The company is a hotel, business, building decoration integrated listed company. Subsidiary Kinder Hotel Co., Ltd. is Zhuzhou City’s first three-star multi-functional hotel for foreign tourists. Subsidiary Zhejiang Jinde Valve Co., Ltd. is a complete pipe joints oriented manufacturer with products and services of operating parts, plumbing, gas piping components, ball valve, gate valve manufacturing and processing. The company aims shifting from tourism industry based to business-intensive and high-tech industries in 3-5 years with PVC foam core pipe, PVC pipe new fittings, PPR pipe, aluminum plastic composite pipe as major products. Restructuring announced in May 2010: the company to transfer all assets debts and liabilities to Xiwang Group, issue non-public offering shares to Xiwang Group to acquire 100% shares of Shangdong Xiwang Food Co., Ltd. Shandong Xiwang is the largest corn oil producer in China and it has 31.95% domestic market share. After the restructuring the company has become one of largest corn oil manufacturer in China.
Basic Information
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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General Manager
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Deputy General Manager
Ownership Details
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29.7%
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22.62%
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4.99%
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3.49%
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1.75%
Subsidiaries
Conscious Kitchen LLC
100%
HDM Formulations Ltd.
100%
HHC Formulations Ltd
100%
Company Performance
Financial values in the chart are available after Xiwang Foodstuffs Co., Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-15.07%▼
Total operating revenue
-15.12%▼
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Operating Profit Margin (ROS)
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
1.32%▲