- Business
- Jonjee Hi-tech Industrial and Commercial Holding Co., Ltd. is a diversified Chinese conglomerate principally engaged in the production and distribution of seasoning products, manufacturing of automobile and motorcycle parts, commercial property development, and property management services. Its core product offerings include soy sauce, chicken powder, oyster sauce, cooking wine, vinegar, edible oil, fermented bean curd, juice, hot pot base, and other seasoning products. In the manufacturing domain, the company produces precision forgings and machined components for the automotive and motorcycle industries, alongside new energy automobile batteries. Jonjee also operates in real estate through commercial property project development, property leasing, and property services including cleaning, security, maintenance, and consulting. Founded in 1993 and headquartered in Zhongshan, China, the company was formerly known as Zhongshan Torch Hi-tech Industrial & Commercial Co., Ltd and was renamed Jonjee Hi-tech Industrial & Commercial Holding Co., Ltd. in February 2001. Recent significant developments include completion of an equity buyback program in late 2023 and plans in 2024 to repurchase and cancel shares of restricted stock under its restricted stock incentive plan, reflecting strategic capital management measures. The company continues to strengthen its industrial and R&D capabilities, notably advancing its seasoning product range and precision manufacturing, actively supporting its long-term innovation-driven growth strategy. Jonjee operates primarily in domestic Chinese markets while also serving international customers. The company maintains strong shareholder diversity with notable institutional and retail investor presence, and it is listed on the Shanghai Stock Exchange under the ticker 600872.SS.