Background Information
Want Want Group began operations with I Lan Foods Industrial Co., Ltd in Taiwan in May 1962 which manufactured canned agricultural products mainly for export.
In 1983, we collaborated with one of the top three Japanese rice cracker makers Iwatsuka Confectionary Co., Ltd, with the signing of a technical corporation agreement to jointly develop rice cracker market in Taiwan and became the market leader within a short span of time.
In 1987, we became the first Taiwanese operator to apply for the registration of our trademark in China.
Faced with resource constraints and limited Taiwan market, the Group ventured into China in 1992 to seize the opportunities when it opened up its economy, and our product commercials were broadcasted on China TV stations for the first time. Our first production plant commenced operation in Hunan in 1994, providing us with a solid foundation to gain greater access to the vast Chinese consumer market.
To raise our corporate profile, capitalize on resources and investment opportunities, and expand our sources of funds, Want Want Holdings Pte Ltd, a Singapore investment holding company was incorporated in October 1995. In May 1996, it was converted to Want Want Holdings Ltd and listed on the Main Board of the Singapore Exchange Securities Trading Limited (formerly known as Stock Exchange of Singapore).
As we have benefited greatly from the support of our consumers through our years of growth,the Group reciprocates with active involvement in various charitable causes. To-date, Want Want Foundation in China and Singapore,and two funds in Taiwan, namely Want Want Cultural & Educational Fund and Taipei Sze Jeu Welfare Fund Society, have been set up to provide assistance and support to the aged, poor, less privileged groups and major catastrophe.
Principal Activities
The principal activities of the Group are the manufacturing and trading of snack foods, beverages and related products.
Key Markets
Majority of the Group's production facilities are located in China with the remainder in Taiwan.
The Group's products are distributed widely with China taking up a dominant share of sales, followed by Taiwan and other export markets.
updated as per Annual Report 2005
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