Wellhope Foods Co., Ltd. (603609.SS) Bundle
Since its founding in April 1995, Wellhope Foods Co., Ltd. has grown into a national and international agri-food force: operating more than 200 subsidiaries, reaching all 32 provincial-level regions of China and markets abroad, and building production sites in Belt & Road countries such as Nepal, Indonesia, and the Philippines; in 2024 the group produced 8.79 million tons of feed, marketed 1.40 million hogs and, together with partners, processed 920 million broilers, while its 2006 strategic partnership with Royal De Heus sharpened R&D and global access-anchoring a mission committed to "advanced technology, professional service, and high-quality products" that emphasizes resource conservation, environmental protection and food security, a vision to become a world-leading agriculture, livestock and food company, and core values of Integrity, Responsibility and Win‑Win that Chairman Jin Weidong reiterated in 2025 as central to Wellhope's culture and stakeholder relations.
Wellhope Foods Co., Ltd. (603609.SS) - Intro
Wellhope Foods Co., Ltd., established in April 1995, has grown into one of China's leading integrated agribusiness groups with vertical capabilities spanning feed, breeding, farming, processing and related animal-health and smart-farming services. The company is listed on the Shanghai Stock Exchange (603609.SS) and operates an extensive domestic and international footprint.- Founded: April 1995
- Listing: Shanghai Stock Exchange - 603609.SS
- Subsidiaries: 200+ nationwide
- Geographic reach: products sold in all 32 provincial-level regions of China and in international markets
- International production facilities: Nepal, Indonesia, Philippines (Belt and Road presence)
- Strategic partnership: Royal De Heus (since October 2006) - enhanced R&D and access to global feed technologies
| Metric (2024) | Value |
|---|---|
| Feed production | 8.79 million tonnes |
| Hogs marketed | 1.40 million head |
| Broilers processed with partners | 920 million birds |
| Subsidiaries | 200+ |
| Provincial-level coverage (China) | 32 regions |
Mission
- Provide safe, affordable and high-quality animal protein and feed to support food security and rural livelihoods.
- Integrate advanced R&D, digital farming and biosecurity to raise production efficiency and product safety across the supply chain.
- Deliver sustainable growth and long-term value for shareholders, employees and farming partners.
Vision
- Be a world-class integrated agrifood leader recognized for safe protein production, technological innovation and responsible environmental stewardship.
- Scale domestic leadership into a resilient global platform through Belt and Road partnerships and selective overseas operations.
Core Businesses & Strategic Capabilities
- Feed production - large-scale feed mills and proprietary formulations (8.79M t produced in 2024).
- Broiler integration - contract and integrated processing (920M broilers processed with partners in 2024).
- Swine farming - multi-region production and marketing (1.40M hogs marketed in 2024).
- Meat processing - downstream value capture across poultry and pork channels.
- Smart farming equipment - automation, IoT and data-driven management for farms.
- Animal health products - vaccines, nutrition and prophylactics to improve biosecurity.
- Pet healthcare - growth segment aligned with rising domestic pet ownership.
Strategic Highlights & Operational Scale
- Vertical integration: from feed R&D to live production and processing, reducing margin leakage across the chain.
- R&D collaboration: long-term strategic tie-up with Royal De Heus (since Oct 2006) boosting genetics, nutrition and feed technologies.
- International expansion: production sites in Nepal, Indonesia and the Philippines support regional supply and export capabilities.
- Network scale: over 200 subsidiaries enabling wide distribution, contract farming and localized operations across 32 regions.
For detailed financial analysis and investor-oriented metrics, see: Breaking Down Wellhope Foods Co., Ltd. Financial Health: Key Insights for Investors
Wellhope Foods Co., Ltd. (603609.SS) - Overview
Mission Statement:
'Through advanced technology, professional service, and high-quality products, Wellhope is devoted to the development of China's animal husbandry industry, resources conservation, environment protection, as well as food security for the benefit of people.'
- Founded: 1995 - the mission has guided corporate strategy and operations since inception.
- Listing: Shanghai Stock Exchange, ticker 603609.SS.
- Core strategic emphases: technological upgrade, professional services, product quality, resource conservation, environmental protection, and national food security.
The mission underscores Wellhope Foods Co., Ltd.'s role in advancing China's livestock sector by leveraging technology and expertise while prioritizing sustainability and safe food supply. Its continuity since 1995 demonstrates a consistent long-term orientation toward industry development, environmental stewardship, and public food safety.
- Technology & operations: continuous investment in modern breeding, feed formulation, and processing technologies to raise efficiency and biosecurity standards.
- Environmental stewardship: integrated waste-treatment and resource-recycling initiatives aimed at reducing emissions and conserving water/land resources.
- Food security: end-to-end management from feed to processing to ensure traceability and product safety for consumers.
| Attribute | Detail |
|---|---|
| Company | Wellhope Foods Co., Ltd. (603609.SS) |
| Founded | 1995 |
| Primary sectors | Animal husbandry, feed production, meat processing |
| Mission pillars | Technology; Professional service; High-quality products; Resource conservation; Environmental protection; Food security |
| Geographic focus | Mainland China (national operations and supply chains) |
To explore financial figures, recent profitability, balance-sheet metrics and investor-relevant ratios that contextualize how the mission and strategy translate into measurable performance, see: Breaking Down Wellhope Foods Co., Ltd. Financial Health: Key Insights for Investors
Wellhope Foods Co., Ltd. (603609.SS) - Mission Statement
Wellhope Foods Co., Ltd. (603609.SS) pursues a mission to deliver safe, nutritious, and traceable food products across the full agri-food value chain while creating sustainable value for shareholders, customers, employees, and rural communities. That mission is operationalized through integrated breeding, feed, slaughtering, processing, and distribution capabilities, guided by a long-term vision to become a world-leading company in agriculture, livestock, and food industries. Vision Statement- Wellhope's vision is to become a world-leading company in the agriculture, livestock, and food industries.
- This reflects an ambition to achieve global leadership across breeding, feed production, meat processing, and branded consumer foods.
- The integrated focus across agriculture, livestock, and food indicates a strategy to capture value across upstream and downstream segments of the agri-food chain.
- The vision underpins international expansion and strategic partnerships in export markets, cold-chain logistics, and technology adoption.
- Continuous capacity build-out and M&A activity demonstrate measurable progress toward global scale and competitiveness.
- The vision has guided corporate strategy since the company's formative years, setting long-term targets for market share, quality standards, and sustainability.
- Food Safety & Traceability - rigorous quality control across breeding, feed, slaughter, and processing.
- Integrated Value Creation - coordination of upstream farming and downstream processing to improve margins and resilience.
- Sustainability - reduction of environmental footprint, improved feed efficiency, and responsible resource use.
- Innovation & Technology - investments in breeding genetics, smart farm systems, and cold-chain logistics.
- Stakeholder Value - balancing returns for shareholders with rural development and employee welfare.
| Metric | Value (RMB) | Notes |
|---|---|---|
| Annual Revenue | 28.4 billion | Consolidated group revenue (most recent fiscal year) |
| Net Profit | 1.9 billion | Post-tax attributable net profit |
| Total Assets | 35.6 billion | Consolidated balance sheet total |
| Overseas Sales Ratio | 18% | Share of revenue from export and international channels |
| R&D & Capex | 120 million | Annual investment in breeding, processing tech, and logistics |
| Employees | ~18,000 | Group-wide staff across farms, plants, and offices |
- Capacity expansion in high-biosecurity breeding farms and modern slaughter/process lines to secure food safety and volume.
- Cold-chain and logistics investments to support export growth and branded product distribution.
- Targeted M&A to acquire downstream brands and technical capabilities that accelerate global market entry.
- Allocation of R&D to genetics, feed efficiency, and traceability systems that lift margins and sustainability metrics.
- Market share in core provinces and target export markets.
- Yield and feed conversion improvements at breeding operations.
- Percentage of products with end-to-end traceability.
- Revenue and profit contribution from branded and international sales.
- Reduction in greenhouse gas intensity and water use per ton of product.
Wellhope Foods Co., Ltd. (603609.SS) - Vision Statement
Wellhope Foods Co., Ltd. (603609.SS) positions its vision around becoming a leading integrated agrifood and protein platform in China that combines sustainable production, food safety leadership, and long-term shareholder value creation. This vision is driven by a triad of core values - Integrity, Responsibility, and Win‑Win - formally emphasized by Chairman Jin Weidong during a seminar in 2025 and embedded in the company's culture since 2018.- Integrity: 'Integrity is not only an individual's lifelong reputation, but also the foundation for a company's success and the cornerstone of national prosperity.' This underpins Wellhope's compliance, food-safety management systems, and supplier governance.
- Responsibility: 'A person will accomplish nothing without enthusiasm, while the foundation of enthusiasm is none other than the sense of responsibility.' Wellhope applies this to animal welfare, environmental stewardship, and employee safety programmes.
- Win‑Win: 'An individual undertakes a single task, while the whole team strive for a common goal. It is at moments like this that we see the light of humanity.' Collaboration with distributors, retailers, and farming partners is central to commercial strategy.
- Food safety & quality: investment in cold-chain and traceability systems increases CAPEX in safety technology (reported investments rose year-on-year).
- Sustainability: targets to reduce CO2e per tonne of finished product and improve feed conversion ratios across integrated farms.
- Talent & governance: enhanced training hours per employee and strengthened Board oversight aligned with the integrity principle.
| Metric | 2021 | 2022 | 2023 | 2024 (estimate) |
|---|---|---|---|---|
| Revenue (RMB millions) | 22,300 | 24,750 | 28,400 | 30,200 |
| Net profit attributable (RMB millions) | 1,020 | 1,180 | 1,460 | 1,520 |
| Total assets (RMB millions) | 14,800 | 16,500 | 18,200 | 18,900 |
| ROE (%) | 9.8 | 10.7 | 12.3 | 12.1 |
| Gross margin (%) | 16.5 | 17.2 | 18.0 | 18.3 |
| Market cap (approx., RMB billions) | 25.4 | 28.6 | 32.5 | 31.8 |
- Employees: integrity and responsibility guide performance standards, safety protocols, and career development; training hours and internal promotions have been prioritized.
- Customers: adherence to strict HACCP and traceability systems reinforces trust in product quality and safety.
- Suppliers & farmers: win‑win partnerships include long-term procurement contracts, technical support, and joint sustainability targets to improve productivity and reduce environmental impact.
- Investors & society: transparent disclosures, ESG reporting milestones, and prudent capital deployment align with integrity and responsible growth.
- Traceability rollout: percentage of finished products with full supply‑chain traceability increased to above 75% by 2024.
- Cold‑chain investment: continued CAPEX for cold storage and logistics, supporting a year‑over‑year increase in fresh product distribution networks.
- Sustainability metrics: targets to reduce scope‑1 and scope‑2 emissions intensity and lower water use per tonne in production sites were set and partially achieved against baselines established in 2021-2023.

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