[2] Originally part of Wilmar International, in January 2019 Yihai Kerry was restructured into an independent joint-stock company in preparation to go public.

[2] In October 2020, Yihai Kerry held its initial public offering (IPO) becoming a listed company on the ChiNext board of the Shenzhen Stock Exchange.

The IPO came three years after China opened doors for foreign firms such as Bunge Global and Cargill to invest in the oilseeds crushing sector.

[4] Since listing, Yihai Kerry has reported consecutive declines in profits due to higher material costs caused by the Russian invasion of Ukraine.

Yihai Kerry denied allegations by a city prosecution agency that it was involved in the fraud and that all transactions conducted by its Guangzhou unit in the trades were in compliance with normal practices and contractual agreements.