Dali Foods Group is a baked goods company in China. Its headquarters are in Hui'an County , Quanzhou, Fujian, China.
6-586: Dali Foods is known for its low-cost snacks which are sold by more than 6,500 distributors across the country. Their best known brands are its Copico potato chips ( 可比克 ; Kěbǐkè ), Heqizheng herbal tea and Haochidian soda crackers. The company was founded by Xu Shisui in 1989 in Quanzhou . In 2004 it began construction of a biscuit processing plant in Changchun , Jilin Province. The total budget for construction of
12-551: A deputy to the National People's Congress since 2008. In 2013, he served as a deputy to the National People's Congress. In 2015, Dali Foods Group was listed on Hong Kong Stock Exchange . In 2016, he was ranked 20th in Forbes's China Rich List with a fortune of $ 6.3 billion. In 2019, he and his family had a fortune of $ 9.3 billion. In 2020, Forbes estimated his net worth at US$ 8.8 billion. In July 2023, he announced
18-466: A food and drink company. As of November 2023, he and his family was worth $ 7.9 billion. Xu Shihui was born in Hui'an , Fujian province. His father was a laborer. He got a job at Dali, cookie business in Quanzhou , when it was a collective and amassed shares by proving that he was a leader. This business would later become Fujian Dali Foods Group . He serves as group's chairman since 1992. He has served as
24-484: Is a stub . You can help Misplaced Pages by expanding it . This Chinese corporation or company article is a stub . You can help Misplaced Pages by expanding it . Xu Shihui Xu Shihui ( Chinese : 許世輝 ; Pe̍h-ōe-jī : Khó͘ Sè-hui ; born 1958) is a Chinese businessman, politician and a representative of the Fujian region at the 12th National People's Congress . He is the founder and chairman of Dali Foods Group ,
30-448: The 2022, the company launched a new soy milk brand called Plant Organic to improve its market positioning. In June 2023, its chairman Xu Shisui announced his privatization plan for the company. In August 2023, shareholders approved the privatization of the $ 6.5 billion company. Xu offered to take the company private at HK$ 3.75 a share, which was a 38% premium. This food and/or confectionery corporation or company-related article
36-473: The factory was 19 million euros, with the first phase of the project accounting for 11 million euros and the second phase, consisting of eight production lines, accounting for the remainder. In 2015, the company raised $ 1.15 billion from a public float in its initial public offering on the Hong Kong Stock Exchange . It was the largest offering by any Chinese privately owned enterprise in 2015. In
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