World Largest Pork Company WH Group Subsidiary $11 Billion Henan Shuanghui Names Founder Wan Long Age 85 2nd Son Wan Hongwei Age 51 as Chairman of Henan Shuanghui, Eldest Son Wan Hongjian Removed from All Positions in Statement Released in 2021, Wan Long is Billionaire with $1.5 Billion Fortune
6th September 2024 | Hong Kong
The world’s largest pork company WH Group subsidiary Henan Shuanghui ($11 billion market value) has named founder Wan Long (Age 85) 2nd son Wan Hongwei (Age 51) as Chairman of Henan Shuanghui. Wan Long’s eldest son Wan Hongjian was removed from all positions in statement released in 2021. Wan Long is a billionaire with around $1.5 billion fortune. WH Group – WH Group (the “Group”) is the largest pork company in the world, with leading positions in China, the US and key markets in Europe. Our global platform integrates consolidated pork business chain including hog production, hog slaughtering and processing, packaged meats, as well as distribution of packaged meats and fresh pork, to form a leading competitive advantage in the pork industry. WH Group owns subsidiary companies of Henan Shuanghui Investment & Development Co., Ltd. (“Shuanghui Development”) (www.shuanghui.net), Asia’s largest meat processing company, and Smithfield Foods, Inc. (www.smithfieldfoods.com), the biggest pork food company in the US. With our globally renowned brands, WH Group has a rich portfolio of products and a large market network. We also have an unrivalled advantage over our peers thanks to a globally integrated platform that realizes complementary resources and significant synergies. In 2023, WH Group recorded sales of US$26.236 billion. WH Group’s business covers two main segments: packaged meat products and fresh pork. Among them, the packaged meat products segment is the Group’s core business, representing approximately 50% of total revenue and approximately 140% of total operating profit in 2023. In addition, the Group also engages in ancillary businesses that support our primary business segments. In China, these mainly include manufacturing and sales of packaging materials, provision of logistics services, operating a chain of retail grocery stores, producing flavoring agents and natural casings, and biological pharmaceuticals. WH Group has been listed on the Main Board of the Stock Exchange of Hong Kong Limited since 5 August, 2014 under the stock code 288, and was formally included in the Hang Seng Index as a constituent on 4 September, 2017.
“ World Largest Pork Company WH Group Subsidiary $11 Billion Henan Shuanghui Names Founder Wan Long Age 85 2nd Son Wan Hongwei Age 51 as Chairman of Henan Shuanghui, Eldest Son Wan Hongjian Removed from All Positions in Statement Released in 2021 “
WH Group – WH Group (the “Group”) is the largest pork company in the world, with leading positions in China, the US and key markets in Europe. Our global platform integrates consolidated pork business chain including hog production, hog slaughtering and processing, packaged meats, as well as distribution of packaged meats and fresh pork, to form a leading competitive advantage in the pork industry. WH Group owns subsidiary companies of Henan Shuanghui Investment & Development Co., Ltd. (“Shuanghui Development”) (www.shuanghui.net), Asia’s largest meat processing company, and Smithfield Foods, Inc. (www.smithfieldfoods.com), the biggest pork food company in the US. With our globally renowned brands, WH Group has a rich portfolio of products and a large market network. We also have an unrivalled advantage over our peers thanks to a globally integrated platform that realizes complementary resources and significant synergies. In 2023, WH Group recorded sales of US$26.236 billion. WH Group’s business covers two main segments: packaged meat products and fresh pork. Among them, the packaged meat products segment is the Group’s core business, representing approximately 50% of total revenue and approximately 140% of total operating profit in 2023. In addition, the Group also engages in ancillary businesses that support our primary business segments. In China, these mainly include manufacturing and sales of packaging materials, provision of logistics services, operating a chain of retail grocery stores, producing flavoring agents and natural casings, and biological pharmaceuticals. WH Group has been listed on the Main Board of the Stock Exchange of Hong Kong Limited since 5 August, 2014 under the stock code 288, and was formally included in the Hang Seng Index as a constituent on 4 September, 2017.
World Largest Pork Company WH Group Subsidiary $11 Billion Henan Shuanghui Names Founder Wan Long Age 85 2nd Son Wan Hongwei Age 51 as Chairman of Henan Shuanghui, Eldest Son Wan Hongjian Removed from All Positions in Statement Released in 2021
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