Tongwei Co Ltd is a diverse and dynamic company with a focus on agricultural science and technology. It specializes in the production and distribution of feedstuffs and is also engaged in food processing, cultivation, and the manufacturing of animal drugs. The company plays a significant role in the fields of new energy and green agriculture.
Core Business Areas
Aquaculture and Feed Production
Tongwei is a global leader in the production of aquatic feeds, livestock feeds, and poultry feeds. Their commitment to sustainable practices is evident in their green agriculture initiatives.
New Energy
The company is a vertically integrated photovoltaic (PV) enterprise. This includes the production of high-purity crystalline silicon and high-efficiency solar cells, as well as the construction and operation of PV power stations.
Services and Clientele
Tongwei offers a range of services, including real estate, property management, and media services. Its primary clients are in the fishery, feed, green aquaculture, and food processing industries.
Financial Highlights
- Revenue (2022): $21.2 Billion, a significant increase of 119.7% from 2021.
- Net Income (2022): Showed a substantial growth of 217.3% from the previous year.
- Net Profit Margin (2022): Improved by 44.4% compared to 2021.
- Market Capitalization: $14.9 Billion.
Global Presence
The company’s products are distributed in both domestic and international markets, with headquarters in Chengdu, Sichuan, China.
Corporate Governance and Sustainability
Tongwei Co Ltd is part of the UN Global Compact, reflecting its commitment to sustainable business practices and corporate responsibility. The company’s participation in this initiative since July 2021 highlights its dedication to environmental and social governance.
Future Plans and Agreements
In recent years, Tongwei has signed significant contracts and agreements to expand its business operations and collaborations, further solidifying its position in the industry.
For more detailed information about Tongwei Co Ltd, you can visit their official website here.