What is the relationship between COFCO and Coca Cola?

Coca-Cola is not COFCO's.

COFCO Coca-Cola Beverage **** (hereinafter referred to as COFCO Coca-Cola, China Coca-Cola Group) is the Coca-Cola bottling group with the widest geographical coverage in Chinese mainland. As the crystallization of the cooperation between COFCO and Coca-Cola, two Fortune 500 companies, COFCO Coca-Cola currently holds and manages nine Coca-Cola beverage production and sales enterprises in China, and has the right to operate Coca-Cola series products in 15 provinces, municipalities and regions. At the same time, COFCO Coca-Cola Beverages also participates in the management of a number of Coca-Cola bottling companies through equity participation.

Coca-Cola was initially not allowed to enter China directly, so it had to find a partner. First COFCO, then Swire and Kerry. Coca-Cola and these three companies jointly invest.

COFCO has a large number of shares, which is called COFCO Coca-Cola.

COFCO Coca-Cola is a state-owned enterprise.

COFCO Coca-Cola Beverages**** (hereinafter referred to as COFCO Beverages) is operated by COFCO and The Coca-Cola Company.

Two Fortune 500 companies.

The joint venture, in which COFCO holds 65% and Coca-Cola holds 35%, is one of the top five bottling partners of Coca-Cola in the world.

Through its bottling partnership with The Coca-Cola Company, CBL Beverages manufactures, distributes, promotes and sells Coca-Cola products in the region, including soft drinks, to consumers.

7 categories of products, including fruit juice, fruit milk, water, functional water, coffee, and energy drinks, covering 17 brands, of which 12 products have annual sales of more than 1 billion US dollars.

Through advanced production equipment and scientific and standardized operation processes, CBL Beverage provides consumers with high-quality refreshing beverages, and has been among the best in Coca-Cola China and even the global system for many years.

Hello dear, COFCO is a state-owned enterprise. Broadly speaking, all central enterprises are state-owned enterprises, but state-owned enterprises are not necessarily central enterprises, so COFCO is not only a central enterprise, but also a state-owned enterprise. COFCO, also known as COFCO, was founded in 1949.

COFCO is a world-class grain enterprise. COFCO is an agricultural, grain, oil and food enterprise with the largest market and development potential, and is an investment holding company integrating processing, sales and research and development. COFCO takes grain, oil, sugar and cotton as its core business, and has established three main businesses: food, finance and real estate.

I hope I can help you

1. Coca-Cola is an American company and the world's beverage leader, while COFCO Coca-Cola is in Beijing, China.

2. COFCO Coca-Cola Beverage **** is a joint venture between COFCO **** and Coca-Cola Company.

3. Coca-Cola was founded in 1886, and its existence has been for a long time, and COFCO Coca-Cola was established in 2000, which is even shorter.

Summary. COFCO Coca-Cola is a state-owned enterprise, founded in 2002, is a fast-moving consumer goods enterprise engaged in the production and sales of Coca-Cola series of beverages.

COFCO Coca-Cola is a state-owned enterprise, founded in 2002, is a fast-moving consumer goods enterprise engaged in the production and sales of Coca-Cola series of beverages.

The company's business scope includes: wholesale of pre-packaged Yumin food, bulk food and related raw and auxiliary materials; Self-operated and ** goods and technology into the town to accompany the export; **Chain information consulting and management services; Commission**; **Development, consulting and maintenance of chain IT application system; Marketing services. The company's recruitment conditions are:

1. Abide by the Constitution of the People's Republic of China; 2. Be at least 18 years old; 3. Have good conduct; 4. Have the physical condition to perform duties normally; 5. College degree or above.

Shouldn't he be a central enterprise, he belongs to a subsidiary of COFCO, if he does, shouldn't he be a central enterprise?

All central enterprises belong to the category of state-owned enterprises, but state-owned enterprises are not necessarily central enterprises. The direct jurisdiction department is different: generally speaking, the direct jurisdiction of the central enterprise is ***, while the state-owned enterprise is under the unified jurisdiction of the local government;

Coca-Cola did not sell the company to COFCO, but partnered with COFCO to produce Coke, and Coca-Cola only provided the formula and brand.

1. Coca-Cola's sales cooperation model.

In fact, most of the Coca-Cola that everyone can buy today is not produced by The Coca-Cola Company.

Rather, it is produced by Coca-Cola in cooperation with other companies and by other companies.

Before '06, Coca-Cola had never opened a branch in China.

Their model of cooperation with other companies is limited to having other companies use the Coca-Cola brand, and then providing Coca-Cola concentrates for the other companies' factories to bottle and sell.

The other companies are just a bottle factory for Coca-Cola.

All bottling equipment, materials, transportation and sales are handled by other companies.

In the production process, Coca-Cola only bears the cost of the formulation.

In the sales process, Coca-Cola is only responsible for providing the "Coca-Cola" brand.

So in fact, Coca-Cola is very profitable because its input costs are very low.

2. Which group is COFCO?

COFCO is a state-owned enterprise established in 1949 and is a very old company.

It has many companies under its umbrella, such as China Foods, Mengniu Dairy, COFCO Meat, Futian Industrial, etc., which is a very large group.

However, COFCO has not been operating very well, and it will cooperate with Coca-Cola mainly to learn Coca-Cola's business philosophy and management methods.

Because the formula of Coca-Cola has actually been deciphered by everyone, it is easy to tune it out.

If you really want to make drinks, you don't have to cooperate with Coca-Cola, because Coca-Cola's conditions are actually quite strict, and it is really not profitable to be a bottling factory.

3. How many companies has Coca-Cola authorized in China?

In addition to COFCO, Coca-Cola has also licensed two other companies: Swire and Kerry.

However, 06 years later, Kerry's authorization was taken over by Coca-Cola, and Coca-Cola China Industrial **** was established to operate directly.

The only authorized companies left today are COFCO and Swire.

Coca-Cola's performance has been good, and it was sold to COFCO that year, which can only be said to be a cooperative relationship. Because in the agreement, Coca-Cola will not only charge the cost of the concentrate, but also obtain profits according to the proportion of shares. The Coca-Cola Company and COFCO are a partnership, COFCO Coca-Cola is a joint venture between the two parties, and the bottling plant is a joint venture.

This model is exactly the franchise bottling model system that Coca-Cola implements around the world, and Coca-Cola only provides concentrates and brands, and nothing else.

The Coca-Cola you see in the market is not produced by them, but by COFCO and Swire, so why did Coca-Cola sell its production business to COFCO and Swire?

Coca-Cola and COFCO are only a cooperative relationship, and Coca-Cola only gave the bottling business to COFCO to operate, so it did not sell to COFCO.

Coca-Cola only handed over the relatively high part of the marketing expenses and product costs to COFCO, and COFCO was only working for Coca-Cola, and the profit was not much, and Coca-Cola's formula did not mean to the Chinese market.

Because both parties could make huge profits in this transaction back then, Coca-Cola at that time was very much in need of a huge amount of money to develop other businesses.

Coca-Cola and COFCO are in partnership and have not been sold to COFCO.