Tiandi No.1 Beverage

Tiandi No.1 Beverage
public
Traded as NEEQ: 832898
Industry beverage
Founder Chen Sheng
Headquarters China
Area served
 mainland China, Hong Kong
Key people
  • Chen Sheng (Chairman & CEO)
  • Zhang Luan (Vice-Chairman)
  • Yan Bin (Executive President)
  • Wang Guang (Director)
Products apple vinegar
Brands Tiandi No.1
Revenue Increase CN¥1.574 billion (2015)
Increase CN¥514.816 million (2015)
Increase CN¥441.590 million (2015)
Total assets Increase CN¥2.538 billion (2015)
Total equity Increase CN¥1.365 billion (2015)
Owner
  • Chen Sheng (80.18%)
  • Wang Guang (4.99%)
  • Zhang Luan (4.98%)
  • others (9.85%)
Website www.tdyh.com.cn Edit this on Wikidata
Footnotes / references
in a consolidated basis, in Chinese accounting standards[1]
Tiandi No.1 Beverage Inc.
Simplified Chinese 天地壹号饮料股份有限公司
Traditional Chinese 天地壹號飲料股份有限公司

Tiandi No.1 Beverage Inc. is a Chinese non-alcoholic beverage company. The company produces apple vinegar. The shares of the company was traded in the Chinese over-the-counter National Equities Exchange and Quotations since 2015, although Chen Sheng (Chinese: 陈生) and his brother Wang Guang (Chinese: 王广), owned a combined 85.17% shares of the company as at 31 December 2015. Moreover, the top 10 shareholders owned a combined 97.08% shares, including directors Zhang Luan (Chinese: 张銮, ranked 3rd for 4.98%) and Yan Bin (Chinese: 闫斌, ranked 6th for 1.00%).

Sister company Guangdong Tiandi Food Group, was the parent company of a football club based in Zhanjiang. The sister company named the club "Zhanjiang Tiandi No.1 F.C.".[2] Chen also owned Guangdong No.1 Food Co., Ltd.,[3] which sold "No.1 Native Pig" (Chinese: 壹号土猪) and "No.1 Native Chicken" (Chinese: 壹号土鸡).[4] Chen was ranked joint-357th in 2012 Forbes China Rich List.[5]

Tiandi No.1 Beverage owned 18.06% shares of Haisheng Juice (SEHK: 359).[6]

Controversy

Guangdong "Time Weekly" reported that the company stored their ingredients improperly, as well as addictive was added to produce their vinegar, concerning the actual quality of their drinks .[7]

References

  1. ↑ "2015 Annual Report" (PDF). Tiandi No.1 Beverage (in Chinese). National Equities Exchange and Quotations. 21 March 2016. Retrieved 7 January 2016.
  2. ↑ "History" (in Chinese). Guangdong Tiandi Food Group. Archived from the original on July 23, 2008.
  3. ↑ "Vinegar maker to raise $98m for M&As". China Daily. 30 October 2015. Retrieved 7 January 2017.
  4. ↑ "About us" (in Chinese). Guangdong No.1 Food Co., Ltd. Retrieved 7 January 2017.
  5. ↑ "2012 Forbes China Rich List 400 (Full List)". Forbes. 11 October 2012. Retrieved 7 January 2017.
  6. ↑ "2015 Annual Report" (PDF). Haisheng Juice. Hong Kong Stock Exchange. 19 August 2016. Retrieved 7 January 2017.
  7. ↑ "天地壹号"苹果醋饮料"质量真相：违规储藏隔年苹果汁存严重质量隐患 涉嫌"三精一水"勾兑苹果醋". The Weekly (in Chinese). 7 August 2013. Retrieved 7 January 2017.


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