Jiangsu Hengshun vinegar Co., Ltd. (600305)

Jiangsu Hengshun vinegar Co., Ltd. (600305)

Jiangsu Hengshun vinegar Co., Ltd. was founded in the Qing Dynasty in 1840, and was an enterprise of "China old brand". The company was more famous for the reform of the stock system in August 1999; In February, 2001, it was listed on the Shanghai Stock Exchange successfully. Hengshun, originated from the Buddhist book of Huayan: Hengshun all living beings; Always follow the goodness of all living beings. In 1840, Zhu zhaohuai, the Dante, founded zhuhengshun dross workshop with the management concept of "Hengshun all living beings", thus opening the development journey of "hundred years of Hengshun".

For more than 170 years, Hengshun people have always been taking the benefit of society as their own responsibility, forge ahead and keep improving themselves. They have developed a traditional soy sauce and vinegar workshop into a modern enterprise group and listed company. The total assets of the group company reached 4billion, with annual sales of more than 2 billion, of which 1.2 billion were mainly sold. In the process of continuous development and growth of enterprises, "Hengshun people" inherit the ancient brewing technology, strictly abide by the factory training that "quality is the lifeline of enterprises". The unique "Hengshun solid-state layered fermentation technology" is listed in the national intangible cultural heritage protection list. On the basis of emphasizing inheritance, Hengshun people pay more attention to innovation and development. Enterprises take pool instead of cylinder, machinery turned grains, industrial development, capital operation and other leading the industry development trend. Hengshun enterprise has also become the chairman unit of China seasoning Association and the chairman of the China vinegar Professional Committee for its outstanding contribution to the development of the industry.

As the four famous vinegar in China, on the basis of leading the development of Chinese vinegar industry, the "hundred year Hengshun" has been formed: seven categories of products, including color vinegar, white vinegar, cooking wine, sauce, soy sauce, sesame oil, soy sauce, etc., are widely sold in more than 50 countries and supplied to more than 160 embassies (leaders) in more than 160 countries stationed abroad. Hengshun products have won the international gold medal and won the national quality gold medal for three times. It is a geographical indication product of the European Union and a famous brand product in China. In 2010, Hengshun products also won the product quality award of vinegar industry of Shanghai World Expo. Hengshun enterprise has been awarded the titles of "national key leading enterprise of agricultural industrialization", "national enterprise of abiding by contract and respecting credit" and "the most capital competitive enterprise in Chinese seasoning industry". In 2012, it was recognized as a national high-tech enterprise and won the "Asian famous brand award" in 2013.

"Inheriting the classic of the century and building international brand" is the historical mission of "hundred years of Hengshun". Therefore, generations of "Hengshun people" have long-standing aspirations to stick to the traditional technology, constantly reform and innovation, and strive to build leading brand of Chinese vinegar industry and promote Hengshun products to the world“ Being the leader of Chinese vinegar industry is a good vision of "a hundred years of constancy". Therefore, Hengshun people are striving to meet the delicious, nutritional and health requirements of consumers on the basis of the first industrial production, capital operation and brand development in China vinegar industry. Looking forward to the future, Hengshun people will further promote the corporate culture of "Hengshun all living beings", and strive to make efforts to Hengshun society, Hengshun consumers, Hengshun investors, Hengshun dealers and employees of Hengshun enterprises.

During the 13th five year plan, Hengshun people will focus on: the scale of main business strives to double, and the main marketing sales strive to exceed 2 billion; Economic benefits strive to double, and profits and taxes will exceed 350 million; The market value of listed companies is striving to double, and the market value of the listed companies is striving to exceed 10 billion; And through the growth of enterprise scale and benefit, we strive to make Hengshun employees' wage and welfare level enter into the advanced ranks of similar enterprises in Zhenjiang; From five aspects, we should focus on promoting the leap forward development of enterprises: first, through industrial transformation and upgrading, we should accelerate the pace of enterprise integration, and strive to realize the transformation from diversified development to focusing on the development of main industry; Second, we should speed up the pace of modernization and information transformation of enterprises through technology transformation and upgrading, and strive to realize the transformation from traditional labor-intensive enterprises to modern food production enterprises; Third, we should accelerate the development of new products and process improvement through product transformation and upgrading, and strive to realize the transformation from traditional seasoning food to green nutrition health products; Fourth, we should accelerate the pace of system reform and mechanism innovation through the transformation and upgrading of mechanism, and strive to realize the transformation from traditional state-owned management mechanism to modern enterprise system; Fifth, we should accelerate the pace of merger and reorganization and management innovation through the transformation and upgrading of business model, and strive to realize the transformation from production and operation type enterprise to brand and capital operated enterprise.

The self-improvement "Hengshun people" has a dream: on the basis of the seasoning plate which is devoted to making the best and making the best, taking vinegar as the core industry, we will vigorously cultivate two new growth points of Hengshun nutrition and health drink. Through the unremitting efforts during the period, it will lay a solid foundation for the realization of the far-reaching goal of "10 billion Hengshun". It will make more and more contribution to the development of traditional Chinese industry and the revitalization of national industry.

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