SINO GRANDNESS FOOD IND GP LTD

The Company was incorporated in Singapore on 20 April 2007 under the name Sino Grandness Food Industry Group Pte Ltd. The Company converted into a public company limited on 12 November 2009 and changed its name to Sino Grandness Food Industry Group Limited. The Group is a manufacturer and supplier of canned fruits and vegetables, mainly for the export market. Its main products are canned asparagus, long beans and mushrooms and other products (including bamboo shoots, sweet corn, chillies and fruits, like lychees, pineapples and peaches). The Group currently has an annual production capacity of approximately 22,235 tonnes, at its 5 production facilities in different climatic regions across 4 provinces in China, namely, Shandong, Shanxi, Yunnan and Sichuan Provinces.The Group's market spans Europe, North America (namely Mexico) and Asia, and its major markets are Germany, France, Spain, the Netherlands, the Czech Republic, Russia, Mexico and Singapore. Most of the Group products are branded under its customers’ brands, including “Mikado”, and housebrands of major supermarket chains in Europe including Lidl, Aldi, E.Leclerc (through Siplec), REWE, Carrefour, WalMart and Metro. The Group also sells its products domestically in China. In 2007, the Group started the production and sale of products using its brand names, namely “Dao Mei” (“??”) for China market and “Grandness” for the overseas market.

Share Split 2 for 1 on 27/09/2013


www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/7494-sino-grandness-will-its-garden-fresh-ipo-get-a-boost-from-rivals-rising-valuation-

Potential catalyst: Garden Fresh IPO

But current price action seems to suggest that the IPO in HK may not materalise.