Want Want China Holdings Limited
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Native name
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中国旺旺控股有限公司 |
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| Privately owned company (Taiwanese enterprise) | |
| Traded as | (: 151) |
| Industry | Foods |
| Founded | 2007 |
| Headquarters | Shanghai, China |
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Area served
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China |
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Key people
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Tsai Eng-Meng, Chairman and CEO |
| Products | snack foods, beverages |
| Parent | Want Want Holdings |
| Website | Want Want China Holdings Limited |
Want Want China Holdings Limited (simplified Chinese: 中国旺旺控股有限公司; traditional Chinese: 中國旺旺控股有限公司; pinyin: Zhōngguó Wàngwàng Kònggǔ Yǒuxiàngōngsī) is the largest maker of rice cakes and flavored milk in China. It is also engaged in the manufacturing and sales of snack foods and beverages. The company's parent company is Want Want Holdings in Taiwan. Its headquarters are in Minhang District, Shanghai.
The company was established in 2007. It is incorporated in the Cayman Islands and headquartered in Shanghai. It was listed on the in 2008 with its IPO price of HK$3.0 per share. According to Bloomberg, its largest shareholder is the founder Tsai Eng-Meng, and second largest is Iwatsuka Confectionery, based in Nagoya.
In 2010, the company saw a 5% increase in profits and net income had risen from $312.6 million to $358.5 million. Want Want China also reported that sales had risen 31% to $2.24 billion. In 2011 it announced a tie up with Marubeni, according to the Mainichi Shinbun.
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