Chinese chili sauce maker Lao Gan Ma logs record sales revenue in 2020 Xinhua | Updated: 2021-02-23 15:13 Established in 1996 in Guiyang, capital of Southwest China s Guizhou province, Lao Gan Ma has developed into one of the largest chili sauce production enterprises in China. [Photo/IC]
GUIYANG - Lao Gan Ma, a major chili sauce maker in China, saw its sales revenue reach a record high of over 5.4 billion yuan ($835.6 million) in 2020, the company s financial report showed.
The figure represented a 7-percent year-on-year increase, the report said.
Established in 1996 in Guiyang, capital of Southwest China s Guizhou province, Lao Gan Ma has developed into one of the largest chili sauce production enterprises in China.
Lao Gan Ma, or ‘chilli crisp’, the Chinese chilli oil that’s hot stuff in the West
Originating from a small food stall in China’s Guizhou province, Lao Gan Ma – known in the US as ‘chilli crisp’ – is now exported to over 30 countries
US professional wrestler John Cena is a huge fan, Facebook groups sing its praises and a clothing brand even sold a hoodie with Lao Gan Ma’s logo