Tianjin Julong Group, headquartered in Tianjin Binhai New Area, owns several subsidiary companies respectively in Tianjin City along the Bohai Sea coast, Jingjiang City of Jiangsu Province at the lower reach of the Yangtze River, and the Republic of Indonesia, which include Tianjin Longwit Oils and Grains Industrial Co., Ltd., and Tianjin Julong Oils and Grains Co.Ltd., Jingjiang Longwit Oils and Grains Industrial Co., Ltd., Jingjiang Longwit Oils and Grains Port Co., Ltd., as well as PT.GRAHA INTI JAYA in Indonesia. Julong Group’s core business focuses on the palm oil production and marketing. The company has formed a whole palm oil industrial chain consisting of oil-crop plantation, edible oil processing, port logistics, oils and grains trade, oil and fat product R&D, brand packaged-oil promotion and oils and grains industry financial services. Julong Group is one of the earliest palm oil enterprises with the largest scale and the widest influence in China.
Julong Group occupies the largest market share of nationwide palm oil trade as a domestic enterprise in China. In 2010, Julong has already occupied 16% palm-oil market share, with annual oils & fats trade volume exceeding 1 million tons and sales income over RMB 10 billion. Meanwhile, it has constructed a comprehensive oil processing base with the highest capacity in China. Annually, the factories of Julong Group can fractionate 1.35 million tons of palm oil and refine 700,000 tons of oils & fats, and the total storage capacity of various oils & fats there amounts to 22,000 tons. In Jingjiang City of Jiangsu Province, it owns the largest comprehensive palm oil processing base in east China, which consists of a logistics base with 3 river trade terminals with total throughput capacity of 140,000 tons, and a super large oil processing factory which can produce 600,000 tons of refined oils & fats and 1 million tons of fractionated palm oil, and store 210,000 tons of oils & fats. While increasingly expanding the capacity, Julong adapting to the market requirement, reinforced its momentum in technical innovations and product Research & Development, and its production capability of palm oil with super low melting point has reached the international advanced level. On that basis, in May, 2007, Julong launched the first consumer-packaged palm oil in domestic market, Holiday-1st Fresh Extract, which filled the gap in consumer-packaged edible oil in China. Since then, the palm oil from Southeast Asia has been sent to thousands of households in China.
In 2006, in order to improve the international competitiveness of palm oil enterprise group of China, Julong Group strided southward to Indonesia and constructed the first Chinese overseas palm oil plantation. Currently, there are two palm plantations with a total area of 24,000 hectares. In early 2011, Julong completed the construction of the first Chinese overseas palm oil crushing plant, which signified Julong’s complete entrance into the world’s largest edible oil industry, palm oil industry. This move by Julong Group has made an outstanding contribution to the practice of “Going Out” strategy. And the leaders of Julong Group have been graciously received and fully confirmed by Chairman of Committee Wu Bangguo, Premier Wen Jiabao and Vice Premier Li Keqiang.
Overlooking the vision of future, Julong Group, taking “Prosper the industry and serve the people, Guarantee people’s livelihood” as its objective, will speed up its globalization development and increase its input in palm plant industry of Southeast Asia. Making use of land and environmental resources of Indonesia and Malaysia, Julong Group will further exert great efforts into palm plantations development, the largest-scale woody plant vegoil resource, and develop palm plantations with a total area of over 500,000 hectares so that its internationalization and global competitiveness would be upgraded.
Julong Group will always uphold its corporate vision, “Building an Outstanding Enterprise in the Grains & Oils Industry of China”, march fearlessly onward and make contribution to ensuring cooking oil supplies of China.