Wens Foodstuff Group Explained
| Wens Foodstuff Group |
| Industry: | Food |
| Predecessors: | --> |
| Founders: | --> |
| Successors: | --> |
| Hq Location Country: | China |
| Areas Served: | --> |
| Products: | Pork |
| Owners: | --> |
Wens Foodstuff Group is a Chinese food company specializing in pork production.
Overview
Wens Foodstuff Group is a major pork producer.[1] [2] It is traded on the Shenzhen Stock Exchange (300498.SZ).[3]
The company is also involved in the non-pork meat and dairy business.
History
Wens Foodstuff Group, formerly known as Guangdong Wens Food Group, was founded in 1983.[4]
In 2018 the company's 1.2 million sows produced 22.3 million hogs.[4] In 2019 they were the largest pork producer in China.[5]
Following the 2020 the African swine fever epidemic the company expanded aggressively building mega-farms with multistory pig barns.[6] This growth was largely fueled by debt.[7]
See also
Notes and References
- Web site: China’s Reprieve From Global Inflation Threatened by Pork . bloomberg.com . Bloomberg . 23 July 2022.
- Web site: Reuters . May 31, 2022 . China Pig Breeders Go High-Tech in Self-Sufficiency Push . porkbusiness.com . Pork Business . 23 July 2022.
- Web site: 300498.SZ - Wens Foodstuff Group Co Ltd . Reuters . 30 August 2022.
- Web site: Get acquainted with Wens Foodstuff Group . nationalhogfarmer.com . National Hog Farmer . 23 July 2022.
- Web site: Reuters . May 16, 2019 . China's pork consumption falls as African swine fever spreads . reuters.com . Reuters . 16 July 2022.
- Web site: MINAKAMI . KOICHI . China's recovery from swine fever pushes up international corn prices . nikkei.com . Nikkei Asia . 23 July 2022.
- Web site: Cheng . Evelyn . China’s hog farmers struggle as pork prices swing and throw off debt-fueled expansion plans . cnbc.com . CNBC . 23 July 2022.
