Yihai Kerry

What Yihai Kerry does

Yihai Kerry (益海嘉里金龙鱼食品集团股份有限公司) is a Shanghai-headquartered, China-focused food conglomerate that operates as the principal domestic subsidiary of Singapore-listed Wilmar International, the world's largest palm oil refiner and trader. The company runs an integrated agricultural commodity processing platform spanning oilseed crushing, edible oil refining, rice milling and storage, wheat and corn deep processing, condiment manufacturing, peanut and sesame oil production, specialty fats and oils, food-industry ingredients, feed raw materials, and a fast-growing central-kitchen (Fengchu) business serving institutional meals. Its portfolio of consumer brands is anchored by Jinlongyu (Arawana), China's leading edible oil brand, with supporting brands including Xiangmanyuan, Yuanbao, Haihuang, Wanzhuang, and Liangfen covering flour, noodles, condiments, and rice products.

The company's technology stack combines conventional agricultural processing with proprietary sustainability and quality innovations, notably the Rice Circular Economy Model deployed across 29 ecological planting bases in Wuchang, Jiamusi, and Jilin, and Green Precision Minimal Processing aimed at preserving nutritional value while reducing processing intensity. Yihai Kerry monetizes primarily through one-time sales of packaged consumer goods (oils, rice, flour, condiments) plus B2B ingredient supply to food manufacturers, food-service operators, and feed/livestock customers. It operates 30+ packaged-oil production bases, 8 condiment bases, 6 peanut oil crushing factories, and 15 filling factories across China, supported by an internal packaging subsidiary (Huizhou ERTK) and a dedicated logistics division. The company went public on the Shenzhen Stock Exchange ChiNext under ticker 300999 on October 15, 2020, and has continued to expand its product surface in 2025–2026 with the launch of the Oils Technology division and the Da Jian Kang (Great Health) functional foods line.

Name

Yihai Kerry

Legal name

益海嘉里金龙鱼食品集团股份有限公司 (Yihai Kerry Oils & Grains Foods Group Co., Ltd.)

Website

https://yihaikerry.net.cn

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Packaged Foods

NAICS

Food Manufacturing (311), Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing (311941), Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114), Other Food Manufacturing (3119)

SIC

Food And Kindred Products (2000), Miscellaneous Food Preparations & Kindred Products (2090), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030)

akta.pro primary industry

International & Ethnic Packaged Foods (CRADAAAG)

akta.pro secondary industries

Soy Sauce, Tamari & Asian Condiments Manufacturing (AFAKADAF), Ethnic & international prepared meals manufacturing (AFAKAHAG), Starches, Flours & Milling Products Trading/Wholesale (AFAIAKAH)

Keywords

• Edible oil processing
• Rice and flour milling
• Condiment manufacturing
• Central kitchen solutions
• Packaged food products

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Offices23 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D

Revenue model

1. Packaged Oils: Packaged edible oils including palm oil, soybean oil, and other cooking oils. The packaging oil business division coordinates with all departments for full industry chain control from R&D, procurement, production, quality control, warehousing, logistics, and supply chain. 30 production bases established across China.
2. Rice Products: Rice processing and sales through the Rice Division established in 2006. Products include packaged rice and rice-based offerings. The division manages ecological planting bases and rice processing operations.
3. Flour and Wheat Products: Flour Division established in 2009 manages wheat processing and wheat product marketing. Products include packaged flour, noodles, industrial flour, baking flour, and wheat processing by-products.
4. Condiments: Condiments Division manages condiment R&D, production and marketing. Production bases established in Taizhou, Qinhuangdao, Jinzhong, Shanghai, Qingdao, Wuhan, Chengdu, and Tianjin. Products include soy sauce, vinegar, sesame oil, pepper oil, and sesame paste.
5. Food Industrial Ingredients: Specialty oils for food industry customers, industrial chocolate, flour, syrup, starch, vegetable protein, vitamin E, lecithin, food-grade glycerin, monoglyceride, rice bran powder, edible alcohol, and premixed flour.
6. Feed Raw Materials: Supply of feed raw materials to domestic feed and breeding customers. Established nationwide sales network and become one of the main feed raw material suppliers in China.
7. Oil and Fat Technology: Oil derivatives and biofuel business management, product sales, and market development.
8. Large Health Products: Great Health division launched in 2026 focusing on functional foods and health products.
9. Peanut and Sesame Products: Peanut and sesame oil, peanut and sesame food products (sauces, processed products). Business unit established in October 2019 managing R&D, production, and sales.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Manufactures and sells branded packaged food products in China, including edible oils, rice, flour, condiments (soy sauce and vinegar), and central kitchen meal solutions for foodservice operators. Operates an integrated value chain spanning raw material procurement, oilseed crushing, rice and wheat milling, refining, and finished branded consumer food products, with Arawana (金龙鱼) as the lead brand.

Product overview

Yihai Kerry (益海嘉里金龙鱼食品集团股份有限公司) is a comprehensive food conglomerate and one of China's largest agricultural product processing companies. The company operates a multi-category portfolio spanning packaged oils, rice, flour, seasonings, health foods, central kitchen products, feed ingredients, and specialty fats and oils technology. The product architecture centers on the flagship 金龙鱼 (Jinlongyu) consumer brand as the primary retail label, supplemented by sub-brands including 香满园, 元宝, 蓝匙, 海皇, 紫兰花, 双圈, 丰苑, 丸庄, and 梁汾. The company maintains a fully integrated supply chain through dedicated divisions for logistics, packaging, consumer channels, and food service channels, with 30+ production bases across China. Recent expansion includes the 大健康 (Great Health) division launched in January 2026 for functional foods and the 丰厨 (Fengchu) central kitchen brand for institutional and commercial meals. The group also operates B2B food industry products for industrial customers, feed ingredients for agriculture, and油脂科技 for derivative and biofuel products. The company went public on the Shenzhen Stock Exchange (SSE: 300999) on October 15, 2020, and is a subsidiary of Wilmar International, the world's largest palm oil refiner and trader.

Differentiator

Problem solved

Functional benefit

Brands

• 金龙鱼 (Jin Long Yu / Arawana): Flagship brand covering packaged oils, rice, flour, condiments, and wide range of consumer food products.
• 丰厨 (Feng Chu)
• 香满园 (Xiang Man Yuan)
• 丸庄 (Wan Zhuang)
• 梁汾 (Liang Fen)
• 元宝 (Yuan Bao)
• 蓝匙 (Lan Chi)
• 海皇 (Hai Huang)
• 紫兰花 (Zi Lan Hua)
• 双圈 (Shuang Quan)
• 丰苑 (Feng Yuan)
• 6步鲜 (6-Step Fresh)
• 金龙鱼营养健康体验馆 (Jinlongyu Nutrition and Health Experience Center)

Products and services

• Arawana (金龙鱼) Edible Oils
• Packaged Rice
• Flour and Wheat Products
• Condiments (Soy Sauce, Vinegar)
• Central Kitchen Meal Solutions

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered flagship, core and minor.

• Chinese Olympic CommitteeflagshipStrategic or Co-development Partner · 25 May 2026Jinlongyu (Yihai Kerry brand) officially partnered with the Chinese Olympic Committee as official edible oil products provider for 2026-2029 and 2028 Los Angeles Olympics Chinese Sports Delegation.
• Malaysian Palm Oil IndustrycoreStrategic or Co-development Partner · 15 May 2026Malaysia is seeking strategic cooperation with Chinese industry players including Yihai Kerry to enhance palm oil value chain cooperation, focusing on downstream development, innovation, and sustainability. Over RM230 million in trade deals were secured during engagements with Chinese industry players.
• Variety Show '种地吧' (Grow Together)minorGTM or Marketing Partner · 11 May 2026Jinlongyu 6-Step Fresh rice partnered with '种地吧' Season 4 program featuring celebrity Li Hao and Olympic champion Xing Aowei at Wuchang ecological base spring planting ceremony.
• RSPO (Roundtable on Sustainable Palm Oil)coreStrategic or Co-development PartnerWilmar International (parent company) participates in RSPO certification, with EU-oriented value chains showing higher adoption of private sustainability standards like RSPO compared to China-oriented chains.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Shandong Luhua Group: Leading Chinese peanut oil specialist with strong consumer brand equity. Directly competes with Yihai Kerry's peanut oil and broader edible oil portfolio in Chinese households.
• Wilmar International: Controlling parent of Yihai Kerry and the world's largest palm oil refiner and trader. Operates overlapping edible oils, grains and food ingredient businesses globally; Yihai Kerry is effectively Wilmar's China consumer arm.
• Standard Foods (统一企业中国): Major packaged food and beverage company in Greater China with noodles, sauces, and packaged food products. Competes with Yihai Kerry in condiments, noodles, and pantry staples.
• COFCO Group: China's largest state-owned food and agribusiness conglomerate. Competes directly with Yihai Kerry across packaged oils, grains, flour and condiments in the Chinese consumer market.

Broad incumbents

• Cargill: Largest privately held global agribusiness with deep presence in oilseeds, grains, and food ingredients. Operates comparable supply chains and food ingredient product lines to Yihai Kerry.
• Bunge Limited: Global agribusiness major in oilseed processing and edible oils, including a specialty oils business. Highly comparable to Yihai Kerry's oilseed crushing and food ingredient operations at a global scale.
• Archer Daniels Midland (ADM): Global agribusiness and food ingredient processor spanning oilseeds, corn, and specialty ingredients. Comparable to Yihai Kerry across grain processing, oilseed crushing, and food industry B2B ingredients.

Emerging players

• AAK: Specialty oils and fats company with leading position in infant formula and dairy ingredients alongside Wilmar/Yihai Kerry. Competes with Yihai Kerry's food industry channel in specialty and nutritional oils.

Regional players

• IOI Corporation: Malaysia-based integrated palm oil player with refining, trading and downstream specialty fats. Comparable to Yihai Kerry's upstream oil processing and downstream specialty oils operations in the regional palm oil value chain.
• Sime Darby Plantation: Major Malaysia-listed palm oil producer and refiner. Comparable upstream palm oil exposure to Yihai Kerry / Wilmar and serves overlapping downstream edible oils customers in Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yihai Kerry