Hunan China Tobacco Industry Company was established in May 2003 and is affiliated with the State Tobacco Monopoly Administration (China National Tobacco Corporation). In November 2006, Hunan China Tobacco Industry Company merged and reorganized with its subordinate Changsha Cigarette Factory and Changde Cigarette Factory into a single enterprise legal person, achieving a true strong-strong alliance for the first time in the national tobacco industry. In November 2007, it was renamed and restructured into Hunan China Tobacco Industry Co., Ltd.
Hunan China Tobacco currently has 6 cigarette factories without enterprise legal person status (namely Changsha Cigarette Factory, Changde Cigarette Factory, Chenzhou Cigarette Factory, Lingling Cigarette Factory, Siping Cigarette Factory, and Wuzhong Cigarette Factory of Hunan China Tobacco Industry Co., Ltd.), 2 wholly-owned subsidiaries (Hunan China Tobacco Investment Management Co., Ltd. and Hunan China Tobacco Logistics Co., Ltd.), holds controlling stakes in 3 tobacco leaf redrying and processing enterprises (namely Xiangxi Hesheng Raw Tobacco Development Co., Ltd., Liuyang Tianfu Threshing and Redrying Co., Ltd., and Changde Furong Tobacco Leaf Redrying Co., Ltd.), holds controlling stake in Hunan Jinye Tobacco Sheet Co., Ltd., and holds 50% equity in Hebei Baisha Tobacco Co., Ltd. (which has Shijiazhuang Cigarette Factory and Baoding Cigarette Factory under it). Hunan China Tobacco cooperated in establishing a cigarette factory Overseas united INC. in Panama. At the end of 2013, the company's total assets were 68.307 billion yuan, with 13,000 employees.
Hunan China Tobacco is one of the key backbone enterprises in the national tobacco industry, with main indicators such as cigarette production and sales scale, asset scale, and realized taxes and profits all ranking among the top in the national tobacco industry. In 2013, Hunan China Tobacco achieved operating revenue of 83.362 billion yuan.
Hunan China Tobacco's main products are brand series cigarettes such as "He Tian Xia", "Furong Wang", and "Baisha". "Furong Wang" and "Baisha" are flagship brands in China's tobacco industry, with brand value and production and sales scale both entering the top ten in the industry, respectively ranking in the * echelon among structure-benefit-oriented "461" brands and scale-benefit-oriented "532" brands. The company has successively carried out brand cooperation with brother enterprises such as Hebei China Tobacco and Shaanxi China Tobacco, achieving common development. The company has carried out two-way brand cooperation with Philip Morris, with the "Marlboro" brand achieving commercial production at Changsha Cigarette Factory, and the "Baisha" brand achieving local production and local sales in Brazil, Argentina, and South Korea.
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