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Haitian shareholding structure

Haitian's equity structure is that Haitian Group holds 58% of the company's shares, and the company's executives hold 49% of the company's shares.

In 2014, a share incentive program was implemented for mid-level key employees who have been with the company for more than 6 years. Mid-level management and technical staff hold company shares through direct or indirect means, and the interests of the management and operating layer are highly aligned with those of the company. It further binds the interests of employees and the company, establishes a market-oriented and long-term assessment mechanism, and the incentive policy is sustainable.

Foshan Haitian (Gaoming) and Foshan Haitian (Jiangsu) are two important wholly-owned subsidiaries of the company, accounting for 84% and 5% of the company's net profit in 2019, respectively. In addition, the company has acquired Zhenjiang Danhe Vinegar and Guangdong Guangzhonghuang (curd) respectively to expand its categories, which are currently operating in general.

Haitian

Haitian is a professional seasoning manufacturer with a long history, and is one of the "Chinese old" enterprises announced by the Ministry of Commerce of the People's Republic of China, with products covering soy sauce, oyster sauce, vinegar, seasoning sauce, chicken essence, monosodium glutamate, Oil, small condiments and other eight series of more than 200 specifications and varieties.

In 1994, Haitian successfully transformed into the world's largest professional seasoning production and marketing enterprises. in December 2010, from the original Foshan Haitian Seasoned Food Co.