Group 1: Company Overview - The company operates across the entire meat industry chain, including feed, breeding, slaughtering, meat products, packaging, condiments, and foreign trade, producing over 3 million tons of meat products annually, ranking among the top in China's meat industry [1] - The company has 30 modern meat processing bases across 18 provinces in China, leveraging synergies and cluster benefits to enhance overall competitiveness [1] Group 2: Production Capacity - The company has a breeding capacity of 1 million pigs and 300 million chickens annually, with the poultry production concentrated in Henan (200 million) and Liaoning (100 million) [1][5] - The breeding operations are primarily aimed at supporting downstream slaughtering and meat processing, promoting industrialization and diversification [1] Group 3: Food Safety Measures - A comprehensive food safety internal control system covers all aspects from supply to production, transportation, and sales, with nearly 1,000 food inspection professionals stationed at production bases for oversight and inspection [2] - Products undergo batch inspections to ensure compliance with safety standards before leaving the factory [2] Group 4: Financial Policies - The company has maintained a cash dividend policy since its listing in 1998, providing stable returns to investors for 25 consecutive years, with a commitment to continue this policy while ensuring normal operations and long-term development [3] - Currently, there are no stock repurchase plans, but any future plans will be disclosed promptly [4]
双汇发展(000895) - 2024年12月2日-3日投资者调研记录