Introduction of China Grain Reserves Group Ltd. Company Back Participating Organisations List>

China Grain Reserves Group Ltd. Company (Sinograin Group) was established in 2000 upon the approval of the State Council. Under the jurisdiction of the central government, Sinograin Group is responsible for the management and operation of grain, oil and cotton, and implements state macro-control policy. Sinograin Group is an entity which is responsible for its own profits and losses. Since its establishment, Sinograin Group has built itself the largest agricultural product reserves group and a significant force in securing food and serving the grain market development. Sinograin Group’s business includes the procurement, sales, storage, transportation, processing, scientific research, import & export. 18 years practices prove that it is right to build the vertical management system; it is successful to introduce the rotation system to ensure the quality of the reserve stocks; and the role of Sinograin as the main force of micro-control regulation is irreplaceable.

Sinograin Group now has 23 branch companies, 7 subsidiaries, 1 scientific research institutes, and many storage facilities, covering 31 provinces (autonomous regions and municipalities). Sinograin Group has 43,000 employees, more than 90 million tons of effective storage around the country. Sinograin Group has total assets of 1.5493 trillion RMB, annual revenue of 244.7 billion RMB and profits of 5.64 billion RMB.

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