COFCO Limited was founded in 1949. COFCO Limited engages in the import and export of grains, oils, and foodstuffs in China. The company provides agricultural products, such as rice, wheat, corn, sugar, meat, fruits, starch, and vegetables; and food products, including wheat flour, candies, chocolates, canned goods, condiments, and baked goods. It manufactures energy and biochemical products, wine and beverages, and soft drinks, as well as offers metal and plastic packaging for various products. The company also engages in real estate development and property management, and operates retail chain stores, as well as manages hotels. In addition, it engages in futures brokerage, and life insurance and reinsurance business.