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Company History
Establishment Date
June 26, 1971
Establishment
Ching-tsun Chen established the Company to produce feed for pigs and chickens in June, 1971. The original name of the Company was Guoben Industrial Co. Ltd. and the paid-in capital was NTD 3,000,000. The canned pickle factory was completed in 1977 to produce pickled cucumber, spicy cucumber, daikon in bean paste, pickling melon in sauce and black bean products. The Company was renamed to AGV Products Corporation in September, 1983 and operates to this day.
From 1972 to 1985, there were 5 cash capital increases, one recapitalization from capital surplus, and one recapitalization of earning and merger of AGV Products Corporation. The capital increase from the merger totaled NTD 177,000,000 and the capital after increase reached NTD 180,000,000.
1986
Merger of Ai-xin-wu Co., Ltd. The capital increase from the merger was NTD 4,992,000 and the capital reached NTD 184,992,000. The cash capital increase was NTD 31,008,000 and the total capital was NTD 216,000,000.
Introduction of new product Neo Neo Ten Huba.
1987
Introduction of new products such as ginseng vinegar, apple vinegar, instant drinks and spicy pickled cucumber.
1988
The cash capital increase was NTD 190,000,000, the recapitalization of earnings was NTD 54,000,000 and the total capital was NTD 460,000,000.
Construction of fast food factory in response to rapid growth and new product development.
Introduction of new products such as Missik, pearl sago and mustard.
1989
The cash capital increase was NTD 229,000,000 and the recapitalization of earnings was NTD 100,000,000. The total capital was NTD 789,000,000 and the Company was listed as a public company approved by competent authority in October 28.
Extension of food factory, finished product warehouse and construction and purchase of business location; extension of pig house and Song-Shan-Ling farm to develop the pig industry.
Introduction of new products such as mapo tofu and vegetarian barbecue sauce.
1990
The recapitalization from capital surplus was NTD 211,000,000 and the total capital was NTD 1 billion.
Introduction of new products such as delicious food sauce, longan tofu pudding, peanut tofu pudding, Laqi, honey herbal jelly, iced mung bean cake, milk peanut soup, coffee and chocolate.
1991
Recapitalization from capital surplus was NTD 198,000,000 and the preferred share issued by increased cash capital was NTD 350,000,000. The total capital was NTD 1,548,000,000.
Introduction of Chinese prepared foods such as pig’s feet with potatoes, braised pork ball in brown sauce, braised beef, braised pork with pickled vegetables and pork with pickling melon; canned vegetarian foods such as vegetarian braised mushroom, vegetarian braised pork and vegetarian mapo tofu. Introduction of canned drinks such as nectar black tea, rhinacanthus nasutus tea, starfruit juice, V21 mixed juice, plum juice and Xiao Xian-Zhu.
1992
The recapitalization from capital surplus was NTD 71,880,000 and the total capital was NTD 1,619,880,000.
Introduction of drinks such as white gourd drink and wheat black tea and canned prepared food such as curry vegetarian meat, steamed pork ribs with black bean sauce, pork ribs with bitter gourd and curry pork.
1993
Introduction of canned drink series such as coconut jelly, almond pie, peanut pie, papaya pearl and oolong.
To improve business efficiency, the feed and livestock business was terminated in the first quarter of 1993 due to its low added value of products and high costs for pollution prevention.
To develop diversified operation and make effective use of the Company’s land resources, the construction department was established in 1993.
The recapitalization from capital surplus was NTD 126,988,000 and the cash capital increase was NTD 120,000,000. The total capital was NTD 1,866,866,000.
1994
The recapitalization from capital surplus was NTD 163,132,000 and the total capital was NTD 2.03 billion.
The food department introduced canned prepared food mutton stewed with angelicae radix and drinks including carton-pack lemon tea, osmanthus oolong and green tea as well as bottled oolong and Sasaya coconut drink.
The construction department built the “Ai-Jia-Cun” garden villa with 19 households.
1995
Introduction of canned red bean soup with jelly cake, vegetable stock, canned tuna and canned drink series such as wheat tea, roselle tea, herb tea, sports drinks and apple soda.
The recapitalization from capital surplus was NTD 168,000,000 and the recapitalization of earning was NTD 168,000,000. The total capital was NTD 2,366,000,000.
1996
The recapitalization of earnings was NTD 141,120,000 and the total capital was NTD 2,507,120,000.
Introduction of products such as kumquat lemon juice, salted mackerel with ginger and teriyaki fish fillet.
1997
The recapitalization from capital surplus was NTD 125,350,000 and the recapitalization of earning was NTD 250,710,000. The total capital was NTD 2,883,180,000.
Introduction of products such as Taiwanese kimchi, Korean kimchi, sliced burdock, soybean milk, Hawaiian juice, cane asparagus juice, coconut with cane &asparagus, herb tea with white gourd, Sasaya pomelo, roselle nectar, kumquat honey, four flavor juice and milk oatmeal.
1998
The recapitalization from capital surplus was NTD 161,450,000 and the recapitalization of earning was NTD 256,600,000. The total capital was NTD 3,301,250,000.
Introduction of peeled chili pepper, konjac mung bean soup with jelly cake, malt beverage and nable came asparagus juice.
1999
The recapitalization from capital surplus was NTD 92,430,000 and the recapitalization of earning was NTD 72,630,000. The total capital was NTD 3,466,310,000.
Introduction of red bean milk, peanut milk, lemon asparagus juice, braised potatoes and a Hello Kitty series of products.
2000
The recapitalization from capital surplus was NTD 103,990,000 and the recapitalization of earning was NTD 69,330,000. The total capital was NTD 3,639,630,000.
Introduction of products such as New Zealand milk tea, green tea with milk, burdock tea, chutney, vegetarian barbecue sauce and Wang-Ke.
2001
Introduction of products such as crystal sugar seaweed with honey, crystal sugar seaweed with plum, laver sauce, hot pot-Kimchi hotpot, spicy stinky tofu hotpot, konjac pearl, pearl milk tea, hawthorn plum juice, orange juice, guava juice, PET2000 fresh green tea and fresh oolong.
Packaged products for business: products such as tree mushroom and needle mushroom, pot-stewed bamboo shoot and sliced cucumber.
A shareholders’ meeting was held to re-elect directors and the change reached above one-third of the directors. The Company has conducted the announcement and report based on relevant regulations of the competent authority; a new general manager was newly hired on June 12 and served concurrently as the spokesperson.
2002
Introduction of products such as yam gluten, CPP milk peanut soup, fresh tomato juice series, bulk coconut milk for catering, king of green tea, fresh sliced cucumber and Japanese dried bamboo shoots.
2003
Introduction of products such as fresh fruit and vegetable juice, fresh orange juice, healthy oil, olive and grape seed oil, Chin Lung 28℃ kaoliang spirit, captain cook coffee, roselle capsules, tomato stock hotpot, spicy tomato hotpot, highland milk yogurt drink, popsicle and ice cream.
2004
Introduction of anthocyanin grape seed, red guava juice, roselle health drink, roselle health beverage, barley tea, mini-tuna fillet, healthy sunflower grape seed oil, highland fresh milk, zero fat yogurt drink, red guava juice, kumquat orange juice, mango juice, highland whole milk, highland low-fat milk and roselle capsules.
2005
Capital increase of NTD 68,630,000 due to the transferring of overseas convertible corporate bonds to common stock. The total capital was NTD 3,708,260,000.
Introduction of products such as healthy oil-cut green tea, healthy oil-cut puerh tea, William milk tea, apple polyphenols beauty juice, spicy sauce, golden grape seed oil, Niu Mama whole milk, hami melon flavored milk, hazelnut chocolate flavored milk, light lemon fermented milk, light apple fermented milk, original fermented milk, raspberry mixed berry juice, pineapple tomato juice, healthy sugar-free tea (Gyokuro green tea), fruit and vegetable flavored milk, Niu Mama juice flavored milk, Niu Mama malt flavored milk and Niu Mama chocolate flavored milk.
2006
Capital increase of NTD 68,630,000 due to the transferring of overseas convertible corporate bonds to common stock. The total capital was NTD 3,776,890,000.
Introduction of pickled needle mushroom, low-sugar tea-Gyokuro green tea, low-sugar tea-chin-shin-oolong, low-sugar tea-jasmine green tea, oil-cut green tea, golden green tea, golden oolong, golden oil-cut green tea, golden oil-cut oolong, CLIO charcoal-filtered water, Sasaya coconut milk, puerh tea, golden grape seed oil, pineapple tomato juice, plum tomato juice, oligo wheat tea, highland vegetable and fruit milk, colostrum milk, Healthy Reason “natto kinase” and Healthy Magnate “three-in-one lycopene powder.”
2007
Introduction of Okinawa brown sugar eight treasures, agar low-sugar-high-mountain green tea, agar oil-cut golden oolong, golden teapot herbal tea, Yu zhen-gu pickles, Northern Europe mackerel, tomato juice (dietary fiber strengthening), catechin healthy oil-cut green tea, corn milk, blueberry litchi, three-leaf tea (roasted oolong, ice brew green tea), Chinese Teahouse (herb tea, white gourd tea), agar lemon, agar passion fruit green tea, Lan Xin-mei black currant cranberry juice, agar grass jelly, agar brown sugar white gourd jelly, healthy low-sugar light capsule, Aiken light capsule, healthy low-sugar light tea bag, healthy low-sugar light temple tea bag, Aiken burdock health capsules, Aiken GOBO burdock extract and AGV all-in-one glucosamine health capsules.
2008
The cash capital increase was NTD 700,000,000 and the total capital was NTD 4,476,890,000.
Introduction of products such as AGV agar drink, 3A straight healthy capsule, agar yakult, iced grass jelly, lemon plum green tea, three-leaf tea-Shizuoka (sugar-free), oil-cut digesting tea, agar honey green tea, agar guava green tea, dense mesona tea, oil-cut coffee (sugar-free, light sugar), pure dense oats (original, milk flavor), Redgold Bank tomato drink, AGV kakorot health caplet, Okinawa slimming tea, AGV 3A visual element health capsules, Aiken lycopene health capsule, Aiken slimming capsules, healthy oil-cut catechin slimming capsules and AGV healthy sugar-cut tea.
2009
Je-fang Chen was re-elected as chairman and Mr. Ching-tsun Chen as permanent founder in September 29, 2009.
Introduction of products such as agar dense mesona, red bean oats, honey oats, agar orange, agar lemon black tea, agar coffee jelly, agar milk tea jelly, pure dense oats (red bean, honey) PET350, grain milk, grain milk OligoPET1000, coconut jelly pickles (Jeju Island spicy flavor, Hokkaido cheese flavor), olive and grape seed oil, ultra-low soot healthy oil, Redgold Bank viable bacteria capsules, Redgold Bank oil-cut slimming probiotics, Aiken slimming capsule, king trumpet mushroom vegetarian meat (180g, 370g), vegetarian Korean kimchi series (180g, 360g), happy pickle gift box, adlay soup 340g, agar dense mesona series (600g, 990g), olive and grape seed oil 1.5L and ultra-low soot healthy oil 2.6L.
2010
Introduction of products such as grain milk OligoPET350, vegetarian braised pork with mushroom 350g, Kampo spicy chili sauce165g、vegetarian fried bean sauce 250g, brown sugar walnut with dried longan, brown sugar black glutinous rice with red bean, white yam with adlay, milk oats with adlay, agar white grape aloe 330g, premium adlay drink 1000g and 350g, agar traditional mesona PP460, agar white gourd PP460.
2011
Secured convertible corporate bonds of NTD 1.1 billion was first issued in the nation; the second unsecured convertible corporate bonds issued in the nation was NTD 300 million.
The cash capital increase was NTD 500,000,000 and the total capital was NTD 4,976,890,000.
Introduction of products such as Sasaya Besame coffee latte (espresso tea latte), AGV oil-cut coffee (sugar-free), HappyRanch healthy milk PET900, fresh tomato sauce, Sukiyaki eel (teriyaki, spicy flavor), Japanese barbecue sauce, traditional salty congee, English digesting tea, kakorot digesting tea, Super Functional Tea Drink-English black tea, peaceful fazi tea 540g, oil-cut black tea, adlay wheat tea, purple perilla dark plum drink, jasmine tea, plum starfruit juice, plum tomato juice and Japanese green tea. Oligo tomato juice, fresh tomato juice, OEMGA golden blending oil, quality canola high-temperature resistant blending oil, Aiken lycopene-the power of seeds, AGV brightening 3-in-1 caplet and natto kinase new generation compound capsules.
2012
Introduction of products such as HappyRanch healthy milk PE1837, HappyRanch French chestnut flavor and walnut chocolate flavor PET900, purple sweet potato, fresh tomato juice PP450, pure dense oats-original flavor (PET880, 300), pure dense oats (red bean, milk, honey) PET880, grain milk PET880, premium adlay drink PET300, Korean (Italian) mackerel, IQ Walnut milk, wheat tea (bag), CLIO natural glacier water, Super Functional Tea Drink- French white tea, digesting tea (turmeric), peaceful fazi tea 1000g, coconut milk (light formula) 600g, coconut milk (tetra prisma aseptic) 250g, Chao Jiang (165g and 360g), wheat tea 540g, AAA tuna 150g and Aiken top-class fish oil.
2013
The third domestic unsecured convertible corporate bonds amounting to NTD 1 billion was issued.
Introduction of pickled cucumber 380g, golden ratio (2.0L, 2.6L), European cold pressing (2.0L, 2.6L), read bean oats TPA250g, grain oats TPA250g, grape cranberry juice 1000g, wheat tea 2000g, brightening 3-in-1 caplet, bamboo shoot with Alishan camellia oil and Happy nutrition brewing pack.
2014
Introduction of black fungus bamboo shoot 190g, fruit pickles 190g, sweet chili sauce hose 390g, AAA tuna 170g, tomato TPA250, lite-lemon tea 530ml, grapefruit green tea 600g, healthy oil-cut 500g, mate digesting tea 600g, Super Functional Tea Drink PET1000, tomato red guava PET1000, pure dense oats (milk) TPA250, William Arabica coffee TPA250, William Ceylon milk tea TPA250, agar jelly drink-mesona, lemon, passion fruit green tea, dark plum PP400 and red secret code lycopene capsules.
2015
The canceled treasury stock was NTD 104,840,000 and the capital after cancellation was NTD 4,872,050,000.
Introduction of fresh pickled cucumber 3kg, fresh choy sum 3kg, pickled bamboo shoot 3kg, QQ gluten 3kg, sweet chili sauce squeeze bottle 390g(hose), red bean panna cotta CAN340g, thick sliced tuna 170g, AZUKI red bean water PET540g, HATOMUG adlay water PET540g, classic apple lemon juice PET300, classic blueberry grape juice PET300, classic apple pomegranate juice PET300, lemon coconut sport drink PET590, apple coconut sport drink PET590, mango oats PET290, mango oats PET880, kiwifruit oats PET290, kiwifruit oats PET880 and Hong Shen-xian roselle health capsules.
2016
The recapitalization from capital surplus was NTD 73,080,000 and the total capital was NTD 4,945,130,000.
Introduction of black soy bean and pickling melon 130g, konjac red bean soup with jelly cake CAN340g, Dan Dong-hong red gold treasure deluxe congee CAN340g, mung bean with adlay dessert soup CAN340g, black soy bean water PET530g, roselle fiber drink PET530g, Nestea lemon tea TBA300, Nestea lemon tea PET530, Nestea lemon tea PET990, Nestea lemon tea PET1250, Frescafina apple juice PET530, Frescafina watermelon juice PET530, Frescafina kakorot juice PET530, Frescafina-100% Floeida premium orange juice PET268, Frescafina-100% apple juice PET268, peanut milk latte PET880 and Aiken type 2 collagen health capsules.
2017
Introduction of kumquat sweet & sour sauce 165g, deli style tuna 110g, Imperial Harvest whole kernel sweet corn 340g (12oz), brown sugar mesona 340g, AGV wheat tea PET590 (new), Nestea Assam simmered milk tea TBA250, Nestea honey lemon premium tea TBA300, Nestea honey lemon premium tea PET530, Nestea honey lemon premium tea PET1250, Nestea Ceylon black tea PET530, milk oats PET290, milk oats PET880, quinoa royal PET280, quinoa royal PET880 and Aiken burdock extract 60 caplets.
2018
Kuan-han Chen was re-elected as chairman and Mr. Je-fang Chen as founder and honorary chairman in June 14, 2018.
Introduction of Green Beauty peeled chilis (glass) 200g, AGV Seakuasa chili sauce (glass) 165g, AGV Sasaya viva coconut eight treasures CAN340g, AGV catechin power green tea PET500g, Nestea Assam simmered milk tea PET500ml, Nestea steamed organic tea PET550ml, Nestea steamed organic tea PET990ml, Nestea French milk tea PET530ml, Okara soy drink (sugar free) PET250, Okara soy drink (Oligo) PET250, Okara soy drink (sugar free) PET880, Okara soy drink (Oligo) PET880, wheat drink (sugar free) TR400, wheat tea (classic original flavor) TR400, AGV Univita smoothing caplet 180 caplets, AGV Univita royal jelly lactobacillus 30 individual packs per bag, AGV abyssal fish oil capsule 60 capsules/pack and Aiken marigold lutein capsule 60 capsules/pack.
2019
Introduction of three pickles pack (potato & pickled cucumber & choy sum) 170g, AGV peanut milk CAN340g, AGV peanut eight treasures CAN340g, AGV peanut tofu pudding CAN340G, Neo Neo Ten Huba (Okinawa brown sugar flavor) CAN340g, AGV multi-fibre wheat tea (sugar-free) PET590ml, AGV Hua-dun apple soda PET600ml, Nestea lemon tea TBA330ML, OKINA Okinawa deep water PET850ML, Nestea organic chamomile tea PET550ml,Nestea Okinawa brown sugar milk tea PET530ml, Nestea double rich Assam milk tea PET530ml, AGV golden ratio pure canola oil PET1.0L, AGV golden ratio pure canola oil PET2.6L, AGV golden ratio pure canola oil PET3.0L, AGV organic pure dense oats (natural flavor) PET340ML, fresh milk tea TR400ml, fresh milk tea TR900ml, wheat tea (sugar-free) TR900ml, wheat tea (quarter sugar) TR900ml, strawberry oats PET290ml, strawberry oats PET880ml and Sasaya coconut milk TR400ml.
2020
Kobe BBQ sauce (glass) 200g, Dongdaemun famous BBQ sauce (glass) 200g, Unforgettable walnut oats CAN340g, Nestea double rich chocolate milk tea PET550ml, Nestea honey flavor oolong PET590ml, OKINA probiotic water PET500ml, pure dense oats (double effect glucosamine) PET290ml, pure dense oats (oat milk for barista) PET990ML, natto kinase compound capsule 60 capsules/pack, kakorot health caplet 220 caplets/box, double effect glucosamine PET290ml, AGV oat latte TPA200ml, AGV milk peanut soup TP oat latte TPA200ml, AGV peanut milk latte TP400ml and AGV Sasaya coconut milk (original flavor) TR400ml.
2021
Hakka Pickled Bamboo Shoot (glass jar) 120g, Curry Tofu CAN 250g, Ice Brew Barley Drink (Unsweetened) PET 590ml, Ice Brew Barley Drink (Unsweetened) PET 990ml, Unsweetened Activate Green Tea PET 590ml (bottle), OKINA Deep Natural Electrolyte Water PET 450ml, Nestea French Cocoa Mousse Milk Tea PET 500ml, Nestea Italian Panna Cotta Milk Tea PET 500ml, Premium Blend Cooking Oil (containing Omega-3) 2.6L, Premium Blend Cooking Oil (containing Omega-3) 3.0L, Premium Oat Drink (Barista Oat Latte) PET 250ml, Premium Oat Drink (Sesamin Easy Sleep Plus) PET 290ml, Sasaya Coconut Drink (Original) PET 250ml, and Premium Oat Drink (co-branded with Taipei Zoo) TPA200ml.
2022
Launch new products including Curry Tofu 250g, and AGV Mico-Ice Wheat Tea: (sugar-free) PET590ml.
2023
Honey Oatmeal Drink 290g.
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