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Express News | Muyuan Foods Says Unit Completes Registration Procedure for Establishment of Wholly-Owned Subsidiary in Vietnam
A couple born in the 1960s returned to their hometown to raise pigs, becoming the richest people in Henan. It is reported that Muyuan Foods will go public in Hong Kong for a second time.
Pork is a common delicacy on people's dining tables and has long been dominant in meat consumption in China. Currently, China is the largest producer and consumer of pork globally. According to the USDA data, in 2024, China's pork production is expected to account for 49% of the global total, ranking first worldwide. The National Bureau of Statistics data also shows that in 2024, China's pork production will account for 59.05% of the main livestock meat production, with a market size reaching trillions. Nowadays, many listed companies have emerged in the hog farming sector, such as Muyuan Foods (002714), which is the largest hog farming enterprise in the country, having slaughtered over 71.6 million pigs last year.
Makihara Co., Ltd.: 2024 Annual Report Summary
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Makihara Co., Ltd.: 2024 Annual Report Summary (English version)
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