Sichuan Teway Food Group Co., Ltd

Sichuan Teway Food Group Co., Ltd. (stock code: 603317) takes creating a better life with delicious food as its mission. Since its establishment, it has been focusing on the research and development, production, and sales of compound seasonings. It has developed into a large-scale compound seasoning production enterprise, dominating with hot pot seasoning and Chinese cuisine seasoning. The registered capital of the company exceeds 630 million RMB, with more than 2740 employees. The company has four wholly-owned subsidiaries, including Zigong Teway Food Co., Ltd., Sichuan Teway Homeland Food Co., Ltd., Sichuan Ruisheng Investment Management Co., Ltd., and Sichuan Teway Food Group Homeland Food Co., Ltd., and has four modernized bases in Chengdu Shuangliu District, Pidu District, and Sichuan Zigong City. Teway is the director unit of China Condiment Industrial Association, the national key leading enterprise of agricultural industrialization, and also one of the drafting units of the national standard of hot pot seasoning.The company has three major brands: DaHongPao, HaoRenJia, and Tianche. Its marketing network covers 31 provinces, cities, and autonomous regions in China, and exports to the United States, United Kingdom, Canada, Australia, and other countries.In 2021, two digitalized smart factories were invested and constructed by the company in Pidu and Shuangliu District. They will be put into production one after another, introducing advanced domestic and foreign automated production, warehousing, and other types of equipment. By building information systems such as ERP, MES, SCADA, and WMS and controlling the entire life cycle of products, the company's degree of automation and digital intelligence have reached a leading level in the industry.The company will uphold conscience and ingenuity, rigorously persist in using high-quality raw materials, adhere to the product concept of Teway products must be high-quality products. Based on the existing brands, channels, and technology advantages, the company will expand production capacity by further integrating upstream and downstream resources, increasing R&D investment, and actively developing new formula and products. Through continuous brand building, the strengthening of distribution channel management, as well as marketing network improvement, the company's core competitiveness will be further enhanced with the unwavering leading position in the industry to become the world's leading delicacy solution service provider.