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Muyuan and Shuanghui Development announced on January 3 that the two parties signed the "Shuanghui Muyuan Strategic Cooperation Framework Agreement" on the 1st
At the signing ceremony, Wang Chengqi, deputy director of the Henan Provincial Department of Agriculture and Rural Affairs, said: "Shuanghui is deeply involved in slaughtering and processing, which is the largest meat processing company in China; Muyuan is deeply involved in pig breeding, which is the largest pig breeding enterprise in the country
In this strategic cooperation, Shuanghui Development has opened up a green channel and implemented a 24-hour, priority purchase of Muyuan shares for direct supply of live pigs
"The signing of a strategic cooperation agreement between Muyuan and Shuanghui Development is a big step in the development of both parties and a big step in the transformation of the industry structure
In order to cope with the downward pig cycle, pig enterprises usually extend the industrial chain to the slaughtering and manufacturing enterprises in the middle and lower reaches to ensure the stability of the industrial chain of both parties
At the 2022 Shuanghui Manufacturer Development Seminar, Wan Long, Chairman of Shuanghui Development, said that in 2022, the company will continue to improve its industrial chain upstream, speed up the upgrading and transformation of the slaughtering industry, and transform to scale, automation and informatization to further enhance its competitiveness