Yihai Kerry Arawana Holdings Co, Ltd Announces Establishment of Subsidiaries
August 23, 2019 at 07:20 am EDT
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Wilmar International Limited announced the establishment of subsidiaries. Yihai Kerry (Kaiyuan) Oils, Grains & Food Industries Co. Ltd. (YK Kaiyuan) is a direct wholly- owned subsidiary of Yihai Kerry Arawana Holdings Co. Ltd. (YKA), which is in turn, an indirect 99.99% owned subsidiary of Wilmar. YK Kaiyuan has a registered capital of RMB 160,000,000. YK Kaiyuan will engage in processing of soybean powder and corn germ crushing. Kunshan Wusongjiang Grains Industries Development Co. Ltd. (Kunshan Wusongjiang) is a direct 33% owned associated company of Yihai Kerry (Kunshan) Foodstuffs Industries Co., Ltd, which is in turn, an 80% owned subsidiary of YKA. The remaining 67% of the registered capital of Kunshan Wusongjiang is held by Jiangsu Grain Group Kunshan Grain Purchase and Storage Co. Ltd. (33%) and Kunshan Grains & Oils Purchase and Marketing Co. Ltd. (34%), parties not related to Wilmar. Kunshan Wusongjiang has a registered capital of RMB 10,000,000. Kunshan Wusongjiang will engage in trading of oils and grains and provision of logistic services. Yihai Kaijiangyuan Trading (Shenzhen) Co. Ltd. (YH Kaijiangyuan) is a direct 10% owned associated company of YKA. The remaining 90% of the registered capital of YH Kaijiangyuan is held by Shenzhen Kajiangyuan Trading Co., Ltd, a party not related to Wilmar. YH Kaijiangyuan has a registered capital of RMB 10,000,000. YH Kaijiangyuan will engage in trading of daily necessities. WI Kitchen (Shanghai) Food Technology Co. Ltd. (WI Kitchen) is a direct wholly-owned subsidiary of WI Kitchen (Tianjin) Investment Co., Ltd, which is in turn, an indirect wholly-owned subsidiary of YKA. WI Kitchen has a registered capital of RMB 12,000,000. WI Kitchen will provide e-commerce technology and services to the YKA Group's businesses.
Yihai Kerry Arawana Holdings Co., Ltd. specializes in the manufacture and marketing of food products, oils and food ingredients. The group offers edible and industrial animal and vegetable oils, edible fats, cereal products (rice, wheat, corn, soybeans, etc.), flour, noodles, animal feed, food additives, canned foods, etc.