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Foshan Haitian Flavouring & Food Co

Chinese sauce manufacturer From Wikipedia, the free encyclopedia

Foshan Haitian Flavouring & Food Co. Ltd (Chinese: 海天味业) is a Chinese public company that manufactures sauces and flavourings. It is the largest manufacturer of soy sauce in the world.[3]

Haitian fermented bean paste
Native name
佛山市海天調味食品股份有限公司
TypePublic
[1]
Quick facts Native name, Type ...
Foshan Haitian Flavouring & Food Co. Ltd
Native name
佛山市海天調味食品股份有限公司
TypePublic
[1]
IndustryFood industry
Founded1955 (71 years ago) (1955)
HeadquartersFoshan, Guangdong, China
RevenueIncrease CN¥28.87 billion[2] (US$4.13 billion, FY2025)
Number of employees
9,160 (FY2025)
Websitewww.haday.com/en/
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Operations

It is based in Guangdong.[3] The chairman is Pang Kang. Sales in 2012 were around seven billion yuan.[4]

In 2010, it held 16 to 19 percent of the Chinese soy sauce market.[3] Its major competitors included Kikkoman and Lee Kum Kee.[4] The company also manufactures other sauces and condiments such as oyster, hoisin, shrimp and vinegar.[5]

History

The company was established in the seventeenth century as a group of sauce factories in Foshan.[4]

In 2007, it was bought out by its employees from the government of Foshan.[4] In 2014, it underwent an IPO on the Shanghai Stock Exchange in order to raise funds for expansion.[4][6] The company raised 3.84 billion yuan after selling 74.85 million shares.[7]

See also

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