New stock news | According to reports, Muyuan Foods (002714.SZ) has hired CITIC SEC and other institutions to handle its Hong Kong listing.

According to reports, insiders revealed that Muyuan Foods (002714.SZ) has hired CITIC SEC, Goldman Sachs, and Morgan Stanley to handle its listing in Hong Kong this year. Related considerations are still ongoing, and details such as scale and timing may change. In March of this year, there were reports that Muyuan Foods planned to list in Hong Kong, with fundraising expected to exceed $1 billion. On April 15, Muyuan Foods announced that, in order to further promote its internationalization strategy and create an international capital operation platform, after thorough research and demonstration, the company plans to issue offshore listed foreign shares (H shares) and list on the main board of the Hong Kong Stock Exchange. It is reported that Muyuan Foods was established in 1992 and has formed a pork industry chain integrating feed processing, pig breeding, pig farming, and slaughter processing. By the end of 2024, the company had a breeding capacity of approximately 81 million heads per year; with a total of 10 slaughterhouses in operation, the slaughter capacity was 29 million heads per year, and all slaughtered pigs came from the company's own breeding farms. Financial reports show that in the first quarter of 2025, Muyuan Foods achieved operating income of 36.061 billion yuan, a year-on-year increase of 37.26%; net profit attributable to shareholders of the listed company was 4.491 billion yuan, an increase of 288.79% year-on-year.