Grain storage and COFCO?

They are independent enterprises, one focusing on grain reserves and the other focusing on the import and export of grain and food. China Grain Reserve Management Corporation (hereinafter referred to as China Grain Reserve Corporation) is a central enterprise directly managed by SASAC. It is an important state-owned backbone enterprise undertaking special policy tasks and belongs to the lifeline of national security and national economy. It has the widest and largest grain storage and transportation network in China, and the level of grain storage and transportation technology and equipment is leading in the industry. China National Grain Storage Corporation was established in 2000 with a registered capital of 654.38+06.68 billion yuan. China Cereals, Oils and Foodstuffs Import and Export (Group) Co., Ltd. (hereinafter referred to as "COFCO" or "Cofco" in English) was established in Beijing on 1952. It is a large enterprise group integrating trade, industry, finance, information, service and scientific research, spanning agricultural products, food, hotels, real estate and other fields. Since 1994, it has been ranked among the top 500 global enterprises of American Fortune magazine.

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