About Us
Holding total capital worth USD90,000,000 and employing 2,200 workers, we are a large-scale enterprise specializing in the processing of corn. Integrating science, industry, agriculture and trade, we were incorporated in 1986, and re-established in 2001 with registered capital of USD1,340,000. Having held the right to independently conduct import and export trade since 1999, we now have customers in Asia, Europe and Africa.
A group company, our subsidiaries include:
1) Shandong Xiwang Cereals and Oils Co., Ltd.
2) Shandong Xiwang Starch Co., Ltd.
3) Shandong Xiwang Sugar Industrial Co., Ltd.
4) Shandong Biyundong Water & Wine Co., Ltd.
5) Shandong Xiwang Transport Co., Ltd.
6) Zouping Xiwang Construction Co., Ltd.
Meanwhile, we also hold shares in Beijing Pioneer Acquisition Co., Ltd., and a Sino-foreign joint venture, Zouping Heat & Power Co., Ltd.
In 2002 we achieved a total sales income of USD61,000,000, with profits and tax reaching USD6,070,000.
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