Muyuan Foods (SZ:002714) Zhi Tong Cai Jing·2026-02-03 06:16Group 1 - The core viewpoint of the articles highlights that Muyuan Foods is a leading player in the pig farming industry, planning to issue 270 million H-shares with a maximum fundraising target of HKD 10.68 billion [1][2] - The company has achieved the largest global market share in pig farming, increasing from 2.6% in 2021 to an expected 5.6% in 2024, surpassing the combined market share of its second to fourth competitors [1] - Muyuan Foods has expanded into the pig slaughtering and meat processing business since 2019, ranking fifth globally and first in China by the number of pigs slaughtered in 2024 [2] Group 2 - The company's slaughtering and meat processing business is projected to have the highest compound annual growth rate in revenue among large Chinese peers from 2021 to 2024 [2] - Muyuan Foods has secured cornerstone investment agreements with several major investors, agreeing to subscribe for shares totaling approximately HKD 5.342 billion, subject to certain conditions [2]