WH Group Limited

Wanzhou International Co., Ltd. (“Wanzhou International”) is the world's largest pork food company. Its market share ranks first in the markets of China, the United States, and Europe. It has a complete pork industry chain including pig breeding, fresh pork, pork products, distribution and sales, and has formed a leading competitive advantage in the pork industry with a unique global vertical integration business platform. Wanzhou International's subsidiary includes the largest meat processing enterprise in Asia, Henan Shuanghui Investment and Development Co., Ltd. (“Shuanghui.net”) and the largest pork food company in the US, Smithfield Foods (www.smithfieldfoods.com), and has many well-known brands, forming a rich product portfolio and a huge market network. The company leverages the advantages of the global industrial chain to achieve complementary resources, and the synergy effect is remarkable. In 2019, the company's total turnover was US$24.103 billion. The company's current business is mainly divided into three segments: meat products, fresh pork and pig breeding. Among them, the meat products business is the company's core business, accounting for more than 50% of revenue and more than 75% of operating profit in 2019. In addition, the company is also engaged in other businesses supporting the main business divisions. In China, these businesses mainly include manufacturing and selling packaging materials, providing logistics services, operating retail chains, producing flavorings and natural casings, and biopharmaceuticals. Wanzhou International was listed on the main board of the Hong Kong Stock Exchange on August 5, 2014, with stock code 288. It was officially included in the Hang Seng Index on September 4, 2017 and became one of the constituent stocks.