南僑化學工業股份有限公司 - Section 3

This location is the business office of "Nanqiao Oil", a subsidiary of "Nanqiao Investment Holdings Co., Ltd." (abbreviation: Nanqiao Investment Holdings/stock code: 1702). Nanqiao Chemical Industry Co., Ltd. (1702) was established in 1952. The founder, Mr. Chen Qizhi, an overseas Chinese in the Philippines, took over the reorganization of the original "Nanqiao Industrial Co., Ltd.". , Zhongli. Mainly engaged in the manufacture, sale and processing of lotion products, oil products and frozen prepared foods. "Nanqiao Oil" is specialized in the original Nanqiao oil and frozen dough business. There are two main business items of "Nanqiao Oil": 1. "Grease" projects and customers: Direct sales in the province, direct use by customers, and a 30% market share in Taiwan. Customers in the mainland market include Master Kong (Ting Hsin Group), Lianhua Foods, McDonald's, Christine Bread, 85°C, Dicos Fried Chicken, which are mainly used for fried chicken, French fries and other frying oils, and baking For training oil, there are as many as 20,000 bakeries in mainland China that use Nanqiao baking oil, accounting for nearly 30% of the market. Baking customers account for 57% of oil sales and 84% of oil profits. The customer is a food manufacturer, not the final consumer, so the cost-shifting ability is good. 2. "Frozen Dough" items and customers: There are nearly 300 main commodity items, which are divided into nine categories. Most of the sales targets are traditional bakeries, chain bakeries, large-scale retail stores, bakeries in supermarkets, and freshly baked bread in convenience stores. Stores and central bakery factories, chain restaurants, chain fast food restaurants, local bakeries, souvenir shops, five-star restaurants, sky kitchens, etc. The sales market is not only in Taiwan, but also exported to the United States, Canada, Japan, and Australia. Frozen dough customers include Whole Family and Quanlian. (Data source: "Financial Encyclopedia" of MoneyDJ Financial Network)