New Hope Liuhe Co Ltd (New Hope) is primarily engaged in feed production, pig breeding, and slaughtering. The company has a strong presence in the agriculture and animal husbandry industries. The company’s business portfolio includes feed production, pig breeding and slaughtering, white feather poultry business, and food deep processing business. The feed business produces a variety of feeds, including poultry feeds, pig feeds, aquatic feeds, and ruminant feeds. The white feather poultry business encompasses poultry propagation, commercial poultry breeding, poultry slaughtering, and poultry sales. The food deep processing business has a strong presence in regions such as Sichuan, North China, and East China.

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New Hope has undertaken a variety of R&D initiatives focused on improving pig farming efficiency, disease prevention, and breeding technology. The company is developing pig immunization equipment to enhance industrial immunization operations and researching African swine fever transmission characteristics to improve prevention and control capabilities. It is also working on purification technologies for epidemic diseases, winter disinfection methods, and early warning systems for livestock diseases. The company is advancing whole genome breeding technology and AI-based phenotypic measurement technology to improve genetic progress and breeding efficiency. Additionally, New Hope Liuhe is developing automation and AI technologies for pig farm operations and biosafety, as well as odor control and manure management solutions for pig houses. The R&D activities of New Hope are managed by a scientific and technological innovation system with the Science and Technology Management Committee as the highest decision-making body and the Academic Advisory Committee providing technical guidance. This system covers multiple levels, including forward-looking basic research, applied research, achievement transformation, and promotion and application, relying on major research institutes. As of December 2024, the company has more than 1800 patents. In FY2024, the company spent CNY233.7 million, which as a percentage of revenue stood at 0.2%, and, grew 24.4%YoY.