Xiwang Group Co., Ltd, established in 1986, is a large industrial enterprise group integrating
corn processing, real estate, steel, wine, logistics operation and thermoelectricity. Its
annual corn processing capacity is 1.8 million tons, main products including crystalline
fructose, medical dextrose, edible dextrose, fructose syrup, gluconate, oligosaccharides,
maltodextrin, starch, corn oil, feedstuff, wine, deformed steel bar, special steel, etc. Its
scale of producing edible glucose, corn oil, anhydrous glucose, and maltodextrin is the
largest in Asia. Today, the group owns a total assets amounting to 11.615 billion yuan and
more than 10,000 staffs. In 2008, the group achieved sales income of 13.214 billion yuan,
profit tax of 802 million yuan, and earned US 104.61 million dollars through export. On
December 9, 2005, it listed on the stock market of HongKong Bourse, and in May 2006, it was
entitled as ¡°China¡¯s Sugar (starch sugar) Capital¡± by the China National Food Industry
Association.
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