Has Shuanghui brand been acquired by foreign capital?

Yes, Shuanghui brand has been acquired by foreign capital.

Shuanghui brand is a famous meat processing enterprise in China, which was founded in 1958. In 2006, Shuanghui International acquired Shuanghui Group and became the controlling shareholder of Shuanghui Group. The parent company of Shuanghui International is Smithfield Food Company of the United States, which is the world's leading pork processing enterprise and supplier.

Smithfield Food Company acquired Shuanghui International on 20 13 to further expand its business in China. Although Shuanghui brand still occupies an important position in China market, it is actually owned by foreign-funded enterprises.

It is worth noting that Mr. Bandung, the founder of Shuanghui Group, still serves as the chairman of the company and continues to be responsible for the company's operation and management. Although Shuanghui brand was acquired by foreign capital, its product quality and brand image have not been significantly affected, and it still enjoys a high reputation in China meat market.