Company plus family farms
As of Dec. 31, 2018, Wens includes more than 270 holding companies and 50,000 cooperative family farms, totaling over 48,000 employees in 20 Chinese Provinces. Wens’ headquarters office is located in Xinxing County of Guangdong.
The company’s mission is to be a “company plus family farms,” and it implements a “one-stop business model” to operate and manage its integrated industrial chain. This strategy has played an important role in rural development.
Executives and exchange
At the end of 2018 Wen Zhifen was elected as the chairman of Wens, Wen Pengcheng (pictured) was appointed as the honorary chairman, Yan Juran was appointed as the president and Wu Zhengwei was elected as chairman of the Board of Executives.
Wens has been listed on the Shenzhen Stock Exchange Market since November 2015 and in 2018, Wens listed: 1.2 million sows, 22 million marketed pigs and 748 million broilers, achieving an operating income of 57 billion yuan or 8 billion USD.
On Oct. 9, Wens official profit forecast for the first three quarters of 2019 pictured a net profit attributable to shareholders between 59.5-61.5 billion yuan, an increase of 105.18%-112.08% compared with the same period in 2018.
Diversification and development
The future strategic layout of Wens is focused on diversification and the development of related ag industries such as slaughtering and processing.
In August 2019, a signing ceremony of a “Two Million Project” project between Wens and Anhui Guoyang was held in the administrative center of Guoyang County. The project consists of building a modern slaughterhouse with annual capacity of one million head, a feed mill and four breeding farms in Guoyang County. Many other similar projects are planned across China.
Xixiu Wens Ecological Agricultural Science and Technology Park is the first high-efficiency breeding farm in Xixiu District. It is also the largest breeding farm in Southwest China.
Agricultural science and technology
The Xixiu Wens Ecological Agricultural Science and Technology Park pig farm is located in Dongpu Township, Xixiu District and covers an area of 802 acres with 15,000 sows.
One of Wens’ processed pork brands is Tianlu sausage and bacon based on the classic Cantonese recipe.
From pork to chicken
Guangdong Wens Jiawei Food Co., Ltd. was established in 2004. It is a subsidiary of Wens, which is mainly engaged in chicken farming, food processing and sales.