As a soybean oil brand, Yuanbao (Gold Ingots Brand) entered China in the late 1980s along with Jinlongyu. in the late 1980s, Yuanbao introduced small packages of soybean oil after Jinlongyu.
Yihai Kerry Group, which entered China in the late 1980s, was founded by Mr. Guo Hernian, a famous patriotic overseas Chinese, and his nephew, Mr. Guo Kongfeng***, with a total investment of more than RMB 30 billion in the mainland China, and is mainly involved in the industries of oilseed crushing, edible oil refining, special fats and oils, oleochemicals, deep processing of maize, intensive and deep processing of soybeans, and research and development of grain and oil science and technology.