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The relationship between COFCO and Coca-Cola

Joint venture company.

COFCO Coca-Cola Beverage Co., Ltd. is a joint venture between COFCO and Coca-Cola Company, two Fortune 500 companies. COFCO holds 65% and Coca-Cola holds 35%. Founded in 2000, the company is the only bottling group in China controlled by China people, with nearly 20,000 employees. Through the cooperation with Coca-Cola bottling, COFCO can produce, distribute, promote and sell 10 products in this region, including soda water, fruit juice, fruit milk, water and functional water, covering 24 brands around the world.