About HUNGFOOKTONG Company

Hongfu Tang 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 “Hung Fu Tang” brand. Since opening in 1986, the Group has transformed from a traditional herbal tea shop to a catering enterprise 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. In terms of retail, the Group has a large retail network, operating about 110 and more than 20 self-operated retail stores in Hong Kong, China and mainland China respectively; the Group's wholesale mainly sells 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 factories in Hong Kong and mainland China to produce its own products. Convinced of the benefits of healthy eating and natural ingredients, the Group adheres to the tenet of “genuine manufacturing, natural flow”, adopts “additive-free” production processes, and cooperates with strict quality control measures. In order to seize China's huge consumer market and growth potential, the Group plans to continue to work hard to expand its distribution network in China to more effectively increase the market penetration rate. Seeing that the Chinese business has strong potential for growth, the Group believes it will become an important source of revenue and profit contribution for the Group.