First, make the marinade. Whisk together 1/4 cup of granulated sugar, 1/2 tsp of five spice powder, 2 tsp of salt, 1/4 tsp of white pepper, 1/2 tsp of sesame oil, 1 tbsp of Shaoxing wine, 1 tbsp of soy sauce, 1 tbsp of hoisin sauce, 3 tbsp of honey, 2 drops of red food coloring, and 3 cloves of minced garlic.
Add 2 1/2 pounds of chicken thighs to a Ziploc bag. Pour the marinade over the top. Close the bag and coat the chicken in the marinade. Marinate for at least 1 hour. For the best flavor, marinate overnight (this is what I prefer).
Preheat the oven to 425 degrees F (218 degrees C).
Cover a baking sheet with aluminum foil for easier clean up and place a cooling rack on top.
Once the chicken is done marinating, place them on top of the cooling rack. Bake for 15 minutes. Reserve the marinade for later.
Take the chicken out of the oven and baste them with the reserved marinade. Put them back in the oven, and bake for another 15 minutes.
Mix together 3 tbsp of honey, 3 tsp of water, and 1 drop of red food coloring.
Take the chicken out of the oven and baste with the honey basting sauce. Increase the oven temperature to 450 degrees F (232 degrees C). Bake for 5 more minutes.
Finally, baste one more time with the honey basting sauce before serving.