Breaking Down New Hope Liuhe Co.,Ltd. Financial Health: Key Insights for Investors

As China's agribusiness titan born in 1998, New Hope Liuhe Co., Ltd. combines a clear mission-"profiting farmers and benefiting food consumers"-with a bold vision to be a global leader in farming and food, operating through more than 640 branches and subsidiaries and a workforce of over 50,000, while delivering scale and trust evidenced by RMB 141.7 billion in 2023 sales and a world-leading 28.76 million tons of feed sold that year; recognized as a national key leading enterprise with an AAA corporate credit rating and a trusted supplier to landmark events like the Beijing 2008 and 2022 Olympics, the company applies core values-new, harmonious, practical, modest-to integrate global resources, promote rural revitalization, ensure food safety and quality, and drive measurable income growth for farmers as it builds a safe, healthy protein and food supply chain for consumers

New Hope Liuhe Co.,Ltd. (000876.SZ) - Intro

• Over 640 branches and subsidiaries across China and overseas
• More than 50,000 employees
• Designated supplier to major events (Beijing 2008 Olympics; Beijing 2022 Winter Olympics)
• Recognized as a national key leading enterprise in agricultural industrialization; corporate credit rating: AAA

• Provide safe, nutritious and affordable food through integrated livestock and feed systems.
• Drive modernization and sustainability in agriculture via technology, scale and supply-chain integration.
• Deliver long-term value to stakeholders while ensuring food security for society.

• Become the world's leading integrated agri-food platform, pioneering green, digital and resilient livestock systems.
• Expand global footprint and influence through innovation in feed, breeding and processed food businesses.

• Safety first - rigorous quality and safety controls across feed and farming operations.
• Innovation - continuous investment in R&D, digitalization and breeding technologies.
• Responsibility - commitment to environmental stewardship, animal welfare and community development.
• Excellence - scale-driven efficiency, operational discipline and financial prudence (AAA credit rating).

• Scale leadership in feed: maintain and grow global #1 position (28.76 Mt in 2023).
• Integrated supply chain: expand pig farming throughput and downstream processing to capture margin.
• Sustainability targets: reduce emissions intensity, improve feed conversion ratios, and enhance waste recycling.
• Financial discipline: sustain robust revenue growth (RMB 141.7 bn in 2023) and preserve high credit standing.

• National key leading enterprise in agricultural industrialization.
• Designated supplier: Beijing 2008 Olympic Games and Beijing 2022 Winter Olympic Games.
• Industry leadership validated by global feed ranking and AAA corporate credit rating.

New Hope Liuhe Co.,Ltd. (000876.SZ) - Overview

• Profiting farmers: targeted procurement, technical extension, and integrated supply-chain support to increase farmer yields and net income.
• Benefiting food consumers: strict product safety controls, quality assurance across processing lines, and R&D for healthier protein products.
• Integrating global resources: international sourcing of genetics, feed ingredients, and technology partnerships to upgrade domestic capacity.
• Rural revitalization: programs to improve farm productivity, establish stable off-take agreements, and promote local employment.

• Farmer income programs: contract farming and guaranteed pricing models that reduce volatility for smallholders, with tens of thousands of partner farms nationwide.
• Food safety investments: capital expenditures in HACCP/GMP-standard processing lines, cold-chain logistics, and third-party testing labs-annual CAPEX running in the billions of RMB to modernize plants and traceability systems.
• R&D & nutrition: sustained R&D spend (hundreds of millions RMB annually) on feed formulation, animal health, and value-added meat products to meet shifting consumer health demands.
• Social outcomes: employment and skills training in rural counties; targeted projects aligned with national rural revitalization initiatives that resulted in increased local incomes and industrial upgrading.

• Upstream integration: expanding genetics, breeding, and feed capabilities to stabilize supply and reduce cost volatility for farmers.
• Downstream quality control: greater vertical integration into processing and cold-chain retail to ensure traceability and meet consumer safety expectations.
• Global partnerships: selective overseas investments and technology imports to close gaps in breeding, biosafety, and food technology.
• Sustainability focus: initiatives to reduce antibiotic reliance, improve waste management, and lower per-unit carbon intensity across production.

New Hope Liuhe Co.,Ltd. (000876.SZ) - Mission Statement

• Vision: To be a leading enterprise radiating and driving agricultural industrialization, integrating global resources to build a safe, healthy food industry chain.
• Social mission: Help farmers increase income and achieve prosperity; contribute to rural revitalization and promote social civilization and progress.
• Customer promise: Meet consumer demand for safe, traceable, high‑quality meat and protein products.

• Vertical integration across feed, breeding, slaughtering, processing and distribution to secure quality and traceability.
• Global resource integration-technology, genetics, and supply partnerships-to bolster resilience and scale.
• Farmer empowerment programs, technical training, and cooperative models to expand household incomes and productivity.
• Food safety systems (HACCP, traceability platforms, cold chain investments) to ensure product integrity from farm to fork.

• Scale high‑quality protein supply: increase processed protein output and product SKUs with full traceability over the next 3-5 years.
• Farmer income uplift: expand cooperative and contract farming programs to increase participating farmers' average income by double digits annually in targeted provinces.
• Food safety & sustainability: reduce on‑farm antibiotic usage and strengthen cold‑chain coverage to achieve industry‑leading safety metrics.
• Globalization: deepen cross‑border partnerships to secure genetics, feed inputs and overseas distribution channels while growing export revenue share.

New Hope Liuhe Co.,Ltd. (000876.SZ) - Vision Statement

• Scale and reach: continue expanding integrated upstream-to-downstream operations across China and selectively overseas to capture growing protein demand.
• Innovation: deploy precision farming, digital supply chains, and biotech advances to improve yield, reduce emissions, and enhance food safety.
• Sustainability: achieve measurable reductions in resource intensity (water, energy) and greenhouse-gas emissions per ton of product.
• Value creation: sustainably grow revenues and margins while preserving capital efficiency and delivering shareholder returns.

• New - innovation and change: investing in R&D, digital platforms, and new product lines to create future growth engines.
• Harmonious - teamwork and stakeholder alignment: integrated operations linking farmers, processors, distributors, and retailers.
• Practical - pragmatic execution: focus on scalable, cost-effective solutions that improve efficiency across the value chain.
• Modest - humility and learning: continuous improvement culture, data-driven feedback loops, and disciplined risk management.

• R&D and technology adoption: pilot farms, digital feed optimization, and traceability systems to improve food safety and margins.
• Vertical integration: strengthen farm-to-table links to control quality, lower unit costs, and shorten supply chains.
• Sustainability targets: resource-efficiency programs and waste-reduction measures embedded in operational KPIs.
• Human capital: training programs to foster a modest, practical workforce oriented toward teamwork and innovation.