牧原股份赴港上市获证监会备案

Core Viewpoint - Muyuan Foods has made significant progress in its plan to list H-shares in Hong Kong, having received the necessary approval from the China Securities Regulatory Commission (CSRC) for its overseas issuance and listing [1][4]. Group 1: Listing Details - The company plans to issue no more than 546,276,700 H-shares and list on the main board of the Hong Kong Stock Exchange [1]. - The issuance will account for up to 8% of the company's total share capital post-issuance, with an overallotment option of up to 15% of the issued shares [4]. Group 2: Strategic Intent - The listing is part of Muyuan's strategy to enhance its international presence and create a global capital operation platform, aiming to diversify financing channels and tools [5]. - The funds raised will primarily be used for product research and development, overseas market expansion, strategic investments, and to supplement working capital [4]. Group 3: Market Position - Muyuan Foods is recognized as the world's largest pig farming enterprise by production capacity and slaughter volume since 2021, with a global market share in pig slaughtering increasing from 2.6% in 2021 to 5.6% in 2024 [5]. - The company has established strategic partnerships with local farming companies in Vietnam, indicating its commitment to expanding its international operations [4].