Under the approval of the Stateowned Assets Supervision and Administration Commission of Anhui Province, AHCOF Holdings Co., Ltd (hereinafter referred to as AHCOF Holdings) was jointly established by Anhui Cereals Oils & Foodstuffs I/E (Group) Corp. (hereinafter referred to as AHCOF Group), Anhui Sealand Investment & Development Co., Ltd, Trade Union Committee of AHCOF Group and Hefei Construction Engineering Group Co., Ltd on August 10th, 2010 with a registered capital of CNY750 million and corporate representative as Chen Yanhua. It locates in Sunon plaza, No.389-399, Jinzhai Road, Hefei Anhui, China.
AHCOF Holdings’ tenet and mission: to go with the tide of economic globalization, to pursue the core values of “Honesty, Pragmaticism, Harmony, Innovation”, to maximize the rights and interests of shareholders and corporate value, to Maintain continuous, healthy, all-round development, to make rich profit in return for shareholders, to build a first-rate, modern enterprise with strong capability and leading comprehensive strength in local and surrounding areas.
According to the modern enterprise system and enterprise management philosophy, AHCOF Holdings consists of strategy & operation department, administration department, finance department, international settlement department, audit and supervision department, overseas department, trade department, and electronic commerce department, etc. Through integration and restructuring of core business of international trade, industrial construction, real estate development, financial investment, construction engineering contracting, AHCOF Holdings wholly owned AHCOF International Development Co., Ltd, AHCOF Industrial Development Co., Ltd, AHCOF Xingye Co., Ltd., AHCOF Real Estate Co., Ltd, Hefei Construction Engineering Group Co., Ltd; AHCOF Holdings also holds the main stock of Anhui Aidi Agricultural Technology Co., Ltd and AHCOF Microfinance Co., Ltd..
AHCOF Holdings’ primary business covers import and export of commodities and technology, seed cultivation and trade, agricultural product planting, breeding, processing, storing, grain purchasing, base construction, capital management, equity investment, venture capital, surety, pawn, microfinance; exploitation of real estate, property operation and management, building contracting, etc. In 2014, AHCOF Holdings’ total property amount reached CNY18 billion with sale volume of CNY15.75 billion and international trade volume of USD116 million.
The main business of the subsidiaries of AHCOF Holdings is as following:
AHCOF International Development Co., Ltd deals mainly in import and export with total volume reaching USD500 million in 2013.
AHCOF Industrial Development Co., Ltd specializes in production, processing, storing, trading of cereals, oils and foodstuffs, of which peanuts & sesame seeds export volume is amount among the best of the same trade in China.
AHCOF Xingye Co., Ltd dedicates all efforts to finance investment, including, but not limited to securities, futures, pawn and surety.
AHCOF Real Estate Co., Ltd devotes itself to exploitation of real estate, Sunon plaza, AHCOF international business centre, Anhui Baima garments shopping mall, AHCOF Shuangjing garden, AHCOF Dongyi financial square and AHCOF city square are representative projects, with about 3 million square meters under construction till now, the company enjoys a good reputation in Anhui province.
Hefei Construction Engineering Group Co. Ltd., one of top 500 building enterprises in China and top 50 building enterprises in Anhui province, has achieved annual volume more than CNY5 billion in real estate construction.
Through steadily promoting the sustainable development strategy and enhancing the core competitiveness, AHCOF Holdings is committed to be a large enterprise group with leading comprehensive strength in local and surrounding areas in the coming 3-5 years.