New Wellful

Hunan New Wellful Co., Ltd. was established in 2001. It is an export-oriented listed company controlled by Hunan Agricultural Development Investment Co., Ltd., and one of the earliest domestic companies mainly engaged in pig breeding and export. On June 9, 2004, the company's shares were listed on the Shanghai Stock Exchange (stock code: 600975). As a state-controlled listed company under the State-owned Assets Supervision and Administration Commission of the People's Government of Hunan Province, New Wellful is a national key leading enterprise in agricultural industrialization, a national high-tech enterprise, an AAAA-level comprehensive logistics enterprise, one of the top 30 enterprises in Hunan's advantageous and characteristic agricultural industries, and the executive president unit of the Hunan Meat Association. It is committed to building a pig industry system that is "safe, nutritious, efficient, high-quality, intelligent, low-consumption, green and ecological." Based on pig breeding, New Wellful has established a full industry chain layout covering feed production, breeding pig reproduction, commercial pig raising, pig slaughtering and meat processing, cold chain logistics, and pig trading. Through building an efficient overall operating system, it has achieved quality control of products at each stage of the industry chain and optimization of product structure, enabling the company to have diversified product categories in the pig industry chain such as live pigs, fresh meat, and frozen meat, as well as rich multi-level product sales channels such as pig export, domestic sales, fresh meat supermarket counters, and telephone ordering. Since its establishment, New Wellful has been engaged in the supply of live pigs to Hong Kong and Macao and is one of the major live pig exporters among mainland port companies.