Fufeng Group

Fufeng Group
阜丰集团

Type	Privately held company
Industry	monosodium glutamate and xanthan gum
Founded	1999
Headquarters	Jinan, Shandong, People's Republic of China
Area served	People's Republic of China
Key people	Chairman: Mr. Li Xuechun
Website	Fufeng Group

Fufeng Group (SEHK: 546) is the largest private-owned monosodium glutamate (flavour enhancer) and the second largest xanthan gum producer in Mainland China. Its products include flavour enhancers, xanthan gum, fertilizer, starch, and sugar substitute. Its headquarters is in Shandong province. Its CEO is Li Xuechun.

Fufeng was listed on the Hong Kong Stock Exchange on 8 February 2007 with IPO price at HK$2.23 per share. Its share price at the first trading day was HK$3.01, with a 35% increase compared with its IPO price.^[1] However, after issuing profit warning and profit decline at the first half year in 2007 due to a rise in the price of corn, its share price dropped below the IPO price and currently is below HK$1.^[2]^[3] Its share price showed the poorest performance among all newly listed stocks in 2007.^[4] The market capitalization of Fufeng Group is around $5.3B HKD in Jan 2016.

References

External links

Fufeng Group

Food companies of China

Bright Food COFCO Group Chaoda Modern Agriculture China Agri-Industries Holdings China Foods Limited Dachan Food (Asia) Fufeng Group Global Bio-Chem Global Sweeteners Hanwei Group People's Food Holdings Shuanghui Tien Chun Ve-Tsin Ting Hsin International Group Tingyi (Cayman Islands) Holding Corporation Uni-President China Want Want China Xinjiang Chalkis Co.Ltd Yurun Group

State Food and Drug Administration Agriculture Food Safety

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