Henan Shuanghui Investment & Development Co.,Ltd.
双汇发展
000895
Shenzhen Stock Exchange
Company Profile
1. Brand and Scale Advantages As a national key leading enterprise in the field of agricultural industrialization, the company has built a complete meat industry chain, with the slaughtering industry and meat product processing industry as the core, the upstream development of feed industry and breeding industry, the downstream development of packaging industry and commerce, supporting the development of foreign trade industry, condiment industry, etc., forming a meat industry cluster with outstanding advantages in the main business and close coordination of auxiliary industries, with significant cluster benefits and synergistic advantages. Relying on its sound industrial advantages and strong technical strength, the company has launched numerous well-received products in the market. The brand value of its established Shuanghui brand reaches 87.2 billion yuan, firmly ranking among the top in the meat industry. 2. Layout and Network Advantages At present, the company has established more than 30 modern meat processing bases and supporting industries across 18 provinces and municipalities, including Henan, Heilongjiang, Hebei, Shandong, Anhui, Hubei, Jiangxi, Shanghai, Shaanxi, Sichuan and Guangxi. These regions are abundant in live hog resources, ensuring a stable raw material supply for the Company. Meanwhile, the company cooperates with its controlling shareholder Rotary Vortex Limited, leveraging global resources to reduce costs and improve efficiency, effectively enhancing its overall competitiveness. The company has deeply developed the domestic market and built a nationwide sales network with over one million outlets. Its sound industrial layout and extensive sales network enable products to be delivered within the same day in most provinces, meeting consumers’ immediate demand for meat products. The company continues to strengthen channel and network development through multiple measures, including increasing market support, building a professional business team, and applying digital technologies. It is fully promoting the development of terminal outlets and the upgrading of market services. By continuously improving the quantity and quality of outlets, the company further consolidates its core competitiveness. 3. Equipment and Quality Control Advantages The company has introduced internationally advanced technology and equipment to upgrade the traditional meat industry, built modern meat processing bases, and improved the mechanization, automation, standardization and informatization of production. It closely follows cutting-edge global technologies, continuously learns and introduces advanced technologies and experience, and promotes industrial automation upgrading and intelligent transformation, maintaining a leading position in technology. The company took the lead in implementing management systems such as ISO9001, HACCP and ISO22000, establishing a scientific, rigorous and comprehensive internal control system for product quality and safety. It has set up a Quality Management Center and a Quality Research Department, with approximately 1,000 quality control personnel deployed across all links of the industrial chain to fully ensure food safety. In addition, the company actively uses digital technologies to drive intelligent production and has established an information-based traceability system covering the entire process from procurement, processing, warehousing and distribution to terminal sales. This enables full traceability forward and backward, process control and accountability, guaranteeing product quality and food safety. 4. Technical and Innovation Advantages The company owns a national-level enterprise technology center and a postdoctoral research station, as well as several provincial and ministerial R&D platforms including the Henan Meat Technology Innovation Center and Engineering Research Center. It has more than 300 R&D professionals specialized in food science, agricultural product processing, animal husbandry and veterinary medicine, polymer materials and other fields, with industry-leading capabilities in technical research, product development and innovation. The company continues to increase resource investment in product innovation. Through years of accumulation, it has successfully developed more than 1,000 distinctive products, including ham sausages, hams, sausages, canned goods, marinated cooked food, catering ingredients and fresh products. It keeps promoting product iteration and innovation to continuously deliver high-quality food experiences to consumers. Meanwhile, its strong comprehensive R&D capabilities maintain the company’s edge in production and processing technologies and new product development, consolidate the brand’s market competitiveness and influence, and continuously revitalize the enterprise with new vitality. 5. Talent and Management Advantages The company’s management team consists mainly of long-serving experts in slaughtering and processed meat processing. With in-depth understanding of the meat industry, extensive professional experience and outstanding corporate management capabilities, they can clearly perceive market changes, accurately seize market opportunities and lead the steady development of the enterprise. The company attaches great importance to the continuous introduction and training of talents, establishing diversified recruitment channels, a systematic training system and open and transparent promotion paths. It continuously strengthens the construction of talent echelons, leveraging talent as a driving engine to empower sustainable development. Focusing on strengthening the core business and expanding auxiliary businesses, the company has introduced internationally advanced management systems and optimized and innovated them according to its own practical needs. It adopts a business unit management model, dividing the business into multiple independent divisions with full operational autonomy, greatly improving the level of professional operation. At the same time, the company accelerates digital transformation, fully advances management optimization and efficiency revolution, fosters new quality productive forces, and promotes high-quality development. Going forward, the company will remain focused on its core meat business and implement the “Four Modernizations” strategy: further advancing industrialization, expanding meat business diversification, promoting internationalization, and driving digitalization. With the mission of better satisfying people’s demand for meat products, the company will continue to expand its industry, optimize its products and strengthen the enterprise, contributing to the development of the industry and social progress.
Full description
In the first quarter of 2026, amid a challenging market environment, the company vigorously advanced its Four Modernizations Strategy, pressed ahead with innovations in market expansion, marketing and management, and empowered operations through digital transformation. By seizing the peak sales period during the Spring Festival, it secured a sound start to its business performance. During the first quarter, the company’s external meat sales volume reached 880,000 tons, a year-on-year increase of 14.9%. Its total operating revenue stood at 14.6 billion yuan, a year-on-year increase of 2.1%. Total profit amounted to 1.72 billion yuan, a year-on-year increase of 12.5%, and net profit attributable to parent company shareholders was 1.29 billion yuan, a year-on-year increase of 13.6%. Fresh Products Business Adhering to the business strategy of "stabilizing profits and expanding scale", the company capitalized on low pork prices to rapidly expand its customer base and strengthen the development of terminal sales outlets, driving a significant growth in production and sales scale. The external sales volume of fresh pork hit 399,000 tons, an increase of 15.7% year on year. The profitability of fresh products improved, while that of frozen products declined year on year, sustaining overall stable earnings. Meat Products Business The company further deepened specialized market reforms, increased investment in marketing expenses and improved service capabilities. Sales via traditional channels reversed the downward trend and rose by 7.4% year on year, while sales through emerging channels surged 53.6% year on year. Overall sales volume of packaged meat products increased by 15.1% year on year. The average profit per ton maintained a steady uptick, with the segment’s total profit climbing 19.4% year on year. Other Business Segments The hog breeding business achieved higher output; however, due to low hog prices and underperforming farming results, its losses widened year on year. The poultry industry registered substantial scale expansion with improved breeding efficiency, leading to a notable year-on-year reduction in losses. In the first quarter of 2026, the company continued to promote digital transformation and management upgrading, with key initiatives as follows: 1.Market Digitalization: The new cloud business platform for Shuanghui meat products was launched. Measures including labeled management of sales outlets and targeted marketing task distribution were rolled out to bolster market competitiveness. 2.Management Digitalization: In partnership with Kingdee, the company launched the strategic upgrading projects for Shuanghui ERP and human resources digitalization, to reshape business processes and enhance organizational capabilities. 3.A training institution for fresh produce sales was established to provide professional support for the construction and daily operation of fresh food stores. 4.Systematic upgrading of human resource management was carried out, including the transformation into a three-pillar HR management model and the introduction of a job rank system, to build a solid talent foundation for high-quality development.