Leaders of Japan's Mitsui & Co., Ltd. Visited Shanghai Park of Huabao Flavours & Fragrances
2019/08/16
On the afternoon of August 15th, Mr. Takada Capping, Executive Director of Mitsui & Co., Ltd. and Minister of the Nutrition and Agriculture, with 8-person delegation visited the Shanghai Park of Huabao Flavours & Fragrances Co., Ltd., and Ms. YUAN Xiaoqin, Director and President of Huabao Flavours & Fragrances Co., Ltd. (the “Company”), and other company leaders attended the meeting.
First of all, President YUAN Xiaoqin warmly welcomed the guests from afar on behalf of the Company in her speech and introduced the basic situation of the current cooperation between the Company and Mitsui to the Japanese side, and looked forward to broader and further cooperation. Minister Takada Kangping thanked Huabao Flavours & Fragrances and Ms. YUAN for their warm reception and introduced the latest developments of Mitsui products in his subsequent speech.
In the following communication, Mr. Nishimura Soichi, General Manager of Mitsui & Co., Ltd. (Shanghai), introduced the business development of Mitsui & Co., Ltd. in China; Mr. WANG Dehua, Chief Financial Officer of Huabao Flavours & Fragrances, introduced the development of Huabao Flavours & Fragrances and its parent company. Mr. ZHENG Zhigang, General Manager of Better World Naturals, a subsidiary of Huabao Flavours & Fragrances, introduced the details of the cooperation project with Mitsui. The meeting was held with frequent interaction, harmonious atmosphere, and continuous applause. Both two sides looked forward to establishing long-term and comprehensive cooperation in the future, and have full confidence in and expectation for the future development and mutual benefits.
At the end of the meeting, President YUAN Xiaoqin and our participants accompanied Minister Takata of Mitsui and his delegation to visit the Company and introduced the work and efforts of the Company in the process of the transformation and upgrading. Minister Takada said that he was very much looking forward to seeing a brand-new Huabao full of pioneering spirit.
Mitsui & Co., Ltd. is an outstanding company with a long history, which is one of the largest integrated trading companies in Japan and a leading company featured on the list of Fortune Global 500. It has rich global resources in many fields such as metal resources, steel, infrastructure, energy, food, etc. with great international influence. Mitsui & Co., Ltd. is also a foreign-invested company that entered the Chinese market earlier and has achieved good results in business development in China over the years. Huabao Flavours & Fragrances has always been committed to “Flavoring Your Life” and a leading company in the Chinese fragrance industry. According to the certificate issued by the China Association of Fragrance Flavour and Cosmetic Industries, the Company's annual sales ranked first in the industry from 2014 to 2018. Flavours & Fragrances has been deeply involved in the Chinese market for 23 years and has a deep understanding of the Chinese consumer market. The cooperation between Huabao and Mitsui will give full play to their advantages in their respective fields and will vigorously promote mutual benefit and common development of both sides. Flavours & Fragrances is actively responding to the national strategy of the “Belt and Road” and has launched a series of business activities. This also draws a better blueprint for the Company's sustainable, in-depth and broad cooperation with Mitsui in the future.