Muyuan Foods (SZ:002714) Zheng Quan Shi Bao Wang·2025-05-27 11:07Group 1 - The core point of the news is that Muyuan Foods (牧原股份) has submitted an application for H-share listing on the Hong Kong Stock Exchange as part of its international expansion strategy, aiming to raise funds for further internationalization, innovation, and operations [1] - Muyuan Foods is the world's largest pig farming company by production capacity and output since 2021, with a market share increase from 2.6% in 2021 to 5.6% in 2024 [2] - The company has also entered the pig slaughtering and meat processing business since 2019, ranking fifth globally and first in China by slaughter volume in 2024 [2] Group 2 - In 2024, Muyuan Foods achieved total revenue of 137.947 billion yuan, a year-on-year increase of 24.43%, and a net profit of 17.881 billion yuan, marking a significant turnaround with a growth of 519.42% [2] - In Q1 2025, the company sold 22.658 million pigs, with a total of 5.32 million pigs slaughtered, representing an 81% year-on-year increase [3] - The global pork consumption is steadily increasing, projected to rise from 95.2 million tons in 2020 to 115.3 million tons in 2024, with a compound annual growth rate of 4.9% [3]