Hebei Hualong Food Group Co., Ltd. is a stock private enterprise，located in Longyao county of Hebei province which is a fine wheat base in China. Since established in March of 1994, it has become a large modern enterprise that covers an area of more than one million square meters and has 12000 staff after eight-year arduous efforts. In addition, it has set up fifteen multi-functional, well-equipped subsidiaries of modern management, whose business scope includes instant noodle, fine flour, seasoning, biscuit, packaging, color printing and transportation service, with its total assets amounts to RMB 3 billion. Hualong group paid RMB 26 million in taxes in year 2000, which amounts to one quarter of the financial income of Longyao county and ranked 21 in the 100 "strong tax levying enterprises". In addition, Hualong group paid RMB 42 million in taxes in year 2001, amounts to as much as 35% financial income of the county. It was great honor to be ranking 37 in the 500 "strong private enterprises of China" in year 2000 and its production and sales output leap into the third in the same industry in China.

　　At the inception of the enterprise, Mr. Fan Xianguo, a young entrepreneur, the general president of the enterprise, introduced the new strategic ideas as "three highs, three larges and three news" into Hualong Group, which is "high starting point, high position and high standard", "great boldness of vision, large investment and big action", and "new thought, new idea and new management". After making benefits upon initial operation, Hualong Group achieved its target of being ranked first both in production and sales output in Hebei province in three years, and going into the "three-power" in the same industry in four years. At present, Hualong Group owns 12 flour manufacture factories, which can produce 8 billion packages of instant noodle annually. Flour Corporation and Fine Flour Corporation can handle 0.8 million tons of wheat every year; Paper Corporation can produce 60 million square meters of corrugated board every year; Transportation Corporation owns various sizes of 1200 vehicles; Seasoning Corporation can produce about 40 thousand tons of fine grade quality soup bases every year; Biscuit Corporation can produce 40 thousand tons of middle-grade quality and top grade quality biscuits every year; Agriculture Co., Ltd. owns more than 5 thousand units of fine grade wheat planting field. In 1999, Hualong Group was awarded the title of "Chinese excellent enterprise in food industry". In December of 1999, "Hualong" trademark was recognized as the "Chinese famous trademark". In December of 2000, Hualong group got the certificate of ISO 9002 successfully. At present, "Hualong" brand instant noodles, which include fourteen series of products, more than seventy tastes and more than two hundred sizes, have become famous products, which are sold well in more than thirty provinces, cities and autonomous regions.

　　Looking into future, Hualong Group shall assume task of promoting national food industry, and take the target of establishing a large enterprise and creating internationally famous brand as its goal. Based on collectivized enterprise, famous product, scientific management and modern technology, Hualong Group Hualong Group shall keep pace with new knowledge-based economy, adopt first class food industry technology and march towards the target of multi-product and international operation. During the tenth five-year plan period, it is predicted that 8 subsidiaries shall be established in northwest region, southwest region, middle part of China and eastern part of China respectively. Hualong Group shall strengthen its scientific research through establishing Research Development Institutes in Beijing and Japan and absorbing first class specialists. In addition, Hualong Group shall develop high-tech and high value-added products through cooperation with Japan and Korea famous food industries. All these shall help Hualong Group march towards its goal. Agriculture Co., Ltd. jointly invested by Hualong Group and Scienctific Research Institute has put a large area of model wheat field into operation, and the corporation intends to make it become eighteen thousand units of fine seed base by means of high technology in three years. This will contribute to the strategic adjustment of agriculture industrial structure.

　　By taking the task of promoting national food industry and improving people's lives as its job, Hualong Group is taking off and marching towards its ambitious goal of becoming the first class international and modern Food Group upon the new century!