The main shareholders of Shuanghui International are: Hero Zone Investment Co., Ltd., China Investment, Guo Group, Yunchang Company, Goldman Sachs Strategic Investment, Fujitec Investment Co., Ltd., Blue Sky Holdings Co., Ltd. and Temasek. Smithfield Foods, founded in 1936, is a global food company with operations in 12 countries. The company's previously announced financial report for fiscal year 20 12 showed that the net profit reached $3,665,438+0.3 million, and the diluted earnings per share was $2.265,438+0; Sales reached 13 1 billion USD, up by 7%. 20 1 1 fiscal year, the net profit of Smithfield Food Company was $52 1 billion, and the diluted earnings per share was $ 3. 12. Smithfield is the world's largest producer of pigs, with 850,000 sows and an annual output of nearly 65,438+0,600,000 commercial pigs.
Smithfield is the world's largest pork producer, with its production and sales far ahead of other competitors in the United States, and its daily slaughter capacity can reach 1 10000, making it the number one pork export supplier in the United States. Smithfield is also the largest supplier of pork products in the United States: it ranks first in the retail and catering channels in the United States, with more than a dozen leading American brands, and many products rank first in the market.
Smithfield has an industry-leading food safety system, a world-class biosafety system and scientific records, quality control throughout the supply chain and excellent product traceability. Product source information can be traced back to pig farms. In Fortune magazine's annual ranking of the most respected enterprises in the world, it ranks second in the food field. At present, Smithfield Company has two pork production bases completely free of "Clenbuterol", which mainly satisfy the export to European Union, Russian Federation, China and other markets. Since June, 20 13, 50% of the farms in Smithfield have been completely free of ractopamine feed. Shuanghui international
Mr. Bandung, Chairman of Shuanghui International, said: "We are very happy to reach this agreement, which is a historic moment for Shuanghui International and Smithfield. This is a strong alliance between China and the United States, the largest pork enterprise in the world's two largest economies, which concentrates the most advanced technology, resources, technology and talents, and complements each other's advantages to form the world's largest pork enterprise, providing high-quality and safe meat protein for the world. After the merger, Shuanghui International promised to keep the operation of Smithfield unchanged, the management unchanged, the brand unchanged and the headquarters unchanged, and promised not to lay off employees or close the factory. And will continue to cooperate with American manufacturers, suppliers and farms. American consumers will continue to enjoy Smithfield's high-quality and safe pork products. After the transaction is completed, Shuanghui International will adhere to the long-term development strategy, focus on developing a high-quality, safe and efficient meat industry, and build a world-class meat enterprise aircraft carrier through the global resource layout. At the same time, we will continue Smithfield's established strategy, maintain its excellent brand and advanced management concept, and complete our commitment to social responsibility and the practice of environmental protection together. "
Smithfield
Larry Pope, CEO of Smithfield, commented. "For all shareholders in Smithfield, as well as American farmers and American agriculture, this transaction is of great significance. Smithfield is the world's leading and most reliable vertically integrated pig breeding and processing enterprise. We are very glad that Shuanghui International recognizes our perfect management mechanism, excellent food safety operation system and 46,000 hard-working employees. Smithfield's future business will be as usual, and everything will only get better and better. We don't think there will be any changes in Smithfield's business operations in the United States and other parts of the world. We will become a part of the enterprise, sharing our confidence in global opportunities and our commitment to uphold the highest standards of product safety and quality. As a part of Shuanghui, we will enjoy each other's expertise and our leading position in China and the United States, the two most important pork consumption markets. We look forward to accelerating the global expansion strategy. "