| |
--Strategical
Cooperation |
In 1996,
the company made joint ventures with Danone Group to
form 5 new subsidiaries, which fetched in $ 45 million
at first and then $ 26.2 million as added investment.
Wahaha brought world-class advanced production lines
from Germany, America, Italy, Japan and Canada into
its sites. By using foreign investment and technology,
Wahaha strides toward a new century of national brand.
|
| --A
Glance at Last Century |
In 2000,
the company produced 2.24 million tons of beverage with
a sales revenue of £¤5.4 billion, £¤1.27 billion of profit
and tax and £¤0.96 billion of profit. The production
accounted for 15% of the nation's output of beverage
and 37% of the "Big Ten" of beverage industry.
The output of the main products, such as bottled water,
fruit milk, AD milk enriched with Ca, and mixed congee
has been in the first place of the Chinese beverage
industry for years, among which the output of milk product
and bottled water can compete with other international
big corporations. The group has become the biggest company
in the beverage industry of China with total assets
of £¤4.4 billion and more than 40 subsidiaries cover
more than 16 provinces. Of course, behind such outstanding
achievement are the competitive power and good challenging
circumstance formed by many years of hard working.
|