Wens Foodstuff Group
IndustryFood
Headquarters
China
ProductsPork

Wens Foodstuff Group (simplified Chinese: 温氏食品集团; traditional Chinese: 溫氏食品集團; pinyin: Wēnshì Shípǐn Jítuán) 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.[4]

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

References

  1. ↑ "China's Reprieve From Global Inflation Threatened by Pork". bloomberg.com. Bloomberg. Retrieved 23 July 2022.
  2. ↑ "China Pig Breeders Go High-Tech in Self-Sufficiency Push". porkbusiness.com. Pork Business. Reuters. May 31, 2022. Retrieved 23 July 2022.
  3. ↑ "300498.SZ - Wens Foodstuff Group Co Ltd". Reuters. Retrieved 30 August 2022.
  4. 1 2 3 "Get acquainted with Wens Foodstuff Group". nationalhogfarmer.com. National Hog Farmer. Retrieved 23 July 2022.
  5. ↑ "China's pork consumption falls as African swine fever spreads". reuters.com. Reuters. Reuters. May 16, 2019. Retrieved 16 July 2022.
  6. ↑ MINAKAMI, KOICHI. "China's recovery from swine fever pushes up international corn prices". nikkei.com. Nikkei Asia. Retrieved 23 July 2022.
  7. ↑ Cheng, Evelyn. "China's hog farmers struggle as pork prices swing and throw off debt-fueled expansion plans". cnbc.com. CNBC. Retrieved 23 July 2022.
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