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China Xiangtai Food Co., Ltd.

NASDAQ:

PLIN

China Xiangtai Food Co., Ltd. is primarily a pork processing company that has operations across key sections of the industry value chain, including slaughtering, packing, distribution, and wholesale of a variety of fresh pork meat and parts.
China Xiangtai offers two main series of its products, namely the processed series and the fresh series. China Xiangtai purchases live hogs through distributors who purchase hogs from well-known big hog farms located in different cities in southern China. China Xiangtai uses an automated standard modern production line to slaughter the hogs and pack the fresh pork and byproducts. China Xiangtai delivers the fresh pork to local distributors who then resell the fresh pork to smaller wholesalers and retail vendors. Main products from the processed series include shredded meat, sliced meat, meat stuffing, pickled meat, lamb and offal, sausage, bacon, steamed meat, breaded chicken, and spicy meat. China Xiangtai also purchases fresh pork, beef, lamb, chicken, duck, and rabbit meat from local farmers and processes them into processed products. China Xiangtai sells fresh pork and processed meat products to both wholesale and retail markets. Main products from the fresh series include fresh pork and byproducts, beef, lamb, chicken, duck, and rabbit meat.
Maintaining the highest industry standards for food safety, product quality and sustainability is one of China Xiangtai's core values. China Xiangtai have food circulation permit and national industrial production certificate. Operations comply with international standards and China Xiangtai has obtained a series of certifications, such as ISO9001, ISO22000 and HACCP. China Xiangtai has strict quality control systems in each segment of its value chain, from production through sales and distribution.
China Xiangtai has more than 200 employees. In the slaughterhouse and processing facility, it has a standardized and automatic production line for hog slaughtering and meat packing. China Xiangtai also has meat processing rooms and standardized freezers to process and store processed meat product. The slaughtering plant in Linshui Industrial Park, Sichuan Province covers an area of 27,000 square meters. The processing factory in Fuling, Chongqing, covering an area of 8,000 square meters. China Xiangtai has 6 registered trademarks in PRC.

Key Facts

Auditor

Public Listing

Domicile

HQ/Management

Location of Key Operations

IR Contact

Friedman LLP

IPO (August 14, 2019)

Cayman Islands

Yuzhong, Chongqing, China

Internal

Analyst Coverage

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