March 3, 2022
Chinese company profile: Guangxi Yangxiang
Founded in 1998, Guangxi Yangxiang's business covers feed, pig and pork productions and smart pig farming.
The company is also advanced in genome selection and customised animal nutrition. Last year, it was the eighth largest pig breeding enterprise in China. From 2018 to 2020, its annual release volumes of pigs were 1,980,200, 1,422,500 and 2,137,600 heads respectively.
As for animal feed, Guangxi Yangxiang's total sales volume of feed from 2018 to 2020 was 1.846 million tonnes, 1.3158 million tonnes and 1.7331 million tonnes respectively. These volumes positioned the company among the top 30 feed mills in China in 2020. Its feed plants are mainly in Guangxi, Guangdong, Henan, Hebei and Liaoning provinces.
In 2019, there was a significant decline in both pig release volumes and feed sales, mainly due to the impact of African swine fever (ASF). During the epidemic, Guangxi Yangxiang established a so-called "iron barrel preventive measure" by implementing strict measures that sought to raise the pigs in a completely enclosed environment. Various segments of individual farms were strengthened as a result, and these entailed decontamination, testing and isolation. Production lines at pig farms were isolated to prevent disease spreading. This model has become a typical model in the post-ASF era.
As the ASF epidemic started to subside the following year, Guangxi Yangxiang's pig breeding and feed sales gradually recovered. According to the company's 2020 sales revenue, the sales revenue ratio of hogs and feed was 76:23.
In July 2021, Guangxi Yangxiang revealed on the website of the China Securities Regulatory Commission its plan to list on the main board of the Shenzhen Stock Exchange.
- DAVID LIN
