About HUNGFOOKTONG Company

Hongfutang Group is the largest retailer of Chinese herbal drinks, soups and herbal jelly in Hong Kong, China1. It produces and sells a variety of herbal and non-herbal products under the reputable and award-winning “Hongfutang” brand. Since opening in 1986, the group has transformed from a traditional herbal tea shop to a food company with a modern health concept. The products are diversified, covering herbal drinks and other non-herbal drinks, Chinese soups, herbal jelly and other foods. With creativity and production technology, Hongfu Tang continues to introduce new products that are popular with the public to cater to the different tastes of consumers. Its diverse product portfolio is promoted through two major channels: retail and wholesale. On the retail side, the Group has an extensive retail network, operating approximately 110 and more than 20 self-operated retail stores in Hong Kong, China and mainland China respectively; the Group's wholesalers mainly sell fresh drinks to third party retailers (such as supermarkets, convenience stores and/or grocery stores) and distributors in Hong Kong, Mainland China and overseas. The Group has set up its own plants in Hong Kong and mainland China to produce its own products. Convinced of the benefits of a healthy diet and natural ingredients, the Group adheres to the purpose of “made with sincerity, natural release”, adopts a “additive-free” production process, and cooperates with strict quality control measures. To seize China's huge consumer market and growth potential, the Group plans to continue to expand its distribution network in China to more effectively increase the penetration rate of this market. Seeing that the Chinese business has strong growth potential, the Group believes it will be an important source of revenue and profit for the Group.