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COFCO

Updated: Jul 6, 2023 Print
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COFCO's unique advantages in global distribution, fully-integrated value chain, agricultural innovations, as well as its position in the world's largest emerging market make it one of the world's leading agribusinesses, ready to build even more stable food corridors between major production areas and emerging markets.

Founded in 1949, COFCO has become a leading supplier of agricultural products with grain, oil, sugar and cotton as its core business. Its business scope ranges from branded products to financial services and real estate. COFCO has the leading edge in Chinese market and is well positioned to take its first steps as an international agribusiness.

At present, COFCO has total assets of 560.6 billion yuan, annual revenue of 471.1 billion yuan, total annual turnover of 150 million tons, global storage capacity of 31 million tons, annual processing capacity of 90 million tons and annual port transit capacity of 65 million tons.

COFCO is China's largest food processing company, with products covering all the main categories of Chinese daily consumption which include rice, wheat, corn, oil and oilseeds, sugar, cotton, meat products, dairy products, wine, tea and other products. COFCO has 2.3 million stores throughout China’s 952 large and medium-sized cities and more than 10,000 counties and villages, capable of providing consumers with a sufficient supply of quality and safe food year-round.

On the global stage COFCO has a unique advantage. It is an industry leader in rice, wheat, corn, oil and oilseeds, sugar and cotton in over 140 countries and regions of the world. It has a global coverage of grain and oil producing areas and owns a sophisticated global production & procurement platform and trade network. Half of company's income comes from overseas business. With its market access and strong planning, COFCO ensures a stable supply for both Chinese and international communities and a foundation of food security.

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