What is the main business of New Hope stock

Mondo Finance Updated on 2024-01-31

New Hope** is a leading integrated agricultural industry group in China, mainly engaged in the related business of the agricultural industry chain. The company's main business can be summarized as follows:

1.Feed business: New Hope is one of the largest feed producers in China, providing a variety of feed products such as pigs, chickens, and aquatic products. Through R&D, production and sales of high-quality feed, the company helps farmers improve breeding efficiency and reduce breeding costs.

2.Breeding business: New Hope is involved in the breeding industry, including pig and chicken raising. In recent years, the company has increased its investment in the aquaculture industry, is committed to improving the scale and efficiency of aquaculture, and providing safe and high-quality meat products for the market.

3.Meat product processing: New Hope has a number of meat product processing enterprises, mainly engaged in the production and sales of pork, chicken and other meat products. The company adopts advanced processing technology to ensure that the products are delicious, safe and hygienic.

4.Agricultural technical services: New Hope provides agricultural technical services, including breeding technology training, technical consultation, etc., to help farmers improve their breeding technology and increase their output and income.

5.Financial services for the agricultural industry chain: New Hope has set foot in the financial field to provide financial services for enterprises and individuals in the agricultural industry chain, including loans, financial leasing, etc., to support agricultural development.

6.Biological products business: The company is also involved in the field of biological products, research and development and production of veterinary drugs, vaccines and other products to provide epidemic prevention protection for the aquaculture industry.

In short, New Hope's main business covers multiple links in the agricultural industry chain, from feed production, breeding, meat product processing to agricultural technical services and financial services, etc., and is committed to providing farmers and consumers with high-quality products and services to promote the development of agricultural modernization.

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