XIWANG GROUP CO.,LTD

Chemicals

Xiwang Group Co., Ltd, established in 1986, is a large industrial enterprise group integrating corn processing, real estate, steel, wine, logistics operation and thermoelectricity. Its annual corn processing capacity is 1.8 million tons, main products including corn fructose, medical dextrose, edible dextrose, fructose syrup, gluconate, oligosaccharides, maltodextrin, starch, corn oil, feedstuff, wine, deformed steel bar, special steel, etc. Its scale of producing edible glucose, corn oil, anhydrous glecose, and malodextrin is the largest in Asia. Today, the group owns a total assets amounting to 11.615 billion yuan and more than 10, 000 staffs. In 2009, the group achieved sales income of 5.28billion yuan, profit tax of 1030 million yuan. On December 9, 2005, it listed on the stock market of HongKong Bourse, and in May 2006, it was entitled as “China’s Sugar(starch sugar) Capital” by the China National Food Industroy Association. In 2009, it ranked No.404 of Top 500 Chinese enterprises, 228 of Top 500 Chinese manufacturers, in 2008, it ranked 52 of provincial top-100 enterprises, 43 of the provincial top-100 industrial entities, and 32 of the provincial top-100 manufacturers. Moreover, it was awarded a number of honorable titles, including the title of “National leading enterprise in Agricultural Industrilization”, “National environmentally-friendly enterprise”, “National Torch Plan Key High-tech Enterprise”, “Advanced Private Enterprise in Science and Technology Innovation”, “Champion of National Starch Sugar Industry”, “National Excellent Welfare Enterprise”, and the “Top-100 Enterprise in Chinese Food Industry”.