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San Neng Group Holdings Co., Ltd. (Taiwan, China)

Main Activities: Food Product Machinery Manufacturing | Management of Companies and Enterprises
Full name: San Neng Group Holdings Co., Ltd. Profile Updated: May 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company is a Cayman Islands-based company, which is engaged in the manufacturing, processing, sales, trading and agency of baking utensils and related products.
The company s products are divided into five categories including custom categories, baking molds, baking tools, household equipment and other category. Its customized products refer to products manufactured for customers according to their special needs, specified specifications and styles of baking equipment. Baking molds are mainly utensils that enters the baking equipment, including various types of baking trays, toast boxes, cake molds, pie plates, mousse rings and others. Its baking equipment comprises peripheral products used in baking in addition to molds, including egg whisks, mixing bowls, pastry tubes, pastry bags, revolving cake stands, knives, trolleys, material impressions, and price tag products.
HISTORY
The Company was established on April 29, 2015, The Company was listed on October 19, 2018 on Public Companies. The Company was listed on December 11, 2018 on TSEC.
1982
SANNENG Bakeware Co., Ltd. was Founded on Guangming Road, Guangming Village, Wuri District, Taichung City, Taiwan, with an area of approximately 165m2.
In the era of handmade molds, we mainly produced about 20 types of products including handmade baking pans, bread pans, bomb molds, and wheel molds.
1983
SANNENG purchased the first hydraulic press to enhance product quality.
1984
Beginning of the bakeware revolution; SANNENG started developing aluminum-plated bakeware to overcome the rust problem of early black iron.
1987
To comply with food hygiene standards, more hygienic and durable aluminum alloy baking pans and other products featuring anodized coating were introduced.
Due to business growth, the old factory building was no longer sufficient, and it was relocated to No. 72, Yongfeng Road, Taiping District, Taichung City, Taiwan in 1987, with a factory area of 496m2.
1988
Developed the non-stick product series to save manpower and oil consumption during baking. We also developed the non-stick baking pan and bread mold series, etc., and commenced in-house mold development.
1989
Taiwan SANNENG's Yongfeng factory was expanded from 496m2 to 992m2.
1990
With the increase in business, we moved to a new factory at No. 65, Lane 733, Guangxing Road. with an area of 2,645m2.1991
Received small and medium-sized enterprises training to establish institutionalized and computerized management.
1994
Vigorously engaged in business promotion, planning of domestic and international baking-related exhibitions, advertising, and marketing, as well as exporting to countries worldwide.
1996
To improve the quality of pastry tips, 80 varieties of one-time forming pastry tips were developed in Korea.
1997
Developed products that meet international quality standards and hygiene standards, and imported comprehensive bakeware.
1998
To resolve the problem with barcodes in supermarkets and reinforce warehouse management, the Company conducted comprehensive barcode planning.
1999
Reconstruction of the second floor of the factory on Guangxing Road, Taiping District, Taichung City, Taiwan, with a total area of 3967m2.
2000
SANNENG Bakeware (Wuxi) Co., Ltd. was officially established in Xishan Development Zone, Wuxi City, Jiangsu Province, China, and commenced production as scheduled.
2001
Received ISO-9001 international quality certification; the first nano-baking pan was successfully developed and shipped by applying new technology to improve product quality.
2002
Established an R D center to elevate the technical development capabilities of SANNENG in Taiwan and Wuxi; created an international trade center in the same year to improve the export capabilities of SANNENG in Taiwan and Wuxi.
SANNENG Taiwan obtained ISO-9001 international quality certification.
2004
SANNENG Bakeware (Wuxi) Co., Ltd. purchased land to expand the factory area to 3.96 hectares.
2006
The Japanese branch office was established in Tokyo, Japan in 2006 to expand the Northeast Asian market.
2010
After 4 years of hard work, our product quality has finally been recognized by the fastidious Japanese market, attaining a bakeware sales volume of approximately 300,000 pieces. SANNENG Japan Bakeware Co., Ltd. was officially founded in Tokyo with a capital of ¥ 15,000,000.
2013
SANNENG Taiwan was relocated to a new factory in Dali, officially opened with an area of 5,950m2.
The home baking brand UNOPAN was officially launched to design safe foodware for home baking enthusiasts.
2014
Changed CPA to Deloitte Touche.
2015
SANNENG Bakeware (Wuxi) Co., Ltd. introduced a surface treatment production line, plastic injection, and melamine production line.
SANNENG Taiwan introduced the Data Systems Consulting TipTop ERP system.
SANNENG Japan increased capital in cash to ¥ 95 million.
PT. San Neng Bakeware Indonesia founded in Jakarta, Indonesia.
2016
Completed the restructuring of the Group's investment structure, with a capital of NT 200 million.
SANNENG Group Holdings Co., Ltd. (SANNENG Holdings) transferred capital reserves to NT 240 million, cash capital increased to NT 100 million, and paid-in capital increased to NT 540 million.
SANNENG Bakeware (Wuxi) Co., Ltd. introduced the Data Systems Consulting TipTop ERP system.
2017
SANNENG Taiwan passed the MOEA Technology A+ Industrial Innovation R D Program's “Building High-Value Foodware and Manufacturing Technology R D Center Project”.
SANNENG Holdings officially applied to the Taiwan Stock Exchange for listing assistance, stock code: 6671.
SANNENG Taiwan increased capital in cash to NT 14.6 million.
SANNENG Bakeware (Wuxi) Co., Ltd.'s profits were transferred to the capital increase, and the capital was increased to USD 9.3 million.
SANNENG Bakeware (Wuxi) Co., Ltd. reinvested in Squires Kitchen Sugarcraft (Wuxi) Ltd. with an investment amount of RMB220,500.
2018
SANNENG Taiwan passed the MOEA Technology A+ Industrial Innovation R D Program's “Building High-Value Foodware and Manufacturing Technology R D Center Project”.
SANNENG Taiwan won the TTQS Bronze Award from the Workforce Development Agency of the Ministry of Labor.
SANNENG Taiwan won the TTQS Bronze Award from the Workforce Development Agency of the Ministry of Labor. SANNENG Holdings was officially listed and traded on the “Taiwan Stock Exchange” on December 11 under the stock code 6671 to become the first bakeware company listed on the Taiwan capital market.
SANNENG Cuisine Mincing Knife (PVD-TiC) won the Golden Pin Design Award.
2019
SANNENG cuisine mincing knife product (PVD-TiC) won the K Design Award.
SANNENG cuisine mincing knife product (PVD-TiC) won the K Design Award. SANNENG Premium dessert spoon product won the K Design Award and the Golden Pin Design Award.
SANNENG Holdings won the 2019 Outstanding Awards of Taiwan Companies in the Mainland China – Model Award for Domestic Sale.
SANNENG Bakeware (Wuxi) Co., Ltd. won the 2019 China Skills Contest/20th National Baking Professional Skills Contest Shanghai Division Talent Cultivation Contribution.
SANNENG Bakeware (Wuxi) Co., Ltd. won the Second Jiangsu Zifeng Award-Growing Enterprises.
SANNENG Bakeware (Wuxi) Co., Ltd. became the sponsor of official designated equipment for the Chinese team at the 7th Coupe du Monde de la Boulangerie.
TOP10SANNENG Bakeware (Wuxi) Co., Ltd. won the China TOP 10 Hotel Food and Beverage Classic Product Award.
SANNENG Bakeware (Wuxi) Co., Ltd. won the “Advanced Enterprise in Listing Work” issued by the Administrative Committee of the National Xishan Economic Technological Development Zone of China.
SANNENG Bakeware (Wuxi) Co., Ltd. won the “Advanced Environmental Protection Enterprise” issued by the Administrative Committee of the National Xishan Economic Technological Development Zone of China.
SANNENG Bakeware (Wuxi) Co., Ltd. won the “Top Ten Taxes Per Mu for Industrial Enterprises” issued by the Administrative Committee of the National Xishan Economic Technological Development Zone of China.
SANNENG Bakeware (Wuxi) Co., Ltd. won the Product Innovation Award (Equipment) of the 22nd China International Baking Exhibition.
SANNENG Bakeware (Wuxi) Co., Ltd. won the honor of being a leading enterprise in China's bakery sugar industry for the 40th anniversary of reform and opening up.
2020
Contribution to talent cultivation of the 50th “National” Skills Competition and the 46th International Skills Competition.
SANNENG Bakeware (Wuxi) Co., Ltd. received the title of vice-chairman of the Guangdong-Hong Kong-Macao-Taiwan Expert Committee.
SANNENG Bakeware (Wuxi) Co., Ltd. collaborated with Daddy Sweety Toast to successfully challenge the “world's largest baking lesson” Guinness World Record.
SANNENG Bakeware (Wuxi) Co., Ltd. became the only designated product supplier of the 21st National Baking Professional Skills Contest.
SANNENG Bakeware (Wuxi) Co., Ltd. became the director of the All-China Federation of Industry and Commerce Baking Industry Trade Union.
SANNENG Bakeware (Wuxi) Co., Ltd. became the only winning brand in the inaugural National Skills Competition – baking, baking (selected in the national competition), and sugar art/western pastries.
2021
SANNENG Bakeware (Wuxi) Co., Ltd.'s energy-saving aluminum-coated bread pan won the innovative product award of the 23rd Bakery China.
SANNENG Bakeware (Wuxi) Co., Ltd. became the sponsor of the Chinese team at the 8th Coupe Du Monde De La Boulangerie.
TIBS Baking Industry Innovation Awards.
TIBS booth design award.
2022
SANNENG Bakeware (Wuxi) Co., Ltd. invested in SANNENG Guangzhou's sub-subsidiary with a capital of RMB 28 million in Panyu City, Guangdong Province, China.

Headquarters
No.58, Gongye 8Th Rd., Dali Dist
Taichung City; Taichung City;

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Website: http://wwww.sannenggroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 29, 2015
Key Executives
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Chairman
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Chief Financial Officer
Ownership Details
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0.82%
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0.51%
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0.19%
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0.16%
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Subsidiaries
East Gain Investment Limited (Samoa)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
5.25%
Total operating revenue
6.2%
Operating profit (EBIT)
-0.39%
EBITDA
-11.63%
Net Profit (Loss) for the Period
6.18%
Total assets
4.45%
Total equity
4.69%
Operating Profit Margin (ROS)
-0.64%
Net Profit Margin
0.09%
Return on Equity (ROE)
0.08%
Debt to Equity Ratio
-0.65%
Quick Ratio
-0.32%
Cash Ratio
0.42%

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