Muyuan Foods (SZ:002714) Sou Hu Cai Jing·2026-01-21 06:16Group 1 - The core viewpoint of the article is that Muyuan Foods, one of the largest pig farming and pork production companies globally, is evaluating investor interest for its upcoming IPO in Hong Kong, potentially raising up to $1.5 billion [1] - Muyuan Foods is expected to list its H-shares in Hong Kong, with Morgan Stanley, CITIC Securities, and Goldman Sachs acting as joint sponsors [1][5] - The company has a vertically integrated business model covering the entire pig industry chain, including breeding, farming, feed production, and slaughtering [1] Group 2 - According to Frost & Sullivan, since 2021, Muyuan Foods has been the world's largest pig farming enterprise by production capacity and output, maintaining the highest output for four consecutive years [1] - The global market share of Muyuan Foods has increased from 2.6% in 2021 to an expected 5.6% in 2024, surpassing the combined market share of the second to fourth largest competitors [1]