The agribusiness knowledge provider

April 28, 2016


New Hope Group launches poverty alleviation project in Yilong  

An agreement was signed between New Hope Group and the Yilong government recently, signifying the launch of a 200,000-head swine breeding project to empower the poor in Yilong, Sichuan.


It is reported that New Hope Group will be investing RMB150 million into the "company +  family farms + poor households" business model, in its efforts to pull 4,000 poor households out of poverty. Besides providing the farmers with piglets and feed, the company will also provide them with unified technical guidance and knowledge of epidemic prevention.


Poverty-stricken Yilong has 285 impoverished villages, or 25,400 poor households, hence, New Hope Group's poverty alleviation project in Yilong, not only illustrates the company's compassion for the less privileged but also its passion to promote the development of modern animal husbandry in rural parts of China.

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