Fufeng Group Limited (HKG:0546)
Hong Kong, May 26, 2009 AEST (ABN Newswire) - Fufeng Group Limited (HKG:0546), a leading vertically integrated manufacturer of corn-based biochemical products in China, will be included in Morgan Stanley Capital International ("MSCI") Global Small Cap Index, effective as of the market close on 29 May 2009.
Mr. Li Xuechun, Chairman of Fufeng said, "We are honored that Fufeng Group has been selected as one of the MSCI Global Small Cap Index's constituent stocks. The inclusion will not only further enhance our reputation and position in the international capital market, but also help investors to better assess the Group's future potential."
"As the leading manufacturer of the industry, the Group will continue to elaborate our advantages and capture the opportunities brought by market consolidation. The Group will endeavor to strengthen its leading status in the glutamic acid, MSG and xanthan gum market by implementing the above strategies, and will also continue to develop biochemical technology products in order to promote long-term and prudent growth of the Group and become the world's leading manufacturer of biochemical products," Mr. Li added.
MSCI is a provider of global equity indices and benchmark related products and services to investors worldwide. MSCI indices are among the most widely used international equity benchmarks by institutional investors, covering companies with good operational results and potential. The inclusion of Fufeng Group in the MSCI Global Small Cap Index has been announced in MSCI's latest semi-annual index review in May 2009.
About Fufeng Group Limited
Fufeng Group (
HKG:0546) is the world's largest producer of MSG, xanthan gum and a major supplier for a series of bio-fermentation products. The main products of the Group are food additives, animal nutrition, colloid and high-end amino acids. In fiscal 2016, Fufeng generated sales of approximately RMB11.2 billion and profit attributable to shareholders of about RMB1.09 billion. For more information, please visit our website www.fufeng-group.com
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