What Grand Industrial does

Grand Industrial Holding Co., Ltd. (远大产业控股股份有限公司, SZSE: 000626) is a publicly listed Chinese diversified industrial holding company founded in June 1994 and headquartered in Lianyungang, Jiangsu Province. The company operates through three integrated business segments: (1) Commodity Trading, focused on energy chemicals, metals, rubber, and agricultural products for domestic and international markets, serving long-term strategic partnerships with Fortune 500 companies and over 1,000 small and medium-sized domestic manufacturers; (2) Oils & Fats, including palm oil, soybean oil, rapeseed meal, soybean meal, and specialty baking oils (e.g., the Adelle/阿黛尔 brand), with over 400 upstream and downstream customers and a vertically integrated model spanning Malaysian refining (via FIOP), Dongguan storage, and specialty production through Hongxin Food; and (3) Crop Science, built around microbial-source biological pesticides — the market-leading kasugamycin (春雷霉素) bactericide via Maikelo Bio (麦可罗生物) and the exclusive patented Zhongshengmycin (中生菌素) bactericide via Kaili Bio (凯立生物). The company's go-to-market is sales-led through direct enterprise relationships and field sales teams, with the trading model having evolved from single-channel trade to a platform-style integrated service combining industrial chain, warehousing logistics, and price risk management via futures and derivatives hedging. The group employs 1,001-5,000 staff and operates 30+ wholly-owned and controlled subsidiaries across China, Singapore, and Malaysia, and was ranked 226th in the 2024 Fortune China 500.

Name

Grand Industrial

Legal name

远大产业控股股份有限公司

Website

https://grand-holding.cn

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Grand Industrial Holding (SZSE: 000626) is a Chinese diversified industrial company operating three segments: commodity trading (energy chemicals, metals, rubber, agricultural products), oils & fats (palm oil, specialty baking oils), and crop science (microbial-source biological pesticides), serving Fortune 500 partners, 1,000+ SME manufacturers, and 400+ oils customers across China, Singapore, and Malaysia.

Ownership category

akta.pro rank

Product category

Diversified Commodity Trading & Industrial Integration

NAICS

Starch and Vegetable Fats and Oils Manufacturing (31122), Chemical and Allied Products Merchant Wholesalers (4246)

SIC

Food And Kindred Products (2000), Wholesale-Chemicals & Allied Products (5160), Bakery Products (2050)

akta.pro primary industry

Specialty & Tropical Oils Processing (Avocado, Sesame, Peanut, Rice Bran, Grapeseed) (AFAKAEAE)

akta.pro secondary industry

Edible Oils & Fats Trading/Wholesale (AFAIAKAC)

Keywords

• Commodity trading services
• Biological pesticides
• Edible oils processing
• Crop science solutions
• Specialty baking oils

Headquarters

HQ city

Lianyungang

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commodity Trading (大宗商品贸易): The company generates revenue through trading of energy chemicals, metals, rubber, and agricultural products in domestic and international markets. Revenue is derived from price differentials, supply chain services, and logistics. The company serves over 1,000 small and medium-sized domestic manufacturers and partners with Fortune 500 companies and industry leaders. The trading model has evolved from single-channel trade to comprehensive platform-style trading integrating industrial chain, warehousing logistics, price management, and deep production-trade integration.
2. Oils & Fats (油脂业务): Revenue from trading and processing of edible oils including palm oil, soybean oil, rapeseed meal, soybean meal, and specialty baking oils. The company serves over 400 upstream and downstream customers including well-known domestic and international enterprises. Brands such as Adelle (阿黛尔) for specialty oils are well received in the market. The business operates as a full-value-chain model integrating resources, R&D, production, and industrial services.
3. Crop Science — Biological Pesticides (作物科学 — 生物农药): Revenue from biological pesticide products including microbial source bacteriocide (春雷霉素, 中生菌素) sold as technical grade and formulations through subsidiaries 麦可罗生物 and 凯立生物. The company provides integrated solutions combining R&D, production, and sales. Revenue comes from product sales to agricultural distributors and large-scale farming operations.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Grand Industrial operates as a diversified industrial-trading integration enterprise with three core business segments: (1) Commodity Trading — energy chemicals, metals, rubber, and agricultural products supplied through subsidiary Grand Wuchan Group (远大物产集团) to Fortune 500 companies and 1,000+ SME manufacturers; (2) Crop Science — microbial-source biological bactericides Kasugamycin (春雷霉素) and exclusive Zhongshengmycin (中生菌素), developed and produced through subsidiaries Maikelo Bio (麦可罗生物) and Kaili Bio (凯立生物); (3) Oils & Fats — palm oil, soybean oil, rapeseed/soybean meal, and specialty baking oils under the Adele (阿黛尔) brand, with full value-chain integration from Malaysian refining to Chinese distribution via the Dongguan storage facility and Hongxin Food production.

Product overview

Grand Industrial Holding Co., Ltd. operates as a diversified industrial-trading integration enterprise with three main business segments: Trade, Crop Science, and Oils. The company operates a unified product portfolio spanning biopesticides (春雷霉素 and 中生菌素 managed through 远大生物农业 platform, with subsidiaries 麦可罗生物 and 凯立生物), specialty oils (including 阿黛尔 brand and 鸿信食品), and bulk commodity trade (through subsidiary 远大物产集团有限公司). The oils segment has integrated the full industry chain from palm oil refining (FIOP in Malaysia) to specialty oil production (远大油脂东莞). The company recently entered the biological agriculture field, establishing microbial strain resource libraries for biopesticide R&D.

Differentiator

Problem solved

Functional benefit

Brands

• 阿黛尔: Specialty oil brand under the company, widely praised in the market for its specialty fats products.
• 麦可罗生物
• 凯立生物
• 远大生物农业

Products and services

• Kasugamycin Microbial Biological Bactericide (微生物源生物杀菌剂 春雷霉素) Microbial-source biological bactericide for crop disease control achieving environmental protection, no residue, and safe pollution-free outcomes; produced by subsidiary Maikelo Bio (麦可罗生物), which holds National Enterprise Technology Center status and CNAS laboratory certification. Sold as technical grade and formulations to agricultural distributors and large-scale farming operations.
• Zhongshengmycin Biological Bactericide (中生菌素) Exclusive-market biological bacteriocide for crop sterilization and inhibition with patented technologies; achieves environmental protection, no residue, and safe pollution-free outcomes. Produced by subsidiary Kaili Bio (凯立生物), which has developed a series of patented technologies around the Zhongshengmycin product and successfully prepared technical grade and formulation products at different concentrations for market launch. Sold to agricultural distributors and large-scale farming operations.
• Adele (阿黛尔) Specialty Edible Oils Specialty baking fats and edible oils brand produced by subsidiary Hongxin Food (鸿信食品) using the Guangdong Province Diversified Safe and Healthy Baking Specialty Oil Engineering Technology R&D Center. Applies advanced international baking oil technology, flavor combination screening, fermentation technology, and enzymatic hydrolysis technology. Provides end-to-end baking solutions from raw materials to finished baked goods for food manufacturers and bakery enterprises.
• Palm Oil, Soybean Oil, Rapeseed Meal, Soybean Meal (大宗油脂产品) Main oil product lines operated by the company across the oils & fats segment, with over 400 upstream and downstream customers including well-known domestic and international enterprises. Distributed via direct sales and warehouse facilities including the Dalian Commodity Exchange-designated delivery warehouse at Grand Oils Dongguan (远大油脂东莞). Supported by Malaysian palm oil refining assets acquired via FIOP.
• Bulk Commodity Trading Services (大宗商品贸易服务) Commodity trading services for energy chemicals, metals, rubber, and agricultural products in domestic and international markets, operated through wholly-owned subsidiary Grand Wuchan Group (远大物产集团). Provides integrated supply chain services, logistics, warehousing, and futures-and-derivatives hedging. Evolved from single-channel trade to comprehensive platform-style trading integrating industrial chain, warehousing logistics, price management, and deep production-trade integration. Includes cross-border e-commerce-enabled import/export services for SME market expansion.
• Edible Oil Storage & Warehousing Services (油脂仓储服务) Edible oil storage and warehousing services operated by Grand Oils Dongguan (远大油脂东莞), one of the large edible oil storage enterprises in South China and a designated delivery warehouse for Dalian Commodity Exchange palm oil futures. The facility became the first overseas-Malaysian-company to pass Malaysian Sustainable Palm Oil (MSPO) supply chain certification in 2022. Provides standardized distribution and storage capacity to enterprise customers and futures market participants.

Quantifiable outcome

• Ranked 226th in Fortune China 500 (2024), 164th (2022)
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• FGV IFFCO Sdn Bhd (FISB)coreStrategic or Co-development Partner · 1 August 2022远大控股's wholly-owned subsidiary Grand Oils & Foods (Singapore) Pte. Ltd successfully bid to acquire 100% equity of the Malaysian palm oil refinery FGV IFFCO Oil Products Sdn Bhd (FIOP) from FGV IFFCO Sdn Bhd (FISB) at a winning bid price of 70.01 million Malaysian Ringgit (approximately RMB 106.45 million). This represents a significant strategic step in deepening the oils value chain operation.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Bunge Limited: Global agribusiness and food company with major operations in oilseed processing, grain trading, and edible oils. Comparable in commodity trading business model and palm oil/soybean oil exposure, though serving different primary geographies.
• Cargill: One of the world's largest privately-held commodity traders and agricultural processors with deep presence in palm oil, grains, and oilseeds trading globally. Comparable to Grand Industrial's commodity trading and oils & fats segments in business model, though vastly larger in scale.
• LDC (Louis Dreyfus Company): Global commodity merchant with strong presence in oilseeds, grains, coffee, and metals. Comparable to Grand Industrial's commodity trading segment for energy chemicals, metals, rubber, and agricultural products trade flows.
• COFCO Group: China's largest state-owned food and commodity trader with broad operations in grains, oils & fats, and agricultural trading. Comparable to Grand Industrial's diversified trading, oils, and agricultural activities within the Chinese market context.

Direct peers

• Beijing Multigrass Formulation Co. Chinese biological pesticide company focused on microbial biopesticides and formulation products. Directly comparable to Grand Industrial's crop science segment and its biopesticide subsidiaries (Maikelo Bio, Kaili Bio) targeting the same Chinese agricultural customers.
• Wilmar International: Asia's largest agribusiness group with vertically integrated palm oil operations (plantation → refining → specialty fats). Highly comparable to Grand Industrial's palm oil value chain including the recently acquired Malaysian refinery and specialty baking oils business (Adelle).
• Yihai Kerry Arawana (Wilmar China): Wilmar's China operations covering oilseed crushing, edible oil refining, specialty fats, and grain processing. Directly comparable to Grand Industrial's oils & fats segment in terms of products (edible oils, specialty baking fats) and customer base (food manufacturers, bakeries).

Others

• Sinograin: China's strategic grain and edible oil reserves administrator. Adjacent to Grand Industrial's commodity trading and oils & fats business as a key counterpart in China's agricultural commodity system, though primarily a state reserve operator rather than a commercial trader.

Emerging players

• Shandong Pengbo Biotechnology: Emerging Chinese biopesticide company developing novel biological crop protection products including biopesticides and biostimulants. Comparable to Grand Industrial's biological pesticide innovation efforts, though smaller and more focused on emerging biological categories.

Regional players

• Jiangxi Xinruifeng Bioengineering: Regional Chinese biopesticide and biofertilizer producer focusing on agricultural biotechnology applications. Comparable to Grand Industrial's biological pesticide offerings in product category though more regionally focused within China.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Grand Industrial