Zhongpin Food, a company listed in Nasdaq, scored a sales revenue of $2.9 billion in 2009 and $5.4 billion in 2008, accredited to the rapid expansion of its business.
The company increased its hog slaughter capacity from 4.5 million heads in 2007 to 8.5 million heads in 2008 and is expected to increase its capacity to 13.3 million heads in 2009.
Through cooperation with Thailand Chia Tai Group, Zhongpin has expanded its hog production to 4 million heads a year, ranking itself the largest hog producer among hog slaughter companies in China.
|
