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   Qinhuangdao Goldensea Industry, a member of Yihai Group, is a large grain and oil processing joint venture between Wilmar Singapore and ADM USA ; and is make up of the following companies: Qinhuangdao Goldensea Grain and Oil Industry Co., Ltd, Qinhuangdao Goldensea Foodstuff Industries Co., Ltd and Qinhuangdao Goldensea Specialty Oils and Fats Industries Co., Ltd with a total investment of US$170 millon.

   Goldensea Industry has a combined site area of 660 thousand square meters; processes 3 million tons of soybeans yearly: producing 1.35 million tons of refined soybean oil, 100 thousand tons of specialty fats and oils and 40 thousand tons of soy protein concentrate.

   Having brought together the technical expertise and equipment of Wilmar and ADM, Goldensea Industry is now one of the world's foremost oilseed processors. Some of the company's brand names are: KOUFU, MANFU, XINYUAN, YIHAI, SANIA and FENGYUAN. Furthermore Goldensea Industry is now supplying to some of the big brands, like: Shuanghui, Nestle and Carrefour. On Sep 1, 2005, Goldensea's KOUFU refined soybean oil was named one of the top Chinese brands.

   Goldensea Industry is also certified by the following:
ISO9001:2000
HACCP
QS
HALAL (MUI)
HALAL (Chinese Islamic Organization)
KOSHER

   Goldensea Grain and Oil Industry Co., Ltd, located in Qinhuangdao port, was built in 2000 with a total of US$80 million. It now has 2 crushing plants and 5 oil refining lines that process 7000 tons of soybeans per day; 2800 tons of edible oil and 12 tons of lecithin respectively. Some of the main products include: 42-48% protein soybean meal; different grades of refined soybean oil, palm oil and coconut oil; feed-grade lecithin and palletized hulls. Together these products dominate more than 20% of the local market share.

   Over the years, Goldensea Grain and Oil Industry Co., Ltd has won many awards and accolades like ¡°China's top 500 import and export enterprises¡±, ¡°China's top 100 foodstuff industries¡± and many others.

   Goldensea Foodstuff Industries Co., Ltd, located in Qinhuangdao economic and technological development zone, East zone (Shanhaiguan, East), was built in 2003 with a total of US$80 million. With world-class processing know-how, the plant processes 1200 tons of non-GMO soybeans daily; producing defatted soy flour, soy sauce meal and white flakes. In addition, the plant also sorts 200 tons of edible soy beans, refines 800 tons of refined soybean oil, de-waxes 200 tons of corn oil, packs 550 tons of assorted oil, and produces 140 tons of soy protein concentrate and 5 tons of food-grade lecithin daily. In 2005, Goldensea Foodstuff Industries Co., Ltd was recognized as the city's top enterprise, as well as, the city's leading agricultural processor.

   Majority exporting destinations are Japan , UK , South Korea and South East Asia . Last year, Goldensea Foodstuff Industries Co., Ltd achieved a record high in refined soybean oil export to Japan.

 
Plan view of GOSGO
Plan view of GOSFO
   Goldensea Specialty Oils and Fats Industries Co., Ltd, located in Qinhuangdao port, was built in 2003 with a total of US$100 million. The plant has brought in advance urgent-cold-knead equipment and has many excellent recipes for shortening, hydrogenated oil, margarine and other specialty edible oils and fats.
Specialty Oils & Fats Plant
Specialty Oils & Fats Plant
Specialty Oils & Fats Warehouse
   YIHAI Group is a Chinese grain and oil industry cum trading corporation formed from the joint venture between Wilmar Singapore and ADM USA . The group now owns more than 20 plants and 10 trading firms in the whole of China . Yearly oilseed crushing capacity is over 10 million tons; refining capacity is about 5 million tons; palm oil fractionation capacity is 1 million ton. The group's registered capital is closed to 3 billion RMB and has more than 5000 employees currently. YIHAI Group generated 30 billion RMB of sales revenue and exported a total of 500 thousand tons of soybean meal and soy protein concentrate.
   Wilmar Singapore was first established by Mr. Kuok Koon Hong and Mr. Martua Sitorus in 1991; and is Asia 's largest edible oil producer. Wilmar's business encompasses the production of edible oil and its derived products in Asia and Africa .
   ADM USA , founded in mid 19 th century, is one of the biggest agricultural processors in the world. Head office is located in Decatur . ADM owns more than a 1000 plants in 60 countries with over 25 thousand employees. ADM is a leader in soybean, corn, wheat and cocoa processing. In fiscal year 2005, ADM generated a revenue of US$36 billion and actual profit of US$1 billion. In addition, ADM was ranked 145 by Fortune 500 in 2004.