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Shandong New Hope Liuhe breeds livestock and poultry and produces feed, food products, biological products, and veterinary medicines.
Shandong New Hope Liuhe is a Qingdao-based livestock and poultry breeding and food production company founded in 1995. Its businesses include feed production, food processing, veterinary medicine, and breeding and rearing pigs. Bank of Communications Investment made a strategic investment in March 2022, and New Hope Group announced plans to acquire a minority stake for CNY 1 billion in November 2023. For 2022, the company reported revenue of CNY 71.74 billion and net income of CNY -123.6 million.
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