On August 8, 2024, Charoen Pokphand Group (C.P.) and COFCO (China Oil and Foodstuffs Corporation), China’s state-owned leader in agriculture and food industries, signed a strategic cooperation agreement at C.P. Center, the headquarters of Charoen Pokphand Group in Beijing, China. The signing ceremony was witnessed by Senior Chairman Dhanin Chearavanont, Chairman Soopakij Chearavanont, Mr. Lyu Jun, Secretary of the Party Committee and Chairman of COFCO, and Mr. Luan Richeng, Deputy Secretary of the Party Committee and General Manager of COFCO. The agreement was signed by Mr. Yang Xiaoping, Senior Vice President of Charoen Pokphand Group and CEO of C.P.'s China operations, and Mr. Xu Guanghong, a member of the Party Committee and Deputy General Manager of COFCO. The event was attended by senior executives from Charoen Pokphand Group, both from Thailand and China, including Mr. Thiti Lujintanon, Chairman of the Executive Committee, Feed Ingredients Trading Business Group (FIT); Mr. Xie Yi, Senior Vice President of Charoen Pokphand Group in China and General Manager and CEO of Zhengda Investment Co., Ltd.; Madam Hong Po, Executive Vice President of C.P. Group; Mr. Feng Hao, Senior Vice President of Agriculture and Livestock; Mr. Paisan Yangsombun, CFO of C.P. Group China; and Mr. Lang Haixu, Vice President of the Agricultural Industrial Business Unit in China.

Here's the translation:

In this regard, both parties exchanged views and engaged in friendly discussions. Senior Chairman Dhanin Chearavanont emphasized the importance of this cooperation agreement, noting that C.P. Group's feed business in China has been continuously growing since its initial investment in Shenzhen in 1979. Over the past 45 years, the feed business has had a substantial demand for raw materials and is a critical industry located at the beginning of the agricultural and livestock supply chain, directly impacting food safety for consumers.

As for COFCO, it is a leader in China's grain and agricultural industries and an international grain trader with global operations. Senior Chairman Dhanin expressed his hope that the two organizations could leverage their respective strengths and share resources to jointly promote global food safety and improve the quality of life for people.

Mr. Luan Richeng, Deputy Secretary of the Party Committee and General Manager of COFCO, expressed his gratitude to Charoen Pokphand Group for their continued trust and support. He mentioned that COFCO has grown from a grain and oil import-export company into an international organization that covers agricultural product trade, logistics, processing, food production, and sales.

The signing of this agreement lays a solid foundation for cooperation in key areas such as the industrial chain and supply chain, enhancing the competitiveness of both organizations and meeting the growing demand for a better quality of life in the future.

source : https://mp.weixin.qq.com/s/_zaXerP5z4B6eEs6bnDiew