Sales: $860 million
Key Personnel: Xie Wenjian, chairman.
Major Products: Liushen, Maxam, Jia An, Shanghai Viv, Herborist, Chinfie and GF.
Comments: Shanghai Jahwa United Co. Ltd. is China’s largest domestically-owned personal care and household product company. Its key product offerings include daily-use personal care products, cosmetics, perfumes and essence, as well fresh and refreshing oils, disinfectants, detergents and pesticides.
The company was called Hong Kong Kwong Sang when it was founded in 1898, and made its name before China came under Communist rule with a product called Shanghai Vive toilet water.
The company has 1,500 employees and is posting annual sales growth of 19%. According to Shanghai Jahwa executives, the focus is on super brands such as Herborist, a personal care brand based on Chinese herbal medicine.
Shanghai Jahwa was rocked by scandal a year ago when chaos reigned at an extraordinary shareholders meeting at Shanghai head office. Top management was grilled by more than 100 shareholders on a proposal to remove from the board of directors Wang Zhuo, who was dismissed as general manager of Shanghai Jahwa on May 12. The scandal sent Shanghai Jahwa’s stock price down 40%.