Recently, the 2019 Chinas Top 100 Agro-Processing Enterprises List was released. In 2019, the national sales revenue of the agro-processing industry amounted to over 22 trillion yuan; there were 81,000 agro-processing enterprises above the designated size, employing over 30 million farmers, and helping over 100 million small farmers.
VV Group was ranked Top 10 in the list due to its strength in agro-processing and storage, brand-building for food and beverages, and product innovation.
Lets get a feel of VV Group’s condition by looking at its subsidiary, VV Food & Beverage Co., Ltd. In 2019, the revenue of the subsidiary reached 5.039 billion yuan, an increase of 0.12% year-on-year; the net profit attributable to shareholders was 72,926,000 yuan, an increase of 22.22% over the same period last year. From these figures, we can sense VV Group’s strength as the nation’s leading agricultural industrialization company.
As one of the few conglomerates that possess a complete grain, oil and food whole industry chain, VV Group adheres to the principle of health and takes its roots in the real economy. Keeping the national brand and continuously growing the business, VV Group is committed to benefit the country. Now VV Group has basically established the food whole industry chain “from farming to serving inclusive”.
Focusing on quality grain source bases, VV Group has deployed 4 major grain and oil products bases nationwide, namely Xuzhou Oil Logistics Industry Park, Yunan Quality Peanut Base, Suihua Quality Soybean Base, and Jiamusi Quality Rice & Grain Base, so as to comprehensively control the supply and quality of the upstream products. VV Group precedes others in domestic grain and oil industry regarding size and modernization. In addition, by fully utilizing existing high-quality resources, VV Group has established a comprehensive chain of processed agricultural products, and created well-known national brands recognized and sought after by the market.