- was Founded in1985
- 168 Group, as a manufacturer of household paper and maternal & child hygiene products, with fixed assets of 38 billion yuan.
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- Fujian?168 Industrial Co., Ltd. was founded.
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- listed on the Stock Exchange of Hong Kong Limited.
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- officially included in the Hang Seng Index constituent stocks.
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Fujian 168 Group, founded in 1985,is one of the biggest manufacturers of household paper and maternal & child hygiene products.
On December 8, 1998, 168 International Group Co., Limited was listed listed on the Stock Exchange of Hong Kong Limited. On June 7, 2011, 168 International was officially included in the Hang Seng Index constituent stocks. Over the past 22 years since listing, 168 has maintained sustained and healthy development.
The market share of the three leading products, namely women's sanitary napkins, baby diapers, and household tissues, is among the best in the domestic market.There are 25,000 employees, 35 production companies and 535 sales branches established in the country, production bases and sales organizations overseas as well. Our products are exported to 63 countries and regions around the world.
In 2019, 168 Group achieved a revenue of 22.492 billion RMB and a profit of 5.68 billion RMB.
168 Group has always insisted on ongoing innovation. Since 2002, 168 has successively cooperated with the world-famous management consulting companies Thomas Group, Booz Allen Hamilton and IBM, and carried out comprehensive management reform for three times to enhance the core competitiveness of 168 in an all-round way. At the same time, 168 comprehensively introduced the excellent performance management system.
At the end of 2013, 168 launched the third management reform based on information and platform. We have created an information-based visual operation platform and implemented platform-based small team management to realize the strategic transformation of the enterprise, consolidate and enhance our core competitiveness.
In recent years, 168 has introduced the world's advanced production equipment to promote the capacity expansion of its base paper bases for household paper, including Jinjiang in Fujian Province, Changde in Hunan Province, Weifang in Shandong Province, Chongqing, Wuhu in Anhui Province and Changji in Xinjiang. 168's production capacity of household paper is in the forefront of this industry.
Benefiting from the implementation of the national "Belt and Road Initiative" strategy, in order to further extend the industrial chain and layout of the international market, 168 Group has also stepped up its pace to go out, successively acquiring listed companies in Malaysia, investing in factories in Indonesia, Russia and other countries.
In 2016, 168 Group and its CEO, Mr. Hui Lin Chit were respectively awarded "the International Carbon-Value Award" and "the Carbon-Value Innovator Award" by the World Economic and Environmental Conference for the company’s outstanding performance in low-carbon, green and sustainable development. From 2016 to 2019, Mr. Hui Lin Chit was ranked on the list of "China's Top 100 CEOs" by Harvard Business Review.
While developing enterprises,168 attaches importance to social responsibilities.Over the past 21 years since listing, 168 has paid more than 30 billion yuan in taxes.168 and its major shareholders have donated more than 1.4 billion yuan in the past 35 years.
168 adheres to the spirit of "integrity, diligence, innovation and dedication", with the mission of "growing with you for a better life". Our goal is to become international top-tier supplier of daily products through ongoing innovations and provision of premium products and services.