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What will Muyuan Foods do in the next ten years? On-site institutions and investors focus on these issues | Direct coverage of the Shareholder meeting.
① At the 2024 Shareholders' Meeting of Muyuan Foods, Chairman Qin Yinglin reviewed the past decade, expressing satisfaction in the areas of Business, governance, and compliance; ② In terms of Animal Slaughter meat products, Muyuan Foods indicated plans to increase investment in cut products and small packaging; ③ The proposal for listing in Hong Kong was reviewed and approved at the meeting, and Muyuan Foods stated it would continue to strengthen its overseas Business.
New stock news | It is reported that Muyuan Foods (002714.SZ) has hired CITIC SEC and other Institutions to handle the IPO matters for the Hong Kong stock market.
Informed sources revealed that Muyuan Foods (002714.SZ) has hired CITIC SEC, Goldman Sachs, and Morgan Stanley to handle this year's listing in Hong Kong.
It is reported that Muyuan Foods (002714.SZ) is planning to launch an IPO in Hong Kong this year and has hired CITIC SEC, Goldman Sachs, and Morgan Stanley.
"Bloomberg" cites sources stating that the mainland pig breeding and pork production company Muyuan Foods (002714.SZ) has hired CITIC SEC (06030.HK), Goldman Sachs, and Morgan Stanley for its planned IPO in Hong Kong this year. Earlier reports indicated that the company intends to raise at least 1 billion USD. Sources indicate that discussions are still ongoing, and there are variables regarding the fundraising scale and timetable. Muyuan was established in 1992 and went public on the Shenzhen Stock Exchange in 2014. This year, the stock price has increased by 2%, with a market cap of approximately 241 billion RMB. Its Hong Kong-listed peer, Blue Chip WH GROUP (00288.HK), closed today (16th).
Muyuan Foods has reportedly hired Banks to arrange for its listing in Hong Kong.
Glonghui, May 16 | According to 36KR Holdings, informed sources revealed that Muyuan Foods has hired CITIC SEC, Goldman Sachs, and Morgan Stanley to handle this year's Hong Kong listing affairs. Previous reports indicated that the company plans to raise at least 1 billion dollars through the issuance of Stocks.
Express News | Muyuan Foods: In April, the breeding cost was 12.4 yuan/kg, with a per head cost reduction target of 600 yuan, two-thirds of which has been achieved.
Express News | In 2024, Muyuan Foods has a total cash dividend amount of 7.588 billion yuan.
