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What is the basic situation of Luohe Shuanghui?

Shuanghui is China's largest meat processing base and a national key leading enterprise in agricultural industrialization. It is headquartered in Luohe City, Henan Province. Shuanghui has built 30 modern meat processing bases and supporting industries in 18 provinces (municipalities) across the country, forming a complete industrial chain including feed, breeding, slaughtering, meat product processing, new material packaging, cold chain logistics, and chain commerce. The annual production and sales of meat products are nearly 4 million tons, with more than 1 million sales terminals. More than 10,000 tons of products are sold to all parts of the country every day, and can be achieved morning and evening in most provinces across the country. Shuanghui's brand value is 61.946 billion yuan, ranking first in China's meat industry for many consecutive years.

Wanzhou International (formerly Shuanghui International), the parent company of Shuanghui Holdings, is the world’s largest pork food multinational company, headquartered in Hong Kong. WH Group owns many products and brands that are popular in the market, such as China's "Shuanghui" and the United States' "Smithfield". Shuanghui brand cold meat and Shuanghui King of Kings are household names in China, and the Smithfield brand is well-known in European and American markets. WH Group's products are sold to more than 40 countries around the world. It is the world's largest pork food company with the broadest layout, the most complete industrial chain, and the most competitiveness.

WH Group has 2 listed companies, "Shuanghui Development" (000895) is listed in Shenzhen, and "WH Group" (00288) is listed in Hong Kong. Shuanghui Development ranks 24th in Forbes' "Top 100 Most Innovative Companies in the World in 2014" and No. 1 in Mainland China. WH Group's shares are included in the UK's FTSE Index and the Hong Kong Hang Seng Composite Large Cap Index. In 2016, WH Group entered the Fortune Global 500. In 2017, WH Group was selected as a component stock of Hong Kong’s Hang Seng Index, becoming a major blue chip in Hong Kong stocks. With sales of more than 150 billion yuan in 2018, it is the world's largest pork food multinational company.

Mr. Wan Long, chairman of Shuanghui, has 50 years of management experience in the meat industry. Under his leadership, two listed companies and a visionary, experienced, highly dedicated and focused management team were cultivated. Mr. Wan Long was awarded the "National Model Worker" by the State Council, enjoys special allowances from the State Council, was named "One Hundred Outstanding Private Entrepreneurs in the 40 Years of Reform and Opening Up" by the United Front Work Department of the Central Committee, and was awarded "Top Ten Meritorious Enterprises in China's Meat Industry" by the China Meat Association Home" is respected by the industry as the "Godfather of China's meat industry" and named the global "God of Food" by Time magazine.

After internationalization, Da Shuanghui will continue to adhere to the concept of reform and innovation, adhere to the global development strategy, accelerate global expansion and resource integration, make good use of global resources and markets, and continue to maintain and consolidate its position in the country and the world. Under the guidance of the policy of "Adjusting structure, expanding network, promoting transformation and increasing scale", we will further improve our products, make our brand bigger, strengthen our company, and continue to provide healthy, safe, reliable and fashionable products to serve consumers, Shareholders and society create sustainable value.