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Dali Foods Group
Dali Foods Group is a baked goods company in China. Its headquarters are in Hui'an County, Quanzhou, Fujian, China. Dali Foods is known for its low-cost snacks which are sold by more than 6,500 distributors across the country. Their best known brands are its ''Copico'' potato chips (; ''Kěbǐkè''), ''Heqizheng'' herbal tea and ''Haochidian'' soda crackers. History The company was founded by Xu Shisui in 1989 in Quanzhou. In 2004 it began construction of a biscuit processing plant in Changchun, Jilin Province. The total budget for construction of the factory was 19 million euros, with the first phase of the project accounting for 11 million euros and the second phase, consisting of eight production lines, accounting for the remainder. In 2015, the company raised $1.15 billion from a public float in its initial public offering on the Hong Kong Stock Exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Hui'an County
() is a county under the jurisdiction of the prefecture-level city of Quanzhou, Fujian, People's Republic of China. It is situated in the middle of the Fujian coast, between Quanzhou and Meizhou Bay. The county has a population of 921,794, as of late 2003, with a non-agricultural population of 289,396 people. The dialect is Hui'an dialect, related to Hokkien. Administrative divisions The county is divided into fifteen towns and one ethnic township. The only township in the county is Baiqi Hui Ethnic Township. ''Towns'': * (), the county seat (the location marked on most maps as "Hui'an") * Luòyáng (), * Chongwu (), * Dongyuan (), * Zhangban (), * Dongling (), * Wangchuan (), * Tuzhai (), * Luóyáng (), * Huangtang (), * Shanxia (), * Jingfeng (), * Dongqiao (), * Zishan (), * Xiaozuo () Economy Hui'an people have long been engaged in quarrying local granite Granite ( ) is a coarse-grained (phanerite, phaneritic) intrusive rock, intrusive igneous rock comp ...
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Quanzhou
Quanzhou is a prefecture-level city, prefecture-level port city on the north bank of the Jin River, beside the Taiwan Strait in southern Fujian, China, People's Republic of China. It is Fujian's largest most populous metropolitan region, with an area of and a population of 8,782,285 as of the 2020 Chinese census, 2020 census. Its City proper, built-up area is home to 6,669,711 inhabitants, encompassing the Licheng District, Quanzhou, Licheng, Fengze District, Fengze, and Luojiang District, Quanzhou, Luojiang district (PRC), urban districts; Jinjiang, Fujian, Jinjiang, Nan'an, Fujian, Nan'an, and Shishi, Fujian, Shishi County-level city, cities; Hui'an county (PRC), County; and the Quanzhou District for Taiwanese Investment. Quanzhou was China's 12th-largest extended metropolitan area in 2010. Quanzhou was China's major port for foreign traders, who knew it as Zaiton, during the 11th through 14th centuries. It was visited by both Marco Polo and Ibn Battuta; both travelers pr ...
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Fujian
Fujian is a provinces of China, province in East China, southeastern China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, Guangdong to the south, and the Taiwan Strait to the east. Its capital is Fuzhou and its largest prefecture city by population is Quanzhou, with other notable cities including the port city of Xiamen and Zhangzhou. Fujian is located on the west coast of the Taiwan Strait as the closest province geographically and culturally to Taiwan; as a result of the Chinese Civil War, a small portion of historical Fujian is administered by Taiwan, romanized as Fuchien Province, Republic of China, Fuchien. While the population predominantly identifies as Han Chinese, Han, it is one of China's most culturally and linguistically diverse provinces. The dialects of the language group Min Chinese are most commonly spoken within the province, including the Fuzhou dialect and Eastern Min of Northeastern Fujian province and various Southern Min and Hokkien dial ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'' (and before that ''Business Week'' and ''The Business Week''), is an American monthly business magazine published 12 times a year. The magazine debuted in New York City in September 1929. Since 2009, the magazine has been owned by Bloomberg L.P. and became a monthly in June 2024. History 1929–2008: ''Businessweek'' ''The Business Week'' was first published based in New York City in September 1929, weeks before the stock market crash. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made it one of the first publications to cover national political issues that directly impacted the business world. The name of the magazine was shortened to ''Business Week'' in 1934. Originally published as a resource for business managers, the magazine shifted its s ...
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Xu Shihui
Xu Shihui (; born 1958) is a Chinese businessman, politician and a representative of the Fujian region at the 12th National People's Congress. He is the founder and chairman of Dali Foods Group, a food and drink company. As of November 2023, he and his family was worth $7.9 billion. Biography Xu Shihui was born in Hui'an, Fujian province. His father was a laborer. He got a job at Dali, cookie business in Quanzhou, when it was a collective and amassed shares by proving that he was a leader. This business would later become Fujian Dali Foods Group. He serves as group's chairman since 1992. He has served as a deputy to the National People's Congress since 2008. In 2013, he served as a deputy to the National People's Congress. In 2015, Dali Foods Group was listed on Hong Kong Stock Exchange. In 2016, he was ranked 20th in Forbes's China Rich List with a fortune of $6.3 billion. In 2019, he and his family had a fortune of $9.3 billion. In 2020, ''Forbes'' estimated his net wort ...
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Changchun
Changchun is the capital and largest city of Jilin, Jilin Province, China, on the Songliao Plain. Changchun is administered as a , comprising seven districts, one county and three county-level cities. At the 2020 census of China, Changchun had a population of 9,066,906; its metro area, comprising five districts and one development area, had a population of 5,019,477. Shuangyang and Jiutai districts are not urbanized yet. It is one of the biggest cities in Northeast China, along with Shenyang, Dalian and Harbin. The name of the city means "long spring" in Chinese language, Chinese. Between 1932 and 1945, Changchun was renamed Xinjing ( zh, c=新京 , p=Xīnjīng, l=new capital) or Hsinking by the Kwantung Army as the capital of the Imperial Japanese puppet state of Manchukuo, occupying modern Northeast China. After the Proclamation of the founding of the People's Republic of China, foundation of the People's Republic of China in 1949, Changchun was established as the provincial ...
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William Reed Business Media SAS
William Reed is a digital, high value data, and events business serving the food and drinks sector. By 2021, it had offices in five locations – Crawley, London, Montpellier, Singapore and Chicago. Early history In 1862, William Reed founded his own publishing company, ''William Reed Publishing'' in London. With the contacts he had made working in the grocer industry and the knowledge he had gained, he launched his first journal, ''The Grocer'', from his premises based in Bow Lane, London. ''The Grocer'' gave readers the latest news and analysis of the trade. A year later the ''Wine Trade Review'' launched as a supplement to ''The Grocer''. By 1864, Reed targeted the brewing industry with ''Brewers Journal'', and its supplement, ''Hop & Malt Trades Review'', and in 1868 he added ''Tobacco Trade Review'' to his company's magazine line up. Reed died in 1920; at that time ''The Grocer'' was his company's best-known publication, and was used by the Ministry of Food to make announ ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market capitalization as of August 2024. The exchange plays a crucial role in connecting international investors with Mainland China, mainland Chinese companies, serving as a major platform for capital raising. Unlike Chinese stock exchanges (other), mainland Chinese exchanges, it operates under Hong Kong’s distinct regulatory framework, which allows greater access to foreign investors. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing, Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became the world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME Group, CME. A 20 ...
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Food And Drink Companies Established In 1989
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin and contains essential nutrients such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their metabolisms and have evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtaining food in many different ecosystems. Humans generally use cooking to prepare food for consumption. The majority of the food energy required is supplied by the industrial food industry, which produces food through intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies he ...
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