Shuanghui International Holdings Limited ("Shuanghui International"), a
leader in the global pork industry, today announced that it has changed
its corporate name to WH Group Limited ("WH Group" or "the Company"),
The renaming underscores the Company's aspirations to solidify its
leading position in the global pork industry, offering consumers
worldwide animal protein products meeting high standards in quality,
taste, variety and safety. The new name also serves to better
differentiate the Company as a corporate brand from its numerous product
The WH Group name is derived from "Wanzhou Holdings" where the Chinese
characters "Wan" and "Zhou" connote eternity and continents
respectively, while the WH Group logo design depicts four streams
representing the Earth's four major oceans, separating the space into
five parts to represent the world's continents.
As the largest pork enterprise in the world, WH Group's mission will
continue to be delivering quality, tasty and nutritious animal protein
products worldwide, anchored on a safety-first priority. The Company's
strategy remains focused on creating sustainable value by embracing a
visionary management philosophy rooted in continuous innovation, with a
long-term and forward-thinking perspective.
"The renaming of our corporate brand to WH Group reflects the
increasingly global reach of our operations, which combine the largest
pork production companies in China and the United States and cater to
consumers globally," said WH Group Chairman and Chief Executive Officer
Wan Long. "It also symbolizes our ambition to be a world-leading company
known for food products that meet best-in-class standards of quality,
nutrition and safety."
WH Group is the controlling shareholder of Henan Shuanghui Investment &
Development Co. Ltd. (Shenzhen Stock Exchange: 000895, "Henan Shuanghui
Investment & Development"), China's largest meat processing business,
and owns Smithfield Foods, Inc. ("Smithfield"), the world's largest pork
processor and hog producer. Henan Shuanghui Investment & Development and
Smithfield will retain their respective brand names, and their
consumer-facing brands will remain the same.
WH Group's acquisition of Smithfield, which was completed in September
2013, is the largest acquisition of a U.S. company by a Chinese company
to date. The transaction merged the best technology, resources,
practices, market access and operational expertise of the two companies
to create a leading global pork company across the industry value chain,
with an unmatched set of assets, branded products and geographic reach.
Among its growth initiatives, WH Group is focused on increasing exports
from the United States to Asia, building a global trading platform and
exploring opportunities to work with Smithfield to develop premium
products for the Chinese market.
About WH Group
WH Group is a Hong Kong-based privately held company that owns a variety
of food and logistics enterprises, including Smithfield and Henan
Shuanghui Investment & Development. Smithfield is the world's largest
pork processor and hog producer. Henan Shuanghui Investment &
Development is China's largest meat processor and is publicly listed on
the Shenzhen Stock Exchange under the ticker symbol 000895. More
information about WH Group is available at www.wh-group.com.
+86 186 182 43382 / +852
Hill+Knowlton Strategies Asia
Benny Liu / Kevin Law
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Ian Campbell / Chuck Dohrenwend
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