FOOD SECTOR

Lee Kum Kee Food Co. Ltd. City, China Group: Lee Kum Kee International Holdings Ltd. Wrap-around casepacker !"T$%"&'(&)**&+&(,-& o understand the dynamics T !"#$%"&$'(%)%"'(*+)#,-."- +" (%%*"# "/')'#"#$%"0,%0" !"#$%" 1%0,2"3'/%,." (%" !"#$%"4+)'%)#"0,%0)"'(" the country that, based on a complex social, economic and industrial architecture, extends among the 5%#, 6 2')%)" !"7 (8"9 (8.":$%(;%(." Macao and Guangzhou.

<$%"*%/%2 65%(#" !"#$%)%"20,8%"+,40(" =%(#%,)"')"#$%",%)+2#" !"0"= 54'(0#' (" !" /0,' +)" !0=# ,)" '(=2+*'(8" government intervention, private <$%" &$'(%)%" = 560(-S)" 620(#" '(" 4+)'(%))" )#,0#%8'%)" 0(*" 0" )%,'%)" !" B'($+'" N" ?'#$" 0" 6, *+=#' (" 0,%0" !" local, national and transnational D.EFF"$%=#0,%)."')"#$%"8, +6S)"20,8%)#" dynamics. P!0=# ,-QI"

This is the economic context in It has relied on SMI experience and which Lee Kum Kee was created #%=$( 2 8-" ! ," #$%" 60=>08'(8" !" '#)" and developed, now leader in sauce bottles in completely closed #$%" 6, *+=#' (" 0(*" 50,>%#'(8" !" =0,*4 0,*" 4 J%)." 6%,! ,5%*" 4-" #$%" )%0) ('(8" )0+=%)" #$%" 4%)#" >( ?(" !" :5'!2%J'" ?,06@0, +(*" =0)%60=>%,." ?$'=$" 0,%" #$%" -)#%,@!20/ ,%*" )0+=%" WP 400 model, equipped with the and . 6,%! ,5%*")%60,0# ,)"'()%,#%,I Lee Kum Kee HOW AN INTERNATIONAL BRAND IS BORN

#S)" $0,*" # " '508'(%" #$0#" 0" I )5022"=0,%2%))"5')#0>%"*+,'(8" #$%" = >'(8" !" -)#%,)" =0(" 2%0*"# ")+=$"'(#%,(0#' (02"!05%I" Yet this is exactly what happened to Lee Kum Sheung in the late nineteenth =%(#+,-."! +(*%," !"#$%"$ 5 (-5 +)" = 560(-." ?$'2%" ? ,>'(8" 0#" 0" )5022" restaurant selling oyster soup. K(%"*0-."?$%("$%"?0)"= >'(8" -)#%,)" 0)"+)+02."L%%"9+5":$%+(8"2 )#"#,0=>" !" #'5%" 0(*" #$%" 6, 2 (8%*" = >'(8" !"#$%"! *"%50(0#%*"0")#, (8")5%22" #$, +8$ +#"#$%">'#=$%(I" M#" ?0)" (2-" #$%(" #$0#" #$')" =$%!@ '(/%(# ," ( #'=%*." ?$%(" $%" 2'!#%*" #$%" 6 #S)" 2'*." #$0#" #$%" -)#%," ) +6." normally liquid and clear, had #+,(%*"'(# "0"#$'=>"4, ?(")0+=%"#$0#" )+,6,')%*"$'5"4%=0+)%"'#"80/%" !!"0(" unparalleled and incredibly delicious aroma and taste. This is how the idea emerged to 50,>%#" 0" (%?" 6, *+=#" #$0#" $0)" become very popular over the decades and appreciated worldwide. In 1888 the Lee Kum Kee company ?0)" )%#" +6" ! ," #$%" 50))" 6, *+=#' (" !" -)#%," )0+=%." ?$'=$" $0)" 4%= 5%" #$%"40)'="'(8,%*'%(#" !"50(-"&$'(%)%" *')$%)" 0)" ?%22" 0)" 0" !+(*05%(#02" dressing in Cantonese and southern China cuisine. K/%,"#$%"-%0,)."#$%"= 560(-S)" +#6+#" has gradually expanded to include 5 ,%"#$0("NFF"/0,'%#'%)" !")0+=%)"0(*" condiments, among which soy sauce, and chili sauce. <$, +8$" #$%" +)%" !" $'8$@#%=$" machines, Lee Kum Kee also )6%='02';%)" '(" #$%" 6, *+=#' (" !" $%,402" )%0) ('(8)" 0(*" $%02#$" ! *)" #$0#" !+2!'22" #$%" #,0*'#' (02" &$'(%)%" =+2#+,%." ?$'=$" ')" )%()'#'/%" # " (%S)" personal well-being.

The in Chinese cooking

K-)#%,")0+=%"')"%))%(#'02"'("&$'(%)%"= >'(8O" 4#0'(%*"4-"4 '2'(8" -)#%,)."#$')"= (*'5%(#" ')" /%,-" ,'=$" 0(*" #0)#-" 0(*" ')" +)%*" 4 #$" ! ," 5%0#" 0(*" /%8%#042%)." %)6%='022-" '(" #$%" version. M#"')"0"*0,>@= 2 ,%*")0+=%"= ()')#'(8" !" -)#%,"%J#,0=#"0(*") -")0+=%"#$0#"* %)"( #"$0/%" 0"!')$-"#0)#%."= (#,0,-"# "?$0#" (%"5'8$#"#$'(>I" M#)"2'8$#")02#-"#0)#%"* %)"( #"0**"(%?"!20/ ,)"# "! *)"4+#",0#$%,"%($0(=%)"#$%"!20/ ," !" #$%"*')$"'#"= 5%)"?'#$."%)6%='022-"5%0#" ,"!')$P"'#"')"02) "+)%*"0)"0("'(8,%*'%(#"'(") 5%" )0+# %*"! *)I CHINESE CUISINE BETWEEN PHILOSOPHY AND MEDICINE

Lee Kum Kee was also named the Lee Kum Kee has a long business tradition, most popular on-line brand and has based on values such as pragmatism, integrity received prestigious awards and 0(*"= ()#0(#",%) +,=%!+2(%))I" Since its origins in the nineteenth century, the prizes. company is committed to creating high quality 6, *+=#)" #$0#" 6, 5 #%" 0#" 4%)#" &$'(%)%" ! *" worldwide, thereby building a culinary and cultural bridge between East and West. &$'(%)%" =+')'(%" *')#'(8+')$%)" P-'(Q" ! *." !%5'('(%.") !#"0(*",%!,%)$'(8")+=$"0)"2%8+5%)" 0(*"!,+'#."!, 5"P-0(8Q"! *."50)=+2'(%."!,'%*." )6'=-" ,"5%0#@40)%*"#$0#"$0)"0"?0,5'(8"%!!%=#" on the body. M("!0=#."0"R+02'#-"5%02"5+)#"4%"042%"# "$0,5 (';%"!20/ ,)"0(*"!'(*"0"4020(=%" between hot and cold. Moreover, meals have always had a strong social impact throughout the #$ +)0(*)" !"-%0,)" !"&$'(%)%"=+2#+,%."# "0"6 '(#"#$0#"#$%"620#%)"0,%" !#%("6 2%*" on a round table, sometimes surmounted by a turntable on which they are laid. <,0*'#' (02" &$'(%)%" =+')'(%" ')" 40)%*" (" 0" !%?" %))%(#'02" '(8,%*'%(#)O" '(" addition to rice and phyllo dough, the one thing that can never be missing ')"*%!'('#%2-"#$%")0+=%."4%"'#") -." -)#%," ," #$%,">'(*)I < *0-."DWX"-%0,)"0!#%,"'#)"! +(*0#' (." #$%" = 560(-" $0)" )'8('!'=0(#" 50,>%#" shares at national and international level. SOME INTERESTING FACTS M("!0=#."L%%"9+5"9%%"')"0"?%22@>( ?(" 4,0(*"%/%(" +#)'*%" !"&$'(0I" L%%" 9+5" 9%%" ?0)" ! +(*%*" '(" DSSS" '(" #$%" ='#-" !" T0()$+'." '(" #$%" U$+$0'" It has become synonymous with 6,%!%=#+,%."?$ )%"(05%"'("&$'(%)%"2'#%,022-"5%0()"P)%0" !"6%0,2)Q"4%=0+)%"'#" Chinese entrepreneurship and a ')"2 =0#%*"'("#$%"*%2#0" !"#$%"1%0,2"3'/%,."#$%"#$',*@2 (8%)#",'/%," !"&$'(0"VW.XFF" )-54 2" !"R+02'#-"0(*"#,+)#I" >5Y"0!#%,"#$%"Z0(8#;%"0(*"Z%22 ?"3'/%,)."0(*"#$%")%= (*"! ,"'#)"] ?",0#%I M("!0=#."022"#$%"4+)'(%))"0=#'/'#'%)" !" 1%0,2"3'/%,"')"02) ">( ?("0)"Z+%"\'0(8." ,"P3'/%," !"]+0(8* (8QI" this Chinese company revolve around M#)"(05%"= 5%)"!, 5"0", =>"#$0#" +#=, 6)"'("#$%"40-" !"&0(# ("0(*"#$0#"( ?" #$%" = (=%6#" !" P#0>'(8" '(# " 0== +(#" ')")'#+0#%*"02 (8"#$%"40(>"*+%"# "#$%"=$0(8%" !"#$%",'/%,S)"!2 ?I" #$%"'(#%,%)#)" !" #$%,)Q"0)"?%22"0)"#$%" 1%0,2"3'/%,"!2 ?)"'(# "#$%": +#$"&$'(0":%0"4%#?%%("7 (8"9 (8"0(*"^0=0 I" 6,'(='62%)" !" 6,0850#')5." '(#%8,'#-" The estuary is called “Tiger Mouth”, name given to it by the Portuguese due and commitment. # "0("')2%#"#$0#"2 >)"2'>%"0"#'8%,")R+0##'(8I" The two corporate missions, namely The Tiger Mouth is crossed by the Humen bridge, a suspended structure 888 “promote Chinese cuisine in the 5%#%,)"2 (8"#$0#"= ((%=#)"#$%"T0()$0"*')#,'=#" !"]+0(8;$ +"?'#$"#$%"='#-" world” and “modernize and promote !"7+5%(I its traditional healthy Chinese herbal- based products” have given the Lee Kum Kee group its worldwide success, ?'#$" 0" 6, *+=#" ,0(8%" !" 5 ,%" #$0(" 300 sauces and seasonings distributed but its products are sold /%,"DFF"= +(#,'%)" ("!'/%"= (#'(%(#)I"" #$, +8$ +#"&$'(0"0(*"'("50(-"! ,%'8(" The company is headquartered in 50,>%#)" '(=2+*'(8" T ,#$" _5%,'=0." Europe, Southeast Asia and . 1, *+=#' (" #0>%)" 620=%" 0#" !'/%" production units located in the cities !" B'($+'." 7+0(86+." 7 (8" 9 (8." L )" Angeles and . Innovative packaging AND HIGH PRODUCTIVITY

$%" :5'!2%J'" `1" )%,'%)" ?,06@ <$%"= (#0'(%,)"=0("4%"60=>08%*"4 #$" T 0, +(*" =0)%60=>%,)" '()#022%*" in completely closed corrugated 0#" #$%" L%%" 9+5" 9%%" !0=# ,-" cardboard boxes and cardboard trays. are automatic machines that _!#%," 6+,=$0)'(8" #$%" !',)#" 60=>%," '(" 60=>08%" /0,' +)" #-6%)" !" = (#0'(%,)" 2008, the Chinese company has once '(" *'/%,)'!'%*" 60=>08%)." $'8$2-" 080'(" #+,(%*" # " :^M" #%=$( 2 8-" ! ," '(( /0#'/%" ! ," #$%" 50,>%#'(8" !" #$%" #$%",%=%(#")+662-" !"0"(%?"0+# 50#'=" product. 50=$'(%"=06042%" !"60=>'(8"DW"820))" 4 ##2%)" !" /0,' +)" )';%)" V!, 5" WaF" g to 905 g) in the 4x3 collation in completely closed cardboard boxes.

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<$%" 60=>08%" ')" ! ,5%*" #$, +8$" continuous operation without )# 66'(8" #$%" 50=$'(%." #$%,%! ,%" reaching high production speeds to #$%"0*/0(#08%" !"#$%"%!!'='%(=-" !"#$%" entire line.

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The PID SBP® and relating magazine containing the preassembled )%60,0# ,)"0,%"2 =0#%*"0#"50=$'(%"'(!%%*."04 /%"#$%"60=>08%@! ,50#' (" 0,%0I" & 560,%*" # " #$%" #,0*'#' (02" 5%#$ *" !" '()%,#'(8" +(0))%542%*" corrugated cardboard separators, the PID SBP® allows you to: #" ,%*+=%"#$%"6+,=$0)%"= )#" !"#$%")%60,0# ,)"4-"04 +#"WFc"0(*"#$%'," )# ,08%"/ 2+5%"4-"0#"2%0)#"dFcP" #" 50'(#0'("#$%")05%")60=%" !"0")#0(*0,*"?,06@0, +(*" =0)%60=>%,."4%=0+)%"4 #$"#$%")%60,0# ,)" magazine and the insertion device are mounted '("#$%"+66%,"60,#" !"#$%"60=>08'(8"50=$'(%P" #" speed up the separator insertion process and #$%"2 0*'(8" !"#$%",%2%/0(#"5080;'(%.")'(=%" )%60,0# ,)"0,%"6,%0))%542%*P" #" *%=,%0)%"#$%")%60,0# ,)S")%()'#'/'#-"# "5 ')#+,%"0(*" climatic variations.

4%#?%%("420(>"0(*"= (#0'(%,)."4%##%," (Partition-Inserting Device), which 60=>08%" )#04'2'#-." %0)-" 50(08%5%(#" consists in inserting preassembled !" 60=>)" !, 5" 0" 2 8')#'=02" 6 '(#" !20#" =0,*4 0,*" )%60,0# ,)" '()'*%" #$%" !" /'%?" 0(*" ,%50,>042%" 8,06$'=" cardboard boxes in order to provide =+)# 5';0#' (" !" #$%" 60=>08%" # " 50J'5+5" 6, #%=#' (" !" #$%" 60=>%*" 50,>%#"#$%"6, *+=#I" = (#0'(%,)"!, 5"*0508%" ,"4,%0>08%" 0(*"02) "# "6,%)%,/%"#$%',"204%2)"!, 5" <$%", 2%" !"#$%")%= (*0,-"60=>08'(8" erasure. ')"( #"2'5'#%*"# "#$%"5%,%"!+(=#' (02" 0)6%=#" !" 6, #%=#'(8" #$%" 6, *+=#" inside, but assumes primary '56 ,#0(=%" '(" 0##,0=#'(8" #$%" !'(02" consumer through advertising or 6, 5 #' (02" =0560'8()" *%)'8(%*" ! ," this particular purpose.

Lee Kum Kee also decided to equip #$%"`1"XFF"?,06@0, +(*"=0)%60=>%,." recently installed by SMI, with the PID THE WORD TO THE CUSTOMER Interview with Fan Xiao Gang, Chief Executive of Lee Kum Kee Xinhui

From the left: Jack Lee, SMI Machinery Beijing Co. Sales Account Manager with Mo Guo Dong, Lee Kum Kee Production Manager and Fan Xiao Gang, Lee Kum Kee Xinhui Chief Executive.

Lee Kum Kee Group is a well-known is a true vocation in meeting the Chinese company that provides a (%%*)" !" 022" =+)# 5%,)" 0(*." # " 6+#" wide variety of sauces and seasonings '(# " 6,0=#'=%" #$%" 6,'(='62%)" !" #$%" to more than 100 countries on five = 560(-"! +(*%,"L%%"9+5":$%+(8."0" continents. What is the key to your )6%='02" *%*'=0#' (" '(" #$%" )%0,=$" ! ," success? (%?" 6, *+=#)" 0(*" #$%" 0*06#0#' (" !" existing ones to the new tastes and “For years, Lee Kum Kee is committed 6,%!%,%(=%)" !" +,"/0)#"50,>%#I"<$')" # " #$%" = (#'(+ +)" '56, /%5%(#" !" is how Lee Kum Kee has developed '#)" ,80(';0#' (P" '#)" 50'(" 8 02" ')" 5 ,%" #$0(" NFF" *'!!%,%(#" )+==%))!+2" # " >%%6" 80'('(8" 50,>%#" )$0,%)" # " 6, *+=#)" #$0#." 50,>%#%*" '(" 0" 4%= 5%" 0" ,%!%,%(=%" 6 '(#." ?$%,%" '#" #$ +)0(*"*'!!%,%(#"60=>'(8)."8'/%" +," ')"( #"02,%0*-."! ,"5'22' ()" !"!05'2'%)" =+)# 5%,)"#$%"6 ))'4'2'#-" !"=$ )'(8" )#,+882'(8" ?'#$" ! *" =$ '=%)I"_#" #$%" #$%"! ,50#"#$0#"4%)#")+'#)"#$%',"(%%*)" $%0,#" !"L%%"\+5"9%%S)")+==%))"#$%,%" and our company the possibility !!%,%*I" <$%,%! ,%." '#" ')" %/'*%(#" that providing the right product in #$%" ,'8$#" 60=>08%" 0(*" 0#" #$%" ,'8$#" price has become an imperative priority to retain existing customers and convince potential customers to purchase our products. In addition, among the greatest challenges !0='(8" #$%" &$'(%)%" ! *" '(*+)#,-." we must also consider the constant 5 *%,(';0#' (" 0(*" %J60()' (" !" #$%" 0+# 50#'=" 60=>08'(8" )-)#%5)" #$0#" 022 ?" %!!%=#'/%2-" 50(08'(8" #$%" !,%R+%(#" =$0(8% /%,)" !" #$%" 6, *+=#' (" 2 #)." ! ,50#)" 0(*" 60=>08%)."'56 ))'42%"# "0=$'%/%"?'#$" Above: #$%")-)#%5)" !" 2*"*%)'8(QI" the Chairman of Lee Kum Kee Sauce Group, Charlie Lee (in the middle), receives the “1st Outstanding CSR Entrepreneur Award” from “The Mirror How important is it for Lee Kum Kee Magazine”, on behalf of Lee Man Tat, Chairman of Lee Kum Kee. for SMI to be present in China with local branches and staff?

!" '(#%,=%6#'(8" '(=,%0)'(8" )02%)" ')" !#%(" 0(" '56 ,#0(#" 0*/%,#')'(8" “For our company, a direct presence opportunities”. /%$'=2%."?$'=$" +,"= 560(-"=0("50>%" !" :^M" '(" +," = +(#,-" ')" %))%(#'02." #$%" 4%)#" !" #$0(>)" # " #$%" %J#%()'/%" 0)" ')" #$%" 6,%)%(=%" !" 0" &$'(%)%" What role does the partnership with 6,'(#042%" )+,!0=%" (" #$%" 4 J%)" )#0!!" #$0#" )$0,%)" 20(8+08%." =+2#+,%." SMI play in your entrepreneurial 6, *+=%*" 4-" #$%" :5'!2%J'" `1" )%,'%)" #,0*'#' ()." %#=I" ?'#$" +)I" " <$0(>)" # " success? =0)%60=>%,)I"<$%,%! ,%."'#"')"(0#+,02" #$%" 6, !%))' (02')5" 0(*" 0/0'204'2'#-" #$0#"'("#$%"!+#+,%"L%%"9+5"9%%"?'22" !":^MS)"%562 -%%)"'("&$'(0."L%%"9+5" P_" :5'!2%J'" `1" XaF" 5 *%2" ?,06@" continue to choose SMI as its trusted 9%%" >( ?)" '#" =0(" 02?0-)" = +(#" (" 0, +(*" =0)%60=>%," ')" =+,,%(#2-" partner”. adequate technical and commercial '()#022%*"0#" +,"B'($+'"!0='2'#-"#$0#":^M" support both when it comes to )+662'%*"'("WFFS."?$'=$"? ,>)"'("0(" What are the main challenges that studying new projects to expand automatic production line and helps the food & beverage industry faces our production capacity and also # "'(=,%0)%"#$%"6, *+=#' ("%!!'='%(=-" today in China? ?$%("'#"= 5%)"# " 4#0'('(8"R+02'!'%*"" !"#$%"620(#I"<$%",%=%(#"6+,=$0)%" !"0" technical support to manage at best )%= (*" :^M" ?,06@0, +(*" =0)%60=>%,." P<$%" !0=#" #$0#" &$'(0" ')" #$%" )%= (*" #$%":^M"60=>08'(8"50=$'(%)"'()#022%*" this time a WP 400 equipped with largest economy in the world has '(" +,"620(#)P"?'#$ +#"! ,8%##'(8"#$%" the PID (Partition-Inserting Device), $0*" %( ,5 +)" '(!2+%(=%" (" #$%" '56 ,#0(=%" !" 4%'(8" 042%" # " ,%=%'/%" has enabled us to meet the new *%/%2 65%(#" !" 4%##%," R+02'#-" spare parts in a short time directly 60=>08'(8" (%%*)" #$0#" ,%R+',%" #$%" )#0(*0,*)"! ,"#$%"2'!%" !"#$%"&$'(%)%" !, 5" #$%" *%6 )'#)" !" :^MS)" 2 =02" '()%,#' (" !" 6,%! ,5%*" =0,*4 0,*" people, which have led to a growing branches”. separators between containers *%50(*"! ,"= ()+5%,"6, *+=#)I"M("#$%" 60=>%*" '(" =0,*4 0,*" 4 J%)I" <$%" !0=%" !"#$%)%"#,%(*)."&$'(%)%"! *"e" !2%J'4'2'#-" !"#$%"60=>08'(8"50=$'(%)" 4%/%,08%" 50(+!0=#+,%,)." '(=2+*'(8" !!%,%*" 4-" :^M" ')" 0" >%-" %2%5%(#" ! ," Lee Kum Kee, must constantly evolve Lee Kum Kee that can now bring to the # " 4#0'("#$%"!+22")0#')!0=#' (" !"#$%'," 50,>%#" '#)" ?'*%" /0,'%#-" !" 6, *+=#)" customers and conduct research and 60=>%*" '(" 5+2#'62%" = (!'8+,0#' ()" 50,>%#" )+,/%-)" # " >%%6" '56, /'(8" 0(*" = 220#' ()I" ^ ,% /%,." 60=>08'(8" #$%" R+02'#-" !" 6, *+=#)" 0(*" )%,/'=%)"