The Group was founded in 1962, formerly known as Yilan Food Industry Co. In 1983, Want Want created the brand and invested in factories in mainland China in the early 1990s. After years of development, Want Want has spread its footprints to 61 countries and regions in Asia, Africa, North America, Central and South America, Oceania, Europe, etc. In 2008, Want Want China Holdings Limited (stock code: 0151.HK) was officially listed on the main board of The Stock Exchange of Hong Kong Limited, becoming the holding company of its catering business. Want Want continues to expand its business areas, explore the Southeast Asian market and seek more diversified industrial cooperation. Want Want Group manages its businesses with the management philosophy of "Leadership, Confidence and Unity", and aspires to become a "comprehensive consumer food kingdom" and move towards the goal of "No. 1 in China and No. 1 in the world". We are determined to become a "comprehensive consumer food kingdom" and move towards the goal of "China's first, the world's first".

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Advantages of forming a group of companies Larger corporate assets in a wider range of fields. The strength of the enterprise will be very strong and so on. Disadvantages of forming a group of companies It involves a lot of industries that you don't know and is very risky. There are many problems in business management. Group operation, i.e. diversification, is subdivided into related and unrelated diversification. Single operation:Highest degree of relevance and lowest degree of diversification. Correlated diversification:medium correlation, medium diversification. Unrelated diversification:low relevance, high diversification. Relevant diversification means that they have *** similarities and can borrow resources from each other. For example, P&G's subsidiaries include detergents, detergent products and diapers. They can utilize P&G's channel resources (channel bargaining power, channel rollout), advertising resources (unified advertising planning, etc.), and human resources (the same daily chemical marketers).

The group company refers to the capital as the main link to the parent and subsidiary companies as the main body of the group charter as **** the same code of conduct, by the parent company, subsidiaries, joint-stock companies and other members of the enterprise legal person association. According to the degree of centralized and decentralized management of the parent company, it can be roughly divided into the following three types: Centralized management system Centralized management system, refers to all production and operation activities of the enterprise are concentrated under the unified command of the parent company, the subsidiary's supply, production, sales, personnel, goods, content by the parent company under unified management, unified management, unified accounting, vertical leadership, the units in the financial independence, there is no autonomy in management In addition, a functional department is set up in the parent company to assist the general manager in managing the business of the subsidiaries. The advantages of the implementation of this management system are: conducive to the unified allocation and scheduling of personnel, funds and materials throughout the group, you can focus on a variety of forces to maximize the group's key projects; better ensure that subsidiaries to implement the guidelines and policies; can improve the overall competitiveness of the group; conducive to improving the group's decision-making ability and speed; conducive to the cultivation of the group's employees collectivism and the overall concept. The disadvantages of this kind of management system are: it is not good for mobilizing the enthusiasm and initiative of the subsidiaries' management; it is easy to form the subordinates to follow the arrangement of the superiors, which affects the staff's sense of responsibility; the group's management mechanism is rigid, and there are too many rules and regulations, which affects the effectiveness of the enterprise's activities; in terms of distribution, it is very easy to eat the "cauldron", and engage in "egalitarianism". The "egalitarianism".