Muyuan Foods (SZ:002714) Mei Ri Jing Ji Xin Wen·2025-09-01 02:16Group 1 - On August 28, Muyuan Group and Charoen Pokphand Group signed a strategic cooperation agreement in Bangkok, Thailand, focusing on strategic planning, business integration, and global layout [2][3] - The partnership aims to achieve resource sharing and complementary advantages in areas such as feed, pig farming, slaughtering, food processing, talent, and capital [2][5] - Charoen Pokphand Group ranks third globally in terms of breeding sows with 1.115 million heads, while Muyuan Group has 3.43 million heads, resulting in a combined total of 4.545 million heads, making it the largest collaboration between the first and third largest pig farming giants [5] Group 2 - Muyuan Group is actively advancing its international layout, particularly in Southeast Asia, where there is a high demand for pork, with Vietnam's pork production accounting for 60% of total livestock meat production [6] - The region is currently facing challenges due to African swine fever, leading to high pork prices and a pressing need for external intervention [6] - Muyuan Group has begun its international expansion by providing technical services to local companies, such as pig farm design and biosecurity, and has established a wholly-owned subsidiary in Ho Chi Minh City, Vietnam [6][7] Group 3 - The collaboration with Charoen Pokphand Group is expected to enhance Muyuan Group's market presence in Southeast Asia, leveraging Charoen Pokphand's influence in the region [7] - The partnership reflects a strategic response to the Chinese government's encouragement for companies to "go global" and utilize both domestic and international resources [6] - Muyuan Group's advanced technologies, such as multi-story pig farming techniques and smart inspection robots, are anticipated to improve local farming standards and stabilize pork prices [6]