Chaoda Modern Agriculture
| Company type | Public company |
|---|---|
| Industry | Agriculture, Food |
| Founded | 1994 |
| Founder | Kwok Ho |
| Headquarters | Fuzhou , China |
| Products | Vegetables and agricultural products (Bell Peppers, Broccoli, Carrots, Cauliflower, Cherry Tomatoes, Chinese Cabbage, Chinese Radish, Choi Sum, Cucumbers, Eggplants, Hot Peppers, Iceberg Lettuce, Loquats, Melons, Onions, Potatoes, Pumpkins, Sugar Snap Peas, Summer Squash, Sweet Corn, Sweet Potatoes, Tangerines, Watermelons, Welsh Onions) |
Chaoda Modern Agriculture (Holdings) Limited operates as a publicly owned company focused on cultivating and marketing environmentally sustainable vegetables and agricultural goods. The firm's headquarters are located in Fuzhou, within Fujian province, China. Established in 1994 by Kwok Ho, the company initially engaged in business dealings with the People's Liberation Army. Chaoda secured a listing on the Hong Kong Stock Exchange in 2000 and is also available for trading on the OTCQB Markets.
Suspicion of Fraud
In 2011, allegations emerged accusing Chaoda's management of fraudulent activities and insider trading, which resulted in a sharp drop in its stock value. The company's shares recommenced trading on the SEHK as of February 2015.
Business
Chaoda's export portfolio encompasses a diverse selection of vegetables such as Bell Peppers, Broccoli, Carrots, Cauliflower, Cherry Tomatoes, Chinese Cabbage, Chinese Radish, Choi Sum, Cucumbers, Eggplants, Hot Peppers, Iceberg Lettuce, Loquats, Melons, Onions, Potatoes, Pumpkins, Sugar Snap Peas, Summer Squash, Sweet Corn, Sweet Potatoes, Tangerines, Watermelons, and Welsh Onions.