Is Want Want Group a state-owned enterprise or a foreign enterprise?
Want Want Group is not a state-owned enterprise or a foreign enterprise. Want Want Group is not a state-owned enterprise. Want Want Group is controlled by private investors, and its ownership and management rights belong to private investors. Want Want Group is not a foreign company. Although it has business in overseas markets, its ownership and management rights still belong to China investors. Want Want Group was founded in 1962, formerly known as Yilan Food Industry Co., Ltd. After many years, it has spread all over 63 countries and regions in Asia, Africa, North America, Central and South America, Oceania and Europe. Wangwang brand was founded in 1983, and went to the mainland to invest and set up factories in the early 1990s. In 2008, China Want Want Holdings Limited was listed on the main board of The Stock Exchange of Hong Kong Limited.