Friday, March 29, 2024
 
Columnist
Martin Hennecke
 
CHI TIANYI HOLD
HKEx Stock Code : 00756 
 
Corporate Profile
Principally engaged in cultivation and selling of fresh oranges, manufacturing and selling of frozen concentrated orange juice (“FCOJ”) and its related products.

Business Review - For the year ended June 30, 2012

The Group is principally engaged in processing and selling of frozen concentrated orange juice (“FCOJ”) and its related products, and selling of fresh oranges. FCOJ is the primary raw material for the production of orange juice beverages. According to the statistics issued by the China Beverage Industry Association (中國飲料工業協會), the Group is one of the leading producers in the FCOJ industry in China in terms of production volume.

With the improvement of Chinese consumption and living standard, the fruit juice market in China has maintained rapid growth in recent years and has been sustained by strong demand for orange juice beverages. The FCOJ manufacturing industry in China is just in the initial stage of its development and supply of processed oranges is still under demands, and therefore China's existing production output of FCOJ is insufficient to meet the market demand. The meeting of the increasing demand for FCOJ in China relies primarily on imported products.

Business Outlook - For the year ended June 30, 2012

The Group is one of few local suppliers providing FCOJ to world's leading beverage/drink manufacturers in China. The Group has been operating in the FCOJ industry for 19 years. Extensive experience, high product quality and manufacturing skills are the keys for our success. The Group aims to maintain its leading position in the industry in China through continuing expansion of production capacity, orange farms, and product range, and focus on customer's satisfaction.

Source: China Tianyi Hold (00756) Annual Results Announcement
Chairman Sin Ke Issued Capital (shares) 1,233M
Par Value HKD 0.01 Market Capitalisation (HKD) 1,787M
 
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