Nongfu Spring Co., Ltd. (9633.HK)

42.700 -0.300 (-0.70%) At close: 04:08PM HKT

Nongfu Spring Co., Ltd.

No.181 Geyazhuang Road
Xihu District
Hangzhou 310024
China
86 57 1876 31800
https://www.nongfuspring.com

Sector(s): Consumer Defensive
Industry: Beverages - Non-Alcoholic
Full-time employees: 20,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Shanshan Zhong	Founder, Executive Chairman & GM	3.79M	N/A	1954
Ms. Limin Wu	CFO & Executive Director	N/A	N/A	1973
Mr. Xiyue Liu	Chief Information Officer & Shareholder Representative Supervisor	N/A	N/A	1973
Ms. Linyou Han	Company Secretary & Executive Director	N/A	N/A	1981

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Nongfu Spring Co., Ltd. researches, develops, produces, and markets packaged drinking water and beverage products primarily in Mainland China. It operates through five segments: Water Products, Ready-To-Drink Tea Products, Functional Drinks Products, Juice Beverage Products, and Other Products. The company also offers ready-to-drink tea beverage beverages; functional drink products; fruit juice products; and other beverage products, soda water, sparkling flavored, lemon juice, and coffee beverages, as well as agricultural products comprising fresh fruits. In addition, it provides supply chain management services, as well as engages in IT research and development. The company was founded in 1996 and is headquartered in Hangzhou, China. Nongfu Spring Co., Ltd. operates as a subsidiary of Yangshengtang Co., Ltd.

Corporate governance

Nongfu Spring Co., Ltd.’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 5; Board: 8; Shareholder rights: 9; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.