Tangrenshen Group Co., LtdWednesday, June 25, 2014
Tangrenshen Group Co., Ltd.
by David LIN and YANG Yang Headquartered in Zhuzhou city, Hunan province, Tangrenshen Group Co., Ltd. is an integrated agricultural company mainly engaged in pig farming, meat processing and feed manufacturing. Founded in September 1992, it was initially a joint venture between Zhuzhou Feed Co., Ltd. and Hong Kong-based Dashenghang Feed Co., Ltd.. The venture soon expanded its business through the acquisition of pig breeding and meat processing enterprises, and formed three major business units that cover feed manufacturing, pig breeding, pig slaughtering and food processing. In March 2011, Tangrenshen Group was listed on the Shenzhen Stock Exchange. Its two largest shareholders, Hunan Tangrenshen Holding Investment Co., Ltd. and Hong Kong Dashenghang Feed Co., Ltd. own 24.77% and 20.06% shares, respectively. Financial status For the third quarter of 2013, Tangrenshen Group realised sales revenue of RMB1.98 billion (US$326.26