Chairman Wang Zongnan meets with Yildiz Holding delegation

On the morning of July 22, Chairman Wang Zongnan met with Mr. Jim Zaza, Executive Vice Chairman of Turkey-based Yildiz Holding, and his entourage accompanied by some relevant staff from HSBC at the headquarters of Bright Food Group.

Before introducing Bright Food Group to the visiting delegation, Chairman Wang extended his welcome to the guests.

After gaining a general understanding of the Bright Food Group from Wang’s introduction, Zaza said that the two companies had much in common in various fields. According to Zaza, Yildiz Holding, founded as a biscuit producer in 1944, is now the largest fast moving consumer goods (except tobacco) supplier in Turkey with business expanding to food and beverage, retail, personal care products, packaging and real estate, and spreading to agriculture industry recently. He stressed that, to push forward internationalization, a key strategy of Yildiz Holding, the company acquired a leading candy producer - Godiva in 2008 and had ever since assisted it exploring the international market. Such strategy, he added, doubled Godiva’s sales within five years, elevating Godiva to the top 11 largest candy suppliers in the world.


Wang expressed his thanks to Zaza for his introduction, and said the two companies had many similarities in business, internationalization strategy and corporate values. Thus, Bright Food Group would like to establish a cooperative relationship with Yildiz Holding with an open mind.

CFO Cao Xiaofeng, General Manager of the Financial Department Li Lin and other leaders of Bright Food Group attended the meeting.