY2025) |
| Website | www |
Operations
editIt 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
editThe 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
editReferences
edit- ↑ 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 | MarketScreener". www.marketscreener.com. Retrieved 2026-04-09.
- 1 2 3 Li, Amy (10 February 2014). "Soy-Sauce Maker Set For Debut In China". Wall Street Journal. Retrieved 10 February 2014.
- 1 2 3 4 5 Li, Amy (10 February 2014). "Soy-Sauce Stock Soars on Day One". Wall Street Journal. Retrieved 27 February 2014.
- ↑ "Haitian Food to boost soy sauce production". Archived from the original on 2019-06-07. Retrieved 2014-02-11.
- ↑ "Soy-Sauce Stock Soars on Day One". Wall Street Journal. 2014-02-11. ISSN 0099-9660. Retrieved 2020-10-08.
- ↑ "Strong China debut for world's top soy sauce maker". TODAYonline. Retrieved 2020-10-08.
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