New Hope Liuhe Co., Ltd
2020 Annual Report
2021-57
April 2021
Section 1 Important note, table of contents and definitions
The board of directors, board of supervisors, directors, supervisors and senior executives of the company warrant that the contents of this annual report are true, accurate and complete and free of any false recordings, misleading statements or significant omissions and will be jointly and severally liable for the legal consequences.
The company’s CEO Liu Chang, chief accountant Chen Xingyao and person in charge of accounting organization (accountant in charge) Chen Jing state that the financial report in the annual report is true, accurate and complete.
All directors of the company attended the board meeting deliberating this report.
I. Epidemic and natural disaster risks
The animal epidemic disease is the main risk faced in the development of livestock industry. There are three kinds of risks arising out of the occurrence of epidemic disease. First, the occurrence of epidemic disease is likely to result in death of livestock, and leads directly to the reduction in yield and drop in prices. Second, the occurrence and prevalence of epidemic disease on a large scale easily influence the consumer psychology, lead to shrinking market demand, and also affect the feed production and operation. Third, after the outbreak of some infectious epidemic diseases endangering the public health and safety, the government will take lockdown and other measures to contain the spread of epidemic disease. These epidemic containment measures will seriously hinder the transportation of feed, animal healthcare products and live livestock, and the workers returning to work, and have a great impact on the production and operation of breeding industry. In addition, the outbreak of infectious epidemic diseases will force most catering enterprises to stop doing business, some agricultural product markets to shut down, and consumers to reduce shopping activities outdoors, resulting in reduced meat demand and consumption. For example, the African Swine Fever (ASF) with an enormous impact on the entire industry broke out in 2018. As the ASF is characterized by long latency and high mortality after onset of the disease, and the effective and reliable vaccine has not yet been developed successfully, coupled with the fact that it was also the concentrated outbreak on a large scale in China for the first time, both the large-scale breeding enterprises and small farmers lacked effective containment measures at the onset of epidemic, thereby suffering losses to varying degrees. At the end of 2020, the attenuated-strain ASF bounced back once again, especially hitting Hebei, Shandong and Henan, where the pace of live pig production capacity recovery was considerably affected.
The COVID-19 outbreak at the beginning of 2020 also posed daunting challenges to the livestock and poultry breeding industry in China. The anti-epidemic measures such as lockdown, delay in return to work, suspension of live poultry trading, and shutdown of slaughter houses led to unavailability of feed to farms and livestock farmers, newborn livestock nowhere to sell, inability to slaughter livestock and poultry, and difficulties to conduct breeding production activities normally. The COVID-19 would also force the new pig farms of pig farming enterprises to be generally out of operation and render farmers less motivated to restock live pigs, ultimately hindering the recovery process of live pig production capacity.
In terms of the natural disaster risk, the feed and slaughter are closely related to planting and livestock breeding industry, so the natural disasters such as temperature anomalies, drought, flood, earthquake, hail, and snow disaster will all adversely affect the industry operation and development. The natural disasters occurring on the production bases of the company and surrounding areas may cause substantial damages to production facilities or equipment, and the natural disasters and extreme climate may also drive the prices of some feed ingredients and meats up. For example, serious flood disasters broke out in many places of South China in summer of 2016, adversely affecting the planting, breeding, farm produce logistics, project implementation and meat prices along the industry chain to varying degrees; in terms of planting, continuous catastrophic floods hitting some areas will result in decreased output of feed ingredients, thus impacting the feed ingredient prices, while at the same time decreasing the quality of raw materials; in terms of breeding, flood might cause pathogenic microorganisms buried in the land surrounding breeding farms to be exposed in air and drinking water, and will result in spread of pathogenic microorganisms and trigger epidemic diseases. In addition, several provinces hardest hit by the floods are major aquatic breeding areas in China, where the impact of floods not only would destroy fishery production equipment but also is highly likely to wash off fish-barring facilities and bring away fish fries and adult fishes, causing losses to economic income of farmers and thus affecting feed sales of the company; in terms of logistics, roads are flooded and roadbeds and road surfaces destroyed wherever flood sweeps, forcing the freight costs of raw materials, feed, finished products and breeding pigs to rise and the transport capacity down, causing pressures on the supply chain of the company; in terms of project implementation, continuous rainstorms will also cause part of capital investment construction projects of the company to suffer temporary shutdown, affecting the construction schedule; in terms of meat prices, flood would also impact the meat supply and directly contributed to the rising prices of pigs, while the gap in meat prices between affected areas and unaffected areas was growing, thus leading to increased allocation and transport of live pigs, and resulting in spread of the pandemic to a certain extent.
Risk countermeasures: In the face of animal epidemics, the livestock farms planned and constructed by the company’s breeding base are normalized and standardized farms staffed with professional breeding technologists and equipped with strict anti-epidemic measures to effectively prevent and control the occurrence of epidemic diseases. The company has also summarized some experience and measures responding to major epidemic diseases through years of exploration and accumulation, which allow the company to eliminates the impact of various epidemics by adjusting the product mix when appropriate, improving the product quality, conducting deep market development actively and reducing the costs. Since 2014, the company has been guiding technicians to better serve farmers by establishing animal healthcare laboratories in various areas, creating the cloud-based animal healthcare system and conducting the monitoring and warning of epidemics and diseases in real time. In particular, in view of ASF outbreak in 2018, the company formulated all-round and system-wide prevention and control measures, covering existing self-run pig farms, fattening farms in cooperation with farmer households, new pig farms of the company, pig feed production units and internal animal healthcare laboratories, with a view to ensuring proper prevention and control at the source of animal nutrition. At the same time, the company actively took part in industry communication, and explored more effective prevention and control methods together with its peers. Currently, the bio-safety and epidemic prevention system, survival rate of live pigs, go-to-market rate and other indicators of the company are among the top in the industry.
In response to the COVID-19, the company lost no time to react, formulated and carried out various containment policies and conducted emergency disposition in a coordinated manner. Secondly, the company actively communicates with the government at all levels, coordinates the transportation of goods such as livestock products, and raw and auxiliary materials of feed and products, secures vehicle passes, and implements the green channel policy enacted by the government at all levels. Thirdly, the company ensures sufficient procurement from feed plants and production supply through region-wide coordination, strengthens internal support for poultry industry integration, arranges its employees to return to work rapidly and orderly, contributes to the adequate supply of daily necessities across the country, adjusts its food industry strategy in real time and expands sales through supermarket channel and online channel. Fourthly, in light of its business practices, the company compiled the epidemic containment manual, published documents such as technical guidance on employee prevention and control and quarantine and guidance on engineering control amid epidemics, makes the epidemic prevention arrangements in a targeted manner and strengthens employee safety protection.
In response to natural disasters, although unable to rule out the possibility that serious natural disasters will occur in areas where its subsidiaries operate, the company’s extensive business portfolio and presense both at home and abroad help ensure that the company’s business as a whole will not be materially affected when natural disasters occur in particular regions. Especially for the rainstorms and floods in south China, which have occurred frequently in these years, the company has accumulated a large wealth of experience, established proven contingency plans and maintains sufficient flood prevention supplies in stock at all times, which allow the company to flexibly guide farmers through production plan adjustments when the flood season begins in preparation for disaster relief together. At the same time, the company can also take the advantage of its nationwide presence to allocate funds, raw materials, equipment, and staff timely and effectively to resume production as soon as possible and reduce the losses caused by natural disasters.
II. Risk of feed ingredient price fluctuations
The cost of main feed ingredients for feed production accounts for more than 90% of total cost of feed production. In the past, the proportion of feed business in the company’s revenue was large, but as the feed industry generally adopts the cost-plus pricing method, the fluctuations in prices of feed ingredients can be partly transmitted to the downstream breeding operations, so as to relieve the pressure from the rising prices of feed ingredients. However, with a growing percentage of livestock breeding business in the company’s revenue, the rising prices of feed ingredients will have a growing impact on the company as a whole.
In 2020, corn prices rose all the way from a relatively high base level, reaching the highest point within five years driven by the successive occurrence of pandemic, temporary purchase and storage and typhoons, while soybean meal prices also rose in short term due to the reduced soybean export following the closure of ports in response to the COVID-19 outbreak in South America. Coupled with the continuous tension between China and US, which brings great uncertainties to the bulk produce trade between the two countries and international trade of feed ingredients in the future, the risk of price fluctuations will exist in the long term. Moreover, against the background of longtime existence of ASF in China, the feed enterprises will reduce some high-risk raw materials for the safety of animal nutrition, such as usage of corn, pig blood, and pig bone meal, so as to make the demand for raw materials concentrate on other types of raw materials, which will also lead to rise in prices of such alternative raw materials.
Risk countermeasures: The company is the largest domestic feed enterprise with the scale advantages and a considerable say in the raw material purchasing. The company started reorganizing and optimizing its raw material procurement system in 2017, combed through its supplier system actively, established strategic partnerships with many domestic and overseas best-run raw material suppliers, conducted the supply chain financing of various forms actively, and optimized its purchasing cost and related financial expenses. In 2019, the company continued to drive transformations in terms of central purchasing of raw materials, strategic purchasing channel optimization of partners, acquisition of corn produced in northeast China and purchasing model upgrading, realizing a greater purchasing value despite the challenges. The COVID-19 crisis in 2020 has caused phase-wise impact on the prices of feed ingredients and feed additives, but the company’s feed supply chain management department intensified application of hedging tools to control the raw material price fluctuation risk, while the company’s technology, purchasing, production and marketing departments worked closely with each other during the response to the pandemic, with these experiences already summarized and applied into the daily operation management of the feed business.
III. Risk of price fluctuations of livestock and poultry
The finished products of livestock and poultry breeding business of the company mainly include baby chick, baby duck, white-feathered chicken, white-feathered duck, breeding pig, piglet, and hog. Especially since 2016, the pig farming business of the company has been growing rapidly, with 8.29 million live pigs sold externally in 2020 and more than 500 million self-raised and outsourced commercial generation chicken and ducks sold, which allowed the livestock and poultry breeding to contribute greater to the entire revenue and profits of the company. Along with the further growth of breeding volume of the company in the future, the prices of livestock and poultry will affect the levels of revenue and profits of the company even more remarkably.
The prices of live pigs, pork, breeding poultry, non-slaughtered chicken and ducks and poultry meat remained high as a whole in 2019. In 2020, the prices of live pigs and white-feathered poultry bifurcated. In terms of live pigs, pig prices bounced back and climbed gradually after a rapid fall in May due to the weakened consumer demand, leading to sustained high prices as a whole. In terms of white-feathered poultry, newly-hatched poultry, non-slaughtered chicken and ducks or poultry meat, their market prices remained low for a long time as a whole due to serious oversupply, coupled with the consumer demand of major channels such as wholesale markets, schools, plants and mines apparently inhibited due to the impact of COVID-19, causing tremendous pressures on all players along the industry chain. Since the beginning of 2021, although ASF threats remain, recovery of live pig production capacities across the country has apparently manifested itself and pork demands will not change significantly in short term, while remarkably eased supply tensions will drive pork prices down in a foreseeable future and the table poultry market will continue to be adjusted due to still remarkable imbalance between demand and supply, sustaining the great pressure on prices of table poultry.
Risk countermeasures: apart from the impact of sporadic epidemics, the fluctuations in prices of livestock and poultry mainly depend on the periodic increase and decrease in breeding and supply quantities. As a result, the process of livestock and poultry prices going down itself is a process of the survival of the fittest in the industry. Against this backdrop, the company still can generate more revenue or suffer fewer losses than its rivals in the process of price decline as long as it increases its breeding efficiency and makes its breeding costs lower than its rivals. When some participants exit, the total supply declines and the prices rise again, the company might gain a greater market share and a higher return on investment than before. In recent years, the company has been committed to continuously increasing its breeding efficiency, and enjoying industry leadership in terms of production of healthy young breeding poultry and PSY and full cost of pig breeding, which will ensure that the company will remain highly competitive during the price fall of livestock and poultry. On the other hand, unlike most of agricultural and animal husbandry enterprises, the company also has slaughtering and processing businesses downstream of breeding industry, which happens to hedge against the breeding business of the company. The price decline of livestock and poultry means that the cost of raw meat in the slaughtering and processing businesses falls too and its profit margin will be increased, which can also ease the impact of price fall of livestock and poultry on the company as a whole moderately.
IV. Impact of environmental protection policies
In 2014, China started implementing the Regulations on Pollution Prevention for Large-scale Breeding of Livestock and Poultry, as the government was strongly determined to keep livestock farms in line and new regulations were enacted across the country to demolish livestock farms, ban or restrict livestock farming activities. At the level of central government, the new “Environmental Protection Law” was enacted in 2015; in 2016, the State Council issued the “13th Five-Year” Ecological Environment Protection Program”, even more specifically requiring “local governments to close or relocate livestock farms (communities) and breeding households within the banned areas according to law by the end of 2017”. In 2018, the first group of central environmental protection inspectors conducted the “follow-up reexaminations”, as the efforts to investigate pollution caused by livestock farms were intensified across the country, ordering some breeding households to shut down for environmental remediation or close once for all due to their livestock farming facilities failing to meet the environmental standards or discharging wastewater beyond the set standards. These pressures from the environmental protection policies will force some livestock and poultry farms failing to meet the environmental standards to exit the market, and lead to reduced breeding quantities, which will produce a certain impact on the growth of feed business of the company and its acquisition of live pigs and poultry for slaughtering business. Some branches and subsidiaries of the company fail to meet the environmental protection requirements economically through hardware transformation, or no longer have the market basis due to being located in the banned areas, which will lead to their shutdown. In the long run, however, the exit of these outdated capacities for incompliance with environmental standards will allow the best-run producers that remain in the industry to acquire higher profitability, which is still of a positive significance to the entire industry.
Risk countermeasures: in light of the changes of the breeding market, the company makes every effort to keep its stock under control, makes full use of its industrialized supporting and integrated services by changing its feed marketing model, and strengthens its cooperation with medium and large-sized farms and farmers that meet the environmental standards. While exploring a new way of breeding, the company regards ecology, environmental protection, efficiency and safety as primary considerations in its project design, helps farmers remodel and build sheds and stalls that meet the higher environmental standards, increase the profitability of breeding business and actively drive the domestic livestock and poultry farming industry to grow healthily. On the other hand, the company actively grows its inventories by cultivating new livestock and poultry farming bases in environmentally suitable areas through construction, acquisition, joint venture and cooperation using its existing business portfolio across the country, thus ensuring the stability of its breeding resources.
V. Risk of food safety
Food safety concerns the physical health and life safety of the general public, and is even a matter of life and death for food companies. Occurrence of food safety problems or accidents would cause food companies to face claims, actions or related penalties in a way that even affects their brands and reputations, thereby materially adversely affecting their business, financial condition, stock prices or business performance. The implementation of the revised “Food Safety Law” in of 2015 also means China has brought its focus on food safety to an unprecedented level. The outbreak of ASF in 2018 raised even more demanding requirements for food safety control. Although the ASF itself is not a zoonotic disease and the pork with ASF virus is not harmful at all to humans after conventional heating and cooking, as there is not yet fully effective containment measure against ASF at present, and the pork and its products are one of the main vectors of the virus, more costs are required to prevent and control ASF during the process of live pig recovery and slaughter, pork transportation and vending. In 2019, the State Council issued the “Opinions on Deepening Reforms and Strengthening Food Safety Efforts”, making clear the need to further beef up food safety efforts and ensure the “safety on the dining table” of the general public with ht most rigorous standards, the most stringent oversight, the most severe penalties and the most serious accountability.
Risk countermeasures: the company has always been highly concerned about food safety by seriously ensuring food safety in everything it does. In 2015, the company established its safety and environmental protection department to ensure safety, health and environmental protection of its products, and upgraded the equipment in its “three-level” testing system, expanded the laboratories of its branches and subsidiaries in terms of human and material resources, guaranteed the allocation and input of funds, resources and personnel across the food industry chain, which upgraded the food safety organization management, equipment and facilities, process management and key process control. So far, the company has created a food safety control chain from feed, livestock and poultry breeding all the way to dining table. In 2014, the “Beiyouzi” branded duck meat produced by the company was the first in China to achieve end-to-end traceability; in 2015, Chengdu Xiwang Food Co., Ltd, a subsidiary of the company, became one of the second group of pilot companies for implementation of the national standard “food cold chain logistics traceability management requirements”. In 2016, the company passed the food technical standard certification by the British Retail Council (BRC), and was elected the Vice President of the China Council at the first plenary session of the Global Food Safety Initiative (GFSI) in China, becoming the first Chinese private enterprise to be selected as a member of the global board of directors of GFSI. In 2019, the 8th GFSI Focus Day China organized by the company was held, marking the first time a private enterprise organized this event since GFSI began holding the Focus Day China in 2012. At present, all food enterprises under the flag of the company have passed China-HACCP certification, and more than 60 food companies are finishing the BRC and Global-GAP certifications in succession. In addition, the company systematically explores the antibiotic-reducing and antibiotic-free possibilities in cooperation with multiple parties using the GFSI platform resources, and actively drives the popularization of antibiotic-reducing and antibiotic-free successful cases.
VI. Risk of exchange rate fluctuations
Currently, the global purchasing of raw materials for feed production is going deeper, and the feed enterprises have been increasingly affected by the exchange rate in terms of feed ingredient purchasing centered on foreign supply such as corn, soybean, whey powder, fish meal and DDGS. At the same time, the company has larger foreign operations than its Chinese peers, and in the foreign investment and overseas operations, the cross-border capital transaction and settlement amounts involved are growing, thus making the company more vulnerable to exchange rate fluctuations. Since 2019, the bumpy China-US relations caused the RMB/USD exchange rate to fluctuate frequently.
Throughout 2020, the RMB exchange rate showed a trend of fall before rise as a whole and went down in a zigzag manner due to the impact of the COVID-19 in the first half of the year, but a new round of rapid appreciation started as China was the first to contain the pandemic and resumed work and business operations at a quickened pace in the second half of the year. Such violent turbulences produced impacts on the foreign exchange management of the company. Besides, in certain overseas countries where the company operates, the exchange rate of local currencies against USD depreciated remarkably due to the COVID-19, political turbulence and foreign exchange policy adjustments, which also produced an adverse impact on the company.
Risk countermeasures: In response to the growing needs for overseas raw material purchasing and investment and operation, the company started building its Singaporean branch into an overseas commercial and trading center and investment and financing center in 2016, actively conducted international centralized purchasing of raw materials, foreign direct financing, supply chain finance, foreign exchange risk management and raw materials purchasing risk management on its Singaporean platform, in order to reduce the impact of exchange rate fluctuations on its cash flow in overseas operations. Meanwhile, the company further strengthened its close connection and communication with overseas financial institutions, overseas agencies of the Chinese government and host governments to analyze the trends of local currencies’ exchange rates in host countries in time and ease the adverse impact of exchange rate fluctuations by means of direct investment in local currencies abroad, etc.
VII. Risk of human resources
The risk of human resources to the company mainly involves the following four aspects. First, the pig farming scale of the company is now at a phase of leapfrog development. As at the time of disclosure of this annual report, the company’s pig farming team has exceeded 50,000 persons and will continue growing, so will be the management radius of the company, therefore, there are tremendous pressures and challenges in terms of rapidly training and retaining a large number of pig raisers. If the personnel recruitment, training and retention proves inadequate, potential risks will arise for the subsequent pig farm management and operation; second, as the company transforms from a traditional agricultural and animal husbandry enterprise to a agricultural, animal husbandry and food integrated enterprise, the company will face the risk of insufficient reserve of high-caliber operation and management personnel in new business domains and of personnel in food retail, engineering technology, IT and other emerging fields; third, along with the rising human cost, employee compensation has become an important factor in cost increase of the company; fourth, as a leading enterprise in China’s agricultural and animal husbandry industry, the company has cultivated a large number of outstanding employees in its multiyear history, but the competition for human resources is intensifying due to the increasing competition in the industry and entry of new players of different backgrounds into the industry over the past years, meaning the brain drain will cause losses to the company and subsequently affect the sustainable development of the company.
Risk countermeasures: the company has looked at talent cultivation and organizational activation as a long-term strategic task of the company. In terms of recruiting talented pig farmers, the company expanded its recruitment channel beyond college graduates majored in agriculture and animal husbandry to recruit non-specialized college graduates and veterans. In terms of pig farmer training, the company broke down its daily production processes according to standards and internalized them using IT means. It offers specialized courses of different levels for general manager, farm managers all the way down to the newly recruited frontline workers through in-house pig farming universities and pig industry research institutes that offer high-frequency learning, training and teaching possibilities. Moreover, through the modern mentoring system inside pig farms and one-to-one mentoring and intensification by sophisticated employees, the time to cultivate new employees has been greatly shortened. The company further perfected its pig industry talent motivation system, whereby personnel at all levels in pig industry will receive industry-leading economic return based on their value output. In addition, in order to reduce the pressure on human cost, the company intensified its efforts to carry out projects such as pig farming in multistory buildings, intelligent pig farms and things of internet, which will significantly increase its efficiency of personnel utilization.
The company also intensified its efforts to recruit talented people in strategic, new businesses, while actively conducting cross-industry training and learning to enrich the knowledge structure and capability structure of its existing personnel. The company realized a continuous increase in per capita efficiency by efficiency improvement, lean management, optimization of industry chain design and organization flattening; created the professional manager development channel with survival of the fittest by constructing the competition, selection and elimination mechanisms; and creates the growth community of employees and the company by constructing reasonable evaluation and incentive mechanisms and value sharing mechanisms. In 2019, the company implemented its restricted stock and stock option incentive plan for the first time to motivate its key technologists and key members of pig farming teams more for increased cohesion and corporate competiveness and to fully motivate senior management personnel as part of key employees of the company at work.
In 2021, the company has huge financial requirements for its investment and daily operations such that retaining the undistributed profits to meet the company’s daily operation and investment and construction needs will help the company ensure normal production operations and stable development, become more resistant to risks, achieve continuous, stable and healthy business development and better protect the long-term interests of all shareholders. Based on the aforesaid considerations, the group’s annual profit distribution plan for 2020 is proposed as follows: the company plans not to distribute cash dividends or allot bonus shares or transfer its provident fund to share capital but carry over undistributed profits to the next year
Meanwhile, according to the “Implementing Rules of Shenzhen Stock Exchange For Repurchase of Shares by Listed Companies”, the share repurchase amount of 195,409,629.71 Yuan already implemented by the company in 2020 is treated as cash dividends, accounting for 3.95% of 4,944,191,027.81 Yuan net profits of the company attributable to shareholders of the listed company in 2020. The profits distributed accumulatively by the company in cash in the most recent three years accounted for 36.29% of the average annual distributable profits realized in the most recent three years.
Table of Contents
Definitions
| Term |
Refers to |
Definition |
|---|
| This company, company, listed company, New Hope |
Refers to |
New Hope Liuhe Co., Ltd |
| CSRC |
Refers to |
China Securities Regulatory Commission |
| CSRC Sichuan |
Refers to |
Sichuan Office of China Securities Regulatory Commission |
| SZSE |
Refers to |
Shenzhen Stock Exchange |
| CSDC |
Refers to |
China Securities Depository and Clearing Co., Ltd |
| NAFMII |
Refers to |
National Association of Financial Market Institutional Investors |
| Company Law |
Refers to |
Company Law of the People’s Republic of China |
| Securities Law |
Refers to |
Securities Law of the People’s Republic of China |
| New Hope Group |
Refers to |
New Hope Group Co., Ltd |
| South Hope |
Refers to |
South Hope Industrial Co., Ltd |
| China Minsheng Bank |
Refers to |
China Minsheng Banking Corp. |
| New Hope Chemical |
Refers to |
New Hope Chemical Investment Co., Ltd |
| Beishuo Investment |
Refers to |
Lhasa Economic and Technological Development Zone Beishuo Investment Center (LP) |
| Finance Company |
Refers to |
New Hope Finance Co., Ltd |
| Liuhe Group |
Refers to |
Shandong New Hope Liuhe Group Co., Ltd |
| Polaris Bay |
Refers to |
Polaris Bay Co., Ltd |
| Hope Group |
Refers to |
Hope Group Co., Ltd |
| Besun Agricultural |
Refers to |
Yangling Besun Agricultural Industry Group Co., Ltd |
| Yan’an Benyuan |
Refers to |
Yan’an Benyuan Agricultural Technology Development Co., Ltd |
| Yanchuan Yongxiang |
Refers to |
Yanchuan Yongxiang Livestock Development Co., Ltd |
| Zhidan Dingxiang |
Refers to |
Zhidan Dingxiang Agricultural Technology Development Co., Ltd |
| Jinhe Investment |
Refers to |
Shaanxi Jinhe Technology Venture Investment Co., Ltd |
| Fengyi Investment |
Refers to |
Yangling Fengyi Equity Investment Management Center (LP) |
| Xiangyuan Investment |
Refers to |
Yangling Xiangyuan Equity Investment Management Center (LP) |
Section 2 Company Profile and Key Financial Indicators
I. Company Information
| Stock abbreviation |
New Hope |
Stock code |
000876 |
| Stock exchange on which stock is listed |
Shenzhen Stock Exchange |
| Chinese name of the company |
新希望六和股份有限公司 |
| Chinese abbreviation of the company |
新希望 |
| English name of the company (if any) |
NEW HOPE LIUHE CO., LTD. |
| English abbreviation of the company (if any) |
NEW HOPE |
| Legal representative of the company |
Liu Chang |
| Registered address |
National High-tech Industry Development Area, Mianyang, Sichuan Province |
| Post code of registered address |
621006 |
| Office address |
376, Jinshi Road, Jinjiang Industrial Park, Chengdu, Sichuan Province |
| Post code of office address |
610063 |
| Corporate website |
http://www.newhopeagri.com |
| Email |
000876@newhope.cn |
II. Contact persons and contact details
|
Board secretary |
Securities affairs representative |
| Name |
Lan Jia |
Bai Xubo |
| Contact address |
11F, Block T3A, Wangjing SOHO Center, No. 10, Wangjing Street, Chaoyang District, Beijing |
11F, Block T3A, Wangjing SOHO Center, No. 10, Wangjing Street, Chaoyang District, Beijing |
| Tel |
(010) 53299899 |
(010) 53299899 (028) 85950011 |
| Fax |
(010) 53299898 |
(010) 53299898 |
| Email |
000876@newhope.cn |
baixb@newhope.cn |
III. Information disclosure and filing place
| Names of information disclosure media outlets chosen by the company |
China Securities Journal, Securities Times, Shanghai Securities News, Securities Daily |
| Address of the website designated by CSRC for publication of annual reports |
http://www.cninfo.com.cn |
| Place of filing of the company’s annual reports |
Office of the company’s board of directors |
IV. Registration changes
| Organization code |
91510000709151981F |
| Changes in main business of the company since its listing (if any) |
The company completed overall listing of its major assets reorganization of agricultural and animal husbandry industries within its system in 2011. The company substituted and sold all of shares held by it in “Chengdu New Hope Industrial”, “Sichuan New Hope Industrial” and “New Hope Dairy” and purchased agricultural and animal husbandry assets with substituted and issued shares. After completion of this major asset reorganization, the company significantly enhanced its production scale, profitability, industry competitiveness and anti-risk capabilities and became the listed agricultural and |
|
animal husbandry company with the most complete industry chain and widest product coverage so far in the country, with its industry competitiveness and anti-risk capabilities enhanced remarkably. The company strives to build an integrated business pattern of collaboration among “feed production, livestock and poultry farming, slaughtering and meat product processing” industries, thus effectively leveling out fluctuations of livestock and poultry farming operations, forming a rather complete, controllable and traceable intra-industry circulation system and ensuring feed and food safety. |
| Changes in historical controlling shareholders (if any) |
None |
V. Other related information
Accounting firm engaged by the company
| Name of accounting firm |
Sichuan Huaxin (Group) CPA Firm (special general partnership) |
| Office address of the accounting firm |
28F, south wing of Jinmao Lidu BuildingJinmao Lidu Building, #18, Ximianqiao Street, Chengdu |
| Name of signing accountant |
Li Wulin, Wu Dan, Xiao Li |
Sponsor institution engaged by the company and performing duties of continuous supervision during the reporting period √ applicable □ not applicable
| Name of sponsor institution |
Office address of sponsor institution |
Name of sponsor representative |
Period of continuous supervision |
| China Merchants Securities Co., Ltd |
111, Fuhua First Road, Futian Neighborhood, Futian District, Shenzhen |
Zhang Yinbo, Xu Chen |
October 29, 2020 to December 31, 2021 |
Financial advisor engaged by the company and performing duties of continuous supervision during the reporting period □ applicable √ not applicable
VI. Key accounting data and financial indicators
Whether the company needs to retroactively adjust or restate the accounting data of previous years
□ yes √ no
|
2020 |
2019 |
Increase or decrease in this year compared with the same period of the previous year |
2018 |
|---|
| Business revenue (Yuan) |
109,825,224,396.56 |
82,050,539,486.67 |
33.85% |
69,063,225,293.92 |
| Net profits attributable to shareholders of the listed company (Yuan) |
4,944,191,027.81 |
5,041,999,768.06 |
-1.94% |
1,704,646,781.14 |
| Net profits attributable to shareholders of the listed company after deduction of non-recurring profit and loss (Yuan) |
5,472,659,508.65 |
5,272,134,091.20 |
3.80% |
2,031,060,685.46 |
| Net cash flows from operating activities (Yuan) |
5,658,169,507.13 |
4,436,893,031.04 |
27.53% |
3,336,986,800.09 |
| Basic earnings per share （Yuan/share） |
1.17 |
1.22 |
-4.10% |
0.40 |
| Diluted earnings per share(Yuan/share) |
1.17 |
1.22 |
-4.10% |
0.40 |
| Weighted average ROE |
16.09% |
20.63% |
4.54% decrease year-on-year |
7.87% |
|
The end of 2020 |
The end of 2019 |
Increase or decrease at the end of this year compared with the end of the previous year |
The end of 2018 |
| Total assets (Yuan) |
109,443,465,562.15 |
64,217,666,883.55 |
70.43% |
47,943,788,133.54 |
| Net assets attributable to shareholders of the listed company (Yuan) |
39,846,334,135.68 |
26,061,689,948.56 |
52.89% |
21,575,123,234.66 |
The net profits of the company after deduction of non-recurring profit and loss in the most recent three accounting years, whichever are lower, were all negative, and the most recent year’s auditor’s report shows that the company’s ability as a going concern is uncertain.
□ yes √ no
The net profits after deduction of non-recurring profit and loss, whichever are lower, were negative,
□ yes √ no
VII. Accounting data difference under Chinese and foreign accounting standards
1. Difference in net profits and net assets in financial reports disclosed under both international accounting standards and Chinese accounting standards
□ applicable √ not applicable
The company had no difference in net profits and net assets in financial reports disclosed under both international accounting standards and Chinese accounting standards during the reporting period.
2. Difference in net profits and net assets in financial reports disclosed under both overseas accounting standards and Chinese accounting standards
□ applicable √ not applicable
The company had no difference in net profits and net assets in financial reports disclosed under both overseas accounting standards and Chinese accounting standards during the reporting period.
VIII. Quarterly key financial data
Unit: yuan
|
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
|---|
| Business revenue |
20,568,194,867.98 |
24,127,845,496.10 |
30,091,739,202.25 |
35,037,444,830.23 |
| Net profits attributable to shareholders of the listed company |
1,626,867,776.40 |
1,536,997,683.60 |
1,920,717,366.41 |
-140,391,798.60 |
| Net profits attributable to shareholders of the listed company after deduction of non-recurring profit and loss |
1,690,460,979.28 |
1,593,215,885.26 |
2,085,337,168.86 |
103,645,475.25 |
| Net cash flows from operating activities |
157,570,146.85 |
501,023,184.73 |
1,622,715,174.20 |
3,376,861,001.35 |
Whether the aforesaid financial indicators or their sums are materially different from related financial indicators in quarterly reports and semiannual reports disclosed by the company
□ yes √ no
IX. Items of non-recurring profit and loss and their amounts
√ applicable □ not applicable
Unit: yuan
| Item |
2020 |
2019 |
2018 |
Remarks |
|---|
| Profit and loss from disposal of noncurrent assets (including the charged-off portion of the accrued provision for asset impairment) |
-428,995,891.32 |
-131,475,162.20 |
-199,112,859.91 |
Income from disposal by the company of fixed assets, intangible assets, productive biological assets and long-term equity investments |
| Government subsidies charged to current |
190,660,819.32 |
113,155,014.75 |
95,039,970.81 |
Income from government |
| profit and loss (except for government subsidies closely related to the business operations and granted according to the national unified standard quota or ration) |
|
|
|
subsidies. |
| Income from the investment cost of acquisition of subsidiaries, affiliates and joint ventures by the company being lower than the share of fair value of identifiable net assets of the investee at the time of acquisition of investment |
38,639,880.76 |
2,974,450.36 |
|
|
| Profit and loss on changes in fair value resulting from holding of held-for-trading financial assets and financial liabilities, derivative financial assets and derivative financial liabilities and investment income from disposal of held-for-trading financial assets and liabilities and derivative financial assets and liabilities, except for valid hedging transactions related to normal business operations of the company |
-28,494,319.70 |
-17,670,301.34 |
-6,857,566.64 |
Income acquired by the company from purchase of held-for-trading financial assets |
| Reversal of impairment provision for receivables and contract assets subjected to separate impairment test |
18,297,193.43 |
9,764,097.98 |
2,868,506.28 |
|
| Other non-business revenue and expenditure other than the aforesaid items. |
-319,504,381.58 |
-211,725,664.34 |
-191,688,125.85 |
Mainly consisting of expenditure on normal death and elimination of livestock and poultry. |
| Other items of profit and loss that conform to the definition of non-recurring profit and loss. |
|
10,217,271.00 |
38,494,221.19 |
|
| Minus: effect of income tax |
40,748,118.86 |
-1,579,982.80 |
22,444,882.63 |
|
| Effect of minority interests (after tax) |
-41,676,337.11 |
6,954,012.15 |
42,713,167.57 |
|
| Total |
-528,468,480.84 |
-230,134,323.14 |
-326,413,904.32 |
-- |
For non-recurring profit and loss items defined by the company according to the “Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Profit and Loss”, and for defining the non-recurring profit and loss items enumerated in “Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Profit and Loss” as recurring profit and loss items, the reasons shall be explained.
□ applicable √ not applicable
During the reporting period, there was no circumstance in which the company defined the non-recurring items of profit and loss as defined and enumerated in the “Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Profit and Loss” as items of recurring profit and loss.
Section 3 Company Business Overview
I. Main businesses of the company during the reporting period
The main businesses that the company conducted include feed, white-feathered poultry, pig farming and food.
(I) Feed business
Feed can be classified into premix feed, concentrated feed and compound feed (or complete feed) according to the scope of nutritional ingredients contained. Premix feed is the mixture of various nutritional additives such as vitamin, mineral substance and amino acid; The concentrated feed is formed after adding various animal and vegetable proteins into the premix feed; the compound feed is formed after further adding various energy raw materials into the concentrated feed. In terms of the final nutritional needs, the amount of nutritional additives used is small but with high unit value, and the energy raw materials have a low unit value but with large amount used, while the protein raw materials are between both. Among 250 million tons of feeds nationwide in 2020, the premix feed only accounted for about 2.4%, and the concentrated feed about 6%, and the compound feed more than 91%. What is produced by the vast majority of feed producers is compound feed. Large companies have large demands for premix feed and concentrated feed due to their large outputs of compound feed, so they generally would produce premix feed and concentrated feed themselves. The small and medium-sized enterprises only produce compound feed due to their small scale, and purchase required premix or concentrated feed as needed from the premix unit of large enterprises or other independent premix enterprises. Some farmers of considerable scale would also purchase the premix or concentrated feed directly, before blending the protein and energy raw materials into them for use. The feed business of the company covers premix and concentrated feed as well as compound feed, of which the premix and concentrated feed are sold directly to external markets, and also to internal batching plants.
The feed can also be divided into poultry feed, pig feed, aquatic feed, and ruminant feed according to the animals to be fed. Among the feed yield nationwide in 2020, the poultry feed, pig feed, aquatic feed and ruminant feed accounted for 50%, 35%, 8% and 5% respectively. The feed products of the company include all the aforesaid categories. As the company has a downstream business of raising white-feathered poultry and pigs, the poultry feed and pig feed produced by the company are made available to downstream contract farmers and in-house livestock farms in addition to being sold to external markets. The aquatic feed and ruminant feed produced by the company are sold to external markets.
The main parts of feed business include technology development, raw material procurement, production and processing, and sales service, usually simply referred to as “technology, procurement, production and sales”. Of them, the interaction between technology and procurement is the closest. This is because the raw material cost of feed products accounts for 80-90% of selling price, and acquiring the cheap raw materials is one of key success factors. However, the raw material procurement should take the nutritional needs into account, rather than only considering the cost. There are hundreds of raw material types, resulting in thousands of formula combinations. Companies need to design the lowest-cost formula that meets the specific nutritional needs according to the nutrient contents and costs of different raw materials at a given time, thereby making appropriate procurement decisions. The production and processing parts mainly focus on production efficiency and product quality. The sales service part mainly focuses on customer development and maintenance, sells the products that meet different needs to different customer groups, helps farmer households enhance the breeding performance through additional services, optimizes the cost and efficiency of the distribution process, feeds back the customer needs and product problems to the technology research and development department in time to form good interactions.
In recent years, the domestic feed industry has entered the mature stage, as the growth rate of national feed yield from 2015 to 2020 was 1.4%, 4.5%, 5.9%, 2.8% and -3.7% and 10.4% respectively on a year-on-year basis. With the steadily growing total quantity, the feeds for different animal species would show different growth trends due to different impacts of long, intermediate and short cycles. The long cycle refers to the cycle of industrial upgrading and technical progress, for example, the poultry feed with a higher degree of downstream large scale farming, a higher penetration rate of compound feed and relatively more mature technology has slower overall growth than the pig feed and aquatic feed in recent years. The intermediate cycle refers to the cycle of supply-demand relation and price changes of livestock and poultry products, as the periodic increase and decrease in breeding quantity of a particular type of animal downstream will affect the increase and decrease of sales volume of the corresponding feed type upstream. The short cycle refers to the natural disasters and animal epidemics that affect specific animals, such as H7N9 flu that affected the poultry feed in the first half year of 2017, rainstorms and floods in the south China that affected the aquatic feed in 2017, and ASF that has been greatly affecting the pig feed from the mid-2018 up to now. In 2019, under the influence of ASF, the pig feed output nationwide decreased by 26.6% year-on-year. In 2020, China actively encouraged the recovery of pig farming and major companies marketed their live pigs in succession, while pig feed output rose again, by 16.4% year-on-year, reaching 86% of the level of 2018.
The competition became increasingly fierce due to the maturity of the industry as a whole. On the one hand, each company strives to pursue innovation on the basis of existing business processes. On the other hand, they are extending across the upstream and downstream of the industry chain and optimizing their strategic positioning. In terms of technology research and development, the microbial fermentation technology spurred the development of biological environment-friendly feed, while aquatic feed is being upgraded from sinking granulated feed to floating expanded feed, with more segmented feed types emerging in other categories according to the feeding phases. In terms of raw materials procurement, companies continuously explore more diversified new-type raw materials, while for the conventional bulk raw materials, the upstream important raw materials bases are secured by means of strategic partnership agreement, equity participation or self-run operation, with the accuracy of bulk purchasing enhanced by using big data, futures and other financial instruments. In terms of production and processing, more efficient and convenient logistics can support the transportation of a larger radius, thus giving rise to more and more feed factories with larger capacities. Companies improve efficiency through more centralized large-scale production, while at the same time enhancing the quality through specialized workshops or production lines. In terms of sales service, companies provide multiple forms of value-added services to farmer households in addition to selling feed products, such as technical guidance, animal healthcare veterinarian, financing support, information service, and livestock and poultry sales on a commission basis, as well as strengthen the customer stickiness, shorten the distribution process, increase the ratio of direct supply, help farmer households increase the breeding efficiency and income.
In terms of the upstream and downstream extension of industry chain, companies both extend to raw material planting and trade upstream and reach out to the breeding, slaughter and deep processing downstream. By contrast, due to the difference between pig and poultry (see the description in the white-feathered poultry business for details), most of poultry feed producers extended to the poultry breeding and slaughtering downstream earlier; pig feed producers extended to the pig breeding and slaughtering relatively late. But in the most recent two pig cycles, such extension is becoming more common, especially in the wake of the ASF. Such extension to the downstream reflects the desire of feed producers to control the downstream breeding and consumer needs, so that they can gain the profits from the downstream while ensuring the upstream feed capacities can be fully utilized. The reason behind this lies in shift of supply-demand relation across the industry and gradual scale-up of the downstream breeding operations, as the focus of industry value gradually changes from the feed operations in the past to the downstream breeding and food production.
Be it the enhancement and innovation of existing business or extension of the upstream and downstream of industry chain, they all need to be supported by the comprehensive strength of companies in all aspects. Due to greater comprehensive strength, large companies tend to have increasingly obvious advantages in the competition and growing market shares, thus leading to gradual increase in the industry concentration. From 2013 to 2019, the number of feed producers nationwide dropped to more than 7,800 from more than 10,000, while the number of producers with larger per-plant output continuously grew. The number of producers with annual output of more than 0.1 million tons per plant in 2020 was 749, 128 more than those in 2019, and their combined output accounted for 52.8% of the industry’s total, 19.8% up year-on-year, a growth rate higher than the industry growth rate. The ASF in 2019 even further accelerated the reshuffle and consolidation of the industry. Compared with the large companies, small and medium-sized feed producers are weak in terms of technology, bio-safety and other aspects, and sell their products mostly to family farms and small-scale free-ranging households, the latter of which are more affected by ASF, so that the small and medium-sized feed producers are more affected than their large counterparts. Large companies will face more market spaces after surviving the impact of ASF.
The feed business of the company has been the largest in the domestic feed industry for many years, with the poultry feed business ranking first nationwide, pig feed and aquatic feed ranking among top three nationwide, and ruminant feed also in the front row nationwide. The company leads the industry to embrace the changes by relying on its leading position, and strengthens its product power, purchasing power, productivity and service ability constantly, by launching biological environment-friendly feed and antibiotic-free feed, eliminating the outdated capacities, and building high-output benchmarking plants. On this basis, it actively pursues extension of industry chain and explores transformation and upgrading of its business model. On the one hand, we make full use of downstream industry chain foundation deployed in the past, actively develop the integrated projects of feed – breeding – slaughter, actively invest in and acquire projects related to food and sales, and steadily promote our transformation from a feed producer to a breeder and food producer; on the other hand, the company was the first in the industry to launch the project of “everything flourishing” (poultry flourishing, pig flourishing, fish flourishing, cattle flourishing, sheep flourishing) to provide technical and financial services to farmer households, as well as the managed service oriented towards large pig farms. We set up breeding training management companies or breeding service companies to facilitate the direct engagement with large farms or farmers, meanwhile developing the guarantee business steadily, and jointly promoting the development of feed business.
(II) White-feathered poultry business
The white-feathered poultry refers to large white-feathered broilers and white-feathered meat ducks, characterized by short growth cycle and high feed conversion ratio. More than 4 billion white-feathered broilers and about 3 billion white-feathered meat ducks are slaughtered in China every year, which, together with more than 3 billion yellow-feathered broilers, make up the main source of poultry meat consumption of the Chinese people. The white-feathered poultry business includes breeding poultry propagation, commercial generation poultry breeding, poultry slaughter, and deep processing of poultry meat. As the large-scale and industrial development of white-feathered poultry industry started early and is highly mature in China, coupled with the fact that the number of single slaughtering batch of white-feathered poultry bred is large, it generally needs matching with the large-scale industrial slaughter. Therefore, numerous companies tend to come up with the industry chain of “poultry feed – commercial poultry breeding – poultry slaughter” or integration model. A small number of large companies would also further extend in the breeding poultry upstream and prepared poultry meat downstream respectively, so as to form a more complete industry chain.
The breeding poultry propagation operations can be subdivided into breeding and breeding poultry farming. Breeding refers to selective breeding of high intergenerational good stock, while breeding poultry farming refers to expanding propagation of good breeds selected, and output of commercial generation baby chicks and baby ducks. The breeding part has very high technological complexity and needs long-term research and development accumulation. At present, it is mostly controlled by foreign specialized breeding poultry companies, although some domestic leading companies have made breakthroughs in recent years, by selecting and breeding chickens and ducks with proprietary intellectual property rights. Even the low intergenerational breeding poultry farming is much more technologically sophisticated than the commercial generation breeding, which, coupled with the huge capital investment in breeding poultry farms and breeding egg hatcheries, means it is generally accomplished by companies instead of farmer households. As for the domestic white-feathered poultry industry, in terms of breeding poultry, great grandparent is introduced mostly from foreign specialized breeding poultry companies, before carrying out the expanding propagation of grandparents and parents in China, and then outputting the commercial generation baby chicks and baby ducks. However, as for specific companies, it mainly consists of two categories. Most companies still focus on the downstream of the industry, especially the commercial generation breeding and slaughter, and extend the upstream breeding poultry cultivation only to the parent generation, and output the commercial generation baby chicks and baby ducks for self use, although some of them will further extend to the grandparent generations for breeding. A small number of specialized breeding poultry companies lay particular emphasis on the upstream, focus on introducing fine varieties from abroad, and sell the baby chicks and baby ducks after expanding propagation in China, without getting involved in the commercial generation breeding.
There are two main models involved in the commercial generation breeding, i.e., integrated company-run breeding and breeding through cooperation between company and farmer households. The integrated company-run breeding means the commercial generation chicken and duck breeding is run by a company itself, who ultimately slaughters and sells the chicken and ducks; the breeding through cooperation between company and farmer households means a company provides or sells commercial generation baby chicken and ducks to farmer households and ultimately recovers the adult chickens and ducks for slaughtering. According to the settlement mode and the ownership of chickens and ducks as agreed in the contract, i.e. whether chickens and ducks are owned by the company or farmer households, or whether the baby chicken and ducks are provided or sold by the company to farmer households, the company-farmer cooperative breeding can be further divided into traditional contract breeding model and outsourced breeding model. Whether a company chooses to run the commercial generation breeding on its own or not is related to the technical attributes of this operation. Due to shorter growth cycle and faster turnover speed of the poultry than those of pigs, the farming technology for the poultry is less technically difficult than pig farming, and the single-farm investment threshold is also relatively low. Thus, the domestic poultry farming industry started earlier and is more mature and larger than the pig farming industry. As a result, during the process of commercial generation breeding alone, there is usually no obvious difference in technology and efficiency between companies and farmer households. The significance of companies choosing to operate commercial generation breeding alone lie more in higher requirements raised by the downstream food industry, i.e. the upstream breeding operations are controllable from the beginning to end so as to ensure the food safety. However, in recent years, stricter environmental regulation has brought new changes, as some commercial generation breeding companies or farmer households have to limit or stop production activities or even exit the industry due to being located in banned areas or incompliance with environmental standards despite being located in areas restricted or suitable for breeding. Therefore, the existing participants or new entrants in the industry must first ensure they operate in the areas restricted or suitable for breeding, and then need to input more resources in the sheds, environmental protection and other aspects. In order to adopt new environment-friendly technologies and sheds, even those companies sticking to the “company + farmer” cooperative breeding model also need to build some sheds, adopt new technology and then play a demonstrative role by running breeding operations themselves before popularizing them to farmers.
The capital investment in the poultry slaughter part is huge and is generally accomplished by companies. As described earlier, most poultry slaughtering plants would form the industry chain complementation with the upstream poultry breeding and even poultry feed operations, focus on or preferentially recover the commercial generation chickens or ducks raised by themselves alone or in cooperation with farmer households, but in some areas, the commercial generation chickens or ducks bred and sold by independent farmers in the market would also be flexibly recovered in consideration of reducing the raw material costs and operating costs based on the market quotations. At the same time, there are some poultry slaughter companies in the industry who possess no breeding facilities or feed upstream, but purely rely on recovering the commercial generation chickens or ducks in the market for slaughtering, thus making profits by acquiring at a low price and selling at a high price, and by taking advantage of the incomplete synchronization between the quotations of commercial generation chicken and duck markets and those of chicken and duck meat markets. But such business model is unstable, and many companies often suffer great losses due to misjudgment of market quotations.
As poultry farming in China is more mature and large-scaled than pig farming, the poultry industry did not see apparent trends of greater corporate investment in place of household farming in recent years like the pig industry did. What’s more commonly seen is the normal industry cycle or ups and downs caused by unexpected epidemic factors, leading to capacity expansion and reduction of companies and large-scaled farmer households to varying degrees, but the overall industry structure and market shares of leading players remain stable compared with the pig industry. An effect that materially affected the industry structure in recent years is the strict environmental regulation in summer of 2017, where demolition of a large number of breeding sheds for substandard environmental protection facilities and drastically reduced capacities of poultry breeding resulted in the capacity shortage of poultry breeding since 2018 and the rising prices and profit recovery in terms of poultry breeding. The shortage of pork caused by ASF drove the alternative supply of poultry meat since the beginning of 2019. Although the poultry breeding quantities have been at a higher level than the past years, the poultry industry was in a booming state with high prices and profitability throughout the year. But along with the gradual stabilization of the ASF situation, the live pig capacities nationwide bounced back gradually, which, coupled with the weakened demand due to the COVID-19, caused the poultry cycle to show apparent downward trends faster than pig cycle, as the prices of commercial generation baby chicken and baby ducks started falling remarkably after peaking for recent two years in 2019, by 64% and 72% respectively in 2020, along with 24% and 15% decrease in prices of non-slaughtered chicken and ducks during the same period. Therefore, the white-feathered poultry industry still needs to improve itself in order to overcome the impact of cyclic fluctuations of poultry. In the short run, the important opportunity for the industry is to accommodate the requirements of environmental protection upgrading and actively control commercial generation breeding bases that meet the environmental requirements, starting with environment-friendly renovations and shed upgrading, thereby realizing control over supply quantity and cost, food safety and production rhythm of commercial generation breeding operations; in the long run, the industry still needs the synergy between breeding and slaughtering operations, so as to realize the channel upgrading on the sales end and enable high-standard input in the breeding operations to obtain a higher-premium return in the poultry meat sales.
In terms of breeding poultry propagation, the company is the largest supplier of parental baby ducks and the second largest supplier of commercial generation baby chicks and baby ducks in China, enjoying industry leading technologies especially in the field of breeding duck propagation. The company cooperates with the Chinese Academy of Agricultural Sciences, and elaborately selected and bred the “Zhongxin” Beijing Duck in view of the characteristics of domestic consumption of ducks, which received the certificate of new breed of livestock and poultry (complete set line) issued by China National Commission of Animal Genetic Resources in April 2019, followed by official marketing. Part of baby chicks of the company are sold to other vendors, and the other part are used for its downstream commercial generation breeding. The baby ducks are mainly used for the downstream commercial generation breeding of the company. In 2020, the company further pursued digital management of breeding poultry, enjoying industry leading position in terms of both cost and quality of baby chicks and ducks.
In terms of commercial generation breeding, the company currently focuses on the “company + farmer household” cooperative breeding model, and is upgrading from the traditional contract breeding model to the outsourced breeding model, while gradually intensifying its efforts of in-house, integrated commercial generation breeding in areas where conditions permit. The ownership of commercial generation chickens and ducks in the outsourced breeding model and in-house integrated breeding model belongs to the company and is charged to its production and sales volume of poultry breeding. The total quantity of commercial generation chicken and ducks bred in the aforesaid two models has exceeded 400 million. In terms of the source of baby poultry, the outsourced breeding and in-house integrated breeding operations would first choose the baby poultry produced by the company, while the company also purchases baby poultry from other vendors in the traditional contract breeding model.
In term of poultry slaughter, the company has been ranking first in the industry for many years with its annual slaughtering quantity of about 750 million poultries and poultry meat production and sales volume of about 2 million tons every year. The “Liuhe” branded poultry meat under the company was the designated poultry meat for Shanghai World Expo 2010 and the Qingdao Summit of Shanghai Cooperation Organization 2018, enjoying a strong brand influence. Due to large production and sales volumes, the poultry meat slaughtered and produced by the company has been sold mainly through the traditional trade mode of wholesale markets for a long time. The wholesale market channel can help digest the enormous yields upstream, but is detrimental to establishing the brand image and gaining a larger value space for the poultry meat products of the company in the long run. Therefore, the company has been vigorously advancing the poultry slaughter business to implement the strategic transformation since 2014, by intensifying the short-distance fresh product sales, and expanding the connection with multiple emerging channels such as downstream food processors, supermarket chains, and restaurant chains, reducing its dependence on wholesale market channel, and promoting the channel upgrading.
(III) Pig farming business
The pig farming has much in common with poultry breeding in various intergenerational production processes, i.e. division of work between domestic and overseas companies. The pig farming business includes breeding pig propagation and commercial pig fattening. The breeding pig propagation can be subdivided into breeding and breeding pig farming. Breeding specifically refers to selection and breeding of high intergenerational good stock, while breeding pig farming refers to further expanding propagation of original breeding pigs, and output of boar semen, sows, and commercial generation piglets. The breeding of pigs also needs long-term research and development accumulation due to very high technological complexity. At present, it is mostly controlled by foreign specialized breeding pig companies, although some leading companies in China have made breakthroughs in recent years. However, most domestic companies only introduce the great grandparental pigs from foreign suppliers and carry out the expanding propagation of grandparents and parents in China, without setting foot in the upstream breeding operations. In this regard, some of them are specialized breeding pig companies, who directly sell the breeding pigs and piglets to other companies after expanding propagation of great grandparental pigs introduced abroad, without setting foot in the commercial generation breeding. Some other cases are extension made by large commercial generation pig companies towards the breeding pig cultivation operations upstream in order to ensure in-house availability of breeding pigs and piglets, with the parental breeding pigs and commercial generation piglets produced for their own use. To ensure availability of piglets to themselves, some farmer households would also participate in the parental breeding operations, i.e. they purchase the parental sows and boar semen from companies and then propagate piglets themselves. This is different from the fact that the farmer households only breed the commercial generation poultry in the poultry farming, instead of breeding poultry. Even so, more and more farmer households are exiting from the parental breeding operations gradually. This is mainly because the large companies engage in large-scale and intensive piglet production along with development of the breeding technologies, demonstrating obvious efficiency differences compared with the piglet breeding by farmer households themselves. This is embodied in the most common indictor PSY in the industry. In years before the ASF outbreak, the average PSY of the entire industry was about 17, PSY of large companies is generally over 20, and the average PSY of self propagation and self breeding by farmer households is about 15. After the ASF outbreak, due to the impacts of the epidemic and extensive use of ternary sows resulting from rapid recovery of production, the PSY of the entire industry in the past two years decreased a a whole, but the difference in this regard between major companies and farmer households still exists. During the fattening process of commercial pigs, companies are also considerably different from with the farmers in technology and efficiency, but such difference in efficiency is not as large as it is in the piglet production operations. Coupled with the fact that self-built fattening farms also require additional huge investments of fixed assets, which are detrimental to rapid asset-light expansion, large companies engaged in breeding and piglet production and farmer households focused on the fattening process constitute an allocation with the optimal efficiency formed so far in the industry.
There are also two main models in the commercial pig fattening process, i.e., in-house integrated breeding and “company + farmer household” cooperative breeding. The in-house integrated breeding means the commercial generation pig fattening is run entirely by a company itself. The “company + farmer household” cooperative breeding means a company provides or sells commercial generation piglets to farmer households, who fatten the piglets. This is somewhat different from poultry breeding, i.e. it focuses on outsourced breeding model under the “company + farmer household” cooperative model, whereby piglets are provided to farmer households by a company, and the ownership of piglets and hogs remains with the company, which recovers the hogs after completion of the fattening process. Or alternatively, a company directly sells commercial generation piglets to farmer households, but is not responsible for hog recovery, i.e. the traditional contract breeding model of selling baby chicks and baby ducks and then recovering in the poultry breeding exists less. Similarly, the question of whether companies choose to operate the commercial pig fattening process themselves or not is related to the technical attribute of this operation. During the process of commercial pig fattening, the difference in efficiency between companies and farmers is not as large as it is in the piglet production efficiency at the present stage. Meanwhile, the large investment in in-house fattening affects the return on investment. Therefore, when numerous companies invested in the pig farming industry in recent years, especially at the early stage where they compete for market shares, the vast majority of them first chose the “company+ farmer household” cooperative farming mode, i.e, they invested first in breeding capacities instead of fattening capacities, although the fully integrated in-house fattening model is still less frequently used at the current stage. On the other hand, influenced by the ASF epidemic in recent years, numerous free-range farming households find it relatively difficult to achieve good containment results due to limited access to equipment and facilities, thus posing a higher bio-safety risk. Best-run companies using the integrated in-house farming model in the industry can realize epidemic containment better than household farming to a certain extent through fine management of the in-house fattening operations. Although companies adopting the “company + farmer household” cooperative farming model would help cooperative households with equipment and facility upgrading to varying degrees, such upgrading is after all not as convenient as that of self-run fattening farms; moreover, there are a growing number of automated and IT-enabled equipment emerging that can help reduce costs in long term, these new equipment and technologies are easier to adopt and implement in company-run fattening farms than in cooperative fattening farms of farmer households. Coupled with the gradual elapse of the early stage of competition for market shares and gradual stabilization of the industry structure, major companies shifted their attention again to continuously reducing costs in the long run. These factors made major companies generally willing to subsequently increase the ratio of in-house fattening operations.
The biggest difference between pig breeding and poultry breeding is the degree of vertical integration towards the downstream slaughtering operations. Due to the smaller batches of pigs to be slaughtered than those of poultry to be slaughtered, the small slaughtering houses are capable to do the job, resulting in little motivation to develop pig breeding business in parallel with large-scale industrial pig slaughtering business at the early stage of development. Regardless of whether purchasing sows from pig breeding companies for self propagation and self breeding or directly purchasing piglets, farmer households can choose to contact pig vendors for sale after completion of fattening, before pig vendors sell to slaughtering plants or small slaughter houses. Even though the ratio of large-scale breeding has been increasing in recent years, the annual slaughter scale of breeding clusters of large companies mostly ranges from 300,000 to 500,000 pigs, as opposed to the annual capacity of at least 1 million pigs of large-scale slaughtering plants. At present, after fattening of commercial pigs, large companies still have to sell a large proportion of pigs to pig vendors, although they can sell a limited number of pigs directly to slaughtering plants. Thus, most of the domestic pig breeding companies and pig slaughter companies develop their business independently nowadays.
Due to the longer cycle of pig breeding, the pig breeding has more obvious and stable cyclic characteristics than poultry breeding. A “pig cycle” is generally 3-5 years, which has been gradually extended as pig breeding companies and farming households have been growing in size over the past years and became more capable to sustain their business during the trough period. Since 2006, China experienced three complete cycles and is currently experiencing the fourth cycle. The present cycle started in the mid-2018, and in the first half of 2018, the entire industry saw the lowest pig prices since 2011 due to the capacity expansion in the previous pig cycle. In the second half of 2018, the serious ASF broke out in China, causing losses to both pig breeding companies and farmers to varying degrees. Under the dual impact of depressed market and epidemics, this round of expansion investment has been slowing down, with some companies even stopping expanding. In 2019, when the ASF remained rampant and relevant vaccines and effective treatments are still not available in the industry so far, companies and small and medium-sized farming households continued exiting the industry and only those large companies with good bio-safety track records were capable to expand their business, which led to a sharp reduction in the industry capacity. The swine livestock on hand at the end of 2019 fell by 27.5%, and the number of live pigs marketed in 2019 fell by 21.6%. After the live pig prices exceeded a historic high of 40 Yuan/kg in the second half of 2019, the prices remain relatively high despite zigzag falls. In 2020, while accumulating certain bio-safety control experience, companies pursued large-scale capacity expansions, further recovering the basic production capacity in the live pig industry. By the end of 2020, the live pigs and fertile sows in stock across the country increased remarkably from the end of the previous year, as live pigs in stock reached 407 million, 31.0% up from the end of 2019, and fertile sows in stock reached 41.61 million, 35.1% up from the end of 2019, both figures restored to about 90% of those in normal years.
The company started late in the pig farming business, but has been insisting on business development to high standards since starting its pig farming business. Using a highly automated and intensive production mode, the 1 million swine production project financed and implemented by the company in Xiajin of Shandong since 2013 is dedicated to establishing a benchmark in the domestic pig farming industry. In February 2016, the board of directors of the company deliberated and passed the Strategic Plan for Pig Farming Business, starting to greatly develop its pig farming business. Over the past two years, the company invested heavily in pig farming business in order to capitalize on the opportunities arising in the wake of the ASF outbreak. By the end of 2020, the company realized and reserved a capacity portfolio of over 70 million pigs nationwide, in-house fattening capacities of nearly 4 million pigs in stock and live hog sales of 8.29 million pigs throughout the year, allowing the company to maintain its spot among the top listed companies in the country.
1. Farming model of the company’s pig farming business
In terms of breeding of breeding pigs, the company has established the PIC and Hypor dual-system breeding pig architecture to select pig breeds suitable for regional markets according to the differences between the markets in north and south China. Meanwhile, the company conducts differentiated allocation of its resources according to market regions, and actively establishes its presence in regions where it has comprehensive strengths in terms of consumption, land, environment and logistics to preferentially build pig breeding farms for piglet production. Over the past years, the average PSY of the company’s normal two-way cross-bred sow production has been above 24, an industry-leading figure. In the fattening process of commercial generation, the company gradually built fattening farms according to specific conditions of different regions and projects, and nowadays still focuses on the "company + farmer household" cooperative farming model, supported by in-house integrated farming practices. In 2020, the company’s ratio of integrated in-house farming to cooperative farming was about 1:9. Along with gradual commencement and commissioning of in-house fattening capacities in the second half of 2020, the ratio of integrated in-house farming will gradually increase in the future and the company will realize a business presence centered on integrated in-house farming and supported by “company+ farmer household” cooperative farming. In regions where the comprehensive advantages are not obvious but the company operates pig feed business or has plans to build breeding pig farms but hopes to have suitable cooperative fattening farms that match its free-range farming requirements once commissioned, the company would purchase piglets from other large pig raising companies or specialized breeding pig companies phase by phase, while at the same time adopting cooperative farming model, thus achieving collaborative development of its feed business and pig farming business or early development of cooperative farming households. But along with gradual expansion and perfection of its breeding pig farms and regions of presence, the ratio of outsourced piglet business will become smaller and in-house supply of piglets will be realized in the future.
2. Division of duties in cooperative farming
In the cooperative farming, the company and farmers respectively invest different production factors, assume different duties, and share different earnings and risks. In terms of input of production factors, the company is responsible for the input of piglets, feed, veterinary drugs, vaccines, etc., while farmers provide the input of fixed assets such as piggery. In addition, farmers need to pay a breeding deposit and bear the costs of labor, water, electricity and fuel on fattening farms. In terms of divison of duties, the company is responsible for piglet supply, feed production, epidemic disease prevention and treatment, breeding technology guidance, collection and sales, while farmers are only responsible for daily feeding and cleaning. In terms of earnings and risks, the company bears the market price risk and enjoys the opportunity profit, while farmers neither bear the market risk nor enjoy the opportunity profit. The returns are relatively stable and not directly related to the market prices, but closely related to the breeding results. In addition, from the perspective of the company, there is a risk that farmers don’t abide by the contract or the company’s guidance, and sell pigs or use medication without authorization. However, as the scale of cooperative farming has been growing and cooperative period became longer in recent years, in case of the aforesaid breaches, farmers will bear huge risk of bad faith, and the company will retain the breeding deposit and sue to the court for breach of contract. Therefore, such breaches are becoming increasingly less in real life.
3. Pricing and settlement of the cooperative farming
When the company signs the contract of cooperative farming with farmers, a basic unit price is first formed according to the market conditions at that time, which would change appropriately according to the latest market changes at the time of pig recovery and settlement. When fattened pigs reach the marketable weight, they are weighed, and the basic price is formed by the base unit price multiplying the average weight, before the settlement price is adjusted according to the specific weight of each pig that exceeds or fails to reach the ideal weight range, marketing rate (i.e., the survival rate), rate of conforming products, feeding days, total weight gain, end-to-end ratio of feed to pork, daily average weight gain, excessive consumption of feed and the other production indicators, thus deriving the final breeding service fee.
4. Number and structure of cooperative farmers and their changes
At the end of 2020, there were 2,240 free-range farming households with pigs on hand in cooperation with the company, 16% more than that at the end of 2019. In the free-range farming cooperation in 2020, the company gradually optimized small-sized farmer households and replaced them with larger farmer households for upgrading. Therefore, although the total number of cooperative farmers decreased from the mid-year’s figure, the average size of farmers increased.
From the perspective of scale of livestock on hand, farmers each with less than 500 pigs accounted for about 15%, 21% less than that at the end of 2019; farmers each with 501-1000 pigs accounted for about 36%, unchanged from that at the end of 2019; farmers each with more than 1,001 pigs accounted for about 49%, 21% higher than that at the end of 2019.
From the perspective of farmers' regional distribution, according to the five regions divided by the Ministry of Agriculture for ASF containment, farmers in the north region accounted for about 22%, 4% higher than that at the end of 2019; farmers in the east region accounted for about 38%, 9% down from that at the end of 2019; farmers in the south central region accounted for about 18%, 8% higher than that at the end of 2019; farmers in the southwest region accounted for about 12%, 2% higher than that at the end of 2019; farmers in the northwest region accounted for about 10%, 4% down from that at the end of 2019.
(IV) Food Business
The company classified poultry slaughtering as white-feathered poultry business so as to strengthen its interaction with upstream breeding operations. Therefore, its food business only includes pig slaughtering, deep processing of meat products, central kitchen and other segments.
Food business is the last stage before the value of agriculture and animal husbandry is embodied on the side of consumption in the form of meat products. Among them, slaughtering, as a typical manufacturing industry, has developed for a long time towards maturity. Moreover, due to the slow growth of the downstream meat consumption demand, there is a serious overcapacity of slaughtering for a long time, as the average capacity utilization of slaughter houses of considerable size nationwide is merely about 30%. As previously explained in the description of pig farming business, there is little motivation to develop pig farming business in parallel with large-scale industrial pig slaughtering business at the early stage of development. Despite the increased ratio of large-scaled farming in recent years, pig farming businesses and pig slaughtering businesses in the country develop independently in most cases. From the perspective of slaughtering plants, which often need to collect pigs through pig vendors, they would also face the pressures of short-term shortage of pigs and overcapacity. The government's protection of the production motivation of the breeding industry in rural areas and the stabilization of the consumer prices in urban areas also make the slaughtering industry face the implicit dual price restriction in the upstream acquisition and downstream sales. The occasional happening of livestock and poultry epidemics would also cause periodic fear of meat shortage and bring a negative impact to the industry. In addition, as a labor-intensive processing industry, the rising cost of labor further squeezes the profit margin of the industry. Therefore, the new growth opportunities of the pig slaughtering industry in recent years are to continuously optimize the process to improve the production efficiency and gradually introduce automatic and semi-automatic equipment to replace the labor, when looked at from within the industry. From the external perspective, on the one hand, the premium can be increased by improving the product mix, including extending from slaughter and cutting with raw and fresh meat as the final product to the further processing of meat products and even the production of prepared dishes with higher added value, and the shift from sales of frozen meat to that of the chilled fresh meat; on the other hand, it is to improve the sales channels, that is, shifting from the traditional multilevel wholesale channels to direct supply channels of supermarket chains, chain restaurants, food processing enterprises and other key accounts; the opportunities also lie in cooperating with product optimization and channel optimization to strengthen brand building, promote the transformation of unbranded meat into branded meat, and seek a greater presence in sales channels so as to obtain brand premium. In addition, the gradual development of the cold chain logistics industry in Chian in recent years is also conducive to the sales and direct supply of meat products in a fresher state to supermarkets, restaurants and other channels.
The deep processing of meat products and the central kitchen are the downstream parts of slaughtering process, representing the extension from simple slaughter and cutting to the conditioning and processing operations with a higher added value. Compared with the slaughtering part, the products from deep processing of meat products and central kitchen have higher gross profit rates and relatively stable prices, and have been growing fast in recent years. However, due to longtime Chinese consumption habits, the purchase of raw meat by Chinese consumers still accounts for a very large proportion, while the ratio of purchase of meat products is still relatively small. This means the current overall market space for the deep processing of meat products is still limited. In recent years, the focus of the deep processing companies has been on constantly developing new product forms, changing the consumption structure dominated by ham sausage in the past, creating new consumption scenarios, stimulating more consumer demand for meat products, and expanding the overall market space.
Central kitchen is a typical direction in the exploration of these new forms and new scenarios. With prepared dishes as the main products and catering companies as the main customers, it helps explore new growth opportunities through such product forms and consumption scenarios which are more easily accepted by consumers. Of course, compared with the ordinary deep processing of meat products, central kitchen is more complex in product form, processing technology, preservation technology and supporting logistics, and poses more demanding requirements for business management of companies. In recent years, although numerous companies, especially catering companies, invested in central kitchen, many of them are poorly run and have created excess capacity in this market segment in the short term. On the contrary, food companies can gain unique advantages in the field of central kitchen with their rich experience in factory management and lean production.
As the live pig is the main cost of pig slaughtering, and fresh meat is the main cost of deep processing of meat products and central kitchen, the selling prices of food business would change in the same direction as the prices of live pigs, However, due to the alternative consumption of meat food and the government’s efforts to stabilize consumer prices, the price elasticity of meat food is usually smaller than that of live pigs. When market prices go up, the food business will also, to a certain degree, bear the pressure of increased slaughtering cost (i.e., purchase prices of live pigs) and raw meat cost; especially when the market prices peak, it means live pigs are most undersupplied on the markets and not only the slaughtering costs are the highest but also the cost allocation due to low outputs. From 2017 to 2020, the live pigs in stock nationwide at the end of each year were 433 million, 428 million, 310 million and 407 million respectively. So, the entire year of 2020 saw the lowest level of live pigs in stock nationwide in recent years, causing considerable cost pressures to downstream industries. The pig slaughtering industry, deep processing of meat products and central kitchen industries still need to flexibly control the inventories and reduce costs in a lean manner. In particular, the slaughtering industry also need to properly acquire live pigs while there are minimum live pigs on hand, while at the same time paying close attention to the containment of ASF in pork and meat products, in order to really make profits in the seemingly booming market.
The company's food business has a certain influence in Chian, and enjoys a leading position in specific regions. The company's "Kinghey" branded pork was the designated supplier of the 2008 Beijing Olympic Games, the annual sales of "Meihao" branded pork products’ rank the second in four southwest provinces, "Liuhe" branded poultry meat products are sold across the country and the Porridge Jiahe central kitchen business is one of the largest central kitchens in Beijing market. Over the past years, the company gradually opened a segment market of hotpot catering by starting with deep fried pork slices and other products. Overall, the company's food business and poultry slaughtering business are facing the same challenges of product upgrading and channel upgrading, but unlike its poultry slaughtering business, which is the largest in China, the food business also faces the challenge of cross-regional market development. In these years, the company will also make full use of the existing capacity portfolio and channels of white-feathered poultry, combined with the planned pig farming business, to drive its food business to grow in a larger domestic market and help the company's food brand gradually grow from a local brand to a national one.
II. Significant changes in major assets
1. Significant changes in major assets
□ applicable √ not applicable
2. Major overseas assets
□ applicable √ not applicable
III. Analysis of core competitiveness
(I) The company's core competitiveness in the feed business: Technological legacy coupled innovative organization and products allows the company to rapidly enhance its scientific research capabilities and bio-safety and performance of products so as to meet the upgraded demand for breeding with a greater power of product. On the basis of scale barrier, the company moves towards specialization and industrialization, while the efficiency increase and cost reduction brought about by accumulated strength are beyond the reach of its competitors, making the moat wider and deeper.
1. Strong bargaining power and resource integration capabilities brought by the largest scale. The larger the scale of feed factory, the lower the production cost per ton, which ensures decreased purchase cost of raw materials, therefore, scale is one of the most essential competitive factors in the feed industry. The company's feed sales rank the first in China and the second in the world, and feed production and sales now cover 25 provinces, municipalities and autonomous regions in China. The industry-leading production and sales volume and the extensive market coverage enable the company to connect with domestic and foreign grain business magnates and large channels of the same magnitude, bringing strong bargaining power by virtue of its scale advantage. At the same time, as the largest feed producer in China and one of the largest in the world, the company has easy access to cooperartion with multinational magnates, leading companies in other industries and local governments at all levels in various forms, suggesting a salient advantage of resource integration.
2. The technological legacy plus organizational innovation allows the company to continuously improve its scientific research capabilities. Through many years of accumulation, the company now has established the industry's largest feed nutrition and ingredient database, works closely with several raw material suppliers at home and abroad, keeps track of information about quality of feed ingredients nationwide, allowing the company to formulate the optimal combination of nutrition and cost in a timely manner and reduce the negative impact brought by price fluctuation of raw materials. The company's feed research institute now has 69 bachelors, 184 masters and 36 doctors. The company has cutting-edge near infrared detection technology, and has created near infrared databases comprising over 0.40 million sample spectrums, established over 1200 near infrared speed measurement analysis models covering 40 categories of feed ingredients, 85 types of complete feed, 10 categories of vitamine premixed feed and 10 categories of vitamin, as well as constructed high-precision near infrared spectrum databases and pricing model libraries under multispectral formats and multispectral parameters. In recent years, the company won 6 national science and technology awards, 15 ministerial, provincial and municipal science and technology awards, and owns 5 national key laboratories or centers, 2 provincial key laboratories or centers and 2 academician (postdoctoral) workstations. The company has successively undertaken over 100 national, provincial and municipal key research and development projects, including “13th five-year plan” key R&D projects of “Application and Demonstration of Green, Efficient and Safe Breeding Technology for Poultry” and “Regulation and Mechanism formed by Daily Ration Composition and Feeding System for Healthy and High-quality Meat of Livestock and Poultry”, and presided over Shandong Province’s key research and development project of "Key Technology Research and Industrialization Promotion of Environment-Friendly Antibiotic-free Feed for Swine and Poultry", earning the first prize of Shandong provincial animal husbandry science and technology award 2020 for its safe, efficient and innovative technology research and pilot application of feed ingredient fermentation. In recent years, the company applied for 2,006 patents and was granted 1,371 patents. In 2020, the company applied for 295 patents, including 93 invention patents.
3. The procurement model is constantly upgraded, and the specialized procurement capabilities are continuously improved. Since 2014, the company has further taken stock of and optimized its raw material procurement system, strengthened the centralized procurement at different levels in various forms, actively sorted out its supplier system through a new management platform, and established strategic partnerships with COFCO, Sinograin, Jilin Wine, Xiangyu, Cargill, Bunge, Yihai, DaChan and other excellent raw materials suppliers at home and abroad, which allow the company to access reliable, cost effective raw material supply upstream. In the past two years, due to the the China-US trade war and ASF, etc, the changes of the raw material market were intricate, but the feed supply chain system has rapidly strengthened the the raw materials market price research center, significantly improving the specialized procurement capabilities and continuously upgrading the procurement models for corn, soybean meal and by-products. In terms of corn procurement, the company expanded the purchase of corn in Northeast China when opportune and implemented the strategy of transporting grains from north to south, with over 700,000 tons of corn directly purchased from the producing areas in 2019. In terms of soybean meal procurement, the purchase was concentrated on leading companies to give full play to the advantages of centralized procurement, while reducing costs through protein price difference, cross-regional arbitrage, bulk cargo logistics and precise dosing. In 2020, the centralized procurement rate at the headquarters level reached about 52%, the direct procurement rate of key varieties was as high as 95%, and the turnover rate of raw materials was also increased steadily. Meanwhile, the company actively carried out supply chain financing business, significantly reduced financial costs, and realized the cumulative financing proceeds of about 50.80 million Yuan. In addition, the company will create an end-to-end procurement operation system guided by digitization with a view to constructing a digital supply chain ecosystem for continuously improving its core competitiveness in procurement.
4. Fully serving farmers, and maintaining closer relationship with downstream customers. Relying on its strong strength, the company launched the "pig flourishing" project to provide small and medium-sized farmer households with comprehensive supporting services such as technical and financial services through various forms of cooperation to help them continue pig farming. The "everything flourishing" project, an extension from the "pig flourishing" project, was also tried out for other feed varieties such as aquatic feed, ruminant feed and so on, with satisfactory results, for example, fish flourishing, cattle flourishing, sheep flourishing, etc. Through these projects, the company’s service and support to farmers greatly improved the service experience of farmers and further solidified the partnership between farmers and the company.
5. The expansion of farming business makes the product structure more balanced. The large scale of farming increases the bargaining power in the breeding operations, which means that it is increasingly important for feed companies to control the farming operations. Since 2016, the company has gradually increased its pig farming business by adopting the "company + large farmers" cooperation, etc. In the times of ASF, farming volume has rapidly increased in recent years due to strong bio-safety technologies in the hands of major farming companies. Moreover, the company has also gradually increased the in-house feeding and outsourced feeding of commercial generation table poultry in its white-feathered poultry business, and directly controls farmers through multiyear co-breeding contracts. The company's feed business has strengthened the control over the farming operations through the aforesaid extension of industry chain, while the synergistic effects of feed and farming have improved the profitability of the feed business, with the product structure more balanced and the competitiveness greatly enhanced.
(II) The company's core competitiveness in the white-feathered poultry business: the company masters the proprietary core technology of breeding, seeks continuous innovation in farming facility upgrading and data utilization and strengthens its control over the market through rapid production and sales by leveraging its bargaining power on supply and sale.
1. In terms of breeding of breeding poultry, the company enjoys a remarkable leadership position at home with respect to production technology management, cost management, production efficiency, and product quality, and the company has formed systematic technology and management capabilities. The company's breeding hens each remained producing over 115 healthy chickens in the past two years, and each breeding duck remained producing over 220 healthy ducklings, which are at the domestic leading level. Especially in terms of selection of breeding ducks, the company cooperated with the Institute of Animal Sciences of CAAS to breed "Zhongxin" Beijing ducks with complete intellectual property rights, which broke the monopoly of foreign varieties and filled the gap of domestic white-feathered meat duck breeding industry. Consumption-wise, "Zhongxin" Beijing ducks are characterized by "high lean meat ratio, low sebum ratio and good meat quality". The ratio of breast and leg meat is as high as 28%, and the sebum ratio is lower than 22%, which addressed the difficult problem that duck meat of some foreign varieties is "too fat and fishy" and not suitable for Chinese taste. Farming-wise, "Zhongxin" Beijing ducks are characterized by fast growth, high feed conversion rate, strong resistance to stress, easy feeding and high survival rate, as the ratio of feed to weight reaches 1.9:1 after 40 days of feeding, with all production indicators reaching the international advanced level.
2. In terms of farming of commercial poultry, the company always maintains continuous innovation to go beyond traditional farming bottlenecks in terms of farming model, equipment and management support, leading the industry development as an example. In 2020, a total of 120 patents were filed, including 20 invention patents and 39 patents granted. The company built a digital farming system to bring all production management process data from farms onto cloud to form a big data center in a way that bases onsite management on evidence, while equipping farms wit automatic data acquisition and automatic equipment control systems, in an effort to replace traditional experience-based farming with digital intelligent farming. The company set up large-scaled stage-wise broiler brooding and fattening farms equipped with cages, feeding, heating and transit systems dedicated for the brooding and fattening phases as well as bio-safety, feeding management, epidemic disease control and other field management schemes, a farming model proven feasible through farming of 5 batches of nearly 1.00 million broilers, capable to effectively increase the shed operation efficiency by 70%. To resolve issues with traditional manual duck harvesting such as difficult access to labor, low efficiency, high attrition rate and high costs, the company developed an automatic duck harvesting system that increases the efficiency by 150%, reduces costs by 60% and lowers the attrition rate by 80%. Meanwhile, the company compiled 10-odd farming standards such as “Equipment Maintenance and Servicing Standard”, “Standard Operating Technique for Three-dimensional Farming of White-feathered Meat Ducks”, “Bio-safety Management Standard for Farms” and “Commercial Poultry Farming SOP”, which are used to guide efficient production onsite.
3. In terms of poultry slaughtering, the company has the largest share of the white-feathered poultry slaughtering market in China, with its poultry meat sales accounting for about 10% of the national total poultry meat output in 2020, enjoying a leadership position especially in the field of white-feathered meat duck, where it has a strong bargaining power when facing the downstream markets. In terms of raw materials supply, as the main producing areas are concentrated in Shandong and surrounding provinces such as Henan, Hebei, Shanxi, Liaoning, coupled with the fact that the company continued increasing the ratio of in-house breeding of commercial generation in recent years, the company has strong bargaining power in poultry farming contracts or market poultry acquisition in those regional markets. In terms of slaughtering and processing operations, the company presided over the formulation and revision of the industry standard "Operating Procedures for Livestock and Poultry Slaughtering - Duck" by virtue of its largest scale of duck slaughtering in China and the leading technology level; In recent years, through construction and transformation, the company increased the automatic and intelligent levels of its slaughtering plants, and also strengthened the standardization and SOP development, while all of its plants constantly improve and optimize existing operations and process standards in light of reality, thus resulting in remarkably increased flexible manufacturing capabilities and product premiumization capabilities, and enhanced ability of fast production and fast sale. In terms of sales, the company further promotes the policy of “setting sales targets by consumption, setting production targets by sales, and fast production and fast sale", which allows the inventory turnover rate of products to remain at a high level, and overcame the adverse impact of cyclic fluctuations of agricultural product prices on the company's operations to a certain extent.
(III) The company's core competitiveness in pig farming business
1. The clustered, integrated pig farming model highlights the cost advantage
The holistically planned clustered, integrated pig farming model at least configures grandparental farms and parental farms within a cluster and will also configure fattening farms at the same time in the upgraded version of cluster called “Xiaolong” model, thus achieving the aggregation of full matching of pig breeding process, talent sharing, environment-friendly technology optimization and industry chain, with higher production efficiency and lower cost than the traditional farming model.
First, the industry-leading pig farm construction capabilities and advanced production technology help effectively reduce the bio-safety risks of pig farms and ensure the healthy production of pig herds. The production technology and process are more in line with the principle of whole-in, whole-out, pigsty matching, separate production of sows and weaned pigs, automatic regulation of shed environment and reasonable planning of excrement and urine storage and transportation.
Second, the production efficiency is high, and each indicator is at the industry leading level. In terms of production of breeding pigs, the company now cooperates with the best-run international breeding pig companies of PIC and Hypor to establish a dual-system breeding pig architecture , which allows selecting suitable pig breeds according to the market differences between the south and north China; in terms of breeding capabilities, the company adopts multi-angle combination of algorithm technology, dynamic core group management technology and full-automatic breeding pig determination technology, all of which are the most advanced breeding technologies in the world. Through cooperation with breeding experts in universities of the US and Thailand, the algorithm is constantly optimized, and the intensity of breeding is improved. In the clustered model, each cluster has its own core propagation group, thus ensuring the bio-safety of breeding boars and the efficient production of piglets. In 2020, the total number of piglets per pigsty, the number of live piglets per pigsty and number of weaned piglets per pigsty of self-reproduced sows at the company were all industry-leading.
Last, through systematic application of production and management technologies, the cost of fattening pigs has been continuously reduced. In recent years, the company orderly implemented application and practice of various new technologies in the industry, and formed a complete set of production management technologies. By standardizing the costing items and methods of all branch companies and refining the weight gain cost model to realize the comparison of cost management, the company quickly identified each branch's key indicators of cost control. Through the nine-stage scientific nutrition formulation of self-made feed for precise feeding, coupled with the comfortable growth environments provided by best-run, automatic, intelligent and transparent pig farms, the full cost of fattening of the company’s self-produced piglets has been kept at the industry-leading level. In the future, along with further construction of the company’s self-raising fattening farms, the ratio of self-raising fattening will increase gradually.
2. Nationally leading bio-safety protection and control technologies
After two years of exploration, 65 research results in 10 categories have been obtained in the field of ASF containment. With the closed-loop bio-safety containment system, the company won the battle of defense against ASF by stages, as the survival rate of fattening has restored to nearly 90% from the ASF outbreak in the mid-2018 to the end of 2020, an industry-leading figure.
As for the ASF containment for pig farms operated by the company, the company has effectively contained the ASF through transformation of physical facilities and establishment of a scientific ASF management system. In terms of physical facilities, the original breeding pig farms have been actively transformed; all newly-built breeding pig farms were built according to the latest safety standards for ASF containment, with a four-level containment system of red, orange, yellow and green zones in pig farms put into use to effectively isolate ASF virus. In terms of management system, the company established an ASF containment organization, formulated the bio-safety management standards and management processes at all levels, established a complete set of scientific containment work mechanisms and containment programs, set up a multilevel management system from the HQ to echelons and then to frontline business unit, whereby the HQ directs the containment efforts across the board, the echelons provide daily tracking reports, and all feed mills, breeding pig farms and slaughterhouses act in strict accordance with the standard ASF containment policies. This, coupled with flight inspections, point inspections and video monitoring guided by the HQ, and the one-level supervisory system for monitoring the execution process and verifying the results, fully realize implementation of unified standards from top to bottom. Although the attenuated ASF outbreak at the end of 2020 and in early 2021 brought new challenges to the original containment technologies, the company was still able to rapidly respond and timely adjust and upgrade its solutions, thus rapidly reducing the impacts of the epidemic and keeping the overall containment level stable.
For the ASF containment on fattening farms centered on the cooperative breeding model, the company also carried out more strict management according to the containment standards to ensure the safe production of live pigs and production interests of farmers. Firstly, the company subsidizes and assists farmers to complete the renovation and upgrading of sheds, so that the farming conditions meet the ASF containment standards. Secondly, the ASF detection and monitoring was carried out throughout the fattening process of the family farms, including site test before providing piglets, transport vehicle test, feed plant test and materials test, with a timely reporting policy formed in place. Thirdly, for biological assets and production safety, veterinary medicine management, environmental management and other standards, comprehensive upgrade has been made according to requirements for ASF containment, farmers are repeatedly trained, and the standards are fully implemented. The cooperative farmer's understanding of ASF has been effectively deepened through a series of measures, and farmers were enabled to gradually act in accordance with the standards through "communication, assistance, mentoring and inspection", thus effectively guaranteeing safe production of live pigs.
3. Leading pigsty design capabilities for the future
The company has been following the concept of "meeting the needs of pigs, the needs of pig farmers, and the needs of sustainable development" in the design of pig farms, so as to create scientific and automated, intelligent and transparent modern pig farms both for the present use and the future needs, which are the starting point of comprehensive operational capabilities of successful business. The present use means paying attention to the details of production requirements, scientific planning, and eliminating waste. For example, the functional areas, pigstys and pens that match with the established production model; clearly defining the pig, material and other flows in a way that meet the efficiency and bio-safety requirements at the same time; meeting the environmental needs of pigs in different climates and at different stages. Facing the future means focusing on sustainable development needs. For example, intensive construction of pigsties in response to the scarcity of land; zero emissions of pigsty construction; the intelligent and automated design of piggeries in response to increased labor cost.
4. Industry-leading environment-friendly treatment capabilities
The environment-friendly treatment at the plants consists of sewage treatment, solid manure treatment and treatment of sick or dead pigs. In all treatment processes, the company has made available a separate odor treatment method in order to achieve the environmental objectives that fully meet the national standards, and industry-leading environment-friendly treatment capabilities. In terms of sewage treatment, the company adopts the "pre-treatment + UASB + two-stage A/O process", so that the effluents reach the standard of farmland irrigation and allow direct discharge to farmland. The company's treatment method for returning biogas slurry to farmland can make the sow bearing capacity of 1 mu of land reach 30 sows, far more than the industry average of no more than 3 sows, meaning the company only needs 400-500 mu of land to build a sow farm accommodating 12,000 sows. In terms of solid manure treatment, the company adopts the method of vertical fermentation tank, which is closed throughout the process and occupies a small area. Solid manure produced by a farm of 12,000 sows can be treated in only 10-15 days; at the same time, it meets the national discharge standards, and the fermentation process can reach a high temperature of 60-70℃, which can effectively kill the pathogenic microorganisms in feces and avoid the spread of diseases. In addition, the vertical fermentation tank can also deal with sick and dead pigs arising in the plant, thus enhancing the bio-safety and containment capabilities.
5. Continuously innovating in sales method and increasing the sales efficiency across the board
The company's self-raised commercial pigs are sold completely according to the holistically planned pig sales method, so as to ensure the optimal prices of large pigs on the market. Apart from a small portion of live pigs which can be transported to the company-owned slaughtering plants for slaughter, other marketable live pigs are sold through the "easy pig trading" and “Jubaozhu”, both being live pig trading platforms developed by the company. After more than one year's accumulation, the system of this trading platform is becoming increasingly mature in algorithm and trading data, guiding pig sales through the generated pig price index, forming regional price comparison and monitoring, and helping increase the company's average pig sales prices.
(IV) The company's core competitiveness in the food business: high-quality resources across the industry chain, traceability of food safety, and gradual upgrading of brand channels
1. In the terms of products: Safety, precise research and development, and flexible production across the industry chain Relying on the company's whole agriculture and animal husbandry industry chain, the company’s food business can acquire safe raw livestock and poultry that is controlled in the upstream operations of feed, breeding and farming, truly achieve food safety from the farmland to table through the safe production in slaughter and deep processing operations, which allows the safest and most confident fresh chilled meat to reach the dining tables of consumers. In 2018, the company established its food industry research institute and set up an excellent food research and development team for product development. The strong research and development capabilities support the company to develop a variety of To B and To C products for customers and consumers at the food end. The company is capable of standardized and efficient production, has participated in the formulation of " GBT 9959.1-2019 Fresh or Frozen Pork and Pork By-products: Part 1: Pork Slices" and other national standards, and constantly raises the level of automated and intelligent operations through construction and transformation in recent years. The company also constantly strengthens standardization and SOP development, while its factories constantly improve and optimize the existing operations and process standards in light of reality, resulting in significantly increased flexible processing capabilities and product premiumization capabilities.
2. In the terms of branding: a strong combination of parent and child brands created. In the context of consumption upgrade, the food business is being established fast in a brand new manner. The "New Hope Food", as the parent brand, is supported by high-quality resources across the agriculture and animal husbandry industry chain whether on the To B end "New hope Liuhe" or To C end "New Hope Food", which makes the parent brand more viable. Meanwhile, “Kinghey”, “Liuhe”, “Meihao” and “Porridge Jiahe”, as the child brands, have also been recognized by the customers and partners in the industry for many years. In recent years, the company, relying on product development and channel promotion in a series of segment markets, created a whole new brand positioning “Meihao exclusive for hotpot”, which gradually won the heart and mind of catering customers and consumers and will also help the company open new spaces for its food business.
3. In the terms of sales channels: The advantages of traditional channels are solid, while the emerging channels are growing rapidly. The company has been operating the whole farming and food industry chains for many years, further consolidates and strengthens its traditional circulation channels such as wholesale markets, farm markets and raw materials processing, while synchronously upgrading and moving forward new channels in the context of intensified market competition and consumption upgrade. At the To B end, the company focuses on the catering market, establishes specialized sales service teams, and provides long-term services to Haidilao, Kungfu, Yunhaiyao and other catering companies, winning the honor of high-quality supplier many times. At the To C end, the company has made good progress in the supermarket and e-commerce channels. In the terms of supermarket, we have established presence in Wal-Mart, RT-Mart, Yonghui, Carrefour, Hema, Wumart, Metro and other national key supermarkets, covering a total of over 5,000 stores. In terms of e-commerce, the company has deeply penetrated the JD and Tmall platforms. In 2020, the Meihao Deli segment participated in 8 leading live streaming sessions throughout the year, obtaining about 4.00 million in-store views; during the Double Eleven shopping festival, the single item of deep fried pork slices ranked among the top 10 hotpot meatball ingredients on JD.com and ranked the second during the Double Twelve shopping festival; the single item of deep fried pork slices ranked the first in the category of processed vegetables/semi-finished dishes/quick dishes on Tmall.com three times throughout the year, as well as the first in the category of instant dishes twice. At the same time, the company actively reached out into new retail and new business formats, and carried out full cooperation with Ali Retail System, JD New Channel and other emerging channel customers to make continuous innovation and upgrading of products and supply chain. Relying on operations across the whole industry chain, the company will continue to optimize and upgrade its channel structure, provide good value-added services through integration of internal and external resources, constantly improve the premiumization capabilities for products and services, and build barriers to competition.
Section 4 Discussion and analysis of business operations
I. Overview
In recent years, the company has been adhering to the medium-and long-term strategy of "strengthening the feed business, expanding pig business, refining poultry business, providing excellent food, and deepening overseas operations", creating a balanced portfolio of inter-industry livestock and poultry diversification and integration of agriculture and food in the industry. The company is committed to becoming a high-quality blue-chip enterprise with stable growth, a modern enterprise that leads the industry’s scientific and technological innovation, the vanguard of international operations for Chinese farming and food companies, an investor-friendly company, and a wonderful company that actively fulfills social responsibility.
In 2020, ASF’s impact continued in the pig industry, but the live pigs on hand and fertile sows on hand in the country started recovering slowly after reaching the bottom of this cycle in the fourth quarter of the last year, thanks to the gradual stabilization of the situation due to a raised level of containment across the industry. 41.61 million fertile sows were on hand nationwide at the end of 2020, turning positive for the first time on a year-on-year basis and 35.1% more than that at the end of previous year; the number of live pigs on hand rose back to 407 million, 31.0% more than that at the end of the previous year, both live pigs and sows on hand returning to about 90% of those in normal years. However, as the ongoing recovery of fertile sows on hand and live pigs on hand across the industry still relies heavily on use of the three-way backcross technology, the industry still faces the challenges of low farrowing efficiency, high elimination rate and low survival rate of piglets, meaning there is still a long way to go before the industry capacities truly recover. In 2020, after peaking during the Spring Festival, pork prices experienced zigzag falls and rapid recoveries, before bouncing back again in August to above 37 Yuan and ultimately remaining around 32 Yuan at the end of the year. Although the subsequent pork prices will go down in a zigzag manner, they are expected to remain high for a long time, which brings a window of tremendous opportunity to leading companies that can rapidly grow and properly contain ASF at the same time. In particular, the No. 1 document issued by the Central Government in early 2020 further emphasized the need to achieve decisive victory in poverty alleviation and realize a moderately prosperous society in all respects as scheduled, but extremely rarely elaborated “how to accelerate the recovery of live pig production” in a special section, fully reflecting the high attention of the central government to this issue and further showing that the pig business is facing not only tremendous market opportunities but also tremendous policy opportunities. Meanwhile, however, the attenuated ASF that started spreading at the end of the year is also bringing new challenges to the whole industry. Against this backdrop, the company seized the opportunities to actively acquire resources, rapidly increase its scale and grasp market shares, with considerable results, but it also exposed certain deficiencies in rapid development, which call for review and continuous improvement.
In the poultry industry, as the two-year market boom has resulted in obvious industry overcapacity, both grandparental breeding hens on hands and parental breeding hens on hand nationwide in 2020 reached the highest level in the past five years. Along with the increased live pig supply brought by the gradual stabilization of the ASF situation, coupled with the weakened consumer demand caused by the COVID-19, the poultry cycle began going down obviously and faster than the pig cycle, and the prices of commercial baby chicks and baby ducks started falling dramatically after reaching a height of nearly one year in October and November of 2019, by 64% and 72% respectively throughout 2020, during which period the pries of non-slaughtered chicken and ducks also fell by 24% and 15% respectively, leading the whole poultry industry to face tremendous pressures throughout the year.
In the feed business, pig feed business saw increase in both output and profitability throughout the year along with the ongoing ASF containment, recovering live pigs on hand and high pig prices; poultry feed sales volume increased steadily thanks to the high level of commercial poultry breeding stock in the first half of the year plus the company’s strong foundation in poultry feed; in terms of aquatic feeds, in the context of consumption upgrading of residents, aquatic feed saw increased demands for famous, high-quality and specialty categories centered on structural changes, leading to dramatically increased sales volume of special aquatic feeds of the company, but ordinary aquatic feeds faced pressure like the whole industry did due to changed consumption structure. At the side of raw materials, the northeast region as a main corn-producing region saw remarkably decreased output due to being hit by typhoons several times in the summer of 2020, and the prices of corn futures skyrocketed from 1,900 Yuan/t in early 2020 to 2,700 Yuan/t at the end of the year, causing material cost pressure on the company’s feed business. But overall, the industry saw more opportunities than risks throughout the year, especially when the company made remarkable achievements in the past years by continuously improving its feed business.
In 2020, the company continued with its organizational optimization and upgrading while keeping its five strategic business units running stably. In its rapidly growing pig business, six vertical teams of the company lost no time to acquire external resources in the first half of the year before agilely regrouping into new four vertical teams at the end of the year along with gradual replenishment of the company’s land project resource reserve; moreover, the company set up five middle offices in its pig business headquarters system in the second half of the year to help frontline business units improve. In the relatively mature feed business, the “new regions” with more long-acting appraisal and incentive mechanisms were expanded from 3 provinces at the end of the last year to 6 provinces at present, while at the same time the company started establishing a feed business management committee in the second half of the year in order to strengthen its feed business units at home and abroad and the collaboration feed mills operating under its poultry and pig business units. In the food business, a food business development headquarters was established to strengthen the collaborative development of all units of the food business. Along with organizational optimization, the company advanced its digital transformation synchronously by initially completing organizational design and talent echelon building for digital transformation within the year; meanwhile, the company continued beefing up its industrial technology R&D by increasing its R&D personnel by 42% and R&D input by 53% year-on-year. In terms of capital operation, the company successfully completed the issuance and listing of 4 billion-Yuan convertible bonds in early 2020; a 10 billion-Yuan renewable corporate bond project launched in the first half of the year was approved for registration within the year, and 4 billion-Yuan private placement to the major shareholder was completed within the year; the company also launched a new round of 8.15 billion-Yuan convertible bond project in the second half of the year in furtherance of its business development. The COVID-19 outbreak in the first half of the year also posed unexpected challenges to the industry and the company, but the company lost no time to respond by rapidly and orderly arranging work resumption while strengthening employee safety and epidemic containment efforts and contributed to the secure supply of daily necessities across the country, while actively participating in anti-epidemic assistance by donating RMB 10 million Yuan in cash to Sichuan Green Belt Charity Foundation for agro-related COVID-19 containment and relief of populations in need. Through the aforesaid efforts, within the reporting period, the company achieved business revenue of 109.825 billion Yuan, 27.775 billion Yuan more year-on-year, registering a growth rate of 33.85%; the company achieved 4.944 billion Yuan in net profits attributable to shareholders of the listed company due to its decreased income from investments in China Minsheng Bank, 98 million Yuan down year-on-year, or 1.94% down; but its agricultural and animal husbandry business realized 3.930 billion Yuan in net profits attributable to shareholders of the listed company, 574 million Yuan more year-on-year, or 17.10% up.
(1) Feed business: organizational adjustment provides precise empowerment, with sales margin growing steadily.
The feed business remains a major pillar of the company, capable to provide a stable profit foundation for the company amid fluctuations of pig and poultry cycles. In the first half of 2020, the company expanded its “new regions” with more long-acting appraisal and incentive mechanisms to 6 provinces of Guangdong, Guangxi, Henan, Sichuan, Hubei and Jiangsu. At the end of 2020, the company set up its feed business management committee at its headquarters to further strengthen various feed units at home and abroad and resource coordination among feed mills running under poultry and pig businesses, facilitate specialized skills improvement, define various functions of middle and back offices and precisely empower its fronts. On this basis, the company continued improving its competitiveness in product power, purchasing power, manufacturing power and service power, resulting in strong growth.
1. Build up the power of product: responding to antibiotic-free feed policy with biology and environmental protection and coming closer to markets with research and development In response to the “new policy on antibiotic-free feed” started in the feed industry in July 2020, the company, by making full use of its multiyear technological legacy of biological environment-friendly feed, launched 5 solutions for pig feed and poultry feed in succession in the first half of the year, which laid a solid foundation for continued growth of its feed business after the enactment of the aforesaid new policy. The company also energetically brought its R&D centers closer to markets and advanced construction of secondary R&D centers on the basis of the feed research institute at the corporate level, with 24 secondary R&D centers built in place so far; meanwhile, the company beefed up staffing of nutritionists for feed varieties across regions for market-driven R&D, rapid transformation of achievements, further farming technology training and increased customer satisfaction.
2. Build up the power of procurement: strengthen the import of raw materials and trade finance collaboration in 2020, the global spread of COVID-19, coupled with the turbulent international situation, posed greater challenges to purchase of imported raw materials. While intensifying the development of homemade raw materials, the company established an imported raw materials project team in the first half of the year to ensure proper selection and purchase of imported raw materials, and secured the GMO license. Meanwhile, with gradually strengthened centralized procurement at the levels of headquarters and operating area, the company continued strengthening centralized procurement by headquarters, with HQ centralized procurement rate of over 52% throughout the year in furtherance of reduction in procurement costs. In addition, relying upon its centralized large purchases and powerful capabilities of capital allocation, the company made greater efforts to adopt the model of decentralized negotiation and centralized payment and conducted centralized settlement in order to reduce the funding cost in the procurement process.
3. Build up the power of manufacturing: Lean production for cost reduction and efficiency increase, and distribution of big plants for capacity optimization. The company continued advancing lean production, with its per-ton full cost decreased by over 10% year-on-year throughout the year. The company also continued pursuing construction of big plants in support of capacity optimization and upgrading, as 2 plants realized sales volume of over 0.40 million tons each, 1 plant 0.30-0.40 million tons and 25 plants 0.20-0.30 million tons each throughout the year.
4. Build up the power of service: solidifying its advantageous financial services and ushering in a new chapter of special aquatic feed services. The company has been committed to building an integrated animal nutrition service platform across the industry chain for its feed business. As financial services have been a strong suit of the company among various types of services, the company continued actively assisting farmers in accessing external agricultural guarantees and quick bank loans this year, while its various funding sources such as “everything flourishing” effectively supported the financial needs of farming households. Special aquatic feed is a market segment that the company has been focusing its efforts on in recent years, as the the company achieved a leapfrog growth of 120% year-on-year in its special aquatic feed business by setting up service stations for essential farming bases, increasing staffing of service personnel, and coordinating the access to resources both upstream and downstream such as breeding stock, water diversion and animal healthcare.
During the reporting period, the company sold 23.92 million tons of various feed products, 5.23 million tons more year-on-year, or 28% up; 17.68 million tons of feeds were sold externally, 19% up year-on-year (a year-on-year growth of 10% in national total feed output). Among them, 6.70 million tons of pig feed were sold, 68% up year-on-year, and external sales of pig feed amounted to 3.46 million tons, 23% up year-on-year (16% up year-on-year in national pig feed output); 15.19 million tons of poultry feed were sold, 15% up year-on-year, and external sales of poultry feed amounted to 12.48 million tons, 19% up year-on-year (8% up year-on-year in national poultry feed output); 1.31 million tons of aquatic feed were sold, 10% up year-on-year (4% down year-on-year in national aquatic feed output); the company achieved business revenue of 51.646 billion Yuan, 9.215 billion Yuan more and 21.72% up year-on-year; the company realized gross profits of 3.727 billion Yuan, 290 million Yuan more and 8.43% up year-on-year.
(II) White-feathered poultry business: developing production bases according to strategies and flexibly operating the business for efficiency increase and cost reduction.
The white-feathered poultry business is an important cornerstone of the company’s business growth and also an important part of the company’s extension towards the downstream end of food. Over the past year, along with the gradual stabilization of the ASF situation, the live pig production capacities nationwide gradually recovered, which, coupled with the weakened demand caused by the COVID-19, caused the poultry cycle to go down apparently and faster than the pig cycle. The company stuck to its strategic priorities by continuing building more farming bases on the one hand, on the other hand, the company ensured efficiency increase, cost reduction and flexible operation throughout its business processes to mitigate the adverse effects.
1. Flexibly adjusting output of young breeding poultry and taking many measures for efficiency increase and cost reduction. Facing the downward market trends, the company’s breeding poultry business unit conducted agile operation scheduling, rapidly adjusted the capacities of old-age poultry and hatching standards, and flexibly adjusted the output of young breeding poultry to reduce deficits; the company shortened the shed idle period by optimizing the operation process in order to reduce depreciation expenses and labor costs; established provenance health databases and increased the survival rate of young breeding chicks by establishing a digital assessment system for introduction of breeding chicks; reduced the labor costs and energy consumption by adopting automatic feeding, closed environmental control and automatic egg collection systems, farming shed thermal energy recovery devices and other advanced technical equipment; realized the online sales of 50% of the internally-generated duck variety “Zhongxin Duck” and reduced the selling costs by establishing digital marketing platforms.
2. Continue developing production farming bases against the cycle and reduce the input cost by adjusting the model. When the market prices begin going down or even remain at the bottom, most of industry participants, especially free-range farming households, would slow down their investments and capacity expansion or even gradually exit the industry, at which time opportunities exactly exist for leading companies to expand their business against the cycle. In 2020, the company completed leasing, trusteeship or construction of 54 in-house commercial generation farms with additional capacities equivalent to annual output of about 146 million birds, in addition to in-house commercial generation farms under construction that have capacities equivalent to annual output of 66 million birds. Facing the existing farmer cooperation system, however, the company continued increasing the ratio of direct supply throughout the year to 100% in case of chicken business and 80% in case of duck business, 78% and 60% up from the end of the last year respectively.
3. Continuing to optimize channels and products on the end of poultry meat and automating its slaughter process for cost reduction. The COVID-19 outbreak in the first half of the year seriously affected the consumption of poultry meat, but the relatively safer and higher-quality sales channels and consumption scenarios also embraced an earlier and better recovery during and after the epidemic. The company also continued to optimize its channels and products by taking advantage of these trends. The company intensified its efforts to acquire customers in proximity on one hand, on the other hand the company made greater efforts to develop such advantageous channels as food processing, catering services, supermarkets and new retail beyond the traditional wholesale market channel, and strengthened sales of fresh products and customized products in response to the needs of these channels, with the sales in advantageous channels increased by 23% year-on-year. In order to match product requirements of different types of customers, the company divided integrated units of its poultry business into three industry chain models of “whole chain”, “half chain” and “efficiency first”, and created differentiated management standards and differentiated marketing and service strategies based on customer hierarchy; on this basis, the company further pursued grading of its slaughterhouses and accelerated automation upgrading and renovation for those slaughterhouses that match with advantageous channels.
During the reporting period, the company sold a total of 507.65 million baby chicks and baby ducks, 14.15 million more and 2.9% up year-on-year, 423.64 million commodity chicks and ducks were sold, 99.97 million more and 30.9% up year-on-year; 737.19 million adult chicks and ducks were slaughtered, 11.29 million more and 1.6% up year-on-year, indicating a further increased ratio of commercial generation farming and slaughtering business; 1.8573 million tons of chicken and duck meats were sold, 47,200 tons more and 2.6% up year-on-year; the company achieved business revenue of 18.379 billion Yuan, 2.980 billion Yuan less and 13.95% down year-on-year; the company realized gross profits of 907 million Yuan, 1.368 billion Yuan less and 60.12% down year-on-year.
(III) Pig farming business: with leapfrog development underpinning the large scale, open a new chapter of business operations by summarizing the shortcomings
Pig farming has gradually become another pillar business of the company in recent years. The ASF led to the most tense situation of live pig supply nationwide never seen before in history at the end of 2019, when the attention given by the No.1 document issued by the central government to the “need to accelerate recovery of live pig production” made the year 2020 a critical year for the industry investment and resumption of production, acquisition of project resources and grabbing of market shares. The company made considerable progresses in engineering, breeding pig, talent and funding this year, which laid a solid foundation for the subsequent shift to the phase centered on operations before full capacity recovery of the industry and the exit of favorable government policies.
1. Process optimization and technological innovation, and accelerated process of project implementation. Despite the unfavorable commencement of project construction due to the COVID-19 in the first half of the year, the company accelerated its project construction schedule; technologically, the company also gradually explored and adopted greenhouse pig farming and temporary breeding pig cultivation farms, in an attempt to replace traditional pig farms with greenhouses or temporary breeding pig cultivation farms that are built faster at a lower cost but meet the safety and anti-epidemic standards in furtherance of breeding pig cultivation. By the end of 2020, the annual capacities of breeding pig farms commissioned by the company exceeded 30 million pigs, and the annual capacities of breeding pig farms under construction exceeded 25 million pigs, increasing the balance of fixed assets and construction in progress of the company by 109% and 132% respectively from the end of the previous year. In addition, there were capacities of projects planned, contracted in terms of land or reserved which exceed 15 million pigs, thus increasing the theoretically achievable maximum capacity of pig farming beyond 70 million pigs, 7 times that at the end of 2018. Moreover, both the projects under construction versus projects in operation and projects planned and reserved versus projects under construction showed a gradually decreased ratio in north and northwest regions and gradually increased ratio in east, central south and southwest regions. The gradual improvement of subsequent regional distribution will also help improve the selling prices of the company’s commodity pigs. The company also started working on building fattening farms, as fattening farms with a breeding stock of nearly 4 million pigs are built in place at the end of 2020, with fattening farms with additional breeding stock of 11 million pigs under planning and construction, which will help further increase the ratio of in-house fattening operations.
2. Developing breeding business with long-term and short-term measures, with the breeding pigs on hand growing at a quickened pace. In short term, the company worked hard on the paces and plans of purchase, introduction and hybridization of breeding pigs in light of its project progress by purchasing two-way cross-bred breeding pigs and reproducing them in house, exerted control over the key nodes of “commencement, variety introduction, first-time hybridization, completion and farrowing”. Moreover, the company actively researched and practiced the three-way sow backcross technology to help increase the quantities of breeding pigs on hand rapidly. In the long term, the company pays sufficient attention to specialized development of breeding pig selection and cultivation business by forming a dedicated pig breeding company in the second half of the year, managing the essential cluster of breeding pig farms of the company in operation and to be built independently, and focusing on development of the cutting-edge breeding technologies. Currently, the company’s pig breeding team has developed a suite of genetic breeding software called “HUGE” and started commissioning it to help the company select and breed excellent pigs in a more convenient and efficient manner, improve reproduction and growth performance and increase the farming profitability. By the end of 2020, the company’s breeding pigs on hand totaled 2.18 million, nearly 3 times those at the end of 2019, of which fertile sows approached 1.20 million if classified by production status and great grandparental/grandparental sows exceeded 0.20 million if classified by intergeneration, laying a good foundation for subsequent development.
3. Continuous iteration of ASF containment measures and full-scale adoption of intelligent technologies. In line with its comprehensive bio-safety containment approach that is characterized by “multilevel isolation, full-scale detection and precise elimination”, the company further optimized its systems and upgraded its technologies and established a dedicated production management middle office in the second half of the year, consisting of production technology department, health management department and feed nutrition department, all tasked to provide holistic management and guidance and empowerment for production and epidemic prevention of the company’s pig farming business. Meanwhile, the company constantly established more testing labs, with 165 testing labs established nationwide by the end of 2020, as opposed to 20 at the end of the last year. In terms of hardware equipment, the company made concentrated efforts to advance the development, provisioning and use of intelligent prevention and control equipment within pig farms, such as infrared imagers, portable PCR and standard chambers, which, in conjunction of lab tests, can identify abnormal pigs faster and more accurately, thus ensuring early discovery and precise removal. For pig farms operated by the company, the company equipped them with upgraded materials fumigation chambers, disinfection points and materials transfer stations and formulated standard processes for ingress and egress of materials and personnel into and from pig farms, with a view to further containing the epidemic. With respect to management of free-range farming activities of farmers, the company also continued assisting farmers in renovating farms, making available intelligent equipment, providing technical support, and arranging free-range farming personnel for onsite management when necessary to assist farmers with bio-safety protection and control. Thanks to stable ASF containment efforts in 2020, the company managed to keep the full cost of fattening for self-produced piglets at 14.4 Yuan/kg in the year, a figure still desirable in the industry.
4. With more than 40,000 pig industry practitioners, multichannel financing contributes to business development. In terms of talent reserve, the company continued recruiting more external practitioners on one hand, by conducting online communication and online recruitment amid the impact of the COVID-19; on the other hand, the company launched a “bridging program” internally to encourage colleagues interested in pig farming from other industrial sectors to switch to the pig farming business. By the end of 2020, the company’s employees engaged in pig business approached 45,000. For new recruits, the company conducted systematic training by means of “unified design by the HQ and collaborative organization by vertical teams”. In terms of capital reserve, the company has a total of over 80 billion Yuan general credit limits with many financial institutions worldwide, of which less than 50% have been used so far, with the average financing cost kept below 3. 6% throughout the year. In addition, the company completed issuance of 4 billion Yuan convertible bonds and issuance of 2 billion Yuan medium term notes (COVID-19 containment bonds) and 1 billion Yuan ultra-short-term financing bills in 2020, and a 4 billion-Yuan private placement to the major shareholder, which will more effectively support the financial needs of its pig farming business in the future.
Despite the aforesaid achievements, due to the external impacts of ASF and COVID-19, the company also faced major challenges in many aspects while achieving rapid expansions unprecedented in the industry, underperforming in numerous aspects compared with the market expectations and internal challenging objectives of the company. For example, while rapidly advancing project construction, connections among certain parts were inadequate, leading to less desirable hybridization progresses; after extensive use of three-way sow backcross technology, sow production efficiency decreased; purchased piglets and sows drove up the current cost of sales; the personnel expansion went so fast that the company ran short of support and management of frontline teams; since the beginning of the winter, the mutated attenuated epidemic delivered unexpected blows to both the industry and the company. But in the final analysis, all of the aforesaid issues are challenges that the company has to face in its extraordinarily rapid development in order to pursue both long and short-term objectives. As the project construction of the company at the early stage has reached a considerable size, the pig farming business is moving gradually from the development-centered phase to an operation-focused phase, where the company will review its previous issues in time, make improvements and constantly improve the quality of its business operations while keeping moving forward steadily.
During the reporting period, the company sold a total of 1.7648 million breeding pigs and piglets and 6.5277 million hogs, totaling 8.2925 million pigs, 4.7426 million more and 186.0% up year-on-year; the company achieved business revenue of 24.777 billion Yuan (slightly fewer than the accumulated sales revenue of the year indicated in the monthly live pig sales briefings due to involvement of sales to internal slaughterhouses), 17.290 billion Yuan more and 230.94% up year-on-year; the company realized gross profits of 5.731 billion Yuan, 2.846 billion Yuan more and 98.66% up year-on-year.
(IV) Food business: continued optimization of products and channels and collaborative innovation of marketing and logistics Food business is the direction of the company's long-term transformation and development. In 2020, the company optimized and adjusted the organizational structure of its food business by establishing a food business development headquarters at its headquarters, setting up four operating regions of north China, east China, south China and southwest China on its frontline and strengthening the collaborative development of all units of its food business, so as to constantly expand greater markets.
1. Launched new hotpot ingredient products in succession and established segment market brands: the deep fried port slices launched by the company in 2019 remained best-selling into 2020, with annual sales revenue of over 600 million Yuan, realizing a more than threefold year-on-year growth. With the help of channels and brand popularity created by deep fried pork slices, the company launched “pure” starch-free sausage, starch-free small sausages of pure meat, beef slices, luncheon meat, coriander pork meatballs and yak meat rolls that are suitable for hotpot scenarios, which, along with the traditionally advantageous ham sausage products of the company, constituted a powerful matrix of hotpot ingredients and created a whole new brand position of “Meihao exclusive for hotpot”, thus gradually winning the heart and mind of customers and consumers and greatly boosting the development of hotpot chain store customers.
2. Sunk marketing efforts inside Sichuan and upgraded market expansion models outside Sichuan:. In Sichuan markets, the company formulated a “point-to-point” dedicated marketing program for leading customers across cities, concentrated its promotional resources to seize customers of competitors. In non-Sichuan markets, the company gradually intensified its efforts to develop supermarket channel and catering channel on the basis of its previous wholesale agency model, and in addition to setting up four operating regions of north, east, south and northwest China for regional coordination, the company formed a market development strategy whereby three food units of central kitchen, fresh meat and deli lead the development efforts in response to three essential consuming areas of Beijing, Shanghai and Guangzhou and Shenzhen respectively and other units collaborate and follow up on products, thus fully interfacing with the top-level retail channels in the aforesaid regions. In terms of year-round sales regions, regional sales outside southwest China held a percentage of 55% with a revenue percentage of 65%, currently on its way to change the previous situation where southwest region was the only stronghold of the company, and to beef up the company’s position in key markets across the country.
3. Collaborative innovation of marketing and logistics supports development of emerging channels: the COVID-19 outbreak in the first half of the year seriously affected the catering channel and regional markets in Hubei and Wuhan. By leveraging the opportunities amid the crisis, the company established its presence in five supermarkets such as Zhongbai Holdings and Fresh Hema in Wuhan, thus expanding its channel coverage while helping resume production and ensure supply in Wuhan, with additional 162 retail outlets opened. With this as an opportunity, and by leveraging its market development strategy featuring collarative operation, the company brought its fresh meat and deli businesses into leading supermarkets such as Fresh Hema, Wulmart, Walmart and Metro at the same time this year. The travel restrictions brought about by the COVID-19 in the first half of the year objectively promoted the further development of e-commerce channels, and the company intensified efforts to increase its brand popularity through platform ads, promotion, live streaming and community-based group purchase, as the Meihao Deli segment participated in 8 leading live streaming sessions throughout the year, obtaining about 4.00 million in-store views; during the Double Eleven shopping festival, the single item of deep fried pork slices ranked among the top 10 hotpot meatball ingredients on JD.com and ranked the second during the Double Twelve shopping festival; the single item of deep fried pork slices ranked the first in the category of processed vegetables/semi-finished dishes/quick dishes on Tmall.com three times throughout the year, as well as the first in the category of instant dishes twice. To ensure the rapid stocking increase in e-commerce channel, the company worked with third-party specialized cold chain logistics companies such as SF Express, Jiuye and Fresh Life to explore the possibility of establishing frontend warehouses nationwide so as to build up its supply chain distribution capabilities, which will in turn further promote subsequent market development outside Sichuan.
During the reporting period, the company sold 207,700 tons of pork products, 24,900 tons less and 10.7% down year-on-year, mainly due to the bottoming of live pigs on hand, which resulted in increased difficulties purchasing pigs; the company sold 216,800 tons of various deep-processed meat products and prepared dishes, 40,200 tons more and 22.8% up year-on-year, with a further increased ratio of deep-processed product sales; the company’s food business realized business revenue of 8.845 billion Yuan, 1.696 billion Yuan more and 23.73% up year-on-year; realized gross profits of 960 million Yuan, 3 million Yuan less and 0.35% down year-on-year.
The company is required to comply with the disclosure requirements set forth in “Shenzhen Stock Exchange Industry Information Disclosure Guideline No. 1—Listed Companies engaged in Livestock and Poultry and Aquaculture-related Businesses”.
II. Analysis of main business
1. Overview
See the related contents of “I. Overview” of “Discussion and Analysis of Business Operations”.
2. Revenue and cost
(1) Composition of business revenue
Unit: yuan
|
2020 |
2019 |
Year-on-year increase or decrease |
|---|
| Amount |
Proportion of business revenue |
Amount |
Proportion of business revenue |
|---|
| Total business revenue |
109,825,224,396.56 |
100% |
82,050,539,486.67 |
100% |
33.85% |
| By industry |
| Feeds |
51,645,798,339.39 |
47.02% |
42,430,962,048.33 |
51.72% |
21.72% |
| Poultry business |
18,379,397,801.40 |
16.74% |
21,358,579,417.11 |
26.03% |
-13.95% |
| Pig business |
24,776,869,214.55 |
22.56% |
7,486,899,555.82 |
9.12% |
230.94% |
| Food |
8,844,558,922.88 |
8.05% |
7,148,518,393.85 |
8.71% |
23.73% |
| Commerce and trade |
5,579,175,375.68 |
5.08% |
2,853,366,739.82 |
3.48% |
95.53% |
| Others |
599,424,742.66 |
0.55% |
772,213,331.74 |
0.94% |
-22.38% |
| By product |
| Feeds |
51,645,798,339.39 |
47.02% |
42,430,962,048.33 |
51.72% |
21.72% |
| Poultry business |
18,379,397,801.40 |
16.74% |
21,358,579,417.11 |
26.03% |
-13.95% |
| Pig business |
24,776,869,214.55 |
22.56% |
7,486,899,555.82 |
9.12% |
230.94% |
| Food |
8,844,558,922.88 |
8.05% |
7,148,518,393.85 |
8.71% |
23.73% |
| Commerce and trade |
5,579,175,375.68 |
5.08% |
2,853,366,739.82 |
3.48% |
95.53% |
| Others |
599,424,742.66 |
0.55% |
772,213,331.74 |
0.94% |
-22.38% |
| By region |
| Overseas |
11,189,224,766.85 |
10.19% |
9,094,799,718.18 |
11.08% |
23.03% |
| Domestic |
98,635,999,629.71 |
89.81% |
72,955,739,768.49 |
88.92% |
35.20% |
(2) Industries, products or regions that account for more than 10% of the company’s business revenue or operating profits
√ applicable □ not applicable
Unit: yuan
|
Business revenue |
Operating costs |
Gross margin |
Increase or decrease in business revenue from the same period of the previous year |
Increase or decrease in operating cost from the same period of the previous year |
Increase or decrease in gross margin from the same period of the previous year |
|---|
| By industry |
|---|
| Feeds |
51,645,798,339.39 |
47,918,610,681.28 |
7.22% |
21.72% |
22.89% |
-0.88% |
| Poultry business |
18,379,397,801.40 |
17,472,109,536.99 |
4.94% |
-13.95% |
-8.44% |
-5.71% |
| Pig business |
24,776,869,214.55 |
19,045,639,386.11 |
23.13% |
230.94% |
313.86% |
-15.40% |
| Food |
8,844,558,922.88 |
7,884,739,965.57 |
10.85% |
23.73% |
27.48% |
-2.62% |
| By product |
|---|
| Feeds |
51,645,798,339.39 |
47,918,610,681.28 |
7.22% |
21.72% |
22.89% |
-0.88% |
| Poultry business |
18,379,397,801.40 |
17,472,109,536.99 |
4.94% |
-13.95% |
-8.44% |
-5.71% |
| Pig business |
24,776,869,214.55 |
19,045,639,386.11 |
23.13% |
230.94% |
313.86% |
-15.40% |
| Food |
8,844,558,922.88 |
7,884,739,965.57 |
10.85% |
23.73% |
27.48% |
-2.62% |
| By region |
|---|
| Overseas |
11,189,224,766.85 |
9,974,638,794.33 |
10.85% |
23.03% |
23.97% |
-0.68% |
| Domestic |
98,635,999,629.71 |
88,200,511,759.89 |
10.58% |
35.20% |
37.59% |
-1.55% |
Data about main business of the company after the most recent adjustment according to the statistical specification at the end of reporting period if the statistical specification of main business data of the company was adjusted during the reporting period
□ applicable √ not applicable
（3） Whether the company’s physical sales revenue exceeded the labor service revenue
√ Yes □ No
| Industry classification |
Item |
Unit |
2020 |
2019 |
Year-on-year increase or decrease |
|---|
| Feeds |
Sales volume |
10,000 tons |
2,391.9 |
1,872 |
27.77% |
| Production output |
10,000 tons |
2,390.11 |
1,870 |
27.81% |
| Inventory |
10,000 tons |
14.3 |
16.09 |
-11.12% |
| Slaughtering and meat products |
Sales volume |
10,000 tons |
226.71 |
204.3 |
10.97% |
| Production output |
10,000 tons |
230.14 |
205.59 |
11.94% |
| Inventory |
10,000 tons |
8.01 |
4.58 |
74.89% |
Remarks on causes of more than 30% year-on-year change in related data
√ applicable □ not applicable
Year-on-year increase in slaughter and meat product inventories was mainly due to increased inventory stocking of the company.
（4） Performance of significant sales contracts executed by the company as of this reporting period
□ applicable √ not applicable
(5) Composition of operating cost
Unit: Yuan
| Industry classification |
Item |
2020 |
2019 |
Year-on-year increase or decrease |
|---|
| Amount |
Proportion of operating cost |
Amount |
Proportion of operating cost |
|---|
| Feeds |
Main materials |
40,994,371,437.84 |
85.55% |
33,444,870,991.73 |
85.77% |
-0.22% |
| Feeds |
Auxiliary materials |
5,012,286,677.26 |
10.46% |
3,942,260,064.43 |
10.11% |
0.35% |
| Feeds |
Packaging materials |
450,434,940.40 |
0.94% |
339,244,931.36 |
0.87% |
0.07% |
| Feeds |
Payroll |
253,968,636.61 |
0.53% |
226,163,287.57 |
0.58% |
-0.05% |
| Feeds |
Manufacturing costs |
608,566,355.65 |
1.27% |
553,710,117.85 |
1.42% |
-0.15% |
| Feeds |
Fuel and power |
598,982,633.52 |
1.25% |
487,420,878.39 |
1.25% |
0.00% |
| Slaughtering and meat products |
Main materials |
21,371,853,946.51 |
90.03% |
21,065,687,874.61 |
90.89% |
-0.86% |
| Slaughtering and meat products |
Auxiliary materials |
64,076,024.45 |
0.27% |
88,073,070.66 |
0.38% |
-0.11% |
| Slaughtering and meat products |
Packaging materials |
442,532,296.31 |
1.86% |
324,479,734.01 |
1.40% |
0.46% |
| Slaughtering and meat products |
Payroll |
1,021,248,514.10 |
4.30% |
989,663,188.74 |
4.27% |
0.03% |
| Slaughtering and meat products |
Manufacturing costs |
520,570,078.93 |
2.19% |
435,729,928.53 |
1.88% |
0.31% |
| Slaughtering and meat products |
Fuel and power |
320,792,535.47 |
1.35% |
273,490,061.53 |
1.18% |
0.17% |
| Farming |
Feeds |
4,880,226,339.42 |
23.62% |
2,048,872,611.39 |
30.61% |
-6.99% |
| Farming |
Veterinary drugs |
440,088,150.00 |
2.13% |
122,490,587.35 |
1.83% |
0.30% |
| Farming |
Seedling costs |
12,299,740,642.92 |
59.53% |
3,638,572,857.07 |
54.36% |
5.17% |
| Farming |
Payroll |
1,433,902,235.21 |
6.94% |
601,074,029.74 |
8.98% |
-2.04% |
| Farming |
Agricultural manufacturing |
1,163,237,692.25 |
5.63% |
218,207,275.83 |
3.26% |
2.37% |
|
costs |
|
|
|
|
|
| Farming |
Depreciation of productive biological assets |
442,154,291.55 |
2.14% |
62,918,662.36 |
0.94% |
1.20% |
| Farming |
Packaging materials |
2,066,141.55 |
0.01% |
1,338,694.94 |
0.02% |
-0.01% |
Remarks
None
（6）Whether the scope of consolidation changed during the reporting period
√ Yes □ No
1. The entities added to the consolidated statements of this year include: Zhejiang Yihai Agricultural Development Co., Ltd, Zhejiang Jiuyifeng Agricultural Technology Co., Ltd, Hangzhou Guanglv Farming Co., Ltd, Zhejiang Xindongwan Agricultural Development Co., Ltd, Tianjin Jingwu Breeding Pigs Co., Ltd, Tianjin Qingyang Desheng Breeding Pigs Co., Ltd, Tianjin Shengxi Lianhua Livestock & Poultry Farming Co., Ltd, Tianjin Guotai Farming Co., Ltd, Tianjin Lvdiyuan Organic Fertilizers Co., Ltd, Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd, Yancheng Zhongtai Livestock Co., Ltd, Xiangshan Huatong Animal Husbandry Co., Ltd, Jiangmen Xinliu Farming Co., Ltd, Taiqian New Hope Liuhe Luxin Food Co., Ltd, Shandong Kinghey Food Co., Ltd, Guangzhou Hope Food Co., Ltd, Lijin New Hope Liuhe Farming Co., Ltd, Lijin Zhongxin Duck Farming Co., Ltd, Puyang Hope Food Co., Ltd, Bengbu Hope Food Co., Ltd, Sichuan New Hope Liuhe Xueyu Tianlu Supply Chain Management Co., Ltd, Sichuan New Hope Liuhe Food Co., Ltd, Jiexi New Hope Agricultural Investment Partnership (LP), Sichuan New Hope Agricultural Development Partnership (LP), Yichun New Hope Livestock Industry Development Fund Partnership (LP), Shandong New Hope Agricultural Investment Co., Ltd, Shandong New Hope Agricultural Development Co., Ltd, Shandong New Hope Xinnong Equity Investment Fund Partnership (LP), Huazhou Xinchi Livestock Co., Ltd, Wushan Xinchi Agricultural and Animal Technology Co., Ltd, Guangyuan Xinchi Farming Co., Ltd, Ji’an Xinchi Farming Co., Ltd, Gaoxian Xinchi Farming Co., Ltd, Jiexi New Hope Farming Co., Ltd, Yingtan Xinliu Technology Co., Ltd, Keerqin Zuoyi Middle Banner Xinhao Farming Co., Ltd, Binzhou Zhanhua District Xinliu Farming Technology Co., Ltd, Handan New Hope Liuhe Farming Co., Ltd, Anyue New Hope Liuhe Farming Co., Ltd, Weiyuan Xinliu Farming Technology Co., Ltd, Longhui New Hope Liuhe Farming Co., Ltd, Hainan Xinliu Nongken Farming Technology Co., Ltd, Yichun Xinwang Farming Co., Ltd, Lipu Xinhao Farming Technology Co., Ltd, Liaoning Xinwang Food Co., Ltd, Dongying Xinhao Modern Farming Co., Ltd, Hengyang Xinhao Farming Co., Ltd, Yixian Xinliu Farming Technology Co., Ltd, Changning New Hope Liuhe Eco Farming Technology Co., Ltd, Nanhe Xinhao Farming Technology Co., Ltd, Xinmin Xinwang Farming Co., Ltd, Ruian New Hope Liuhe Farming Co., Ltd, Shanxian Xinhao Farming Co., Ltd, Kaiping Houpu Feeds Co., Ltd, Fujian Datian New Hope Liuhe Farming Co., Ltd, Nanjing Xinmu Farming Co., Ltd, Gulin Xinliu Eco Farming Technology Co., Ltd, Shuyang Xinliu Farming Technology Co., Ltd, Wuyi Xinhao Farming Co., Ltd, Yantai Xinhao Farming Co., Ltd, Binzhou New Hope Xinhao Farming Co., Ltd, Dacheng Xinhao Technology Co., Ltd, Laizhou New Hope Liuhe Farming Co., Ltd, Zhenjiang New Hope Liuhe Farming Co., Ltd, Chongqing Qianjiang District Xinhao Farming Technology Co., Ltd, Yanyuan Xinliu Farming Technology Co., Ltd, Jiangxi New Hope Liuhe Farming Technology Co., Ltd, Suining Xinliu Farming Technology Co., Ltd, Xiajiang Xinliu Farming Co., Ltd, Zhaoxian Xinhao Farming Co., Ltd, Neijiang New Hope Liuhe Farming Technology Co., Ltd, Quyang Xinhao Farming Co., Ltd, Luochuan Xinliu Technology Co., Ltd, Dongguang Xinhao Farming Co., Ltd, Dazhu Xinliu Farming Technology Co., Ltd, Dongming Xinmu Farming Co., Ltd, Leizhou Xinhao Farming Co., Ltd, Jianwei Xinhao Farming Co., Ltd, Changle New Hope Liuhe Farming Co., Ltd, Tianjin Xinliu Farming Technology Co., Ltd, Tianjin New Hope Liuhe Farming Technology Co., Ltd, Quzhou Xinhao Farming Co., Ltd, Panzhou Xinliu Farming Development Co., Ltd, Lezhi Xinmu Farming Co., Ltd, Shangyi Xinliu Farming Technology Co., Ltd, Pingyuan Xinliu Farming Technology Co., Ltd, Pucheng Xinliu Technology Co., Ltd, Mianning Xinliu Farming Technology Co., Ltd, Chongren New Hope Liuhe Farming Co., Ltd, Xiamen Xiashang New Hope Agricultural Development Co., Ltd, Fu’an Xinliu Farming Technology Co., Ltd, Chengdu Xinjin Xinhao Farming Co., Ltd, Anqiu New Hope Liuhe Farming Co., Ltd, Hainan Danzhou Xinliu Farming Technology Co., Ltd, Meishan Xinmu Farming Co., Ltd, Julu Xinliu Farming Technology Co., Ltd, Zhucheng New Hope Liuhe Farming Co., Ltd, Taizhou New Hope Liuhe Farming Co., Ltd, Fuxin Xinwang Livestock Co., Ltd, Langzhong Xinliu Farming Technology Co., Ltd, Guigang Gangnan District Xinliu Farming Technology Co., Ltd, Cangzhou Xinliu Farming Technology Co., Ltd, Shanxian Xinliu Farming Technology Co., Ltd, Yiliang Xinliu Farming Technology Co., Ltd, Longhai New Hope Liuhe Farming Co., Ltd, Guilin Xinhao Farming Technology Co., Ltd, Gongcheng Xinhao Farming Co., Ltd, Pizhou New Hope Liuhe Farming Co., Ltd, Wannian New Hope Liuhe Farming Co., Ltd, Pingchang Xinmu Farming Technology Co., Ltd, Rizhao Xinhao Farming Co., Ltd, Luding Xinyue Farming Technology Co., Ltd, Shixing Xinmu Farming Co., Ltd, Zhenyuan Xinmu Agricultural Development Co., Ltd, Shangcai Xinliu Farming Technology Co., Ltd, Neijiang Xinyue Farming Technology Co., Ltd, Zizhong Xinyue Farming Technology Co., Ltd, Guilin Gongcheng Xinyue Farming Technology Co., Ltd, Yibin Xinyue Farming Technology Co., Ltd, Hengyang Xinyue Farming Technology Co., Ltd, Yishui Xinhao Farming Co., Ltd, Liuzhou Xinhao Farming Technology Co., Ltd, Lianzhou Xinliu Farming Technology Co., Ltd, Lijin Xinliu Farming Technology Co., Ltd Qinhuangdao Xinliu Farming Technology Co., Ltd, Langfang Xinliu Farming Technology Co., Ltd, Leizhou Xinwang Farming Co., Ltd, Shaoyang Xinmu Farming Co., Ltd, Guangyuan Xinyue Farming Technology Co., Ltd, Shiyan Xinyue Farming Technology Co., Ltd, Chenzhou Xinyue Farming Technology Co., Ltd, Nantong Xinmu Farming Co., Ltd, Rongxian Xinmu Farming Co., Ltd, Qinzhou Xinhao Farming Co., Ltd, Binyang Xinhao Farming Co., Ltd, Faku Xinwang Livestock Co., Ltd, Lianjiang Xinwang Farming Co., Ltd, Neijiang Xinyue Farming Technology Co., Ltd, Kaili Xinyue Farming Technology Co., Ltd, Bazhong new Hope Pig Breeding Technology Co., Ltd, Suyang New Hope Liuhe Farming Co., Ltd, Guangzhou New Hope Liuhe Livestock Co., Ltd, Huishui Xinliu Farming Technology Development Co., Ltd, Luzhai Xinliu Farming Technology Co., Ltd, Putian New Hope Zhenxing Livestock Co., Ltd, Leshan Shawan District Xinfu Livestock Co., Ltd, Chongqing Nanshan District Xinliu Farming Technology Co., Ltd, Qianshan Xinyue Farming Technology Co., Ltd, Yunan Xinyue Farming Technology Co., Ltd, Julu Xinhao Farming Co., Ltd, Yongxing Xinliu Farming Technology Co., Ltd, Chaoyang Xinwang Farming Co., Ltd, Youxian Changhao Farming Co., Ltd, Hangzhou New Hope Liuhe Farming Co., Ltd, Wenling New Hope Liuhe Farming Co., Ltd, Dianjiang Xinyue Farming Technology Co., Ltd, Xiaogan Xinyue Farming Technology Co., Ltd, Shaoguan Xinyue Farming Technology Co., Ltd, Jinhu Xinyue Farming Technology Co., Ltd, Suixi Xinyue Farming Technology Co., Ltd, Zhaoyuan Xinmu Breeding Co., Ltd, Sihui Xinhao Breeding Co., Ltd, Tangshan Muzhen Feeds Co., Ltd, Pucheng New Hope Farming Technology Co., Ltd, Xiajin Xinhao Feeds Co., Ltd, Heze Xinhao Feeds Co., Ltd, Baiyin New Hope Liuhe Feeds Co., Ltd, Zaozhuang New Hope Jinke Feeds Co., Ltd, Weixian New Hope Feeds Co., Ltd, Ningbo New Hope Liuhe Feeds Co., Ltd, Tongliao New Hope Feeds Co., Ltd, Hengyang New Hope Agricultural Technology Co., Ltd, Hanzhong New Hope Liuhe Farming Technology Co., Ltd, Quzhou New Hope Liuhe Feeds Co., Ltd, Qingzhou New Hope Feeds Co., Ltd, Sishui New Hope Yuwang Technology Co., Ltd, Yanggu Anputai Biotechnology Co., Ltd, Qingdao New Hope Liuhe Training Base Co., Ltd, Guanling Xinmu Breeding Co., Ltd, Qingdao Yifengda Livestock & Poultry Breeding Co., Ltd, Heishan Qinwang Meat Duck Breeding Co., Ltd, Dezhou Xinying Livestock & Poultry Breeding Co., Ltd, Shouguang Qihang Livestock Co., Ltd, Handan Henong Livestock & Poultry Breeding Co., Ltd, Changyi Leihang Livestock Co., Ltd, Liquan New Hope Liuhe Farming Co., Ltd, Zibo Xinmu Mechanical Technology Co., Ltd, Feixian Fusheng Breeding Co., Ltd, Shandong Xiangsheng Livestock & Poultry Breeding Co., Ltd, Sichuan New Hope Animal Nutrition Technology Co., Ltd, Qingdao Xinmu Zhihe Technology Co. Ltd, Hanshan Xinyue Farming Technology Co., Ltd, Longquan Xinyue Farming Technology Co., Ltd, Xiangyang Xinyue Farming Co., Ltd, Rizhao Qinyijia Eco-agricultural Development Co. Ltd, Ruzhou New Hope Liuhe Feeds Co., Ltd, Gongqingcheng Huahan New Hope Investment Management Partnership (LP) and Changshan New Hope Liuhe Farming Co., Ltd, a total of 200 companies. In this part, Zhejiang Yihai Agricultural Development Co., Ltd, Zhejiang Jiuyifeng Agricultural Technology Co., Ltd, Hangzhou Guanglv Farming Co., Ltd, Zhejiang Xindongwan Agricultural Development Co., Ltd, Tianjin Jingwu Breeding Pigs Co., Ltd, Tianjin Qingyang Desheng Breeding Pigs Co., Ltd, Tianjin Shengxi Lianhua Livestock & Poultry Farming Co., Ltd, Tianjin Guotai Farming Co., Ltd, Tianjin Lvdiyuan Organic Fertilizers Co., Ltd, Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd, Yancheng Zhongtai Livestock Co., Ltd and Xiangshan Huatong Animal Husbandry Co., Ltd were included in the scope of consolidated statements as of the purchase date, while remaining companies were all established by means of investment in 2020 and included in the scope of consolidated statements as of the date of establishment.
2. The entities removed from the consolidated statements this year include Yanchuan Yongxiang Animal Husbandry Development Co., Ltd, Kaiyuan Liuhe Yahui Feeds Co., Ltd, Shanghai Heshi Commerce Co., Ltd, Yangjiang New Hope Liuhe Feeds Co., Ltd, Kitchen Pioneer Management Consulting (Bejing) Co., Ltd, Yishui Xinhe Livestock & Poultry Breeding Co., Ltd, Xianning Xinhao Farming Co., Ltd, Zaoyang Liuhe Feeds Co., Ltd, Shenyang Liuhe Bofeng Feeds Co., Ltd, Liaoyang Liuhe Bofeng Feeds Co., Ltd, Tangshan Liuhe Feeds Co., Ltd, Pingdu Liuhe Hengli Feeds Co., Ltd, Shanghai Yijiuyi International Trade Co., Ltd, Yishui Xinliu Breeding Co., Ltd, New Hope Liuhe Investment Inc. and Dezhou Shangyu Down Products Co., Ltd, a total of 16 companies. Of them, Yanchuan Yongxiang Animal Husbandry Development Co., Ltd, Kaiyuan Liuhe Yahui Feeds Co., Ltd and Shanghai Heshi Commerce Co., Ltd were no longer included in the scope of consolidated statements as of the date of disposal due to disposal of shares in such companies this year, while remaining companies were all deregistered in 2020 and were no longer included in the scope of consolidated statements as of the deregistration date.
(7) Significant changes or adjustments to businesses, products or services of the company within the reporting period
□ applicable √ not applicable
(8) Major trade debtors and major suppliers
Major trade debtors of the company
| Total sales to the top 5 customers (Yuan) |
3,661,219,995.91 |
| Percentage of total sales to top 5 customers to annual total sales |
3.33% |
| Percentage of related-party sales in sales to top 5 customers to annual total sales |
0.64% |
Information on top 5 customers of the company
| No. |
Customer name |
Sales (Yuan) |
Percentage of annual total sales |
|---|
| 1 |
Huabao Food Co., Ltd |
1,073,010,787.15 |
0.98% |
| 2 |
Shandong Longda Meat Food Co., Ltd |
1,019,073,989.05 |
0.93% |
| 3 |
Shanghai Liuhe Qinqiang Food Co., Lt d |
703,505,062.61 |
0.64% |
| 4 |
Henan Shuanghui Investment & Development Co., Ltd |
543,251,788.32 |
0.49% |
| 5 |
Hebei Lingxi Food Co., Ltd |
322,378,368.78 |
0.29% |
| Total |
-- |
3,661,219,995.91 |
3.33% |
Remarks on other details of major customers
√ applicable □ not applicable
Shanghai Liuhe Qinqiang Food Co., Ltd, one of top 5 customers of the company, is an affiliated enterprise in which 14.82% shares are held by the company.
Major suppliers of the company
| Total purchase amount of the top 5 suppliers (Yuan) |
10,837,262,498.73 |
| Percentage of total purchase amount of top 5 suppliers to annual total purchase amount |
10.75% |
| Percentage of related-party purchase amount in total purchase amount of top 5 suppliers to annual total purchase amount |
0.00% |
Information on top 5 suppliers of the company
| No. |
Supplier name |
Purchase amount (Yuan) |
Percentage of annual total purchase amount |
|---|
| 1 |
Yihai Kerry Arowana Cereal & Oil Food Co., Ltd |
3,131,541,811.02 |
3.11% |
| 2 |
Muyuan Foods Co., Ltd |
2,368,198,797.64 |
2.35% |
| 3 |
COFCO Group Co., Ltd |
2,284,742,785.26 |
2.27% |
| 4 |
Shandong Taishan Grain Reserves Group Co., Ltd |
1,577,252,323.92 |
1.56% |
| 5 |
Taian Guoyou Grain Reserves Co., Ltd |
1,475,526,780.89 |
1.46% |
| Total |
-- |
10,837,262,498.73 |
10.75% |
Remarks on other details of major suppliers
□ applicable √ not applicable
3. Costs
Unit: yuan
|
2020 |
2019 |
Year-on-year increase or decrease |
Remarks on significant changes |
|---|
| Selling expenses |
1,453,469,438.62 |
1,813,491,200.26 |
-19.85% |
|
| Management expenses |
3,430,565,329.40 |
2,702,098,353.40 |
26.96% |
Mainly due to increased size of the company and increased corresponding costs as the company made great efforts to develop its pig business. |
| Financial expenses |
899,988,879.01 |
434,054,838.78 |
107.34% |
Mainly due to increased interest expense resulting from an increased scale of debt financing of the company. |
| R&D expenses |
265,174,311.01 |
172,876,104.78 |
53.39% |
Mainly due to increased input of R&D materials and increased R&D personnel as well as increased levels of corresponding compensation as the company continued to expand R&D investment. |
4. R&D input
√ applicable □ not applicable
The company always insists on being driven by technological innovation, constantly intensifies R&D and innovation efforts, promotes transformation and application of scientific and technological achievements and establishes its presence in research fields such as biological breeding, animal nutrition, breeding technology and epidemic disease prevention and control. Five industrial technology research institutes of feeds, pig farming, food, poultry business and information and the pig industry breeding business division, breeding poultry business division, animal healthcare center and safety and environmental department rely upon complete agricultural and animal husbandry industry chains to help the company achieve sustainable, high-quality development in many fields like feeds, pig business, poultry business, food processing and safety and animal healthcare.
The company, based on its in-house “all-in-one” technology R&D team and encompassing cutting-edge fields like animal nutrition, environmental protection and epidemic disease control and smart farming, conducts extensive and in-depth exchanges and cooperation with the Chinese Academy of Agricultural Sciences, Zhejiang University, China Agricultural University, Nanjing Agricultural University, Shandong University, Shandong Agricultural University, Shandong Academy of Agricultural Sciences, Sichuan Agricultural University and Tongji University.
In 2020, the company’s scientific research units conducted a total of 51 key research projects in the directions of feeds, pig farming, poultry raising, food and animal healthcare. In terms of feed research and development, the company conducts prioritized research encompassing pig, poultry, aquatic, ruminant and other feed products, launched the “6H antibiotic-free integrated solution” with intestinal health as the core enabler, creating competitive products typified by “wholehearted three meals”, with biological environment-friendly feed sales exceeding 3.50 million tons. In terms of pig farming research, the company conducted research activities surrounding ASF containment, precise feeding, production technology re-upgrading, genetic breeding and equipment research and development, safeguarding the company’s efforts to accomplish slaughtering objectives; in terms of breeding, the company completed a proprietary genomic breeding system called HUGE, representing a major breakthrough in genomic breeding, multi-character breeding and joint breeding. In terms of poultry business research, the company, focused on breeding model, physical equipment and managerial support, brought all production management process data from farms to the cloud to form a big data center for replacing traditional experience-based farming with digital, intelligent farming, which technology has been recognized as one of “top 10 technologies for adoption in digital countryside construction 2020” by the Ministry of Agriculture and Rural Affairs. In terms of food product innovation, the company cultivated one leading product in the homemade deep fried pork slice industry that is worth over 500 million Yuan in market value, and formed a series of best-selling items such as prepared beef slice series, meatball series, pork rib series and PURE sausage series, which support rapid development of the company’s food business. Moreover, in terms of animal healthcare research, through in-house or cooperative research, the company developed a total of 16 varieties of pathogen diagnosis kits for pig diseases, all of which have completed pilot scale tests and provided highly cost-effective detection tools for diagnosis and monitoring of major epidemic diseases affecting large pig farms; the antiviral product chick α-interferon developed by the company in house can reduce the contemporaneous drug costs by 0.1 Yuan/bird and increase the survival rate by over 1%. In terms of safety and environmental protection, the company made significant progresses in intelligent diagnosis and control of bacterial resistance for broiler farming, bacterial control in poultry slaughtering process and hatching egg disinfection technology, thus effectively safeguarding the healthy development of livestock and poultry breeding and slaughtering industries.
The company has successively hosted or undertaken over 100 national, provincial and municipal key research and development projects involving feed, farming, animal healthcare and food, including key R&D projects of the Ministry of Science and Technology titled “Application and Demonstration of Green, Efficient and Safe Breeding Technology for Aquatic Birds” and “Regulation and Mechanism formed by Daily Ration Composition and Feeding System for Healthy and High-quality Meat of Livestock and Poultry”, Shandong Province’s key research and development project of "Key Technology Research and Industrialization Promotion of Environment-Friendly Antibiotic-free Feed for Swine and Poultry" and Sichuan Province’s key R&D project “Key Technology Research and Integration Demonstration for Quality Improvement and Efficiency Increase of Swine Industry Chain in Sichuan”. In 2020, the company hosted or participated in setting of 16 national, industry and group standards including “Determination of Acid Soluble Protein in Feed Ingredients” and “Compound Feed for Egg-laying Hens and Broilers”. Patent-wise, the company applied for a total of 2,006 patents and received 1,371 patent grants and applied for 295 patents in 2020, including 93 invention patents.
In 2020, the company received two first prizes of Shandong provincial livestock science and technology award 2020 and one third prize of provincial science and technology progress. The company received a total of 6 second prizes of national science and technology progress award and 20 provincial and ministerial science and technology awards including “Nutrition Regulation Technology Research and Pilot Promotion for Healthy Swine Farming”; the results of “key technology integration research and product development for Sichuan-styled traditional deep fried pork slice industrialization” project implemented by the company were recognized by Sichuan Provincial Department of Science and Technology as outstanding integrated innovations, with the overall technology at the international leading levels of the same type of products.
R&D input of the company
|
2020 |
2019 |
Percentage of change |
|---|
| R&D personnel (persons) |
1,013 |
711 |
42.48% |
| Percentage of R&D personnel |
1.06% |
1.01% |
0.05% |
| Amount of R&D input (Yuan) |
267,313,628.53 |
174,211,791.11 |
53.44% |
| Percentage of R&D input to business revenue |
0.24% |
0.21% |
0.03% |
| Capitalized amount of R&D input (Yuan) |
0.00 |
0.00 |
0.00% |
| Percentage of capitalized R&D input in R&D input |
0.00% |
0.00% |
0.00% |
Reasons for significant changes in proportion of total R&D input in business revenue compared with the previous year
□ applicable √ not applicable
Remarks on causes of substantial changes in capitalization rate of R&D input and their reasonability
□ applicable √ not applicable
5. Cash flow
Unit: yuan
| Item |
2020 |
2019 |
Year-on-year increase or decrease |
|---|
| Subtotal of cash inflows from |
115,307,558,575.56 |
87,354,470,144.13 |
32.00% |
| operating activities |
|
|
|
| Subtotal of cash outflows from operating activities |
109,649,389,068.43 |
82,917,577,113.09 |
32.24% |
| Net cash flows from operating activities |
5,658,169,507.13 |
4,436,893,031.04 |
27.53% |
| Subtotal of cash inflows from investing activities |
1,991,528,484.90 |
2,193,314,270.76 |
-9.20% |
| Subtotal of cash outflows from investing activities |
36,006,041,746.14 |
10,930,603,052.89 |
229.41% |
| Net cash flows from investing activities |
-34,014,513,261.24 |
-8,737,288,782.13 |
-290.61% |
| Subtotal of cash inflows from financing activities |
70,832,337,282.68 |
23,564,491,686.88 |
200.59% |
| Subtotal of cash outflows from financing activities |
39,698,890,945.37 |
18,869,913,221.33 |
110.38% |
| Net cash flows from financing activities |
31,133,446,337.31 |
4,694,578,465.55 |
563.18% |
| Net increase in cash and cash equivalents |
2,816,886,657.65 |
321,360,989.13 |
776.55% |
Remarks in major influencing factors for significant year-on-year changes in related data
√ applicable □ not applicable
The subtotal of cash inflows from operating activities increased by 32%, mainly due to increased current business revenue that resulted in increased cash received from sale of goods and provision of labor services;
The subtotal of cash outflows from operating activities increased by 32.24%, mainly due to increased cash paid for purchase of goods and receipt of labor services in the current period;
The subtotal of cash outflows from investing activities increased by 229.41%, mainly due to increased current input of fixed assets in the company’s pig business;
The net cash flows from investing activities decreased by 290.61%, mainly due to increased current input of fixed assets in the company’s pig business;
The subtotal of cash inflows from financing activities increased by 200.59%, mainly due to increased borrowings acquired and payments for private placement received in the current period;
The subtotal of cash outflows from financing activities increased by 110.38%, mainly due to increase in repayments of borrowings in the current period;
The net cash flows from financing activities increased by 563.18%, mainly due to increase in borrowings acquired;
The net increase in cash and cash equivalents increased by 776.55%, mainly due to increased net cash flows from the financing activities of the company.
Remarks on reasons for significant difference between net cash flows from the company’s operating activities within the reporting period and net profits of this year
□ applicable √ not applicable
III. Analysis of non-main business
√ applicable □ not applicable
Unit: yuan
|
Amount |
Percentage of total profits |
Remarks on reasons for formation |
Whether sustainable or not |
|---|
| Investment income |
1,525,192,193.10 |
24.74% |
Mainly consisting of investment income accounted for and recognized under the equity method due to holding of equities in China Minsheng Bank |
Yes |
| Profit and loss from change in fair value |
34,854,130.28 |
0.57% |
|
|
| Asset impairment |
-160,417,950.25 |
-2.60% |
|
|
| Non-business revenue |
138,714,611.10 |
2.25% |
|
|
| Non-business expenditure |
704,483,219.90 |
11.43% |
|
|
IV. Analysis of assets and liabilities
1. Significant changes in asset composition
The company implemented new revenue standard or new lease standard for the first time in 2020 and implemented related items of financial statements at the beginning of the year with adjustments
Applicable
Unit: yuan
|
At the end of 2020 |
At the beginning of 2020 |
Increase or decrease in proportion |
|---|
| Amount |
Percentage of total assets |
Amount |
Percentage of total assets |
|---|
| Cash at bank and on hand |
8,799,264,356.20 |
8.04% |
5,777,179,578.87 |
9.00% |
-0.96% |
| Accounts receivable |
865,340,970.83 |
0.79% |
894,050,167.92 |
1.39% |
-0.60% |
| Inventories |
15,649,735,402.26 |
14.30% |
9,307,812,126.89 |
14.49% |
-0.19% |
| Investment properties |
364,645.04 |
0.00% |
381,137.69 |
0.00% |
0.00% |
| Long-term equity investments |
22,702,080,340.55 |
20.74% |
21,121,784,349.18 |
32.89% |
-12.15% |
| Fixed assets |
28,861,009,355.16 |
26.37% |
13,825,102,269.78 |
21.53% |
4.84% |
| Construction in progress |
11,006,466,489.26 |
10.06% |
4,745,959,274.86 |
7.39% |
2.67% |
| Short-term borrowings |
10,399,072,204.60 |
9.50% |
13,620,562,405.56 |
21.21% |
-11.71% |
| Long-term borrowings |
22,901,808,635.67 |
20.93% |
4,954,486,449.54 |
7.72% |
13.21% |
| Productive biological assets |
11,797,596,610.49 |
10.78% |
2,510,633,170.64 |
3.91% |
6.87% |
2. Assets and liabilities measured at fair value
√ applicable □ not applicable
Unit: yuan
| Item |
Beginning amount |
Current profit and loss from change in fair value |
Accumulated fair value changes charged to equities |
Current provision for impairment |
Current purchase amount |
Current sales amount |
Other changes |
Ending amount |
|---|
| Financial assets |
|
| 1. Trading financial assets (excluding derivative financial assets) |
4,594,255.65 |
51,704,360.01 |
|
|
319,471,409.11 |
298,454,532.45 |
|
2,196,760.08 |
| 4. Investments in other equity instruments |
318,276,827.48 |
|
|
|
2,000,000.00 |
|
|
320,276,827.48 |
| Subtotal of financial assets |
322,871,083.13 |
51,704,360.01 |
|
0.00 |
321,471,409.11 |
298,454,532.45 |
|
322,473,587.56 |
| Total of the above |
322,871,083.13 |
51,704,360.01 |
0.00 |
0.00 |
321,471,409.11 |
298,454,532.45 |
|
322,473,587.56 |
| Financial liabilities |
5,240,664.99 |
-16,850,229.73 |
|
|
|
|
|
16,850,229.73 |
Contents of other changes
Whether the measurement attributes of major assets of the company changed significantly during the reporting period
□ yes √ no
3. Restrictions on asset rights as of the end of the reporting period
| Item |
Ending book value (Yuan) |
Cause of restrictions |
|---|
| Cash at bank and on hand |
290,045,457.64 |
Purchase of futures, margins of guarantee companies and reclamation margins, etc. |
| Fixed assets |
234,181,842.88 |
Used as collaterals for long and short-term borrowings |
| Intangible assets |
61,557,253.30 |
Used as collaterals for long and short-term borrowings |
| Consumptive biological assets |
41,000,000.00 |
Used as collaterals for short-term borrowings |
| Long-term equity investments |
865,194,100.00 |
Used as pledges for long-term borrowings |
| Total |
1,491,978,653.82 |
|
V. Investments
1. General condition
√ applicable □ not applicable
| Invested amount during the reporting period (Yuan) |
Invested amount during the same period of the previous year (Yuan) |
Percentage of change |
|---|
| 23,047,683,665.87 |
21,446,638,076.66 |
7.47% |
2. Significant equity investments acquired during the reporting period
□ applicable √ not applicable
3. Ongoing significant non-equity investments during the reporting period
□ applicable √ not applicable
4. Investments in financial assets
(1) Investments in securities
□ applicable √ not applicable
The company had no investments in securities during the reporting period.
(2) Investments in derivatives
√ applicable □ not applicable
Unit: 10,000 Yuan
| Name of operator of |
Related-party relationshi |
Whether related-party |
Type of derivatives |
Initial amount of |
Start date |
End date |
Beginning invested |
Purchase amount |
Sales amount within |
Amount of impairme |
Ending invested |
Percentage of ending |
Amount of actual |
|---|
| derivative s investmen t |
p |
transaction or not |
investment |
derivatives investment |
|
|
amount |
within the reporting period |
the reporting period |
nt provision accrued (if any) |
amount |
invested amount in net assets of the company at the end of reporting period |
profit and loss during the reporting period |
| Futures brokerage companie s |
Non-related party |
No |
Futures and option contracts |
|
October 8, 2019 |
May 10, 2021 |
-25.1 |
31,947.14 |
22,640.91 |
|
-627.17 |
|
-9,908.3 |
| Commerc ial banks |
Non-related party |
No |
Interest rate swap and foreign exchange forwards |
|
April 29, 2019 |
May 31, 2021 |
-39.54 |
|
7,204.55 |
|
-838.18 |
|
7,002.87 |
| Total |
0 |
-- |
-- |
-64.64 |
31,947.14 |
29,845.46 |
|
-1,465.35 |
0.00% |
-2,905.43 |
| Source of funding for derivatives investments |
Self financed |
| Involvement in litigations (if any) |
Not applicable |
| Date on which the board approval of derivatives investment is announced and disclosed (if any) |
August 31, 2018 |
| Remarks on risk analysis and control measures of derivatives positions during the reporting period (including but not limited to market risk, liquidity risk, credit risk, operational risk and legal risk) |
Remarks on risk analysis and control measures of derivatives positions during the reporting period (including but not limited to market risk, liquidity risk, credit risk, operational risk and legal risk) I. Risk analysis Commodity futures hedging operation can effectively manage the purchase price risk of raw materials, especially reduce the impact of falling price loss caused by high inventories on the company when raw materials fall sharply, but there will also be certain risks: 1. Risk of abnormal price fluctuations: In theory, the futures market prices and the spot market prices of all the trade categories at the closing date will return to the same level. In the rare cases of irrational market, the futures prices and spot prices might still not return at the closing date, thus giving rise to a systemic risk event, which in turn affects hedging operation scheme of the company, even causing losses. 2. Capital risk: If the amount of investment in futures trading is too large according to the operating instructions issued by the company, it may lead to capital liquidity risk, or even result in actual losses caused by forced liquidation due to insufficient time to supplement the margin. 3. Technical risk: Technical risk may be caused by incomplete computer systems. In order to prevent the adverse impact of exchange rate and interest rate fluctuations on the company's profits and shareholders' equity, the company needs to conduct capital transaction business of value-preserved exchange rate and interest rate to reduce the risk exposure of foreign exchange and interest rate, but at the same time there are certain risks: 1. Market risk: The difference between the contract exchange rate / interest rate and the actual exchange rate / interest rate at maturity date will generate investment gains and losses in the value-preserved capital transaction business; During the duration of the value-preserved capital transaction business, there will be revaluation gains and losses in each accounting period, and the cumulative value of the revaluation gains and losses at maturity date is equal to the gains and losses on investment. 2. Liquidity risk: The value-preserved foreign exchange capital transaction business is based on the company's foreign exchange revenue and expenditure budget, |
|
and matches the actual foreign exchange revenue and expenditure to ensure that the company has sufficient capital for clearing at the time of closing, or selects the derivatives for close-out netting to reduce the cash flow requirements at maturity date; The value-preserved interest rate capital transaction business will all be closed based on the net amount of interest rate difference. 3. Performance risk: The counterparties of the company in value-preserved capital transaction business are all banks with good credit standing and maintaining long-term business relations with the company, for which there is substantially no performance risk. 4. Other risks: When conducting business, if the operators fail to follow the prescribed procedures for the operation of value-preserved capital transaction business or to fully understand the derivatives information, the operational risks will occur; If the terms of the transaction contract are not clear, the legal risks will be likely to occur. II. Risk management strategies Risk management strategies for commodity futures hedging: 1. Match the hedging business with the company's production and operation, and strictly control the futures position. 2. Strictly control the capital scale of hedging, reasonably plan and use the margins, issue operating instructions in strict accordance with the company's policies on futures trading management, and conduct operations only after approval according to the regulations. 3. The company has established the Derivatives Investment Management Policy and the Futures Management Policy, making clear provisions for hedging business, and set up a dedicated futures operation team, dedicated futures operation monitoring team and corresponding business processes for control through implementation of authorization and post constraints, internal audit and other measures. 4. The warning mechanism for medium and long-term trends of major varieties has been established. According to the monitoring mechanism of market price trends, the futures operation and monitoring team of the company regularly predicts the future trends of major varieties in a certain period, so as to ensure timely judgment and disposition of futures varieties in case of abnormal fluctuations. Risk management strategies for value-preserved capital transaction business 1. The company conducts value-preserved capital transaction business for the purpose of reducing the impact of exchange rate fluctuations on the company, and prohibits any risky speculations; The amount of the company's value-preserved capital transaction business may not exceed the upper limit of the authorized amount approved by the board of directors or the general meeting; the company may not engage in any leveraged capital transactions. 2. The business working group of the company shall conduct risk analysis on transactions before carrying out the capital transaction business, and formulate and submit the transaction plans (including capital transaction variety, term, amount, trading bank, etc.) and feasibility analysis reports to the business leadership group. 3. The value-preserved capital transaction business contracts of the company shall be executed after the business working group submits them to and obtain approval from the chief financial officer, president and chairman. 4. The company shall sign contracts with trading banks with accurate and clear terms, and strictly implement the risk management system to prevent legal risks. 5. The finance department of the company shall timely track the changes in open market prices or fair value of capital transaction contracts, timely assess the changes in risk exposure of the traded contracts, and regularly report to the risk control committee of the board of directors; if any abnormal situation is found, it shall be reported to the risk control committee of the board of directors to prompt the business working group to implement emergency measures. 6. The company's internal audit department shall conduct compliance audit on capital transaction contracts on a regular basis. |
| Changes in market prices or product fair value of derivatives that the company has invested in during the reporting period, with the analysis of fair value of derivatives to disclose the specific methods used and setting of related assumptions and parameters. |
The hedging transaction variety of the company is the value-preserved capital transaction business for the prevalent varieties in the domestic futures markets, for which the market transparency is high and the transactions are active, and the transaction prices and the intraday settlement unit price fully reflect the fair value of derivatives. |
| Remarks on whether the accounting policies |
The accounting policies and accounting principles related to the company's derivatives |
| and accounting principles of the company for derivatives during the reporting period changed significantly compared with the previous reporting period. |
transactions have been implemented in accordance with the relevant provisions of the “Enterprise Accounting Standards—Recognition and Measurement of Financial Instruments” and the “Enterprise Accounting Standards—Hedging” issued by the Ministry of Finance of the People's Republic of China, without any changes. |
| Special opinions of independent directors on derivatives investments and risk control of the company |
The company has the Securities Investment Management Policy in place and the company’s investments in securities are conducted while ensuring the security of the company’s investments, daily operation and funds and will not affect the company’s normal turnover of funds or normal conduct of its main business. While making investments in securities, the company should continuously improve its business policies, further specify the control procedures for key moving parts of investment and financing operations from authorization, execution, supervision to information disclosure, strengthen obligations and duties of directors, supervisors and senior executives and establish internal accountability system to enhance funds management of the company’s investment and financing activities. The Company’s derivatives investments for the purpose of hedging have been assessed by designated related department in terms of investment risk. To put an end to speculation in the investment process, the company has established the Derivatives Investment Management Policy and the Futures Management Policy. While conducting derivatives business, the company should continue to enhance the professional competency and capabilities of operating personnel and strengthen supervision. |
Amoun
Start date
End
t of
date
actual
5. Use of raised funds
√ applicable □ not applicable
(1) Overall use of raised funds
√ applicable □ not applicable
Unit: 10,000 Yuan
| Year raised |
Manner of raising |
Total amount of raised funds |
Total amount of raised funds used in the current period |
Total amount raised funds used accumulatively |
Total amount of raised funds repurposed within the reporting period |
Total amount of raised funds repurposed accumulatively |
Percentage of total amount of raised funds repurposed accumulatively |
Total amount of raised funds not yet used |
Purpose and destination of raised funds not yet used |
Amount of raised funds left idle for more than two years |
|---|
| 2020 |
Convertible bonds publicly issued |
398,282.9 |
224,378.21 |
224,378.21 |
0 |
0 |
0.00% |
173,904.69 |
Idle raised funds for temporary replenishment to working capital, transferred to special account for use according to project progress |
0 |
| 2020 |
Non-public issuance of stocks |
399,475.05 |
284,836.69 |
284,836.69 |
0 |
0 |
0.00% |
114,638.36 |
Idle raised funds for temporary replenishment to working capital, transferred to special account for use according to |
0 |
|
|
|
|
|
|
|
|
|
project progress |
|
| Total |
-- |
797,757.95 |
509,214.9 |
509,214.9 |
0 |
0 |
0.00% |
288,543.05 |
-- |
0 |
| Remarks on overall use of raised funds |
| According to the approval of China Securities Regulatory Commission (“CSRC”) by “Official Reply regarding Approval of Public Issue of Convertible Bonds by New Hope Liuhe Co., Ltd” (CSRC permit [2019]No.1902), the company publicly issued 4 billion Yuan convertible bonds with par value of 100 Yuan per piece and an issued quantity of 40 million pieces for a period of 6 years, thereby raising a total amount of 4 billion Yuan net of issuance cost of 17.1710 million Yuan, resulting in actually raised net amount of 3,982.8290 million Yuan. According to the approval of CSRC by “Official Reply regarding Approval of Non-public Issuance of Stocks by New Hope Liuhe Co., Ltd” (CSRC permit [2020]No. 1961), the company privately placed 177,147,918 RMB ordinary shares to two particular shareholders of South Hope and New Hope Group Co., Ltd with issue price of 22.58 Yuan per share, thereby raising a total amount of 4 billion Yuan net of various issuance costs of 5.2495 million Yuan, resulting in actually raised net amount of 3,994.7505 million Yuan. According to the Regulatory Guidelines for Listed Companies No. 2—Regulatory Requirements for Management and Use of Raised Funds by Listed Companies” issued by CSRC, “Shenzhen Stock Exchange Guidelines for Standard Operation of Listed Companies” and “Administrative Measures of New Hope Liuhe Co., Ltd for Use of Raised Funds”, in light of the actual requirements of the company for use and management of raised funds, the company’s entities responsible for implementation of investment projects using raised funds signed “Tripartite Supervision Agreement on Raised Funds” with the sponsor institution and supervising bank respectively, whereby various project entities open earmarked accounts for raised funds with corresponding organizations of the supervising bank. |
According to the approval of China Securities Regulatory Commission (“CSRC”) by “Official Reply regarding Approval of Public Issue of Convertible Bonds by New Hope Liuhe Co., Ltd” (CSRC permit [2019]No.1902), the company publicly issued 4 billion Yuan convertible bonds with par value of 100 Yuan per piece and an issued quantity of 40 million pieces for a period of 6 years, thereby raising a total amount of 4 billion Yuan net of issuance cost of 17.1710 million Yuan, resulting in actually raised net amount of 3,982.8290 million Yuan.
According to the approval of CSRC by “Official Reply regarding Approval of Non-public Issuance of Stocks by New Hope Liuhe Co., Ltd” (CSRC permit [2020]No. 1961), the company privately placed 177,147,918 RMB ordinary shares to two particular shareholders of South Hope and New Hope Group Co., Ltd with issue price of 22.58 Yuan per share, thereby raising a total amount of 4 billion Yuan net of various issuance costs of 5.2495 million Yuan, resulting in actually raised net amount of 3,994.7505 million Yuan.
According to the Regulatory Guidelines for Listed Companies No. 2—Regulatory Requirements for Management and Use of Raised Funds by Listed Companies” issued by CSRC, “Shenzhen Stock Exchange Guidelines for Standard Operation of Listed Companies” and “Administrative Measures of New Hope Liuhe Co., Ltd for Use of Raised Funds”, in light of the actual requirements of the company for use and management of raised funds, the company’s entities responsible for implementation of investment projects using raised funds signed “Tripartite Supervision Agreement on Raised Funds” with the sponsor institution and supervising bank respectively, whereby various project entities open earmarked accounts for raised funds with corresponding organizations of the supervising bank.
(2) Projects to which raised funds are committed
√ applicable □ not applicable
Unit: 10,000 Yuan
| Committed investment projects and investment destinations of over-raised funds |
Whether the project has been changed (including partial change) |
Total committed investment of raised funds |
Total invested amount after adjustment (1) |
Amount invested in this reporting period |
Accumulated invested amount as of the end of period (2) |
Investment progress as of the end of period (3)=(2)/(1) |
Date when the project reaches the intended usable state |
Benefits realized in this reporting period |
Whether estimated benefits have been reached |
Whether the project feasibility has change significantly |
|---|
Whether the
Total committed investment of raised funds
Amount invested in this reporting period
Accumulated invested amount as of the end of period (2)
Date when
Benefits realized in this reporting period
Whether estimated benefits have been reached
project
the project
feasibility
reaches the
has change
intended
significantl
usable state
y
| Committed investment projects |
|---|
| 0.50 million commercial pigs/a cluster project newly built in Ningjin, Dezhou, Shandong |
No |
50,000 |
50,000 |
23,562.3 |
23,562.3 |
47.12% |
2021-10-31 |
|
Not applicable |
No |
| 0.70 million commercial pigs/a pig farm project of Huanghua Xinhao Technology Co., Ltd at Liguan Village |
No |
70,000 |
70,000 |
19,810.33 |
19,810.33 |
28.30% |
2021-10-31 |
|
Not applicable |
No |
| Standardized pig farm project of 6000 pigs on hand of Yucheng New Hope Liuhe Swine Breeding Co., |
No |
10,000 |
10,000 |
10,000 |
10,000 |
100.00% |
2020-7-31 |
11,292.32 |
Yes |
No |
| Ltd |
|
|
|
|
|
|
|
|
|
|
| 0.30 million live pigs cluster development project in Yangyuan County |
No |
20,000 |
20,000 |
20,000 |
20,000 |
100.00% |
2020-10-31 |
-1,867.39 |
No |
No |
| 1.00 million live pigs/a farming project of Tongliao Xinhao Farming Co., Ltd at Sanyitang Farm |
No |
117,500 |
117,500 |
52,689.35 |
52,689.35 |
44.84% |
2021-10-31 |
|
Not applicable |
No |
| 1.00 million live pigs/a farming project of Tongliao Xinhao Farming Co., Ltd at Zhenan Farm |
No |
117,500 |
117,500 |
83,316.23 |
83,316.23 |
70.91% |
2021-10-31 |
|
Not applicable |
No |
| Jinfeng Breeding Pig Farm Project of Leshan New Hope Farming Co., Ltd in Jingyan County |
No |
5,000 |
5,000 |
5,000 |
5,000 |
100.00% |
2019-11-30 |
10,432 |
Yes |
No |
| 0.15 million piglets/a planting and farming integrated eco-industrial park in Lingbao, Henan |
No |
10,000 |
10,000 |
10,000 |
10,000 |
100.00% |
2020-1-31 |
1,851.82 |
No |
No |
| 0.70 million live pigs/a farming project in Shuozhou |
No |
92,000 |
92,000 |
49,035.63 |
49,035.63 |
53.30% |
2021-11-30 |
|
Not applicable |
No |
| Livestock Farm No. 1 project of Gansu New Hope at Pingxian Village |
No |
24,000 |
24,000 |
17,745.22 |
17,745.22 |
73.94% |
2021-11-30 |
|
Not applicable |
No |
| Livestock Farm No. 2 project of Gansu New Hope at Pingxian Village |
No |
24,000 |
24,000 |
13,195.83 |
13,195.83 |
54.98% |
2021-11-30 |
|
Not applicable |
No |
| 0.70 million live pigs/a project newly |
No |
25,000 |
25,000 |
25,000 |
25,000 |
100.00% |
2020-9-30 |
41.04 |
No |
No |
| built in Xicha Town, Lanzhou New District |
|
|
|
|
|
|
|
|
|
|
| Tonghe Fattening Farm Project in Beihu District, Chenzhou City |
No |
20,000 |
20,000 |
3,004.64 |
3,004.64 |
15.02% |
2021-11-30 |
|
Not applicable |
No |
| 13500 breeding pig/a breeding plant construction project of Ruzhou Quansheng Farming Technology Co., Ltd |
No |
16,000 |
16,000 |
11,417.58 |
11,417.58 |
71.36% |
2021-7-31 |
|
Not applicable |
No |
| 13500 pigs on hand/a storied building sow farm project at Nanxiang Village, Chenguo Town, Laizhou City |
No |
10,000 |
10,000 |
10,000 |
10,000 |
100.00% |
2020-12-31 |
-162.75 |
No |
No |
| New 0.30 million commercial pigs/a farming phase I pig breeding farm project of Dingzhou Xinhao Farming Co., Ltd |
No |
20,000 |
20,000 |
20,000 |
20,000 |
100.00% |
2020-10-31 |
-2,242.89 |
No |
No |
| New 0.30 million commercial pigs/a farming phase II nurturing and fattening farm project of Dingzhou Xinhao Farming Co., Ltd |
No |
12,000 |
12,000 |
12,000 |
12,000 |
100.00% |
2020-12-31 |
|
No |
No |
| 13500/a breeding pig feeding project of Qingfeng Xinliu Farming Technology Co., Ltd |
No |
21,000 |
21,000 |
18,184.99 |
18,184.99 |
86.60% |
2021-4-30 |
|
Not applicable |
No |
| 13500-sow farm project of Wuhe New Hope Liuhe Livestock Co., Ltd at Huojia |
No |
20,000 |
20,000 |
12,307.18 |
12,307.18 |
61.54% |
2021-7-31 |
|
Not applicable |
No |
| Village, Xiaoxi Town |
|
|
|
|
|
|
|
|
|
|
| 0.18 million live pigs/a (planting and farming cycle) farm project at Chenliu Village, Shiling Town, Laibin, Guangxi |
No |
24,000 |
24,000 |
7,255.16 |
7,255.16 |
30.23% |
2021-11-30 |
|
Not applicable |
No |
| 0.10 million commercial pigs/a farm project of Heze Xinhao Farming Co., Ltd at Liangtang |
No |
6,000 |
6,000 |
3,097.66 |
3,097.66 |
51.63% |
2021-9-30 |
|
Not applicable |
No |
| 72000 live pigs/a fattening farm construction project in Laizhou |
No |
6,000 |
6,000 |
2,592.8 |
2,592.8 |
43.21% |
2021-9-30 |
|
Not applicable |
No |
| Subtotal of committed investment projects |
-- |
720,000 |
720,000 |
429,214.9 |
429,214.9 |
-- |
-- |
19,344.15 |
-- |
-- |
| Investment destinations of over-raised funds |
|---|
| None |
|
|
|
|
|
|
|
|
|
|
| Supplementary working capital (if any) |
-- |
80,000 |
80,000 |
80,000 |
80,000 |
100.00% |
-- |
-- |
-- |
-- |
| Subtotal of investment destinations of over-raised funds |
-- |
80,000 |
80,000 |
80,000 |
80,000 |
-- |
-- |
|
-- |
-- |
| Total |
-- |
800,000 |
800,000 |
509,214.9 |
509,214.9 |
-- |
-- |
19,344.15 |
-- |
-- |
| Failure to reach the planned progress or anticipated income and reasons (by project) |
The 0.30 million live pigs cluster development project in Yangyuan County, 0.15 million piglets/a planting and farming integrated eco-industrial park in Lingbao, Henan, 0.70 million live pigs/a project newly built in Xicha Town, Lanzhou New District, 13500 pigs on hand/a storied building sow farm project at Nanxiang Village, Chenguo Town, Laizhou City, new 0.30 million commercial pigs/a farming phase I pig breeding farm project of Dingzhou Xinhao Farming Co., Ltd, and new 0.30 million commercial pigs/a farming phase II nurturing and fattening farm project of Dingzhou Xinhao Farming Co., Ltd, all reached the intended usable state in 2020 but not yet reached the anticipated income. All other projects have not yet built in place and did not reach the anticipated income. |
| Remarks on significant changes in project feasibility |
Not applicable |
| Amount, purpose and use progress of over-raised funds |
Not applicable |
| Changes in |
Not applicable |
| places of implementatio n of investment projects using raised funds |
|
| Adjustments to manner of implementatio n of investment projects using raised funds |
Not applicable |
| Preliminary investments and replacements of investment projects using raised funds |
Applicable |
| On January 22, 2020, the 10th meeting of the 8th board of directors and the 6th meeting of the 8th board of supervisors of the company deliberated and passed the “Proposal regarding Replacing Self-raised Funds Previously Invested with Funds raised from Convertible Bonds”, agreeing that company will replace self-raised funds of 1250.4220 million Yuan in investment projects that the company had previously invested raised funds with the raised funds of 1250.4220 million Yuan. |
| Use of idle raised funds to temporarily supplement working capital |
Applicable |
| On February 7, 2020, the 11th meeting of the 8th board of directors and the 7th meeting of the 8th board of supervisors of the company deliberated and passed the “Proposal regarding Use of Part of Idle Raised Funds to Temporarily Supplement Working Capital”, agreeing that company will use no more than 2200.0000 million Yuan idle raised funds to supplement its working capital on a temporary basis for a period of no more than 12 months as from the date of deliberation and approval of the company’s board of directors. The company’s sponsor institution and independent directors expressed consent to the aforesaid matter regarding use of part of idle raised funds to temporarily supplement working capital. As of December 31, 2020, the balance of idled raised funds used by the company to temporarily supplement its working capital is 1,757.1610 million Yuan. |
| Amount of balance of idle funds in project implementatio n and reasons |
Applicable |
| Due to the impacts of the COVID-19, some regions saw late commencement of work and prolonged project construction cycle; some of investment projects using raised funds are located in north China and were unable to begin construction due to the cold winter weather; some of investment projects using raised funds are constructed phase by phase and the first phase has now completed, with subsequent second and third phases underway. |
| Purpose and destination of raised funds not yet used |
As of December 31, 2020, the raised funds unused of the company from private placement of stocks were 11,525,299.88 Yuan, all deposited in earmarked accounts for raised funds (additional 1,144,650,000.00 Yuan used to temporarily supplement working capital). The raised funds not yet used include interest revenue from earmarked accounts for raised funds. |
| Issues or other circumstances existing in use and disclosure of raised funds |
Not applicable |
(3) Items of change in raised funds
□ applicable √ not applicable
The company had no items of change in raised funds within the reporting period.
VI. Sales of significant assets and equities
1. Sales of significant assets
□ applicable √ not applicable
The company did not sell any significant assets during the reporting period.
2. Sales of significant equities
□ applicable √ not applicable
VII. Analysis of major subsidiaries and minority-owned companies
√ applicable □ not applicable
Major subsidiaries and minority-owned companies that have an impact on the company's net profits of more than 10%
Unit: yuan
| Company name |
Company type |
Main business |
Registered capital |
Total assets |
Net assets |
Business revenue |
Operating profits |
Net profits |
|---|
| Tibet Xinhao Technolog y Co., Ltd |
Subsidiary |
Feeding, sale and slaughter of pigs; agricultural science research and experimental development; promotion and training of related technologies; production, processing and sale of animal farming equipment; production, processing and sale of compound feed, concentrated feed and concentrate supplements (the aforesaid items and terms are subject to license): import and export business: project investment and management; science and technology exchange and promotion services |
500,000,000.00 |
62,101,704,398.73 |
9,061,883,669.10 |
21,438,873,840.71 |
2,665,864,242.83 |
2,171,661,566.91 |
| New Hope Liuhe Investmen t Co., Ltd |
Subsidiary |
Venture investment, investment management, financial advisory, wealth management consulting, business reorganization consulting, market survey, credit investigation, technology development and transfer, technical consulting services. |
576,555,600.00 |
19,783,608,596.31 |
19,783,608,596.31 |
|
1,351,823,037.95 |
1,351,743,371.82 |
| Shandong New Hope Liuhe Group Co., Ltd |
Subsidiary |
Import and export business: sale of medicated feed additives; dealing in feed ingredients; enterprise management consulting services, etc. |
3,458,823,529.00 |
21,609,765,274.36 |
6,987,233,957.35 |
51,916,668,639.57 |
389,965,780.36 |
287,846,022.74 |
| Sichuan New Hope Liuhe Farming Co., Ltd |
Subsidiary |
Feed research and development: wholesale and retail of feed ingredients and feed-related products; planting of cereals and other crops; sale of veterinary drugs, etc. |
800,000,000.00 |
11,897,381,693.64 |
2,334,416,977.57 |
16,682,494,550.95 |
422,307,287.03 |
253,840,338.90 |
Acquisition and disposal of subsidiaries during the reporting period
√ applicable □ not applicable
| Company name |
Way of acquisition and disposal of subsidiaries during the reporting period |
Effects on overall production, operation and performance |
| Yihai Agricultural Development Co., Ltd |
Share purchase |
Losses of 455,189.50 Yuan |
| Zhejiang Jiufengyi Agricultural Technology Co., Ltd |
Share purchase |
Losses of 86,221.70 Yuan |
| Hangzhou Guanglv Breeding Co., Ltd |
Share purchase |
Losses of 5,351,722.92 Yuan |
| Zhejiang Xindongwan Agricultural Development Co., Ltd |
Share purchase |
Losses of 5,972,566.47 Yuan |
| Tianjin Jingwu Breeding Pigs Co., Ltd |
Share purchase |
No effects |
| Tianjin Qingyang Desheng Breeding Pigs Co., Ltd |
Share purchase |
No effects |
| Tianjin Shengxi Lianhua Livestock & Poultry Breeding Co., Ltd |
Share purchase |
No effects |
| Tianjin Guotai Breeding Co., Ltd |
Share purchase |
No effects |
| Tianjin Lvdiyuan Organic Fertilizers Co., Ld |
Share purchase |
No effects |
| Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd |
Share purchase |
Losses of 871,395.73 Yuan |
| Yancheng Zhongtai Livestock Co., Ltd |
Share purchase |
Losses of 1,158,768.65 Yuan |
| Xiangshan Huatong Livestock Co., Ltd |
Share purchase |
Profits of 1,486,058.03 Yuan |
| Jiangmen Xinliu Farming Co., Ltd |
Established by investment |
Losses of 666.87 Yuan |
| Taiqian New Hope Liuhe Luxin Food Co., Ltd |
Established by investment |
Losses of 8,941,956.76 Yuan |
| Shandong Kinghey Food Co., Ltd |
Established by investment |
Losses of 2,059,228.74 Yuan |
| Guangzhou Hope Food Co., Ltd |
Established by investment |
Losses of 3,032,973.14 Yuan |
| Lijin New Hope Liuhe Breeding Co., Ltd |
Established by investment |
Losses of 45,248.83 Yuan |
| Lijin Zhongxin Duck Breeding Co., Ltd |
Established by investment |
Losses of 106,705.03 Yuan |
| Puyang Hope Food Co., Ltd |
Established by investment |
Losses of 375,291.65 Yuan |
| Bengbu Hope Food Co., Ltd |
Established by investment |
Losses of 143,979.39 Yuan |
| Sichuan New Hope Liuhe Xueyu Tianlu Supply Chain Management Co., Ltd |
Established by investment |
No effects |
| Sichuan New Hope Liuhe Food Co., Ltd |
Established by investment |
No effects |
| Jiexi New Hope Agricultural Investment Partnership (LP) |
Established by investment |
Profits of 125,065.46 Yuan |
| Sichuan New Hope Agricultural Development Partnership (LP) |
Established by investment |
Losses of 32,818,552.88 Yuan |
| Yichun New Hope Livestock Industry Development Fund Partnership (LP) |
Established by investment |
Losses of 1,108,297.35 Yuan |
| Shandong New Hope Agricultural Investment Co., Ltd |
Established by investment |
No effects |
| Shandong New Hope Agricultural Development Co., Ltd |
Established by investment |
No effects |
| Shandong New Hope Xinnong Equity Investment Fund Partnership (LP) |
Established by investment |
Profits of 23,350.00 Yuan |
| Huazhou Xinchi Livestock Co., Ltd |
Established by investment |
Profits of 0.46 Yuan |
| Wushan Xinchi Farming Technology Co., Ltd |
Established by investment |
Losses of 120,709.77 Yuan |
| Guangyuan Xinchi Farming Co., Ltd |
Established by investment |
Losses of 40,716.10 Yuan |
| Ji’an Xinchi Farming Co., Ltd |
Established by investment |
Profits of 5,103,143.70 Yuan |
| Gaoxian Xinchi Farming Co., Ltd |
Established by investment |
Profits of 976.55 Yuan |
| Jiexi New Hope Liuhe Breeding Co., Ltd |
Established by investment |
Losses of 48,523.44 Yuan |
| Yingtan Xinliu Technology Co., Ltd |
Established by investment |
Profits of 15,603,815.81 Yuan |
| Kerqin Zuoyi Middle Banner Xinhao Farming Co., Ltd |
Established by investment |
Losses of 78,004.68 Yuan |
| Binzhou Zhanhua District Xinliu Farming Technology Co., Ltd |
Established by investment |
Profits of 122,961.03 Yuan |
| Handan New Hope Liuhe Breeding Co., Ltd |
Established by investment |
Profits of 3,898,629.27 Yuan |
| Anyue New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 12,303,671.63 Yuan |
| Weiyuan Xinliu Farming Technology Co., Ltd |
Established by investment |
No effects |
| Longhui New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 321,274.01 Yuan |
| Hainan Xinliu Agricultural Reclamation Farming Technology Co., Ltd |
Established by investment |
Losses of 653,922.60 Yuan |
| Yichun Xinwang Farming Co., Ltd |
Established by investment |
Losses of 824,362.49 Yuan |
| Lipu Xinhao Farming Technology Co., Ltd |
Established by investment |
Losses of 1,165,474.47 Yuan |
| Liaoning Xinwang Food Co. Ltd |
Established by investment |
Profits of 35,241,274.78 Yuan |
| Dongying Xinhao Modern Farming Co., Ltd |
Established by investment |
Losses of 27,605,725.17 Yuan |
| Hengyang Xinhao Farming Co., Ltd |
Established by investment |
Losses of 95,491.35 Yuan |
| Yixian Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 277,022.00 Yuan |
| Changning New Hope Liuhe Eco-Farming Technology Co., Ltd |
Established by investment |
Profits of 4,303.29 Yuan |
| Nanhe Xinhao Farming Technology Co., Ltd |
Established by investment |
Losses of 140,315.01 Yuan |
| Xinmin Xinwang Farming Co., Ltd |
Established by investment |
Losses of 13,008,575.39 Yuan |
| Ruian New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 313,965.00 Yuan |
| Shanxian Xinhao Farming Co., Ltd |
Established by investment |
Profits of 2,155,695.95 Yuan |
| Faku Xinwang Livestock Co., Ltd |
Established by investment |
No effects |
| Fujian Datian New Hope Liuhe Animal Husbandry Co., Ltd |
Established by investment |
Losses of 55,550.20 Yuan |
| Nanjing Xinmu Farming Co., Ltd |
Established by investment |
Losses of 17,071,267.47 Yuan |
| Gulin Xinliu Eco-Farming Technology Co., Ltd |
Established by investment |
Losses of 230,967.04 Yuan |
| Shuyang Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 10,822,942.22 Yuan |
| Wuyi Xinhao Farming Co., Ltd |
Established by investment |
No effects |
| Yantai Xinhao Farming Co., Ltd |
Established by investment |
Losses of 4,037,779.48 Yuan |
| Binzhou New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 22,061,178.48 Yuan |
| Dacheng Xinhao Technology Co., Ltd |
Established by investment |
Losses of 152,793.55 Yuan |
| Laizhou New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 2,310,723.49 Yuan |
| Zhenjiang New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 41,267.14 Yuan |
| Chongqing Qianjiang District Xinhao Farming Technology Co., Ltd |
Established by investment |
Losses of 913,737.13 Yuan |
| Yanyuan Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 272.62 Yuan |
| Jiangxi New Hope Liuhe Farming |
Established by investment |
Losses of 1,810,634.75 Yuan |
| Technology Co., Ltd |
|
|
| Suining Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 99,088.51 Yuan |
| Xiajiang Xinliu Farming Co., Ltd |
Established by investment |
Losses of 1,445,708.20 Yuan |
| Zhaoxian Xinhao Farming Co., Ltd |
Established by investment |
Profits of 2,469,687.44 Yuan |
| Neijiang New Hope Liuhe Farming Technology Co., Ltd |
Established by investment |
Losses of 17,597.02 Yuan |
| Quyang Xinhao Farming Co., Ltd |
Established by investment |
Losses of 383,599.51 Yuan |
| Luochuan Xinliu Technology Co., Ltd |
Established by investment |
Losses of 569,805.32 Yuan |
| Dongguang Xinhao Farming Co., Ltd |
Established by investment |
Losses of 142,921.30 Yuan |
| Dazhu Xinliu Farming Technology Co., Ltd |
Established by investment |
No effects |
| Dongming Xinmu Farming Co., Ltd |
Established by investment |
Losses of 2,643.67 Yuan |
| Leizhou Xinhao Farming Co., Ltd |
Established by investment |
Losses of 72,999.32 Yuan |
| Qianwei Xinhao Farming Co., Ltd |
Established by investment |
Losses of 532.78 Yuan |
| Changle New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 7,762.66 Yuan |
| Tianjin Xinliu Farming Technology Co., Ltd |
Established by investment |
Profits of 26,251.33 Yuan |
| Tianjin New Hope Liuhe Farming Technology Co., Ltd |
Established by investment |
Losses of 2,253,352.39 Yuan |
| Quzhou Xinhao Farming Co., Ltd |
Established by investment |
No effects |
| Panzhou Xinliu Farming Development Co., Ltd |
Established by investment |
Losses of 157,767.78 Yuan |
| Lezhi Xinmu Farming Co., Ltd |
Established by investment |
Losses of 813,028.77 Yuan |
| Shangyi Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 90.83 Yuan |
| Pingyuan Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 2,689,751.53 Yuan |
| Pucheng Xinliu Technology Co., Ltd |
Established by investment |
Losses of 567,326.73 Yuan |
| Mianning Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 206.63 Yuan |
| Chongren New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 58,437.02 Yuan |
| Xiamen Xiashang New Hope Agricultural Development Co., Ltd |
Established by investment |
No effects |
| Fuan Xinliu Farming Technology Co., Ltd |
Established by investment |
No effects |
| Chengdu Xinjin Xinhao Farming Co., Ltd |
Established by investment |
Losses of 87,742.79 Yuan |
| Anqiu New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 2,968,581.99 Yuan |
| Hainan Danzhou Xinliu Farming Technology Co., Ltd |
Established by investment |
No effects |
| Meishan Xinmu Farming Co., Ltd |
Established by investment |
Losses of 361,092.14 Yuan |
| Julu Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 936,803.14 Yuan |
| Zhucheng New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 25,262.69 Yuan |
| Taizhou New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 190,262.70 Yuan |
| Fuxin Xinwang Livestock Co., Ltd |
Established by investment |
Losses of 705,869.49 Yuan |
| Langzhong Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 92,908.76 Yuan |
| Guigang Gangnan District Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 5.00 Yuan |
| Cangzhou Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 27,209.03 Yuan |
| Shanxian Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 546,092.98 Yuan |
| Yiliang Xinliu Farming Technology Co., Ltd |
Established by investment |
Profits of 2,572.59 Yuan |
| Longhai New Hope Liuhe Farming Co., Ltd |
Established by investment |
Profits of 7,423.17 Yuan |
| Guilin Xinhao Farming Technology Co., Ltd |
Established by investment |
Losses of 93,681.80 Yuan |
| Gongcheng Xinhao Farming Co., Ltd |
Established by investment |
Losses of 706,861.88 Yuan |
| Pizhou New Hope Luihe Farming Co., Ltd |
Established by investment |
Losses of 1,178,027.14 Yuan |
| Wannian New Hope Luihe Farming Co., Ltd |
Established by investment |
Losses of 23,094.26 Yuan |
| Pingchang Xinmu Agriculture Co., Ltd |
Established by investment |
No effects |
| Rizhao Xinhao Farming Co., Ltd |
Established by investment |
Losses of 149,261.22 Yuan |
| Luding Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 233,429.18 Yuan |
| Shixing Xinmu Farming Co., Ltd |
Established by investment |
No effects |
| Zhenyuan Xinmu Agricultural Development Co., Ltd |
Established by investment |
Losses of 218,580.21 Yuan |
| Shangcai Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 671,104.18 Yuan |
| Neijiang Xinyue Farming Technology Co., Ltd |
Established by investment |
No effects |
| Zizhong Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 58,901.52 Yuan |
| Guilin Gongcheng Xinyue Farming Technology Co., Ltd |
Established by investment |
Profits of 1,861.70 Yuan |
| Yibin Xinyue Farming Technology Co., Ltd |
Established by investment |
No effects |
| Hengyang Xinyue Farming Technology Co., Ltd |
Established by investment |
Profits of 617.45 Yuan |
| Yishui Xinhao Farming Co., Ltd |
Established by investment |
No effects |
| Liuzhou Xinhao Farming Technology Co., Ltd |
Established by investment |
Losses of 1,558,072.46 Yuan |
| Lianzhou Xinliu Farming Technology Co., Ltd |
Established by investment |
Profits of 381.27 Yuan |
| Lijin Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 8,730.13 Yuan |
| Qinhuangdao Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 725,105.43 Yuan |
| Langfang Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 523,289.31 Yuan |
| Leizhou Xinwang Farming Co., Ltd |
Established by investment |
No effects |
| Shaoyang Xinmu Farming Co., Ltd |
Established by investment |
Losses of 98,143.46 Yuan |
| Guangyuan Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 548,399.96 Yuan |
| Shiyan Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 157,783.99 Yuan |
| Chenzhou Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 378.04 Yuan |
| Nantong Xinmu Farming Co., Ltd |
Established by investment |
Losses of 1,218,708.33 Yuan |
| Rongxian Xinmu Farming Co., Ltd |
Established by investment |
Losses of 22,716.97 Yuan |
| Qinzhou Xinhao Farming Co., Ltd |
Established by investment |
Losses of 1,110,034.37 Yuan |
| Binyang Xinhao Farming Co, Ltd |
Established by investment |
Losses of 12,287.76 Yuan |
| Faku Xinwang Livestock Co., Ltd |
Established by investment |
No effects |
| Shixing Xinhao Farming Co., Ltd |
Established by investment |
Profits of 2,838.37 Yuan |
| Ruyuan Yao Autonomous County Xinhao Farming Co., Ltd |
Established by investment |
Losses of 87,879.47 Yuan |
| Tongcheng Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 532,036.31 Yuan |
| Bazhong New Hope Swine Breeding Technology Co., Ltd |
Established by investment |
Losses of 498,010.00 Yuan |
| Liyang New Hope Liuhe Farming Co., Ltd |
Established by investment |
Losses of 429,235.59 Yuan |
| Guangzhou New Hope Liuhe Livestock Co., Ltd |
Established by investment |
Profits of 1,015.82 Yuan |
| Huishui Xinliu Farming Technology Development Co., Ltd |
Established by investment |
No effects |
| Luzhai Xinliu Farming Technology Co., Ltd |
Established by investment |
Losses of 82,532.41 Yuan |
| Putian New Hope Zhenxing Livestock Co., Ltd |
Established by investment |
Losses of 505,000.00 Yuan |
| Leshan Shawan District Xinfu Livestock Co., Ltd |
Established by investment |
No effects |
| Chongqing Nanshan District Xinliu Farming Technology Co., Ltd |
Established by investment |
No effects |
| Qianshan Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 350.00 Yuan |
| Yunan Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 1,838.73 Yuan |
| Julu Xinhao Farming Co., Ltd |
Established by investment |
No effects |
| Yongxing Xinliu Farming Technology Co., Ltd |
Established by investment |
No effects |
| Chaoyang Xinwang Farming Co., Ltd |
Established by investment |
No effects |
| Youxian Changhao Farming Co, Ltd |
Established by investment |
Profits of 275.00 Yuan |
| Hangzhou New Hope Liuhe Farming Co., Ltd |
Established by investment |
No effects |
| Taizhou Xinmu Agricultural Development Co., Ltd |
Established by investment |
No effects |
| Dianjiang Xinyue Farming Technology Co., Ltd |
Established by investment |
No effects |
| Xiaogan Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 380.00 Yuan |
| Shaoguan Xinyue Farming Technology Co., Ltd |
Established by investment |
No effects |
| Jinhu Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 0.50 Yuan |
| Suixi Xinyue Farming Technology Co., Ltd |
Established by investment |
Losses of 10.00 Yuan |
| Zhaoyuan Xinmu Breeding Co., Ltd |
Established by investment |
Losses of 20,237.71 Yuan |
| Sihui Xinhao Breeding Co., Ltd |
Established by investment |
No effects |
| Tangshan Muzheng Feed Co., Ltd |
Established by investment |
Losses of 2,382,578.22 Yuan |
| Pucheng New Hope Farming Technology Co., Ltd |
Established by investment |
Losses of 4,872,049.45 Yuan |
| Xiajin Xinhao Feed Co., Ltd |
Established by investment |
Losses of 625,928.16 Yuan |
| Heze Xinhao Feed Co., Ltd |
Established by investment |
Losses of 1,769,664.47 Yuan |
| Baiyin New Hope Liuhe Feed Co., Ltd |
Established by investment |
Losses of 200,073.76 Yuan |
| Zaozhuang New Hope Jinke Feed Co., Ltd |
Established by investment |
Losses of 583,941.91 Yuan |
| Weixian New Hope Feed Co., Ltd |
Established by investment |
Losses of 380,655.54 Yuan |
| Ningbo New Hope Liuhe Feed Co., Ltd |
Established by investment |
Losses of 311,381.19 Yuan |
| Tongliao New Hope Feed Co., Ltd |
Established by investment |
Losses of 2,864,021.11 Yuan |
| Hengyang New Hope Agricultural Technology Co., Ltd |
Established by investment |
Losses of 1,569,132.59 Yuan |
| Hanzhong New Hope Liuhe Farming Technology Co., Ltd |
Established by investment |
Losses of 75,839.41 Yuan |
| Quzhou New Hope Liuhe Feed Co., Ltd |
Established by investment |
Losses of 17,704.81 Yuan |
| Qingzhou New Hope Feed Co., Ltd |
Established by investment |
No effects |
| Sishui New Hope Yuwang Technology Co., Ltd |
Established by investment |
No effects |
| Yanggu Anputai Biotechnology Co. Ltd |
Established by investment |
Losses of 512,145.01 Yuan |
| Qingdao New Hope Liuhe Training Base Co., Ltd |
Established by investment |
Losses of 10,435.04 Yuan |
| Guanling Xinmu Breeding Co., Ltd |
Established by investment |
Losses of 9,075,124.88 Yuan |
| Qingdao Yifengda Livestock & Poultry Breeding Co., Ltd |
Established by investment |
Profits of 8,415.13 Yuan |
| Heishan Qingwang Meat Duck Breeding Co. Ltd |
Established by investment |
Profits of 643.05 Yuan |
| Dezhou Xinying Livestock & Poultry Breeding Co., Ltd |
Established by investment |
Losses of 378,916.12 Yuan |
| Shouguang Qihang Animal Husbandry Co., Ltd |
Established by investment |
No effects |
| Handan Henong Livestock & Poultry Breeding Co., Ltd |
Established by investment |
Losses of 55,916.06 Yuan |
| Changyi Leihang Livestock Co. Ltd |
Established by investment |
Losses of 47,480.19 Yuan |
| Liquan New Hope Liuhe Farming Co., Ltd |
Established by investment |
Profits of 25,447.91 Yuan |
| Zibo Xinmu Mechanical Technology Co., Ltd |
Established by investment |
Losses of 584,108.60 Yuan |
| Feixian Fusheng Breeding Co., Ltd |
Established by investment |
Losses of 75,358.99 Yuan |
| Shandong Xiangsheng Livestock & Poultry Breeding Co., Ltd |
Established by investment |
Losses of 19,758.00 Yuan |
| Xintai New Hope Feed Co., Ltd |
Established by investment |
No effects |
| Shandong Xiangtai Livestock & Poultry Breeding Co., Ltd |
Established by investment |
Profits of 581.67 Yuan |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
Established by investment |
Losses of 191,740,418.44 Yuan |
| Qingdao Xinmu Zhihe Technology Co., Ltd |
Established by investment |
Losses of 1,105,517.66 Yuan |
| Hanshan Xinyue Farming Technology Co., Ltd |
Established by investment |
No effects |
| Longquan Xinyue Farming Technology Co., Ltd |
Established by investment |
No effects |
| Xiangyang Xinyue Farming Co., Ltd |
Established by investment |
No effects |
| Rizhao Qinyijia Eco-agriculture Development Co., Ltd |
Established by investment |
Losses of 291,275.20 Yuan |
| Ruzhou New Hope Liuhe Feed Co., Ltd |
Established by investment |
No effects |
| Gongqingcheng Huahan New Hope Investment Management Partnership (LP) |
Established by investment |
No effects |
| Changshan New Hope Liuhe Farming Co., |
Established by investment |
No effects |
| Ltd |
|
|
| Yangjiang New Hope Liuhe Feed Co., Ltd |
Deregistered |
Losses of 814.61 Yuan |
| Kitchen Pioneer Management Consulting (Beijing) Co., Ltd |
Deregistered |
No effects |
| Yishui Xinhe Livestock & Poultry Breeding Co., Ltd |
Deregistered |
Losses of 251,500.12 Yuan |
| Xianning Xinhao Farming Co., Ltd |
Deregistered |
No effects |
| Zaoyang Liuhe Feed Co., Ltd |
Deregistered |
No effects |
| Shenyang Liuhe Bofeng Feed Co., Ltd |
Deregistered |
Losses of 265,656.74 Yuan |
| Liaoyang Liuhe Bofeng Feed Co., Ltd |
Deregistered |
Losses of 21,109.58 Yuan |
| Tangshan Liuhe Feed Co., Ltd |
Deregistered |
Profits of 179,056.99 Yuan |
| Pingdu Liuhe Hengli Feed Co., Ltd |
Deregistered |
Profits of 1,500.00 Yuan |
| Shanghai Yijiuyi International Trade Co., Ltd |
Deregistered |
No effects |
| Yishui Xinliu Breeding Co., Ltd |
Deregistered |
No effects |
| New Hope Liuhe Investment (US) Inc. |
Deregistered |
Profits of 13,613,568.64 Yuan |
| Dezhou Shangyu Down Products Co., Ltd |
Deregistered |
Profits of 12,721,026.73 Yuan |
| Yanchuan Yongxiang Livestock Development Co., Ltd |
Transfer |
Losses of 1,756,868.72 Yuan |
| Shanghai Shihe Commerce Co., Ltd |
Transfer |
Losses of 3,051,686.73 Yuan |
| Kaiyuan Liuhe Yahui Feed Co., Ltd |
Transfer |
Profits of 713,777.27 Yuan |
Remarks on major majority-owned and minority-owned companies
During the reporting period, the company’s investment income from China Minsheng Bank of 1,351.6971 million Yuan, accounting for 23.12% of the company's net profits, is the investment income accounted for and recognized by the company's majority-owned subsidiary New Hope Investment Co., Ltd, which holds 1,828,327,362 shares in China Minsheng Bank, with a shareholding ratio of 4.1759%, under the equity method.
VIII. Structured entities controlled by the company
□ applicable √ not applicable
IX. Outlook on future development of the company
(I) Industry landscape and trends
1. Feed industry. Although the pig feed output nationwide in 2020 increased by 16.4% year-on-year, it is merely equivalent to 86% of 2018 if calculated on the same basis. The fertile sows on hand and live pigs on hand nationwide at the end of 2020 did not reach the average level of past years, therefore there is still room for further growth in pig feed in 2021; but ASF remains impossible to eradicate in foreseeable future and mutated attenuated virus occurring again in early 2021 means the epidemic will remain the biggest challenge to the continued recovery of the whole industry especially the pig feed business. In terms of poultry feed, the poultry cycle has already passed the peak of this cycle and is at an obviously downward phase, where although the poultry feed output of the year still can maintain a year-on-year growth of 8.2% due to the currently raised quantities remaining at high levels, the growth rate will be much smaller than the previous year’s, leading to expectations that the growth rate of the poultry feed industry will further decrease due to recovered supply of live pigs and further weakened alternative demand for poultry meat. Aquatic feed is expected to bounce back somewhat in 2021 based on reckoning from the previous cyclic patterns due to the decreased sales volume across the industry in the previous year, once again leaving opportunities for consumption upgrading of special aquatic products ranging from traditional four domesticated fishes to shrimps and crabs. Considering the aforesaid situations, best-run, well-equipped and highly risk-resistant feed business groups are more capable to cope with various complicated situations and to further increase market shares, meaning the company’s feed business still has good opportunities of growth.
2. White-feathered table poultry. Although the breeding poultry prices, commodity prices and poultry meat prices were low for the most part of 2020 and the industries overall profitability level fell remarkably from 2019’s, the oversupplied industry did not radically change in short term. From the supply side, the grandparental white-feathered broilers and parental white-feathered broilers on hand nationwide in 2020 were still at the historical high for the past six years as a whole despite certain declines occurring in the fourth quarter, an indication of sustained oversupply; from the demand side, the live pig supply will continue recovering in 2021 and alternative demand for broilers will further weaken, and the pandemic containment can improve consumption to a certain degree but not enough to turn around the oversupply situation upstream, therefore it is predicted that the poultry industry chain will continue adjusting itself and prices remain under pressure in 2021.
3. Pig farming. As the domestic pig farming industry started and matured even later and is smaller than poultry farming industry, pig farming industry still has rooms brought by further improvement in technological efficiency in the industry. The 2018 ASF outbreak objectively brought opportunities of further upgrading to the industry. First of all, the past practices of backyard pig farming and pig feeding with swill commonly seen with rural free-range farming households have been substantially banned because they are considered as main contributors to the ASF, meaning that the ratio of small-sized household pig farming in the industry will become smaller. Second, as there are still no effective vaccines against ASF, companies and farmer households increased their investments in shed facilities, animal nutrition, animal healthcare drugs and management practices in order to reduce risks of epidemic diseases, which investments will surely raise the production costs and entry barriers of the whole industry before effective vaccines come into being. Furthermore, the past long-distance allocation and transport of live pigs at large scales and within large geographic ranges are believed to increase the probability of spread at the time of epidemic outbreak. Coupled with the fact that policies guided relocation of huge pig farming capacities from south to north out of environmental considerations in the past years, the excessive concentration of pig farming capacities in particular provinces also increased the risks of epidemic, therefore related polices are gradually guiding the national pig farming industry to form a new regional distribution, reduce cross-regional allocation and transport of live pigs and form internal balance of live pig supply and demand within certain large regions, while encouraging major pig farming companies to extend downstream to form a business presence of pig farming and slaughtering, thus driving the industry to shift from “pig allocation” to “pork allocation”. Therefore, in the past two years after the ASF, opportunities arose for overall resumption of production and regional redistribution, but these opportunities are generally more favorable to major companies capable to rapidly acquire land and other project resources and sufficiently invest in various containment measures and implement whole-industry-chain investments. Therefore, although the pig prices will inevitably fall in a zigzag manner due to gradual recovery of the industry’s production capacities, it is predicted that the live pig prices will still remain at a level higher than before the ASF despite overall decline because of the increased cost in the industry as a whole and presence of numerous inefficient three-way cross-bred sows in recovery of sows on hand, coupled with the spread of attenuated ASF in north China in late 2020 and early 2021, which greatly impacted live pigs and sows on hand in Shandong, Hebei and Henan. Of course, the present round of attenuated virus outbreak itself will also pose a tremendous challenge that the industry needs to endeavor to overcome in the subsequent epidemic prevention and production resumption due to its new features such as long latency and difficulty to detect.
4. Food. The 2018 ASF outbreak is affecting the downstream food industry to a certain extent, especially the pig slaughtering business. Related policies are gradually guiding the efforts to reduce cross-region allocation and transport of live pigs and form internal balance of live pig supply and demand within certain large regions, while encouraging major pig farming companies to extend downstream to form a business presence of pig farming and slaughtering. In 2019, the second year after the ASF outbreak, the No. 1 document issued by the central government laid down the need “to optimize the distribution of live pig industry and slaughtering capacities and form slaughtering capacities matching the marketed volume in main producing regions”, while emphasizing the need to “promote the standardization of pig slaughtering, strengthen interfacing between production and sales and ensure meat market supply”; the No. 1 document issued by the central government in 2020 further emphasized the need to “guide pig slaughtering and processing capacities to relocate to concentrated farming areas, gradually reduce long-distance allocation and transport of live pigs and advance the shift from “pig transport” to “pork transport”. In addition to the policy guidance and support, major pig farming companies are also motivated themselves to extend to the downstream slaughtering operations. This is mainly because allocation and transport of live pigs cross regions or even across provinces in the future will be restricted, leading to even more differentiated pig prices between different regions. Due to their large overall capacities, major companies would invest more in major pig-farming provinces, while these provinces would also face the risk of low pork prices due to relative concentration of capacities, such that major pig farming companies would also accelerate integration of their pig slaughtering capacities in regions where their pig farms are concentrated in order not to have their pig farming profits eroded by lower regional pig prices. Compared with numerous peers in the pig farming industry, the company enjoys a large wealth of experience in the downstream slaughtering business. The company also accelerated its pace of setting up new slaughtering plants in 2020, by establishing Kinghey slaughtering plants in Shandong and several other frontend warehouses in main selling regions. The new in-house construction projects or integration of existing capacities through strategic cooperation, lease and joint venture, they will all help the company’s pig farming and slaughtering businesses achieve better development.
The COVID-19 that continues to date since 2020 is also quietly changing the catering and food consumption habits. Quick frozen prepared foods, packaged meat products, prepared dish packages and other product categories met consumer needs during the pandemic with their relatively safer and more convenient ways of consumption, allowing related industry leaders to achieve good business results. A series of new consumption inclinations established during the pandemic, such as increased acceptance of prepared foods, increased purchase frequency of fresh retail and attention to food ingredient safety and traceability issues, will continue into 2021 as the pandemic gradually eases up, thus bringing sustainable competitive edges to leading food companies who adapt themselves to changed market conditions and focus on food safety.
Of course, the aforesaid trends will slowly manifest themselves in a long subsequent period of time. But for 2021 alone, along with further recovery of live pig supply, the pressure on the slaughtering business to acquire pigs will decrease in relative terms. The further declining pig prices and persistently low poultry prices will also help reduce the costs of food business, as the aforesaid factors are all favorable to operation of food business.
(II) Corporate development strategy
The company has a long-term vision of becoming a leader in the agricultural, animal husbandry and food industries and has long been sticking to its strategic objectives of "strengthening the feed business, expanding pig business, refining meat and poultry business, providing excellent food, and deepening overseas operations". In the second half of 2020, while keeping its five major strategic objectives unchanged, the company updated and upgraded its 2021-2023 three-year strategy in light of changed internal and external environments. In the next three years, the company will continue to be committed to maintaining its leading market position, i.e., keeping its leadership position in domestic feed industry, making its way into the club of largest pig farming companies nationwide and becoming the No. 1 supplier and service provider in China in terms of white-feathered table poultry; committed to high-quality development, bringing its value creation capability to an industry-leading level, as well as its profit per pig and bird; committed to becoming a benchmark of management excellence and of digital and intelligent transformation in China’s agricultural and animal husbandry industries, having industry-leading R&D capabilities and breeding and farming technologies, and forming a set of scientific whole-value-chain profit models; committed to sustainable development, cultivating and gathering a group of industry-leading talented people and making its employer brand, industry brand and product brand reputation industry-leading.
1. For feed business, the company will seize new opportunities brought by tremendous changes in the feed industry environment and customer structure, value repeater customer acquisition and industrial synergy, create professional service capabilities and continue to maintain its leadership position in the feed industry.
2. For white-feathered poultry business, the company will commit itself to increasing the value of existing assets, make breakthroughs in repeater customer acquisition, realize excellent management, run through the three industry chain operation models of “whole chain, half chain and efficiency” and become the No. 1 supplier and service provider in’s white-feathered table poultry industry.
3. For its pig farming business, the company will rapidly establish core capabilities including digital intelligence, excellent management, leading breeding and farming technologies, etc, to ensure its operational capabilities excel and establish an end-to-end business-driven model of value maximization and commit itself to becoming a technologically future-proof, largest leading pig farming company in China with the ultimate value.
4. For its food business, the company will pay more attention to B-end customers who value industrialization, integration and specialization of food ingredient supply, complete the operations upstream and downstream the industry chain, strengthen product innovation and channel development capabilities, and create a leading food ingredient supplier and famous food brands in China mainly encompassing three fields of group dinner, hotpot and meat products.
5. For its overseas business, the company will continue focusing on core countries and core industries, expand and deepen the value chain, achieve leapfrog growth in its overseas pig farming business and make its feed business one of the largest in overseas core countries.
(III) Progress of previous business plans within the reporting period
1. Feed business. In terms of structural adjustment, special aquatic feed sales grew 120% year-on-year, poultry feed sales grew 15% year-on-year, external poultry feed sales grew 19% year-on-year, but the profitability of poultry feed did not increase obviously due to poor poultry market condition through the year, and external pig feed sales grew 23% year-on-year, and biological environment-friendly feed sales grew 3% year-on-year. In terms of optimization of business presence, additional 11 large feed plants each with annual sales volume of over 0.20 million tons were built in place. In terms of mechanism innovation, the product project system was implemented in the form of middle office of different feed varieties in the second half of the year, and new feed territory setup with partnership mechanism was expanded from 3 provinces at the end of the last year to 6 provinces at present. The year-round sales volume grew 28% year-on-year, external feed sales volume grew 19% year-on-year, and total sales volume reached 23.92 million tons, making the company the first in China to sell more than 20.00 million tons of feeds.
2. White-feathered table poultry. In terms of directly controlled bases, the company completed construction of 6 commercial generation self-raising farms and leasing of 48 self-raising farms through the year, increasing the number of commercial generation self-raising farms to 84 and annual saleable commercial generation chicks and ducks to over 150 million. Meanwhile, 5 commercial generation farms have begun construction and 8 commercial generation farms are being planned; furthermore, the company spared no effort to increase direct supply ratio through other comprehensive services (including self-raising, outsourced farming and continuous farming contracts of more than two years), with direct supply ratio of chicken business reaching% and that of duck business 80% throughout the year. In terms of acquisition of leading customers, the company mainly concentrated its efforts on developing leading customers in food processing raw materials channel, catering cannel and supermarket channel other than traditional wholesale channel, such as McDonalds, Juewei Food, Zhouheiya, Haidilao and Wallace, all of which are typical leading customers new acquired or acquired but further penetrated in 2020, the increased sales to which allowed the company to achieve year-on-year growth in sales volume in three categories of advantageous channels. In terms of promoting Zhongxin ducks, as of the end of 2020, grandparental and parental breeding ducks accounted for over 13% of the industry, and commercial generation ducklings also accounted for over 8% of the industry.
3. Pig farming business. As to scale expansion race, by the end of 2020, the annual capacity of breeding farms of the company already in operation exceeded 30.00 million, and that of breeding pig farms under construction exceeded 25.00 million; there were additional capacities of projects planned, contracted in terms of land or reserved which exceed 15 million pigs, thus increasing the theoretically achievable maximum capacity of pig farming beyond 70 million pigs, 7 times that at the end of 2018; Moreover, both the projects under construction versus projects in operation and projects planned and reserved versus projects under construction showed a gradually decreased ratio in north and northwest regions and gradually increased ratio in east, central south and southwest regions; live pigs marketed throughout the year were 8.2925 million, hitting the preliminary targets; but due to the impacts of ASF and COVID-19, some of projects lagged behind the construction or production schedule, which, coupled with using some of fattening farms as temporary breeding farms in order to accelerate presence and commissioning of breeding pig farms, allowed self-produced piglets and self-fattened hogs only partially hit the preliminary targets in the year. As to competition for talent, by the end of 2020, the company’s employees engaged in pig business approached 45,000, more than doubling the preliminary target, but the company still needs to work hard on internal team splitting, training, improvement and output of new recruits. As to ensuring safety, by establishing a dedicated production management middle office, the company established 165 testing labs across the country, optimized its ASF containment process and stabilized its ASF containment efforts as a whole throughout the year, with two intelligent pilot pig farm projects in Pinggu of Beijing and Xinjing of Sichuan built and put into operation and commenced respectively; but technical indicators such as marketing rate, rate of conforming products and full cost need to be further improved due to extensive use of three-way sow backcross technology started in the year to accelerate the buildup of breeding pig reserves.
4. Food business. In terms of brands, not only a single-item brand “Meihao homemade crispy pork slices” remained popular, it also voted the “most popular Sichuan-styled snack of the year” jointly by Chengdu Commercial Daily and Red Star News at the end of the year. Moreover, the company gradually created a segment brand positioning “Meihao exclusive for hotpot”, wining the heart and mind of catering customers and consumers. Product-wise, the year-round sales revenue of crispy pork slices exceeded 600 million Yuan, more than threefold year-on-year growth and more than doubling the preliminary plan. Considerable breakthroughs were also made in other food ingredients suitable for hotpot scenarios such as “pure” starch-free sausage, starch-free small sausages of pure meat, beef slices, luncheon meat, coriander pork meatballs and yak meat rolls, but their sales revenue need to be further increased. In terms of channel and customer, breakthroughs were made with top 10 key accounts such as Fresh Hema, Wu-mart, Wal-Mart and Metro, while the company continued working hard on its raw and fresh meat business by establishing its presence in all leading fresh retail channels and winning the 2020 best single-store sales contribution award from Fresh Hema. The company’s e-commerce sales increased 155% year-on-year. In terms of market regions, business revenue in southwest region exceeded 1.6 billion Yuan, 56% up year-on-year; business revenue in such key regions as north, east and south China grew 155%, 240% and 438% year-on-year respectively, exceeding the preset targets.
5. Overseas business. In terms of regional markets, business revenue in Vietnam, Indonesia, the Philippines and Bangladesh all exceed 1.0 billion Yuan, of which business revenue was 3.1 billion Yuan in Indonesia and 2.7 billion Yuan in Vietnam, setting historic highs in business performance amid the spreading pandemic abroad, with significant growth in feed sales volume and profits in these two countries; in terms of overseas digitalization drive, the company gradually sorted out various production and operation processes to make them more standardized and conducted digital exploratory research in several key areas; in terms of talent localization, the ratio of local middle management in host countries increased from 30% at the end of 2019 to 47% at the end of 2020, making outstanding contributions to the continuously growing overseas business of the company despite the complicated situation abroad involving spread of the pandemic; in terms of global finance trade, the company’s trade volume increased 65% year-on-year in 2020, with resulting profits increased 12% year-on-year.
(IV) Business plan for the next year
1. For its feed business, the company will optimize its regional presence of feeds, solidify the position of core markets such as Shandong, increase the sales volume and market shares in other major feed-producing provinces each with ten millions ton output, make breakthroughs in provinces with market vacuum, build new feed plants according to the planning requirements and further increase external sales volume of feed; optimize its product mix, work hard on the technology end to improve bio-safety protection and control capabilities across the board, complete the upstream and downstream supporting facilities, increase the capabilities to develop and serve large farm customers, and achieve leapfrog growths in pig feed and aquatic feed businesses.
2. As for its white-feathered table poultry business, the company will run through the three industry chain operation models of “whole chain, half chain and efficiency first”; by acquiring leading key accounts, beefing up customized product development and innovation and completing the end-to-end integrated industry chain, the company will increase the ratio of high-premium value-creating customers and tap the value contribution of large and profitable customers at the intermediate layer by improving competitiveness of differentiated products, increasing supply quality and stability and employing “quasi-integrated” agile presence; by promoting the conversion of agents into itinerant traders or distributors, establishing presence in raw and fresh counters in supermarkets and matching high-efficient logistics and distribution, the company will develop frontend warehouses and existing customers beyond the traditional distribution channels.
3. As for pig farming business, with large capacities in place at home, the company will gradually shift from a development-centered phase to a production operation-centered phase, expand the scale of pig farming in a high-quality manner, further complete the subsequent capacity expansion in advantageous south region and supplementary construction of supporting feed plants and in-house fattening farms; further improve the large-scaled live pig and pig farming management capabilities, and raise the efficient production and precise feeding levels of breeding pigs and strengthen epidemic containment by beefing up its production middle office; increase the ratio of in-house fattening operations and fattening efficiency; further improve the full cost and gradually establish an industry-leading pig farming level; further reform the pig farm management practices, strengthen pig farm execution and management, perfect the incentive mechanisms, incline resources towards pig farms across the board, build controllable and manageable benchmark pig farms and duplicate and roll out experience; further raise the live pig sales performance, optimize the national distribution planning and construction of slaughtering and downstream extension of the industry chain to achieve the maximum value per pig.
4. For food business, the company will concentrate its advantageous resources to realize integrated supply of B-end food ingredients and create famous food brands; establish a unified system of food ingredient supply chain by getting through the company’s interiors, sister companies and external purchase, open the closed channels through the partner model, make breakthroughs with large customers in a grid-like manner region by region and jointly promote breakthroughs in food ingredient business related to group dinner; help make breakthroughs in hotpot food ingredient business by establishing top-notched R&D capabilities, forming dedicated project teams and incubating new 100 million Yuan-worth single items; establish cross-industry channel development work organizations, and explore all-channel development mechanisms and the best cooperation models for industrial synergy inside the company.
5. As for overseas business, the company will base itself in overseas core markets and countries, seek suitable project opportunities and further grow its pig farming business; by improving the product power, optimizing product mix, enriching raw materials purchase channels and optimizing cost, the company will accelerate implementation of new capacity planning and realize sales volume growth and increase in market shares in core countries.
In 2021, the company’s estimated funding requirements for investment in various businesses at home and abroad and other operating activities will be about 20.0 billion Yuan. The sources of funding mainly include:
（1） Company-owned funds (including existing monetary funds and net operating cash inflows for 2021)
（2） Financing from domestic and overseas financial institutions
（3） 8.15 billion Yuan convertible bonds to be issued in 2021, and renewable corporate bonds registered in 2020 and to be issued according to market environments in 2021;
（4） Issuance of short-term financing bills, corporate bonds, non-public additional equity offerings and other financing;
（5） Expansion of supply chain financing.
X. Receptions of surveys, communications, interviews and other activities
1. Register of receptions of surveys, communications, interviews and other activities within the reporting period
√ applicable □ not applicable
| Time received |
Place of reception |
Manner of reception |
Type of subject of reception |
Subject of reception |
Main content of discussion and information provided |
Index of basic details of survey |
| January 2, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about subscription for convertible bonds by Shenzhen Stock Connect shareholders |
Convertible bonds |
| January 3, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to subscription for convertible bonds |
Convertible bonds |
| January 3, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to subscription for convertible bonds |
Convertible bonds |
| January 3, 2020 |
Weifang |
Field survey |
Entity |
Institutional investor |
Inquiries about the company’s farming business model and related details |
Live pig business |
| January 6, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to subscription for convertible bonds |
Convertible bonds |
| January 7, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about Hope Financial under the flag of New Hope Group |
Hope Financial |
| January 9, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig planning and marketing of the company |
Live pig business |
| January 10, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to subscription for convertible bonds |
Convertible bonds |
| January 14, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig planning and marketing of the company |
Live pig business |
| January 16, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to issuance of convertible bonds |
Convertible bonds |
| January 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about listing progress of convertible bonds |
Convertible bonds |
| January 20, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about listing progress of convertible bonds |
Convertible bonds |
| January 21, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about equity investment project involving convertible bonds |
Convertible bonds |
| January 22, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the 2019 performance projection of the company |
Business performance |
| February 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about production and operations of the company amid the pandemic |
Production and operations |
| February 20, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig operation and planning of the company |
Live pig business |
| February 24, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig operation and planning of the company |
Live pig business |
| February 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about business development and live pig operations of the company |
Production and operations |
| February 27, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig operations of the company in February |
Live pig business |
| February 28, 2020 |
Chengdu |
Telephone |
Individual |
Individual |
Inquiries about live pig operation |
Live pig business |
|
|
communication |
|
investor |
and planning of the company |
|
| March 4, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s investments in live pigs |
Live pig business |
| March 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig sales in February |
Live pig business |
| March 16, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s investments in live pigs |
Live pig business |
| March 19, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s production and operations and stock operation |
Production and operations and stock trends |
| March 24, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig planning and operation of the company |
Production and operations |
| March 26, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about production and operations of the company in various lines of business |
Production and operations |
| March 30, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s production and operations in the first quarter of 2020 |
Production and operations |
| April 2, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s business performance in 2019 |
Business performance |
| April 2, 2020 |
Chengdu |
Telephone communication |
Entity |
Institutional investor |
Introduction to overall development of the company and overview of key lines of business |
Production and operations |
| April 3, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to pig farming business of the company |
Live pig business |
| April 7, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s investments in live pigs |
Live pig business |
| April 8, 2020 |
Beijing |
Telephone communication |
Entity |
Institutional investor |
Introduction to the company’s operational status and situation of each business unit |
Production and operations |
| April 10, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig sales in March |
Live pig business |
| April 13, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about performance forecast of the company in the first quarter |
Business performance |
| April 2, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about participation in the company’s general meetings 2019 |
General meeting |
| April 21, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about participation in the company’s general meetings 2019 |
General meeting |
| April 23, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about participation in the company’s general meetings 2019 |
General meeting |
| April 24, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about participation in the company’s general meetings 2019 |
General meeting |
| April 27, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about participation in the company’s general meetings 2019 |
General meeting |
| April 28, 2020 |
Beijing |
Telephone communication |
Others |
Other investors |
Inquiries about the company’s business performance, stock trends on secondary markets and situation of each business unit |
Production and operations and stock trends |
| May 8, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s investments in live pigs |
Live pig business |
| May 12, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig sales in April |
Live pig business |
| May 15, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig business development planning |
Live pig business |
| May 19, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s production and operations and stock |
Production and operations |
|
|
|
|
|
operation |
|
| May 19, 2020 |
Beijing |
Telephone communication |
Entity |
Institutional investor |
Inquiries about the company’s business condition in each business unit |
Production and operations |
| May 21, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig planning and operation of the company |
Live pig business |
| May 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s business condition in the second quarter |
Production and operations |
| May 29, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to live pig business of the company |
Live pig business |
| June 2, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s feed business and investments in live pigs |
Feed business and investments in live pigs |
| June 3, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s investments in live pigs |
Live pig business |
| June 5, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock price on secondary markets |
Stock trends |
| June 9, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about pig prices on markets |
Market prices of live pigs |
| June 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig sales in May |
Live pig business |
| June 15, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s business operations and annual dividend payout |
Production and operations |
| June 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about construction of pig farms and production and operations |
Production and operations |
| June 22, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about market prices and sales of live pigs |
Market prices of live pigs |
| July 1, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about market prices of live pigs |
Market prices of live pigs |
| July 2, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s production and operations and live pigs |
Production and operations |
| July 6, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s business results in semiannual report and construction of live pigs |
Periodical reports |
| July 7, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s pig farming business |
Live pig business |
| July 9, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s monthly live pig sales |
Live pig business |
| July 10, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s private placement and time of disclosure of semiannual reports |
Non-public |
| July 13, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about conversion of convertible bonds into shares |
Convertible bonds |
| July 15, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s pig farming business |
Live pig business |
| July 16, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about effects of floods in south China on the company’s pig farming business |
Live pig business |
| July 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s pig business planning |
Live pig business |
| July 22, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to conversion of convertible bonds into shares |
Convertible bonds |
| July 27, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig business and effects of floods in south China |
Live pig business |
| July 29, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig industry data and sales |
Live pig business |
| July 30, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about progress of the company’s private placement and details related to live pig operations |
Non-pulbic and live pig business |
| August 3, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about market prices of live pigs |
Market prices of live pigs |
| August 5, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s time of disclosure of semiannual reports |
Periodical reports |
| August 7, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig sales data for July |
Live pig business |
| August 7, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about poultry market prices and overseas feed plants |
Poultry business and feed business |
| August 12, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig sales |
Live pig business |
| August 13, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the number of the company’s shareholders |
Shareholder details |
| August 16, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s production and operations |
Production and operations |
| August 19, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s live pig business planning |
Live pig business |
| August 21, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s production and operations |
Production and operations |
| August 31, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s semiannual reports |
Periodical reports |
| August 31, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig planning objectives and poultry farming business operations |
Live pig business and poultry farming |
| August 31, 2020 |
Beijing |
Telephone communication |
Entity |
Institutional investor |
Introduction to operational status of each business unit of the company |
Production and operations |
| September 1, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s productive biological assets |
Financial data |
| September 1, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s private placements and production and operations in 2020 |
Non-public |
| September 2, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s semiannual report disclosures |
Periodical reports |
| September 7, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about separation of the company’s president |
Senior management team |
| September 7, 2020 |
Beijing |
Telephone communication |
Entity |
Institutional investor |
Introduction to the company’s production and operations and newly-appointed president |
Production and operations |
| September 9, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s convertible bonds |
Convertible bonds |
| September 9, 2020 |
Chengdu |
Field survey |
Entity |
Institutional investor |
Introduction to operational status of each business unit of the company |
Production and operations |
| September 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig business planning objectives |
Live pig business |
| September 14, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about incumbency of new president |
Senior management team |
| September 14, 2020 |
Chengdu |
Telephone |
Individual |
Individual |
Inquiries about strategic planning for |
Live pig business |
|
|
communication |
|
investor |
live pig business and operation of secondary stock market |
|
| September 15, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to live pig prices and marketing |
Live pig business |
| September 16, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about matters related to participation in the 1st extraordinary general meeting in 2020 |
General meeting |
| September 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| September 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about incumbency of the company’s president |
Senior management team |
| September 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s private placements |
Non-public |
| September 17, 2020 |
Chengdu |
Field survey |
Entity |
Institutional investor |
Introduction to operational status of each business unit of the company |
Production and operations |
| September 21, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the marketing planning objectives for the live pig business |
Live pig business |
| September 22, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to food business and pig business |
Food business and pig business |
| September 24, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about public opinion related to feed business in Shandong |
Feed business |
| September 24, 2020 |
Chengdu |
Field survey |
Entity |
Institutional investor |
Exchanges at the scene of general meeting |
General meeting |
| September 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s senior management team and live pig business |
Senior management team |
| September 28, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to separation of the company’s former president |
Senior management team |
| September 28, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about questions related to the company’s senior management team and asset-liability ratio |
Senior management team |
| September 29, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about live pig marketing plan and pig farming |
Live pig business |
| September 29, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s share repurchase |
Share repurchase |
| September 30, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about public opinion related to feed business in Shandong |
Feed business |
| October 9, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s time to disclose Q3 quarterly report and production and operations |
Production and operations |
| October 12, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets and production and operations |
Stock trends |
| October 15, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s pig farming and production and operations |
Production and operations |
| October 15, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s share repurchase |
Share repurchase |
| October 19, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to pig farming business of the company |
Live pig business |
| October 20, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s production and operations |
Production and operations |
| October 22, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s pig farming and production and |
Production and operations |
|
|
|
|
|
operations |
|
| October 26, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s pig farming and food business |
Each business unit |
| November 1, 2020 |
Beijing |
Telephone communication |
Entity |
Institutional investor |
Introduction to the company’s business performance and operation of each business unit |
Production and operations |
| November 3, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to pig farming business of the company |
Live pig business |
| November 4, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s feed business operations |
Feed business |
| November 4, 2020 |
Chengdu |
Field survey |
Entity |
Institutional investor |
Introduction to operation of each business unit |
Production and operations |
| November 5, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to pig farming business of the company |
Live pig business |
| November 6, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about progress of the company’s share repurchase |
Share repurchase |
| November 9, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to pig farming business of the company |
Live pig business |
| November 9, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about development of the live pig industry |
Live pig business |
| November 1, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about progress of the company’s share repurchase |
Share repurchase |
| November 1, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s live pig sales in October |
Live pig business |
| November 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to mandatory redemption of the company’s convertible bonds |
Convertible bonds |
| November 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock operation on secondary markets |
Stock trends |
| November 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s disclosure on irm.cninfo.com.cn |
irm.cninfo.com.cn |
| November 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s pig farming and food terminal business |
Each business unit |
| November 12, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about participation in general meetings |
General meeting |
| November 13, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to issuance of the company’s convertible bonds |
Convertible bonds |
| November 16, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about participation of the company in general meetings and live pig business-related details |
General meeting and live pig business |
| November 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s pig farming and issuance of convertible bonds |
Convertible bonds and live pig business |
| November 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about participation in general meetings |
General meeting |
| November 18, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the 2nd general meeting in 2020 |
General meeting |
| November 18, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about piglet purchase cost and quantities in Q4 of 2020 |
Live pig business |
| November 18, 2020 |
Chengdu |
Telephone communication |
Entity |
Institutional investor |
Inquiries about operation of each of business units of the company |
Production and operations |
| November 23, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about development of the live pig industry |
Live pig business |
| November 24, 2020 |
Chengdu |
Telephone |
Individual |
Individual |
Inquiries about progress of the |
Equity incentives |
|
|
communication |
|
investor |
second round of employee equity incentives |
|
| November 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| November 26, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to cancelled issuance of the company’s renewable corporate bonds |
Renewable corporate bonds |
| November 26, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| November 26, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s operation management |
Production and operations |
| December 3, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the announcement “strengthening the middle office” |
Strengthening the middle office |
| December 3, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about separation of three senior executives and details related to breeding pigs on hand |
Live pig business |
| December 7, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s share repurchase |
Share repurchase |
| December 8, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to live pig sales in November |
Live pig business |
| December 1, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| December 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s operational status of each line of business |
Production and operations |
| December 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s production and operation management |
Production and operations |
| December 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to separation of the company’s senior executives |
Separation of senior executives |
| December 11, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| December 14, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s pig farming business operation in the fourth quarter |
Live pig business |
| December 14, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| December 15, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| December 15, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| December 16, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about operation of the company’s business units |
Production and operations |
|
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| December 17, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to separation of the company’s senior executives |
Separation of senior executives |
| December 18, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to marketing of live pigs in the fourth quarter |
Live pig business |
| December 21, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| December 22, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s feed, poultry farming and pig prices |
Each business unit |
| December 23, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| December 23, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s pig marketing objectives for 2020 |
Live pig business |
| December 23, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to the company’s stock review statement and announcement time |
|
| December 23, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock trends on secondary markets |
Stock trends |
| December 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock price trends and year-end pig marketing |
Stock trends and live pig business |
| December 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock price trends, repurchase and company management issues |
Stock trends and repurchased shares |
| December 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock price trends and whether the company had significant issues |
Stock trends |
| December 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about matters related to convertible bonds and suggestions to maintain the company’s stock price and brand image |
Convertible bonds |
| December 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about the company’s stock price trends |
Stock trends |
| December 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Suggesting the company reply as to pig marketing as soon as possible and Inquiries about management changes rumored on the markets |
Live pig business |
| December 25, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about related rumors on the markets and deviations from the company’s marketed quantities |
Live pig business |
| December 27, 2020 |
Beijing |
Telephone communication |
Entity |
Institutional investor |
Introduction to the overall development of the company and issues of concern to the markets |
Production and operations |
| December 28, 2020 |
Chengdu |
Telephone communication |
Individual |
Individual investor |
Inquiries about details related to investor survey questionnaires |
Investor survey questionnaires |
| Number of receptions |
180 |
| Number of entities received |
13 |
| Number of individuals received |
166 |
| Number of other subjects received |
1 |
| Whether non-public, significant information has been disclosed, divulged or leaked |
No |
Section 5 Important Events
I. The company’s profit distribution on ordinary shares and transfer of capital reserve to share capital
Profit distribution policy for ordinary shares within the reporting period, especially formulation, execution or adjustment of cash dividend policy □ applicable √ not applicable
The ordinary share dividends distribution scheme (plan) and capital reserve conversion into share capital scheme (plan) of the company in the past three years (including this reporting period)
The 2018 annual profit distribution scheme of the company is as follows: 73,167,190 repurchased shares not participating in profit distribution are deducted by the company’s total share capital of 4,216,015,009 shares, i.e., with 4,142,847,819 shares as the base, distributing 0.30 Yuan cash (pretax) to all shareholders for each 10 shares, without transferring the capital reserve to the share capital.
The 2019 annual profit distribution plan of the company is as follows: 72,258,790 repurchased shares not participating in profit distribution are deducted by the company’s total share capital of 4,216,015,009 shares, i.e., with 4,143,756,219 shares as the base, distributing 1.50 Yuan cash (pretax) to all shareholders for each 10 shares, without transferring the capital reserve to the share capital.
The 2020 annual profit distribution plan of the company is as follows: the company will not distribute cash dividends or allot bonus shares or transfer its capital reserve to share capital in 2020, with the undistributed profits carried over to the next year.
Statement of ordinary shares cash dividends of the company in the past three years (including this reporting period)
Unit: yuan
| Year of dividend payout |
Amount of cash dividends (pretax) |
Net profits in the consolidated statements that are attributable to ordinary shareholders of the listed company in the year of dividend payout |
Ratio of amount of cash dividends to net profits in the consolidated statements that are attributable to ordinary shareholders of the listed company |
Amount of cash dividends distributed otherwise (such as repurchased shares) |
Ratio of amount of cash dividends distributed otherwise to net profits in the consolidated statements that are attributable to ordinary shareholders of the listed company |
Total amount of cash dividends (including other means) |
Ratio of total amount of cash dividends (including other means) to net profits in the consolidated statements that are attributable to ordinary shareholders of the listed company |
|---|
| 2020 |
0.00 |
4,944,191,027.81 |
0.00% |
195,409,629.71 |
3.70% |
195,409,629.71 |
3.70% |
| 2019 |
621,563,432.85 |
5,041,999,768.06 |
12.33% |
472,968,246.41 |
9.38% |
1,094,531,679.26 |
21.71% |
| 2018 |
124,285,434.57 |
1,704,646,781.14 |
7.29% |
135,933,209.85 |
7.97% |
260,218,644.42 |
15.27% |
The company made profits within the reporting period and the parent company’s profits available for distribution to ordinary shareholders were positive, but no ordinary share cash dividend distribution plan was brought forward.
√ applicable □ not applicable
| Reasons why the company made profits within the reporting period and the parent company’s profits available for distribution to ordinary shareholders were positive, but no ordinary share cash dividend distribution plan was brought forward |
The purpose and utilization plan of undistributed profits of the company |
| As the company has huge financial requirements for investment, development and daily operations in 2021, proposing no cash dividend distribution helps ensure the normal business operations and steady development of the company, enhance the ability to withstand risks and realize continuous, steady and healthy development of the company, thus better preserving the long-term interests of all shareholders. |
The company’s undistributed profits are used to meet the needs of the company for daily operations and pig business investment and development. Utilization plan: to be completed by the end of 2021. |
II. Profit distribution and transfer of capital reserve to share capital during the reporting period
□ applicable √ not applicable
The company plans not to distribute cash dividends or allot bonus shares or transfer its capital reserve to share capital in the year.
III. Performance of commitments
1. Commitments performed within the reporting period and not yet performed beyond the time limit as at the end of the reporting period by the actual controller, shareholders, affiliates, acquirers and corporate and other commitment-related parties of the company
√ applicable □ not applicable
| Cause of commitment |
Committing party |
Type of commitment |
Content of commitment |
Time of commitment |
Period of commitment |
Performance |
| Shareholding reform commitments |
New Hope Group Co., Ltd |
Commitments to reduced shareholding |
New Hope Group Co., Ltd will not list for trading or transfer its shares within 36 months of acquisition of the circulation right. Upon the expiration of the aforesaid lockup period, the original non-tradable shares may be listed for sale at a price of no less than 6.8 Yuan only when the company’s stock closing price exceeds 6.8 Yuan for any consecutive 5 trading days. The prices of the aforesaid shares offered for sale will be adjusted accordingly when the company implements profit distribution, transfer of capital reserve to share capital, additional issue of new shares, shares allotment, conversion of convertible bonds into shares or shareholding reduction of the same ratio of all shareholders. |
January 19, 2006 |
None |
Commitments honored |
| Commitments made in acquisition reports or equity change reports |
None |
None |
None |
None |
None |
None |
| Commitments made at the time of asset reorganization |
New Hope Group Co., Ltd; South Hope Industrial Co. Ltd; Liu Yonghao |
Commitments regarding horizontal competition, related-party transactions and occupation of funds |
In order to preserve the legitimate rights and interests of the company after significant asset reorganizations, the aforesaid shareholders undertake that the covenanters currently are not directly or indirectly engaged in any business activities that constitute horizontal competition with the business conducted by the listed company; while the covenanters actually control the listed company, the covenanters and other companies (except for listed companies) controlled by them will not directly or indirectly engage in any business activities that constitute horizontal competition with the business conducted by the listed company, nor engage in any activities that might damage the interests of the listed company.. |
December 31, 2010 |
None |
Commitments honored |
| New Hope Group Co., |
Commitments regarding |
In order to reduce and regulate the possible related-party transactions of |
December 31, 2010 |
None |
Commitments honored |
|
Ltd; South Hope Industrial Co. Ltd; |
horizontal competition, related-party transactions and occupation of funds |
the company after significant asset reorganizations, the aforesaid shareholders undertake that they will avoid or reduce related-party transactions with the listed company and its subsidiaries whenever possible; execute standard-compliant related-party transaction agreements with the listed company with respect to related-party transactions that cannot be avoided or have reason to exist and perform approval procedure according to the applicable laws, regulations, rules and other normative documents and the articles of association, whereby the prices of related-party transactions will be determined according to the prices when the same or similar transactions are conducted with independent third parties without related-party relationship in order to ensure prices of related-party transactions are fair; undertake to perform the information disclosure obligations for related-party transactions according to applicable laws, regulations and articles of association; undertake not to illegally transfer funds or profits of the listed company through related-party transactions or jeopardize the interests of the listed company and its non-related shareholders through related-party transactions. |
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| New Hope Group Co., Ltd; South Hope Industrial Co. Ltd; |
Other commitments |
After completion of significant asset organization of the company, South Hope will become a shareholder of the company, the shares controlled by New Hope Group in the company will further increase and New Hope Group and South Hope undertake as follows with respect to ensuring the independence of the company: 1. Ensure the independence of assets of the listed company; 2. Ensure the financial independence of the listed company; 3. Ensure the organizational independence of the listed company; 4. Ensure the business independence of the listed company; 5. Ensure the relative independence of employees of the listed company. |
December 31, 2010 |
None |
Commitments honored |
| Yan Junfang |
Commitments regarding restricted sale of shares |
Prior to expiration of 36 months of the date when issues issued by New Hope that I have acquired through sale of 12.83% shares held by me in Besun Agricultural (i.e., 8,755,151 shares, calculated at the issue price of 8.38 Yuan per share, provided that the aforesaid number of shares will also be accordingly adjusted if such issue price is adjusted due to such ex-dividend and ex-right change changes of the company as distribution of dividends, allotment of bonus shares and conversion into share capital), I will |
January 24, 2017 |
2020-02-25 |
Commitments honored |
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not transfer or have others manage or require the listed company to acquire such portion of stock held by me that the listed company directly privately issued to me this time. |
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| Kang Shunhu; Lei Ningli; Yan Suifang; Yangling Fengyi Equity Investment Management Center (LP); Yangling Xiangyuan Equity Investment Management Center (LP) |
Commitments regarding restricted sale of shares |
Prior to the expiration of 36 months of the date of this listing of additional shares, I/my company will not transfer or have others manage or require New Hope to acquire such portion of stock held by me that New Hope directly privately issued to me/my company this time. |
January 24, 2017 |
2020-02-25 |
Commitments honored |
| Gao Zhanhe; Yan Junfang; Yan Suifang; Yangling Fengyi Equity Investment Management Center (LP); Yangling Xiangyuan Equity Investment Management Center (LP) |
Commitments regarding horizontal competition, related-party transactions and occupation of funds |
During my holding of shares/equities in the listed company and Yangling Besun: 1. I, my close family members (including spouse, parents, parents and siblings of spouse and their spouses, children aged above 18 and their spouses, siblings of spouses and parents of spouses of children, the same below) and companies controlled by me and my close family members (indirectly directly and indirectly)have not and will not directly or indirectly engage in any activities that constitute horizontal competition with the swine breeding, pig farming, slaughtering, processing and feed production businesses (hereinafter, “main business of the listed company”) that the listed company and its majority-owned subsidiaries mainly conduct in any manner. 2. With respect to wholly-owned companies and directly or indirectly majority-owned companies controlled by me and my close family members, I and my close family members will cause such companies to perform the same obligations in this letter of commitments as mine through appointed agencies and personnel (including but not limited to directors and managers) and exercise of the majority-owned status and undertake not to incur horizontal competition with the main business of the listed company. 3. If I, any of my close family members or companies over which I or any of my close family members has control has any business opportunities to engage or participate in any activities that might compete with the main business of the listed company, the listed company will be immediately notified of the aforesaid business |
December 28, 2016 |
None |
Commitments honored |
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opportunities and I will make the utmost effort to give such business opportunities to the listed company during the reasonable period specified in the notice if the listed company makes a positive reply expressing its willingness to utilize such business opportunities. 4. I acknowledge that each and every commitment indicated in this letter of commitments is independently enforceable commitment and any commitment that is held to be invalid or terminated will not affect the validity of all remaining commitments; in case of violation of any of the aforesaid commitments, I will bear the direct or indirect economic losses and damages so caused to the listed company and the costs and expenses in connection therewith. |
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| Gao Zhanhe; Yan Junfang; Yan Suifang; Yangling Fengyi Equity Investment Management Center (LP); Yangling Xiangyuan Equity Investment Management Center (LP) |
Commitments regarding horizontal competition, related-party transactions and occupation of funds |
During the period in which I holds shares/equities in the listed company and Yangling Besun and I or my affiliates are defined as the listed company and its majority-owned subsidiaries as specified by the securities regulatory rules: 1. With respect to the related-party transactions already existing and unavoidable in the future between I and companies controlled by me (if any) and the listed company and its majority-owned subsidiaries, I undertake to follow the arm’s length principle of market transaction, i.e., normal commercial terms, to make transactions with the listed company and its majority-owned subsidiaries. If I failed to make any transactions with the listed company and its majority-owned subsidiaries according to the arm’s length principle of market transaction, causing losses or having caused losses to the listed company and its majority-owned subsidiaries, I will be liable for indemnification. 2. I will perform in good faith the obligations as a shareholder of the listed company, fully respect the independent status of legal person of the listed company and safeguard the independent operation and autonomous decision making of the listed company. I will cause directors of the listed company nominated by me (if any) to perform their duty of faith and diligence according to law in strict accordance with the Company Law of China and the articles of association of the listed company. 3. I and my affiliates undertake not to occupy any funds of the listed company by means of borrowings, debt service, advance or otherwise or require the listed company provide any |
December 28, 2016 |
None |
Commitments honored |
|
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|
illegal guarantees for the benefit of me and my affiliates. 4. If the listed company has to incur unavoidable related-party transactions with me or any of my affiliates in its future business activities, I will cause such transactions to perform related procedures strictly according to the applicable Chinese laws and regulations, articles of association of the listed company and related rules of the listed company and I will strictly perform the obligation not to vote when the general meetings of the listed company vote on related-party transactions; execute agreements with the listed company and timely conduct information disclosure according to law; guarantee that such transactions will be conducted according to normal commercial conditions and I and my affiliates will not require, or accept, the listed companies to offer any conditions more favorable than those offered to third parties in any arm’s length transaction, and undertake not to jeopardize the legitimate rights and interests of the listed company and other shareholders through related-party transaction. 5. I and my affiliates will strictly and in good faith perform various related-party transaction agreements executed with the listed company. I and my affiliates will not seek from the listed company any interests or benefits beyond those set forth in the aforesaid agreements. |
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| Gao Zhanhe; Yan Junfang |
Other commitments |
1. Yanan Benyuan’s Huangzhang Pig Farm Project, Yanchuan Yongxiang’s Eco-friendly Commodity Pig Farming Community Construction Project, Zhidan Dingxiang’s eco-friendly pig breeding base project are in the process of securing the environmental impact assessment approval, and there are no substantial legal impediments to securing the environmental impact assessment approval for such construction projects. 2. The sewage disposal facilities of farming bases, feed plants and slaughtering and meat packing plants of Besun Agricultural and its subsidiaries are in normal operation, without causing any significant environmental pollution accidents. 3. We and related companies will actively renovate, upgrade and replace the environmental equipment of related companies and actively and fully consult and communicate with related government authorities in an effort to obtain the corresponding environmental impact assessment |
December 28, 2016 |
2020-02-25 |
Commitments honored |
|
|
|
approvals, EIA acceptance and sewage discharge permits as soon as possible and resolve such circumstances of substandard environmental protection practices. 4. If the substandard environmental protection practices before this share issue for asset purchase via payment in cash cause related companies to be subjected to administrative punishment by related government authorities or to be required to bear other legal responsibilities, we will actively take related measures as appropriate to compensate related companies for any and all economic losses so incurred and minimize or eliminate the adverse effects. |
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| Commitments made at the time of IPO or refinancing |
New Hope Group Co., Ltd, South Hope Industrial Co., Ltd |
Commitments regarding restricted sale of shares |
Subjects of issuance undertake not to transfer any stocks privately placed this time within 18 months of the end of this issuance. |
October 29, 2020 |
18 months |
Commitments honored |
| Equity incentive commitments |
None |
None |
None |
None |
None |
None |
| Other commitments made to the minority shareholders of the company |
None |
None |
None |
None |
None |
None |
| Whether the commitments were performed on time |
Yes |
| If commitments were not performed and completed within the time limit, the specific reasons for failure to complete performance and the next work plans should be detailed. |
Not applicable |
2. Where the company’s assets or projects are forecast to be profitable and the reporting period is still within the profit forecast period, the company makes a statement as to assets or projects reaching the original profit forecasts and why.
□ applicable √ not applicable
IV. Occupation of non-operating funds of the listed company by controlling shareholders and their related parties
□ applicable √ not applicable
The company had no occupation of non-operating funds of the listed company by controlling shareholders and their related parties during the reporting period.
V. Remarks of the board of directors, board of supervisors and independent directors (if any) on the “nonstandard auditor’s report” issued by the accounting firm for this reporting period
□ applicable √ not applicable
VI. Remarks on changes in accounting policies, accounting estimates and accounting methods compared with the financial report of the previous year
√ applicable □ not applicable
1. Important accounting policy changes
| Contents and causes of accounting policy changes |
Approval procedure |
| “Enterprise Accounting Standards No. 14—Revenue” Caikuai[2017] No. 22 |
Unified regulations of the Ministry of Finance |
2. Important accounting estimate changes
According to the 20th meeting of the 8th board of directors of the company: due to remarkably decreased stock of fertile sows at home as a result of ASF, the company will select and breed part of commercial generation sows as parental breeding sows, i.e., three-way breeding sows, the service life of which is shorter than parental breeding sows bred from grandparental breeding pigs (i.e., two-way crossbred sows), so the company plans to change the estimated service life of breeding sows in productive biological assets and changed the estimated service life of three-way breeding sows to 24 months based on the production performance of three-way breeding sows, as opposed to 36 months for other generations of breeding sows. Such accounting estimate change was implemented as from July 1, 2020. The effect of this accounting estimate change on the 2020 financial statements is as follows: accumulated depreciation of productive biological assets is increased by 102.7620 million Yuan, operating cost increased by 15.4940 million Yuan and consumptive biological assets increased by 87.2680 million Yuan.
According to the 20th meeting of the 8th board of directors of the company: along with business development of the company in recent years, especially rapid development of pig farming industry, and continuous innovation of new-type building materials and building (construction) modes, the company saw increased categories of fixed assets such as house buildings (structures), machinery and equipment, such that the original depreciation period of fixed assets cannot fully match the actual service life of fixed assets at present. In order to increase accuracy and authenticity of cost accounting and better reflect the true costs of the company’s products, the company plans to change accounting estimates of depreciation period of fixed assets, effective as of July 1, 2020. The specific content of this accounting estimate change is as follows:
Depreciation period of fixed assets before this accounting estimate change:
| Category |
Depreciation method |
Depreciation period |
Annual depreciation rate |
Residual value rate |
|---|
| Houses and buildings |
Straight-line method |
20-40 years |
2.38%-4.75% |
5.00% |
| Machinery and equipment |
Straight-line method |
8-16 years |
5.94％－11.88％ |
5.00% |
| Transport equipment |
Straight-line method |
5 |
19.00％ |
5.00% |
| Others |
Straight-line method |
3-5 years |
19.00％－31.67％ |
5.00% |
Depreciation period of fixed assets after this accounting estimate change:
| Category |
Depreciation method |
Depreciation period |
Annual depreciation rate |
Residual value rate |
|---|
| Houses and buildings (structures) |
Straight-line method |
5-40 years |
2.38％－19％ |
5.00% |
| Machinery and equipment |
Straight-line method |
3-15 years |
6.33％－31.67％ |
5.00% |
| Transport equipment |
Straight-line method |
3-10 years |
9.50％－31.67％ |
5.00% |
| Others |
Straight-line method |
3-5 years |
19.00％－31.67％ |
5.00% |
The effect of this accounting estimate change on the 2020 financial statements is as follows: accumulated depreciation of fixed assets is increased by 7.3198 million Yuan, and operating cost increased by 7.3198 million Yuan.
VII. Remarks on retrospective restatement required due to significant accounting error corrections occurring in the reporting period
□ applicable √ not applicable
The company had no retrospective restatement required due to significant accounting error corrections occurring in the reporting period.
VIII. Remarks on changes in scope of consolidated statements compared with financial report of the previous year
√ applicable □ not applicable
1. The entities added to the consolidated statements of this year include: Zhejiang Yihai Agricultural Development Co., Ltd, Zhejiang Jiuyifeng Agricultural Technology Co., Ltd, Hangzhou Guanglv Farming Co., Ltd, Zhejiang Xindongwan Agricultural Development Co., Ltd, Tianjin Jingwu Breeding Pigs Co., Ltd, Tianjin Qingyang Desheng Breeding Pigs Co., Ltd, Tianjin Shengxi Lianhua Livestock & Poultry Farming Co., Ltd, Tianjin Guotai Farming Co., Ltd, Tianjin Lvdiyuan Organic Fertilizers Co., Ltd, Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd, Yancheng Zhongtai Livestock Co., Ltd, Xiangshan Huatong Animal Husbandry Co., Ltd, Jiangmen Xinliu Farming Co., Ltd, Taiqian New Hope Liuhe Luxin Food Co., Ltd, Shandong Kinghey Food Co., Ltd, Guangzhou Hope Food Co., Ltd, Lijin New Hope Liuhe Farming Co., Ltd, Lijin Zhongxin Duck Farming Co., Ltd, Puyang Hope Food Co., Ltd, Bengbu Hope Food Co., Ltd, Sichuan New Hope Liuhe Xueyu Tianlu Supply Chain Management Co., Ltd, Sichuan New Hope Liuhe Food Co., Ltd, Jiexi New Hope Agricultural Investment Partnership (LP), Sichuan New Hope Agricultural Development Partnership (LP), Yichun New Hope Livestock Industry Development Fund Partnership (LP), Shandong New Hope Agricultural Investment Co., Ltd, Shandong New Hope Agricultural Development Co., Ltd, Shandong New Hope Xinnong Equity Investment Fund Partnership (LP), Huazhou Xinchi Livestock Co., Ltd, Wushan Xinchi Agricultural and Animal Technology Co., Ltd, Guangyuan Xinchi Farming Co., Ltd, Ji’an Xinchi Farming Co., Ltd, Gaoxian Xinchi Farming Co., Ltd, Jiexi New Hope Farming Co., Ltd, Yingtan Xinliu Technology Co., Ltd, Keerqin Zuoyi Middle Banner Xinhao Farming Co., Ltd, Binzhou Zhanhua District Xinliu Farming Technology Co., Ltd, Handan New Hope Liuhe Farming Co., Ltd, Anyue New Hope Liuhe Farming Co., Ltd, Weiyuan Xinliu Farming Technology Co., Ltd, Longhui New Hope Liuhe Farming Co., Ltd, Hainan Xinliu Nongken Farming Technology Co., Ltd, Yichun Xinwang Farming Co., Ltd, Lipu Xinhao Farming Technology Co., Ltd, Liaoning Xinwang Food Co., Ltd, Dongying Xinhao Modern Farming Co., Ltd, Hengyang Xinhao Farming Co., Ltd, Yixian Xinliu Farming Technology Co., Ltd, Changning New Hope Liuhe Eco Farming Technology Co., Ltd, Nanhe Xinhao Farming Technology Co., Ltd, Xinmin Xinwang Farming Co., Ltd, Ruian New Hope Liuhe Farming Co., Ltd, Shanxian Xinhao Farming Co., Ltd, Kaiping Houpu Feeds Co., Ltd, Fujian Datian New Hope Liuhe Farming Co., Ltd, Nanjing Xinmu Farming Co., Ltd, Gulin Xinliu Eco Farming Technology Co., Ltd, Shuyang Xinliu Farming Technology Co., Ltd, Wuyi Xinhao Farming Co., Ltd, Yantai Xinhao Farming Co., Ltd, Binzhou New Hope Xinhao Farming Co., Ltd, Dacheng Xinhao Technology Co., Ltd, Laizhou New Hope Liuhe Farming Co., Ltd, Zhenjiang New Hope Liuhe Farming Co., Ltd, Chongqing Qianjiang District Xinhao Farming Technology Co., Ltd, Yanyuan Xinliu Farming Technology Co., Ltd, Jiangxi New Hope Liuhe Farming Technology Co., Ltd, Suining Xinliu Farming Technology Co., Ltd, Xiajiang Xinliu Farming Co., Ltd, Zhaoxian Xinhao Farming Co., Ltd, Neijiang New Hope Liuhe Farming Technology Co., Ltd, Quyang Xinhao Farming Co., Ltd, Luochuan Xinliu Technology Co., Ltd, Dongguang Xinhao Farming Co., Ltd, Dazhu Xinliu Farming Technology Co., Ltd, Dongming Xinmu Farming Co., Ltd, Leizhou Xinhao Farming Co., Ltd, Jianwei Xinhao Farming Co., Ltd, Changle New Hope Liuhe Farming Co., Ltd, Tianjin Xinliu Farming Technology Co., Ltd, Tianjin New Hope Liuhe Farming Technology Co., Ltd, Quzhou Xinhao Farming Co., Ltd, Panzhou Xinliu Farming Development Co., Ltd, Lezhi Xinmu Farming Co., Ltd, Shangyi Xinliu Farming Technology Co., Ltd, Pingyuan Xinliu Farming Technology Co., Ltd, Pucheng Xinliu Technology Co., Ltd, Mianning Xinliu Farming Technology Co., Ltd, Chongren New Hope Liuhe Farming Co., Ltd, Xiamen Xiashang New Hope Agricultural Development Co., Ltd, Fu’an Xinliu Farming Technology Co., Ltd, Chengdu Xinjin Xinhao Farming Co., Ltd, Anqiu New Hope Liuhe Farming Co., Ltd, Hainan Danzhou Xinliu Farming Technology Co., Ltd, Meishan Xinmu Farming Co., Ltd, Julu Xinliu Farming Technology Co., Ltd, Zhucheng New Hope Liuhe Farming Co., Ltd, Taizhou New Hope Liuhe Farming Co., Ltd, Fuxin Xinwang Livestock Co., Ltd, Langzhong Xinliu Farming Technology Co., Ltd, Guigang Gangnan District Xinliu Farming Technology Co., Ltd, Cangzhou Xinliu Farming Technology Co., Ltd, Shanxian Xinliu Farming Technology Co., Ltd, Yiliang Xinliu Farming Technology Co., Ltd, Longhai New Hope Liuhe Farming Co., Ltd, Guilin Xinhao Farming Technology Co., Ltd, Gongcheng Xinhao Farming Co., Ltd, Pizhou New Hope Liuhe Farming Co., Ltd, Wannian New Hope Liuhe Farming Co., Ltd, Pingchang Xinmu Farming Technology Co., Ltd, Rizhao Xinhao Farming Co., Ltd, Luding Xinyue Farming Technology Co., Ltd, Shixing Xinmu Farming Co., Ltd, Zhenyuan Xinmu Agricultural Development Co., Ltd, Shangcai Xinliu Farming Technology Co., Ltd, Neijiang Xinyue Farming Technology Co., Ltd, Zizhong Xinyue Farming Technology Co., Ltd, Guilin Gongcheng Xinyue Farming Technology Co., Ltd, Yibin Xinyue Farming Technology Co., Ltd, Hengyang Xinyue Farming Technology Co., Ltd, Yishui Xinhao Farming Co., Ltd, Liuzhou Xinhao Farming Technology Co., Ltd, Lianzhou Xinliu Farming Technology Co., Ltd, Lijin Xinliu Farming Technology Co., Ltd Qinhuangdao Xinliu Farming Technology Co., Ltd, Langfang Xinliu Farming Technology Co., Ltd, Leizhou Xinwang Farming Co., Ltd, Shaoyang Xinmu Farming Co., Ltd, Guangyuan Xinyue Farming Technology Co., Ltd, Shiyan Xinyue Farming Technology Co., Ltd, Chenzhou Xinyue Farming Technology Co., Ltd, Nantong Xinmu Farming Co., Ltd, Rongxian Xinmu Farming Co., Ltd, Qinzhou Xinhao Farming Co., Ltd, Binyang Xinhao Farming Co., Ltd, Faku Xinwang Livestock Co., Ltd, Lianjiang Xinwang Farming Co., Ltd, Neijiang Xinyue Farming Technology Co., Ltd, Kaili Xinyue Farming Technology Co., Ltd, Bazhong new Hope Pig Breeding Technology Co., Ltd, Suyang New Hope Liuhe Farming Co., Ltd, Guangzhou New Hope Liuhe Livestock Co., Ltd, Huishui Xinliu Farming Technology Development Co., Ltd, Luzhai Xinliu Farming Technology Co., Ltd, Putian New Hope Zhenxing Livestock Co., Ltd, Leshan Shawan District Xinfu Livestock Co., Ltd, Chongqing Nanshan District Xinliu Farming Technology Co., Ltd, Qianshan Xinyue Farming Technology Co., Ltd, Yunan Xinyue Farming Technology Co., Ltd, Julu Xinhao Farming Co., Ltd, Yongxing Xinliu Farming Technology Co., Ltd, Chaoyang Xinwang Farming Co., Ltd, Youxian Changhao Farming Co., Ltd, Hangzhou New Hope Liuhe Farming Co., Ltd, Wenling New Hope Liuhe Farming Co., Ltd, Dianjiang Xinyue Farming Technology Co., Ltd, Xiaogan Xinyue Farming Technology Co., Ltd, Shaoguan Xinyue Farming Technology Co., Ltd, Jinhu Xinyue Farming Technology Co., Ltd, Suixi Xinyue Farming Technology Co., Ltd, Zhaoyuan Xinmu Breeding Co., Ltd, Sihui Xinhao Breeding Co., Ltd, Tangshan Muzhen Feeds Co., Ltd, Pucheng New Hope Farming Technology Co., Ltd, Xiajin Xinhao Feeds Co., Ltd, Heze Xinhao Feeds Co., Ltd, Baiyin New Hope Liuhe Feeds Co., Ltd, Zaozhuang New Hope Jinke Feeds Co., Ltd, Weixian New Hope Feeds Co., Ltd, Ningbo New Hope Liuhe Feeds Co., Ltd, Tongliao New Hope Feeds Co., Ltd, Hengyang New Hope Agricultural Technology Co., Ltd, Hanzhong New Hope Liuhe Farming Technology Co., Ltd, Quzhou New Hope Liuhe Feeds Co., Ltd, Qingzhou New Hope Feeds Co., Ltd, Sishui New Hope Yuwang Technology Co., Ltd, Yanggu Anputai Biotechnology Co., Ltd, Qingdao New Hope Liuhe Training Base Co., Ltd, Guanling Xinmu Breeding Co., Ltd, Qingdao Yifengda Livestock & Poultry Breeding Co., Ltd, Heishan Qinwang Meat Duck Breeding Co., Ltd, Dezhou Xinying Livestock & Poultry Breeding Co., Ltd, Shouguang Qihang Livestock Co., Ltd, Handan Henong Livestock & Poultry Breeding Co., Ltd, Changyi Leihang Livestock Co., Ltd, Liquan New Hope Liuhe Farming Co., Ltd, Zibo Xinmu Mechanical Technology Co., Ltd, Feixian Fusheng Breeding Co., Ltd, Shandong Xiangsheng Livestock & Poultry Breeding Co., Ltd, Sichuan New Hope Animal Nutrition Technology Co., Ltd, Qingdao Xinmu Zhihe Technology Co. Ltd, Hanshan Xinyue Farming Technology Co., Ltd, Longquan Xinyue Farming Technology Co., Ltd, Xiangyang Xinyue Farming Co., Ltd, Rizhao Qinyijia Eco-agricultural Development Co. Ltd, Ruzhou New Hope Liuhe Feeds Co., Ltd, Gongqingcheng Huahan New Hope Investment Management Partnership (LP) and Changshan New Hope Liuhe Farming Co., Ltd, a total of 200 companies. In this part, Zhejiang Yihai Agricultural Development Co., Ltd, Zhejiang Jiuyifeng Agricultural Technology Co., Ltd, Hangzhou Guanglv Farming Co., Ltd, Zhejiang Xindongwan Agricultural Development Co., Ltd, Tianjin Jingwu Breeding Pigs Co., Ltd, Tianjin Qingyang Desheng Breeding Pigs Co., Ltd, Tianjin Shengxi Lianhua Livestock & Poultry Farming Co., Ltd, Tianjin Guotai Farming Co., Ltd, Tianjin Lvdiyuan Organic Fertilizers Co., Ltd, Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd, Yancheng Zhongtai Livestock Co., Ltd and Xiangshan Huatong Animal Husbandry Co., Ltd were included in the scope of consolidated statements as of the purchase date, while remaining companies were all established by means of investment in 2020 and included in the scope of consolidated statements as of the date of establishment.
2. The entities removed from the consolidated statements this year include Yanchuan Yongxiang Animal Husbandry Development Co., Ltd, Kaiyuan Liuhe Yahui Feeds Co., Ltd, Shanghai Heshi Commerce Co., Ltd, Yangjiang New Hope Liuhe Feeds Co., Ltd, Kitchen Pioneer Management Consulting (Bejing) Co., Ltd, Yishui Xinhe Livestock & Poultry Breeding Co., Ltd, Xianning Xinhao Farming Co., Ltd, Zaoyang Liuhe Feeds Co., Ltd, Shenyang Liuhe Bofeng Feeds Co., Ltd, Liaoyang Liuhe Bofeng Feeds Co., Ltd, Tangshan Liuhe Feeds Co., Ltd, Pingdu Liuhe Hengli Feeds Co., Ltd, Shanghai Yijiuyi International Trade Co., Ltd, Yishui Xinliu Breeding Co., Ltd, New Hope Liuhe Investment Inc. and Dezhou Shangyu Down Products Co., Ltd, a total of 16 companies. Of them, Yanchuan Yongxiang Animal Husbandry Development Co., Ltd, Kaiyuan Liuhe Yahui Feeds Co., Ltd and Shanghai Heshi Commerce Co., Ltd were no longer included in the scope of consolidated statements as of the date of disposal due to disposal of shares in such companies this year, while remaining companies were all deregistered in 2020 and were no longer included in the scope of consolidated statements as of the deregistration date.
IX. Appointment and dismissal of accounting firm
Incumbent accounting firm
| Name of domestic accounting firm |
Sichuan Huaxin (Group) CPA Firm (special general partnership) |
|---|
| Compensation of domestic accounting firm (10,000 Yuan) |
600 |
| Continuous period of audit services provided by domestic accounting firm |
23 |
| Names of certified public accountants of domestic accounting firm |
Li Wulin, Wu Dan, Xiao Li |
| Continuous period of audit services provided by certified public accountants of domestic accounting firm |
Li Wulin 3 years, Wu Dan 2 years, Xiao Li 1 year. |
Whether another accounting firm is appointed instead in the current period
□ yes √ no
Appointment of accounting firm, financial advisor or sponsor for internal control audit
√ applicable □ not applicable
In 2020, the company engaged Sichuan Huaxin (Group) CPA Firm (special general partnership) to audit the internal controls of the company, for which internal control audit fee of 1.50 million Yuan was paid.
X. Delisting faced after disclosure of annual report
□ applicable √ not applicable
XI. Events related to bankruptcy reorganization
□ applicable √ not applicable
The company did not incur any events related to bankruptcy reorganization during the reporting period.
XII. Significant litigations and arbitrations
□ applicable √ not applicable
The company had no significant litigations or arbitrations during the reporting period.
XIII. Penalties and rectifications
□ applicable √ not applicable
The company had no penalties or rectifications during the reporting period.
XIV. Status of integrity of the company and its controlling shareholders and actual controllers
□ applicable √ not applicable
XV. Implementation of equity incentive plans, employee stock ownership plans or other employee incentives of the company
√ applicable □ not applicable
1. The 19th meeting of its 8th board of directors and the 10th meeting of its 8th board of supervisors of the company deliberated and passed the “Proposal regarding the First Exercise Period /Exercise in Unlocked Period/Satisfaction of Conditions for Lifting of Sales Restrictions under 2019 Stock Option and Restricted Stock Incentive Plan”, whereby the conditions for exercise in the first exercise period under the 2019 restricted stock and stock option incentive plan of the company were satisfied and a total of 23 incentive recipients eligible for exercise in the first exercise period were granted 4,095,000 exercisable stock options at an exercise price of 16.47 Yuan/option, which are exercisable at the sole discretion of incentive recipients; the company handled the lifting of restrictions on sale for 877,500 shares of restricted stock held by 23 incentive recipients who met the conditions for the first unlocking period of the 2019 equity incentive plan, with the time of listing and trading being August 20, 2020.
2. The 28th meeting of the 8th board of directors of the company, the 15th meeting of the 8th board of supervisors and the 1st extraordinary general meeting of 2021 deliberated and approved the “Proposal regarding the 2021 Restricted Stock Incentive Plan (Draft) and its Summary” respectively, and the company publicized the list of incentive recipients under the 2021 stock incentive plan inside the company, which was verified by the board of supervisors who made remarks on the publication of the list. The company’s independent directors expressed related independent opinions, and legal firm and other intermediaries also issued reports.
The 34th meeting of the 8th board of directors and the 17th meeting of the 8th board of supervisors of the company deliberated and passed the “Proposal regarding Adjustments to the List of Incentive Recipients and Quantities Granted under the 2021 Restricted Stock Incentive Plan” and the “Proposal regarding First Grant of Restricted Stocks to Incentive Recipients” respectively, whereby given that 5 incentive recipients in the company’s 2021 restricted stock incentive plan voluntarily waived subscription for all restricted stocks to be granted for personal reasons, the number of the first group of grantees under this incentive plan was adjusted from 161 to 156, the quantity of restricted stocks for the first grant was adjusted from 29.63 million shares to 29.34 million shares, and the quantity of reserved restricted stocks was adjusted from 1.724366 million shares to 2.014366 million shares. The first grant date under this incentive plan is March 30, 2021 and 29.34 million shares of restricted stocks were granted to 156 incentive recipients for the first time.
XVI. Significant related-party transactions
1. Related-party transactions related to daily operations
□ applicable √ not applicable
The company did not make any related-party transactions related to daily operations during the reporting period.
2. Related-party transactions incurred by acquisition or sale of assets or equities
□ applicable √ not applicable
The company did not make any related-party transactions of acquisition or sale of assets or equities during the reporting period.
3. Related-party transactions of joint external investment
□ applicable √ not applicable
The company did not make any related-party transactions of joint external investment during the reporting period.
4. Dealings of financial claims and debts with related parties
□ applicable √ not applicable
The company had no dealings of financial claims and debts with related parties during the reporting period.
5. Other significant related-party transactions
□ applicable √ not applicable
The company had no other significant related-party transactions during the reporting period.
XVII. Significant contracts and their performance
1. Trusteeship, contracting and leasing matters
(1) Trusteeship
□ applicable √ not applicable
The company had no trusteeship during the reporting period.
(2) Contracting
□ applicable √ not applicable
The company had no contracting during the reporting period.
(3) Leasing
□ applicable √ not applicable
The company had no leasing during the reporting period.
2. Significant guarantees
√ applicable □ not applicable
(1) Guarantees
Unit: 10,000 Yuan
| External guarantees provided by the company and its subsidiaries (excluding guarantees provided for subsidiaries) |
| Name of guarantee beneficiary |
Date of related announcement and disclosure of guaranteed amount |
Guaranteed amount |
Date actually incurred |
Amount actually guaranteed |
Type of guarantee |
Guarantee period |
Whether performance was completed |
Whether related-party guarantee or not |
| Guarantees provided by the company for its subsidiaries |
|---|
| Name of guarantee beneficiary |
Date of related announcement and disclosure of guaranteed amount |
Guaranteed amount |
Date actually incurred |
Amount actually guaranteed |
Type of guarantee |
Guarantee period |
Whether performance was completed |
Whether related-party guarantee or not |
|---|
| Anyang New Hope Liuhe Feed Co., Ltd |
October 25, 2019 |
9,000 |
April 27, 2020 |
2,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Anyue New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
40,000 |
June 11, 2020 |
5,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Baiyin New Hope Farming Technology Co., Ltd |
April 29, 2020 |
250 |
August 31, 2020 |
250 |
Joint and several liability guarantee |
545 days |
No |
Yes |
| Baiyin New Hope Farming |
April 29, 2020 |
250 |
August 31, 2020 |
250 |
Joint and several |
729 days |
No |
Yes |
| Technology Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Baiyin New Hope Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 31, 2020 |
2,000 |
Joint and several liability guarantee |
910 days |
No |
Yes |
| Baiyin New Hope Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 31, 2020 |
2,000 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Baiyin New Hope Farming Technology Co., Ltd |
April 29, 2020 |
250 |
August 31, 2020 |
250 |
Joint and several liability guarantee |
180 days |
No |
Yes |
| Baiyin New Hope Farming Technology Co., Ltd |
April 29, 2020 |
250 |
August 31, 2020 |
250 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
218.51 |
June 12, 2020 |
125 |
Joint and several liability guarantee |
536 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
218.51 |
June 12, 2020 |
125 |
Joint and several liability guarantee |
718 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
874.05 |
June 12, 2020 |
500 |
Joint and several liability guarantee |
901 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
874.05 |
June 12, 2020 |
500 |
Joint and several liability guarantee |
1083 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
1,529.59 |
June 12, 2020 |
875 |
Joint and several liability guarantee |
1266 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
1,529.59 |
June 12, 2020 |
875 |
Joint and several liability guarantee |
1449 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
551 |
July 13, 2020 |
315.2 |
Joint and several liability guarantee |
1601 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
39.49 |
August 27, 2020 |
22.59 |
Joint and several liability guarantee |
1556 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
833.86 |
September 25, 2020 |
477.01 |
Joint and several liability guarantee |
1527 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
123 |
October 29, 2020 |
70.36 |
Joint and several liability guarantee |
1493 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
43.93 |
November 30, 2020 |
25.13 |
Joint and several |
1461 days |
No |
Yes |
|
|
|
|
|
liability guarantee |
|
|
|
| Beijing Kinghey Food Co., Ltd |
April 29, 2020 |
683.42 |
December 28, 2020 |
390.95 |
Joint and several liability guarantee |
1626 days |
No |
Yes |
| Beijing Kinghey Food Co., Ltd |
October 25, 2019 |
17,481 |
March 4, 2020 |
10,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
3,071.44 |
June 30, 2020 |
1,500 |
Joint and several liability guarantee |
716 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
3,685.71 |
June 30, 2020 |
1,800 |
Joint and several liability guarantee |
899 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
3,685.71 |
June 30, 2020 |
1,800 |
Joint and several liability guarantee |
1081 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
4,300 |
June 30, 2020 |
2,100 |
Joint and several liability guarantee |
1263 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
4,300 |
June 30, 2020 |
2,100 |
Joint and several liability guarantee |
1445 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
409.52 |
June 30, 2020 |
200 |
Joint and several liability guarantee |
1630 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
3,890.48 |
September 24, 2020 |
1,900 |
Joint and several liability guarantee |
1544 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
4,300 |
September 24, 2020 |
2,100 |
Joint and several liability guarantee |
1726 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,047.62 |
September 24, 2020 |
1,000 |
Joint and several liability guarantee |
1909 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,252.38 |
November 2, 2020 |
1,100 |
Joint and several liability guarantee |
1870 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
4,300 |
November 2, 2020 |
2,100 |
Joint and several liability guarantee |
2052 days |
No |
Yes |
| Beijing Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
3,685.71 |
November 2, 2020 |
1,800 |
Joint and several liability guarantee |
2235 days |
No |
Yes |
| Beijing Xinliu Farming |
April 29, 2020 |
3,071.43 |
June 30, 2020 |
1,500 |
Joint and several |
534 days |
No |
Yes |
| Technology Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
1,320 |
May 19, 2020 |
1,320 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
1,320 |
May 19, 2020 |
1,320 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
1,320 |
May 19, 2020 |
1,320 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
1,320 |
May 19, 2020 |
1,320 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
880 |
May 19, 2020 |
880 |
Joint and several liability guarantee |
2190 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
880 |
May 19, 2020 |
880 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
880 |
May 19, 2020 |
880 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
144 |
September 14, 2020 |
144 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
144 |
September 14, 2020 |
144 |
Joint and several liability guarantee |
971 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
144 |
September 14, 2020 |
144 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
144 |
September 14, 2020 |
144 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
96 |
September 14, 2020 |
96 |
Joint and several liability guarantee |
2190 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
96 |
September 14, 2020 |
96 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
96 |
September 14, 2020 |
96 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Bijie Xinliu Farming Co., |
April 29, 2020 |
120 |
October 21, 2020 |
120 |
Joint and several |
729 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
120 |
October 21, 2020 |
120 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
120 |
October 21, 2020 |
120 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
120 |
October 21, 2020 |
120 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
80 |
October 21, 2020 |
80 |
Joint and several liability guarantee |
2190 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
80 |
October 21, 2020 |
80 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
80 |
October 21, 2020 |
80 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
880 |
May 19, 2020 |
880 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
96 |
September 14, 2020 |
96 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Bijie Xinliu Farming Co., Ltd |
April 29, 2020 |
80 |
October 21, 2020 |
80 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
October 25, 2019 |
876.8 |
April 28, 2020 |
876.8 |
Joint and several liability guarantee |
722 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
October 25, 2019 |
1,753.6 |
April 28, 2020 |
1,753.6 |
Joint and several liability guarantee |
905 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
October 25, 2019 |
2,630.4 |
April 28, 2020 |
2,630.4 |
Joint and several liability guarantee |
1087 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
October 25, 2019 |
3,507.2 |
April 28, 2020 |
3,507.2 |
Joint and several liability guarantee |
1270 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
October 25, 2019 |
4,384 |
April 28, 2020 |
4,384 |
Joint and several liability guarantee |
1453 days |
No |
Yes |
| Caoxian Xinhao Farming Co., |
October 25, 2019 |
4,384 |
April 28, 2020 |
4,384 |
Joint and several |
1636 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Caoxian Xinhao Farming Co., Ltd |
October 25, 2019 |
4,384 |
April 28, 2020 |
4,384 |
Joint and several liability guarantee |
1817 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
96.92 |
May 25, 2020 |
96.92 |
Joint and several liability guarantee |
695 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
193.84 |
May 25, 2020 |
193.84 |
Joint and several liability guarantee |
878 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
290.76 |
May 25, 2020 |
290.76 |
Joint and several liability guarantee |
1060 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
387.68 |
May 25, 2020 |
387.68 |
Joint and several liability guarantee |
1243 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
484.59 |
May 25, 2020 |
484.59 |
Joint and several liability guarantee |
1426 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
484.59 |
May 25, 2020 |
484.59 |
Joint and several liability guarantee |
1609 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
484.59 |
May 25, 2020 |
484.59 |
Joint and several liability guarantee |
1790 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
26 |
September 28, 2020 |
26 |
Joint and several liability guarantee |
569 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
53 |
September 28, 2020 |
53 |
Joint and several liability guarantee |
752 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
79 |
September 28, 2020 |
79 |
Joint and several liability guarantee |
934 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
105 |
September 28, 2020 |
105 |
Joint and several liability guarantee |
1117 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
131 |
September 28, 2020 |
131 |
Joint and several liability guarantee |
1300 days |
No |
Yes |
| Caoxian Xinhao Farming Co., Ltd |
April 29, 2020 |
131 |
September 28, 2020 |
131 |
Joint and several liability guarantee |
1483 days |
No |
Yes |
| Caoxian Xinhao Farming Co., |
April 29, 2020 |
132.03 |
September 28, 2020 |
132.03 |
Joint and several |
1664 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
100.5 |
June 19, 2020 |
100 |
Joint and several liability guarantee |
731 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
301.51 |
June 19, 2020 |
300 |
Joint and several liability guarantee |
914 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
3,517.59 |
June 19, 2020 |
3,500 |
Joint and several liability guarantee |
1092 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
100.5 |
June 11, 2020 |
100 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
301.51 |
June 11, 2020 |
300 |
Joint and several liability guarantee |
913 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
3,517.59 |
June 11, 2020 |
3,500 |
Joint and several liability guarantee |
1091 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
50.25 |
July 17, 2020 |
50 |
Joint and several liability guarantee |
703 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
150.75 |
July 17, 2020 |
150 |
Joint and several liability guarantee |
886 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
1,758.79 |
July 17, 2020 |
1,750 |
Joint and several liability guarantee |
1068 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
30.15 |
June 19, 2020 |
30 |
Joint and several liability guarantee |
366 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
50.25 |
June 19, 2020 |
50 |
Joint and several liability guarantee |
549 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
30.15 |
June 11, 2020 |
30 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
50.25 |
June 11, 2020 |
50 |
Joint and several liability guarantee |
548 days |
No |
Yes |
| Changyi Xinhao Livestock Co., Ltd |
April 29, 2020 |
15.08 |
July 17, 2020 |
15 |
Joint and several liability guarantee |
338 days |
No |
Yes |
| Changyi Xinhao Livestock Co., |
April 29, 2020 |
25.13 |
July 17, 2020 |
25 |
Joint and several |
521 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
833.31 |
May 22, 2020 |
800 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,041.67 |
May 22, 2020 |
1,000 |
Joint and several liability guarantee |
821 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,041.67 |
May 22, 2020 |
1,000 |
Joint and several liability guarantee |
913 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,041.67 |
May 22, 2020 |
1,000 |
Joint and several liability guarantee |
1005 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,041.67 |
May 22, 2020 |
1,000 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,041.67 |
May 22, 2020 |
1,000 |
Joint and several liability guarantee |
1186 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,041.67 |
May 22, 2020 |
1,000 |
Joint and several liability guarantee |
1278 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,041.67 |
May 22, 2020 |
1,000 |
Joint and several liability guarantee |
1370 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,041.67 |
May 22, 2020 |
1,000 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,666.67 |
May 22, 2020 |
1,600 |
Joint and several liability guarantee |
1552 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
1,666.67 |
May 22, 2020 |
1,600 |
Joint and several liability guarantee |
1644 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
2,083.33 |
May 22, 2020 |
2,000 |
Joint and several liability guarantee |
1736 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
2,083.33 |
May 22, 2020 |
2,000 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
625 |
May 22, 2020 |
600 |
Joint and several liability guarantee |
275 days |
No |
Yes |
| Dong’e New Hope Liuhe |
April 29, 2020 |
625 |
May 22, 2020 |
600 |
Joint and several |
364 days |
No |
Yes |
| Swine Breeding Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
625 |
May 22, 2020 |
600 |
Joint and several liability guarantee |
456 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
833.33 |
May 22, 2020 |
800 |
Joint and several liability guarantee |
640 days |
No |
Yes |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
625 |
May 22, 2020 |
600 |
Joint and several liability guarantee |
548 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.21 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
548 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
913 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
1278 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
1644 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
October 25, 2019 |
5,478.26 |
April 27, 2020 |
3,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
183 days |
No |
Yes |
| Donghai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,652.17 |
August 18, 2020 |
2,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Dongying Xinhao Modern |
April 29, 2020 |
62.5 |
December 1, 2020 |
62.5 |
Joint and several |
497 days |
No |
Yes |
| Farming Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 1, 2020 |
62.5 |
Joint and several liability guarantee |
680 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 1, 2020 |
62.5 |
Joint and several liability guarantee |
862 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 1, 2020 |
62.5 |
Joint and several liability guarantee |
1045 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 1, 2020 |
62.5 |
Joint and several liability guarantee |
1228 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 1, 2020 |
62.5 |
Joint and several liability guarantee |
1417 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 1, 2020 |
62.5 |
Joint and several liability guarantee |
1623 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 1, 2020 |
62.5 |
Joint and several liability guarantee |
1782 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 29, 2020 |
62.5 |
Joint and several liability guarantee |
469 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 29, 2020 |
62.5 |
Joint and several liability guarantee |
652 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 29, 2020 |
62.5 |
Joint and several liability guarantee |
834 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 29, 2020 |
62.5 |
Joint and several liability guarantee |
1017 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 29, 2020 |
62.5 |
Joint and several liability guarantee |
1200 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 29, 2020 |
62.5 |
Joint and several liability guarantee |
1389 days |
No |
Yes |
| Dongying Xinhao Modern Farming Co., Ltd |
April 29, 2020 |
62.5 |
December 29, 2020 |
62.5 |
Joint and several liability guarantee |
1595 days |
No |
Yes |
| Dongying Xinhao Modern |
April 29, 2020 |
62.5 |
December 29, 2020 |
62.5 |
Joint and several |
1754 days |
No |
Yes |
| Farming Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.01 |
November 12, 2020 |
200 |
Joint and several liability guarantee |
554 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
November 12, 2020 |
200 |
Joint and several liability guarantee |
738 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
331.33 |
November 12, 2020 |
250 |
Joint and several liability guarantee |
919 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
331.33 |
November 12, 2020 |
250 |
Joint and several liability guarantee |
1103 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
331.33 |
November 12, 2020 |
250 |
Joint and several liability guarantee |
1285 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
331.33 |
November 12, 2020 |
250 |
Joint and several liability guarantee |
1469 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
463.86 |
November 12, 2020 |
350 |
Joint and several liability guarantee |
1650 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
463.86 |
November 12, 2020 |
350 |
Joint and several liability guarantee |
1834 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
463.86 |
November 12, 2020 |
350 |
Joint and several liability guarantee |
2015 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
463.86 |
November 12, 2020 |
350 |
Joint and several liability guarantee |
2199 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
556.63 |
November 12, 2020 |
420 |
Joint and several liability guarantee |
2380 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
556.63 |
November 12, 2020 |
420 |
Joint and several liability guarantee |
2564 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
556.63 |
November 12, 2020 |
420 |
Joint and several liability guarantee |
2746 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
556.63 |
November 12, 2020 |
420 |
Joint and several liability guarantee |
2930 days |
No |
Yes |
| Fuping Xinliu Farming |
April 29, 2020 |
556.63 |
November 12, 2020 |
420 |
Joint and several |
3111 days |
No |
Yes |
| Technology Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
505 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
689 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
870 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
1054 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
1236 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
1420 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
1601 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
1785 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
1966 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
2150 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
2331 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
2515 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
2697 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
2881 days |
No |
Yes |
| Fuping Xinliu Farming |
April 29, 2020 |
397.59 |
December 31, 2020 |
300 |
Joint and several |
3062 days |
No |
Yes |
| Technology Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
132.53 |
November 12, 2020 |
100 |
Joint and several liability guarantee |
373 days |
No |
Yes |
| Fuping Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
265.06 |
December 31, 2020 |
200 |
Joint and several liability guarantee |
324 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
2,000 |
June 29, 2020 |
375 |
Joint and several liability guarantee |
721 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
904 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
1086 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
1269 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
1452 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
1635 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
1817 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
2000 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
2182 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
2,000 |
June 29, 2020 |
375 |
Joint and several liability guarantee |
2365 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,999.09 |
June 29, 2020 |
374.83 |
Joint and several liability guarantee |
2547 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
2,000 |
July 1, 2020 |
375 |
Joint and several liability guarantee |
719 days |
No |
Yes |
| Gansu New Hope Liuhe |
April 29, 2020 |
4,000 |
July 1, 2020 |
750 |
Joint and several |
902 days |
No |
Yes |
| Farming Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1084 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1267 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1450 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1633 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1815 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1998 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,000 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
2180 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
2,000 |
July 1, 2020 |
375 |
Joint and several liability guarantee |
2363 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,999.09 |
July 1, 2020 |
374.83 |
Joint and several liability guarantee |
2545 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
2,000.91 |
June 29, 2020 |
375.17 |
Joint and several liability guarantee |
539 days |
No |
Yes |
| Gansu New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
2,000.91 |
July 1, 2020 |
375.17 |
Joint and several liability guarantee |
537 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,990.04 |
July 8, 2020 |
773.28 |
Joint and several liability guarantee |
713 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
4,228.84 |
July 8, 2020 |
1,643.22 |
Joint and several liability guarantee |
896 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
4,228.84 |
July 8, 2020 |
1,643.22 |
Joint and several liability guarantee |
1078 days |
No |
Yes |
| Gaotang Xinhao Farming Co., |
April 29, 2020 |
4,228.84 |
July 8, 2020 |
1,643.22 |
Joint and several |
1261 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
4,228.84 |
July 8, 2020 |
1,643.22 |
Joint and several liability guarantee |
1444 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,492.53 |
July 8, 2020 |
579.96 |
Joint and several liability guarantee |
1627 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,492.53 |
July 8, 2020 |
579.96 |
Joint and several liability guarantee |
1809 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
497.51 |
July 8, 2020 |
193.32 |
Joint and several liability guarantee |
1992 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
497.51 |
July 8, 2020 |
193.32 |
Joint and several liability guarantee |
2190 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
657.12 |
August 13, 2020 |
255.34 |
Joint and several liability guarantee |
677 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
657.12 |
August 13, 2020 |
255.34 |
Joint and several liability guarantee |
860 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
657.12 |
August 13, 2020 |
255.34 |
Joint and several liability guarantee |
1042 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
657.12 |
August 13, 2020 |
255.34 |
Joint and several liability guarantee |
1225 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
657.12 |
August 13, 2020 |
255.34 |
Joint and several liability guarantee |
1408 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
657.12 |
August 13, 2020 |
255.34 |
Joint and several liability guarantee |
1591 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
657.12 |
August 13, 2020 |
255.34 |
Joint and several liability guarantee |
1773 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
657.12 |
August 13, 2020 |
255.34 |
Joint and several liability guarantee |
1956 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,608.44 |
August 31, 2020 |
625 |
Joint and several liability guarantee |
659 days |
No |
Yes |
| Gaotang Xinhao Farming Co., |
April 29, 2020 |
1,608.44 |
August 31, 2020 |
625 |
Joint and several |
842 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,608.44 |
August 31, 2020 |
625 |
Joint and several liability guarantee |
1024 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,608.44 |
August 31, 2020 |
625 |
Joint and several liability guarantee |
1207 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,608.44 |
August 31, 2020 |
625 |
Joint and several liability guarantee |
1390 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,608.44 |
August 31, 2020 |
625 |
Joint and several liability guarantee |
1573 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,608.44 |
August 31, 2020 |
625 |
Joint and several liability guarantee |
1755 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,608.44 |
August 31, 2020 |
625 |
Joint and several liability guarantee |
1938 days |
No |
Yes |
| Gaotang Xinhao Farming Co., Ltd |
April 29, 2020 |
1,990.04 |
July 8, 2020 |
773.28 |
Joint and several liability guarantee |
531 days |
No |
Yes |
| Gushi Liuhe Co., Ltd |
April 29, 2020 |
9,000 |
April 30, 2020 |
2,600 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
523.63 |
October 29, 2020 |
240 |
Joint and several liability guarantee |
564 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
2,356.36 |
October 29, 2020 |
1,080 |
Joint and several liability guarantee |
748 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
2,509.09 |
October 29, 2020 |
1,150 |
Joint and several liability guarantee |
929 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
2,563.64 |
October 29, 2020 |
1,175 |
Joint and several liability guarantee |
1113 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
2,563.64 |
October 29, 2020 |
1,175 |
Joint and several liability guarantee |
1295 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
2,356.36 |
October 29, 2020 |
1,080 |
Joint and several liability guarantee |
1479 days |
No |
Yes |
| Guanling Xinmu Breeding Co., |
April 29, 2020 |
2,509.09 |
October 29, 2020 |
1,150 |
Joint and several |
1660 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
2,563.64 |
October 29, 2020 |
1,175 |
Joint and several liability guarantee |
1844 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
2,563.64 |
October 29, 2020 |
1,175 |
Joint and several liability guarantee |
2025 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
2,967.27 |
October 29, 2020 |
1,360 |
Joint and several liability guarantee |
2209 days |
No |
Yes |
| Guanling Xinmu Breeding Co., Ltd |
April 29, 2020 |
523.64 |
October 29, 2020 |
240 |
Joint and several liability guarantee |
366 days |
No |
Yes |
| Guangxi New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
50,000 |
August 14, 2020 |
2,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
2,070 |
June 30, 2020 |
300 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
3,105 |
June 30, 2020 |
450 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
3,105 |
June 30, 2020 |
450 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
3,105 |
June 30, 2020 |
450 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
3,105 |
June 30, 2020 |
450 |
Joint and several liability guarantee |
2190 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
2,070 |
June 30, 2020 |
300 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
2,070 |
June 30, 2020 |
300 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development |
April 29, 2020 |
2,070 |
June 30, 2020 |
300 |
Joint and several liability guarantee |
3286 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
|
|
|
|
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
3,450 |
July 1, 2020 |
500 |
Joint and several liability guarantee |
728 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
5,175 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1093 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
5,175 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1459 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
5,175 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
1824 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
5,175 |
July 1, 2020 |
750 |
Joint and several liability guarantee |
2189 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
3,450 |
July 1, 2020 |
500 |
Joint and several liability guarantee |
2554 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
3,450 |
July 1, 2020 |
500 |
Joint and several liability guarantee |
2920 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
3,450 |
July 1, 2020 |
500 |
Joint and several liability guarantee |
3285 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
1,380 |
July 14, 2020 |
200 |
Joint and several liability guarantee |
715 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
2,070 |
July 14, 2020 |
300 |
Joint and several liability guarantee |
1080 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
2,070 |
July 14, 2020 |
300 |
Joint and several liability guarantee |
1446 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
2,070 |
July 14, 2020 |
300 |
Joint and several liability guarantee |
1811 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
2,070 |
July 14, 2020 |
300 |
Joint and several liability guarantee |
2176 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
1,380 |
July 14, 2020 |
200 |
Joint and several liability guarantee |
2541 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
1,380 |
July 14, 2020 |
200 |
Joint and several liability guarantee |
2907 days |
No |
Yes |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
April 29, 2020 |
1,380 |
July 14, 2020 |
200 |
Joint and several liability guarantee |
3272 days |
No |
Yes |
| Guangzhou Liuhe Feed Co., Ltd |
October 25, 2019 |
20,000 |
February 21, 2020 |
6,000 |
Joint and several liability guarantee |
366 days |
No |
Yes |
| Hainan Dengmai New Hope Farming Co., Ltd |
April 29, 2020 |
459.19 |
October 23, 2020 |
250 |
Joint and several liability guarantee |
605 days |
No |
Yes |
| Hainan Dengmai New Hope Farming Co., Ltd |
April 29, 2020 |
459.18 |
October 23, 2020 |
250 |
Joint and several liability guarantee |
788 days |
No |
Yes |
| Hainan Dengmai New Hope Farming Co., Ltd |
April 29, 2020 |
1,836.73 |
October 28, 2020 |
1,000 |
Joint and several liability guarantee |
965 days |
No |
Yes |
| Hainan Dengmai New Hope Farming Co., Ltd |
April 29, 2020 |
5,510.2 |
October 30, 2020 |
3,000 |
Joint and several liability guarantee |
1087 days |
No |
Yes |
| Hainan Dengmai New Hope Farming Co., Ltd |
April 29, 2020 |
367.35 |
October 23, 2020 |
200 |
Joint and several liability guarantee |
240 days |
No |
Yes |
| Hainan Dengmai New Hope Farming Co., Ltd |
April 29, 2020 |
367.35 |
October 23, 2020 |
200 |
Joint and several liability guarantee |
423 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
1,764.69 |
March 27, 2020 |
1,000 |
Joint and several liability guarantee |
784 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
1,764.71 |
March 27, 2020 |
1,000 |
Joint and several liability guarantee |
968 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
1,764.71 |
March 27, 2020 |
1,000 |
Joint and several liability guarantee |
1149 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
1,764.71 |
March 27, 2020 |
1,000 |
Joint and several liability guarantee |
1333 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
1,764.71 |
March 27, 2020 |
1,000 |
Joint and several liability guarantee |
1515 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
1,764.71 |
March 27, 2020 |
1,000 |
Joint and several liability guarantee |
1699 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
1,764.71 |
March 27, 2020 |
1,000 |
Joint and several liability guarantee |
1880 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
882.35 |
March 27, 2020 |
500 |
Joint and several liability guarantee |
2064 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
882.35 |
March 27, 2020 |
500 |
Joint and several liability guarantee |
366 days |
No |
Yes |
| Hainan Lingao Xinliu Breeding Co., Ltd |
October 25, 2019 |
882.35 |
March 27, 2020 |
500 |
Joint and several liability guarantee |
603 days |
No |
Yes |
| Hebei Kingley Meat Industry Co., Ltd |
October 25, 2019 |
30,000 |
April 1, 2020 |
15,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.92 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
720 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
903 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
1085 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
1268 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
1451 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
1634 days |
No |
Yes |
| Ltd |
|
|
|
|
|
|
|
|
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
1816 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
1999 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
2181 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
2364 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
979.88 |
June 30, 2020 |
795 |
Joint and several liability guarantee |
2546 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
610.12 |
June 30, 2020 |
495 |
Joint and several liability guarantee |
2546 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
395.65 |
June 30, 2020 |
321 |
Joint and several liability guarantee |
2913 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
913 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
1278 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
1461 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
1644 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
1826 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
2009 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
2191 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
2374 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
2556 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
236.65 |
June 30, 2020 |
192 |
Joint and several liability guarantee |
2556 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
149.14 |
June 30, 2020 |
121 |
Joint and several liability guarantee |
2922 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
689 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
872 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
1054 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
1237 days |
No |
Yes |
| Hebei Xinhao |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and |
1420 days |
No |
Yes |
| Fucheng Agricultural Technology Co., Ltd |
|
|
|
|
several liability guarantee |
|
|
|
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
1603 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
1785 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
1968 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
2150 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
2333 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
2515 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
379.63 |
July 31, 2020 |
308 |
Joint and several liability guarantee |
2698 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
220.63 |
July 31, 2020 |
179 |
Joint and several liability guarantee |
2882 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
686 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
869 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
1051 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability |
1234 days |
No |
Yes |
| Technology Co., Ltd |
|
|
|
|
guarantee |
|
|
|
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
1417 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
1600 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
1782 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
1965 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
2147 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
2330 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
2512 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
375.93 |
August 3, 2020 |
305 |
Joint and several liability guarantee |
2695 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
228.02 |
August 3, 2020 |
185 |
Joint and several liability guarantee |
2879 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
513.98 |
June 30, 2020 |
417 |
Joint and several liability guarantee |
355 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
513.98 |
June 30, 2020 |
417 |
Joint and several liability guarantee |
538 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., |
April 29, 2020 |
141.74 |
June 30, 2020 |
115 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Ltd |
|
|
|
|
|
|
|
|
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
141.74 |
June 30, 2020 |
115 |
Joint and several liability guarantee |
548 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
228.02 |
July 31, 2020 |
185 |
Joint and several liability guarantee |
324 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
228.02 |
July 31, 2020 |
185 |
Joint and several liability guarantee |
507 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
221.86 |
August 3, 2020 |
180 |
Joint and several liability guarantee |
321 days |
No |
Yes |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
April 29, 2020 |
221.86 |
August 3, 2020 |
180 |
Joint and several liability guarantee |
504 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
2,142.85 |
April 15, 2020 |
1,500 |
Joint and several liability guarantee |
728 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
3,214.29 |
April 15, 2020 |
2,250 |
Joint and several liability guarantee |
1093 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
3,214.29 |
April 15, 2020 |
2,250 |
Joint and several liability guarantee |
1459 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
3,214.29 |
April 15, 2020 |
2,250 |
Joint and several liability guarantee |
1824 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
3,214.29 |
April 15, 2020 |
2,250 |
Joint and several liability guarantee |
2189 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
1,607.14 |
April 15, 2020 |
1,125 |
Joint and several liability guarantee |
2554 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
1,607.14 |
April 15, 2020 |
1,125 |
Joint and several liability guarantee |
2920 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
1,607.14 |
April 15, 2020 |
1,125 |
Joint and several liability guarantee |
3285 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
1,607.14 |
April 15, 2020 |
1,125 |
Joint and several liability |
3650 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
71.43 |
April 24, 2020 |
50 |
Joint and several liability guarantee |
667 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
357.14 |
April 24, 2020 |
250 |
Joint and several liability guarantee |
719 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
71.43 |
April 24, 2020 |
50 |
Joint and several liability guarantee |
1032 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
571.43 |
April 24, 2020 |
400 |
Joint and several liability guarantee |
1084 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
71.43 |
April 24, 2020 |
50 |
Joint and several liability guarantee |
1397 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
571.43 |
April 24, 2020 |
400 |
Joint and several liability guarantee |
1450 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
321.43 |
April 24, 2020 |
225 |
Joint and several liability guarantee |
1763 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
321.43 |
April 24, 2020 |
225 |
Joint and several liability guarantee |
1815 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
321.43 |
April 24, 2020 |
225 |
Joint and several liability guarantee |
2128 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
321.43 |
April 24, 2020 |
225 |
Joint and several liability guarantee |
2180 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
160.71 |
April 24, 2020 |
112.5 |
Joint and several liability guarantee |
2493 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
160.71 |
April 24, 2020 |
112.5 |
Joint and several liability guarantee |
2545 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
160.71 |
April 24, 2020 |
112.5 |
Joint and several liability guarantee |
2858 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
160.71 |
April 24, 2020 |
112.5 |
Joint and several liability guarantee |
2911 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
160.71 |
April 24, 2020 |
112.5 |
Joint and several liability |
3224 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
160.71 |
April 24, 2020 |
112.5 |
Joint and several liability guarantee |
3276 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
October 25, 2019 |
321.43 |
April 24, 2020 |
225 |
Joint and several liability guarantee |
3641 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
500 |
July 21, 2020 |
350 |
Joint and several liability guarantee |
631 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
750 |
July 21, 2020 |
525 |
Joint and several liability guarantee |
996 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
750 |
July 21, 2020 |
525 |
Joint and several liability guarantee |
1362 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
750 |
July 21, 2020 |
525 |
Joint and several liability guarantee |
1727 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
750 |
July 21, 2020 |
525 |
Joint and several liability guarantee |
2092 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 21, 2020 |
262.5 |
Joint and several liability guarantee |
2457 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 21, 2020 |
262.5 |
Joint and several liability guarantee |
2823 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 21, 2020 |
262.5 |
Joint and several liability guarantee |
3188 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 21, 2020 |
262.5 |
Joint and several liability guarantee |
3553 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
71.43 |
July 23, 2020 |
50 |
Joint and several liability guarantee |
577 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
428.57 |
July 23, 2020 |
300 |
Joint and several liability guarantee |
629 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
71.43 |
July 23, 2020 |
50 |
Joint and several liability guarantee |
942 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
678.57 |
July 23, 2020 |
475 |
Joint and several liability |
994 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
71.43 |
July 23, 2020 |
50 |
Joint and several liability guarantee |
1307 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
678.57 |
July 23, 2020 |
475 |
Joint and several liability guarantee |
1360 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 23, 2020 |
262.5 |
Joint and several liability guarantee |
1673 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 23, 2020 |
262.5 |
Joint and several liability guarantee |
1725 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 23, 2020 |
262.5 |
Joint and several liability guarantee |
2038 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 23, 2020 |
262.5 |
Joint and several liability guarantee |
2090 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
July 23, 2020 |
131.25 |
Joint and several liability guarantee |
2403 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
July 23, 2020 |
131.25 |
Joint and several liability guarantee |
2455 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
July 23, 2020 |
131.25 |
Joint and several liability guarantee |
2768 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
July 23, 2020 |
131.25 |
Joint and several liability guarantee |
2821 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
July 23, 2020 |
131.25 |
Joint and several liability guarantee |
3134 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
July 23, 2020 |
131.25 |
Joint and several liability guarantee |
3186 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
July 23, 2020 |
262.5 |
Joint and several liability guarantee |
3551 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
928.57 |
September 18, 2020 |
650 |
Joint and several liability guarantee |
572 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,392.86 |
September 18, 2020 |
975 |
Joint and several liability |
937 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,392.86 |
September 18, 2020 |
975 |
Joint and several liability guarantee |
1303 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,392.86 |
September 18, 2020 |
975 |
Joint and several liability guarantee |
1668 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,392.86 |
September 18, 2020 |
975 |
Joint and several liability guarantee |
2033 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
696.43 |
September 18, 2020 |
487.5 |
Joint and several liability guarantee |
2398 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
696.43 |
September 18, 2020 |
487.5 |
Joint and several liability guarantee |
2764 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
696.43 |
September 18, 2020 |
487.5 |
Joint and several liability guarantee |
3129 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
696.43 |
September 18, 2020 |
487.5 |
Joint and several liability guarantee |
3494 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
71.43 |
October 9, 2020 |
50 |
Joint and several liability guarantee |
499 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
428.57 |
October 9, 2020 |
300 |
Joint and several liability guarantee |
551 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
71.43 |
October 9, 2020 |
50 |
Joint and several liability guarantee |
864 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
678.57 |
October 9, 2020 |
475 |
Joint and several liability guarantee |
916 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
71.43 |
October 9, 2020 |
50 |
Joint and several liability guarantee |
1229 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
678.57 |
October 9, 2020 |
475 |
Joint and several liability guarantee |
1282 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
October 9, 2020 |
262.5 |
Joint and several liability guarantee |
1595 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
October 9, 2020 |
262.5 |
Joint and several liability |
1647 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
October 9, 2020 |
262.5 |
Joint and several liability guarantee |
1960 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
375 |
October 9, 2020 |
262.5 |
Joint and several liability guarantee |
2012 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
October 9, 2020 |
131.25 |
Joint and several liability guarantee |
2325 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
October 9, 2020 |
131.25 |
Joint and several liability guarantee |
2377 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
October 9, 2020 |
131.25 |
Joint and several liability guarantee |
2690 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
October 9, 2020 |
131.25 |
Joint and several liability guarantee |
2743 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
October 9, 2020 |
131.25 |
Joint and several liability guarantee |
3056 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
October 9, 2020 |
131.25 |
Joint and several liability guarantee |
3108 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
October 9, 2020 |
131.25 |
Joint and several liability guarantee |
3421 days |
No |
Yes |
| Hezhou Xinhao Farming Co., Ltd |
April 29, 2020 |
187.5 |
October 9, 2020 |
131.25 |
Joint and several liability guarantee |
3473 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
328.61 |
May 19, 2020 |
200 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
492.86 |
May 19, 2020 |
300 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
492.86 |
May 19, 2020 |
300 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
492.86 |
May 19, 2020 |
300 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
492.86 |
May 19, 2020 |
300 |
Joint and several liability |
2190 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
328.57 |
May 19, 2020 |
200 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
328.57 |
May 19, 2020 |
200 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
328.57 |
May 19, 2020 |
200 |
Joint and several liability guarantee |
3286 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
985.71 |
May 21, 2020 |
600 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
1,478.57 |
May 21, 2020 |
900 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
1,478.57 |
May 21, 2020 |
900 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
1,478.57 |
May 21, 2020 |
900 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
1,478.57 |
May 21, 2020 |
900 |
Joint and several liability guarantee |
2190 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
985.71 |
May 21, 2020 |
600 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
985.71 |
May 21, 2020 |
600 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
985.71 |
May 21, 2020 |
600 |
Joint and several liability guarantee |
3286 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
985.71 |
November 6, 2020 |
600 |
Joint and several liability guarantee |
558 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
1,478.57 |
November 6, 2020 |
900 |
Joint and several liability guarantee |
923 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
1,478.57 |
November 6, 2020 |
900 |
Joint and several liability guarantee |
1289 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
1,478.57 |
November 6, 2020 |
900 |
Joint and several liability |
1654 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
1,478.57 |
November 6, 2020 |
900 |
Joint and several liability guarantee |
2019 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
985.71 |
November 6, 2020 |
600 |
Joint and several liability guarantee |
2384 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
985.71 |
November 6, 2020 |
600 |
Joint and several liability guarantee |
2750 days |
No |
Yes |
| Hengnan Muyun Eco-agriculture Co., Ltd |
April 29, 2020 |
985.71 |
November 6, 2020 |
600 |
Joint and several liability guarantee |
3115 days |
No |
Yes |
| Hengyang Xinhao Farming Co., Ltd |
April 29, 2020 |
7,200 |
November 2, 2020 |
1,044 |
Joint and several liability guarantee |
544 days |
No |
Yes |
| Hengyang Xinhao Farming Co., Ltd |
April 29, 2020 |
7,200 |
November 2, 2020 |
1,044 |
Joint and several liability guarantee |
727 days |
No |
Yes |
| Hengyang Xinhao Farming Co., Ltd |
April 29, 2020 |
6,000 |
November 2, 2020 |
870 |
Joint and several liability guarantee |
909 days |
No |
Yes |
| Hengyang Xinhao Farming Co., Ltd |
April 29, 2020 |
6,000 |
November 2, 2020 |
870 |
Joint and several liability guarantee |
1092 days |
No |
Yes |
| Hengyang Xinhao Farming Co., Ltd |
April 29, 2020 |
5,400 |
November 2, 2020 |
783 |
Joint and several liability guarantee |
1275 days |
No |
Yes |
| Hengyang Xinhao Farming Co., Ltd |
April 29, 2020 |
5,400 |
November 2, 2020 |
783 |
Joint and several liability guarantee |
1458 days |
No |
Yes |
| Hengyang Xinhao Farming Co., Ltd |
April 29, 2020 |
5,400 |
November 2, 2020 |
783 |
Joint and several liability guarantee |
1640 days |
No |
Yes |
| Hengyang Xinhao Farming Co., Ltd |
April 29, 2020 |
5,400 |
November 2, 2020 |
783 |
Joint and several liability guarantee |
1821 days |
No |
Yes |
| Hubei Tuanfeng New Hope Feed Co., Ltd |
October 25, 2019 |
1,000 |
March 17, 2020 |
1,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Hubei Tuanfeng New Hope Feed Co., Ltd |
October 25, 2019 |
2,000 |
March 19, 2020 |
2,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
823.06 |
May 28, 2020 |
453.92 |
Joint and several liability |
542 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
181.2 |
September 25, 2020 |
99.93 |
Joint and several liability guarantee |
422 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
823.07 |
May 28, 2020 |
453.92 |
Joint and several liability guarantee |
723 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
907 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
1088 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
1272 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
1454 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
1638 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
1819 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
2003 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
2184 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
2368 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
2,314.87 |
May 28, 2020 |
1,276.65 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
181.2 |
September 25, 2020 |
99.93 |
Joint and several liability guarantee |
603 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
787 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability |
968 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
1152 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
1334 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
1518 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
1699 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
1883 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
2064 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
2248 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
509.65 |
September 25, 2020 |
281.07 |
Joint and several liability guarantee |
2435 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
5,974.63 |
October 9, 2020 |
3,295 |
Joint and several liability guarantee |
713 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
8,961.94 |
October 9, 2020 |
4,942.5 |
Joint and several liability guarantee |
1078 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
8,961.94 |
October 9, 2020 |
4,942.5 |
Joint and several liability guarantee |
1444 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
8,961.94 |
October 9, 2020 |
4,942.5 |
Joint and several liability guarantee |
1809 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
8,961.94 |
October 9, 2020 |
4,942.5 |
Joint and several liability guarantee |
2174 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
8,961.94 |
October 9, 2020 |
4,942.5 |
Joint and several liability guarantee |
2539 days |
No |
Yes |
| Hubei Xinhao Farming Co., Ltd |
April 29, 2020 |
8,961.94 |
October 9, 2020 |
4,942.5 |
Joint and several liability |
2905 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Huanggang New Hope Feed Technology Co., Ltd |
October 25, 2019 |
1,875 |
March 16, 2020 |
1,500 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Huanggang New Hope Feed Technology Co., Ltd |
October 25, 2019 |
3,125 |
March 24, 2020 |
2,500 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Huanghua Xinhao Technology Co., Ltd |
October 25, 2019 |
39,500 |
January 2, 2020 |
16,000 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
2,976.37 |
June 24, 2020 |
2,100 |
Joint and several liability guarantee |
695 days |
No |
Yes |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
4,960.63 |
June 24, 2020 |
3,500 |
Joint and several liability guarantee |
879 days |
No |
Yes |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
4,960.63 |
June 24, 2020 |
3,500 |
Joint and several liability guarantee |
1060 days |
No |
Yes |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
992.13 |
June 24, 2020 |
700 |
Joint and several liability guarantee |
1244 days |
No |
Yes |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
141.73 |
June 24, 2020 |
100 |
Joint and several liability guarantee |
1447 days |
No |
Yes |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
992.13 |
June 24, 2020 |
700 |
Joint and several liability guarantee |
330 days |
No |
Yes |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
April 29, 2020 |
2,976.38 |
June 24, 2020 |
2,100 |
Joint and several liability guarantee |
514 days |
No |
Yes |
| Jiangmen Liuhe Feed Co., Ltd |
October 25, 2019 |
14,378.15 |
February 20, 2020 |
10,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Jiangxi New Hope Farming Technology Co., Ltd |
April 29, 2020 |
10,000 |
June 23, 2020 |
2,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Jiangyou New Hope Hypor Swine Breeding Co., Ltd |
April 29, 2020 |
2,000 |
June 29, 2020 |
1,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Jinzhou New Hope Feed Co., Ltd |
October 25, 2019 |
685.72 |
March 15, 2020 |
600 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Jinzhou New Hope Feed Co., Ltd |
October 25, 2019 |
2,628.57 |
March 20, 2020 |
2,300 |
Joint and several liability |
364 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Jinzhou New Hope Feed Co., Ltd |
October 25, 2019 |
685.71 |
April 13, 2020 |
600 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.72 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
620 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
804 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
985 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
1169 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
1351 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
1535 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
1716 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
1900 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
2081 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
2265 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
2446 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
923.6 |
July 9, 2020 |
686.1 |
Joint and several liability guarantee |
2539 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
1,171.15 |
August 7, 2020 |
870 |
Joint and several liability guarantee |
591 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
1,642.31 |
August 7, 2020 |
1,220 |
Joint and several liability |
775 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
1,642.31 |
August 7, 2020 |
1,220 |
Joint and several liability guarantee |
956 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
2,349.04 |
August 7, 2020 |
1,745 |
Joint and several liability guarantee |
1140 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
2,349.04 |
August 7, 2020 |
1,745 |
Joint and several liability guarantee |
1322 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
2,349.04 |
August 7, 2020 |
1,745 |
Joint and several liability guarantee |
1506 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
2,349.04 |
August 7, 2020 |
1,745 |
Joint and several liability guarantee |
1687 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
2,349.04 |
August 7, 2020 |
1,745 |
Joint and several liability guarantee |
1871 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
2,349.04 |
August 7, 2020 |
1,745 |
Joint and several liability guarantee |
2052 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
2,349.04 |
August 7, 2020 |
1,745 |
Joint and several liability guarantee |
2236 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
August 7, 2020 |
5 |
Joint and several liability guarantee |
2417 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
1,418.71 |
August 7, 2020 |
1,053.9 |
Joint and several liability guarantee |
2510 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
67.31 |
August 12, 2020 |
50 |
Joint and several liability guarantee |
586 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
67.31 |
August 12, 2020 |
50 |
Joint and several liability guarantee |
770 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
67.31 |
August 12, 2020 |
50 |
Joint and several liability guarantee |
951 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
94.23 |
August 12, 2020 |
70 |
Joint and several liability guarantee |
1135 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
94.23 |
August 12, 2020 |
70 |
Joint and several liability |
1317 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
134.62 |
August 12, 2020 |
100 |
Joint and several liability guarantee |
1501 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
134.62 |
August 12, 2020 |
100 |
Joint and several liability guarantee |
1682 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
148.08 |
August 12, 2020 |
110 |
Joint and several liability guarantee |
1866 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
148.08 |
August 12, 2020 |
110 |
Joint and several liability guarantee |
2047 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
148.08 |
August 12, 2020 |
110 |
Joint and several liability guarantee |
2231 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
94.23 |
August 12, 2020 |
70 |
Joint and several liability guarantee |
2412 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
95.48 |
August 12, 2020 |
70.93 |
Joint and several liability guarantee |
2505 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
1,110.58 |
August 21, 2020 |
825 |
Joint and several liability guarantee |
577 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
639.42 |
August 21, 2020 |
475 |
Joint and several liability guarantee |
761 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
1,649.04 |
August 21, 2020 |
1,225 |
Joint and several liability guarantee |
942 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
915.38 |
August 21, 2020 |
680 |
Joint and several liability guarantee |
1126 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
915.38 |
August 21, 2020 |
680 |
Joint and several liability guarantee |
1308 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
875 |
August 21, 2020 |
650 |
Joint and several liability guarantee |
1492 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
471.15 |
August 21, 2020 |
350 |
Joint and several liability guarantee |
1673 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
188.46 |
August 21, 2020 |
140 |
Joint and several liability |
1857 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
188.46 |
August 21, 2020 |
140 |
Joint and several liability guarantee |
2038 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
52.5 |
August 21, 2020 |
39 |
Joint and several liability guarantee |
2222 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
8.08 |
August 21, 2020 |
6 |
Joint and several liability guarantee |
2403 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
5.48 |
August 21, 2020 |
4.07 |
Joint and several liability guarantee |
2496 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
6.73 |
July 9, 2020 |
5 |
Joint and several liability guarantee |
439 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
1,171.15 |
August 7, 2020 |
870 |
Joint and several liability guarantee |
410 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
67.31 |
August 12, 2020 |
50 |
Joint and several liability guarantee |
405 days |
No |
Yes |
| Juye Xinhao Farming Co., Ltd |
April 29, 2020 |
2,120.19 |
August 21, 2020 |
1,575 |
Joint and several liability guarantee |
396 days |
No |
Yes |
| Kunming New Hope Animal Nutritious Food Co., Ltd |
April 29, 2020 |
7,000 |
November 2, 2020 |
7,000 |
Joint and several liability guarantee |
360 days |
No |
Yes |
| Kunming New Hope Agricultural Technology Co., Ltd |
April 29, 2020 |
2,000 |
September 21, 2020 |
2,000 |
Joint and several liability guarantee |
361 days |
No |
Yes |
| Laibin Xinhao Farming Co., Ltd |
October 25, 2019 |
45,000 |
April 21, 2020 |
10,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.33 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
795 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
978 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
1160 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several |
1343 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
1526 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
1709 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
1891 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
2074 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
2256 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
2439 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
2621 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
2804 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
2987 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
3170 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
3352 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
3535 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
24,038.33 |
April 17, 2020 |
4,141.6 |
Joint and several liability guarantee |
3644 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
770 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several |
953 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
1135 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
1318 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
1501 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
1684 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
1866 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
2049 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
2231 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
2414 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
2596 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
2779 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
2962 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
3145 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
3327 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
3510 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
14,859.7 |
May 12, 2020 |
2,560.2 |
Joint and several |
3619 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
912 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
1277 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
1643 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
2008 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
2190 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
2373 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
2738 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
3104 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several |
3286 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
3469 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
573.04 |
June 22, 2020 |
98.73 |
Joint and several liability guarantee |
3578 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
723 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
906 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
1088 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
1271 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
1454 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
1637 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
1819 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
2002 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
2184 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
2367 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
2549 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
2732 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several |
2915 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
3098 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
3280 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
3463 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
16,314.91 |
June 28, 2020 |
2,810.92 |
Joint and several liability guarantee |
3572 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
720 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
903 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
1085 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
1268 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
1451 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
1634 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
1816 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
1999 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
2181 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
2364 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several |
2546 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
2729 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
2912 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
3095 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
3277 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
3460 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
8,983.67 |
July 1, 2020 |
1,547.81 |
Joint and several liability guarantee |
3569 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
686 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
869 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
1051 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
1234 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
1417 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
1600 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
1782 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
1965 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several |
2147 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
2330 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
2512 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
2695 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
2878 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
3061 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
3243 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
3426 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
39,983.98 |
August 4, 2020 |
6,888.9 |
Joint and several liability guarantee |
3535 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
5,860.71 |
August 27, 2020 |
1,009.75 |
Joint and several liability guarantee |
662 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
5,860.71 |
August 27, 2020 |
1,009.75 |
Joint and several liability guarantee |
845 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
5,860.71 |
August 27, 2020 |
1,009.75 |
Joint and several liability guarantee |
1027 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
5,860.71 |
August 27, 2020 |
1,009.75 |
Joint and several liability guarantee |
1210 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
5,860.71 |
August 27, 2020 |
1,009.75 |
Joint and several liability guarantee |
1393 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
5,860.71 |
August 27, 2020 |
1,009.75 |
Joint and several liability guarantee |
1576 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
5,860.71 |
August 27, 2020 |
1,009.75 |
Joint and several |
1758 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
658 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
841 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
1023 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
1206 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
1389 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
1572 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
1754 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
1937 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
2119 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
2302 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
2484 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
2667 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
2850 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
3033 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several |
3215 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
3398 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
2,660.14 |
September 1, 2020 |
458.32 |
Joint and several liability guarantee |
3507 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
644 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
827 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
1009 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
1192 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
1375 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
1558 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
1740 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
1923 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
2105 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
2288 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
2470 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
2653 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several |
2836 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
3019 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
3201 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
3384 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
7,814.02 |
September 15, 2020 |
1,346.29 |
Joint and several liability guarantee |
3493 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
608 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
791 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
973 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
1156 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
1339 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
1522 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
1704 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
1887 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
2069 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
2252 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several |
2434 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
2617 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
2800 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
2983 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
3165 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
3348 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,916.17 |
October 20, 2020 |
330.14 |
Joint and several liability guarantee |
3458 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,179.4 |
October 28, 2020 |
203.2 |
Joint and several liability guarantee |
547 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,179.4 |
October 28, 2020 |
203.2 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,179.4 |
October 28, 2020 |
203.2 |
Joint and several liability guarantee |
912 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,179.4 |
October 28, 2020 |
203.2 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,179.4 |
October 28, 2020 |
203.2 |
Joint and several liability guarantee |
1278 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,179.4 |
October 28, 2020 |
203.2 |
Joint and several liability guarantee |
1461 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,179.4 |
October 28, 2020 |
203.2 |
Joint and several liability guarantee |
1643 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
5,896.87 |
October 28, 2020 |
1,015.98 |
Joint and several liability guarantee |
1826 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
269.83 |
November 10, 2020 |
46.49 |
Joint and several |
534 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
269.83 |
November 10, 2020 |
46.49 |
Joint and several liability guarantee |
717 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
269.83 |
November 10, 2020 |
46.49 |
Joint and several liability guarantee |
899 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
269.83 |
November 10, 2020 |
46.49 |
Joint and several liability guarantee |
1082 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
269.83 |
November 10, 2020 |
46.49 |
Joint and several liability guarantee |
1265 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
269.83 |
November 10, 2020 |
46.49 |
Joint and several liability guarantee |
1448 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
269.83 |
November 10, 2020 |
46.49 |
Joint and several liability guarantee |
1630 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,349.23 |
November 10, 2020 |
232.46 |
Joint and several liability guarantee |
1813 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
547.1 |
November 25, 2020 |
94.26 |
Joint and several liability guarantee |
519 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
547.1 |
November 25, 2020 |
94.26 |
Joint and several liability guarantee |
702 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
547.1 |
November 25, 2020 |
94.26 |
Joint and several liability guarantee |
884 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
547.1 |
November 25, 2020 |
94.26 |
Joint and several liability guarantee |
1067 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
547.1 |
November 25, 2020 |
94.26 |
Joint and several liability guarantee |
1250 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
547.1 |
November 25, 2020 |
94.26 |
Joint and several liability guarantee |
1433 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
547.1 |
November 25, 2020 |
94.26 |
Joint and several liability guarantee |
1615 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
2,735.48 |
November 25, 2020 |
471.3 |
Joint and several |
1798 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
430 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
203.14 |
April 17, 2020 |
35 |
Joint and several liability guarantee |
613 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
405 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
145.1 |
May 12, 2020 |
25 |
Joint and several liability guarantee |
588 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 22, 2020 |
5 |
Joint and several liability guarantee |
547 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
358 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
June 28, 2020 |
5 |
Joint and several liability guarantee |
541 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
355 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
July 1, 2020 |
15 |
Joint and several liability guarantee |
538 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
321 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
87.06 |
August 4, 2020 |
15 |
Joint and several liability guarantee |
504 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
5,860.71 |
August 27, 2020 |
1,009.75 |
Joint and several liability guarantee |
480 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several liability guarantee |
293 days |
No |
Yes |
| Laixi New Hope Liuhe Farming |
April 29, 2020 |
29.02 |
September 1, 2020 |
5 |
Joint and several |
476 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
279 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
September 15, 2020 |
5 |
Joint and several liability guarantee |
462 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
243 days |
No |
Yes |
| Laixi New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
29.02 |
October 20, 2020 |
5 |
Joint and several liability guarantee |
426 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
200 |
November 18, 2020 |
200 |
Joint and several liability guarantee |
548 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
200 |
November 18, 2020 |
200 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
500 |
November 18, 2020 |
500 |
Joint and several liability guarantee |
912 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
1,500 |
November 18, 2020 |
1,500 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
1,000 |
November 18, 2020 |
1,000 |
Joint and several liability guarantee |
1279 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
1,500 |
November 18, 2020 |
1,500 |
Joint and several liability guarantee |
1463 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
500 |
November 18, 2020 |
500 |
Joint and several liability guarantee |
1644 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
1,500 |
November 18, 2020 |
1,500 |
Joint and several liability guarantee |
1813 days |
No |
Yes |
| Laiyang Xinmu Breeding Co., Ltd |
April 29, 2020 |
100 |
November 18, 2020 |
100 |
Joint and several liability guarantee |
372 days |
No |
Yes |
| Laiyang Xinhao Livestock Co., Ltd |
April 29, 2020 |
1,020.41 |
April 30, 2020 |
1,000 |
Joint and several liability guarantee |
750 days |
No |
Yes |
| Laiyang Xinhao Livestock Co., |
April 29, 2020 |
2,040.82 |
April 30, 2020 |
2,000 |
Joint and several |
932 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Laiyang Xinhao Livestock Co., Ltd |
April 29, 2020 |
3,571.43 |
April 30, 2020 |
3,500 |
Joint and several liability guarantee |
1114 days |
No |
Yes |
| Laiyang Xinhao Livestock Co., Ltd |
April 29, 2020 |
5,102.04 |
April 30, 2020 |
5,000 |
Joint and several liability guarantee |
1296 days |
No |
Yes |
| Laiyang Xinhao Livestock Co., Ltd |
April 29, 2020 |
6,122.45 |
April 30, 2020 |
6,000 |
Joint and several liability guarantee |
1481 days |
No |
Yes |
| Laiyang Xinhao Livestock Co., Ltd |
April 29, 2020 |
204.08 |
April 30, 2020 |
200 |
Joint and several liability guarantee |
1665 days |
No |
Yes |
| Laiyang Xinhao Livestock Co., Ltd |
April 29, 2020 |
1,530.61 |
April 30, 2020 |
1,500 |
Joint and several liability guarantee |
1814 days |
No |
Yes |
| Laiyang Xinhao Livestock Co., Ltd |
April 29, 2020 |
204.08 |
April 30, 2020 |
200 |
Joint and several liability guarantee |
385 days |
No |
Yes |
| Laiyang Xinhao Livestock Co., Ltd |
April 29, 2020 |
204.08 |
April 30, 2020 |
200 |
Joint and several liability guarantee |
568 days |
No |
Yes |
| Liquan New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,559.27 |
September 29, 2020 |
1,000 |
Joint and several liability guarantee |
598 days |
No |
Yes |
| Liquan New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,559.27 |
September 29, 2020 |
1,000 |
Joint and several liability guarantee |
782 days |
No |
Yes |
| Liquan New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
8,206.69 |
September 29, 2020 |
1,800 |
Joint and several liability guarantee |
963 days |
No |
Yes |
| Liquan New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
3,556.23 |
September 29, 2020 |
780 |
Joint and several liability guarantee |
1147 days |
No |
Yes |
| Liquan New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,559.27 |
September 29, 2020 |
1,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Liquan New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
4,559.27 |
September 29, 2020 |
1,000 |
Joint and several liability guarantee |
417 days |
No |
Yes |
| Liaoning Kingley Food Co., Ltd |
April 29, 2020 |
15,000 |
October 16, 2020 |
5,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Liaoning Xinwang |
October 25, 2019 |
456.01 |
March 27, 2020 |
300 |
Joint and several |
815 days |
No |
Yes |
| Techonlogy Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
362.79 |
March 27, 2020 |
238.67 |
Joint and several liability guarantee |
998 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
3,040.12 |
March 27, 2020 |
2,000 |
Joint and several liability guarantee |
1180 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
1,905.21 |
March 27, 2020 |
1,253.38 |
Joint and several liability guarantee |
1363 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,424.85 |
March 27, 2020 |
4,226.71 |
Joint and several liability guarantee |
1546 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,080.24 |
March 27, 2020 |
4,000 |
Joint and several liability guarantee |
1729 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,731.24 |
March 27, 2020 |
4,428.27 |
Joint and several liability guarantee |
1911 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,080.24 |
March 27, 2020 |
4,000 |
Joint and several liability guarantee |
2094 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,933.07 |
March 27, 2020 |
4,561.05 |
Joint and several liability guarantee |
2276 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,080.24 |
March 27, 2020 |
4,000 |
Joint and several liability guarantee |
2459 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,949.01 |
March 27, 2020 |
4,571.54 |
Joint and several liability guarantee |
2641 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,080.24 |
March 27, 2020 |
4,000 |
Joint and several liability guarantee |
2824 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
7,236.31 |
March 27, 2020 |
4,760.54 |
Joint and several liability guarantee |
3007 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
6,080.24 |
March 27, 2020 |
4,000 |
Joint and several liability guarantee |
3190 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
1,520.06 |
March 27, 2020 |
1,000 |
Joint and several liability guarantee |
3372 days |
No |
Yes |
| Liaoning Xinwang |
October 25, 2019 |
1,520.06 |
March 27, 2020 |
1,000 |
Joint and several |
3555 days |
No |
Yes |
| Techonlogy Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
1,216.05 |
March 27, 2020 |
800 |
Joint and several liability guarantee |
3652 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
152.01 |
March 27, 2020 |
100 |
Joint and several liability guarantee |
450 days |
No |
Yes |
| Liaoning Xinwang Techonlogy Co., Ltd |
October 25, 2019 |
152.01 |
March 27, 2020 |
100 |
Joint and several liability guarantee |
633 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
73.94 |
December 12, 2019 |
50.83 |
Joint and several liability guarantee |
916 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
73.93 |
December 12, 2019 |
50.83 |
Joint and several liability guarantee |
1099 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
73.93 |
December 12, 2019 |
50.83 |
Joint and several liability guarantee |
1281 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
73.93 |
December 12, 2019 |
50.83 |
Joint and several liability guarantee |
1464 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
73.93 |
December 12, 2019 |
50.83 |
Joint and several liability guarantee |
1647 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
73.93 |
December 12, 2019 |
50.83 |
Joint and several liability guarantee |
1807 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
727.23 |
December 20, 2019 |
500 |
Joint and several liability guarantee |
908 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
727.23 |
December 20, 2019 |
500 |
Joint and several liability guarantee |
1091 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
727.23 |
December 20, 2019 |
500 |
Joint and several liability guarantee |
1273 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
727.23 |
December 20, 2019 |
500 |
Joint and several liability guarantee |
1456 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
727.23 |
December 20, 2019 |
500 |
Joint and several liability guarantee |
1639 days |
No |
Yes |
| Liaocheng Xinhao Farming |
October 25, 2019 |
727.23 |
December 20, 2019 |
500 |
Joint and several |
1801 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
January 3, 2020 |
300 |
Joint and several liability guarantee |
894 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
January 3, 2020 |
300 |
Joint and several liability guarantee |
1077 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
January 3, 2020 |
300 |
Joint and several liability guarantee |
1259 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
January 3, 2020 |
300 |
Joint and several liability guarantee |
1442 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
January 3, 2020 |
300 |
Joint and several liability guarantee |
1625 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
January 3, 2020 |
300 |
Joint and several liability guarantee |
1787 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
February 20, 2020 |
300 |
Joint and several liability guarantee |
846 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
February 20, 2020 |
300 |
Joint and several liability guarantee |
1029 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
February 20, 2020 |
300 |
Joint and several liability guarantee |
1211 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
February 20, 2020 |
300 |
Joint and several liability guarantee |
1394 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
February 20, 2020 |
300 |
Joint and several liability guarantee |
1577 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
February 20, 2020 |
300 |
Joint and several liability guarantee |
1739 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,018.12 |
May 28, 2020 |
700 |
Joint and several liability guarantee |
748 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,018.12 |
May 28, 2020 |
700 |
Joint and several liability guarantee |
931 days |
No |
Yes |
| Liaocheng Xinhao Farming |
April 29, 2020 |
1,018.12 |
May 28, 2020 |
700 |
Joint and several |
1113 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,018.12 |
May 28, 2020 |
700 |
Joint and several liability guarantee |
1296 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,018.12 |
May 28, 2020 |
700 |
Joint and several liability guarantee |
1479 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,018.12 |
May 28, 2020 |
700 |
Joint and several liability guarantee |
1641 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
808.03 |
August 31, 2020 |
555.55 |
Joint and several liability guarantee |
653 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
808.03 |
August 31, 2020 |
555.55 |
Joint and several liability guarantee |
836 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
808.03 |
August 31, 2020 |
555.55 |
Joint and several liability guarantee |
1018 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
808.03 |
August 31, 2020 |
555.55 |
Joint and several liability guarantee |
1201 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
808.03 |
August 31, 2020 |
555.55 |
Joint and several liability guarantee |
1384 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
808.1 |
August 31, 2020 |
555.6 |
Joint and several liability guarantee |
1546 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
73.93 |
December 12, 2019 |
50.83 |
Joint and several liability guarantee |
551 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
73.93 |
December 12, 2019 |
50.83 |
Joint and several liability guarantee |
734 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
727.23 |
December 20, 2019 |
500 |
Joint and several liability guarantee |
543 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
727.23 |
December 20, 2019 |
500 |
Joint and several liability guarantee |
726 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
January 3, 2020 |
300 |
Joint and several liability guarantee |
529 days |
No |
Yes |
| Liaocheng Xinhao Farming |
October 25, 2019 |
436.34 |
January 3, 2020 |
300 |
Joint and several |
712 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
February 20, 2020 |
300 |
Joint and several liability guarantee |
481 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
October 25, 2019 |
436.34 |
February 20, 2020 |
300 |
Joint and several liability guarantee |
664 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,018.12 |
May 28, 2020 |
700 |
Joint and several liability guarantee |
383 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,018.12 |
May 28, 2020 |
700 |
Joint and several liability guarantee |
566 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
808.03 |
August 31, 2020 |
555.55 |
Joint and several liability guarantee |
288 days |
No |
Yes |
| Liaocheng Xinhao Farming Co., Ltd |
April 29, 2020 |
808.03 |
August 31, 2020 |
555.55 |
Joint and several liability guarantee |
471 days |
No |
Yes |
| Liuzhou Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,800 |
October 27, 2020 |
400 |
Joint and several liability guarantee |
713 days |
No |
Yes |
| Liuzhou Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,700 |
October 27, 2020 |
600 |
Joint and several liability guarantee |
1078 days |
No |
Yes |
| Liuzhou Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,700 |
October 27, 2020 |
600 |
Joint and several liability guarantee |
1444 days |
No |
Yes |
| Liuzhou Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,700 |
October 27, 2020 |
600 |
Joint and several liability guarantee |
1809 days |
No |
Yes |
| Liuzhou Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,700 |
October 27, 2020 |
600 |
Joint and several liability guarantee |
2174 days |
No |
Yes |
| Liuzhou Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,700 |
October 27, 2020 |
600 |
Joint and several liability guarantee |
2539 days |
No |
Yes |
| Liuzhou Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,700 |
October 27, 2020 |
600 |
Joint and several liability guarantee |
2905 days |
No |
Yes |
| Liuhe Feed (Huaian) Co., Ltd |
April 29, 2020 |
1,875 |
December 3, 2020 |
1,500 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Liuhe Feed (Huaian) Co., |
April 29, 2020 |
3,125 |
June 18, 2020 |
2,500 |
Joint and several |
350 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Longhai New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
300 |
December 23, 2020 |
300 |
Joint and several liability guarantee |
1824 days |
No |
Yes |
| Longhui New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
9,288 |
November 6, 2020 |
1,290 |
Joint and several liability guarantee |
744 days |
No |
Yes |
| Longhui New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
8,712 |
November 6, 2020 |
1,210 |
Joint and several liability guarantee |
379 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
825 |
September 22, 2020 |
825 |
Joint and several liability guarantee |
546 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
825 |
September 22, 2020 |
825 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
471.43 |
September 22, 2020 |
471.43 |
Joint and several liability guarantee |
911 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
471.43 |
September 22, 2020 |
471.43 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
471.43 |
September 22, 2020 |
471.43 |
Joint and several liability guarantee |
1277 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
471.43 |
September 22, 2020 |
471.43 |
Joint and several liability guarantee |
1461 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
471.43 |
September 22, 2020 |
471.43 |
Joint and several liability guarantee |
1642 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
471.43 |
September 22, 2020 |
471.43 |
Joint and several liability guarantee |
1826 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
625 |
November 2, 2020 |
625 |
Joint and several liability guarantee |
515 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
625 |
November 2, 2020 |
625 |
Joint and several liability guarantee |
698 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
625 |
November 2, 2020 |
625 |
Joint and several liability guarantee |
880 days |
No |
Yes |
| Nanjing Xinmu Farming Co., |
April 29, 2020 |
625 |
November 2, 2020 |
625 |
Joint and several |
1063 days |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
625 |
November 2, 2020 |
625 |
Joint and several liability guarantee |
1246 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
625 |
November 2, 2020 |
625 |
Joint and several liability guarantee |
1429 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
625 |
November 2, 2020 |
625 |
Joint and several liability guarantee |
1611 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
625 |
November 2, 2020 |
625 |
Joint and several liability guarantee |
1744 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
1,060.71 |
September 22, 2020 |
1,060.71 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Nanjing Xinmu Farming Co., Ltd |
April 29, 2020 |
1,060.71 |
September 22, 2020 |
1,060.71 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Nanning Wuming District Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
14,583.33 |
June 16, 2020 |
5,000 |
Joint and several liability guarantee |
346 days |
No |
Yes |
| Nanning Wuming District Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
20,416.67 |
September 28, 2020 |
7,000 |
Joint and several liability guarantee |
242 days |
No |
Yes |
| Nanning Xinliu Farming Technology Co., Ltd |
October 25, 2019 |
4,800 |
April 14, 2020 |
3,000 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Nanning Xinliu Farming Technology Co., Ltd |
October 25, 2019 |
320 |
April 14, 2020 |
200 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Nanning Xinliu Farming Technology Co., Ltd |
October 25, 2019 |
4,480 |
April 14, 2020 |
2,800 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Nanning Xinliu Farming Technology Co., Ltd |
October 25, 2019 |
3,520 |
April 14, 2020 |
2,200 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Nanning Xinliu Farming Technology Co., Ltd |
October 25, 2019 |
1,280 |
April 14, 2020 |
800 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Nanning Xinliu Farming Technology Co., Ltd |
October 25, 2019 |
2,400 |
April 14, 2020 |
1,500 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Nanning Xinliu Farming Technology Co., Ltd |
October 25, 2019 |
3,200 |
April 14, 2020 |
2,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Nanning New Hope Farming Technology Co., Ltd |
April 29, 2020 |
13,333.33 |
May 22, 2020 |
5,000 |
Joint and several liability guarantee |
362 days |
No |
Yes |
| Nanning New Hope Farming Technology Co., Ltd |
April 29, 2020 |
26,666.67 |
June 23, 2020 |
10,000 |
Joint and several liability guarantee |
330 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
547.83 |
July 20, 2020 |
420 |
Joint and several liability guarantee |
549 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
608.69 |
July 20, 2020 |
466.66 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
608.69 |
July 20, 2020 |
466.66 |
Joint and several liability guarantee |
914 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
608.69 |
July 20, 2020 |
466.66 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
608.69 |
July 20, 2020 |
466.66 |
Joint and several liability guarantee |
1461 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,217.4 |
July 20, 2020 |
933.34 |
Joint and several liability guarantee |
1645 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,217.4 |
July 20, 2020 |
933.34 |
Joint and several liability guarantee |
1826 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,217.4 |
July 20, 2020 |
933.34 |
Joint and several liability guarantee |
2010 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,217.4 |
July 20, 2020 |
933.34 |
Joint and several liability guarantee |
2191 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,217.4 |
July 20, 2020 |
933.34 |
Joint and several liability guarantee |
2375 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,217.4 |
July 20, 2020 |
933.34 |
Joint and several liability guarantee |
2556 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,826.09 |
July 20, 2020 |
1,400 |
Joint and several liability guarantee |
2740 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,826.09 |
July 20, 2020 |
1,400 |
Joint and several liability guarantee |
2922 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,826.09 |
July 20, 2020 |
1,400 |
Joint and several liability guarantee |
3106 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,826.09 |
July 20, 2020 |
1,400 |
Joint and several liability guarantee |
3286 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
352.17 |
October 1, 2020 |
270 |
Joint and several liability guarantee |
476 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
391.3 |
October 1, 2020 |
300 |
Joint and several liability guarantee |
657 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
391.3 |
October 1, 2020 |
300 |
Joint and several liability guarantee |
841 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
391.3 |
October 1, 2020 |
300 |
Joint and several liability guarantee |
1022 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
391.3 |
October 1, 2020 |
300 |
Joint and several liability guarantee |
1206 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
391.3 |
October 1, 2020 |
300 |
Joint and several liability guarantee |
1388 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
782.61 |
October 1, 2020 |
600 |
Joint and several liability guarantee |
1572 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
782.61 |
October 1, 2020 |
600 |
Joint and several liability guarantee |
1753 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
782.61 |
October 1, 2020 |
600 |
Joint and several liability guarantee |
1937 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
782.61 |
October 1, 2020 |
600 |
Joint and several liability guarantee |
2118 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
782.61 |
October 1, 2020 |
600 |
Joint and several liability guarantee |
2302 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
782.61 |
October 1, 2020 |
600 |
Joint and several liability guarantee |
2483 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,173.91 |
October 1, 2020 |
900 |
Joint and several liability guarantee |
2667 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,173.91 |
October 1, 2020 |
900 |
Joint and several liability guarantee |
2849 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,173.91 |
October 1, 2020 |
900 |
Joint and several liability guarantee |
3033 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,173.91 |
October 1, 2020 |
900 |
Joint and several liability guarantee |
3213 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
60.86 |
July 20, 2020 |
46.66 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
608.69 |
July 20, 2020 |
466.66 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Neiqiu Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
39.13 |
October 1, 2020 |
30 |
Joint and several liability guarantee |
292 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
857.36 |
July 3, 2020 |
575 |
Joint and several liability guarantee |
549 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
857.46 |
July 3, 2020 |
575 |
Joint and several liability guarantee |
549 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
857.46 |
July 3, 2020 |
575 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
857.46 |
July 3, 2020 |
575 |
Joint and several liability guarantee |
914 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
857.46 |
July 3, 2020 |
575 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
857.46 |
July 3, 2020 |
575 |
Joint and several liability guarantee |
1279 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
857.46 |
July 3, 2020 |
575 |
Joint and several liability guarantee |
1461 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
857.46 |
July 3, 2020 |
575 |
Joint and several liability guarantee |
1645 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
August 28, 2020 |
250 |
Joint and several liability guarantee |
493 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
August 28, 2020 |
250 |
Joint and several liability guarantee |
674 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
August 28, 2020 |
250 |
Joint and several liability guarantee |
858 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
August 28, 2020 |
250 |
Joint and several liability guarantee |
1039 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
August 28, 2020 |
250 |
Joint and several liability guarantee |
1223 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
August 28, 2020 |
250 |
Joint and several liability guarantee |
1405 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
August 28, 2020 |
250 |
Joint and several liability guarantee |
1589 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
August 28, 2020 |
250 |
Joint and several liability guarantee |
1770 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
October 15, 2020 |
250 |
Joint and several liability guarantee |
445 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
October 15, 2020 |
250 |
Joint and several liability guarantee |
626 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
October 15, 2020 |
250 |
Joint and several liability guarantee |
810 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
October 15, 2020 |
250 |
Joint and several liability guarantee |
991 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
October 15, 2020 |
250 |
Joint and several liability guarantee |
1175 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
October 15, 2020 |
250 |
Joint and several liability guarantee |
1357 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
October 15, 2020 |
250 |
Joint and several liability guarantee |
1541 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
October 15, 2020 |
250 |
Joint and several liability guarantee |
1722 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
November 25, 2020 |
250 |
Joint and several liability guarantee |
404 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
November 25, 2020 |
250 |
Joint and several liability guarantee |
585 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
November 25, 2020 |
250 |
Joint and several liability guarantee |
769 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
November 25, 2020 |
250 |
Joint and several liability guarantee |
950 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
November 25, 2020 |
250 |
Joint and several liability guarantee |
1134 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
November 25, 2020 |
250 |
Joint and several liability guarantee |
1316 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
November 25, 2020 |
250 |
Joint and several liability guarantee |
1500 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
372.81 |
November 25, 2020 |
250 |
Joint and several liability guarantee |
1681 days |
No |
Yes |
| Ningbo New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,192.98 |
November 25, 2020 |
800 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
3,428.57 |
April 14, 2020 |
2,000 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
5,142.86 |
April 14, 2020 |
3,000 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
5,142.86 |
April 14, 2020 |
3,000 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
5,142.86 |
April 14, 2020 |
3,000 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
5,142.86 |
April 14, 2020 |
3,000 |
Joint and several liability guarantee |
2190 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
2,571.43 |
April 14, 2020 |
1,500 |
Joint and several liability guarantee |
2555 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
2,571.43 |
April 14, 2020 |
1,500 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
2,571.43 |
April 14, 2020 |
1,500 |
Joint and several liability guarantee |
3286 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
October 25, 2019 |
2,571.43 |
April 14, 2020 |
1,500 |
Joint and several liability guarantee |
3651 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
857.14 |
June 12, 2020 |
500 |
Joint and several liability guarantee |
670 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,285.71 |
June 12, 2020 |
750 |
Joint and several liability guarantee |
1035 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,285.71 |
June 12, 2020 |
750 |
Joint and several liability guarantee |
1401 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,285.71 |
June 12, 2020 |
750 |
Joint and several liability guarantee |
1766 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,285.71 |
June 12, 2020 |
750 |
Joint and several liability guarantee |
2131 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
642.86 |
June 12, 2020 |
375 |
Joint and several liability guarantee |
2496 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
642.86 |
June 12, 2020 |
375 |
Joint and several liability guarantee |
2862 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
642.86 |
June 12, 2020 |
375 |
Joint and several liability guarantee |
3227 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
642.86 |
June 12, 2020 |
375 |
Joint and several liability guarantee |
3592 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,714.29 |
June 29, 2020 |
1,000 |
Joint and several liability guarantee |
653 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
2,571.43 |
June 29, 2020 |
1,500 |
Joint and several liability guarantee |
1018 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
2,571.43 |
June 29, 2020 |
1,500 |
Joint and several liability guarantee |
1384 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
2,571.43 |
June 29, 2020 |
1,500 |
Joint and several liability guarantee |
1749 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
2,571.43 |
June 29, 2020 |
1,500 |
Joint and several liability guarantee |
2114 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,285.71 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
2479 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,285.71 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
2845 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,285.71 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
3210 days |
No |
Yes |
| Ningming Xinhao Farming Co., Ltd |
April 29, 2020 |
1,285.71 |
June 29, 2020 |
750 |
Joint and several liability guarantee |
3575 days |
No |
Yes |
| Pucheng Xinliu Technology Co., Ltd |
April 29, 2020 |
129.75 |
November 20, 2020 |
129.75 |
Joint and several liability guarantee |
549 days |
No |
Yes |
| Pucheng Xinliu Technology Co., Ltd |
April 29, 2020 |
129.75 |
November 20, 2020 |
129.75 |
Joint and several liability guarantee |
733 days |
No |
Yes |
| Pucheng Xinliu Technology Co., Ltd |
April 29, 2020 |
129.75 |
November 20, 2020 |
129.75 |
Joint and several liability guarantee |
914 days |
No |
Yes |
| Pucheng Xinliu Technology Co., Ltd |
April 29, 2020 |
129.75 |
November 20, 2020 |
129.75 |
Joint and several liability guarantee |
1098 days |
No |
Yes |
| Pucheng Xinliu Technology Co., Ltd |
April 29, 2020 |
129.75 |
November 20, 2020 |
129.75 |
Joint and several liability guarantee |
1280 days |
No |
Yes |
| Pucheng Xinliu Technology Co., Ltd |
April 29, 2020 |
129.75 |
November 20, 2020 |
129.75 |
Joint and several liability guarantee |
1464 days |
No |
Yes |
| Pucheng Xinliu Technology Co., Ltd |
April 29, 2020 |
129.75 |
November 20, 2020 |
129.75 |
Joint and several liability guarantee |
1645 days |
No |
Yes |
| Pucheng Xinliu Technology Co., Ltd |
April 29, 2020 |
129.75 |
November 20, 2020 |
129.75 |
Joint and several liability guarantee |
1829 days |
No |
Yes |
| Rugao Xinhao Farming Co., Ltd |
April 29, 2020 |
5,555.56 |
October 15, 2020 |
5,000 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Rugao Xinhao Farming Co., Ltd |
April 29, 2020 |
4,444.44 |
May 20, 2020 |
4,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Ruian New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
100 |
November 13, 2020 |
100 |
Joint and several liability guarantee |
950 days |
No |
Yes |
| Ruian New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
400 |
November 13, 2020 |
400 |
Joint and several liability guarantee |
1133 days |
No |
Yes |
| Ruian New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
500 |
November 13, 2020 |
500 |
Joint and several liability guarantee |
1316 days |
No |
Yes |
| Ruian New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,500 |
November 13, 2020 |
1,500 |
Joint and several liability guarantee |
1499 days |
No |
Yes |
| Ruian New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,500 |
November 13, 2020 |
1,500 |
Joint and several liability guarantee |
1681 days |
No |
Yes |
| Ruian New Hope Liuhe Farming Co., Ltd |
April 29, 2020 |
1,000 |
November 13, 2020 |
1,000 |
Joint and several liability guarantee |
1826 days |
No |
Yes |
| Santai New Hope Farming Technology Co., Ltd |
October 25, 2019 |
10,000 |
January 3, 2020 |
1,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Shandong New Hope Liuhe Group Co., Ltd |
October 25, 2019 |
28,571.43 |
April 29, 2020 |
4,000 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| Shandong New Hope Liuhe Group Co., Ltd |
October 25, 2019 |
71,428.57 |
November 22, 2019 |
10,000 |
Joint and several liability guarantee |
731 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
826.72 |
May 19, 2020 |
334 |
Joint and several liability guarantee |
762 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
826.73 |
May 19, 2020 |
334 |
Joint and several liability guarantee |
945 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
1,237.62 |
May 19, 2020 |
500 |
Joint and several liability guarantee |
1127 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
1,237.62 |
May 19, 2020 |
500 |
Joint and several liability guarantee |
1310 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
2,475.25 |
May 19, 2020 |
1,000 |
Joint and several liability guarantee |
1493 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
2,475.25 |
May 19, 2020 |
1,000 |
Joint and several liability guarantee |
1676 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
2,475.25 |
May 19, 2020 |
1,000 |
Joint and several liability guarantee |
1858 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
2,475.25 |
May 19, 2020 |
1,000 |
Joint and several liability guarantee |
2041 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
2,475.25 |
May 19, 2020 |
1,000 |
Joint and several liability guarantee |
2223 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
2,475.25 |
May 19, 2020 |
1,000 |
Joint and several liability guarantee |
2406 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
1,650.99 |
May 19, 2020 |
667 |
Joint and several liability guarantee |
2588 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
1,650.99 |
May 19, 2020 |
667 |
Joint and several liability guarantee |
2771 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
1,641.09 |
May 19, 2020 |
663 |
Joint and several liability guarantee |
2909 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
330.02 |
June 28, 2020 |
133.33 |
Joint and several liability guarantee |
722 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
330.02 |
June 28, 2020 |
133.33 |
Joint and several liability guarantee |
905 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
495.05 |
June 28, 2020 |
200 |
Joint and several liability guarantee |
1087 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
495.05 |
June 28, 2020 |
200 |
Joint and several liability guarantee |
1270 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
990.1 |
June 28, 2020 |
400 |
Joint and several liability guarantee |
1453 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
990.1 |
June 28, 2020 |
400 |
Joint and several liability guarantee |
1636 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
990.1 |
June 28, 2020 |
400 |
Joint and several liability guarantee |
1818 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
990.1 |
June 28, 2020 |
400 |
Joint and several liability guarantee |
2001 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
990.1 |
June 28, 2020 |
400 |
Joint and several liability guarantee |
2183 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
990.1 |
June 28, 2020 |
400 |
Joint and several liability guarantee |
2366 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
660.07 |
June 28, 2020 |
266.67 |
Joint and several liability guarantee |
2548 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
660.07 |
June 28, 2020 |
266.67 |
Joint and several liability guarantee |
2731 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
660.07 |
June 28, 2020 |
266.67 |
Joint and several liability guarantee |
2869 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
321.78 |
June 30, 2020 |
130 |
Joint and several liability guarantee |
720 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
321.78 |
June 30, 2020 |
130 |
Joint and several liability guarantee |
903 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
482.67 |
June 30, 2020 |
195 |
Joint and several liability guarantee |
1085 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
482.67 |
June 30, 2020 |
195 |
Joint and several liability guarantee |
1268 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
965.35 |
June 30, 2020 |
390 |
Joint and several liability guarantee |
1451 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
965.35 |
June 30, 2020 |
390 |
Joint and several liability guarantee |
1634 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
965.35 |
June 30, 2020 |
390 |
Joint and several liability guarantee |
1816 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
965.35 |
June 30, 2020 |
390 |
Joint and several liability guarantee |
1999 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
965.35 |
June 30, 2020 |
390 |
Joint and several liability guarantee |
2181 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
965.35 |
June 30, 2020 |
390 |
Joint and several liability guarantee |
2364 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
643.56 |
June 30, 2020 |
260 |
Joint and several liability guarantee |
2546 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
643.56 |
June 30, 2020 |
260 |
Joint and several liability guarantee |
2729 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
643.56 |
June 30, 2020 |
260 |
Joint and several liability guarantee |
2867 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
189.78 |
December 1, 2020 |
76.67 |
Joint and several liability guarantee |
566 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
189.78 |
December 1, 2020 |
76.67 |
Joint and several liability guarantee |
749 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
284.65 |
December 1, 2020 |
115 |
Joint and several liability guarantee |
931 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
284.65 |
December 1, 2020 |
115 |
Joint and several liability guarantee |
1114 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
569.31 |
December 1, 2020 |
230 |
Joint and several liability guarantee |
1297 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
569.31 |
December 1, 2020 |
230 |
Joint and several liability guarantee |
1480 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
569.31 |
December 1, 2020 |
230 |
Joint and several liability guarantee |
1662 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
569.31 |
December 1, 2020 |
230 |
Joint and several liability guarantee |
1845 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
569.31 |
December 1, 2020 |
230 |
Joint and several liability guarantee |
2027 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
569.31 |
December 1, 2020 |
230 |
Joint and several liability guarantee |
2210 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
379.53 |
December 1, 2020 |
153.33 |
Joint and several liability guarantee |
2392 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
379.53 |
December 1, 2020 |
153.33 |
Joint and several liability guarantee |
2575 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
379.53 |
December 1, 2020 |
153.33 |
Joint and several liability guarantee |
2713 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
84.16 |
May 19, 2020 |
34 |
Joint and several liability guarantee |
336 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
331.68 |
May 19, 2020 |
134 |
Joint and several liability guarantee |
397 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
413.37 |
May 19, 2020 |
167 |
Joint and several liability guarantee |
580 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
33 |
June 28, 2020 |
13.33 |
Joint and several liability guarantee |
296 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
132 |
June 28, 2020 |
53.33 |
Joint and several liability guarantee |
357 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
165.02 |
June 28, 2020 |
66.67 |
Joint and several liability guarantee |
540 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
32.18 |
June 30, 2020 |
13 |
Joint and several liability guarantee |
294 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
128.71 |
June 30, 2020 |
52 |
Joint and several liability guarantee |
355 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
160.89 |
June 30, 2020 |
65 |
Joint and several liability guarantee |
538 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
18.99 |
December 1, 2020 |
7.67 |
Joint and several liability guarantee |
140 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
75.92 |
December 1, 2020 |
30.67 |
Joint and several liability guarantee |
201 days |
No |
Yes |
| Shenze New Hope Liuhe Breeding Co., Ltd |
April 29, 2020 |
94.88 |
December 1, 2020 |
38.33 |
Joint and several liability guarantee |
384 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,555.52 |
September 1, 2020 |
200 |
Joint and several liability guarantee |
553 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,555.56 |
September 1, 2020 |
200 |
Joint and several liability guarantee |
737 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,555.56 |
September 1, 2020 |
200 |
Joint and several liability guarantee |
918 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
46,666.67 |
September 1, 2020 |
6,000 |
Joint and several liability guarantee |
1081 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
777.78 |
September 1, 2020 |
100 |
Joint and several liability guarantee |
553 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
777.78 |
September 1, 2020 |
100 |
Joint and several liability guarantee |
737 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
777.78 |
September 1, 2020 |
100 |
Joint and several liability guarantee |
918 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
11,666.67 |
September 1, 2020 |
1,500 |
Joint and several liability guarantee |
1081 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,555.56 |
September 1, 2020 |
200 |
Joint and several liability guarantee |
188 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
1,555.56 |
September 1, 2020 |
200 |
Joint and several liability guarantee |
372 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
777.78 |
September 1, 2020 |
100 |
Joint and several liability guarantee |
188 days |
No |
Yes |
| Shuozhou Xinhao Farming Co., Ltd |
April 29, 2020 |
777.78 |
September 1, 2020 |
100 |
Joint and several liability guarantee |
372 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
2,618.76 |
September 21, 2020 |
911.62 |
Joint and several liability guarantee |
180 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
335.75 |
September 25, 2020 |
116.88 |
Joint and several liability guarantee |
180 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
1,430.86 |
September 29, 2020 |
498.1 |
Joint and several liability guarantee |
180 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
192.5 |
October 13, 2020 |
67.01 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
371.46 |
October 14, 2020 |
129.31 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
69.03 |
October 16, 2020 |
24.03 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
433.91 |
October 20, 2020 |
151.05 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
3,345.02 |
October 23, 2020 |
1,164.44 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
597.45 |
October 26, 2020 |
207.98 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
1,127.86 |
November 2, 2020 |
392.62 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
1,044.9 |
November 5, 2020 |
363.74 |
Joint and several liability guarantee |
191 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
82.62 |
November 6, 2020 |
28.76 |
Joint and several liability guarantee |
191 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
605.93 |
November 13, 2020 |
210.93 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
210.36 |
November 17, 2020 |
73.23 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
1,592.39 |
November 6, 2020 |
554.33 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
606.59 |
November 10, 2020 |
211.16 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
2,545.56 |
November 20, 2020 |
886.14 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
2,171.03 |
November 30, 2020 |
755.76 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan Xinhe Import & Export Co., Ltd |
April 29, 2020 |
618.02 |
December 10, 2020 |
215.14 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
2,278.85 |
October 15, 2020 |
2,278.85 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
2,246.84 |
October 19, 2020 |
2,246.84 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
2,560.38 |
October 21, 2020 |
2,560.38 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
2,945.06 |
October 23, 2020 |
2,945.06 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
1,129.58 |
October 27, 2020 |
1,129.58 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
3,703.08 |
October 30, 2020 |
3,703.08 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
7,509.4 |
February 10, 2020 |
2,000 |
Joint and several liability guarantee |
721 days |
No |
Yes |
| Sichuan New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
60,075.09 |
February 10, 2020 |
16,000 |
Joint and several liability guarantee |
1086 days |
No |
Yes |
| Sichuan New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
157,697.12 |
March 24, 2020 |
42,000 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Sichuan New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
71,339.17 |
February 27, 2020 |
19,000 |
Joint and several liability guarantee |
366 days |
No |
Yes |
| Sichuan New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
3,379.22 |
February 10, 2020 |
900 |
Joint and several liability guarantee |
356 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
350 |
August 27, 2020 |
175 |
Joint and several liability guarantee |
663 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., |
April 29, 2020 |
1,650 |
August 27, 2020 |
825 |
Joint and several liability |
846 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,650 |
August 27, 2020 |
825 |
Joint and several liability guarantee |
1028 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1211 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1394 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1577 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1759 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1942 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
2124 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
2307 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
2489 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
350 |
August 27, 2020 |
175 |
Joint and several liability guarantee |
663 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,650 |
August 27, 2020 |
825 |
Joint and several liability guarantee |
846 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,650 |
August 27, 2020 |
825 |
Joint and several liability guarantee |
1028 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1211 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1394 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability |
1577 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1759 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
1942 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
2124 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
2307 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,000 |
August 27, 2020 |
1,000 |
Joint and several liability guarantee |
2489 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
350 |
August 27, 2020 |
175 |
Joint and several liability guarantee |
481 days |
No |
Yes |
| Taiqian Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
350 |
August 27, 2020 |
175 |
Joint and several liability guarantee |
481 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
October 25, 2019 |
1,920.35 |
April 24, 2020 |
1,500 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
October 25, 2019 |
5,185.07 |
April 24, 2020 |
4,050 |
Joint and several liability guarantee |
912 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
October 25, 2019 |
5,185.07 |
April 24, 2020 |
4,050 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
October 25, 2019 |
5,185.07 |
April 24, 2020 |
4,050 |
Joint and several liability guarantee |
1277 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
October 25, 2019 |
5,185.07 |
April 24, 2020 |
4,050 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
October 25, 2019 |
5,185.07 |
April 24, 2020 |
4,050 |
Joint and several liability guarantee |
1643 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
October 25, 2019 |
5,185.07 |
April 24, 2020 |
4,050 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
462.18 |
May 8, 2020 |
361 |
Joint and several liability |
719 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
486.5 |
May 8, 2020 |
380 |
Joint and several liability guarantee |
902 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
486.5 |
May 8, 2020 |
380 |
Joint and several liability guarantee |
1084 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
729.75 |
May 8, 2020 |
570 |
Joint and several liability guarantee |
1267 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
729.75 |
May 8, 2020 |
570 |
Joint and several liability guarantee |
1450 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
973 |
May 8, 2020 |
760 |
Joint and several liability guarantee |
1633 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
973 |
May 8, 2020 |
760 |
Joint and several liability guarantee |
1815 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,216.25 |
May 8, 2020 |
950 |
Joint and several liability guarantee |
1998 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,216.25 |
May 8, 2020 |
950 |
Joint and several liability guarantee |
2180 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,459.5 |
May 8, 2020 |
1,140 |
Joint and several liability guarantee |
2363 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,459.5 |
May 8, 2020 |
1,140 |
Joint and several liability guarantee |
2545 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
2,189.25 |
May 8, 2020 |
1,710 |
Joint and several liability guarantee |
2728 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
2,189.25 |
May 8, 2020 |
1,710 |
Joint and several liability guarantee |
2911 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,106.79 |
May 25, 2020 |
864.5 |
Joint and several liability guarantee |
702 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,165.04 |
May 25, 2020 |
910 |
Joint and several liability guarantee |
885 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,165.04 |
May 25, 2020 |
910 |
Joint and several liability |
1067 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,747.56 |
May 25, 2020 |
1,365 |
Joint and several liability guarantee |
1250 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
1,747.56 |
May 25, 2020 |
1,365 |
Joint and several liability guarantee |
1433 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
2,330.08 |
May 25, 2020 |
1,820 |
Joint and several liability guarantee |
1616 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
2,330.08 |
May 25, 2020 |
1,820 |
Joint and several liability guarantee |
1798 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
2,912.6 |
May 25, 2020 |
2,275 |
Joint and several liability guarantee |
1981 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
2,912.6 |
May 25, 2020 |
2,275 |
Joint and several liability guarantee |
2163 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
3,495.12 |
May 25, 2020 |
2,730 |
Joint and several liability guarantee |
2346 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
3,495.12 |
May 25, 2020 |
2,730 |
Joint and several liability guarantee |
2528 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
5,242.68 |
May 25, 2020 |
4,095 |
Joint and several liability guarantee |
2711 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
5,242.68 |
May 25, 2020 |
4,095 |
Joint and several liability guarantee |
2894 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
12,802.63 |
August 31, 2020 |
10,000 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
October 25, 2019 |
1,920.39 |
April 24, 2020 |
1,500 |
Joint and several liability guarantee |
547 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
24.33 |
May 8, 2020 |
19 |
Joint and several liability guarantee |
354 days |
No |
Yes |
| Tangshan Xinhao Farming Co., Ltd |
April 29, 2020 |
58.25 |
May 25, 2020 |
45.5 |
Joint and several liability guarantee |
337 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.61 |
December 24, 2019 |
1,000 |
Joint and several liability |
730 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
December 24, 2019 |
1,000 |
Joint and several liability guarantee |
878 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
December 24, 2019 |
1,000 |
Joint and several liability guarantee |
1062 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
December 24, 2019 |
1,000 |
Joint and several liability guarantee |
1243 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,785.71 |
December 24, 2019 |
1,250 |
Joint and several liability guarantee |
1427 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
71.43 |
January 2, 2020 |
50 |
Joint and several liability guarantee |
1418 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
1600 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
1784 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
1965 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
2,142.86 |
January 2, 2020 |
1,500 |
Joint and several liability guarantee |
2149 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
2,142.86 |
January 2, 2020 |
1,500 |
Joint and several liability guarantee |
2330 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
71.43 |
January 2, 2020 |
50 |
Joint and several liability guarantee |
2514 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,785.71 |
January 17, 2020 |
1,250 |
Joint and several liability guarantee |
2499 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 17, 2020 |
1,300 |
Joint and several liability guarantee |
2680 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,714.29 |
January 17, 2020 |
1,200 |
Joint and several liability guarantee |
2864 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,714.29 |
January 17, 2020 |
1,200 |
Joint and several liability |
3046 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,571.43 |
January 17, 2020 |
1,100 |
Joint and several liability guarantee |
3230 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,571.43 |
January 17, 2020 |
1,100 |
Joint and several liability guarantee |
3411 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,571.43 |
January 17, 2020 |
1,100 |
Joint and several liability guarantee |
3595 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 17, 2020 |
1,000 |
Joint and several liability guarantee |
3776 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 17, 2020 |
1,000 |
Joint and several liability guarantee |
3960 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 17, 2020 |
1,000 |
Joint and several liability guarantee |
4141 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 17, 2020 |
1,000 |
Joint and several liability guarantee |
4358 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 2, 2020 |
1,000 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 2, 2020 |
1,000 |
Joint and several liability guarantee |
869 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 2, 2020 |
1,000 |
Joint and several liability guarantee |
1053 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 2, 2020 |
1,000 |
Joint and several liability guarantee |
1234 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
1418 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
1600 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
1784 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability |
1965 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
2,142.86 |
January 2, 2020 |
1,500 |
Joint and several liability guarantee |
2149 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
2330 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
285.71 |
January 2, 2020 |
200 |
Joint and several liability guarantee |
2330 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
2514 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,857.14 |
January 2, 2020 |
1,300 |
Joint and several liability guarantee |
2695 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
285.71 |
January 2, 2020 |
200 |
Joint and several liability guarantee |
2879 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 19, 2020 |
1,000 |
Joint and several liability guarantee |
2862 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,285.71 |
January 19, 2020 |
900 |
Joint and several liability guarantee |
3044 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
428.57 |
January 19, 2020 |
300 |
Joint and several liability guarantee |
3044 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,571.43 |
January 19, 2020 |
1,100 |
Joint and several liability guarantee |
3228 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,571.43 |
January 19, 2020 |
1,100 |
Joint and several liability guarantee |
3409 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,571.43 |
January 19, 2020 |
1,100 |
Joint and several liability guarantee |
3593 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 19, 2020 |
1,000 |
Joint and several liability guarantee |
3774 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 19, 2020 |
1,000 |
Joint and several liability guarantee |
3958 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
1,428.57 |
January 19, 2020 |
1,000 |
Joint and several liability |
4139 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
714.29 |
January 19, 2020 |
500 |
Joint and several liability guarantee |
4323 days |
No |
Yes |
| Weinan Xinliu Technology Co., Ltd |
October 25, 2019 |
714.29 |
January 19, 2020 |
500 |
Joint and several liability guarantee |
4365 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
562.5 |
September 15, 2020 |
500 |
Joint and several liability guarantee |
612 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
562.5 |
September 15, 2020 |
500 |
Joint and several liability guarantee |
796 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
562.5 |
September 15, 2020 |
500 |
Joint and several liability guarantee |
977 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
562.5 |
September 15, 2020 |
500 |
Joint and several liability guarantee |
1161 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,125 |
September 15, 2020 |
1,000 |
Joint and several liability guarantee |
1343 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,125 |
September 15, 2020 |
1,000 |
Joint and several liability guarantee |
1527 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,125 |
September 15, 2020 |
1,000 |
Joint and several liability guarantee |
1708 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,125 |
September 15, 2020 |
1,000 |
Joint and several liability guarantee |
1892 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,237.5 |
September 15, 2020 |
1,100 |
Joint and several liability guarantee |
2073 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,237.5 |
September 15, 2020 |
1,100 |
Joint and several liability guarantee |
2257 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,237.5 |
September 15, 2020 |
1,100 |
Joint and several liability guarantee |
2438 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,237.5 |
September 15, 2020 |
1,100 |
Joint and several liability guarantee |
2622 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,237.5 |
September 15, 2020 |
1,100 |
Joint and several liability |
2804 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,237.5 |
September 15, 2020 |
1,100 |
Joint and several liability guarantee |
2988 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,237.5 |
September 15, 2020 |
1,100 |
Joint and several liability guarantee |
3169 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
1,237.5 |
September 15, 2020 |
1,100 |
Joint and several liability guarantee |
3353 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
225 |
September 15, 2020 |
200 |
Joint and several liability guarantee |
3534 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
562.5 |
September 15, 2020 |
500 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Wuqi Xinliu Technology Co., Ltd |
April 29, 2020 |
562.5 |
September 15, 2020 |
500 |
Joint and several liability guarantee |
431 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.39 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
762 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
945 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
1127 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
1310 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
1493 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
1676 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
1858 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
2041 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability |
2223 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
2406 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
7,192.61 |
May 20, 2020 |
2,693.35 |
Joint and several liability guarantee |
2547 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,341.01 |
May 22, 2020 |
2,000 |
Joint and several liability guarantee |
760 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,341.01 |
May 22, 2020 |
2,000 |
Joint and several liability guarantee |
943 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,343.68 |
May 22, 2020 |
2,001 |
Joint and several liability guarantee |
1125 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,343.68 |
May 22, 2020 |
2,001 |
Joint and several liability guarantee |
1308 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,343.68 |
May 22, 2020 |
2,001 |
Joint and several liability guarantee |
1491 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,343.68 |
May 22, 2020 |
2,001 |
Joint and several liability guarantee |
1674 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,343.68 |
May 22, 2020 |
2,001 |
Joint and several liability guarantee |
1856 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,343.68 |
May 22, 2020 |
2,001 |
Joint and several liability guarantee |
2039 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,343.68 |
May 22, 2020 |
2,001 |
Joint and several liability guarantee |
2221 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,343.68 |
May 22, 2020 |
2,001 |
Joint and several liability guarantee |
2404 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
16,001.67 |
May 22, 2020 |
5,992 |
Joint and several liability guarantee |
2548 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,707.44 |
June 4, 2020 |
639.37 |
Joint and several liability guarantee |
729 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
1,707.44 |
June 4, 2020 |
639.37 |
Joint and several liability |
912 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,707.44 |
June 4, 2020 |
639.37 |
Joint and several liability guarantee |
1094 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,707.44 |
June 4, 2020 |
639.37 |
Joint and several liability guarantee |
1277 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,707.44 |
June 4, 2020 |
639.37 |
Joint and several liability guarantee |
1460 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,707.44 |
June 4, 2020 |
639.37 |
Joint and several liability guarantee |
1643 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,707.44 |
June 4, 2020 |
639.37 |
Joint and several liability guarantee |
1825 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,269.93 |
July 28, 2020 |
850 |
Joint and several liability guarantee |
675 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,269.93 |
July 28, 2020 |
850 |
Joint and several liability guarantee |
858 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,269.93 |
July 28, 2020 |
850 |
Joint and several liability guarantee |
1040 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,269.93 |
July 28, 2020 |
850 |
Joint and several liability guarantee |
1223 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,269.93 |
July 28, 2020 |
850 |
Joint and several liability guarantee |
1406 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,269.93 |
July 28, 2020 |
850 |
Joint and several liability guarantee |
1589 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,269.93 |
July 28, 2020 |
850 |
Joint and several liability guarantee |
1771 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
656 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
839 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability |
1021 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
1204 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
1387 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
1570 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
1752 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
1935 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
2117 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
2300 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,868.44 |
September 3, 2020 |
1,074.12 |
Joint and several liability guarantee |
2441 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
September 29, 2020 |
333.33 |
Joint and several liability guarantee |
630 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
September 29, 2020 |
333.33 |
Joint and several liability guarantee |
813 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
September 29, 2020 |
333.33 |
Joint and several liability guarantee |
995 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
September 29, 2020 |
333.33 |
Joint and several liability guarantee |
1178 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
September 29, 2020 |
333.33 |
Joint and several liability guarantee |
1361 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
September 29, 2020 |
333.33 |
Joint and several liability guarantee |
1544 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
890.16 |
September 29, 2020 |
333.33 |
Joint and several liability |
1726 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
September 29, 2020 |
333.33 |
Joint and several liability guarantee |
1909 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
September 29, 2020 |
333.34 |
Joint and several liability guarantee |
2091 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
September 29, 2020 |
333.34 |
Joint and several liability guarantee |
2274 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
September 29, 2020 |
333.34 |
Joint and several liability guarantee |
2456 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
September 29, 2020 |
333.34 |
Joint and several liability guarantee |
2639 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,335.25 |
September 29, 2020 |
500 |
Joint and several liability guarantee |
2822 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,335.25 |
September 29, 2020 |
500 |
Joint and several liability guarantee |
2921 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
619 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
802 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
984 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
1167 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
1350 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
1533 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
1715 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability |
1898 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
2080 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
2263 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
11,669.44 |
October 10, 2020 |
4,369.75 |
Joint and several liability guarantee |
2404 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
October 21, 2020 |
333.33 |
Joint and several liability guarantee |
608 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
October 21, 2020 |
333.33 |
Joint and several liability guarantee |
791 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
October 21, 2020 |
333.33 |
Joint and several liability guarantee |
973 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
October 21, 2020 |
333.33 |
Joint and several liability guarantee |
1156 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
October 21, 2020 |
333.33 |
Joint and several liability guarantee |
1339 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
October 21, 2020 |
333.33 |
Joint and several liability guarantee |
1522 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
October 21, 2020 |
333.33 |
Joint and several liability guarantee |
1704 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
October 21, 2020 |
333.33 |
Joint and several liability guarantee |
1887 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
October 21, 2020 |
333.34 |
Joint and several liability guarantee |
2069 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
October 21, 2020 |
333.34 |
Joint and several liability guarantee |
2252 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
October 21, 2020 |
333.34 |
Joint and several liability guarantee |
2434 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
890.19 |
October 21, 2020 |
333.34 |
Joint and several liability |
2617 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,335.25 |
October 21, 2020 |
500 |
Joint and several liability guarantee |
2800 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,335.25 |
October 21, 2020 |
500 |
Joint and several liability guarantee |
2899 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
593 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
776 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
958 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
1141 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
1324 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
1507 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
1689 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
1872 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
2054 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
2237 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,981.93 |
November 5, 2020 |
2,240 |
Joint and several liability guarantee |
2378 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
767.77 |
November 6, 2020 |
287.5 |
Joint and several liability guarantee |
574 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
767.77 |
November 6, 2020 |
287.5 |
Joint and several liability |
757 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
767.77 |
November 6, 2020 |
287.5 |
Joint and several liability guarantee |
939 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
767.77 |
November 6, 2020 |
287.5 |
Joint and several liability guarantee |
1122 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
767.77 |
November 6, 2020 |
287.5 |
Joint and several liability guarantee |
1305 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
767.77 |
November 6, 2020 |
287.5 |
Joint and several liability guarantee |
1488 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
767.77 |
November 6, 2020 |
287.5 |
Joint and several liability guarantee |
1670 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
November 30, 2020 |
333.33 |
Joint and several liability guarantee |
568 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
November 30, 2020 |
333.33 |
Joint and several liability guarantee |
751 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
November 30, 2020 |
333.33 |
Joint and several liability guarantee |
933 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
November 30, 2020 |
333.33 |
Joint and several liability guarantee |
1116 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
November 30, 2020 |
333.33 |
Joint and several liability guarantee |
1299 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
November 30, 2020 |
333.33 |
Joint and several liability guarantee |
1482 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
November 30, 2020 |
333.33 |
Joint and several liability guarantee |
1664 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.16 |
November 30, 2020 |
333.33 |
Joint and several liability guarantee |
1847 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
November 30, 2020 |
333.34 |
Joint and several liability guarantee |
2029 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
890.19 |
November 30, 2020 |
333.34 |
Joint and several liability |
2212 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
November 30, 2020 |
333.34 |
Joint and several liability guarantee |
2394 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
890.19 |
November 30, 2020 |
333.34 |
Joint and several liability guarantee |
2577 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,335.25 |
November 30, 2020 |
500 |
Joint and several liability guarantee |
2760 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,335.25 |
November 30, 2020 |
500 |
Joint and several liability guarantee |
2859 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13,352.53 |
October 23, 2020 |
5,000 |
Joint and several liability guarantee |
353 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
397 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
May 20, 2020 |
5 |
Joint and several liability guarantee |
580 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,341.01 |
May 22, 2020 |
2,000 |
Joint and several liability guarantee |
395 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
5,341.01 |
May 22, 2020 |
2,000 |
Joint and several liability guarantee |
578 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
1,707.44 |
June 4, 2020 |
639.37 |
Joint and several liability guarantee |
547 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
2,269.93 |
July 28, 2020 |
850 |
Joint and several liability guarantee |
493 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
291 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
26.71 |
September 3, 2020 |
10 |
Joint and several liability guarantee |
474 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability guarantee |
254 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., |
April 29, 2020 |
13.35 |
October 10, 2020 |
5 |
Joint and several liability |
437 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
228 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
13.35 |
November 5, 2020 |
5 |
Joint and several liability guarantee |
411 days |
No |
Yes |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
April 29, 2020 |
767.77 |
November 6, 2020 |
287.5 |
Joint and several liability guarantee |
392 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
634 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
726 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
818 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
909 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
999 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
1091 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
1183 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
1274 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
1365 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
1457 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
1549 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability |
1640 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
1730 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
1822 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
597 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
689 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
781 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
872 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
962 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
1054 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
1146 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
1237 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
1328 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
1420 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
1512 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
1603 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability |
1693 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
1785 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
566 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
658 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
750 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
841 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
931 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
1023 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
1115 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
1206 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
1297 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
1389 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
1481 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
1572 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
1662 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability |
1754 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
453 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
407.14 |
June 24, 2020 |
237.5 |
Joint and several liability guarantee |
544 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
416 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
214.29 |
July 31, 2020 |
125 |
Joint and several liability guarantee |
507 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
385 days |
No |
Yes |
| Wulian Xinhao Farming Co., Ltd |
April 29, 2020 |
128.57 |
August 31, 2020 |
75 |
Joint and several liability guarantee |
476 days |
No |
Yes |
| Xiajin New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
20,979.38 |
February 28, 2020 |
5,900 |
Joint and several liability guarantee |
2188 days |
No |
Yes |
| Xiajin New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
4,266.99 |
March 12, 2020 |
1,200 |
Joint and several liability guarantee |
2175 days |
No |
Yes |
| Xiajin New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
4,878.59 |
March 26, 2020 |
1,372 |
Joint and several liability guarantee |
2161 days |
No |
Yes |
| Xiajin New Hope Liuhe Farming Co., Ltd |
October 25, 2019 |
4,875.04 |
March 26, 2020 |
1,371 |
Joint and several liability guarantee |
2161 days |
No |
Yes |
| Xiantao Liuhe Feed Co., Ltd |
October 25, 2019 |
900 |
March 18, 2020 |
900 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Xiantao Liuhe Feed Co., Ltd |
October 25, 2019 |
1,100 |
March 25, 2020 |
1,100 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Xiangyang New Hope Liuhe Feed Co., Ltd |
April 29, 2020 |
1,428.58 |
November 9, 2020 |
1,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Xiangyang New Hope Liuhe Feed Co., Ltd |
October 25, 2019 |
1,285.71 |
March 26, 2020 |
900 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Xiangyang New Hope Liuhe Feed Co., Ltd |
October 25, 2019 |
1,285.71 |
April 14, 2020 |
900 |
Joint and several liability |
367 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Xiaoyi New Hope Liuhe Food Co., Ltd |
October 25, 2019 |
5,000 |
March 11, 2020 |
5,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
October 25, 2019 |
4,483 |
April 16, 2020 |
4,483 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
October 25, 2019 |
600 |
April 28, 2020 |
600 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
April 29, 2020 |
3,917 |
May 07, 2020 |
3,917 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
April 29, 2020 |
6,000 |
May 20, 2020 |
6,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
34,078.96 |
October 19, 2020 |
11,418.58 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
34,078.96 |
October 19, 2020 |
11,418.58 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
38,947.37 |
October 19, 2020 |
13,049.8 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
68,157.89 |
October 19, 2020 |
22,837.15 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
97,368.41 |
October 19, 2020 |
32,624.5 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
97,368.41 |
October 19, 2020 |
32,624.5 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
97,368.41 |
October 19, 2020 |
32,624.5 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
116,842.1 |
October 19, 2020 |
39,149.4 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 29, 2020 |
97,368.41 |
October 19, 2020 |
32,624.5 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 14, 2016 |
29,210.52 |
July 5, 2016 |
9,787.35 |
Joint and several liability |
2278 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| New Hope Singapore Pte. Ltd |
April 14, 2016 |
14,605.28 |
July 5, 2016 |
4,893.68 |
Joint and several liability guarantee |
1714 days |
No |
Yes |
| New Hope Singapore Pte. Ltd |
April 14, 2016 |
14,605.28 |
July 5, 2016 |
4,893.68 |
Joint and several liability guarantee |
1898 days |
No |
Yes |
| Xingren Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,484 |
September 30, 2020 |
825 |
Joint and several liability guarantee |
728 days |
No |
Yes |
| Xingren Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,484 |
September 30, 2020 |
825 |
Joint and several liability guarantee |
1093 days |
No |
Yes |
| Xingren Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,484 |
September 30, 2020 |
825 |
Joint and several liability guarantee |
1459 days |
No |
Yes |
| Xingren Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,484 |
September 30, 2020 |
825 |
Joint and several liability guarantee |
1824 days |
No |
Yes |
| Xingren Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,484 |
September 30, 2020 |
825 |
Joint and several liability guarantee |
2189 days |
No |
Yes |
| Xingren Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
2,484 |
September 30, 2020 |
825 |
Joint and several liability guarantee |
2554 days |
No |
Yes |
| Xingren Xinliu Farming Technology Co., Ltd |
April 29, 2020 |
1,656 |
September 30, 2020 |
550 |
Joint and several liability guarantee |
363 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1,160 |
October 12, 2020 |
1,160 |
Joint and several liability guarantee |
503 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1,160 |
October 12, 2020 |
1,160 |
Joint and several liability guarantee |
684 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1,160 |
October 12, 2020 |
1,160 |
Joint and several liability guarantee |
868 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1,160 |
October 12, 2020 |
1,160 |
Joint and several liability guarantee |
1049 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1,160 |
October 12, 2020 |
1,160 |
Joint and several liability guarantee |
1233 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1,160 |
October 12, 2020 |
1,160 |
Joint and several liability |
1415 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1,160 |
October 12, 2020 |
1,160 |
Joint and several liability guarantee |
1599 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1,160 |
October 12, 2020 |
1,160 |
Joint and several liability guarantee |
1780 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
11.28 |
October 15, 2020 |
11.28 |
Joint and several liability guarantee |
500 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
11.28 |
October 15, 2020 |
11.28 |
Joint and several liability guarantee |
681 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
11.28 |
October 15, 2020 |
11.28 |
Joint and several liability guarantee |
865 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
11.28 |
October 15, 2020 |
11.28 |
Joint and several liability guarantee |
1046 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
11.28 |
October 15, 2020 |
11.28 |
Joint and several liability guarantee |
1230 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
11.28 |
October 15, 2020 |
11.28 |
Joint and several liability guarantee |
1412 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
11.28 |
October 15, 2020 |
11.28 |
Joint and several liability guarantee |
1596 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
11.28 |
October 15, 2020 |
11.28 |
Joint and several liability guarantee |
1777 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
5.16 |
October 22, 2020 |
5.16 |
Joint and several liability guarantee |
493 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
5.16 |
October 22, 2020 |
5.16 |
Joint and several liability guarantee |
674 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
5.16 |
October 22, 2020 |
5.16 |
Joint and several liability guarantee |
858 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
5.16 |
October 22, 2020 |
5.16 |
Joint and several liability guarantee |
1039 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
5.16 |
October 22, 2020 |
5.16 |
Joint and several liability |
1223 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
5.16 |
October 22, 2020 |
5.16 |
Joint and several liability guarantee |
1405 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
5.16 |
October 22, 2020 |
5.16 |
Joint and several liability guarantee |
1589 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
5.16 |
October 22, 2020 |
5.16 |
Joint and several liability guarantee |
1770 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
16.07 |
October 28, 2020 |
16.07 |
Joint and several liability guarantee |
487 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
16.07 |
October 28, 2020 |
16.07 |
Joint and several liability guarantee |
668 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
16.07 |
October 28, 2020 |
16.07 |
Joint and several liability guarantee |
852 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
16.07 |
October 28, 2020 |
16.07 |
Joint and several liability guarantee |
1033 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
16.07 |
October 28, 2020 |
16.07 |
Joint and several liability guarantee |
1217 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
16.07 |
October 28, 2020 |
16.07 |
Joint and several liability guarantee |
1399 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
16.07 |
October 28, 2020 |
16.07 |
Joint and several liability guarantee |
1583 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
16.07 |
October 28, 2020 |
16.07 |
Joint and several liability guarantee |
1764 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1.4 |
November 3, 2020 |
1.4 |
Joint and several liability guarantee |
481 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1.4 |
November 3, 2020 |
1.4 |
Joint and several liability guarantee |
662 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1.4 |
November 3, 2020 |
1.4 |
Joint and several liability guarantee |
846 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1.4 |
November 3, 2020 |
1.4 |
Joint and several liability |
1027 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1.4 |
November 3, 2020 |
1.4 |
Joint and several liability guarantee |
1211 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1.4 |
November 3, 2020 |
1.4 |
Joint and several liability guarantee |
1393 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1.4 |
November 3, 2020 |
1.4 |
Joint and several liability guarantee |
1577 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
1.4 |
November 3, 2020 |
1.4 |
Joint and several liability guarantee |
1758 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
55.08 |
November 19, 2020 |
55.08 |
Joint and several liability guarantee |
465 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
55.08 |
November 19, 2020 |
55.08 |
Joint and several liability guarantee |
646 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
55.08 |
November 19, 2020 |
55.08 |
Joint and several liability guarantee |
830 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
55.08 |
November 19, 2020 |
55.08 |
Joint and several liability guarantee |
1011 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
55.08 |
November 19, 2020 |
55.08 |
Joint and several liability guarantee |
1195 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
55.08 |
November 19, 2020 |
55.08 |
Joint and several liability guarantee |
1377 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
55.08 |
November 19, 2020 |
55.08 |
Joint and several liability guarantee |
1561 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
55.08 |
November 19, 2020 |
55.08 |
Joint and several liability guarantee |
1742 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability guarantee |
596 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability guarantee |
779 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability |
960 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability guarantee |
1144 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability guarantee |
1326 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability guarantee |
1508 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability guarantee |
1693 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
3,100 |
October 27, 2020 |
3,100 |
Joint and several liability guarantee |
1812 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
36.89 |
November 25, 2020 |
36.89 |
Joint and several liability guarantee |
459 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
36.89 |
November 25, 2020 |
36.89 |
Joint and several liability guarantee |
640 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
36.89 |
November 25, 2020 |
36.89 |
Joint and several liability guarantee |
824 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
36.89 |
November 25, 2020 |
36.89 |
Joint and several liability guarantee |
1005 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
36.89 |
November 25, 2020 |
36.89 |
Joint and several liability guarantee |
1189 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
36.89 |
November 25, 2020 |
36.89 |
Joint and several liability guarantee |
1371 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
36.89 |
November 25, 2020 |
36.89 |
Joint and several liability guarantee |
1555 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
36.89 |
November 25, 2020 |
36.89 |
Joint and several liability guarantee |
1736 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability guarantee |
353 days |
No |
Yes |
| Yantai Xinhao Farming Co., Ltd |
April 29, 2020 |
100 |
October 27, 2020 |
100 |
Joint and several liability |
413 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
92.29 |
September 30, 2019 |
34 |
Joint and several liability guarantee |
903 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
814.3 |
September 30, 2019 |
300 |
Joint and several liability guarantee |
1087 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
317.58 |
September 30, 2019 |
117 |
Joint and several liability guarantee |
1268 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
2,171.46 |
September 30, 2019 |
800 |
Joint and several liability guarantee |
1452 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
898.44 |
September 30, 2019 |
331 |
Joint and several liability guarantee |
1634 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
2,714.33 |
September 30, 2019 |
1,000 |
Joint and several liability guarantee |
1827 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
211.72 |
September 30, 2019 |
78 |
Joint and several liability guarantee |
903 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
1,900.03 |
September 30, 2019 |
700 |
Joint and several liability guarantee |
1087 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
377.29 |
September 30, 2019 |
139 |
Joint and several liability guarantee |
1268 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
5,428.65 |
September 30, 2019 |
2,000 |
Joint and several liability guarantee |
1452 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
298.58 |
September 30, 2019 |
110 |
Joint and several liability guarantee |
1634 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
8,142.98 |
September 30, 2019 |
3,000 |
Joint and several liability guarantee |
1827 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
October 25, 2019 |
92.29 |
December 30, 2019 |
34 |
Joint and several liability guarantee |
812 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
October 25, 2019 |
814.3 |
December 30, 2019 |
300 |
Joint and several liability guarantee |
996 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
October 25, 2019 |
317.58 |
December 30, 2019 |
117 |
Joint and several liability |
1177 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yanting Xinhao Farming Co., Ltd |
October 25, 2019 |
2,171.46 |
December 30, 2019 |
800 |
Joint and several liability guarantee |
1361 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
October 25, 2019 |
898.44 |
December 30, 2019 |
331 |
Joint and several liability guarantee |
1543 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
October 25, 2019 |
2,714.33 |
December 30, 2019 |
1,000 |
Joint and several liability guarantee |
1736 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
16,285.96 |
August 31, 2020 |
6,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
13,571.64 |
October 30, 2020 |
5,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
76 |
December 21, 2020 |
28 |
Joint and several liability guarantee |
547 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
76 |
December 21, 2020 |
28 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
103.14 |
December 21, 2020 |
38 |
Joint and several liability guarantee |
912 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
103.14 |
December 21, 2020 |
38 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
103.14 |
December 21, 2020 |
38 |
Joint and several liability guarantee |
1278 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
127.57 |
December 21, 2020 |
47 |
Joint and several liability guarantee |
1461 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
127.57 |
December 21, 2020 |
47 |
Joint and several liability guarantee |
1643 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 29, 2020 |
124.86 |
December 21, 2020 |
46 |
Joint and several liability guarantee |
1808 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
92.29 |
September 30, 2019 |
34 |
Joint and several liability guarantee |
538 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
814.3 |
September 30, 2019 |
300 |
Joint and several liability |
722 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
211.72 |
September 30, 2019 |
78 |
Joint and several liability guarantee |
538 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
April 26, 2019 |
1,900.03 |
September 30, 2019 |
700 |
Joint and several liability guarantee |
722 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
October 25, 2019 |
92.29 |
December 30, 2019 |
34 |
Joint and several liability guarantee |
447 days |
No |
Yes |
| Yanting Xinhao Farming Co., Ltd |
October 25, 2019 |
814.3 |
December 30, 2019 |
300 |
Joint and several liability guarantee |
631 days |
No |
Yes |
| Yanshi Liuhe Feed Co., Ltd |
October 25, 2019 |
4,000 |
March 24, 2020 |
4,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Yanggu Liuhe Luxin Food Co., Ltd |
April 29, 2020 |
20,000 |
December 23, 2020 |
500 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group Co., Ltd |
April 26, 2019 |
3,333.34 |
September 24, 2019 |
1,000 |
Joint and several liability guarantee |
1000 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group Co., Ltd |
April 26, 2019 |
3,333.33 |
September 24, 2019 |
1,000 |
Joint and several liability guarantee |
1183 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group Co., Ltd |
April 26, 2020 |
2,333.33 |
September 24, 2019 |
700 |
Joint and several liability guarantee |
1365 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group Co., Ltd |
April 26, 2019 |
1,000 |
September 24, 2019 |
300 |
Joint and several liability guarantee |
1395 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group Co., Ltd |
April 26, 2019 |
3,333.33 |
September 24, 2019 |
1,000 |
Joint and several liability guarantee |
1548 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group Co., Ltd |
April 26, 2019 |
9,333.33 |
September 24, 2019 |
2,800 |
Joint and several liability guarantee |
1826 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group Co., Ltd |
April 26, 2019 |
4,000 |
September 24, 2019 |
1,200 |
Joint and several liability guarantee |
1827 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group Co., Ltd |
April 26, 2019 |
1,666.67 |
September 24, 2019 |
500 |
Joint and several liability guarantee |
635 days |
No |
Yes |
| Yangling Besun Agricultural Industry Group |
April 26, 2019 |
1,666.67 |
September 24, 2019 |
500 |
Joint and several liability |
818 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
guarantee |
|
|
|
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
815.37 |
November 15, 2019 |
600 |
Joint and several liability guarantee |
917 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
815.38 |
November 15, 2019 |
600 |
Joint and several liability guarantee |
1101 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
883.33 |
November 15, 2019 |
650 |
Joint and several liability guarantee |
1282 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
883.33 |
November 15, 2019 |
650 |
Joint and several liability guarantee |
1466 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,087.18 |
November 15, 2019 |
800 |
Joint and several liability guarantee |
1648 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,087.18 |
November 15, 2019 |
800 |
Joint and several liability guarantee |
1832 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,087.18 |
November 15, 2019 |
800 |
Joint and several liability guarantee |
2013 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,087.18 |
November 15, 2019 |
800 |
Joint and several liability guarantee |
2197 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,223.08 |
November 15, 2019 |
900 |
Joint and several liability guarantee |
2378 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,223.08 |
November 15, 2019 |
900 |
Joint and several liability guarantee |
2562 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,291.03 |
November 15, 2019 |
950 |
Joint and several liability guarantee |
2743 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,291.03 |
November 15, 2019 |
950 |
Joint and several liability guarantee |
2927 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,223.08 |
November 15, 2019 |
900 |
Joint and several liability guarantee |
3109 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,223.08 |
November 15, 2019 |
900 |
Joint and several liability guarantee |
3293 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,087.18 |
November 15, 2019 |
800 |
Joint and several liability |
3474 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
883.33 |
November 15, 2019 |
650 |
Joint and several liability guarantee |
3658 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
203.85 |
January 19, 2020 |
150 |
Joint and several liability guarantee |
3593 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,087.18 |
January 19, 2020 |
800 |
Joint and several liability guarantee |
3774 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,087.18 |
January 19, 2020 |
800 |
Joint and several liability guarantee |
3958 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,087.18 |
January 19, 2020 |
800 |
Joint and several liability guarantee |
4139 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
1,019.23 |
January 19, 2020 |
750 |
Joint and several liability guarantee |
4317 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
April 29, 2020 |
4,076.92 |
July 31, 2020 |
3,000 |
Joint and several liability guarantee |
361 days |
No |
Yes |
| Yijun Liuhe Technology Co., Ltd |
October 25, 2019 |
747.44 |
November 15, 2019 |
550 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
17.1 |
August 18, 2020 |
17.1 |
Joint and several liability guarantee |
489 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
666.9 |
August 18, 2020 |
666.9 |
Joint and several liability guarantee |
671 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
666.9 |
August 18, 2020 |
666.9 |
Joint and several liability guarantee |
854 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,333.8 |
August 18, 2020 |
1,333.8 |
Joint and several liability guarantee |
1036 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,333.8 |
August 18, 2020 |
1,333.8 |
Joint and several liability guarantee |
1219 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,333.8 |
August 18, 2020 |
1,333.8 |
Joint and several liability guarantee |
1402 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,333.8 |
August 18, 2020 |
1,333.8 |
Joint and several liability |
1585 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,666.3 |
August 18, 2020 |
1,666.3 |
Joint and several liability guarantee |
1767 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,666.3 |
August 18, 2020 |
1,666.3 |
Joint and several liability guarantee |
1950 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,333.8 |
August 18, 2020 |
1,333.8 |
Joint and several liability guarantee |
2132 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,333.8 |
August 18, 2020 |
1,333.8 |
Joint and several liability guarantee |
2315 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,333.8 |
August 18, 2020 |
1,333.8 |
Joint and several liability guarantee |
2497 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1,333.8 |
August 18, 2020 |
1,333.8 |
Joint and several liability guarantee |
2680 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
999.4 |
August 18, 2020 |
999.4 |
Joint and several liability guarantee |
2863 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
666.9 |
August 18, 2020 |
666.9 |
Joint and several liability guarantee |
3046 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
666.9 |
August 18, 2020 |
666.9 |
Joint and several liability guarantee |
3228 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
666.9 |
August 18, 2020 |
666.9 |
Joint and several liability guarantee |
3411 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
332.5 |
August 18, 2020 |
332.5 |
Joint and several liability guarantee |
3593 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
296.4 |
August 18, 2020 |
296.4 |
Joint and several liability guarantee |
3776 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
343.59 |
September 25, 2020 |
343.59 |
Joint and several liability guarantee |
546 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
343.59 |
September 25, 2020 |
343.59 |
Joint and several liability guarantee |
730 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
343.59 |
September 25, 2020 |
343.59 |
Joint and several liability |
911 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
343.59 |
September 25, 2020 |
343.59 |
Joint and several liability guarantee |
1095 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
1277 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
1461 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
1642 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
1826 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
2007 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
2191 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
2372 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
2556 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
2738 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
487.27 |
September 25, 2020 |
487.27 |
Joint and several liability guarantee |
2922 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
17.1 |
August 18, 2020 |
17.1 |
Joint and several liability guarantee |
306 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
115.79 |
October 13, 2020 |
115.79 |
Joint and several liability guarantee |
615 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
115.79 |
October 13, 2020 |
115.79 |
Joint and several liability guarantee |
798 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
231.58 |
October 13, 2020 |
231.58 |
Joint and several liability |
980 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
231.58 |
October 13, 2020 |
231.58 |
Joint and several liability guarantee |
1163 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
231.58 |
October 13, 2020 |
231.58 |
Joint and several liability guarantee |
1346 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
231.58 |
October 13, 2020 |
231.58 |
Joint and several liability guarantee |
1529 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
289.47 |
October 13, 2020 |
289.47 |
Joint and several liability guarantee |
1711 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
289.47 |
October 13, 2020 |
289.47 |
Joint and several liability guarantee |
1894 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
231.58 |
October 13, 2020 |
231.58 |
Joint and several liability guarantee |
2076 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
231.58 |
October 13, 2020 |
231.58 |
Joint and several liability guarantee |
2259 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
231.58 |
October 13, 2020 |
231.58 |
Joint and several liability guarantee |
2441 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
231.58 |
October 13, 2020 |
231.58 |
Joint and several liability guarantee |
2624 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
173.68 |
October 13, 2020 |
173.68 |
Joint and several liability guarantee |
2807 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
115.79 |
October 13, 2020 |
115.79 |
Joint and several liability guarantee |
2990 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
115.79 |
October 13, 2020 |
115.79 |
Joint and several liability guarantee |
3172 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
115.79 |
October 13, 2020 |
115.79 |
Joint and several liability guarantee |
3355 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
57.89 |
October 13, 2020 |
57.89 |
Joint and several liability guarantee |
3537 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
52.11 |
October 13, 2020 |
52.11 |
Joint and several liability |
3573 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
77.19 |
October 21, 2020 |
77.19 |
Joint and several liability guarantee |
607 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
77.19 |
October 21, 2020 |
77.19 |
Joint and several liability guarantee |
790 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
154.39 |
October 21, 2020 |
154.39 |
Joint and several liability guarantee |
972 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
154.39 |
October 21, 2020 |
154.39 |
Joint and several liability guarantee |
1155 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
154.39 |
October 21, 2020 |
154.39 |
Joint and several liability guarantee |
1338 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
154.39 |
October 21, 2020 |
154.39 |
Joint and several liability guarantee |
1521 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
192.98 |
October 21, 2020 |
192.98 |
Joint and several liability guarantee |
1703 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
192.98 |
October 21, 2020 |
192.98 |
Joint and several liability guarantee |
1886 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
154.39 |
October 21, 2020 |
154.39 |
Joint and several liability guarantee |
2068 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
154.39 |
October 21, 2020 |
154.39 |
Joint and several liability guarantee |
2251 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
154.39 |
October 21, 2020 |
154.39 |
Joint and several liability guarantee |
2433 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
154.39 |
October 21, 2020 |
154.39 |
Joint and several liability guarantee |
2616 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
115.79 |
October 21, 2020 |
115.79 |
Joint and several liability guarantee |
2799 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
77.19 |
October 21, 2020 |
77.19 |
Joint and several liability guarantee |
2982 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
77.19 |
October 21, 2020 |
77.19 |
Joint and several liability |
3164 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
77.19 |
October 21, 2020 |
77.19 |
Joint and several liability guarantee |
3347 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
38.6 |
October 21, 2020 |
38.6 |
Joint and several liability guarantee |
3529 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
34.74 |
October 21, 2020 |
34.74 |
Joint and several liability guarantee |
3565 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
2.89 |
October 13, 2020 |
2.89 |
Joint and several liability guarantee |
250 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
2.89 |
October 13, 2020 |
2.89 |
Joint and several liability guarantee |
433 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1.93 |
October 21, 2020 |
1.93 |
Joint and several liability guarantee |
242 days |
No |
Yes |
| Yingcheng Xinhao Farming Co., Ltd |
April 29, 2020 |
1.93 |
October 21, 2020 |
1.93 |
Joint and several liability guarantee |
425 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
2,309.52 |
August 4, 2020 |
750 |
Joint and several liability guarantee |
543 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
2,309.46 |
August 4, 2020 |
750 |
Joint and several liability guarantee |
724 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
2,309.46 |
August 4, 2020 |
750 |
Joint and several liability guarantee |
908 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
2,309.46 |
August 4, 2020 |
750 |
Joint and several liability guarantee |
1089 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
2,309.46 |
August 4, 2020 |
750 |
Joint and several liability guarantee |
1273 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
2,309.46 |
August 4, 2020 |
750 |
Joint and several liability guarantee |
1455 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
2,309.46 |
August 4, 2020 |
750 |
Joint and several liability guarantee |
1639 days |
No |
Yes |
| Yihai Agricultural Development |
April 29, 2020 |
2,309.46 |
August 4, 2020 |
750 |
Joint and several liability |
1820 days |
No |
Yes |
| Co., Ltd |
|
|
|
|
guarantee |
|
|
|
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
19.06 |
November 9, 2020 |
6.19 |
Joint and several liability guarantee |
507 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
19.06 |
November 9, 2020 |
6.19 |
Joint and several liability guarantee |
690 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
76.21 |
November 9, 2020 |
24.75 |
Joint and several liability guarantee |
872 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
76.21 |
November 9, 2020 |
24.75 |
Joint and several liability guarantee |
1055 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
114.33 |
November 9, 2020 |
37.13 |
Joint and several liability guarantee |
1238 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
114.33 |
November 9, 2020 |
37.13 |
Joint and several liability guarantee |
1421 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
152.42 |
November 9, 2020 |
49.5 |
Joint and several liability guarantee |
1603 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
152.42 |
November 9, 2020 |
49.5 |
Joint and several liability guarantee |
1786 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
152.42 |
November 9, 2020 |
49.5 |
Joint and several liability guarantee |
1968 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
152.42 |
November 9, 2020 |
49.5 |
Joint and several liability guarantee |
2151 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
152.42 |
November 9, 2020 |
49.5 |
Joint and several liability guarantee |
2333 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
152.42 |
November 9, 2020 |
49.5 |
Joint and several liability guarantee |
2516 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
95.27 |
November 9, 2020 |
30.94 |
Joint and several liability guarantee |
2699 days |
No |
Yes |
| Yihai Agricultural Development Co., Ltd |
April 29, 2020 |
95.27 |
November 9, 2020 |
30.94 |
Joint and several liability guarantee |
2846 days |
No |
Yes |
| Chongqing Guoxiong Feed Co., Ltd |
October 25, 2019 |
4,000 |
April 16, 2020 |
3,000 |
Joint and several liability |
364 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Chongqing New Hope Feed Co., Ltd |
October 25, 2019 |
6,000 |
April 8, 2020 |
5,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Chongqing New Hope Feed Co., Ltd |
October 25, 2019 |
6,000 |
April 23, 2020 |
5,000 |
Joint and several liability guarantee |
365 days |
No |
Yes |
| Jiangmen Liuhe Feed Co., Ltd |
April 29, 2020 |
4,399.71 |
August 25, 2020 |
3,060 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Jiangmen Liuhe Feed Co., Ltd |
April 29, 2020 |
1,222.14 |
November 9, 2020 |
850 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
2,475.72 |
August 17, 2020 |
864.33 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
486.93 |
August 17, 2020 |
170 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
535.63 |
August 24, 2020 |
187 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
257.67 |
September 21, 2020 |
89.96 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
2,410.32 |
September 25, 2020 |
841.5 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
629.23 |
September 27, 2020 |
219.68 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
348.64 |
October 23, 2020 |
121.72 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
1,687.22 |
October 28, 2020 |
589.05 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
852.13 |
November 12, 2020 |
297.5 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
April 29, 2020 |
316.51 |
November 19, 2020 |
110.5 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Zhanjiang Guoxiong Feed Co., Ltd |
April 29, 2020 |
13,370.47 |
July 14, 2020 |
3,000 |
Joint and several liability |
184 days |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Zhanjiang Guoxiong Feed Co., Ltd |
April 29, 2020 |
4,924.79 |
September 24, 2020 |
1,105 |
Joint and several liability guarantee |
180 days |
No |
Yes |
| Zhanjiang Guoxiong Feed Co., Ltd |
April 29, 2020 |
1,704.74 |
October 21, 2020 |
382.5 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Yangjiang Xinliu Farming Co., Ltd |
April 29, 2020 |
1,000 |
December 22, 2020 |
850 |
Joint and several liability guarantee |
241 days |
No |
Yes |
| Yangjiang Xinliu Farming Co., Ltd |
April 29, 2020 |
1,000 |
December 22, 2020 |
850 |
Joint and several liability guarantee |
325 days |
No |
Yes |
| Yangjiang Xinliu Farming Co., Ltd |
April 29, 2020 |
1,000 |
December 22, 2020 |
850 |
Joint and several liability guarantee |
357 days |
No |
Yes |
| Yangjiang Xinliu Farming Co., Ltd |
April 29, 2020 |
1,000 |
October 30, 2020 |
850 |
Joint and several liability guarantee |
320 days |
No |
Yes |
| Yangjiang Xinliu Farming Co., Ltd |
April 29, 2020 |
1,000 |
October 30, 2020 |
850 |
Joint and several liability guarantee |
350 days |
No |
Yes |
| Nanchong New Hope Feed Co., Ltd |
April 29, 2020 |
382.98 |
September 7, 2020 |
240 |
Joint and several liability guarantee |
369 days |
No |
Yes |
| Nanchong New Hope Feed Co., Ltd |
April 29, 2020 |
1,452.13 |
October 9, 2020 |
910 |
Joint and several liability guarantee |
369 days |
No |
Yes |
| Nanchong New Hope Feed Co., Ltd |
April 29, 2020 |
1,164.89 |
October 28, 2020 |
730 |
Joint and several liability guarantee |
367 days |
No |
Yes |
| Leting Liuhe Xinmeizi Food Co., Ltd |
April 29, 2020 |
6,200 |
October 14, 2020 |
2,480 |
Joint and several liability guarantee |
363 days |
No |
Yes |
| Leting Liuhe Xinmeizi Food Co., Ltd |
April 29, 2020 |
3,800 |
October 16, 2020 |
1,520 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Leting Liuhe Xinmeizi Broiler Breeding Co., Ltd |
April 29, 2020 |
3,000 |
October 10, 2020 |
1,600 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| Sichuan New Hope Liuhe Farming Co., Ltd Chengdu Branch |
April 29, 2020 |
742.74 |
July 6, 2020 |
742.74 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Sichuan New Hope Liuhe |
April 29, 2020 |
177.6 |
July 30, 2020 |
177.6 |
Joint and several |
184 days |
No |
Yes |
| Farming Co., Ltd Chengdu Branch |
|
|
|
|
liability guarantee |
|
|
|
| Sichuan New Hope Liuhe Farming Co., Ltd Chengdu Branch |
April 29, 2020 |
33.12 |
August 7, 2020 |
33.12 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Sichuan New Hope Liuhe Farming Co., Ltd Chengdu Branch |
April 29, 2020 |
193.12 |
August 21, 2020 |
193.12 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Sichuan New Hope Liuhe Farming Co., Ltd Chengdu Branch |
April 29, 2020 |
256 |
September 3, 2020 |
256 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
10.53 |
October 14, 2020 |
10.53 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
300 |
October 21, 2020 |
300 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
121.6 |
October 29, 2020 |
121.6 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
807.8 |
August 7, 2020 |
807.8 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
388.8 |
August 12, 2020 |
388.8 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
123.6 |
November 12, 2020 |
123.6 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
23.2 |
November 17, 2020 |
23.2 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
168 |
August 21, 2020 |
168 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., |
April 29, 2020 |
737.8 |
August 26, 2020 |
737.8 |
Joint and several liability |
184 days |
No |
Yes |
| Ltd |
|
|
|
|
guarantee |
|
|
|
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
27.2 |
August 28, 2020 |
27.2 |
Joint and several liability guarantee |
184 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
851.4 |
September 3, 2020 |
851.4 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
99.6 |
December 4, 2020 |
99.6 |
Joint and several liability guarantee |
90 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
326.8 |
December 11, 2020 |
326.8 |
Joint and several liability guarantee |
90 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
465.83 |
September 18, 2020 |
465.83 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
22 |
December 18, 2020 |
22 |
Joint and several liability guarantee |
90 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
1,272.12 |
September 22, 2020 |
1,272.12 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
91.9 |
September 25, 2020 |
91.9 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
125.6 |
December 25, 2020 |
125.6 |
Joint and several liability guarantee |
90 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
76.56 |
October 14, 2020 |
76.56 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
345.01 |
October 21, 2020 |
345.01 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
360.32 |
October 23, 2020 |
360.32 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
247.83 |
October 29, 2020 |
247.83 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
1,976.88 |
November 4, 2020 |
1,976.88 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
289.39 |
November 12, 2020 |
289.39 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
21.12 |
November 17, 2020 |
21.12 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
157.36 |
November 20, 2020 |
157.36 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
274.56 |
November 26, 2020 |
274.56 |
Joint and several liability guarantee |
181 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
200 |
December 2, 2020 |
200 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
2,039.76 |
December 4, 2020 |
2,039.76 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
660.94 |
December 11, 2020 |
660.94 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
April 29, 2020 |
546.38 |
December 18, 2020 |
546.38 |
Joint and several liability guarantee |
182 days |
No |
Yes |
| Anyang New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
2,000 |
April 30, 2020 |
106.09 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Kunming New Hope Animal Nutritious Food Co., Ltd |
April 1, 2020 |
1,500 |
April 30, 2020 |
135.79 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Hebei New Hope Feed Co., Ltd |
April 1, 2020 |
600 |
April 30, 2020 |
3.45 |
Joint and several liability |
One year |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Shanxian Liuhe Feed Co., Ltd |
April 1, 2020 |
700 |
April 30, 2020 |
37.38 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Ermeishan New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
1,000 |
April 30, 2020 |
19.85 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Guanghan Guoxiong Feed Co., Ltd |
April 1, 2020 |
800 |
April 30, 2020 |
15.62 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Xuancheng Liuhe Feed Co., Ltd |
April 1, 2020 |
350 |
April 30, 2020 |
151.61 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Fuyang Liuhe Feed Co., Ltd |
April 1, 2020 |
600 |
April 30, 2020 |
58.45 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Maoming Liuhe Feed Co., Ltd |
April 1, 2020 |
2,000 |
April 30, 2020 |
164.65 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Jieyang Guoxiong Feed Co., Ltd |
April 1, 2020 |
5,000 |
April 30, 2020 |
70.02 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Zhanjiang Guoxiong Feed Co., Ltd |
April 1, 2020 |
5,000 |
April 30, 2020 |
42.6 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Nanning New Hope Farming Technology Co., Ltd |
April 1, 2020 |
1,800 |
April 30, 2020 |
269.57 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Wuzhou New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
2,000 |
April 30, 2020 |
83.26 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Juxian LIuhe Xingrun Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
5.59 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Wudi Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
0.06 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Qingyun Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
18.3 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Binzhou Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
6.68 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Liuhe Feed (Huaian) Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
0.63 |
Joint and several liability |
One year |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Nantong New Hope Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
13.28 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Jiangxi New Hope Farming Technology Co., Ltd |
April 1, 2020 |
6,000 |
April 30, 2020 |
30.63 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Yingtan New Hope Feed Co., Ltd |
April 1, 2020 |
5,000 |
April 30, 2020 |
0.48 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Yichun New Hope Farming Technology Co., Ltd |
April 1, 2020 |
2,000 |
April 30, 2020 |
1.54 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Hainan Dengmai New Hope Farming Co., Ltd |
April 1, 2020 |
3,500 |
April 30, 2020 |
756.18 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Hubei Tuanfeng New Hope Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
5.73 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Huanggang New Hope Feed Technology Co., Ltd |
April 1, 2020 |
800 |
April 30, 2020 |
115.63 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Huaihua New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
800 |
April 30, 2020 |
405.29 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Chenzhou Hope Feed Co., Ltd |
April 1, 2020 |
1,200 |
April 30, 2020 |
93.5 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Changyi Liuhe Xinrong Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
0.01 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Zhucheng New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
0.01 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Weifang Liuhe Feed Co., Ltd |
April 1, 2020 |
2,400 |
April 30, 2020 |
103.51 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Sanyuan New Hope Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
51.05 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Liaocheng Liuhe Feed Co., Ltd |
April 1, 2020 |
600 |
April 30, 2020 |
17.08 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Juye Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
38.14 |
Joint and several liability |
One year |
No |
Yes |
|
|
|
|
|
guarantee |
|
|
|
| Shouguang Liuhe Dingtai Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
59.96 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Anqiu Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
18.09 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Laiyang New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
27.05 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Wendeng Liuhe Feed Co., Ltd |
April 1, 2020 |
6,000 |
April 30, 2020 |
5.73 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Laiyang Liuhe Feed Co., Ltd |
April 1, 2020 |
2,000 |
April 30, 2020 |
14.34 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Yantai Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
28.5 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Caoxian Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
28.38 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Yuncheng Dingtai Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
28.71 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Heze Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
31.6 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Liuhe Feed (Feicheng) Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
18.44 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Zoucheng New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
600 |
April 30, 2020 |
19.42 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Zunyi Jiahao Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
0.67 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Qiandongnan New Hope Farming Technology Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
1.33 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Shenyang New Hope Farming Technology Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
2.01 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Changtu Liuhe Farming Co., |
April 1, 2020 |
500 |
April 30, 2020 |
10.08 |
Joint and several |
One year |
No |
Yes |
| Ltd |
|
|
|
|
liability guarantee |
|
|
|
| Panjin Liuhe Farming Co., Ltd Feed Branch |
April 1, 2020 |
600 |
April 30, 2020 |
31.69 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Nanchong New Hope Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
1.39 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Weifang New Hope Liuhe Feed Technology Co., Ltd |
April 1, 2020 |
1,500 |
April 30, 2020 |
6.8 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Beijing New Hope Farming Technology Co., Ltd |
April 1, 2020 |
2,000 |
April 30, 2020 |
9.51 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Yishui Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
272.24 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Zaozhuang New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
40.7 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Linyi New Hope Liuhe Feed Co., Ltd |
April 1, 2020 |
800 |
April 30, 2020 |
103.46 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Guangzhou Liuhe Feed Co., Ltd |
April 1, 2020 |
10,000 |
April 30, 2020 |
43.72 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Jiangmen Liuhe Feed Co., Ltd |
April 1, 2020 |
10,000 |
April 30, 2020 |
125.32 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Linmu Liuhe Feed Co., Ltd |
April 1, 2020 |
500 |
April 30, 2020 |
2.25 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Yinan Liuhe Zhengzhuang Feed Co., Ltd |
April 1, 2020 |
1,500 |
April 30, 2020 |
26.52 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Taian Liuhe Jingwei Farming Co., Ltd’s feed mill |
April 1, 2020 |
600 |
April 30, 2020 |
74.24 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Henan Liuhe Beixu Feed Co., Ltd |
April 1, 2020 |
3,000 |
April 30, 2020 |
8.39 |
Joint and several liability guarantee |
One year |
No |
Yes |
| Total guarantee amount to subsidiaries approved during the reporting period (B1) |
2,718,474.47 |
Total amount of guarantees to subsidiaries actually incurred during the reporting period (B2) |
1,514,241.02 |
| Total guarantee amount to subsidiaries approved at the end of the reporting period (B3) |
3,874,068.37 |
Total actual balance of guarantees to subsidiaries at the end of reporting period (B4) |
1,588,309.37 |
| Guarantees provided by subsidiaries for subsidiaries |
|---|
| Name of guarantee beneficiary |
Date of related announcement and disclosure of guaranteed amount |
Guaranteed amount |
Date actually incurred |
Amount actually guaranteed |
Type of guarantee |
Guarantee period |
Whether performance was completed |
Whether related-party guarantee or not |
|---|
| Fuxin Liuhe Farming Co., Ltd |
October 25, 2019 |
10,000 |
April 2, 2020 |
5,000 |
Joint and several liability guarantee |
364 days |
No |
Yes |
| New Hope Tarlac Agriculture Inc. |
April 29, 2020 |
18,200 |
October 16, 2020 |
1,616.85 |
Joint and several liability guarantee |
94 days |
No |
Yes |
| New Hope Isabela Agriculture Inc. |
April 29, 2020 |
135.48 |
October 19, 2020 |
135.87 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| New Hope Isabela Agriculture Inc. |
April 29, 2020 |
272 |
October 7, 2020 |
271.74 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| New Hope Isabela Agriculture Inc. |
April 29, 2020 |
136 |
October 5, 2020 |
135.87 |
Joint and several liability guarantee |
94 days |
No |
Yes |
| New Hope Central Luzon Agriculture Inc. |
April 29, 2020 |
2,187 |
November 12, 2020 |
271.74 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| New Hope Central Luzon Agriculture Inc. |
April 29, 2020 |
15,529 |
October 5, 2020 |
1,929.34 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| New Hope Central Luzon Agriculture Inc. |
April 29, 2020 |
4,484 |
October 21, 2020 |
557.07 |
Joint and several liability guarantee |
92 days |
No |
Yes |
| Total guarantee amount to subsidiaries approved during the reporting period (C1) |
33,501.48 |
Total amount of guarantees to subsidiaries actually incurred during the reporting period (C2) |
9,918.48 |
| Total guarantee amount to subsidiaries approved at the end of the reporting period (C3) |
50,943.48 |
Total actual balance of guarantees to subsidiaries at the end of reporting period (C4) |
9,918.48 |
| Total corporate guarantees (i.e., total of the top three) |
|---|
| Total amount of guarantees approved during the reporting period (A1+B1+C1) |
2,751,975.95 |
Total amount of guarantees actually incurred during the reporting period (A2+B2+C2) |
1,524,159.5 |
| Total amount of guarantees approved at the end of the reporting period |
3,925,011.85 |
Total actual balance of guarantees at the end of reporting period |
1,598,227.85 |
| (A3+B3+C3) |
|
(A4+B4+C4) |
|
| Percentage of total amount actually guaranteed (i.e., A4+B4+C4) in the company’s net assets |
40.11% |
| Wherein: |
|---|
| Balance of guarantees provided for shareholders, actual controller and their related parties (D) |
0 |
| Balance of debt guarantees provided directly or indirectly for the guaranteed subjects each with asset-liability ratio of over 70% (E) |
998,841 |
| Amount of total guarantees in excess of 50% of net assets (F) |
0 |
| Total amount of the aforesaid three guarantees (D+E+F) |
998,841 |
Remarks on details of guarantees provided in the composite form
(2) Illegal external guarantees
□ applicable √ not applicable
The company had no illegal external guarantees during the reporting period.
3. Cash asset management by others upon request
(1) Entrusted wealth management
□ applicable √ not applicable
The company had no entrusted wealth management during the reporting period.
(2)Entrusted loans
□ applicable √ not applicable
The company had no entrusted loans during the reporting period.
4. Significant contracts for daily operations
□ applicable √ not applicable
5. Other significant contracts
□ applicable √ not applicable
The company had no other significant contracts during the reporting period.
XVIII. Social responsibility
1. Fulfillment of social responsibility
As detailed in the Corporate Social Responsibility Report 2020 published bythe company on cninfo.com.cn on April 30, 2021.
2. Fulfillment of social responsibility for targeted poverty alleviation
(1) Targeted poverty alleviation program
Centered on poverty alleviation by developing industries, supported by other poverty alleviation efforts such as educational poverty alleviation, poverty alleviation by employment and poverty alleviation by donations. Basic principle: give priorities to the objective of helping poor households increase income in line with the principle of “based on industry and win-win for multiple stakeholders”
The overall goal is to help at least 5,000 registered poverty-stricken people out of poverty during the three-year period from 2018 to 2020, without upper limit on the number of beneficiaries of income generation, with no less than 2,000 impoverished persons targeted for poverty alleviation in 2020.
(2) Annual targeted poverty alleviation outline
With the support of various poverty alleviation policies enacted by the government, the company, relying upon its farming, feed, slaughtering and other business advantages, realized the win-win situation for the state, companies, major farming households and poverty-stricken households through the “3+N” and “4+N” poverty alleviation models, by forming communities of interests between registered poor households and the company’s farming bases and bringing steady streams of revenue to poor households.
In 2020, the company invested 1.34 billion Yuan in 10 programs of poverty alleviation through industrial development, helping 85,531 registered impoverished persons increase income and out of poverty, exceeding the three-year overall goal of poverty alleviation across the board.
(3) Results of targeted poverty alleviation
| Indicator |
Unit of measure |
Quantity/progress |
|---|
| I. Overall situation |
----- |
----- |
|---|
| Wherein: 1. Funds |
10,000 Yuan |
134,000 |
| 2. Number of registered poor people lifted out of poverty |
Person |
85,531 |
| II. Itemized investment |
----- |
----- |
| 1. Poverty alleviation through industrial development |
----- |
----- |
| Wherein: 1.1. Types of projects of poverty alleviation through industrial development |
----- |
Poverty relief through farming and forestry industries |
| 1.2 Number of projects of poverty alleviation through industrial development |
Project |
10 |
| 1.3 Amount invested in projects of poverty alleviation through industrial development |
10,000 Yuan |
134,000 |
| 1.4 Number of registered poor people lifted out of poverty |
Person |
85,531 |
| 2. Poverty relief through transfer of employment |
----- |
----- |
| 3. Poverty relief through relocation of impoverished residents |
----- |
----- |
| 4. Poverty relief through education |
----- |
----- |
| 5. Poverty relief through healthcare |
----- |
----- |
| 6. Poverty relief through ecological protection |
----- |
----- |
| 7. Bottom-line safeguards |
----- |
----- |
| 8. Poverty relief through social undertakings |
----- |
----- |
| 9. Other projects |
----- |
----- |
| III. Awards received (content and level) |
----- |
----- |
(4) Subsequent targeted poverty alleviation plans
In the next five years, the company will conduct five programs to help with rural revitalization. The company will invest 50.0 billion Yuan in revitalization of rural industries, provide additional 50,000 jobs, provide free training to 50,000 new farmers, financially help small and micro-businesses in rural areas, serve 50,000 agro-related entities, build 5 rural revitalization demonstration bases and create templates of digital rural revitalization.
3. Details related to environmental protection
Whether the listed company and its subsidiaries are key emitters announced by the environmental protection department √ Yes □ No
| Name of company or subsidiary |
Name of key pollutant and characteristic pollutant |
Way of discharge |
Number of discharge outlets |
Distribution of discharge outlets |
Emission concentration |
Pollutant emission standards implemented |
Total emissions |
Approved total emissions |
Standard-exceeding emissions |
| Linyi Liuhe Food Co., Ltd |
Waste gases: nitrogen oxides, particulates, sulfur dioxide, hydrogen sulfide, ammonia, odor concentration wastewater: chemical oxygen demand, ammonia nitrogen, total nitrogen, total phosphorus, pH value, five-day biochemical oxygen demand, animal and vegetable oils, suspended solids, coliform bacteria. |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
6 (5 for waste gases, 1 for wastewater) |
Waste gases: east side of the factory premises of the company wastewater: south side of the west gate to the company |
COD：450mg/L Total nitrogen：50mg/L Ammonia nitrogen：35mg/L Total phosphorus：6mg/L pH：6-8.5 Suspended solids：200mg/L BOD5：120mg/L Animal and vegetable oils：50mg/L Nitrogen oxides ：150mg/Nm3 Sulfur dioxide：50mg/Nm3 Fumes ：10mg/Nm3 |
Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 Agreements with sewage treatment plants Malodorous Pollutant Discharge Standard GB 14554-93, Boiler Air Pollutant Discharge Standard GB 13271-2014, Emission Standard for Boiler Air Pollutants DB37 2374-2018 |
COD：486t/a; ammonia nitrogen：37.82t/a |
COD：486t/a; ammonia nitrogen ：37.82t/a |
None |
| Qiuxian Liuhe Kangyua n Food Co., Ltd |
Waste gases (sulfur dioxide, nitrogen oxides) wastewater (COD, ammonia nitrogen, five-day biochemical oxygen demand, particulates, animal and vegetable oils, SS, pH value) |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
7 (discharge outlets of original 3t/d boiler, discharge outlets of 3 photo oxidation machines, additional discharge |
Waste gases: east side of the factory premises wastewater: south side of the factory premises |
100 mg/m3 of sulfur dioxide, 400 mg/m3 of nitrogen oxides, PH6-9, SS70mg/L, COD300mg/L, animal and vegetable oils 100mg/L, ammonia nitrogen 25mg/L, BOD5 100mg/L |
"Boiler Air Pollutant Standard” (GB13271-2001) Class II Time Period third level standard in Table 3 of the “Meat Processing Industry Water Pollutant Discharge Standard”（GB13457-92）, while meeting the incoming water quality requirements of Qiu County Sewage Treatment |
COD 11.18t/a，ammonia nitrogen 0.5t/a，sulfur dioxide 0.222t/a，nitrogen oxides 1.207 t/a |
COD11.18t/a，ammonia nitrogen 0.5/a，sulfur dioxide 0.2222t/a，nitrogen oxides 1.207t/a |
None |
|
|
|
outlets of 6t/d boiler and 1 discharge outlet for duck feather drying) |
|
|
Plant |
|
|
|
| Linyi Liuhe Hongche n Farming Co., Ltd |
Ammonia (ammonia gas), particulates, smoke blackness (Ringelman blackness, scale), sulfur dioxide, nitrogen oxides, odor concentration, hydrogen sulfide, Ringelman blackness COD, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), pH, suspended matter, animal and vegetable oils, BOD5, fecal coliform bacteria |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
2 (1 for waste gases, 1 for wastewater) |
Waste gases: east side of the plant premises wastewater: west side of the plant premises |
COD：500mg/L Total nitrogen：70mg/L Ammonia nitrogen：45mg/L Total phosphorus：8mg/L pH：6-8.5 Suspended solids：300mg/L BOD5：250mg/L Animal and vegetable oils: 50mg/L |
Boiler Air Pollutant Emission Standard DB37 2374-2018 Malodorous Pollutant Emission Standard GB 14554-93 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
COD 1.7t/a; Ammonia nitrogen 0.3t/a |
No total quantity requirements |
None |
| Lanling New Hope Liuhe Hongjun Food Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration, sulfur dioxide, nitrogen oxides, particulates, Ringelmann blackness Wastewater: COD, pH value, dissolved total solids, |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
4 (3 for waste gases, 1 for wastewater) |
East side of the factory premises |
Ammonia nitrogen <5mg/L, COD<50mg/L; Boiler<50mg/Nm3, odor concentration 2000mg/Nm3， |
Boiler Air Pollutant Emission Standard DB37 2374-2018, Malodorous Pollutant Emission Standard GB 14554-93 Notice on Approval and Publication of the Modification Forms for four standards including the |
COD 13.1t/a, ammonia nitrogen 1.3t/a |
COD 13.1t/a, ammonia nitrogen 1.3t/a |
None |
|
ammonia nitrogen (NH3-N), total nitrogen (N), total phosphorus (P), suspended solids, BOD5, flow rate, animal and vegetable oil, total coliform groups. |
|
|
|
|
Comprehensive Emission Standard of Water Pollutants Along the South-to-North Water Transfer Project of Shandong Province (Luzhijianbiaofa [2011] 35), Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
|
|
|
| Pingyi Refrigera tion Factory of Shandon g New Hope Liuhe Group Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration, sulfur dioxide, nitrogen oxides, particulates, Ringelmann blackness Wastewater: COD, pH value, dissolved total solids, ammonia nitrogen (NH3-N), total nitrogen (N), total phosphorus (P), suspended solids, BOD5, flow rate, animal and vegetable oil, total coliform groups. |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
3 (2 for waste gases, 1 for wastewater) |
Waste gas: northwest side of the factory premises and within the factory premises of the company wastewater: northeast side of the company |
Ammonia nitrogen 45mg/l COD 500mg/l Total phosphorus 8mg/l Total nitrogen 70mg/l |
Boiler Air Pollutant Emission Standard DB372374 -2018, Malodorous Pollutant Emission Standard GB 14554-93 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
CODcr 11.8t/a Ammonia nitrogen 0.23t/a Total phosphorus 5.29t/a Total nitrogen 46.3t/a |
CODcr 11.8t/a Ammonia nitrogen 0.23t/a Total phosphorus 5.29t/a Total nitrogen 46.3t/a |
None |
| Qingdao Tianrun Food Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration, sulfur dioxide, nitrogen oxides, particulates, dyeing and |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
3 (2 for waste gases, 1 for wastewater) |
Waste gas: northeast side of the factory premises and within the factory |
COD 50mg/l, ammonia nitrogen 5mg/l, total phosphorus 1mg/l, total nitrogen 20mg/l, pH6-9 |
Catering Industry Oil Fume Emission Standard GB18483-2001, Shandong Provincial Boiler Air Pollutant Emission Standard No. 2 Modification |
CODcr 112.75t/a Ammonia nitrogen 18.792t/a Total nitrogen 46.98t/a |
CODcr 112.75t/a Ammonia nitrogen 18.792t/a Total nitroge |
None |
|
finishing fumes Wastewater: COD, pH value, dissolved total solids, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), suspended solids, BOD5, flow rate, animal and vegetable oil, coliform groups |
|
|
premises of the company wastewater: northwest side of the factory premises |
|
Form for Ultralow Emission Luzhijianbiaofa [2016] No. 46, Malodorous Pollutant Emission Standard GB 14554-93 Comprehensive Emission Standard of Water Pollutants in the Peninsula Basin of Shandong Province DB37/676-2007, Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92 |
|
n 46.98t/a |
|
| Xiaoyi New Hope Liuhe Food Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration, sulfur dioxide, nitrogen oxides, particulates, dyeing and finishing fumes Wastewater: COD, pH value, dissolved total solids, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), suspended solids, BOD5, flow rate, animal and vegetable oil, coliform groups |
Direct discharge after treatment |
4 (3 for waste gases, 1 for wastewater) |
Waste gas: northeast side and southwest side of the factory premises of the company wastewater: Xiaohe discharge outlet south of factory premises |
Ammonia nitrogen：5 COD：50 |
Boiler Air Pollutant Emission Standard GB 13271-2014, Malodorous Pollutant Emission Standard GB 14554-93, Comprehensive Air Pollutant Emission Standard GB16297-1996, Surface Water Environmental Quality Standard GB3838-2002, Pollutant Emission Standard for Urban Sewage Treatment Plants GB 18918-2002 |
CODcr 9.358t/a Ammonia nitrogen 0.936t/a NOx 0.37t/a |
CODcr 9.358t/a Ammonia nitrogen 0.936t/a NOx 0.37t/a |
None |
| Yishui New Hope Liuhe Food Co., |
Waste gas: ammonia (ammonia gas), odor concentration, |
Waste gas: directly discharge after |
1 |
Northwest side of the factory premise |
COD：500mg/L Total nitrogen：70mg/L Ammonia |
Malodorous Pollutant Discharge Standard GB 14554-93, |
CODcr 139.59t/a Ammonia nitrogen |
CODcr 139.59t/a Ammonia |
None |
| Ltd |
hydrogen sulfide Wastewater: COD, pH value, dissolved total solid, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), suspended matter, BOD5, flow rate, animal and vegetable oil, coliform groups |
treatment wastewater: indirect discharge |
|
s |
nitrogen：45mg/L Total phosphorus：8mg/L pH：6-8.5 Suspended solids：200mg/L BOD5：250mg/L Animal and vegetable oils：50mg/L |
Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 |
2.8t/a Total nitrogen 73.58t/a Total phosphorus 8.41t/a |
nitrogen 2.8t/a Total nitrogen 73.58t/a Total phosphorus 8.41t/a |
|
| Guantao Liuhe Food Co., Ltd |
Waste gas: ammonia (ammonia gas), odor concentration, hydrogen sulfide, fumes Wastewater: COD, pH value, dissolved total solids, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), suspended matter, BOD5, flow rate, animal and vegetable oils, coliform groups |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
8 (2 boiler discharge outlets, 4 odor discharge outlets, 1 fume outlet and 1 wastewater discharge outlet) |
Northwest side of the factory premises |
COD：50 mg/L BOD5：10mg/L Ammonia nitrogen：5mg/L SS：10mg/L Animal and vegetable oils：1mg/L |
Discharge Standard for Urban Sewage Treatment Plants (GB18918-2002), Meat Processing Industry Water Pollutant Discharge Standard (GB13457-92), Farmland Irrigation Water Quality Standard (GB5084-2005), Boiler Air Pollutant Emission Standard (GB13271-2014), Catering Industry Oil Fume Emission Standard (trial) (GB18483-2001) |
CODcr 8.115t/a Ammonia nitrogen 0.812t/a SO2：2.276t/a NOx：6.829t/a |
CODcr 8.115t/a Ammonia nitrogen 0.812t/a SO2：2.276t/a NOx：6.829t/a |
None |
| Binzhou Liuhe Longda Farming Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration, particulate matter, sulfur dioxide, Ringelmann blackness, nitrogen oxide Wastewater: COD, pH |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
4 (3 for waste gases, 1 for wastewater) |
Waste gas: east side of the factory premises Wastewater: west side of the factory |
COD：50 mg/L BOD5：10mg/L Ammonia nitrogen：5mg/L SS：10mg/L Animal and vegetable oils：1mg/L |
Malodorous Pollutant Emission Standard GB 14554-93 Boiler Air Pollutant Emission Standard (DB37/2374-2018) Boiler Air Pollutant Emission |
COD 11.85t/a Ammonia nitrogen 0.65t/a |
No total quantity requirements |
None |
|
value, dissolved total solids, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), suspended solids, BOD5, flow rate, animal and vegetable oils, coliform groups |
|
|
premises |
|
Standard (GB13271-2014) Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015 |
|
|
|
| Wudi Liuhe Xinyang Food Co., Ltd |
Waste gas: odor concentration, hydrogen sulfide, ammonia (ammonia gas) Wastewater: COD, ammonia nitrogen (NH3-N), total nitrogen (in N), BOD5, pH value, suspended solids, coliform groups, animal and vegetable oils |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
1 |
South of the factory premises |
COD：500mg/L Total nitrogen：70mg/L Ammonia nitrogen：45mg/L pH：6-8.5 Suspended solids：300mg/L BOD5：250mg/L Animal and vegetable oils：50mg/L |
Malodorous Pollutant Emission Standard GB 14554-93 Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92 |
CODcr 189t/a Ammonia nitrogen 17.01t/a Total nitrogen 26.46t/a |
CODcr 189t/a Ammonia nitrogen 17.01t/a Total nitrogen 26.46t/a |
None |
| Zouping Liuhe Livestock Co., Ltd |
Waste gas: hydrogen sulfide, ammonia (ammonia gas), odor concentration Wastewater: COD, ammonia nitrogen (NH3-N), total nitrogen (in N), pH value, animal and vegetable oils, BOD5, suspended solids, coliform groups |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
1 |
Sewage discharge outlet at the northeast corner of the company |
COD：500mg/L Total nitrogen：70mg/L Ammonia nitrogen：45mg/L Total phosphorus：8mg/L pH：6-8.5 Suspended solids：200mg/L BOD5：250mg/L Animal and vegetable oils：50mg/L |
Malodorous Pollutant Discharge Standard GB 14554-93 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 |
COD:18t/a, Ammonia nitrogen：2.6t/a, Total phosphorus：0.3t/a, Total nitrogen：4.8t/a |
No total quantity requirements |
None |
| Shanxian |
Waste gas: |
Waste |
4 (3 for |
Waste |
COD：500mg/L |
Boiler Air |
COD:405 |
COD:4 |
None |
| Liuhe Feed Co., Ltd Food Branch |
ammonia (ammonia gas), hydrogen sulfide, odor concentration, sulfur dioxide, nitrogen oxides, particulates, Ringelmann blackness Wastewater: COD, pH value, dissolved total solids, ammonia nitrogen (NH3-N), total nitrogen (N), total phosphorus (P), suspended solids, BOD5, flow rate, animal and vegetable oil, total coliform groups. |
gas: directly discharge after treatment wastewater: indirect discharge |
waste gases, 1 for wastewater) |
gas: northwest side of the factory premises wastewater: northeast side of the factory premises |
Total nitrogen：70mg/L Ammonia nitrogen：21mg/L Total phosphorus：8mg/L pH：6-8.5 Suspended solids：300mg/L BOD5：250mg/L Total salt content：1600mg/L |
Pollutant Emission Standard DB37 2374-2018, Malodorous Pollutant Emission Standard GB 14554-93, Shandong Provincial Boiler Air Pollutant Emission Standard "Ultra-low Emission Standard No. 2 Modification Form Luzhijianbiaofa [2016] No. 46, Comprehensive Air Pollutant Emission Standard GB16297-1996 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Notice on the Approval and Publication of the Modification List of Four Standards, Including the Comprehensive Discharge Standard for Water Pollutants Along the South-to-North Water Transfer Project of Shandong Province, Luzhijianbiaofa [2011] No. 35, Notice on the Approval and Issuance of the modification list of four standards including the Comprehensive Discharge Standard for |
t/a, Ammonia nitrogen：28.35t/a, Total nitrogen：94.5t/a |
05t/a, Ammonia nitrogen ：28.35t/a, Total nitrogen ：94.5t/a |
|
|
|
|
|
|
|
Water Pollutants along the South-to-North Water Transfer Project of Shandong Province, adding the limits of total salt content indicator, Luzhijianbiaofa [2014] No. 7 |
|
|
|
| Caoxian Liuhe Food Co. ,Ltd |
Waste gas: hydrogen sulfide, odor concentration, ammonia (ammonia gas) Wastewater: COD, ammonia nitrogen (NH3-N), suspended solids, BOD5, animal and vegetable oils, total coliform groups |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
1 |
West side of the factory premises |
COD：300mg/L Ammonia nitrogen：21mg/L pH：6-8.5 Suspended solids：300mg/L BOD5：250mg/L Animal and vegetable oils：50mg/L |
Malodorous Pollutant Discharge Standard GB 14554-93 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 |
COG15.84T/a Ammonia nitrogen 7.04T/a |
COD16T/a； Ammonia nitrogen 8T/a |
None |
| Jiaxiang New Hope Liuhe Food Co., Ltd |
Waste gas: odor concentration, ammonia (ammonia gas), hydrogen sulfide, particulate matter, malodorous Wastewater: COD, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), pH value, suspended matter, BOD5, animal and vegetable oils, coliform groups |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
5 (4 for waste gases, 1 for wastewater) |
Waste gas: south and east sides of the factory premises Wastewater: west side of the factory premises |
COD230mg/L, ammonia nitrogen 8mg/l, total nitrogen 11mg/L |
Malodorous Pollutant Emission Standard GB 14554-93 Comprehensive Air Pollutant Emission Standard GB16297-1996, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92, Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Comprehensive Sewage Discharge Standard GB8978-1996 |
COD 41.36t/a, ammonia nitrogen 2.8t/a, total nitrogen 76t/a |
COD 45.56t/a Ammonia nitrogen 3.96t/a Total nitrogen 88.83 t/a |
None |
| Yunchen g Liuhe |
Waste gas: odor |
Waste gas: |
2 (1 for waste |
Waste gas: |
COD 34.4mg/I, ammonia nitrogen |
Boiler Air Pollutant |
COD 6.5 t/a |
COD 32.4 t/a |
None |
| Food Co., Ltd |
concentration, ammonia (ammonia gas), hydrogen sulfide, particulate matter, malodorous Wastewater: COD, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), pH value, suspended matter, BOD5, animal and vegetable oils, coliform groups |
directly discharge after treatment wastewater: indirect discharge |
gases, 1 for wastewater) |
north side of the factory premises Wastewater: west side of the factory premises |
1.03 mg/I |
Emission Standard DB37 2374-2018, Malodorous Pollutant Emission Standard GB 14554-93, Comprehensive Air Pollutant Emission Standard GB 16927-1996 Comprehensive Emission Standard for Water Pollutants Along the South-to-North Water Transfer Project in Shandong Province DB37/ 599-2006, Modification Forms DB37/599-2006 for four standards including the Comprehensive Emission Standard of Water Pollutants Along the South-to-North Water Transfer Project in Shandong Province, adding the limit of total nitrogen |
Ammonia nitrogen 0.5t/a |
Ammonia nitrogen 5.4t/a |
|
| Anshan Liuhe Food Co., Ltd |
Waste gas: particulate matter, sulfur dioxide, nitrogen oxides, smoke blackness, mercury and its compounds, hydrogen sulfide, odor concentration, ammonia Wastewater: pH value, COD, total dissolved solids, flow rate, ammonia |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
2 (1 for waste gases, 1 for wastewater) |
Waste gas: northwest side of the factory premises Wastewater: east side of the factory premises |
Suspended solids：300mg/L Coliform groups：10000 /L Ammonia nitrogen（NH3-N）：30mg/L BOD5：250mg/L pH value：6.0-8.5 Total dissolved solids：2000mg/L Animal and vegetable oils: 50mg/L COD: 300mg/L |
Boiler Air Pollutant Emission Standard GB 13271-2014, Malodorous Pollutant Emission Standard GB 14554-93, Comprehensive Air Pollutant Emission Standard GB16297-1996 Comprehensive Sewage Discharge Standard DB 21/1627-2008, |
COD 153 t/a Ammonia nitrogen 15.3t/a |
COD 153 t/a Ammonia nitrogen 15.3t/a |
None |
|
nitrogen (NH3-N), suspended solids, BOD5, animal and vegetable oils, coliform groups |
|
|
|
|
Meat Processing Industry Water Pollutant Emission Standard GB 13457-92, Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015. |
|
|
|
| Panjin Liuhe Farming Co., Ltd |
Waste gas: particulate matter, sulfur dioxide, nitrogen oxides, smoke blackness, mercury and its compounds, hydrogen sulfide, odor concentration, ammonia Wastewater: pH value, COD, total dissolved solids, flow rate, ammonia nitrogen (NH3-N), suspended solids, BOD5, animal and vegetable oils, coliform groups |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
2 (1 for waste gases, 1 for wastewater) |
Waste gas: northwest side of the factory premises wastewater: northeast side of the factory premises |
Suspended solids：20mg/L Coliform groups：10000 /L BOD5：10mg/L Ammonia nitrogen（NH3-N）：8mg/L COD：50mg/L Animal and vegetable oils：20mg/L pH value：6.0-8.5 Total nitrogen（in N）：15mg/L |
Boiler Air Pollutant Emission Standard GB 13271-2014, Malodorous Pollutant Emission Standard GB 14554-93 Comprehensive Sewage Discharge Standard DB 21/1627-2008, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
COD 45t/a, Ammonia nitrogen 7.2t/a Total nitrogen：13.5t/a |
COD 45t/a, Ammonia nitrogen 7.2t/a Total nitrogen ：13.5t/a |
None |
| Donge Liuhe Lvjia Food Co., Ltd |
Waste gas: particulate matter, sulfur dioxide, nitrogen oxides, smoke blackness, mercury and its compounds, hydrogen sulfide, odor concentration, ammonia Wastewater: pH value, COD, total dissolved solids, flow rate, ammonia |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
2 (1 for waste gases, 1 for wastewater) |
Waste gas: northeast side of the factory premises Wastewater: northeast side of the factory premises |
Ammonia nitrogen 4.32 mg/L, COD concentration：49mg/L Odor：724 |
Malodorous Pollutant Emission Standard GB 14554-93, Notice on the Implementation of Special Emission Limits of Air Pollutants in Beijing-Tianjin-Hebei Air Pollution Transmission Channel Cities (Ministry of Environmental Protection Notice No. 9, 2018) Notice on |
Cod:13.100000t/a; ammonia nitrogen：1.300000t/a; total phosphorus ：0.200000t/a; total nitrogen：13.500000t/a |
No total quantity requirements |
None |
|
nitrogen (NH3-N), suspended solids, BOD5, animal and vegetable oils, coliform groups |
|
|
|
|
Approval and Issue of the Modification Forms for four standards including the Comprehensive Emission Standard for Water Pollutants along the South-to-North Water Transfer Project of Shandong Province, Luzhijianbiaofa [2011] No. 35, Water Pollutant Discharge Standard for Meat Processing Industry GB 13457-92 |
|
|
|
| Liaochen g Liuhe Rongda Farming Co., Ltd |
Waste gas: particulate matter, sulfur dioxide, nitrogen oxides, smoke blackness, mercury and its compounds, hydrogen sulfide, odor concentration, ammonia Wastewater: pH value, COD, total dissolved solids, flow rate, ammonia nitrogen (NH3-N), suspended solids, BOD5, animal and vegetable oils, coliform groups |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
2 (1 for waste gases, 1 for wastewater) |
Waste gas: east side of the factory premises Wastewater: east side of the factory premises |
CODcr≤300mg/L, BOD5≤150mg/L, SS≤200mg/L, NH3-N≤20mg/L, TP≤5mg/L, TN≤45mg/L |
Malodorous Pollutant Discharge Standard GB 14554-93, Announcement on the Implementation of Special Air Pollutant Emission Limits for Cities in Beijing-Tianjin-Hebei Air Pollution Transmission Channel Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92, Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015 |
COD:708.75t/a Ammonia nitrogen：63.7875 |
COD:708.75t/a Ammonia nitrogen ：63.7875 |
None |
| Shenxian New Hope Liuhe Qingsizh ai Food Co., Ltd |
Waste gas: particulate matter, sulfur dioxide, nitrogen oxides, smoke blackness, |
Waste gas: directly discharge after treatment wastewat |
4 (3 for waste gases, 1 for wastewater) |
Waste gas: within the factory premises |
CODcr 50mg/L, BOD5 10mg/L, NH3-N 5mg/L, Animal and vegetable oils 3mg/L |
Malodorous Pollutant Emission Standard GB 14554-93 DB/372376-2013 Shandong |
COD:25.2t/a Ammonia nitrogen：2.52t/a |
COD:25.2t/a Ammonia nitrogen ：2.52t/a |
None |
|
mercury and its compounds, hydrogen sulfide, odor concentration, ammonia Wastewater: pH value, COD, total dissolved solids, flow rate, ammonia nitrogen (NH3-N), suspended solids, BOD5, animal and vegetable oils, coliform groups |
er: indirect discharge |
|
Wastewater: north side of the factory premises |
|
Provincial Comprehensive Air Pollutant Emission Standard No. 2 Modification Form Luzhijianbiaofa (2016) No. 46 Down Industry Water Pollutant Emission Standard GB 21901-2008, Notice on Approval and Issue of Modification Forms for four standards including the Comprehensive Emission Standard for Water Pollutants Along the South-to-North Water Transfer Line of Shandong Province " Luzhijianbiaofa[2011] 35, Water Pollutant Discharge Standard for Meat Processing Industry GB 13457-92 |
|
|
|
| Yanggu Liuhe Luxin Food Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration, particulate matter, nitrogen oxide, sulfur dioxide, Ringelmann blackness Wastewater: pH value, COD, BOD5, suspended matter, ammonia nitrogen (NH3-N), total nitrogen (in N), total |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
3 (2 for waste gases, 1 for wastewater) |
Waste gas: northeast of the factory premises Wastewater: northeast side of the factory premises |
Ammonia nitrogen：5mg/L. COD: 40mg/L. Total nitrogen: 15mg/L. Total phosphorus: 0.5mg/L |
Malodorous Pollutant Emission Standard GB 14554-93, Comprehensive Air Pollutant Emission Standard GB16297-1996, Notice on the Implementation of Special Air Pollutant Emission Limits in Beijing-Tianjin-Hebei Air Pollution Transmission Channel Cities (Ministry of Environmental |
COD:24.6t/a Ammonia nitrogen：1.04t/a |
COD:24.6t/a Ammonia nitrogen ：1.04t/a |
None |
|
phosphorus (in P), animal and vegetable oils, coliform groups, anionic surfactant |
|
|
|
|
Protection Notice No. 9, 2018) Notice on Approval and Issue of the Modification Forms for Four Standards including the" Comprehensive Emission Standard for Water Pollutants Along the South-to-North Water Transfer Project of Shandong Province" Luzhijianbiaofa [2011] 35, Comprehensive Discharge Standard for Water Pollutants along the South-to-North Water Transfer Project in Shandong Province: DB37/ 599--2006, Meat Processing Industry Water Pollutant Discharge standard GB 13457-92, Down Industry Water Pollutant Discharge Standard GB 21901 -2008 |
|
|
|
| Weifang Tianhui Food Co., Ltd |
Waste gas: particulate matter, hydrogen sulfide, ammonia (ammonia gas), odor concentration, sulfur dioxide, nitrogen oxides, Ringelmann blackness Wastewater: COD, ammonia |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
2 (1 for waste gases, 1 for wastewater) |
Waste gas: north side within the factory premises Wastewater: south side within the factory premise |
COD 500mg/L , Ammonia nitrogen 45mg/L, Total phosphorus 8mg/L, Total nitrogen 8mg/L, |
Shandong Provincial Comprehensive Emission Standard for Regional Air Pollutants DB37/2376-2013, Malodorous Pollutant Emission Standard GB 14554-93, Boiler Air Pollutant Emission Standard DB37 |
COD:225t/a Ammonia nitrogen：20.25t/a Total nitrogen：31.5t/a |
COD:225t/a Ammonia nitrogen ：20.25t/a Total nitrogen ：31.5t/a |
None |
|
nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), pH value, BOD5, suspended solids, animal and vegetable oils, coliform groups, anionic surfactant |
|
|
s |
|
2374-2018 Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92, Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015 |
|
|
|
| Weifang Hesheng yuan Food Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration, fumes, Ringelmann blackness, particulate matter, sulfur dioxide, nitrogen oxides Wastewater: COD, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in P), pH value, suspended solids, BOD5, coliform groups, animal and vegetable oils |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
5 (4 for waste gases, 1 for wastewater) |
Waste gas: northwest side of the factory premises, east side inside the factory premises Wastewater: northeast side of the factory premises |
COD 70mg/L , Ammonia nitrogen 10mg/L, |
Malodorous Pollutant Emission Standard GB 14554-93, Catering Industry Oil Fume Emission Standard DB37/ 597-2006, Boiler Air Pollutant Emission Standard DB37 2374-2018 Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92, Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015 |
COD:667.7t/a Ammonia nitrogen：60.093t/a Total nitrogen：93.478t/a |
COD:667.7t/a Ammonia nitrogen ：60.093t/a Total nitrogen ：93.478t/a |
None |
| Luoyang Liuhe Huiquan Food Co., Ltd |
Waste gas: ammonia (ammonia gas), odor concentration, hydrogen sulfide, fumes Wastewater: COD, ammonia nitrogen (NH3-N), total phosphorus (in P), pH value, BOD5, suspended |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
2 (1 for waste gases, 1 for wastewater) |
Waste gas: east side of the factory premises Wastewater: southwest side of the factory premises |
COD：70mg/L Ammonia nitrogen：15mg/L pH：6-8.5 Total phosphorus：0.5mg/L Suspended solids：60mg/L BOD5：25mg/L Animal and vegetable oils：15mg/L Coliform groups：5000 /L Fumes ： |
Catering Industry Oil Fume Emission Standard GB18483-2001, Malodorous Pollutant Emission Standard GB 14554-93 Meat Processing Industry Water Pollutant Emission Standard GB 13457-92, |
COD:10t/a Ammonia nitrogen：2.43t/a |
COD:10t/a Ammonia nitrogen ：2.43t/a |
None |
|
solids, animal and vegetable oils, coliform groups. |
|
|
|
2.0mg/Nm³ |
Comprehensive Sewage Discharge Standard GB8978-1996 |
|
|
|
| Hebi Liuhe Zhizhen Food Co., Ltd |
Waste gas: odor concentration, ammonia (ammonia gas), hydrogen sulfide Wastewater: COD, ammonia nitrogen (NH3-N), pH value, suspended solids, BOD5, animal and vegetable oils, coliform groups, total nitrogen(in N), total phosphorus (in P) |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
1 |
Northeast corner of the factory premises |
COD45mg/L，ammonia nitrogen 0.5mg/L，total phosphorus 4mg/L，total nitrogen 35mg/L, |
COD350mg/L，ammonia nitrogen 35mg/L，total phosphorus 4mg/L，total nitrogen 45mg/L, |
COD14.6415t/a，ammonia nitrogen 1.3359t/a |
COD64.1232t/a，ammonia nitrogen 10.6872t/a |
None |
| Laiwu New Hope Liuhe Food Co., Ltd |
Waste gas: sulfur dioxide, nitrogen oxides, soot, ammonia (ammonia gas), hydrogen sulfide, odor concentration Wastewater: COD, ammonia nitrogen (NH3-N), pH value, BOD5, total nitrogen (in N), total phosphorus (in P), animal and vegetable oils, suspended solids |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
7 (6 for waste gases, 1 for wastewater) |
Waste gas: north side of the factory premises Wastewater: north side of the factory premises |
COD：500mg/L Ammonia nitrogen：45mg/L Total nitrogen：70mg/L pH：6.5-9.5 Total phosphorus：8mg/L Suspended solids：400mg/L BOD5：350mg/L Animal and vegetable oils：100mg/L Nitrogen oxides：200mg/Nm3 Sulfur dioxide：50mg/Nm3 Fumes ：10mg/Nm3 |
Malodorous Pollutant Discharge Standard GB 14554-93, " Provincial Boiler Air Pollutant Emission Standard "Ultra-low Emission Standard No. 2 Modification Form Luzhijianbiaofa [2016] No. 46, Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015 |
COD:675t/a Ammonia nitrogen：60.75t/a Particulate matter：0.2t/a SO2:0.1t/a NOx:0.406t/a |
COD:675t/a Ammonia nitrogen ：60.75t/a Particulate matter：0.2t/a SO2:0.1t/a NOx:0.406t/a |
None |
| Dezhou Liuhe Zhikang Food Co., Ltd |
Waste gas: sulfur dioxide, nitrogen oxides, soot, ammonia (ammonia gas), hydrogen sulfide, odor concentration |
Waste gas: directly discharge after treatment wastewater: indirect |
3 (2 for waste gases, 1 for wastewater) |
Waste gas: north side of the factory premises Wastew |
COD：500mg/L Ammonia nitrogen：45mg/L Total nitrogen：70mg/L pH：6.0-8.5 Total phosphorus：8mg/L |
Boiler Air Pollutant Emission Standard DB372374 -2018, Boiler Air Pollutant Emission Standard GB |
COD:23.3t |
COD:23.3t |
None |
|
Wastewater: COD, ammonia nitrogen (NH3-N), pH value, BOD5, total nitrogen (in N), total phosphorus (in P), animal and vegetable oils, suspended solids |
discharge |
|
ater: north side of the factory premises |
Suspended solids：300mg/L BOD5：250mg/L Animal and vegetable oils：50mg/L Ringelmann blackness：level 1 Nitrogen oxides：150mg/Nm3 Sulfur dioxides：50mg/Nm3 Fumes ：10mg/Nm3 |
13271-2014, Malodorous Pollutant Emission Standard GB 14554-93 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
|
|
|
| Feixian Liuhe Huahai Food Co., Ltd |
Waste gas: odor concentration, ammonia (ammonia gas), hydrogen sulfide Wastewater: COD, ammonia nitrogen (NH3-N), pH value, suspended solids, BOD5, animal and vegetable oils, coliform groups, total nitrogen(in N), total phosphorus (in P) |
Indirect discharge |
1 |
South side of the factory premises |
COD：50mg/L Ammonia nitrogen：5mg/L Total phosphorus：0.3mg/L pH：6-8.5 Suspended solids：20mg/L Total nitrogen：20mg/L BOD5：10mg/L Animal and vegetable oils：3mg/L Coliform groups：10000 /L |
Malodorous Pollutant Discharge Standard GB 14554-93, Notice on Approval and Issue of the Modification Forms for Four Standards Including the Comprehensive Discharge Standard for Water Pollutants Along the South-to-North Water Transfer Project of Shandong Province Luzhijianbiaofa [2011] No. 35, Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92, Comprehensive Discharge Standard for Water Pollutants Along the South-to-North Water Transfer Project in Shandong Province DB37/ 599-2006, |
COD:11.6t/a Ammonia nitrogen：1.16t/a Total nitrogen：14t/a Total phosphorus:0.63t/a |
COD:11.6t/a Ammonia nitrogen ：1.16t/a Total nitrogen：14t/a Total phosphorus:0.63t/a |
None |
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Modification Forms DB37 / 599-2006 for Four Standards including the Comprehensive Discharge Standard for Water Pollutants along the South-to-North Water transfer Project in Shandong Province, adding the limit of total nitrogen. |
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| Fuxin Liuhe Farming Co., Ltd Food Branch |
Waste gas: nitrogen oxides, fume blackness, particulate matter, sulfur dioxide, ammonia (ammonia gas), hydrogen sulfide, odor concentration Wastewater: COD, suspended solids, ammonia nitrogen (NH3-N), pH value, BOD5, animal and vegetable oils, coliform groups |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
3 (2 for waste gases, 1 for wastewater) |
Waste gas: northwest and south side of the factory premises Wastewater: west side of the factory premises |
COD：300mg/L Ammonia nitrogen：30mg/L pH：6-8.5 Suspended solids：300mg/L BOD5：250mg/L Animal and vegetable oils：50mg/L |
Boiler Air Pollutant Emission Standard GB 13271-2014, Malodorous Pollutant Emission Standard GB 14554-93 Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92, Comprehensive Sewage Discharge Standard DB 21/1627-2008 |
CODcr：78.61t/a Ammonia nitrogen:7.86t/a |
CODcr：78.61t/a Ammonia nitrogen:7.86t/a |
None |
| Taiqian New Hope Liuhe Luxin Food Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration, particulate matter, nitrogen oxides, sulfur dioxide, Ringelmann blackness Wastewater: COD, ammonia nitrogen (NH3-N), total |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
4 (3 for waste gases, 1 for wastewater) |
Waste gas discharge outlet: at the sewage treatment plant in the northwest corner of the factory premises Wastew |
NOx: 150mg/m3 SO2: 50mg/m3 Fume particles: 20mg/m3 Benchmark oxygen content: 3.5% Fume blackness: level 1 |
Boiler Air Pollutant Emission Standard GB 13271-2014, Provincial Program for Integrated Boiler Renovation 2019 Malodorous Pollutant Emission Standard GB 14554-93 Water Pollutant Emission Standard for Meat Processing |
COD 236t/a; Ammonia nitrogen 2.3t/a |
None |
None |
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phosphorus (in P), pH value, BOD5, suspended solids, animal and vegetable oils, coliform groups |
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ater discharge outlet |
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Industry GB 13457-92 |
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| Leting Liuhe Xinmeizi Food Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration wastewater: COD, ammonia nitrogen, total nitrogen, animal and vegetable oils, suspended solids, fecal coliform, BOD5 |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
4 (2 for waste gases, 1 for wastewater) |
Waste gas discharge outlet: sewage treatment plant in the northwest corner of the factory premises, and production shops Wastewater discharge outlet: sewage treatment plant |
COD 500mg/L Ammonia nitrogen 45mg/L Total phosphorus 8mg/L pH6-8.5mg/L Suspended solids 300mg/L Total nitrogen: 70mg/L BOD5 250mg/L Animal and vegetable oils 50mg/L |
Malodorous Pollutant Emission Standard GB 14554-93 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
COD:9.31t/a Ammonia nitrogen：5.87t/a Total nitrogen（in N）：40.5t/a |
COD:9.31t/a Ammonia nitrogen ：5.87t/a Total nitrogen（in N）：40.5t/a |
None |
| Qixia Refrigera tion Factory of Shandon g New Hope Liuhe Group Co., Ltd |
Waste gas: ammonia (ammonia gas), hydrogen sulfide, odor concentration wastewater: COD, ammonia nitrogen, total nitrogen, animal and vegetable oils, suspended solids, fecal coliform, BOD5 |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
4 (3 for waste gases, 1 for wastewater) |
Waste gas discharge outlet: sewage treatment plant in the northeast corner of the factory premises, and production shops Wastewater discharge |
Ammonia nitrogen: 5m/L COD 50mg/l pH: 6-9 |
Malodorous Pollutant Emission Standard GB 14554-93 Boiler Air Pollutant Discharge Standard DB37 2374-2018 Comprehensive Emission Standard of Water Pollutants in the Peninsula Basin of Shandong Province DB37/676-2007, Water Pollutant Emission Standard for Meat Processing Industry GB |
COD:14.4t/a Ammonia nitrogen：1.5t/a |
COD:14.4t/a Ammonia nitrogen：1.5t/a |
None |
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outlet: sewage treatment plant |
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13457-92 |
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| Laiyang Tianye Food Co., Ltd |
Waste gas: odor concentration, ammonia (ammonia gas), hydrogen sulfide, sulfur dioxide, nitrogen oxides, particulates, fume blackness (Ringelmann blackness, scale) Wastewater: COD, ammonia nitrogen (NH3-N), pH value, suspended solids, BOD5, animal and vegetable oils, coliform groups, total nitrogen (in N), |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
2 (1 for waste gases, 1 for wastewater) |
Waste gas: north side of the factory premises and within the factory premises of the company Wastewater: west side of the company |
COD 30mg/l, ammonia nitrogen 1.5mg/l, total phosphorus 0.5mg/l, total nitrogen 15mg/l, pH6-9 |
Shandong Provincial Boiler Air Pollutant Emission Standard No. 2 Modification Form (Luzhijianbiaofa [2016] No. 46, Malodorous Pollutant Emission Standard GB 14554-93 Comprehensive Emission Standard of Water Pollutants in the Peninsula Basin of Shandong Province DB37/676-2007, Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92 |
CODcr 112.75t/a Ammonia nitrogen 3.02t/a Total nitrogen 3.32t/a total phosphorus 0.016t/a |
None |
None |
| Beijing Kinghey Food Co., Ltd |
Waste gas: hydrogen sulfide, odor concentration, ammonia (ammonia gas), particulate matter, non-methane total hydrocarbons, particulates, nitrogen oxides, sulfur dioxide, fume, sulfur dioxide, nitrogen oxides, Ringelmann blackness Wastewater: pH, COD, BOD5, |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
4 (3 for waste gases, 1 for wastewater) |
Waste gas discharge outlets: canteens, rendering shops Wastewater discharge outlets: south side of the sewage treatment station. |
Non methane hydrocarbons (rendering shop): 50mg/m3 Non methane hydrocarbons：10mg/m3; Fumes：1mg/Nm3; PM10:5mg/Nm3 COD: 220mg/L, ammonia nitrogen: 35mg/L, total phosphorus 6 mg/L, total nitrogen 50mg/L |
Comprehensive Water Pollutant Discharge Standards（DB11/307-2013） Comprehensive Air Pollutant Discharge Standard DB11/ 501—2017 Catering Industry Oil Fume Emission Standard（Trial）GB18483-2001 |
COD：186.15t/a; ammonia nitrogen：18.615t/a |
COD：186.15t/a; ammonia nitrogen ：18.615t/a |
None |
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suspended solids, ammonia nitrogen (NH3-N), animal and vegetable oils, total phosphorus (in P), total nitrogen (in N), coliform groups |
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| Hebei Kingley Meat Industry Co., Ltd |
Waste gas: hydrogen sulfide, ammonia (ammonia gas), odor concentration, non-methane total hydrocarbons, particulates, nitrogen oxides, sulfur dioxide Wastewater: COD, ammonia nitrogen, total nitrogen, total phosphorus, pH, BOD5, suspended solids, animal and vegetable oils, coliform groups, phosphate. |
Indirect discharge |
6 (5 for waste gases, 1 for wastewater) |
Waste gas discharge outlets: canteens, rendering shops, waiting pens, desliming rooms, floatation tank North side of the sewage treatment station |
Odor: 2000 Non methane hydrocarbons (rendering shop)：80mg/m3 COD: 120mg/L, ammonia nitrogen 25mg/L, total phosphorus 8mg/L, total nitrogen 75mg/L, BOD: 60mg/L, total suspended solids: 120mg/L |
Comprehensive Water Pollutant Emission Standard (DB11/307-2013), Industrial VOC Emission Control Standard DB13/2322-2016 Malodorous Odor Pollutant Emission Standard GB 14554- 93 |
COD：23.63t/a; ammonia nitrogen：2.29t/a |
COD：23.63t/a; ammonia nitrogen ：2.29t/a |
None |
| Liaoning Kingley Food Co., Ltd |
Waste gas: ammonia (ammonia gas), odor concentration, sulfur dioxide, hydrogen sulfide, nitrogen oxides, particulates Wastewater: COD, ammonia nitrogen (NH3-N), total nitrogen (in N), total phosphorus (in |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
1 |
Outlet of the sewage treatment station (northeast corner of the factory premises) |
COD：300㎎/L，ammonia nitrogen：30㎎/L，total phosphorus 5㎎/L，total nitrogen 50㎎/L，BOD：250mg/L, total suspended solids：300mg/L |
Comprehensive Sewage Discharge Standard DB 21/1627-2008 Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92 Malodorous Pollutant Emission Standard GB 14554-93, Comprehensive Air Pollutant Emission Standard |
COD：462t/a; ammonia nitrogen：46.2t/a |
COD：462t/a; ammonia nitrogen ：46.2t/a |
None |
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P), pH, BOD5, suspended solids, animal and vegetable oils, coliform groups, flow rate. |
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GB16297-1996 |
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| Chengdu Xiwang Food Co., Ltd |
Waste water: COD, BOD5, ammonia nitrogen, total phosphorus, total nitrogen, suspended solids, pH, animal and vegetable oils, coliform groups Waste gas: nitrogen oxides, sulfur dioxide, particulates, Ringelmann blackness, hydrogen sulfide, ammonia, odor |
Wastewater: discharged into urban sewage treatment plant after treatment Waste gas: directly discharged |
4 |
Waste gas discharge outlet: east of the low-temperature plant, southwest of the high-temperature plant Wastewater discharge outlet: southwest of the low-temperature plant, south of high-temperature plant |
COD: 500mg/L Ammonia nitrogen: 45mg/L total nitrogen: 70mg/L pH: 6.0-8.5 Total phosphorus: 8mg/L Suspended solids: 400mg/L BOD5: 300mg/L Animal and vegetable oils: 60mg/L Ringelman blackness: level 1 Nitrogen oxides 150mg/Nm3 Sulfur dioxide: 50mg/Nm3 Particulate matter 20mg/Nm3 |
Boiler Air Pollutant Discharge Standard GB13271-2014 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
COD：30.5t/a total nitrogen：5t/a ammonia nitrogen：0.678t/a total phosphorus ：1.242t/a nitrogen oxides：5t/a sulfur dioxide：0.474t/a |
None |
None |
| Hongyua n New Hope Yak Industry Co., Ltd |
Waste gas (particulate matter, SO2, NOx, VOCs, other characteristic pollutants (hydrogen sulfide, odor concentration, ammonia gas)) Wastewater (COD, ammonia nitrogen, other characteristic pollutants(PH |
Indirect discharge, unstable flow rate during discharge, but with periodical patterns. |
1 wastewater discharge outlet, 1 rainwater discharge outlet |
The wastewater discharge outlet is located t the northwest corner of the company. Rainwater dischar |
Ammonia nitrogen 15mg/L,PH value 6.0-8.5，suspended solids 60mg/L, coliform groups 5000/L, BOD5 30mg/L, animal and vegetable oils 15mg/L, COD 80mg/L. |
Malodorous Pollutant Discharge Standard GB 14554-93, Boiler Air Pollutant Discharge Standard GB 13271-2014；water pollutant discharge standard is class 1 standard in Table 3 of Meat Processing Industry Water Pollutant |
COD：16.63t/a; ammonia nitrogen：2.49t/a |
CODcr 11.856000t/a ammonia nitrogen 2.223000t/a |
None |
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value, BOD5, suspended solids, animal and vegetable oils, coliform groups)) |
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ge outlets are located at northeast and southeast corners of the company. |
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Discharge Standard GB 13457-92 |
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| Zhejiang Xindong wan Agricultu ral Develop ment Co., Ltd |
Waste gases: nitrogen oxides, particulates, sulfur dioxide, hydrogen sulfide, ammonia, odor concentration wastewater: chemical oxygen demand, ammonia nitrogen, total nitrogen, total phosphorus, pH value, five-day biochemical oxygen demand, animal and vegetable oils, suspended solids, coliform bacteria. |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
1 wastewater discharge outlet |
Wastewater: off-site environmental protection station of the company |
COD：450mg/L Total nitrogen：50mg/L Ammonia nitrogen：35mg/L Total phosphorus：6mg/L pH：6-8.5 Suspended solids：200mg/L BOD5：120mg/L Animal and vegetable oils：50mg/L Nitrogen oxides ：150mg/Nm3 Sulfur dioxide：50mg/Nm3 Fumes ：10mg/Nm3 |
Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 Agreements with sewage treatment plants Malodorous Pollutant Discharge Standard GB 14554-93, Boiler Air Pollutant Discharge Standard GB 13271-2014, Emission Standard for Boiler Air Pollutants DB37 2374-2018 |
COD：16.63t/a; ammonia nitrogen：2.49t/a |
COD：16.63t/a; ammonia nitrogen ：2.49t/a |
None |
| Hangzho u Guanglv Breeding Co., Ltd |
Waste gases: nitrogen oxides, particulates, sulfur dioxide, hydrogen sulfide, ammonia, odor concentration wastewater: chemical oxygen demand, ammonia nitrogen, total nitrogen, total phosphorus, pH value, |
Waste gas: directly discharge after treatment wastewater: indirect discharge |
1 wastewater discharge outlet |
Wastewater: off-site environmental protection station of the company |
COD：450mg/L Total nitrogen：50mg/L Ammonia nitrogen：35mg/L Total phosphorus：6mg/L pH：6-8.5 Suspended solids：200mg/L BOD5：120mg/L Animal and vegetable oils：50mg/L Nitrogen oxides ：150mg/Nm3 Sulfur dioxide： |
Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 Agreements with sewage treatment plants Malodorous Pollutant Discharge Standard GB 14554-93, Boiler Air Pollutant Discharge Standard GB |
COD：16.63t/a; ammonia nitrogen：2.49t/a |
COD：16.63t/a; ammonia nitrogen ：2.49t/a |
None |
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five-day biochemical oxygen demand, animal and vegetable oils, suspended solids, coliform bacteria. |
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50mg/Nm3 Fumes: 10mg/Nm3 |
13271-2014, Emission Standard for Boiler Air Pollutants DB37 2374-2018 |
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Construction and operation of pollution control facilities
| Company name |
Name of pollution control facility |
Treatment process |
Treatment capacity |
Time commissioned |
Operational status |
| Linyi Liuhe Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1,200 cubic meters/day |
Commissioned in 2015 |
Running normally |
| Qiuxian Liuhe Kangyuan Food Co., Ltd |
Sewage treatment system |
Hydrolytic acidification + A/O process |
1000 cubic meters/day |
Commissioned in 2014 |
Running normally |
| Linyi Liuhe Hongchen Farming Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1000 cubic meters/day |
Commissioned in March 2009 |
Running normally |
| Lanling New Hope Liuhe Hongjun Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
600 cubic meters/day |
Commissioned in 2013 |
Running normally |
| Pingyi Refrigeration Factory of Shandong New Hope Liuhe Group Co., Ltd |
Sewage treatment system |
Biological contact oxidation process |
1,200 cubic meters/day |
Acquired in 1997, operated using the original tanks, further improved in 2002/2004. |
Running normally |
| Qingdao Tianrun Food Co., Ltd |
Sewage treatment system |
SBR process + A/O process |
2000 cubic meters/day |
SBR system was commissioned in 2005, followed by A/O process in 2009 |
Running normally |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1600 cubic meters/day |
Commissioned in 2012, process improved in 2016, with bio-filters added |
Running normally |
| Yishui New Hope Liuhe Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1800 cubic meters/day |
Commissioned in 2010, and further improved in 2014 through sewage treatment system |
Running normally |
| Guantao Liuhe Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
3400 cubic meters/day |
Commissioned in 2009, and further improved in 2017 |
Running normally |
| Binzhou Liuhe Longda Farming Co., Ltd |
Sewage treatment system |
SBR process + A/O process |
500 cubic meters/day |
Commissioned in 2008 |
Running normally |
| Wudi Liuhe Xinyang Food Co., Ltd |
Sewage treatment system |
SBR process + A/O process |
1000 cubic meters/day |
2006 |
Running normally |
| Zouping Liuhe Livestock Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1000 cubic meters/day |
Commissioned in 2004 and transformed and |
Running normally |
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upgraded in 2012 |
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| Shanxian Liuhe Feed Co., Ltd Food Branch |
Sewage treatment system |
Hydrolytic acidification + BRN |
1300 cubic meters/day |
Commissioned in 2012 |
Running normally |
| Caoxian Liuhe Food Co. ,Ltd |
Sewage treatment system |
FBR process |
1400 cubic meters/day |
Commissioned in 2007 |
Running normally |
| Jiaxiang New Hope Liuhe Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
3000 cubic meters/day |
September 2017 |
Running normally |
| Yuncheng Liuhe Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
800 cubic meters/day |
Commissioned in 2006, and upgraded in 2011 and 2017 respectively. |
Running normally |
| Anshan Liuhe Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
2000 cubic meters/day |
Commissioned in 2007 |
Running normally |
| Panjin Liuhe Farming Co., Ltd |
Sewage treatment system |
Biological contact oxidation process |
1,200 cubic meters/day |
Commissioned in 2011 |
Running normally |
| Donge Liuhe Lvjia Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
600 cubic meters/day |
Commissioned in 2010 |
Running normally |
| Liaocheng Liuhe Rongda Farming Co., Ltd |
Sewage treatment system |
High efficiency air floatation + hydrolytic acidification (A/O process) |
2500 cubic meters/day |
Commissioned in 2013 and accepted in May 2015 |
Running normally |
| Shenxian New Hope Liuhe Qingsizhai Food Co., Ltd |
Sewage treatment system |
Combined air floatation and biological contact oxidation (A/O process) |
2000 cubic meters/day |
Commissioned in December 2013 and accepted in July 2014 |
Running normally |
| Yanggu Liuhe Luxin Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
3000 cubic meters/day |
The contact oxidation process was put into operation in 2009, followed by the A/O process in 2015 |
Running normally |
| Weifang Tianhui Food Co., Ltd |
Sewage treatment system |
Contact oxidation process + SBR |
700 cubic meters/day |
The contact oxidation process was put into operation in 2007 and SBR in 2009 |
Running normally |
| Weifang Heshengyuan Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
5700 cubic meters/day |
Commissioned in 2018 |
Running normally |
| Luoyang Liuhe Huiquan Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1000 cubic meters/day |
Commissioned in 2008, and further improved in 2015 |
Running normally |
| Hebi Liuhe Zhizhen Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
2000 cubic meters/day |
Commissioned in 2011 and upgraded in 2015 |
Under testing |
| Laiwu New Hope Liuhe Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
3000 cubic meters/day |
2014 |
Running normally |
| Dezhou Liuhe Zhikang |
Sewage |
Anaerobic + aerobic |
1000 cubic |
Commissioned in |
Running |
| Food Co., Ltd |
treatment system |
(A/O process) |
meters/day |
2008 and system improved in 2020 |
normally |
| Feixian Liuhe Huahai Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
2000 cubic meters/day |
Commissioned in 2013, and further improved in 2016 through sewage treatment system |
Running normally |
| Fuxin Liuhe Farming Co., Ltd Food Branch |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1500 cubic meters/day |
Commissioned in 2007 |
Running normally |
| Taiqian New Hope Liuhe Luxin Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
2000 cubic meters/day |
44105 |
Running normally |
| Leting Liuhe Xinmeizi Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1500 cubic meters/day |
Commissioned in 2016 |
Running normally |
| Qixia Refrigeration Factory of Shandong New Hope Liuhe Group Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1,200 cubic meters/day |
Commissioned in 2012 |
Running normally |
| Laiyang Tianye Food Co., Ltd |
Sewage treatment system |
A/O process |
1,200 cubic meters/day |
Commissioned in 2008, and further improved in 2016 through sewage treatment system |
Running normally |
| Beijing Kinghey Food Co., Ltd |
Sewage treatment system |
Biological contact oxidation process |
1500 cubic meters/day |
Commissioned in 2004 |
Running normally |
| Hebei Kingley Meat Industry Co., Ltd |
Sewage treatment system |
A/O process |
1500 cubic meters/day |
Commissioned in 2006 |
Running normally |
| Liaoning Kingley Food Co., Ltd |
Sewage treatment system |
Biological contact oxidation process, A/O process |
3000 cubic meters/day |
The first phase was commissioned in 2006, followed by the second phase in 2019 |
Running normally |
| Chengdu Xiwang Food Co., Ltd |
Sewage treatment system |
Anaerobic + aerobic (A/O process) |
1400 cubic meters/day |
Commissioned in 2010 |
Running normally |
| Hongyuan New Hope Yak Industry Co., Ltd |
Sewage treatment station |
Anaerobic biological treatment method |
600m³/d |
2019-09-1 |
Running normally |
| Zhejiang Xindongwan Agricultural Development Co., Ltd |
Sewage treatment system |
Aerobic aeration process |
1500 cubic meters/day |
Not commissioned |
Not operated |
| Hangzhou Guanglv Breeding Co., Ltd |
Sewage treatment system |
Pooled into Zhejiang Xindongwan Agricultural Development Co., Ltd for sharing of one system. |
Environmental impact assessment of construction projects and other administrative licenses for environmental protection
| Company name |
Document name |
Approving authority |
Date approved |
Approval No. |
| Linyi Liuhe Food Co., Ltd |
Approval of environmental impact assessment report of Linyi Liuhe Food Co., Ltd |
Dezhou City Bureau of Environmental Protection, Shandong Province |
December 24, 2010 |
Dehuanyan (2010) No. 65 |
| Acceptance Test Report on Environmental |
Linyi County Bureau of Environmental Protection, Shandong |
June 2017 |
Linhuanjianzi 2017 YS06-07 |
|
Protection of Completed Construction Project |
Province |
|
|
| Qiuxian Liuhe Kangyuan Food Co., Ltd |
Approval of Environmental Impact Assessment Report on the 20 million white-feathered meat duck farming and processing project of Hebei Kangyuan HALAL Food Co., Ltd |
Qiu County Bureau of Enviornmental Proetction |
February 02, 2012 |
Qiuhuanshu [2012]No. 1 |
| Supplement to the 20 million white-feathered meat duck farming and processing project of Hebei Kangyuan HALAL Food Co., Ltd |
Qiu County Bureau of Enviornmental Proetction |
December 23, 2013 |
Qiuhuanshu [2013]No. 4 |
| The 20 million white-feathered meat duck farming and processing project of Hebei Kangyuan Islamic Food Co., Ltd |
Qiu County Bureau of Enviornmental Proetction |
2013 |
Qiuhuanyan [2013]No.07 |
| Duck feather drying and processing project |
Qiu County Bureau of Administrative Approval |
2019 |
Qiushenhuanbiao [2019] No.11 |
| Construction project environmental impact registration form for UV light oxygen deodorization environmental protection project |
Filed by the company online |
October 15, 2018 (time filed) |
20181304000000054 |
| Linyi Liuhe Hongchen Farming Co., Ltd |
Approval of Environmental Impact Assessment Report on expansion of the 0.70 million/a meat ducks and meat rabbits slaughtering project of Linyi Liuhe Hongchen Farming Co., Ltd |
Lanshan District Bureau of Environmental Protection |
December 30, 2008 |
Linhuanlanhan (2008)No. 423 |
| Approval of Acceptance Report on expansion of the 0.70 million/a meat ducks and meat rabbits slaughtering project of Linyi Liuhe Hongchen Farming Co., Ltd |
Lanshan District Bureau of Environmental Protection |
Accepted |
Linhuanlanhan (2010)No. 736 |
| Lanling New Hope Liuhe Hongjun Food |
Approval of Environmental Impact Assessment |
Linyi City Bureau of Environmental Protection |
April 10, 2013 |
Linhuanfa[2013] No. 53 |
| Co., Ltd |
Report on the 15 million/a meat duck slaughtering and deep processing project of Cangshan County Hongjun Food Co., Ltd |
|
|
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| Acceptance Opinions on the Completion Acceptance of Environmental Protection for the 15 million/a meat duck slaughtering and deep processing project of Lanling New Hope Liuhe Hongjun Food Co., Ltd |
Linyi City Bureau of Environmental Protection |
August 20, 2018 |
Linhuanpinghan (2014)No. 341 |
| Pingyi Refrigeration Factory of Shandong New Hope Liuhe Group Co., Ltd |
Written Reply regarding the Approval Opinions on the Second Phase of Broiler Slaughtering Line Project of Pingyi Liuhe Co., Ltd |
Linyi City Bureau of Environmental Protection |
December 07, 2001 |
Linhuanhan[2001] No. 103 |
| Acceptance Opinions on the Completion Acceptance of Environmental Protection of the Second Phase of Broiler Slaughtering Line Project of Pingyi Liuhe Co., Ltd |
Linyi City Bureau of Environmental Protection |
June 02, 2003 |
Pinghuanshenzi (2008)No. 41 |
| Qingdao Tianrun Food Co., Ltd |
“Environmental Impact Report on Poultry Slaughterhouse Expansion Project” |
Jiehua Environmental Technology Co., Ltd |
2020.2 |
1581306565000 |
| Environmental Impact Report on the 6 million/a Meat Duck Processing Plant Project |
Pingdu City Bureau of Environmental Protection |
2015-01-18 |
Pinghuanjianzi (2005)No. 20 |
| Acceptance Opinions on Completion Acceptance of Environmental Protection of the Meat Duck Processing Plant Project |
Pingdu City Bureau of Environmental Protection |
2006-12-19 |
Pinghuanjianzi (2003)No. 53 |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
Approval of Environmental Impact Assessment Report on the proposed 60,000 t/a chicken cutting production line |
Lvliang City Bureau of Environmental Protection |
2010-12-9 |
Lvhuanxingshen [2010]No. 335 |
|
project of Xiaoyi Daxiang Farming & Food Co., Ltd |
|
|
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| Acceptance Opinions on Completion Acceptance of Environmental Protection of the proposed 60,000 t/a chicken cutting production line project of Xiaoyi Daxiang Farming & Food Co., Ltd |
Lvliang City Bureau of Environmental Protection |
2017-09-30 |
Xiaohuanhan [2017]No. 167 |
| Yishui New Hope Liuhe Food Co., Ltd |
Approval of Environmental Impact Assessment Report of the proposed 90,000 t/a poultry meat and deep processing plant project of Yishui Liuhe Kailida Food Co., Ltd |
Linyi City Bureau of Environmental Protection |
May 04, 2009 |
Linhuanhan[2009] No. 245 |
| Approval of Application for Commissioning of the new 90,000 t/a poultry meat and deep processing plant project of Yishui Liuhe Kailida Food Co., Ltd |
Linyi City Bureau of Environmental Protection |
August 21, 2010 |
Linhuanhan[2010] No. 596 |
| Approval of Environmental Impact Assessment Report on the Sewage Treatment Improvement Project of Yishui Liuhe Kailida Food Co., Ltd |
Linyi City Bureau of Environmental Protection |
June 24, 2011 |
Linhuanhan[2011] No. 330 |
| Approval of Application for Commissioning of the Sewage Treatment Improvement Project of Yishui Liuhe Kailida Food Co., Ltd |
Linyi City Bureau of Environmental Protection |
October 12, 2012 |
Linhuanhan[2012] No. 554 |
| Guantao Liuhe Food Co., Ltd |
Approval of Environmental Impact Assessment Report on the Broiler Slaughtering and Cutting Project of Guantao Liuhe Food Co., Ltd |
Handan City Bureau of Environmental Protection |
March 04, 2009 |
[2009]No. 36 |
| Acceptance Opinions on Completion Acceptance of |
Handan City Bureau of Environmental Protection |
December 02, 2010 |
Hanhuanyan [2010]No. 89 |
|
Environmental Protection of the Broiler Slaughtering and Cutting Project of Guantao Liuhe Food Co., Ltd |
|
|
|
| Meat packing and sewage treatment project of Guantao Liuhe Food Co., Ltd |
Handan City Bureau of Environmental Protection |
May 22, 2017 |
Huanguanbiao[2017] No. 9 |
| Binzhou Liuhe Longda Farming Co., Ltd |
The 0.90 million/a broiler and duck slaughtering and cutting plant project of Binzhou Longda Food Co., Ltd |
Binzhou City Bureau of Environmental Protection Bincheng Branch |
March 16, 2007 |
Binchenghuanbiao [2007]No. 11 |
| Acceptance opinions |
Binzhou City Bureau of Environmental Protection Bincheng Branch |
September 20, 2008 |
Huanyan [2008]No.1-15 |
| Wudi Liuhe Xinyang Food Co., Ltd |
The 40,000/a broiler slaughtering plant project of Binzhou Qinghe Fushi Food Co., Ltd |
Binzhou City Bureau of Environmental Protection |
February 26, 2007 |
Binhuanzi [2007]No. 30 |
| Zouping Liuhe Livestock Co., Ltd |
Approval of Environmental Impact Assessment Report on the 0.90 million/a broiler slaughtering line project of Zouping Liuhe Farming Co., Ltd |
Zouping County Bureau of Environmental Protection |
September 08, 2009 |
Zouhuanuanzi (2009)No.72 |
| Acceptance Opionios on Completion Acceptance of Environmental Protection of the 0.90 million/a broiler slaughtering line project of Zouping Liuhe Farming Co., Ltd |
Zouping County Bureau of Environmental Protection |
December 07, 2010 |
Zouhuanyanbiao(2010)No. 13 |
| Shanxian Liuhe Feed Co., Ltd Food Branch |
The 30 million/a meat duck slaughtering and processing plant project of Shanxian Liuhe Feed Co., Ltd Food Branch |
Heze City Bureau of Environmental Protection |
June 11, 2012 |
Hehuanshen [2012]No. 46 |
| Completion Acceptance of Enviornmental Protection of the 30 million/a meat duck slaughtering and processing plant project of Shanxian Liuhe Feed Co., Ltd |
Heze City Bureau of Environmental Protection |
September 30, 2017 |
Huanyan [2017]No. 108 |
|
Food Branch |
|
|
|
| Caoxian Liuhe Food Co. ,Ltd |
The 20 million/a duck slaughtering and processing plant project of Caoxian Liuhe Food Co., Ltd |
Cao County Bureau of Environmental Protection |
April 11, 2007 |
Caohuanshen [2007]No. 44 |
| Completion acceptance of environmental protection of the 20 million/a duck slaughtering and processing plant project of Caoxian Liuhe Food Co., Ltd |
Cao County Bureau of Environmental Protection |
June 10, 2008 |
Caohuanshen [2008]No. 26 |
| Jiaxiang New Hope Liuhe Food Co., Ltd |
The meat poultry slaughtering and packing plant project of Jiaxiang New Hope Liuhe Food Co., Ltd |
Jiaxiang County Bureau of Environmental Protection |
August 17, 2016 |
Jiahuanshen [2016]No. 02 |
| Yuncheng Liuhe Food Co., Ltd |
Approval of the Environmental Impact Assessment Report on Wastewater Treatment Improvement Project of Yuncheng Liuhe Food Co., Ltd |
Yuncheng County Bureau of Environmental Protection |
July 25, 2010 |
Yunhuanshen[2010] No. 62 |
| Completion Acceptance Form for the Wastewater Treatment Improvement Project |
Yuncheng County Bureau of Environmental Protection |
October 13, 2014 |
Yunhuanpinghan (2018)No.6 |
| Anshan Liuhe Food Co., Ltd |
The 15 million/a meat duck slaughtering and packing plant project of Liaoning Honglu Agricultural Development Co., Ltd |
Tai’an County Bureau of Environmental Protection |
May 11, 2007 |
Taihuanshenzi [2007]No. 8 |
| Acceptance Opinions on Completion Acceptance of Environmental Protection of the 15 million/a meat duck slaughtering and packing plant project of Liaoning Honglu Agricultural Development Co., Ltd |
Tai’an County Bureau of Environmental Protection |
June 29, 2008 |
Taihuanyanzi [2008]No. 6 |
| Panjin Liuhe Farming Co., Ltd |
Approval of Environmental Impact Assessment Report on the Meat Duck Cutting, |
Panjin City Bureau of Environmental Protection |
December 30, 2010 |
Panhuanfa [2010]No. 350 |
|
Processing and Refrigeration Plant Project of Panjin Liuhe Farming Co., Ltd |
|
|
|
| Acceptance Opinions on Completion Acceptance of Environmental Protection of the Meat Duck Cutting, Processing and Refrigeration Plant Project of Panjin Liuhe Farming Co., Ltd |
Panjin City Bureau of Environmental Protection |
November 29, 2012 |
Panhuanhan [2012]No. 117 |
| Donge Liuhe Lvjia Food Co., Ltd |
The 0.90 million/a poultry slaughtering and refrigeration plant project of Donge Liuhe Lvjia Food Co., Ltd |
Donge County Bureau of Environmental Protection |
July 15, 2008 |
Dongjibei [2008]No. 55 |
| Acceptance Opinions on Completion Acceptance of the 0.90 million/a poultry slaughtering and refrigeration plant project of Donge Liuhe Lvjia Food Co. Ltd |
Donge County Bureau of Environmental Protection |
December 29, 2010 |
Environmental Protection Report on Construction Project |
| Liaocheng Liuhe Rongda Farming Co., Ltd |
Approval of Environmental Impact Assessment Report on the Meat Duck Slaughtering Production Line Project of Liaocheng Liuhe Rongda Farming Co., Ltd |
Gaotang County Bureau of Environmental Protection |
February 24, 2012 |
Gaohuanyan [2012]No. 02 |
| Acceptance Opinions on Environmental Protection of Completed Construction Project |
Gaotang County Bureau of Environmental Protection |
July 21, 2017 |
Gaohuanyan [2017]No. 10 |
| Shenxian New Hope Liuhe Qingsizhai Food Co., Ltd |
Approval of Environmental Impact Assessment Report on the 48 million/a Duck Slaughtering Plant Project of Shenxian New Hope Liuhe Qingsizhai Food Co., Ltd |
Shen County Bureau of Environmental Protection |
May 28, 2013 |
Shenhuanshen [2013] No. 43 |
| Acceptance Opinions on Completion Acceptance of Environmental Protection of the 48 |
Shen County Bureau of Environmental Protection |
July 28, 2014 |
Shenhuanyan[2014] No. 12 |
|
million/a Duck Slaughtering Plant Project of Shenxian New Hope Liuhe Qingsizhai Food Co., Ltd |
|
|
|
| Yanggu Liuhe Luxin Food Co., Ltd |
Opinions on Filing of the 32 million/a Meat Duck Slaughtering Plant Project of Yanggu Liuhe Luxin Food Co., Ltd |
Yanggu County Bureau of Environmental Protection |
December 28, 2016 |
Yanghuanhan[2016]No. 123 |
| Weifang Tianhui Food Co., Ltd |
Approval of Environmental Impact Assessment Report on the Duck Product Deep Processing Industrialization Demonstration Project of Weifang Tianhui Food Co., Ltd |
Shouguang City Bureau of Environmental Protection |
March 30, 2007 |
Shouhuanshenzi (2007)No. 2 |
| Acceptance Opinions on the Duck Product Deep Processing Packing Industrialization Demonstration Project of Weifang Tianhui Food Co., Ltd |
Shouguang City Bureau of Environmental Protection |
October 2007 |
None |
| Weifang Heshengyuan Food Co., Ltd |
Modern White-feathered Broiler Industry Integrated Development Project, Anqiu, Weifang City |
Anqiu City Bureau of Environmental Protection |
September 09, 2016 |
Anhuanzi [2016]No. 58 |
| Pollution Control Facilities Acceptance Form (Trial) |
Anqiu City Bureau of Environmental Protection |
January 2019 |
Anhuanyanzi[2019]No. 034 |
| Luoyang Liuhe Huiquan Food Co., Ltd |
Review Opinions on New Broiler Processing Project of Luoyang Liuhe Huiquan Food Co., Ltd |
Luoyang City Bureau of Environmental Protection |
July 30, 2008 |
Luoshihuan (2008)No. 226 |
| Approval of Environmental Impact Assessment Report on the New Broiler Processing Project of Luoyang Liuhe Huiquan Food Co., Ltd |
Provincial Bureau of Environmental Protection |
November 14, 2008 |
Yuhuanshen(2008)No. 262 |
| Acceptance Opinions on Environmental Protection of the New Broiler Processing Project of Luoyang |
Provincial Bureau of Environmental Protection |
October 15, 2010 |
Luohuanjianyan [2010]No. 52 |
|
Liuhe Huiquan Food Co., Ltd |
|
|
|
| Hebi Liuhe Zhizhen Food Co., Ltd |
Status Quo Environmental Impact Assessment Report retroactively filed in 2016 |
Without official written replies |
|
Status Quo Environmental Impact Assessment Report |
| Laiwu New Hope Liuhe Food Co., Ltd |
Environmental Impact Assessment Report on the Meat Poultry Processing Industrialization Project of Laiwu New Hope Liuhe Food Co., Ltd |
Laicheng District Bureau of Environmental Protection |
August 19, 2011 |
Laihuanju[2011] No. 82 |
| Environmental Impact Report on Air Pollution Control of Laiwu New Hope Liuhe Food Co., Lt |
Laiwu City Bureau of Environmental Protection |
November 14, 2018 |
Laihuanbaogaobiao {2018} No. 11142 |
| Dezhou Liuhe Zhikang Food Co., Ltd |
Acceptance Monitoring Report on Environmental Protection of the Completed 30,000/d Meat Duck Slaughtering Plant Project of Dezhou Liuhe Zhikang Food Co., Ltd |
Ling County Environmental Testing Station, Dezhou City |
December 01, 2009 |
Linghuanjianzi 2009 No. 39 |
| Acceptance Opinions on Environmental Protection of on Environmental Protection of the Completed 30000/d Meat Duck Slaughtering Plant Project of Dezhou Liuhe Zhikang Food Co., Ltd |
Ling County Bureau of Environmental Protection |
May 10, 2010 |
Linghuanyan [2010] No. 3 |
| Feixian Liuhe Huahai Food Co., Ltd |
Approval of Environmental Impact Assessment Report on the 20 million/a Broiler Slaughtering and Processing Plant Project of Feixian Liuhe Huahai Food Co., Ltd |
Linyi City Bureau of Environmental Protection |
April 27, 2012 |
Linhuanfa (2012)No. 51 |
| Fuxin Liuhe Farming Co., Ltd Food Branch |
Approval of Environmental Impact Assessment Report on the 25 million/a Broiler Slaughtering Plant Project of Fuxin Liuhe Farming Co., Ltd |
Fuxin City Bureau of Environmental Protection Taiping Branch |
January 10, 2017 |
Fuhuantaishenshu[2017]No. 01 |
|
Approval of Completion Acceptance of Environmental Facilities for the 15 million/a White-feathered Broiler Slaughtering Plant Project of Fuxin Liuhe Farming Co., Ltd Food Branch |
Fuxin City Bureau of Environmental Protection |
March 10, 2010 |
Fuhuanfa [2010]No. 49 |
| Taiqian New Hope Liuhe Luxin Food Co., Ltd |
Environmental impact report for approval of 120,000 meat ducks/d slaughterhouse project of Taiqian New Hope Liuhe Luxin Food Co., Ltd |
Puyang City Bureau of Ecological Environment |
July 27, 2020 |
Taihuangongjianban (2019)No. 26 |
| Leting Liuhe Xinmeizi Food Co., Ltd |
Broiler processing food production line project of Leting New Hope Liuhe Zhaotai Food Co., Ltd constructed by Leting Shengxiang Trade Co., Ltd |
Leting County Bureau of Environmental Protection |
September 21, 2012 |
Lehuanshu[2012] No. 08 |
| Broiler processing food production line upgrading and transformation project |
Tangshan City Bureau of Ecological Environment Leting CountyEnvironment Leting County Branch |
September 25, 2020 |
Lehuanpingbiao [2020] No. 49 |
| Qixia Refrigeration Factory of Shandong New Hope Liuhe Group Co., Ltd |
Approval of environmental impact report on the factory building renovation and sewage plant reconstruction and expansion project of Qixia Refrigeration Plant of Shandong New Hope Liuhe Group Co., Ltd |
Qixia City Bureau of Environmental Protection |
December 18, 2012 |
None |
| Laiyang Tianye Food Co., Ltd |
Environmental protection acceptance and monitoring report on completion of 20 million /a broiler slaughtering and processing line of Laiyang Tianye Food Co., Ltd |
Yantai City Bureau of Ecological Environment Laiyang Branch, Shandong Province |
May 01, 2020 |
Laihuanfa [2020]No. 12 |
| Acceptance opinions |
Yantai City Bureau of Ecological Environment Laiyang Branch, Shandong Province |
May 01, 2020 |
Laihuanfa [2020]No. 12 |
| Beijing Kinghey Food |
Approval of Beijing Pinggu District |
Pinggu District Bureau of |
2014 |
Jingpinghuanpingshen[2014]No. 450 |
| Co., Ltd |
Bureau of Environmental Protection regarding Environmental Impact Report on Project of Processing of Quick Frozen Food, Meat Products and Supporting Facilities |
Environmental Protection, |
|
|
| Acceptance opinions |
Pinggu District Bureau of Environmental Protection, |
2015 |
Pinghuanyan [2015]No. 71 |
| Hebei Kingley Meat Industry Co., Ltd |
Approval of Environmental Impact Report on Pig Slaughtering and Meat Packing Project of Beijing Kinghey Food Co., Ltd in Nangong |
Provincial Bureau of Environmental Protection |
2004 |
Jihuanguan [2014]No. 193 |
| Acceptance opinions |
Hebei Provincial Department of Environmental Protection |
2010 |
Jihuanyan (2010)No. 006 |
| Liaoning Kingley Food Co., Ltd |
Pig Slaughtering Project of Liaoning Kinghey Food Co., Ltd |
Shenyang City Bureau of Environmental Protection Puhe New Town Branch |
2005 |
Shennonghuanbaoshenzi [2005]No. 7 |
| Acceptance opinions |
Shenyang City Bureau of Environmental Protection Puhe New Town Branch |
2010 |
Puhuanfenyan [2010]No. 71 |
| Chengdu Xiwang Food Co., Ltd |
Environmental protection acceptance application registration card for completion of construction project |
Xinjin County of Bureau of Environmental Protection |
September 08, 2009 |
Xinhuanyan [2009]No. 17 |
| Environmental protection acceptance application registration card for completion of construction project |
Xinjin County of Bureau of Environmental Protection |
September 08, 2009 |
Xinhuanyan [2009]No. 18 |
| Low-temperature meat product processing plant (phase I and II) construction project |
Xinjin County of Bureau of Environmental Protection |
October 14, 2008 |
Xinhuanjian (2008)No. 79 |
| High-temperature meat product processing plant (phase III) construction project |
Xinjin County of Bureau of Environmental Protection |
November 12, 2008 |
Xinhuanjian (2008)No. 80 |
| Review and Approval of environmental |
Xinjin County Bureau of |
January 05, 2016 |
Xinshenyuanhuanping [2016]No. 1 |
|
impact registration form of 3,000t/a quick frozen and prepared food production line project of Chengdu Xiwang Food Co., Ltd |
Administrative Approval |
|
|
| Review and Approval of environmental impact report of 35,000 t/a high-temperature meat products production line renovation project of Chengdu Xiwang Food Co., Ltd by Xinjin County Bureau of Environmental Protection |
Xinjin County of Bureau of Environmental Protection |
July 3, 2014 |
Xinhuanjianfu [2014]No. 67 |
| Hongyuan New Hope Yak Industry Co., Ltd |
Approval of Aba Prefecture Bureau of Environmental Protection on environmental impact report of Hongyuan yak slaughtering and deep processing project |
Aba Prefecture Bureau of Environmental Protection |
December 05, 2014 |
Azhouhuanjianhan (2014)No. 232 |
| Zhejiang Xindongwan Agricultural Development Co., Ltd |
Environmental impact report of Zhejiang Xindongwan Agricultural Development Co., Ltd (draft for approval) |
Zhejiang Institute of Hydraulics & Estuary |
August 01, 2010 |
Guohuanpingzhengyizi No. 2032 |
| The pig farm remediation project of Zhejiang Xindongwan Agricultural Development Co., Ltd (draft for filing) |
Xiaoshan District Agricultural Bureau, |
June 2016 |
|
| Hangzhou Guanglv Breeding Co., Ltd |
The pig farm remediation project of Hangzhou Guanglv Breeding Co., Ltd (draft for filing) |
Xiaoshan District Agricultural Bureau, |
June 2016 |
|
Contingency Plan for Environmental Emergencies
| Company name |
Filed or not |
Filing authority |
Filing No. |
Time |
|---|
| Linyi Liuhe Food Co., Ltd |
Filed |
Linyi County Bureau of Environmental Protection |
3711424-2019-037-L |
November 2019 |
|---|
| Qiuxian Liuhe Kangyuan Food Co., Ltd |
Filed |
Qiu County Bureau of Enviornmental |
031020180913 |
September 2018 |
|
|
Proetction |
|
|
| Linyi Liuhe Hongchen Farming Co., Ltd |
Filed |
Lanshan District Bureau of Environmental Protection |
1302-2019-078-L |
2019-12-10 |
| Lanling New Hope Liuhe Hongjun Food Co., Ltd |
Filed |
Lanling County Bureau of Environmental Protection |
371327-2019-03-L |
2019-03-4 |
| Pingyi Refrigeration Factory of Shandong New Hope Liuhe Group Co., Ltd |
Filed |
Pingyi County Bureau of Environmental Protection |
371326-2018-012-L |
2018-05-5 |
| Qingdao Tianrun Food Co., Ltd |
Filed |
Pingdu City Bureau of Environmental Protection |
370283-20170515-079-M |
2017-05-15 |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
In progress |
|
141181-2019-0013-M |
2019-05-6 |
| Yishui New Hope Liuhe Food Co., Ltd |
Filed |
Yishui County Bureau of Environmental Protection |
371323-2019-012-M |
2019-10-24 |
| Guantao Liuhe Food Co., Ltd |
Filed |
Handan City Emergency Headquarters for Heavily Polluted Weathers |
130433-Q7-2017-164 |
2017-04-24 |
| Binzhou Liuhe Longda Farming Co., Ltd |
Filed |
Binzhou City Bureau of Environmental Protection |
371602-2019-0001-L |
2019-01-4 |
| Wudi Liuhe Xinyang Food Co., Ltd |
In progress |
|
|
|
| Zouping Liuhe Livestock Co., Ltd |
Filed |
Zouping County Bureau of Environmental Protection |
371626-2016-084-L |
2016-05-23 |
| Shanxian Liuhe Feed Co., Ltd Food Branch |
Filed |
Heze City Bureau of Ecological Environment Shan CountyEnvironment Shan County Branch |
371722-2020-017-M |
2020-07-22 |
| Caoxian Liuhe Food Co. ,Ltd |
In progress |
|
|
|
| Jiaxiang New Hope Liuhe Food Co., Ltd |
Filed |
Jiaxiang County Bureau of Environmental Protection |
370829-001-M |
2019-01-7 |
| Yuncheng Liuhe Food Co., Ltd |
Filed |
Yuncheng County Bureau of Environmental Protection |
371725-2019-022-L |
2019-12-25 |
| Anshan Liuhe Food Co., Ltd |
Filed |
Anshan City Bureau of Ecological Environment Taian Branch |
210321-2020-036-L |
2020-09-29 |
| Panjin Liuhe Farming Co., Ltd |
Filed |
Dawa District Bureau of Environmental Protection, Panjin |
211121-2020-6-L |
2020-04-20 |
|
|
City |
|
|
| Donge Liuhe Lvjia Food Co., Ltd |
Filed |
Donge County Bureau of Environmental Protection |
91371524554382151H001Y |
2018-12-4 |
| Liaocheng Liuhe Rongda Farming Co., Ltd |
Filed |
Gaotang County Bureau of Environmental Protection |
913715267986527441001Q |
2018-12-13 |
| Shenxian New Hope Liuhe Qingsizhai Food Co., Ltd |
Filed |
Shen County Bureau of Environmental Protection |
91371522081794657Y001X |
2018-12-14 |
| Yanggu Liuhe Luxin Food Co., Ltd |
Filed |
Yanggu County Bureau of Environmental Protection |
91371521684826830M001Q |
2018-12-3 |
| Weifang Tianhui Food Co., Ltd |
Filed |
Shouguang City Bureau of Environmental Protection |
370783-2018-058M |
2018-01-30 |
| Weifang Heshengyuan Food Co., Ltd |
Filed |
Anqiu City Bureau of Environmental Protection |
370784-2018-045-L |
2018-10-24 |
| Luoyang Liuhe Huiquan Food Co., Ltd |
Filed |
Luoyang City Bureau of Environmental Protection |
410381201402 |
January 10, 2014 |
| Hebi Liuhe Zhizhen Food Co., Ltd |
Filed |
Hebi City Bureau of Environmental Protection’s Headquarters for Environmental Emergencies |
4016212017008H |
2017-07-28 |
| Laiwu New Hope Liuhe Food Co., Ltd |
Filed |
Laiwu Bureau for Construction and Development of Agricultural High-tech Industry Demonstration Zone |
371202（AHIDZ）-2018-011-larger[larger-air (Q1)+ordinary-water (Q1)] |
December 24, 2018 |
| Dezhou Liuhe Zhikang Food Co., Ltd |
Filed |
Dezhou City Bureau of Ecological Environment Lingcheng Branch |
3714212019023L |
2019-11-20 |
| Feixian Liuhe Huahai Food Co., Ltd |
Filed |
Fei County Bureau of Environmental Protection |
371325-2017-030-L |
August 23, 2017 |
| Fuxin Liuhe Farming Co., Ltd Food Branch |
Filed |
Fuxin City Bureau of Environmental Protection |
|
2018-07-1 |
| Taiqian New Hope Liuhe Luxin Food Co., Ltd |
Filed |
Taiqian County Bureau of Environmental Protection |
4109272020048L |
December 23, 2020 |
| Leting Liuhe Xinmeizi Food Co., Ltd |
Filed |
Tangshan City Bureau of Environmental Protection Leting CountyProtection Leting County |
130225-2019-011-L |
July 8, 2019 |
|
|
Branch |
|
|
| Qixia Refrigeration Factory of Shandong New Hope Liuhe Group Co., Ltd |
Filed |
Qixia City Bureau of Environmental Protection |
370686-2018-067-M |
August 2018 |
| Laiyang Tianye Food Co., Ltd |
Filed |
Laiyang City Bureau of Environmental Protection |
370682-2018-23-L |
March 2018 |
| Beijing Kinghey Food Co., Ltd |
Filed |
Pinggu District Bureau of Environmental Protection |
110117-2015-024-M |
November 2015 |
| Hebei Kingley Meat Industry Co., Ltd |
Filed |
Nangong City Bureau of Environmental Protection |
2019-12-M |
December 2019 |
| Liaoning Kingley Food Co., Ltd |
Filed |
Shenyang City Bureau of Environmental Protection Puhe New Town Branch |
210116-2017-029-L |
November 2017 |
| Chengdu Xiwang Food Co., Ltd |
Filed |
Xinjin Bureau of Ecological Environment, |
5101322020047L |
June 2020 |
| Hongyuan New Hope Yak Industry Co., Ltd |
Filed |
Hongyuan Bureau of Ecological Environment, Aba Prefecture |
513233-2020-00L-L |
February 2020 |
Contingency plans just completed by Xindongwan and Guanglv, but not yet filed.
In-house Environmental Monitoring Program
| Compan y name |
Monitoring point |
Monitored item |
Monitoring method |
Monitoring frequency |
Standards adopted |
Emission limits |
Analytic methods |
Source of method |
| Linyi Liuhe Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per quarter |
Water Pollutant Discharge Standard for Meat Processing Industry GB13457-92 and agreements with sewage treatment plant |
450mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
50mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
35mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
6mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 200mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
120mg/L |
Dilution and inoculation method |
HJ505-2009 |
|
|
Animal and vegetable oils |
|
|
|
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler discharge outlets |
Nitrogen oxides |
Manual monitoring |
Once per month |
Boiler Air Pollutant Discharge Standard GB 13271-2014, Boiler Air Pollutant Discharge Standard DB37 2374-2018 |
150mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
Once per year |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
10mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Ringelmann blackness |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Qiuxian Liuhe Kangyua n Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 2 hours Once per quarter |
Water Pollutant Discharge Standard for Meat Processing Industry GB13457-92 and agreements with sewage treatment plant |
450mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
35mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Total phosphorus |
≤5mg/L |
Ammonium molybdate spectrophotometric method |
GB/T11893-1989 |
| Total nitrogen Suspended solids |
≤40mg/L |
Alkaline potassium persulfate digestion UV spectrophotometric method |
HJ636-2012 |
| 200mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
120mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
|
Boiler discharge outlets |
Nitrogen oxides |
Manual monitoring Manual monitoring |
Once per month |
Boiler Air Pollutant Discharge Standard GB 13271-2014, Boiler Air Pollutant Discharge Standard DB37 2374-2018 |
150mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
Once per year |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Particulate matter |
10mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Battery limit odor |
Odor concentration |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
|
|
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Linyi Liuhe Hongche n Farming Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Manual monitoring |
Once per half a year |
Water Pollutant Discharge Standard for Meat Processing Industry GB13457-92 and agreements with sewage treatment plant |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
8mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| pH |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Suspended solids |
300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler discharge outlets |
Nitrogen oxides |
Manual monitoring |
Once per month |
Boiler Air Pollutant Discharge Standard GB 13271-2014, Boiler Air Pollutant |
200mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
Once per year |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
10mg/Nm |
Gravimetric |
HJ/T398-20 |
|
|
|
|
|
Discharge Standard DB37 2374-2018 |
3 |
method |
07 |
| Ringelmann blackness |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Catering Industry Oil Fume Emission Standard (Trial) |
GB18483-2001 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Lanling New Hope Liuhe Hongjun Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per month |
Notice on Approval and Issue of the Modification Forms for four Standards including the Comprehensive Emission Standard for Water Pollutants along the South-to-North Water Transfer Project of Shandong Province, Luzhijianbiaofa [2011] No. 35, Water Pollutant Discharge Standard for Meat Processing Industry GB 13457-92 |
50mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
20mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
5mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
0.3mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 20mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
10mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
3mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler discharge outlets |
Nitrogen oxides |
Manual monitoring |
Once per month |
Boiler Air Pollutant Discharge Standard DB37 2374-2018 |
200mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
Once per year |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
10mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Ringelmann blackness |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93 |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Pingyi Refriger ation Factory of Shandon g New Hope Liuhe Group Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per quarter |
Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
8mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 200mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler discharge outlets |
Nitrogen oxides |
Manual monitoring |
Once per month |
Boiler Air Pollutant Discharge Standard DB37 2374-2018 |
200mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
Once per year |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
10mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Ringelmann blackness |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammoni |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
|
|
a gas) |
|
|
|
|
|
|
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Qingdao Tianrun Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 2 hours Once per month |
Comprehensive Emission Standard of Water Pollutants in the Peninsula Basin of Shandong Province DB37/676-2007, Water Pollutant Emission Standard for Meat Processing Industry GB 13457-92 |
60mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
30mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
10mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Phosphates |
1mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| pH Suspended solids |
June 9 |
Glass electrode method |
GB 6920-1986 |
| 30mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
20mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
5mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler discharge outlets |
Nitrogen oxides |
Manual monitoring |
Once per half a year |
Catering Industry Oil Fume Emission Standard GB18483-2001 Provincial Boiler Air Pollutant Emission Standard "Ultra-low Emission Standard No. 2 Modification Form Luzhijianbiaofa [2016] No. 46. |
200mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
10mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Dyeing and finishing fumes |
2.0mg/Nm3 |
Catering Industry Oil Fume Emission Standard |
GB18483-2001 |
| Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammoni |
1.5mg/N |
Ion selective |
GB/T14669 |
|
|
a (ammonia gas) |
|
|
GB14554-93, |
m3 |
electrode method |
-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 4 hours Once per month |
Surface Water Environmental Quality Standard GB3838-2002 Pollutant Discharge Standard for Urban Sewage Treatment Plants GB18918-2002 |
40mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen pH |
2.0mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| 6-9 |
Glass electrode method |
GB 6920-1986 |
| Suspended solids |
10mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
10mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
1mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
1000/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler discharge outlets |
Nitrogen oxides |
Manual monitoring |
Once per half a year |
Boiler Air Pollutant Discharge Standard GB 13271-2014, Comprehensive Air Pollutant Discharge Standard GB16297-1996, |
150mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
10mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Ringelmann blackness |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Discharge outlets for odor treatment Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide Odor concentration |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| 20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Yishui New Hope Liuhe |
Discharge outlets of |
COD |
Online monitoring |
Once per 2 hours |
Water Quality Standard for Sewage Discharged |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by |
HJ 668-2013 |
| Food Co., Ltd |
sewage treatment station |
|
Manual monitoring |
Once per quarter |
into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
|
flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
|
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
8mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 200mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Guantao Liuhe Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 2 hours Once per month |
Discharge Standard for Urban Sewage Treatment Plants（GB18918-2002） Meat Processing Industry Water Pollutant Discharge Standard（GB13457-92） Water Quality Standard for Farmland Irrigation（GB5084-2005）Dry |
50mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
15mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
5mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
0.5mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| pH Suspended solids |
6-9 |
Glass electrode method |
GB 6920-1986 |
| 10mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
10mg/L |
Dilution and |
HJ505-200 |
|
|
|
|
|
Farming Standard. |
|
inoculation method |
9 |
| Animal and vegetable oils |
1mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
5000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler discharge outlets |
Nitrogen oxides |
Once per year |
Boiler Air Pollutant Discharge Standard (GB13271-2014) |
200mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
Once per month |
10mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Discharge outlets for odor treatment |
Odor concentration |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, Catering Industry Oil Fume Emission Standard GB18483-2001 |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.33kg/h 2.0mg/Nm3 |
Gas chromatography Catering Industry Oil Fume Emission Standard |
GB/T14678-1993 GB18483-2001 |
| Discharge outlets for canteen fumes |
Fumes |
| Battery limit odor |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Binzhou Liuhe Longda Farming Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Manual monitoring |
Once per half a year |
Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
|
|
Suspended solids |
|
|
400mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
300mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
60mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Discharge outlets for odor treatment Battery limit odor |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93, |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide Odor concentration |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| 20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Wudi Liuhe Xinyang Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Once per 6 hours Manual monitoring Once per quarter |
Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Discharge outlets for odor treatment |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93, |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| Battery limit odor |
Odor concentration |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Zouping Liuhe Livestoc k Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per half a year |
Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen pH |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| 6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Suspended solids |
300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Battery limit odor |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Shanxia n Liuhe Feed Co., Ltd |
Discharge outlets of |
COD |
Online monitoring |
Once per 6 hours |
Water Quality Standard for Sewage Discharged |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by |
HJ 668-2013 |
|
flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
|
| 21mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| 8mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| 6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 300mg/L |
Gravimetric method |
GB11901-89 |
| 250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| 1600mg/L 100mg/N m3 |
Gravimetric method Non-dispersive infrared absorption method |
HJ/T 51-1999 HJ 692-2014 |
| 50mg/Nm 3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| 10mg/Nm 3 |
Gravimetric method |
HJ/T398-2007 |
|
|
Ringelmann blackness |
|
|
Emission Standard GB 14554-93, Shandong Provincial Boiler Air Pollutant Emission Standard "Ultra-low Emission Standard No. 2 Modification Form Luzhijianbiaofa [2016] No. 46 Comprehensive Air Pollutant Discharge Standard GB16297-1996 |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Discharge outlets for odor treatment Battery limit odor |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93, |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide Odor concentration |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| 20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Caoxian Liuhe Food Co. ,Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring |
Once per 6 hours |
Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
300mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
Manual monitoring |
Once per half a year |
21mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Suspended solids |
300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform |
/ |
Multi-tube |
HJ637-201 |
|
|
groups |
|
|
|
|
fermentation and filtration membrane |
2 |
| Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Jiaxiang New Hope Liuhe Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per day |
Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Comprehensive Sewage Discharge Standard GB8978-1996 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus pH |
8mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| 6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Suspended solids |
Once per quarter |
200mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
/ |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Discharge outlets for odor treatment Battery limit odor |
Odor concentration |
Once per half a year |
Malodorous Pollutant Discharge Standard GB 14554-93, Comprehensive Air Pollutant Discharge Standard GB16297-1996 |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide Odor concentration |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| 20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammoni |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
|
|
a gas) |
|
|
|
|
|
|
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Yunchen g Liuhe Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per day |
Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Comprehensive Sewage Discharge Standard GB8978-1996 |
60mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
20mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
10mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus pH |
8mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| 6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Suspended solids |
Once per quarter |
30mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
20mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
5mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
5000/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler discharge outlets |
Nitrogen oxides |
Once per half a year |
Boiler Air Pollutant Discharge Standard DB37 2374-2018, Comprehensive Air Pollutant Discharge Standard GB 16927-1996 |
100mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
10mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Ringelmann blackness |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Anshan Liuhe Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per quarter |
Comprehensive Sewage Discharge Standard DB21/1627-2008 Meat Processing Industry Water Pollutant Emission Standard GB |
300mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
30mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
|
|
Dissolved total solids |
|
|
13457-92 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, |
2000mg/L |
Water quality test methods and standards for urban sewage |
CJ/T51 |
| Coliform groups |
10000/L |
Water quality test methods and standards for urban sewage |
CJ/T51 |
| Boiler discharge outlets |
Nitrogen oxides |
Once per month |
Boiler Air Pollutant Discharge Standard GB13271-2014, Comprehensive Air Pollutant Discharge Standard GB16297-1996 |
400mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Mercury and its compounds |
0.05mg/Nm3 |
Cold atomic absorption spectrometry |
HJ543-2009 |
| Sulfide dioxide |
400mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
80mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Ringelmann blackness |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Battery limits |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Particulate matter |
1mg/Nm3 |
Gravimetric method |
GB/T 15432-1995 |
| Panjin Liuhe Farming Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per month |
Comprehensive Sewage Discharge Standard DB 21/1627-2008, Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92, |
50mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
8mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total nitrogen |
15mg/L |
Gas-Phase Molecular Absorption Spectrometry |
HJ/T 199-2005 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 20mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
10mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Dissolved total solids |
2000mg/L |
Water quality test methods and standards for urban sewage |
CJ/T51 |
| Animal and vegetable oils |
20mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
|
|
Coliform groups |
|
|
|
10000/L |
Water quality test methods and standards for urban sewage |
CJ/T51 |
| Boiler discharge outlets |
Nitrogen oxides |
Boiler Air Pollutant Discharge Standard GB13271-2014 |
400mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Mercury and its compounds |
0.05mg/Nm3 |
Cold atomic absorption spectrometry |
HJ543-2009 |
| Sulfide dioxide |
400mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
80mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Ringelmann blackness |
1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Battery limits |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93, |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Particulate matter |
1mg/Nm3 |
Gravimetric method |
GB/T 15432-1995 |
| Donge Liuhe Lvjia Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Manual monitoring |
Once per quarter |
Notice on Approval and Publication of the Modification Forms for four standards including the Comprehensive Emission Standard of Water Pollutants Along the South-to-North Water Transfer Project of Shandong Province (Luzhijianbiaofa [2011] 35), Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
60mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
10mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Suspended solids |
30mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
20mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
5mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Discharge outlets for odor treatment |
Odor concentration |
Once per half a year |
Malodorous Pollutant Emission Standard GB 14554-93, Notice on the Implementation of Special Emission Limits of Air Pollutants in Beijing-Tianjin-Hebei Air Pollution Transmission Channel Cities (Ministry of Environmental Protection Notice No. 9, 2018) |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| Battery limit odor |
Odor concentration |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Liaoche ng Liuhe Rongda Farming Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per quarter |
Meat Processing Industry Water Pollutant Discharge Standard GB13457-92 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T31962-2015 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
/ |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Discharge outlets for odor treatment |
Odor concentration |
Once per half a year |
Malodorous Pollutant Emission Standard GB 14554-93, Notice on the Implementation of Special Emission Limits of Air Pollutants in Beijing-Tianjin-Hebei Air Pollution Transmission Channel Cities |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| Battery limit odor |
Odor concentration |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Shenxia |
Dischar |
COD |
Online |
Once |
Down |
60mg/L |
Dichromate |
HJ828-201 |
| n New Hope Liuhe Qingsiz hai Food Co., Ltd |
ge outlets of sewage treatment station |
|
monitoring Manual monitoring |
per 6 hours Once per month |
Industry Water Pollutant Emission Standard GB 21901-2008, Notice on Approval and Issue of Modification Forms for four standards including the Comprehensive Emission Standard for Water Pollutants Along the South-to-North Water Transfer Line of Shandong Province " Luzhijianbiaofa[2011] No. 35, Water Pollutant Discharge Standard for Meat Processing Industry GB 13457-92 |
|
process |
7 |
| Ammonia nitrogen |
10mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 30mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
15mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Anionic surfactant |
3mg/L |
Methylene blue spectrophotometric method |
/ |
| Animal and vegetable oils |
5mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Discharge outlets for odor treatment Battery limit odor |
Odor concentration |
Once per half a year |
Malodorous Pollutant Emission Standard GB 14554-93, No. 2 Modification Form for Shandong Provincial Comprehensive Emission Standard for Regional Air Pollutants DB37/2376-2013, Luzhijianbiaofa (2016)No. 46 |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Particulate matter |
10mg/Nm3 |
Gravimetric method |
GB/T 15432-1995 |
| Hydrogen sulfide Odor concentration |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| 20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Yanggu Liuhe Luxin Food Co., Ltd |
Discharge outlets of sewage treatme |
COD |
Online monitoring |
Once per 6 hours |
Down Industry Water Pollutant Emission Standard GB 21901-2008, |
50mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
5mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total |
0.3mg/L |
N-Naphthylethyle |
HJ |
| nt station |
phosphorus |
Manual monitoring |
Once per month |
Notice on Approval and Issue of Modification Forms for four standards including the Comprehensive Emission Standard for Water Pollutants Along the South-to-North Water Transfer Line of Shandong Province " Luzhijianbiaofa[2011] No. 35, Water Pollutant Discharge Standard for Meat Processing Industry GB 13457-92 |
nediamine Dihydrochloride spectrophotometric method |
667-2013 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 20mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
10mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Anionic surfactant |
3mg/L |
Methylene blue spectrophotometric method |
/ |
| Animal and vegetable oils |
3mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
5000/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Discharge outlets for odor treatment Battery limit odor |
Odor concentration |
Once per half a year |
Malodorous Pollutant Emission Standard GB 14554-93, No. 2 Modification Form for Shandong Provincial Comprehensive Emission Standard for Regional Air Pollutants DB37/2376-2013, Luzhijianbiaofa (2016)No. 46 |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Particulate matter |
10mg/Nm3 |
Gravimetric method |
GB/T 15432-1995 |
| Hydrogen sulfide Odor concentration |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| 20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Weifang Tianhui Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring |
Once per 6 hours |
Meat Processing Industry Water Pollutant Discharge Standard GB13457-92 Water Quality Standard for Sewage Discharged |
500mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total nitrogen |
70mg/L |
Gas-Phase Molecular Absorption Spectrometry |
HJ/T 199-2005 |
| Total phosphor |
8mg/L |
N-Naphthylethylenediamine |
HJ 667-2013 |
|
|
us |
into Urban Sewers GB/T31962-2015 Manual monitoring Once per quarter Once per half a year Shandong Provincial Comprehensive Discharge Standard for Regional Air Pollutants DB37/2376-2013, Malodorous Pollutant Discharge Standard GB14554-93 Boiler Air Pollutant Discharge Standard DB37 2374-2018 |
|
Dihydrochloride spectrophotometric method |
|
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Anionic surfactant |
20mg/L |
Methylene blue spectrophotometric method |
/ |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
5000/L 30mg/Nm3 |
Multi-tube fermentation and filtration membrane Gravimetric method |
HJ637-2012 GB/T 15432-1995 |
| Duck feather shop |
Particulate matter |
| Battery limit odor |
Odor concentration |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Weifang Hesheng yuan Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Once per hour Meat Processing Industry Water Pollutant Discharge Standard GB13457-92 Water Quality Standard for Sewage Discharged into Urban Sewers GB/T31962-2015 Manual monitoring Once per quarter |
500mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total nitrogen |
70mg/L |
Gas-Phase Molecular Absorption Spectrometry |
HJ/T 199-2005 |
| Total phosphorus |
8mg/L |
N-Naphthylethylenediamine Dihydrochloride spectrophotometric method |
HJ 667-2013 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and |
HJ505-200 |
|
|
|
|
Once per half a year |
Shandong Provincial Comprehensive Discharge Standard for Regional Air Pollutants DB37/2376-2013, Malodorous Pollutant Discharge Standard GB14554-93 Boiler Air Pollutant Discharge Standard DB37 2374-2018 |
|
inoculation method |
9 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
5000/L 2.0mg/Nm3 |
Multi-tube fermentation and filtration membrane Catering Industry Oil Fume Emission Standard |
HJ637-2012 GB18483-2001 |
| Canteen discharge outlets |
Fumes |
| Discharge outlets for odor treatment |
Odor concentration |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
8.7kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.58kg/h |
Gas chromatography |
GB/T14678-1993 |
| Battery limit odor |
Odor concentration |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Luoyang Liuhe Huiquan Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per month |
Meat Processing Industry Water Pollutant Discharge Standard GB13457-92 Comprehensive Sewage Discharge Standard GB8978-1996 |
70mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen pH |
15mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| 6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Total phosphorus |
0.5mg/L |
Ammonium molybdate spectrophotometric method |
HJ 670-2013 |
| Suspended solids |
60mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
25mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
15mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
5000/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Canteen |
Fumes |
Once per half |
Catering Industry Oil |
2.0mg/Nm³ |
Catering Industry Oil Fume |
GB18483-2001 |
|
exhaust outlets |
|
|
a year |
Fume Emission Standard |
|
Emission Standard |
|
| Battery limit odor |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93 |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Hebi Liuhe Zhizhen Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 2 hours Once per month |
Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92, Comprehensive Sewage Discharge Standard GB8978-1996，concentration limits specified in sewage discharge agreements Catering Industry Oil Fume Emission Standard |
350mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen pH |
35mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| 6-8.5 |
Glass electrode method |
GB 6920-1986 |
| Total phosphorus |
Once per day |
4mg/L |
Ammonium molybdate spectrophotometric method |
HJ 670-2013 |
| Suspended solids |
Once per month Once per half a year |
60mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
25mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
15mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
5000/L 2.0mg/Nm³ |
Multi-tube fermentation and filtration membrane Catering Industry Oil Fume Emission Standard |
HJ637-2012 GB18483-2001 |
| Canteen exhaust outlets |
Fumes |
| Battery limit odor |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93 |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Laiwu New Hope Liuhe Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring |
Once per 6 hours |
Water Quality Standard for Sewage Discharged into Urban Sewers GB/T31962-2015 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total nitrogen |
70mg/L |
N-Naphthylethylenediamine Dihydrochloride |
HJ 668-2013 |
|
|
|
Manual monitoring |
Once per quarter |
|
|
spectrophotometric method |
|
| pH |
6.5-9.5 |
Glass electrode method |
GB 6920-1986 |
| Total phosphorus Suspended solids |
8mg/L |
Ammonium molybdate spectrophotometric method |
HJ 670-2013 |
| 400mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
350mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
100mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Boiler exhaust stacks |
Nitrogen oxides |
Once per half a year |
Shandong Provincial Boiler Air Pollutant Emission Standard "Ultra-low Emission Standard No. 2 Modification Form Luzhijianbiaofa [2016] No. 46 |
200mg/Nm3 |
Fixed potential electrolysis method |
HJ 693-2014 |
| Sulfide dioxide |
50mg/Nm3 |
Iodometric assay |
HJ/T 56-2000 |
| Fumes |
10mg/Nm3 |
Boiler fume test method |
GB 5468-91 |
| Discharge outlets for odor treatment |
Odor concentration |
Malodorous Pollutant Discharge Standard GB14554-93, |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| Dezhou Liuhe Zhikang Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Manual monitoring |
Once per half a year |
Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total nitrogen |
70mg/L |
N-Naphthylethylenediamine Dihydrochloride spectrophotometric method |
HJ 668-2013 |
| pH |
6.0-8.5 |
Glass electrode method |
GB 6920-1986 |
| Total phosphorus |
8mg/L |
Ammonium molybdate spectrophotometric method |
HJ 670-2013 |
| Suspended solids |
300mg/L |
Gravimetric method |
GB11901-89 |
|
|
BOD5 |
|
|
|
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Coliform groups |
/ |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Boiler exhaust stacks |
Ringelmann blackness |
Once per year |
Boiler Air Pollutant Discharge Standard DB37 2374-2018, Boiler Air Pollutant Discharge Standard GB 13271-2014, |
Level 1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Nitrogen oxides |
150mg/Nm3 |
Fixed potential electrolysis method |
HJ 693-2014 |
| Sulfide dioxide |
50mg/Nm3 |
Iodometric assay |
HJ/T 56-2000 |
| Fumes |
10mg/Nm3 |
Boiler fume test method |
GB 5468-91 |
| Discharge outlets for odor treatment |
Odor concentration |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| Feixian Liuhe Huahai Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 6 hours Once per month |
Notice on Approval and Issue of the Modification Forms for Four Standards Including the Comprehensive Discharge Standard for Water Pollutants Along the South-to-North Water Transfer Project of Shandong Province Luzhijianbiaofa [2011] No. 35, Water Pollutant Emission Standard for Meat Processing |
50mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
5mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
0.3mg/L |
N-Naphthylethylenediamine Dihydrochloride spectrophotometric method |
HJ 667-2013 |
| pH Suspended solids |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 20mg/L |
Gravimetric method |
GB11901-89 |
| Total nitrogen |
20mg/L |
Gas-Phase Molecular Absorption Spectrometry |
HJ/T 199-2005 |
| BOD5 |
10mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
3mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000/L |
Multi-tube fermentation and filtration |
HJ637-2012 |
|
|
|
|
|
Industry GB 13457-92, Comprehensive Discharge Standard for Water Pollutants Along the South-to-North Water Transfer Project in Shandong Province DB37/ 599-2006, Modification Forms DB37 / 599-2006 for Four Standards including the Comprehensive Discharge Standard for Water Pollutants along the South-to-North Water transfer Project in Shandong Province, increasing the limit of total nitrogen. |
|
membrane |
|
| Battery limit odor |
Odor concentration |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93 |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Fuxin Liuhe Farming Co., Ltd Food Branch |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual |
Once per 2 hours Once |
Meat Processing Industry Water Polllutant Discharge Standard GB 13457-92, Comprehensive Sewage Discharge Standard DB 21/1627-2008 |
300mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
30mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
5mg/L |
Ammonium molybdate spectrophotometric method |
|
| Total nitrogen |
50mg/L |
Spectrophotometric method |
|
| pH Suspend |
6-8.5 |
Glass electrode method |
GB 6920-1986 |
| 300mg/L |
Gravimetric |
GB11901-8 |
|
|
ed solids |
monitoring |
per quarter |
|
|
method |
9 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
/ |
Fermentation method |
GB5750 |
| Boiler discharge outlets |
Nitrogen oxides |
Once per month |
Boiler Air Pollutant Discharge Standard GB13271-2014 |
200mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 692-2014 |
| Sulfide dioxide |
Once per year |
50mg/Nm3 |
Non-dispersive infrared absorption method |
HJ 629-2011 |
| Fumes |
20mg/Nm3 |
Gravimetric method |
HJ/T398-2007 |
| Ringelmann blackness |
Level 1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Discharge outlets for odor treatment |
Odor concentration |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| Battery limit odor |
Odor concentration |
20 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Taiqian New Hope Liuhe Luxin Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring |
Once per 6 hours |
Down Industry Water Pollutant Emission Standard GB 21901-2008, Notice on Approval and Issue of Modification Forms for four standards including the Comprehensive Emission Standard for Water Pollutants Along the |
500mg/L |
Dichromate process |
HJ828-2017 HJ 535-2009 GB/T 16488-1996 |
| Ammonia nitrogen |
25mg/L |
Nessler’s reagent spectrophotometry |
| Total phosphorus |
8mg/L |
N-Naphthylethylenediamine Dihydrochloride spectrophotometric method |
| pH |
Upper limit 8.5 dimensionless, lower limit: 6 dimensionless |
Glass electrode method |
GB 6920-1986 |
| Suspend |
Manual |
Once |
300mg/L |
Gravimetric |
GB11901-8 |
|
ed solids |
monitoring per month South-to-North Water Transfer Line of Shandong Province " Luzhijianbiaofa[2011] No. 35, Water Pollutant Discharge Standard for Meat Processing Industry GB 13457-92 Once per half a year Malodorous Pollutant Emission Standard GB 14554-93, No. 2 Modification Form for Shandong Provincial Comprehensive Emission Standard for Regional Air Pollutants DB37/2376-2013, Luzhijianbiaofa (2016)No. 46 Online monitoring Once per 6 hours Pollutant Emission Standard for Urban Sewage Treatment Plants (GB 18918-2002); Meat Processing Industry Water Pollutant Discharge Standard (GB |
|
method |
9 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Total nitrogen |
45mg/L |
Alkaline potassium persulfate digestion UV spectrophotometric method |
HJ 636-2012 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000mg/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Boiler exhaust treatme nt dischar ge outlet Dischar ge outlets of sewage treatme nt station Dischar ge outlets of sewage treatme nt station |
Ringelmann blackness |
1mg/Nm3 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Nitrogen oxides |
30mg/Nm3 |
N-Naphthylethylenediamine Dihydrochloride spectrophotometric method |
HJ/T 43-1999 |
| Particulate matter |
5mg/Nm3 |
Determination of particulate matter in stationary pollution source emissions and sampling method for gaseous pollutants |
GB/T 16157-1996 |
| Sulfide dioxide Odor concentration |
10mg/Nm3 |
Iodometric assay |
HJ/T 56-2000 |
| 2000mg/Nm3 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide Total nitrogen |
0.06mg/Nm3 70mg/L |
Gas chromatography Alkaline potassium persulfate digestion UV spectrophotometric method |
GB/T14678-1993 HJ 636-2012 |
| pH |
6-8.5 (dimensionless) |
Glass electrode method |
GB/T 6920-1986 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ 535-2009 |
| COD |
500mg/L |
Dichromate |
HJ828-201 |
|
|
|
|
|
13457-92) |
|
process |
7 |
| BOD5 |
Manual monitoring |
Once per month |
250mg/L |
Dilution and inoculation method |
HJ 505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2018 |
| Suspended solids |
300mg/L |
Gravimetric method |
GB/T 11901-1989 |
| Fecal coliform groups |
10000/L |
Multi-tube fermentation method |
HJ 347.2-2018 |
| Exhaust discharge outlet of sewage treatment station Discharge outlet of slaughtering workshop |
Ammonia (ammonia gas) |
Once per half a year |
Malodorous Pollutant Discharge Standard GB14554-93, |
4.9kg/h |
Nessler’s reagent spectrophotometry |
HJ 533-2009 |
| Hydrogen sulfide |
0.33kg/h |
Methylene blue spectrophotometric method |
“Air and Waste Gas Monitoring and Analysis Methods” Version 4 Enlarged Edition 5.4.10.3 |
| Odor concentration Ammonia (ammonia gas) |
2000 (dimensionless) |
Triangle odor bag method |
GB/T 14675-1993 |
| 4.9kg/h |
Nessler’s reagent spectrophotometry |
HJ 533-2009 |
| Hydrogen sulfide |
0.33kg/h |
Methylene blue spectrophotometric method |
“Air and Waste Gas Monitoring and Analysis Methods” Version 4 Enlarged Edition 5.4.10.3 |
| Odor concentration |
2000 (dimensionless) |
Triangle odor bag method |
GB/T 14675-1993 |
| Qixia Refriger ation Factory of Shandon g New Hope Liuhe Group Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring Manual monitoring |
Once per 1 hours Once per quarter |
Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 |
50mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
5mg/L |
Nessler’s reagent spectrophotometry |
HJ 668-2013 |
| pH Suspended solids |
6--9 |
Glass electrode method |
HJ535-2009 |
| 60mg/L |
Gravimetric method |
GB11901-89 |
| Animal and vegetabl |
15mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
|
|
e oils |
|
|
Malodorous Pollutant Discharge Standard GB14554-93, |
0.1mg/Nm3 |
Methylene blue spectrophotometric method |
GB/T14675-1993 |
| Battery limit odor Boiler exhaust stacks |
Malodorous odor Nitrogen oxides |
| Boiler Air Pollutant Discharge Standard （GB 13271-2014） |
200mg/Nm3 |
Fixed potential electrolysis method |
HJ693-2014 |
| Sulfide dioxide |
50mg/m³ |
Fixed potential electrolysis method |
HJ/T57-2000 |
| Particulate matter |
20mg/Nm3 |
Gravimetric method |
GB/T15432-1995 |
| Laiyang Tianye Food Co., Ltd |
Discharge outlets of sewage treatment station |
COD |
Online monitoring |
Once per 24 hours |
Water Pollutants in the Peninsula Basin of Shandong Province DB37/676-2007 |
COD 30mg/l |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
Ammonia nitrogen 1.5mg/l |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| pH |
pH6-9 |
Glass electrode method |
GB 6920-1986 |
| Animal oils |
≤5mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Total phosphorus |
Total phosphorus 0.5mg/l |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| Total nitrogen |
Total nitrogen 15mg/l |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Boiler discharge outlets |
Nitrogen oxides |
Manual monitoring |
Once per quarter |
Shandong Provincial Boiler Air Pollutant Emission Standard No. 2 Modification Form (Luzhijianbiaofa [2016] No. 46, Malodorous Pollutant Emission Standard GB 14554-93 |
200mg/m³ |
Laser backscattering method |
GB/T16157-1996 |
| Sulfide dioxide |
50mg/m³ |
Ultraviolet differential optical absorption spectroscopy |
HJ/T397-2007 |
| Particulate matter |
20mg/m³ |
| Beijing Kinghey Food Co., Ltd |
Outlet of sewage treatment station |
COD |
Online monitoring |
Four times/day |
Comprehensive Discharge Standard for Water Pollutants（DB11/307-2013） |
500mg/L |
Dichromate process |
HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine |
HJ 668-2013 |
|
|
Manual monitoring |
Once per quarter |
|
|
dihydrochloride spectrophotometry |
|
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus |
8.0mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| pH Suspended solids |
6.5-9 |
Glass electrode method |
GB 6920-1986 |
| 400mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
300mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Dischar ge outlets of renderi ng shop |
Non-methane hydrocarbons |
Manual monitoring Online monitoring Manual monitor |
Once per half a year Four times/day Once per |
Comprehensive Air Pollutant Discharge Standard DB11/501-2007 |
50mg/Nm3 |
Gas chromatography |
HJ/T 38-1999 |
| Cantee n fumes Outlet of sewage treatme nt station |
Fumes |
Catering Industry Oil Fume Emission Standard (Trial) GB18483-2001 Comprehensive Discharge Standard for Water Pollutants（DB11/307-2013） |
1mg/Nm3 |
Catering Industry Oil Fume Emission Standard (Trial) |
GB18483-2001 |
| Particulate matter |
5mg/Nm3 |
Manual weighing method |
DB11/T1485 |
| Non-methane hydrocarbons COD |
10mg/Nm3 500mg/L |
Gas chromatography Dichromate process |
HJ/T 38-1999 HJ828-2017 |
| Total nitrogen |
70mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphorus pH |
8.0mg/L |
Ammonium molybdate spectrophotometric method |
HJ 671-2013 |
| 6.5-9 |
Glass electrode method |
GB 6920-1986 |
|
|
Suspended solids |
ing |
quarter |
|
400mg/L |
Gravimetric method |
GB11901-89 |
| Phosphates |
1.0mg/L |
Spectrophotometric method |
HJ 670-2013 |
| BOD5 |
300mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
50mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000/L |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Exhaust funnels of air floatation tanks, exhaust funnels of de-sliming shops, exhaust funnels of grilles, exhaust funnels of waiting pens, discharge outlets for harmless treatment |
Odor concentration |
|
|
Odorous Pollutant Discharge Standard GB14554-93 |
2000 |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
4.9kg/h |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.33kg/h |
Gas chromatography |
GB/T14678-1993 |
| Liaonin g Kingley Food Co., Ltd |
Outlet of sewage treatment station |
COD |
Online monitoring |
Four times/day |
Comprehensive Sewage Discharge Standard DB21/1627-2008 Meat Processing Industry Water Pollutant Discharge Standard GB13457-92 |
300mg/L |
Fast digestion spectrophotometric method |
HJ/T399-2007 |
| Total nitrogen |
50mg/L |
Determination of total nitrogen by flow injection analysis (FIA) and N-(1-naphthyl)ethylene diamine dihydrochloride spectrophotometry |
HJ 668-2013 |
| Ammonia nitrogen |
30mg/L |
Nessler’s reagent spectrophotometry |
HJ535-2009 |
| Total phosphor |
5mg/L |
Ammonium molybdate |
HJ 671-2013 |
|
|
us |
Manual monitoring |
|
|
|
spectrophotometric method |
|
| pH Suspended solids |
Once per quarter |
6.0-8.5 |
Glass electrode method |
GB 6920-1986 |
| 300mg/L |
Gravimetric method |
GB11901-89 |
| BOD5 |
250mg/L |
Dilution and inoculation method |
HJ505-2009 |
| Animal and vegetable oils |
60mg/L |
Infrared spectrophotometry |
HJ 637-2012 |
| Coliform groups |
10000 |
Multi-tube fermentation and filtration membrane |
HJ637-2012 |
| Battery limit odor |
Odor concentration |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB 14554-93, Comprehensive Air Pollutant Discharge Standard GB16297-1996 |
20 dimensionless |
Triangle odor bag method |
GB/T14675-1993 |
| Ammonia (ammonia gas) |
1.5mg/Nm3 |
Ion selective electrode method |
GB/T14669-1993 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Gas chromatography |
GB/T14678-1993 |
| Chengd u Xiwang Food Co., Ltd |
Effluent discharge outlet |
COD |
All indicators are subject to manual monitoring, of which COD, ammonia nitrogen, total phosphorus, total nitrogen and pH are covered by online monitoring |
Manual monitoring: once per half a year online monitoring: once per two hours |
Water Quality Standard for Sewage Discharged into Urban Sewers GB/T 31962-2015, Meat Processing Industry Water Pollutant Emission Standard GB 13457-92 |
500mg/L |
Dichromate process |
HJ828-2017 |
| Ammonia nitrogen |
45mg/L |
Nessler’s reagent spectrophotometry |
HJ 535-2009 |
| pH |
6.0-8.5 |
Glass electrode method |
GB 6920-86 |
| Total phosphorus |
8mg/L |
Ammonium molybdate spectrophotometric method |
GB 11893-89 |
| Suspended solids |
400mg/L |
Gravimetric method |
GB 11901-89 |
| BOD5 |
300mg/L |
Dilution and inoculation method |
HJ 505-2009 |
| Animal and vegetable oils |
60mg/L |
Infrared photometric method |
HJ637-2018 |
| Coliform groups |
-- |
Multi-tube fermentation method |
Water and Wastewater Monitoring and Analysis Methods (Version 4) (enlarged edition) |
| Total nitrogen |
70mg/L |
Alkaline potassium |
HJ636-2012 |
|
|
|
|
|
|
|
persulfate digestion UV spectrophotometric method |
|
| Boiler exhaust vent |
Nitrogen oxides |
Manual monitoring |
Once per month |
Boiler Air Pollutant Discharge Standard GB 13271-2014, |
150mg/Nm3 |
Fixed potential electrolysis method |
HJ 693-2014 |
| Sulfide dioxide |
Once per year |
50mg/Nm3 |
Fixed potential electrolysis method |
HJ 57-2017 |
| Particulate matter |
20mg/Nm3 |
Gravimetric method |
HJ 836-2017 |
| Ringelmann blackness |
Level 1 |
Ringelmann fume blackness chart |
HJ/T398-2007 |
| Fugitive emissions |
Ammonia (ammonia gas) |
Manual monitoring |
Twice per year |
Malodorous Pollutant Discharge Standard GB 14554-93, |
1.5mg/Nm3 |
Nessler’s reagent spectrophotometry |
HJ533-2009 |
| Hydrogen sulfide |
0.06mg/Nm3 |
Methylene blue spectrophotometric method |
Air and Waste Gas Monitoring and Analysis Methods (Version 4) |
| Odor concentration |
20mg/Nm3 |
Triangle odor bag method |
GB/T14675-1993 |
| Hongyu an New Hope Yak Industry Co., Ltd |
Battery limit odor |
Odor concentration, hydrogen sulfide |
Manual monitoring |
Once per half a year |
Malodorous Pollutant Discharge Standard GB 14554-93, |
1.5mg/Nm3 |
Determination of malodorous pollutants for air quality—triangle odor bag method |
GBT14675-1993 |
| Wastewater discharge outlet |
Suspended solids |
Manual monitoring |
Once per quarter |
Meat Processing Industry Water Pollutant Discharge Standard GB 13457-92 |
60mg/L |
Determination of suspended solids for water quality-gravimetric method |
GB11901-1989 |
| Coliform groups |
Once per quarter |
5000/L |
Fermentation method |
|
| Total nitrogen |
|
|
Determination of total nitrogen for water quality—Alkaline potassium persulfate digestion UV spectrophotometric method |
HJ636-2012 |
| Total phosphorus |
|
|
|
|
| COD |
Once per quarter |
80mg/L |
Determination of COD for water quality-dichromate titration method |
HJ828-2017 |
| BOD5 |
Once |
30mg/L |
Determination of |
HJ505-200 |
|
|
|
|
per quarter |
|
|
5-day biochemical oxygen demand for water quality (BOD5)—dilution and inoculation method |
9 |
| Ammonia nitrogen |
Once per quarter |
15mg/L |
Determination of ammonia nitrogen for water quality--Spectrophotometric method with salicylic acid |
HJ536-2009 |
| pH value |
Once per quarter |
6.0-8.5 |
Water quality—determination of pH value by glass electrode method |
GB6920-1986 |
| Animal and vegetable oils |
Once per quarter |
15mg/L |
Water quality—determination of animal and vegetable oils by infrared spectrophotometry |
Replaced by HJ637-2012 |
| Zhejiang Xindong wan Agricult ural Develop ment Co., Ltd |
Transformation phase |
| Hangzho u Guanglv Breedin g Co., Ltd |
Transformation phase |
Other disclosabe environmental information
| Company |
Pollutant discharge permit No. |
Date issued |
Expiry date |
| Linyi Liuhe Food Co., Ltd |
91371424690608012M001Y |
2018-12-9 |
2021-12-31 |
| Qiuxian Liuhe Kangyuan Food Co., Ltd |
91130430598257627Y001V |
2019-3-4 |
2022-3-3 |
| Linyi Liuhe Hongchen Farming Co., Ltd |
91371300684847260M001Q |
2018-12-31 |
2021-12-30 |
| Lanling New Hope Liuhe Hongjun Food Co., Ltd |
91371324074412809A001Z |
2018-12-31 |
2021-12-30 |
| Pingyi Refrigeration Factory of Shandong New Hope Liuhe Group Co., Ltd |
91371326730643307N001X |
2018-12-31 |
2021-12-30 |
| Qingdao Tianrun Food Co., Ltd |
9137028373726158XG001R |
2018-11-29 |
2021-11-28 |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
911411815684736446001P |
2018-11-5 |
2021-11-4 |
| Yishui New Hope Liuhe Food Co., Ltd |
91371323676832608P001Q |
2018-12-31 |
2021-12-30 |
| Guantao Liuhe Food Co., Ltd |
911304338720976263001W |
2019-4-29 |
2022-4-28 |
| Binzhou Liuhe Longda Farming Co., Ltd |
91371600780754056D001X |
2018-12-15 |
2021-12-14 |
| Wudi Liuhe Xinyang Food Co., Ltd |
913716237892643444001W |
2019-1-1 |
2021-12-31 |
| Zouping Liuhe Livestock Co., Ltd |
9137162672075787X3001Y |
2018-12-17 |
2021-12-16 |
| Shanxian Liuhe Feed Co., Ltd Food Branch |
91371722054960365G001W |
2019-1-1 |
2021-12-31 |
| Caoxian Liuhe Food Co. ,Ltd |
91371721668055386B001Y |
2019-1-1 |
2021-12-31 |
| Jiaxiang New Hope Liuhe Food Co., Ltd |
91370829MA3C7NQJ53001V |
2018-12-11 |
2021-12-10 |
| Yuncheng Liuhe Food Co., Ltd |
913717257939188497001R |
2019-1-1 |
2021-12-31 |
| Anshan Liuhe Food Co., Ltd |
91210321664575659M001R |
2018-12-14 |
2021-12-13 |
| Panjin Liuhe Farming Co., Ltd |
91211121696196493W001R |
2018-12-22 |
2021-12-21 |
| Donge Liuhe Lvjia Food Co., Ltd |
91371524554382151H001Y |
2018-12-4 |
2021-12-3 |
| Liaocheng Liuhe Rongda Farming Co., Ltd |
913715267986527441001Q |
2018-12-13 |
2021-12-12 |
| Shenxian New Hope Liuhe Qingsizhai Food Co., Ltd |
91371522081794657Y001X |
2018-12-14 |
2021-12-13 |
| Yanggu Liuhe Luxin Food Co., Ltd |
91371521684826830M001Q |
2018-12-3 |
2021-12-2 |
| Weifang Tianhui Food Co., Ltd |
913707837961923691001R |
2019-1-1 |
2021-12-31 |
| Weifang Heshengyuan Food Co., Ltd |
91370784771026284D001X |
2019-1-1 |
2021-12-31 |
| Luoyang Liuhe Huiquan Food Co., Ltd |
914103816794610724001P |
2018-9-30 |
2021-9-29 |
| Hebi Liuhe Zhizhen Food Co., Ltd |
91410621MA3X68M315001Y |
2018-11-28 |
2021-11-27 |
| Laiwu New Hope Liuhe Food Co., Ltd |
91371202082953517U001Q |
2018-12-24 |
2021-12-23 |
| Dezhou Liuhe Zhikang Food Co., Ltd |
91371421673188095B001W |
2019-1-1 |
2021-12-31 |
| Feixian Liuhe Huahai Food Co., Ltd |
913713255903361016001Y |
2018-12-31 |
2021-12-30 |
| Fuxin Liuhe Farming Co., Ltd Food Branch |
91210900749795052A001V |
2018-12-12 |
2021-12-11 |
| Taiqian New Hope Liuhe Luxin Food Co., Ltd |
91410927MA483TF88Y001V |
2020-5-27 |
2023-5-26 |
| Leting Liuhe Xinmeizi Food Co., Ltd |
91130225590963076Q001Z |
2018-12-11 |
2021-12-10 |
| Qixia Refrigeration Factory of Shandong New Hope Liuhe Group Co., Ltd |
91370686731690885C001Z |
2019-3-6 |
2022-3-5 |
| Laiyang Tianye Food Co., Ltd |
913706826705109232001Y |
2019-1-1 |
2021-12-31 |
| Beijing Kinghey Food Co., Ltd |
91110000741567725K001Z |
2018-12-21 |
2021-12-20 |
| Hebei Kingley Meat Industry Co., Ltd |
91130581776166315U001Z |
2018-12-14 |
2021-12-13 |
| Liaoning Kingley Food Co., Ltd |
91210113784575311A001Y |
2018-12-20 |
2021-12-19 |
| Chengdu Xiwang Food Co., Ltd |
91510132621702689Y001P |
2018-10-18 |
2021-10-17 |
| Hongyuan New Hope Yak Industry Co., Ltd |
91513233071441831B001U |
2019-7-26 |
2022-7-25 |
| Zhejiang Xindongwan Agricultural Development Co., Ltd |
91330100563025041U |
2020.5.25 |
2023.5.24 |
| Hangzhou Guanglv Breeding Co., Ltd |
91330100673956664C |
2020.5.25 |
2023.5.24 |
Other information related to environmental protection
None
XIX: Remarks on other important events
√ applicable □ not applicable
1. To increase the work efficiency and enhance strategic cooperation with major raw materials suppliers, according to the actual needs of the purchasing business, the company gave guarantees for payment for raw materials purchase of up to 2,500 million Yuan in favor of the raw materials purchase and sale contracts executed between 104 subsidiaries and 33 feed ingredient suppliers including COFCO Trade Co., Ltd within the period of authorization, accounting for 9.59% of the most recently audited (2019) 26,061.6899 million Yuan net assets of the company attributable to shareholders of the listed company. This event was deliberated and approved by the 2019 annual general meeting of the company.
2. In light of its operational reality, the company expects that it and its majority-owned subsidiaries will provide a total of 64,500.00 million Yuan joint liability warranty guarantees for its subsidiaries in 2020, accounting for 247.49% of the most recently audited (2019) 26,061.6899 million Yuan net assets of the company attributable to shareholders of the listed company, of which the financing guarantees provided by the company’s majority-owned subsidiaries total 58,900.00 million Yuan (including no more than 5.0 billion Yuan guarantees in total provided to newly-established or newly-added subsidiaries) and the financing guarantees provided to breeding farms(households) or distributors total 5,600.00 million Yuan. This event was deliberated and approved by the 2019 annual general meeting of the company.
3. The company and its affiliates executed related daily purchase and sales agreements in light of actual operational needs, whereby the company purchases feed ingredients, dairy products, farming equipment and other products from its affiliates and their subsidiaries for no more than RMB 671.00 million Yuan in 2020 and the total amount actually incurred of the same type of transactions was 30.5653 million Yuan in 2019; the company received services worth no more than RMB 1,131.70 million Yuan from its affiliates and their subsidiaries, while the total amount actually incurred of the same type of transactions was 168.2485 million Yuan in 2019; the company leased assets of no more than RMB 6 million Yuan from its affiliates, while the total amount actually incurred of the same type of transactions was 3.5263 million Yuan in 2019; the company sold feeds, packaging materials, meat products and delis of no more than RMB 289 million Yuan to its affiliates and their subsidiaries, while the total amount actually incurred of the same type of transactions was 126.6003 million Yuan in 2019. This event was deliberated and approved by the 2019 annual general meeting of the company.
Due to operational needs of subsidiaries, the amount of labor services received by the company from its affiliates and their subsidiaries in 2020 was adjusted from no more than 2,451.70 million Yuan to 3,451.70 million Yuan, and the amount of feed ingredients, dairy products and breeding equipment purchased from affiliates and their subsidiaries was adjusted from no more than 671.00 million Yuan to 742.00 million Yuan, without adjustments made to estimated amounts of other related-party transactions. After the aforesaid adjustments, the company’s estimated total amount of daily related-party transactions in 2020 was 4,550.70 million Yuan. This event was deliberated and approved by the 2nd extraordinary general meeting of the company in 2020. 4. To solidly advance its pig farming strategy, guarantee the financial needs will be met in the company’s pig farming project investment and construction while expanding new financing channels, adjusting its debt structure and reducing its funding cost, the company decided to issue renewable corporate bonds publicly to professional investors. The scale of this bond issue is no more than RMB 10 billion Yuan (inclusive), planned to be issued in phases, with the first phase of bond issue no more than RMB 3 billion Yuan(inclusive) and basic term of no more than 5 years (inclusive), to be issued in the form of fixed interest rate, with the nominal interest rates to be determined based on the market conditions at the time of issue.
The company has received the “Approval of Registration of Renewable Corporate Bonds to be Issued by the Company Publicly to Professional Investors” from CSRC, approving the company’s application for registration of no more than 10 billion Yuan renewable corporate bonds to be publicly issued to professional investors, which will be issued in phases, with the first phase to be completed within 12 months of date of CSRC’s approval of registration and the remaining phases to be completed within 24 months of date of CSRC’s approval of registration.
5. Along with the full-scale advancement of the company’s pig farming strategy, which significantly increased the working capital required and made the existing Financial Services Agreement between the company and the finance company no longer meet the needs, both parties have decided to execute a new 3-year Financial Services Agreement on the basis of freewill, equality and mutual benefit in light of the latest business developments, whereby the upper limit of per-day maximum deposit balance of the company with the finance company will be increased from 5.5 billion Yuan to 10 billion Yuan and the comprehensive credit limits granted by the finance company to the company and its subsidiaries will be increased from 8 billion Yuan per year to 10 billion Yuan per year, This event was deliberated and approved by the 1st extraordinary general meeting of the company in 2020.
6. To solidly advance its pig farming strategy and guarantee the financial needs will be met for the pig farming project investment and construction and daily operational needs, the company decided to privately issue stocks to particular subjects in order to raise funds of no more than 4 billion Yuan (inclusive), which, after deduction of the issue costs, will be invested in the company’s pig farming projects and as additional working capital, including a total investment of 3.2 billion Yuan in its pig farming projects and a total of 800 million Yuan as additional working capital. The intended recipients are the company’s controlling shareholder New Hope Group and its controlled entity South Hope. The type of stock of this private placement is domestically listed RMB ordinary shares(A shares), with par value of RMB 1.00 Yuan per share. Due to the implementation of the 2019 equity distribution scheme by the company, the issue price of stock of this private placement was adjusted from 22.73 Yuan per share to 22.58 Yuan per share, and the quantity of stocks to be issued was adjusted from no more than 175,978,882 shares (inclusive) to no more than 177,147,918 shares (inclusive).
The company privately placed 177,147,918 restricted tradable shares to South Hope and New Hope Group, which were listed on October 29, 2020.
7. The record date for completion of grant of stock options/restricted stocks under the company’s 2019 restricted stock and stock option incentive plan was July 29,2019, and according to the company’s “2019 Restricted Stock and Stock Option Incentive Plan (Draft)”, the stock options/restricted stocks granted by the company to incentive recipients may apply for exercise of 50% of the stock options granted and unlocking of 25% of restricted stocks granted from the first trading day after 12 months of the date of completion of grant registration to the last trading date within 24 months of the date of completion of grant registration. Meanwhile, in light of the business performance realized by the company in 2019 and results of personal performance appraisal of all incentive recipients in 2019, 23 incentive recipients eligible for exercise under this incentive plan of the company exercised at their sole discretion a total of 4,095,000 exercisable stock options at a price of 16.47 Yuan/option. The number of incentive recipients eligible for unlocking in the first unlocking period of the restricted stocks granted this time was 23, and the number of restricted stocks that can be unlocked was 877,500 stocks, which were listed for trading o August 20, 2020.
According to the Company’s “Measures for Performance Appraisal Management under the 2019 Restricted Stock and Stock Option Incentive Plan” and the appraisal determinations made at the 2nd meeting of the remuneration and appraisal committee of the 8th board of directors of the company in 2020, the stock options granted in the current period to 2 incentive recipients failing to meet the appraisal standards but not yet approved for exercise which were cancelled this time totaled 105,000, and the restricted stocks granted in the current period totaled 22,500 stocks. This event was deliberated and approved by the 1st extraordinary general meeting of the company in 2020.
8. In order to promote maximization of shareholder value and effectively preserve interests of all investors, out of confidence in the future sustainable and steady development and recognition of the corporate value, as well as of the need to continuously motivate the operation and management teams, ensure implementation of the company’s various strategies specially pig farming strategy, realization of pig slaughtering objectives laid down in the plans, and in light of the company’s operational and financial condition and stock price trends, the company plans to repurchase part of public shares with centralized competitive bidding process via Shenzhen Stock Exchange’s stock trading system, for a total repurchase amount of no less than 400.00 million Yuan (inclusive) and no more than 800.00 million Yuan (inclusive), at a price of no more than 40.00 Yuan/share (inclusive), with the shares to be repurchased this time being intended for employee stock ownership plan or stock incentives, for a period of no more than 12 months as of the share repurchase scheme being deliberated and passed by the board of directors. This event was deliberated and approved by the 22nd meeting of the 8th board of directors the company.
9．In order to advance the smooth conduct of public issuance of convertible corporate bonds by the company, in light of the corporate reality, the company adjusted the issue size of this public issuance of convertible corporate bonds from no more than 8.5 billion Yuan (inclusive) to no more than 8.15 billion Yuan (inclusive), which, after deduction of issuance cost, will be used for investment in pig farming projects and repayment of bank loans. The company’s application for this public issuance of convertible corporate bonds has been reviewed and approved by the issuance examination committee of CSRC,
XX. Significant events of the company’s subsidiaries
□ applicable √ not applicable
Section 6 Share changes and shareholders
I. Share changes
1. Share changes
Unit: share
|
Before this change |
Increase or decrease due to this change (+, -) |
After this change |
|---|
| Amount |
Proportion |
New shares issued |
Bonus shares |
Provident fund converted into shares |
Others |
Subtotal |
Amount |
Proportion |
|---|
| I. Restricted shares |
18,057,758 |
0.43% |
177,147,918 |
|
|
-12,462,461 |
164,685,457 |
182,743,215 |
4.06% |
| 1. Shares held by the state |
|
|
|
|
|
|
|
|
|
| 2. Shares held by state-owned legal persons |
|
|
|
|
|
|
|
|
|
| 3. Shares held by other domestic-funded entities |
18,057,758 |
0.43% |
177,147,918 |
|
|
-12,462,461 |
164,685,457 |
182,743,215 |
4.06% |
| Wherein: shares held by domestic legal persons |
1,783,456 |
0.04% |
177,147,918 |
|
|
-1,783,456 |
175,364,462 |
177,147,918 |
3.93% |
| Shares held by domestic natural persons |
16,274,302 |
0.39% |
0 |
|
|
-10,679,005 |
-10,679,005 |
5,595,297 |
0.13% |
| 4. Shares held by foreign capital |
|
|
|
|
|
|
|
|
|
| Wherein: shares held by overseas legal persons |
|
|
|
|
|
|
|
|
|
| Shares held by overseas natural persons |
|
|
|
|
|
|
|
|
|
| II. Unrestricted shares |
4,197,957,251 |
99.57% |
|
|
|
125,100,515 |
125,100,515 |
4,323,057,766 |
95.94% |
| 1. RMB ordinary shares |
4,197,957,251 |
99.57% |
|
|
|
125,100,515 |
125,100,515 |
4,323,057,766 |
95.94% |
| 2. Foreign shares listed at home |
|
|
|
|
|
|
|
|
|
| 3. Foreign shares listed abroad |
|
|
|
|
|
|
|
|
|
| 4. Others |
|
|
|
|
|
|
|
|
|
| III. Total shares |
4,216,015,009 |
100.00% |
177,147,918 |
|
|
112,638,054 |
289,785,972 |
4,505,800,981 |
100.00% |
Reasons for share changes
√ applicable □ not applicable
1. The company privately issued 177,147,918 restricted tradable shares to South Hope and New Hope Group, which were listed on October 29, 2020.
2. Reasons for other share changes:
（1） The 12,159,930 restricted shares of the company held by Yan Junfang, Fengyi Investment, Xiangyuan Investment, Kang Shunhu, Lei Ningli and Yan Suifang in aggregate for asset purchase via share issue and payment of cash in 2016 were unlocked and listed for trading on February 25, 2020.
（2）The convertible bonds issued by the company started converting into shares at July 9, 2020, and as of the end of the reporting period, the “Hope convertible bonds” were converted into 155,094,006 shares in cumulative terms.
（3）The former senior executives of the company named Deng Cheng, Han Jitao, Wang Weiyong, Wang Shuhua and Hu Ji resigned as senior executive, resulting shares held by them being locked up.
（4）The company’s 2019 restricted stock and stock option incentive plan has entered the first exercise period, while other share changes were due to exercise of options by the incentive recipients.
Approval of changes in shares √ applicable □ not applicable
1. On September 2, 2020, the company received an approval of private placement from CSRC (CSRC permit [2020]No. 1961), approving this private placement of the company.
2. Other share changes were handled according to the related requirements of “Shenzhen Stock Exchange Stock Listing Rules”, “Shenzhen Stock Exchange Guidelines for Standard Operation of Listed Companies” and other laws, regulations and normative documents and “Rules for management of Shares held by Directors, Supervisors and Senior Executives of Listed Companies in this Company and their Changes”.
Title transfer of changes in shares √ applicable □ not applicable
On October 13, 2020, CSDCC Shenzhen Branch accepted registration and depositing of additional shares privately issued by the company, which privately issued restricted tradable shares to South Hope and New Hope Group, which were listed on October 29, 2020.
Implementation progress of share repurchase
√ applicable □ not applicable
As of March 31, 2021, the company repurchased 10,017,501 shares of its stock by means of centralized competitive bidding through its repurchase-special securities account, accounting for 0.2223% of the company’s total share capital of 4,506,448,842 shares as of March 31, 2021, with the highest transaction prices of 24.15 Yuan/share and the lowest transaction price of 20.81 Yuan/share and total transaction amount of 229,959,017.80 Yuan (excluding transaction costs)
Implementation progress of share repurchase through reduced shareholding using the centralized competitive bidding process
□ applicable √ not applicable
Effects of share changes on the basic per-share earnings and diluted per-share earnings, per-share net assets attributable to ordinary shareholders of the company and other financial indicators of the most recent year and the most recent period
√ applicable □ not applicable
| Item |
Amount of share capital |
2020 |
2019 |
|---|
| Basic earnings per share (Yuan/share) |
Diluted earnings per share (Yuan/share) |
Per-share net assets attributable to ordinary shareholders of the company (Yuan/share) |
Basic earnings per share (Yuan/share) |
Diluted earnings per share (Yuan/share) |
Per-share net assets attributable to ordinary shareholders of the company (Yuan/share) |
|---|
| Before change (beginning of period) |
4,216,015,009 |
1.19 |
1.19 |
9.62 |
1.22 |
1.21 |
6.29 |
| After private placement of stock |
4,393,162,927 |
1.18 |
1.18 |
9.22 |
1.20 |
1.20 |
6.03 |
| After conversion of convertible corporate bonds into shares |
4,504,282,787 |
1.17 |
1.17 |
8.99 |
1.20 |
1.19 |
5.88 |
| After exercise of options (end of period) |
4,505,800,981 |
1.17 |
1.17 |
8.99 |
1.20 |
1.19 |
5.88 |
Other contents that the company deems necessary to disclose or securities regulators require to disclose
□ applicable √ not applicable
2. Changes in restricted shares
√ applicable □ not applicable
Unit: yuan/ share
| Shareholder name |
Beginning number of restricted shares |
Restricted shares increased in the current period |
Restricted shares unlocked in the current period |
Ending number of restricted shares |
Causes of restriction on sales |
Date unlocked |
|---|
| New Hope Group Co., Ltd |
0 |
79,716,563 |
0 |
79,716,563 |
Private placement of shares |
April 28, 2022 |
| South Hope Industrial Co., Ltd |
0 |
97,431,355 |
0 |
97,431,355 |
Private placement of shares |
April 28, 2022 |
| Liu Chang |
1,616,588 |
0 |
0 |
1,616,588 |
Locked shares of senior executives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Liu Yonghao |
669,240 |
0 |
0 |
669,240 |
Locked shares of senior executives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Wang Hang |
0 |
45,000 |
0 |
45,000 |
Locked shares of senior executives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Cai Manli |
0 |
7,500 |
0 |
7,500 |
Locked shares of senior executives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Han Jitao |
192,000 |
4,000 |
0 |
196,000 |
Restricted shares of equity incentives and locked shares of senior executives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Zhu Liqiang |
0 |
65,624 |
0 |
65,624 |
Locked shares of senior executives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Lei Ningli |
486,397 |
0 |
486,397 |
0 |
Restricted shares for asset purchase through share issue and payment of cash in 2016 |
February 25, 2020 |
| Yan Suifang |
421,544 |
0 |
421,544 |
0 |
Restricted shares for asset purchase through share issue and payment of cash in 2016 |
February 25, 2020 |
| Kang Shunhu |
713,382 |
0 |
713,382 |
0 |
Restricted shares for asset purchase through share issue and payment of cash in 2016 |
February 25, 2020 |
| Yan Junfang |
8,755,151 |
0 |
8,755,151 |
0 |
Restricted shares for asset purchase through share issue and payment of cash in 2016 |
February 25, 2020 |
| Yangling Fengyi Equity Investment Management Center (LP) |
956,581 |
0 |
956,581 |
0 |
Restricted shares for asset purchase through share issue and payment of cash in 2016 |
February 25, 2020 |
| Yangling Xiangyuan Equity Investment Management Center (LP) |
826,875 |
0 |
826,875 |
0 |
Restricted shares for asset purchase through share issue and payment of cash in 2016 |
February 25, 2020 |
| Deng Cheng |
765,000 |
0 |
0 |
765,000 |
Restricted shares of equity incentives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Tao Yuling |
225,000 |
0 |
56,250 |
168,750 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Ji Chongxing |
225,000 |
0 |
56,250 |
168,750 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Wang Weiyong |
180,000 |
0 |
0 |
180,000 |
Restricted shares of equity incentives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Wang Shuhua |
180,000 |
51,595 |
0 |
231,595 |
Restricted shares of equity incentives |
Unlocked in installments according to Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Hu Ji |
180,000 |
30,000 |
0 |
210,000 |
Restricted shares of equity incentives |
Unlocked in installments according to |
|
|
|
|
|
|
Shenzhen Stock Exchange’s rules and incumbency of senior executives |
| Yan Zhichun |
225,000 |
0 |
56,250 |
168,750 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Wang Jianmin |
90,000 |
0 |
22,500 |
67,500 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Wan Fang |
45,000 |
0 |
11,250 |
33,750 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Sun Laifeng |
90,000 |
0 |
22,500 |
67,500 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Ma Zhenqiang |
120,000 |
0 |
30,000 |
90,000 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Lv Tongli |
90,000 |
0 |
11,250 |
78,750 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Liu Lei |
180,000 |
0 |
45,000 |
135,000 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Gong Huazhong |
75,000 |
0 |
18,750 |
56,250 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Bai Xubo |
120,000 |
0 |
30,000 |
90,000 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Yongjian |
120,000 |
0 |
30,000 |
90,000 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s |
|
|
|
|
|
|
performance target completion |
| Huang Yakuan |
75,000 |
0 |
18,750 |
56,250 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Zhu Liqiang |
75,000 |
0 |
18,750 |
56,250 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Zhou Guilian |
60,000 |
0 |
15,000 |
45,000 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Zhang Zao |
45,000 |
0 |
0 |
45,000 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Tang Yong |
45,000 |
0 |
11,250 |
33,750 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Liu Huaiwei |
120,000 |
0 |
30,000 |
90,000 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Feng Xiaohui |
90,000 |
0 |
22,500 |
67,500 |
Restricted shares of equity incentives |
Unlocked in four installments according to the company’s performance target completion |
| Total |
18,057,758 |
177,351,637 |
12,666,180 |
182,743,215 |
-- |
-- |
II. Issuance and listing of securities
1. Issuance of securities (excluding preferred shares) within the reporting period
√ applicable □ not applicable
| Name of stock and its derivative securities |
Date issued |
Issue price (or interest rate) |
Quantities issued |
Date listed |
Quantities approved for listing and trading |
Date of trading termination |
Disclosure index |
Date disclosed |
|---|
disclosed
| Stock |
|---|
| New Hope (000876) |
October 29, 2020 |
22.58 Yuan/share |
177,147,918 |
October 29, 2020 |
177,147,918 |
|
As detailed in the “Report on Issuance of Privately Issued Stock and Listing |
October 27, 2020 |
|
|
|
|
|
|
|
Announcement” published by the company on www.cninfo.com.cn |
|
| on October 27, 2020. |
| Convertible corporate bonds, convertible corporate bonds for separate trading, co99rporate debts |
|---|
| Hope convertible bonds (127015) |
January 3, 2020 |
100 Yuan/piece |
40,000,000 |
February 4, 2020 |
40,000,000 |
January 2, 2026 |
As detailed in the “Indicative Announcement of Public Issue of Convertible Corporate Bonds (2020-01) and “Announcement of Listing of Convertible Corporate Bonds of Publicly Issued A Shares”(2020-11) published by the company on the Shanghai Securities Journal, Securities Times and www.cninfo.com.cn |
February 3, 2020 |
| on January 3 and February 3, 2020 respectively. |
Remarks on issuance of securities (excluding preferred shares) within the reporting period
The company privately issued 177,147,918 restricted tradable shares to South Hope and New Hope Group respectively with a restricted period of 18 months in both cases, for an issue price of 22.58 Yuan/share and raising a total amount of 3,999,999,988.44 Yuan, which were listed on October 29, 2020.
The company publicly issued 40 million convertible corporate bonds with par value of 100 Yuan each on January 3, 2020 for a total issued amount of 4,000 million Yuan, which were listed for trading on Shenzhen Stock Exchange as of February 4, 2020 under the bond abbreviation “Hope Convertible Bonds” and bond code “127015”. The convertible corporate bonds issued this time have a term of 6 years, i.e., from January 3, 2020 to January 2, 2026, with the start and end date of debt-to-equity swap being July 9, 2020 and January 2, 2026 respectively. The convertible corporate bonds are subject to interest payment once a year, with principal repayment and payment of the last-year interest upon maturity. The interest rate is 0.20% in the first year, 0.40% in the second year, 0.80% in the third year, 1.20% in the fourth year, 1.60% in the fifth year and 2.00% in the sixth year.
2. Remarks on changes in the company’s total shares and shareholding structure and changes in the company’s asset-liability structure
√ applicable □ not applicable
The company privately issued 177,147,918 restricted tradable shares to South Hope and New Hope Group respectively with a restricted period of 18 months in both cases, for an issue price of 22.58 Yuan/share and raising a total amount of 3,999,999,988.44 Yuan, which were listed on October 29, 2020.
3. Existing employee shares
□ applicable √ not applicable
III. Shareholders and actual controller
1. Number of shareholders of the company and their shareholdings
Unit: share
| Total number of ordinary shareholders at |
192,967 |
Total number of ordinary shareholders at |
214,206 |
Total number of preferred shareholders with |
0 |
Total number of preferred shareholders with |
0 |
| the end of the reporting period |
|
the end of the month immediately preceding the date of disclosure of annual report |
|
resumed voting power at the end of the reporting period (if any)(See Note 8) |
|
resumed voting power at the end of the month immediately preceding the date of disclosure of annual report (if any)(See Note 8) |
|
| Shareholders each holding over 5% shares or shareholdings of the top 10 shareholders |
|---|
| Shareholder name |
Nature of shareholder |
Shareholding ratio |
Number of shares held at the end of the reporting period |
Increase or decrease within the reporting period |
Number of restricted ordinary shares held |
Number of unrestricted ordinary shares held |
Pledges or freezes |
|---|
| Share status |
Amount |
|---|
| South Hope Industrial Co., Ltd |
Domestic non-state-owned business entity |
29.49% |
1,328,957,185 |
97,431,355 |
97,431,355 |
1,231,525,830 |
|
|
| New Hope Group Co., Ltd |
Domestic non-state-owned business entity |
25.08% |
1,129,879,692 |
81716563 |
79,716,563 |
1,050,163,129 |
|
|
| China Securities Finance Corporation Ltd |
Domestic non-state-owned business entity |
2.79% |
125,602,591 |
0 |
0 |
125,602,591 |
|
|
| Hong Kong Securities Clearing Co., Ltd |
Overseas business entity |
2.68% |
120,723,389 |
22688015 |
0 |
120,723,389 |
|
|
| Tibet Strong Investment Consulting Co., Ltd |
Domestic non-state-owned business entity |
2.33% |
104,769,426 |
-5806700 |
0 |
104,769,426 |
|
|
| Tibet Shancheng Investment Consulting Co., Ltd |
Domestic non-state-owned business entity |
2.08% |
93,704,034 |
-12807850 |
0 |
93,704,034 |
|
|
| Lhasa Development Area Hezhiwang Industrial Co., Ltd |
Domestic non-state-owned business entity |
1.21% |
54,735,292 |
-1124400 |
0 |
54,735,292 |
|
|
| Lai Dajian |
Domestic natural person |
0.97% |
43,503,759 |
6658073 |
0 |
43,503,759 |
|
|
| Central Huijin Investment Ltd |
State-owned business entity |
0.92% |
41,319,400 |
0 |
0 |
41,319,400 |
|
|
| Li Lili |
Domestic natural person |
0.82% |
36,754,788 |
20234688 |
0 |
36,754,788 |
|
|
| Remarks on related-party relationships among the aforesaid shareholders or actions in concert |
New Hope Group is the controlling shareholder of South Hope, and both parties are persons acting in concert to each other. Apart from that, the company is not aware of whether its top ten shareholders have other related-party relationships or actions in concert. |
| Shareholdings of top 10 unrestricted shareholders. |
|---|
| Shareholder name |
Number of unrestricted shares held at the end of the reporting period |
Types of shares |
|---|
| Types of shares |
Amount |
|---|
| South Hope Industrial Co., Ltd |
1,231,525,830 |
RMB ordinary shares |
1,231,525,830 |
| New Hope Group Co., Ltd |
1,050,163,129 |
RMB ordinary shares |
1,050,163,129 |
| China Securities Finance Corporation Ltd |
125,602,591 |
RMB ordinary shares |
125,602,591 |
| Hong Kong Securities Clearing Co., Ltd |
120,723,389 |
RMB ordinary shares |
120,723,389 |
| Tibet Strong Investment Consulting Co., Ltd |
104,769,426 |
RMB ordinary shares |
104,769,426 |
| Tibet Shancheng Investment Consulting Co., Ltd |
93,704,034 |
RMB ordinary shares |
93,704,034 |
| Lhasa Development Area Hezhiwang Industrial Co., Ltd |
54,735,292 |
RMB ordinary shares |
54,735,292 |
| Lai Dajian |
43,503,759 |
RMB ordinary shares |
43,503,759 |
| Central Huijin Investment Ltd |
41,319,400 |
RMB ordinary shares |
41,319,400 |
| Li Lili |
36,754,788 |
RMB ordinary shares |
36,754,788 |
| Remarks on related-party relationships or actions in concert among the top 10 unrestricted tradable shareholders and between top 10 unrestricted tradable shareholders and top 10 shareholders. |
New Hope Group is the controlling shareholder of South Hope, and both parties are persons acting in concert to each other. Apart from that, the company is not aware of whether its top ten shareholders have other related-party relationships or actions in concert. |
Whether the top 10 ordinary shareholders and top 10 unrestricted ordinary shareholders of the company conducted agreed repurchase transactions within the reporting period
□ yes √ no
The top 10 ordinary shareholders and top 10 unrestricted ordinary shareholders of the company did not conduct any agreed repurchase transactions within the reporting period
2. Controlling shareholders of the company
Nature of controlling shareholder: natural person holding
Type of controlling shareholder: legal person
| Name of controlling shareholder |
Legal representative/person in charge of organization |
Date established |
Organization code |
Main business |
|---|
| New Hope Group Co., Ltd |
Liu Yonghao |
January 9, 1997 |
915100002018938457 |
Development and construction of agricultural, forestry, animal husbandry, sideline and fishery industry bases; development of ecological resources; construction of vegetable production bases; processing, warehousing and sale of feeds and agricultural and sideline products (except for cotton, tobacco, silkworm cocoon and cereals and oils); development of high and new technologies, sale of chemical raw materials and products, building materials (the aforesaid items exclude hazardous chemicals), ordinary machinery, electrical machinery, electronic products, hardware and electrical appliances, knitwear and textiles and cultural and office supplies; export of self-made products and related technologies and import of raw and auxiliary materials, instruments, mechanical equipment, components and accessories and related technologies required for production and scientific research of the company, processing with supplied materials and the three-processing and one compensation business; commercial |
|
|
|
|
services. (Business items subject to approval according to law may be conducted only after approval of the competent authorities) |
| Equities in other domestic and overseas listed companies that controlling shareholders control and participate in during the reporting period |
New Hope Chemical, a subsidiary of New Hope Group, is the largest shareholder of Huachuang Yangan Co., Ltd (stock abbreviation: Huachuang Yangan, stock code: 600155), holding 152,527,837 shares in it, a shareholding ratio of 8.77%; South Hope, a majority-owned subsidiary of New Hope Group, is a shareholder of Huachuang Yangan, holding 111,524,163 shares in it, with a shareholding ratio of 6.41%; Beishuo Investment, an indirect majority-owned subsidiary of New Hope Group, is a shareholder of Huachuang Yangan, holding 37,174,721 shares in it, with a shareholding ratio of 2.14%. South Hope, a majority-owned subsidiary of New Hope Group, holds 102,387,827 A shares in China Minsheng Bank (600016), with a shareholding ratio of 0.23%; and holds 204,789,500 H shares in China Minsheng Bank (01988), with a shareholding ratio of 0.55%. |
Changes in controlling shareholders during the reporting period
□ applicable √ not applicable
The controlling shareholders of the company did not change during the reporting period.
3. Actual controller of the company and persons acting in concert therewith
Nature of actual controller: domestic natural person
Type of actual controller: natural person
| Name of actual controller |
Relationship with the actual controller |
Nationality |
Whether right of residence in other countries or regions has been acquired |
| Liu Yonghao |
Himself |
China |
No |
| Major occupations and jobs |
Former president of Hope Group, member of the 8th national committee of the CPPCC, member of the 9th standing committee of the CPPCC, member of the 10th standing committee of the CPPCC and deputy director of economic commission, member of the 11th national committee of the CPPCC and deputy director of economic commission and deputy to the 12th National People’s Congress Currently serves as a director of the company, board chairman of New Hope Group, vice board chairman of China Minsheng Bank and member of the 13th national committee of the CPPCC. |
| Domestic and overseas listed companies controlled by him by shareholdings in the past 10 years |
Mr. Liu Yonghao did not directly or indirectly control other domestic or overseas listed companies except for indirectly controlling domestic listed companies Xingyuan Environment (300266.SZ), Huachuang Yangan (600155. SH) and New Hope Dairy (002946.SZ). |
Changes in actual controller during the reporting period
□ applicable √ not applicable
The actual controller of the company did not change during the reporting period.
Block diagram of property rights and controlling relationship between the company and actual controller
5. Restrictions on shareholding reduction of controlling shareholders, actual controller, reorganizing party and other committing entities
□ applicable √ not applicable
Section 7 Details related to preferred shares
□ applicable √ not applicable
The company had no preferred shares during the reporting period.
Section 8 Details related to convertible corporate bonds
√ applicable □ not applicable
I. Historical adjustments to conversion prices
The initial conversion price of the convertible corporate bonds issued by the company (bond abbreviation: Hope Convertible Bonds, bond code: 127015) is 19.78 Yuan per share, and due to implementation of the 2019 equity distribution scheme by the company, the conversion price of convertible corporate bonds was adjusted from 19.78 Yuan per share to 19.63 Yuan per share as of June 19, 2020.
As the company privately issued RMB ordinary shares to South Hope and New Hope Group and additional shares were listed for trading on Shenzhen Stock Exchange on October 29, 2020, the conversion price of the company’s convertible corporate bonds was adjusted from 19.63 Yuan/share to 19.75 Yuan/share as of October 29, 2020.
II. Accumulated conversion from bonds into shares
√ applicable □ not applicable
| Abbreviation of convertible bonds |
Start and end date of conversion into shares |
Total issued quantity (pieces) |
Total issue amount |
Accumulated amount of conversion (Yuan) |
Accumulated number of shares converted(shares) |
Ratio of number of shares converted to total amount of issued shares of the company prior to start date of conversion |
Amount of outstanding conversion (Yuan) |
Ratio of amount of outstanding conversion to total issue amount |
|---|
| Hope Convertible Bonds |
July 9, 2020 |
40,000,000 |
4,000,000,000.00 |
3,049,767,300.00 |
155,094,006 |
3.68% |
950,232,700.00 |
23.76% |
III. Details of top 10 convertible bond holders
Unit: share
| No. |
Name of convertible corporate bond holder |
Nature of convertible corporate bond holder |
Number of convertible corporate bonds held at the end of reporting period (pieces) |
Amount of convertible corporate bonds held at the end of reporting period (Yuan) |
Percentage of convertible corporate bonds held at the end of reporting period |
|---|
| 1 |
Industrial and Commercial Bank of China Co., Ltd—Huitianfu Convertible Bonds Bond-type Securities Investment Fund |
Others |
500,001 |
60,307,620.62 |
5.26% |
| 2 |
Shanghai Chengan Asset Management Co., Ltd—Chengan 99 Inheritance No. 1 PE Securities Investment Fund |
Others |
411,656 |
49,651,888.44 |
4.33% |
| 3 |
ICBC Ruixin Tianxiang Mixed-type Pension Product——ICBC |
Others |
321,550 |
38,783,753.25 |
3.38% |
| 4 |
SPD Bank Co., Ltd—Yifangda Yuxiang Rewarding Bond-type Securities Investment Fund |
Others |
256,780 |
30,971,519.70 |
2.70% |
| 5 |
Kaiyuan Securities—Bank of Huludao Co., Ltd—Kaiyuan Securities Ruifeng Order 21—Asset Management Plan |
Others |
246,991 |
29,790,819.47 |
2.60% |
| 6 |
Fullgoal Fund—China Construction Bank—CCB Principal Capital Management Co., Ltd |
Others |
228,925 |
27,611,788.88 |
2.41% |
| 7 |
Postal Savings Bank of China Co., Ltd—Southern Jili 18-month Periodically Open Bond-type Securities Investment Fund |
Others |
227,170 |
27,400,109.55 |
2.39% |
| 8 |
BNP Paribas—self-owned funds |
Overseas business entity |
200,000 |
24,123,000.00 |
2.10% |
| 9 |
Fullgoal Fuyi Aggressive Fixed-income Pension Product——ICBC |
Others |
196,477 |
23,698,073.36 |
2.07% |
| 10 |
UBS AG |
Overseas business entity |
190,509 |
22,978,243.04 |
2.00% |
IV. Significant changes in profitability, asset condition and credit standing of guarantors
□ applicable √ not applicable
V. Liabilities, creditability changes and cash arrangement for debt service in the next five years of the company at the end of the reporting period
Section 9 Details of directors, supervisors and senior managers
I. Changes in shareholdings of directors, supervisors and senior managers
| Name |
Position |
Status of incumbency |
Gender |
Age |
Start date of incumbency |
End date of incumbency |
Beginning number of shares held (shares) |
Number of additional shares held in the current period (shares) |
Number of held shares reduced in the current period (shares) |
Other increase or decrease (shares) |
Ending number of shares held (shares) |
|---|
| Liu Chang |
Board chairman |
Incumbent |
Female |
41 |
May 22, 2013 |
June 5, 2022 |
2,155,452 |
0 |
0 |
0 |
2,155,452 |
| Zhang Mingui |
Executive chairman, president |
Incumbent |
Male |
38 |
September 24, 2020 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Liu Yonghao |
Director |
Incumbent |
Male |
69 |
May 22, 2013 |
June 5, 2022 |
892,320 |
0 |
0 |
0 |
892,320 |
| Wang Hang |
Director |
Incumbent |
Male |
49 |
November 29, 2011 |
June 5, 2022 |
0 |
60,000 |
0 |
0 |
60,000 |
| Li Jianxiong |
Director |
Incumbent |
Male |
43 |
May 26, 2016 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Chen Huanchun |
Independent director |
Incumbent |
Male |
68 |
June 6, 2019 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Cai Manli |
Independent director |
Incumbent |
Female |
47 |
June 6, 2019 |
June 5, 2022 |
0 |
10,000 |
0 |
0 |
10,000 |
| Deng Feng |
Independent director |
Incumbent |
Male |
58 |
September 26, 2016 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Xu Zhigang |
Chairman of board of supervisors |
Incumbent |
Male |
52 |
May 26, 2016 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Yang Fang |
Supervisor |
Incumbent |
Female |
49 |
June 22, 2017 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Duan Peilin |
Supervisor |
Incumbent |
Male |
56 |
May 26, 2016 |
April 8, 2022 |
0 |
0 |
0 |
0 |
0 |
| Sun Daoju |
Supervisor |
Incumbent |
Female |
48 |
October 25, 2011 |
April 8, 2022 |
0 |
0 |
0 |
0 |
0 |
| Tao Yuling |
Vice president |
Incumbent |
Male |
46 |
February 27, 2017 |
June 5, 2022 |
225,000 |
0 |
0 |
0 |
225,000 |
| Ji Chongxing |
Vice president |
Incumbent |
Male |
46 |
August 28, 2017 |
June 5, 2022 |
225,000 |
0 |
0 |
0 |
225,000 |
| Chen Xingyao |
Vice president, CFO |
Incumbent |
Male |
46 |
January 10, 2021 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Zhu Liqiang |
President assistant |
Incumbent |
Male |
39 |
November 27, 2020 |
June 5, 2022 |
0 |
0 |
0 |
162,500 |
162,500 |
| Lan Jia |
Board secretary, chief strategic investment officer |
Incumbent |
Male |
40 |
January 25, 2021 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Wang |
Director of |
Incumbent |
Male |
51 |
January 23, |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Pusong |
investment and development |
|
|
|
2018 |
|
|
|
|
|
|
| Gao Li |
Director of human resources (chief HR officer) |
Incumbent |
Female |
47 |
February 9, 2021 |
June 5, 2022 |
0 |
0 |
0 |
0 |
0 |
| Deng Cheng |
Director, president |
Out of office |
Male |
49 |
June 6, 2019 |
September 5, 2020 |
765,000 |
0 |
0 |
0 |
765,000 |
| Han Jitao |
Vice president |
Out of office |
Male |
50 |
February 15, 2016 |
November 30, 2020 |
196,000 |
0 |
0 |
0 |
196,000 |
| Wang Weiyong |
Vice president |
Out of office |
Male |
47 |
August 28, 2017 |
November 30, 2020 |
180,000 |
0 |
0 |
0 |
180,000 |
| Wang Shuhua |
Vice president, CFO |
Out of office |
Female |
47 |
January 23, 2018 |
January 8, 2021 |
180,000 |
0 |
0 |
128,794 |
308,794 |
| Hu Ji |
Board secretary |
Out of office |
Male |
38 |
October 29, 2018 |
January 8, 2021 |
180,000 |
0 |
0 |
100,000 |
280,000 |
| Yang Shouhai |
Chief strategic investment officer |
Out of office |
Male |
44 |
October 29, 2018 |
November 30, 2020 |
0 |
0 |
0 |
0 |
0 |
| Total |
-- |
-- |
-- |
-- |
-- |
-- |
4,998,772 |
70,000 |
0 |
391,294 |
5,460,066 |
II. Changes in directors, supervisors and senior managers of the company
√ applicable □ not applicable
| Name |
Position held |
Type |
Date |
Reasons |
|---|
| Zhang Mingui |
Executive chairman, president |
Elected |
September 24, 2020 |
Elected at general meeting and appointed by board of directors |
| Chen Xingyao |
Vice president, CFO |
Appointed |
January 10, 2021 |
Appointed by board of directors |
| Zhu Liqiang |
President assistant |
Appointed |
November 27, 2020 |
Appointed by board of directors |
| Lan Jia |
Board secretary, chief strategic investment officer |
Appointed |
January 25, 2021 |
Appointed by board of directors |
| Gao Li |
Director of human resources (chief HR officer) |
Appointed |
February 9, 2021 |
Appointed by board of directors |
| Deng Cheng |
Director, president |
Out of office |
September 5, 2020 |
Personal reasons |
| Han Jitao |
Vice president |
Dismissed |
November 30, 2020 |
Personal reasons |
| Wang Weiyong |
Vice president |
Dismissed |
November 30, 2020 |
Personal reasons |
| Wang Shuhua |
Vice president, CFO |
Dismissed |
January 8, 2021 |
Personal reasons |
| Hu Ji |
Board secretary |
Dismissed |
January 8, 2021 |
Personal reasons |
| Yang Shouhai |
Chief strategic investment officer |
Dismissed |
November 30, 2020 |
Personal reasons |
III. Incumbencies
Professional backgrounds, main work experiences and current main duties in the company of the incumbent directors, supervisors and senior managers of the company
Directors:
Liu Chang, female, EMBA, worked as office director of Sichuan New Hope Agriculture Co., Ltd, office director of New Hope Dairy Co., Ltd and director of New Hope Liuhe Co., Ltd. Currently works as chairman of New Hope Liuhe Co., Ltd, director of New Hope Group, director of South Hope Industries Co., Ltd and director of New Hope Dairy Co., Ltd.
Zhang Minggui, male, graduated from China University of Geosciences with bachelor’s degree in accounting and master’s degree in management, worked as secretary of Youth League Committee and office director of New Hope Group Co., Ltd, president of real estate business division of New Hope Group and vice president of New Hope Group Co., Ltd; currently works as executive chairman and president of the company, chairman of New Hope Group Sichuan HQ and secretary of Party committee of New Hope Group Co., Ltd; while at the same time serving as secretary general of the General Association of Sichuan Entrepreneurs and deputy to the 13th People’s Congress of Sichuan Province.
Liu Yonghao, male, junior college graduate, senior engineer. Former president of Hope Group, member of the 8th national committee of the CPPCC, member of the 9th standing committee of the CPPCC, member of the 10th standing committee of the CPPCC and deputy director of economic commission, member of the 11th national committee of the CPPCC and deputy director of economic commission and deputy to the 12th National People’s Congress Currently serves as a director of the company, board chairman of New Hope Group, vice board chairman of China Minsheng Bank and member of the 13th national committee of the CPPCC.
Wang Hang, male, Master of Economics from Peking University. Once worked as civil servant at the General Office of the People’s Bank of China, chairman of Kunming Dashanghui Industries Co., Ltd, vice chairman of Union Trust& Investment Limited, chairman and president of Sichuan South Hope Industries Co., Ltd and director of China Minsheng Bank. Currently works as director of the company, vice chairman of New Hope Group Co., Ltd, founding partner of Beijing Hosen Investment Management Center (LP), director of South Hope and vice chairman of Minyin International.
Li Jianxiong, male, EMBA from Peking University, Doctor of Economics from the Chinese Academy of Social Sciences and postdoctoral fellow from the Renmin University of China. Currently works as director of the company, executive VP and COO of New Hope Group Co., Ltd, chairman of Xingyuan Environment Co., Ltd, director of New Hope Dairy Co., Ltd and director of Shenzhen Feima International Supply Chain Co., Ltd.
Independent director
Deng Feng, male, MBA from Wharton School of the University of Pennsylvania. Currently works as independent director of the company, founding managing partner of Northern Light Investment Advisors (Beijing) Co., Ltd, director of Tsinghua University Foundation, director of Schwarzman College of Tsinghua University, outstanding visiting professor of Tsinghua University, chairman of board of governors of University of Southern California Asian School of Engineering, director of Council of Institute of Economic Policy Research of Stanford University, director of Asian Council of Wharton School, member of China Advisory Committee of Harvard Graduate School, vice chairman of China Entrepreneur Club and director of Future Forum.
Chen Huanchun, male, PhD, professor, doctoral supervisor, academician of the Chinese Academy of Engineering Serves as a professor of Huazhong Agricultural University from January 2008 to date. Currently doubles as chairman of Chinese Veterinary Medical Association, director of the academic committee of the National Key Laboratory f Agricultural Microbiology of Huazhong Agricultural University, director of the collaborative innovation center for healthy pig farming of Huazhong Agricultural University and director of academic committee of the National Key Laboratory of Veterinary Biotechnology at Harbin Veterinary Research Institute, Chinese Academy of Agricultural Sciences.
Cai Manli, female, Master of Management from Central University of Finance and Economics, Chinese CPA, Chinese CTA and international enterprise appraisal value analyst. Once worked for CSRC as deputy director of M&A supervision section 2, director of supervision section 1 and accounting and assessment team leader of the listed companies supervision department in succession; independent director of Beijing Yadi Media Co., Ltd and SF Diamond Co., Ltd, currently serves as chairman of Zhejiang Caihe Tongyi Enterprise Development Co., Ltd, CEO of Heyi Reisheng Asset Management Co., Ltd and Shanghai Heyi Consulting Management Group Co., Ltd, senior advisor to King & Wood Mallesons, external director of Sichuan XW Bank Co., Ltd, independent director of Hubei Radio and Television Information Network Co., Ltd, independent director of New Hope Liuhe Co., Ltd and Shanghai Flyco Appliances Co., Ltd and independent non-executive director of ZTE Corporation.
Supervisors:
Xu Zhigang, male, Bachelor of Economics from Sichuan University and Master of Management (accounting specialty) from Fuzhou University. Once worked as director of audit and supervision of Guangdong Midea Appliances Co., Ltd, CEO of financial control center of Chengdu Quanu Furniture Co., Ltd, head of audit and supervision department of New Hope Group Co., Ltd and non-independent director of Hebei Baoshuo Co., Ltd. Currently works as chairman of the company’s board of supervisors.
Yang Fang, female, Bachelor of Finance and Cccounting and MBA, Chinese CPA (non-practicing) and member of CPA Australia. Once worked as partner of KPMG China and chief accountant of China Bluestar (Group) Co., Ltd. Currently works as a supervisor of the company, chairman of board of supervisors of New Hope Dairy Co., Ltd and director of Xingyuan Environment Co., Ltd Once named “China CFO of the Year 2019” at the 15th China CFO Conference and “Figure of the Year 2018” at the 9th China International Finance Leadership Conference. A member of China Corporate Finance 30 Forum, etc.
Duan Peilin, male, Bachelor of Marine Geology from Ocean University of China, qualified as lawyer in 1998. Worked as lecturer at Linyi University (Yishui campus), office director of Shouguang Liuhe Co., Ltd and senior judicial specialist of the company, etc. Currently works as a supervisor of the company and senior HR specialist; doubles as a supervisor of Shandong New Hope Liuhe Group Co., Ltd, New Hope Liuhe Feed Co., Ltd, Zibo Huide Feed Machinery Co., Ltd, Zibo Xinmu Machinery Technology Co., Ltd and Qingdao Xinmu Zhihe Technology Co., Ltd.
Sun Daoju, female, undergraduate, accountant. Worked as cashier and accountant of South Hope, financial supervisor of Chengdu Furuida Trading Co., Ltd and deputy general manager of the company’s finance department, etc. Currently works as a supervisor of the company and CFO of the company’s feed business cluster.
Senior managers:
Tao Yuling, male, Bachelor of Freshwater Fishery, EMBA. Once doubled as co-president of the north China region of the company, president of special operating region of Shandong and president of poultry business unit. Currently works as VP of the company and president of Xinhai vertical team of pig farming.
Ji Chongxing, male, EMBA from China Europe International Business School, once served as general manager and regional general manager of New Hope Liuhe Co., Ltd, president of Sichuan New Hope Liuhe Farming, president assistant of New Hope Liuhe and president of Beijing New Road Agricultural Technology Co., Ltd. Currently works as VP of the company and president of Tibet Xinhao Technology Co., Ltd.
Chen Xingyao, male, CPC member, graduated from Beihang University with bachelor’s degree and master’s degree. CPA, MBA from Tsinghua University, EMBA from China Europe International Business School. Once served as CFO of Shandong Liuhe Group Co., Ltd, president of Qingdao Center of the company, VP and CFO of the company, President & CEO of New Hope Huinong(Tianjin) Technology Co., Ltd, and currently serves as VP & CFO of the company and independent director of JD Health Co., Ltd.
Zhu Liqiang, male, a graduate of Southwest Agricultural University. Joined the company in July 2004. Once served as VP of Tibet Xinhao Technology Co., Ltd and general manager of the production technology center. Currently serves as president assistant of the company.
Once worked for the National Audit Office and CSRC, worked as partner and investment committee member of Genimous Group, vice chairman of Guoguang Electric Co., Ltd and vice chairman of Genimous Technology Co., Ltd. Currently works as board secretary and chief strategic investment officer of the company.
Wang Pusong, male, Bachelor of Economics from Wuhan University, Master of Economics from Xiamen University and Doctor of Management from Xiamen University. Once worked for the tax policy section of Erzhou Municipal Bureau of Taxation in Hubei and the investment banking department of China Eagle Securities, once worked as manager of finance department of China Silk Shenzhen Import & Export Co., Ltd, CFO of the farming business division of Shandong New Hope Liuhe Group Co., Ltd, general manager of the company’s finance department and chief accountant, etc. Currently serves as director of investment and development of the company.
Gao Li, female, EMBA from National School of Development of Peking University, with master’s degree. Once worked for ICBC Shanxi Branch, HSBC Global R&D Center (Canada) and global enterprise consulting service department of IBM, and once worked as executive deputy director of digital technology and head of digital technology department of New Hope Group Co., Ltd. Currently works as director of human resources (CHRO) of the company.
Incumbencies with shareholder entities
√ applicable □ not applicable
| Name of incumbent |
Name of shareholder entity |
Position held in shareholder entity |
Start date of incumbency |
End date of incumbency |
Whether compensation and allowances are received from shareholder entities |
| Liu Chang |
New Hope Group Co., Ltd |
Director |
January 1, 1997 |
|
No |
| Liu Chang |
South Hope Industrial Co., Ltd |
Director |
January 1, 2004 |
|
No |
| Liu Chang |
New Hope Dairy Co., Ltd |
Director |
December 15, 2016 |
|
No |
| Liu Yonghao |
New Hope Group Co., Ltd |
Board chairman |
January 1, 1997 |
|
No |
| Wang Hang |
New Hope Group Co., Ltd |
Vice chairman |
March 1, 2010 |
|
No |
| Wang Hang |
South Hope Industrial Co., Ltd |
Director |
June 1, 2011 |
|
No |
| Li Jianxiong |
New Hope Group Co., Ltd |
Executive VP and COO |
February 14, 2016 |
|
Yes |
| Li Jianxiong |
South Hope Industrial Co., Ltd |
Director |
May 1, 2016 |
|
Yes |
| Yang Fang |
New Hope Group Co., Ltd |
CFO |
November 1, 2016 |
July 30, 2020 |
Yes |
Incumbencies with other entities √ applicable □ not applicable
| Name of incumbent |
Names of other entities |
Positions held in other entities |
Start date of incumbency |
End date of incumbency |
Whether compensation and allowances are received from other entities |
| Liu Yonghao |
China Minsheng Bank |
Vice chairman |
May 1, 2009 |
|
Yes |
| Wang Hang |
China Minsheng Bank |
Supervisor |
February 20, 2017 |
October 16, 2020 |
Yes |
| Wang Hang |
Beijing Hosen Investment Management Center (LP) |
Partner |
March 18, 2010 |
|
Yes |
| Wang |
CMBC International Holdings Limited |
Vice chairman |
February 13, 2015 |
|
Yes |
| Hang |
|
|
|
|
|
| Wang Hang |
Sichuan XW Bank Co., Ltd |
Vice chairman |
November 12, 2018 |
April 1, 2020 |
Yes |
| Wang Hang |
Sichuan XW Bank Co., Ltd |
Board chairman |
April 2, 2020 |
|
Yes |
| Wang Hang |
Caogen Zhiben Group Co., Ltd |
Director |
July 6, 2015 |
|
No |
| Wang Hang |
Shanghai Xinzengding Asset Management Co., Ltd |
Director |
April 30, 2015 |
January 1, 2021 |
No |
| Li Jianxiong |
Caogen Zhiben Group Co., Ltd |
Supervisor |
May 1, 2016 |
|
No |
| Li Jianxiong |
New Hope Chemical Investment Co., Ltd |
Director |
May 1, 2016 |
|
No |
| Li Jianxiong |
New Hope Asia Pacific Investment Holdings Co., Ltd |
Supervisor |
June 1, 2016 |
|
No |
| Li Jianxiong |
New Hope Asset Management Co., Ltd |
Chairman, legal representative |
November 1, 2016 |
|
No |
| Li Jianxiong |
New Hope Dairy Co., Ltd |
Director |
December 15, 2016 |
|
No |
| Li Jianxiong |
Shenzhen Feima International Supply Chain Co., Ltd |
Director |
January 22, 2021 |
|
No |
| Li Jianxiong |
Zhejiang Future Investment Co., Ltd |
Director |
October 12, 2017 |
|
No |
| Li Jianxiong |
New Hope International (HK) Co., Ltd |
Director |
December 21, 2018 |
|
No |
| Li Jianxiong |
Sichuan Green Belt Foundation |
Director |
November 26, 2018 |
|
No |
| Li Jianxiong |
InnovHope Inc., |
Director |
July 4, 2018 |
|
No |
| Li Jianxiong |
New Hope Finance Co., Ltd |
Director |
December 26, 2017 |
|
No |
| Li Jianxiong |
Xingyuan Environment Co., Ltd |
Board chairman |
May 21, 2019 |
|
No |
| Li Jianxiong |
ChinaIT Co., Ltd |
Director |
December 18, 2019 |
|
No |
| Deng Feng |
Northern Light Investment Advisors (Beijing) Co., Ltd |
Founding managing partner |
January 19, 2006 |
|
Yes |
| Chen Huanchun |
Huazhong Agricultural University |
Professor |
January 1, 2008 |
|
Yes |
| Chen Huanchun |
Chinese Veterinary Medical Association |
Chairman |
October 1, 2017 |
|
No |
| Chen Huanchun |
National Key Laboratory of Agricultural Microbiology of Huazhong Agricultural University |
Director of academic committee |
May 1, 2014 |
|
No |
| Chen Huanchun |
Collaborative Innovation Center for Healthy Pig Farming of Huazhong Agricultural University |
Director |
May 1, 2014 |
|
No |
| Chen Huanchun |
National Key Laboratory of Veterinary Biotechnology at Harbin Veterinary Research Institute, Chinese Academy of Agricultural Sciences |
Director of academic committee |
August 1, 2011 |
|
No |
| Cai Manli |
Shanghai Heyi Consulting Management Group Co., Ltd |
CEO |
December 28, 2018 |
|
Yes |
| Cai Manli |
Heyi Ruisheng Asset Management Co., Ltd |
CEO |
September 23, 2015 |
|
Yes |
| Cai Manli |
Zhejiang Caihe Tongyi Enterprise Development Co., Ltd |
Board chairman |
June 30, 2020 |
|
Yes |
| Cai Manli |
King & Wood Mallesons |
Senior advisor |
May 1, 2015 |
|
Yes |
| Cai Manli |
Sichuan XW Bank Co., Ltd |
External director |
December 1, 2016 |
April 29, 2023 |
Yes |
| Cai Manli |
Shanghai Flyco Appliances Co., Ltd |
Independent director |
November 1, 2018 |
November 7, 2021 |
Yes |
| Cai Manli |
Hubei Radio and Television Information Network Co., Ltd |
Independent director |
February 1, 2019 |
|
Yes |
| Cai Manli |
ZTE Corporation |
Independent non-executive director |
June 1, 2018 |
March 29, 2022 |
Yes |
| Cai Manli |
New Hope Liuhe Co., Ltd |
Independent director |
July 5, 2019 |
June 5, 2022 |
Yes |
| Xu Zhigang |
Qingdao Big Herdsman Machinery Co., Ltd |
Supervisor |
May 10, 2019 |
May 9, 2022 |
No |
| Yang Fang |
Zhejiang Future Investment Co., Ltd |
Board chairman |
January 9, 2020 |
March 16, 2021 |
No |
| Yang Fang |
New Hope Dairy Co., Ltd |
Chairman of board of supervisors |
December 15, 2016 |
|
No |
| Yang Fang |
Xingyuan Environment Co., Ltd |
Director |
May 20, 2019 |
|
No |
Penalties imposed by securities regulators on incumbent and outgoing directors, supervisors and senior managers of the company within the reporting period in the past three years
□ applicable √ not applicable
IV. Compensations of directors, supervisors and senior managers
Decision-making procedures, basis of determination and actual payment for compensations of directors, supervisors and senior managers
The remuneration and appraisal committee determines the compensations of senior managers of the company according to the scope of work, main duties, business innovation ability and job performance of senior managers of the company and related policies and rules of the company and the Remuneration and Appraisal Committee of the board of directors such as “Interim Measures for Management of Employee Compensation”.
As of December 31, 2020, the total amount of pretax compensation received by the company’s directors, supervisors and senior managers from the company was 41.5924 million Yuan.
Compensations of directors, supervisors and senior managers of the company within the reporting period
Unit: 10,000 Yuan
| Name |
Position |
Gender |
Age |
Status of incumbency |
Total amount of pretax compensations received from the company |
Whether compensations are received from related parties of the company |
|---|
| Liu Chang |
Board chairman |
Female |
41 |
Incumbent |
780.04 |
No |
| Zhang Mingui |
Executive chairman, president |
Male |
38 |
Incumbent |
60 |
No |
| Liu Yonghao |
Director |
Male |
69 |
Incumbent |
108 |
Yes |
| Wang Hang |
Director |
Male |
49 |
Incumbent |
0 |
No |
| Li Jianxiong |
Director |
Male |
43 |
Incumbent |
0 |
No |
| Chen Huanchun |
Independent director |
Male |
68 |
Incumbent |
20 |
No |
| Cai Manli |
Independent director |
Female |
47 |
Incumbent |
20 |
No |
| Deng Feng |
Independent director |
Male |
58 |
Incumbent |
20 |
No |
| Xu Zhigang |
Chairman of board of supervisors |
Male |
52 |
Incumbent |
176.59 |
No |
| Yang Fang |
Supervisor |
Female |
49 |
Incumbent |
0 |
Yes |
| Duan Peilin |
Supervisor |
Male |
56 |
Incumbent |
50.28 |
No |
| Sun Daoju |
Supervisor |
Female |
48 |
Incumbent |
105.73 |
No |
| Tao Yuling |
Vice president |
Male |
46 |
Incumbent |
322.84 |
No |
| Ji Chongxing |
Vice president |
Male |
46 |
Incumbent |
515.5 |
No |
| Chen Xingyao |
Vice president, CFO |
Male |
46 |
Incumbent |
0 |
No |
| Zhu Liqiang |
President assistant |
Male |
39 |
Incumbent |
254.84 |
No |
| Lan Jia |
Board secretary, chief strategic investment officer |
Male |
40 |
Incumbent |
0 |
No |
| Wang Pusong |
Director of investment and development |
Male |
51 |
Incumbent |
260.24 |
No |
| Gao Li |
Director of human resources (chief HR officer) |
Female |
47 |
Incumbent |
0 |
No |
| Deng Cheng |
Director, president |
Male |
49 |
Out of office |
265.07 |
No |
| Han Jitao |
Vice president |
Male |
50 |
Out of office |
205.54 |
No |
| Wang Weiyong |
Vice president |
Male |
47 |
Out of office |
248.84 |
No |
| Wang Shuhua |
Vice president, CFO |
Female |
47 |
Out of office |
318.28 |
No |
| Hu Ji |
Board secretary |
Male |
38 |
Out of office |
207.96 |
No |
| Yang Shouhai |
Chief strategic investment officer |
Male |
44 |
Out of office |
219.49 |
No |
| Total |
-- |
-- |
-- |
-- |
4,159.24 |
-- |
Equity incentives granted to directors and senior managers of the company within the reporting period
√ applicable □ not applicable
Unit: share
| Name |
Position |
Exercisable shares within the reporting period |
Shares exercised within the reporting period |
Exercise price of shares exercised within the reporting period (Yuan/share) |
Market price at the end of reporting period (Yuan/share) |
Number of restricted stocks held at the beginning of period |
Number of unlocked shares in the current period |
Number of restricted stocks newly granted in the reporting period |
Grant price of restricted stocks (Yuan/share) |
Number of restricted stocks held at the end of period |
|---|
| Deng Cheng |
Director, president |
892,500 |
0 |
0 |
22.40 |
765,000 |
0 |
0 |
8.31 |
765,000 |
| Han Jitao |
Vice president |
210,000 |
0 |
0 |
22.40 |
180,000 |
0 |
0 |
8.31 |
180,000 |
| Tao Yuling |
Vice president |
262,500 |
0 |
0 |
22.40 |
225,000 |
56,250 |
0 |
8.31 |
225,000 |
| Wang Weiyong |
Vice president |
210,000 |
0 |
0 |
22.40 |
180,000 |
0 |
0 |
8.31 |
180,000 |
| Ji Chongxing |
Vice president |
262,500 |
0 |
0 |
22.40 |
225,000 |
56,250 |
0 |
8.31 |
225,000 |
| Wang Shuhua |
Vice president, CFO |
210,000 |
128,794 |
16.47 |
22.40 |
180,000 |
45,000 |
0 |
8.31 |
180,000 |
| Hu Ji |
Board secretary |
210,000 |
100,000 |
16.47 |
22.40 |
180,000 |
45,000 |
0 |
8.31 |
180,000 |
| Total |
-- |
2,257,500 |
228,794 |
-- |
-- |
1,935,000 |
202,500 |
0 |
-- |
1,935,000 |
V. Employees of the company
1. Number of employees, composition of specialties and educational attainments
| Number of active employees of the parent company (persons) |
93 |
| Number of active employees of major subsidiaries (persons) |
95,900 |
| Total number of active employees (persons) |
95,993 |
| Total number of salaried employees in the current period (persons) |
95,993 |
| Number of retired employees for which the parent company and major subsidiaries need to bear costs (persons) |
0 |
| Composition of specialties |
| Category of specialty composition |
Number of persons in composition of specialties (persons) |
| Production personnel |
50,478 |
| Sales personnel |
13,092 |
| Technical personnel |
6,418 |
| Financial personnel |
7,269 |
| Administrative personnel |
4,570 |
| Other personnel |
14,166 |
| Total |
95,993 |
| Educational attainments |
| Category of educational attainments |
Number of presons |
| Bachelor’s degree and above |
4,848 |
| Bachelor’s degree |
26,495 |
| Junior college |
20,425 |
| Others |
44,225 |
| Total |
95,993 |
2. Compensation policy
(1) The company’s frontline production personnel follows the piece-rate work system, marketing personnel follows the sales-linked compensation system, and hourly workers follow the job grade wage and performance appraisal wage system.
(2) Employee compensation is adjusted by first determining the overall ratio of compensation adjustment of the company and total amount of compensation adjustment based on the net profit growth and per capita efficiency growth of the company and employee compensation levels of peer companies, government wage guidelines and consumer price rise index published by the statistical department and then appraising each business unit and individual employees level by level.
（3）Overtime pay and various holiday pays are subject to the national regulations.
The company procures and pays for corresponding insurance coverage for its employees according to the Labor Contract Law of the People’s Republic of China and related rules and regulations of the company.
3. Training programs
Elite program: this program is jointly held by the company’s HR department and New Hope University Business School to cultivate outstanding managers. Through learning and practicing new manager leadership and performance improvement techniques, the company helps management personnel shift their roles and improve their capabilities to lead teams, systematically analyze problems and speak with data. Meanwhile, the company constructs the performance improvement competition as a platform to resolve actual business issues and problems while selecting outstanding talented employees.
EMBA program: in line with the educational ideas of openness, innovation and pursuit of excellence, the company’s EMBA program is meant to not only become an EMBA education platform that knows China’s farming industry management practices best but also cultivate senior managers having systematic thinking, excellent leadership and innovation spirit for China’s agricultural and animal husbandry industries.
Elite pig raiser program: a talent development program launched for excellent senior executives, aiming at general managers of business units or above. It aims at cultivating talented managers having continuous learning ability, faster response and comprehensive business thinking for the company with respect to strategic thinking, operation capabilities and leadership, in order to meet the company’s strategic needs and requirements of new market environments.
New rising star 365 program: this program is a talent development program of the company oriented towards new recruits from schools. Relying upon the learning platform of New Hope University, it helps improve overall capabilities of new employees recruited from schools and cultivate youth talented people passionate for the industry, continuously iterating themselves and brave to challenge themselves. Talent development programs are conducted at three phases of cultural integration, workplace capabilities and problem solving. Through course and activity design online and office, it covers new employees recruited from schools across the entire cycle.
Pig farm head accelerator program: it generates pig farm head profiles, which are used as an important point of reference for selection, cultivation and retention of farm heads. The program cultivates 10 internal trainers and organizes 10 classes consisting of 300 farm heads for training, in addition to 150-day on-the-job tracking and coaching, resulting in remarkably increased pig farm indicators and an average increase of 10% in core indicators. The program has led to 8 full-load courses and received national IP certificate in a way that drives the extraction and replication of internal experience and contributes to production and operations up to the unified standards, thus playing an important role in realizing the ultimate cost and leading the industry in terms of pig farming level.
Learning map for professional sequence of pig farming & micro-course development program: in order to rapidly improve the speed and quality of talent cultivation for the pig industry, accelerate the maturation of new employees and contribute to large-scale, standard cultivation of professionals, the business school joined hands with business experts from various vertical teams, pig farming research institute and industry academy to develop online learning micro-courses for key jobs in the pig farming operations through multiparty interactions. Learning path maps for 5 critical jobs in pig farming operations such as furrowing house, hybridization and veterinary medicine were generated under the program, which focus on job-critical tasks and basic qualities and capabilities for qualifications and led to 25 micro-courses based on new employee hierarchy in 5 critical jobs of pig farming through accumulation of post knowledge using standard tools.
In 2020, a total of 11,977 persons received offline training, involving a total training class hours of 858; online training covered a total of 28,248 persons, involving a total training class hours of 198,473.
4. Labor service outsourcing
√ applicable □ not applicable
| Total man-hours of labor service outsourcing (hours) |
5,114,000 |
| Total compensation paid for labor service outsourcing (Yuan) |
83,307,060.00 |
Section 10 Corporate governance
I. Basic information about corporate governance
The company established a standard corporate governance structure, formulated rules and policies in line with its business development, defined duties and authorities in terms of decision making, execution and supervision and formed effective division of duties and check and balance mechanisms according to the Company Law of the People’s Republic of China, Securities Law of the People’s Republic of China, Corporate Governance Standards for Listed Companies and Shenzhen Stock Exchange Listing Rules for Stocks.
Whether there is any significant difference between actual condition of corporate governance and the normative documents published by China Securities Regulatory Commission regarding corporate governance of listed companies.
□ yes √ no
There was no significant difference between actual condition of corporate governance and the normative documents published by China Securities Regulatory Commission regarding corporate governance of listed companies.
II. Independence of the company from its controlling shareholders with respect to business, personnel, assets, organizational, financial and other aspects
The company is completely separated from its controlling shareholder New Hope Group Co., Ltd in business, personnel, assets, organizational, financial and other aspects, and has the independent and complete business and operational autonomy.
1. Business independence: the company conducts its business operations independently and is not dependent upon its controlling shareholders or other affiliated enterprises. The company has independent systems for raw materials purchase and production and sales of products and its purchase of main raw materials and production and sales of products are not dependent upon its controlling shareholders or other affiliated enterprises.
3. Personnel separation: the company has its HR department solely responsible for labor, personnel and wage management of the company, and formulated a series of rules and regulations for employee performance appraisal. The company’s general manager and other senior managers did not hold part-time jobs in the company or its corporate shareholders and all of them receive compensations from the company.
3. Asset integrity: the company has independent and complete production systems, auxiliary production systems and supporting facilities, as well as other assets such as land use right, industrial property rights and non-patented technologies. None of its controlling shareholders illegally occupied corporate funds, assets or other resources of the company in any manner or form.
4. Organizational independence: the company is completely separated from its controlling shareholders and other affiliates in terms of office premises and business premises, free of mixed operation or co-location. All departments of the company have no subordinate or affiliated relationships with any organizations inside its controlling shareholders or affiliated enterprises, nor did any controlling shareholder intervene in business activities of the company in any form or manner.
5. Financial independence: the company set up and maintains an independent finance department as its financial management organization, established independent accounting systems and financial management policies, independently makes financial decisions according to requirements for accounting policies of listed companies, and practices vertical management of financial affairs of its branches and subsidiaries. The company opened and maintains independent accounts with banks and pays taxes independently according to law.
III. Horizontal competition
□ applicable √ not applicable
IV. Details of annual general meeting and extraordinary general meetings held within the reporting period
1. General meetings during this reporting period
| Session |
Meeting type |
Ratio of participating investors |
Date held |
Date disclosed |
Disclosure index |
|---|
| 2019 annual general meeting |
Annual general meeting |
70.27% |
April 28, 2020 |
April 29, 2020 |
As detailed in the “Announcement of Resolutions of 2019 Annual General Meeting” (annoucement No. 2020-61) published by the company on China Securities Journal, Securities Daily and www.cninfo.com.cn on April 29, 2020. |
| The 1st extraordinary general meeting of 2020 |
Extraordinary general meeting |
53.96% |
September 24, 2020 |
September 25, 2020 |
As detailed in the “Announcement of Resolutions of the 1st Extraordinary General Meeting 2020” (annoucement No. 2020-129) published by the company on China Securities Journal, Securities Daily and www.cninfo.com.cn on September 25, 2020. |
| The 2nd extraordinary general meeting of 2020 |
Extraordinary general meeting |
56.30% |
2020-11-18 |
November 19, 2020 |
As detailed in the “Announcement of Resolutions of the 2nd Extraordinary General Meeting 2020” (annoucement No. 2020-155) published by the company on China Securities Journal, Securities Daily and www.cninfo.com.cn on November 19, 2020. |
2. Extraordinary general meetings requested by preferred shareholders whose voting power was resumed
□ applicable √ not applicable
V. Performance of duties by independent directors within the reporting period
1. Attendance of independent directors at board meetings and general meetings
| Attendance of independent directors at board meetings and general meetings |
|---|
| Name of independent director |
Number of board meetings to be attended in this reporting period |
Number of board meetings attended in person |
Number of board meetings attended via communication means |
Number of board meetings attended via proxy |
Number of board meetings absent from |
Whether fail to attend board meetings in person for two consecutive times |
Number of general meetings attended |
|---|
| Deng Feng |
18 |
4 |
14 |
0 |
0 |
No |
3 |
| Chen Huanchun |
18 |
4 |
14 |
0 |
0 |
No |
2 |
| Cai Manli |
18 |
4 |
14 |
0 |
0 |
No |
2 |
Remarks on failure to attend board meetings in person for two consecutive times
2. Objections raised by independent directors to matters related to the company
Whether independent directors raised objections to matters related to the company
□ yes √ no
Independent directors did not raise any objections to matters related to the company within the reporting period.
3. Other remarks on performance of duties by independent directors
Whether independent directors’ suggestions regarding the company were adopted
√ Yes □ No
Remarks on independent directors’ suggestions regarding the company adopted or not adopted
During the reporting period, the company’s independent directors acted dutifully and diligently, provided constructive input and suggestions, actively participated in board meetings and general meetings, performed their rights, duties and obligations conferred by the Company Law, Securities Law, the Articles of Association and the Working Rules for Independent Directors, strictly complied with national laws, regulations, decrees, ordinances and rules and raised numerous specialized and constructive opinions in terms of business operations, development strategy and major decisions, all of which were adopted by the company.
VI. Performance of duties by committees under the board of directors within the reporting period
(I) Performance of duties by the audit committee of the board of directors:
1. The 8th board of directors audit committee of the company comprises three directors named Cai Manli, Deng Feng and Li Jianxiong, of which Cai Manli serves as the chairman of the committee. During the reporting period, The 8th board of directors audit committee held a total of 4 meetings to deliberate the 2019 annual financial report, 2020 Q1 financial report, 2020 semiannual financial report and 2020 Q3 financial report.
(1) On March 20, 2020, the first routine meeting of 2020 of the 8th board of directors audit committee of the company was held in the conference room of the company in Beijing, which should be and was attended by 3 persons and was presided over by the chairman Cai Manli. The meeting deliberated and passed the “Full Text and Summary of the 2019 Annual Report”, “Internal Control Evaluation Report of 2019”, “Proposal regarding Modification to the Company’s Internal Control Policies”, “Proposal regarding Engagement of Sichuan Huaxin (Group) CPA Firm (special general partnership) as Auditor of the Company’s 2020 Financial Report”, “Proposal regarding Continuous Risk Assessment Report of New Hope Finance Co., Ltd”, “Proposal regarding Related-party Transaction with Xinwang Financial Leasing (Tianjin) Co., Ltd”, “Proposal regarding Related-party Transaction with New Hope (Tianjin) Commercial Factoring Co., Ltd”, “Proposal regarding Execution of Daily Related-party Transaction Framework Agreement and Estimation of Daily Related-party Transactions in 2020” and “Proposal regarding Additional Borrowings from Controlling Shareholders and Related-party Transactions”.
(2) On April 17, 2020, the second routine meeting of 2020 of the 8th board of directors audit committee of the company was held in the conference room of the company in Beijing, which should be and was attended by 3 persons and was presided over by the chairman Cai Manli. The meeting deliberated and passed the “Full Text and Main Body of the 2020 Q1 Report”.
(3) On August 14, 2020, the third routine meeting of 2020 of the 8th board of directors audit committee of the company was held in the conference room of the company in Beijing, which should be and was attended by 3 persons and was presided over by the chairman Cai Manli. The meeting deliberated and passed the “Full Text and Summary of the 2019 Annual Report”, “Proposal regarding Continuous Risk Assessment Report of New Hope Finance Co., Ltd”, “Proposal regarding Adjustment to Estimation of Daily Related-party Transactions and Additional Related-party Transactions”, “Proposal regarding Accounting Estimate Changes for Estimated Service Life of Productive Biological Assets” and “Proposal regarding Accounting Estimate Changes for Depreciation Period of Fixed Assets”.
(4) On October 19, 2020, the fourth routine meeting of 2020 of the 8th board of directors audit committee of the company was held in the conference room of the company in Beijing, which should be and was attended by 3 persons and was presided over by the chairman Cai Manli. The meeting deliberated and passed the “Full Text and Main Body of the 2020 Q1 Report” and “Proposal regarding Adjustment to Estimation of Daily Related-party Transactions and Additional Related-party Transactions”.
(II) Performance of duties by the strategic development committee of the board of directors
The strategic development committee of the 8th board of directors of the company comprises 5 directors namely Liu Chang, Liu Yonghao and Wang Hang, Chen Huanchun, Deng Feng, with Liu Chang serving as the chairman. The strategic development committee of the 8th board of directors held two meetings within the reporting period.
(1) On March 20, 2020, the first meeting of 2020 of the strategic development committee of the 8th board of directors was held in the conference room of the company in Beijing, which should be and was attended by 5 persons and was presided over by chairman Liu Chang. The meeting deliberated and passed the “Proposal regarding the Company’s Compliance with Conditions for Private Placement of Stocks”, “Proposal regarding the Company’s Scheme for Private Placement of Stocks”, “Proposal regarding Feasibility Analysis Report on Use of Funds Raised from This Private Placement of Stocks”, “Proposal regarding the Company’s Compliance with Conditions for Public Offering of Renewable Corporate Bonds to Professional Investors” and “Proposal regarding Public Offering of Renewable Corporate Bonds to Professional Investors”.
(2) On October 19, 2020, the second meeting of 2020 of the strategic development committee of the 8th board of directors was held by means of voting via communication tools. The meeting deliberated and passed the “Proposal regarding the Company’s Compliance with Conditions for Public Offering of Convertible Bonds”, “Proposal regarding the Company’s Scheme for Public Offering of Convertible Bonds”, and “Proposal regarding Feasibility of Investment Projects using Funds raised from Public Offering of Convertible Bonds by the Company”.
(III) Performance of duties by the remuneration and appraisal committee of the board of directors
The remuneration and appraisal committee of the 8th board of directors of the company comprises 5 directors namely Deng Feng, Liu Chang, Chen Huanchun, Cai Manli and Li Jianxiong, with Deng Feng serving as the chairman. The remuneration and appraisal committee of the 8th board of directors held three meetings within the reporting period.
(1) On July 10, 2020, the first meeting of 2020 of the remuneration and appraisal committee of the 8th board of directors was held by means of voting via communication tools. The meeting deliberated and passed the “Proposal regarding Conduct of Personal Appraisal and Evaluation of Incentive Recipients under the 2019 Restricted Stock and Stock Option Incentive Plan”.
(2) On July 31, 2020, the second meeting of 2020 of the remuneration and appraisal committee of the 8th board of directors was held by means of voting via communication tools. The meeting deliberated and passed the “Proposal regarding Results of Personal Appraisal and Evaluation of Incentive Recipients under the 2019 Restricted Stock and Stock Option Incentive Plan”
(3) On December 31, 2020, the third meeting of 2020 of the remuneration and appraisal committee of the 8th board of directors was held by means of voting via communication tools. The meeting deliberated and passed the “Proposal regarding 2021 Restricted Stock Incentive Plan (draft) and its Summary”, “Proposal regarding “Administrative Measures for Appraisal under the 2021 Restricted Stock Incentive Plan” and “Proposal regarding Proposed Research of 2021 Employee Stock Ownership Plan”.
(IV) Performance of duties by the risk control committee of the board of directors
The risk control committee of the 8th board of directors of the company comprises 5 directors namely Cai Manli, Deng Feng, Chen Huanchun, Wang Hang and Deng Cheng, with Cai Manli serving as the chairman. The risk control committee of the 8th board of directors held one meeting within the reporting period.
(1) On August 14, 2020, the first meeting of 2020 of the risk control committee of the 8th board of directors was held by means of voting via communication tools. The meeting specifically deliberated and passed the “Proposal regarding Conduct of Value-preserved Exchange Rate and Interest Rate Capital Transaction Business”.
(V) Performance of duties by the nomination committee of the board of directors
The nomination committee of the 8th board of directors of the company comprises 3 directors namely Deng Feng, Liu Chang and Cai Manli, with Deng Feng serving as the chairman. The nomination committee of the 8th board of directors held two meetings within the reporting period.
(1) On September 6, 2020, the first meeting of 2020 of the nomination committee of the 8th board of directors was held by means of voting via communication tools. The meeting deliberated and passed the “Proposal regarding Nomination of Candidate President of the Company” and “Proposal regarding Nomination of Candidate Directors of the Company”.
(2) On November 22, 2020, the second meeting of 2020 of the nomination committee of the 8th board of directors was held by means of voting via communication tools. The meeting deliberated and passed the “Proposal regarding Nomination of Candidate President Assistant of the Company”
VII. Work of the board of supervisors
Whether the board of supervisors found any risks to the company in its supervisory activities during the reporting period
□ yes √ no
The board of supervisors had no objections to supervised matters within the reporting period.
VIII. Appraisal and incentives of senior executives
According to the company’s policies related to performance appraisal and compensation incentive systems for senior executives, the performance appraisal of senior executives consists of short-term contribution appraisal and long-term contribution appraisal. The company’s directors and senior executives stated their job performance and conducted self evaluation to the remuneration and appraisal committee of the board of directors, which evaluated performance of directors and senior executives based on the following dimensions:
1. Short-term contribution:
(1) Achievement of the company’s key financial indicators and business objectives:
(2) Achievement of the business results and key performance indicators of entities under the responsibility of senior executives 2. Long-term contribution:
(1) Construction of organizational cultural competence improvement of the company undertaken by senior executives;
(2) Construction of corporate governance and internal control systems;
(3) Innovation ability and leadership of senior executives
IX. Internal control
Details of significant defects in internal controls found during the reporting period
□ yes √ no
2. Internal control self-evaulation report
| Date of disclosure of the full text of the internal control evaluation report |
April 30, 2021 |
| Disclosure index of full text of internal control evaluation report |
As detailed in the “2020 Internal Control Evaluation Report” published by the company on April 30, 2021. |
| Ratio of total assets of entities included in the scope of evaluation to the total assets indicated on the company’s consolidated financial statements |
59.83% |
| Ratio of business revenue of entities included in the scope of evaluation to the business revenue indicated |
31.94% |
| on the company’s consolidated financial statements |
|
| Standards for defect determination |
| Category |
Financial report |
Non-financial report |
| Qualitative standards |
Fatal defect: occurrence of any act of gross malpractice involving disclosure of financial information; any material misstatements existing in the company’s financial reports are found by external regulatory authorities or audit agencies, but not identified by corresponding control activities of the company; the financial report preparation and presentation control procedures of the company contain fatal loopholes, which might result in material misstatements in the company’s statements. Important defect: the financial report preparation and presentation control procedures of the company contain control loopholes, which should draw great attention of the company’s board of directors and management for improvement although they will not result in material misstatements in the company’s statements. General defect: internal control defects in financial reporting other than fatal defects and important defects. |
Fatal defect: refers to a combination of one or more control defects, which might result in an enterprise seriously deviating from its control objectives. Such as the company lacks democratic decision-making procedures and decision-making procedures are not scientific, resulting in serious mistakes; the company violates national laws, regulations or normative documents and is subjected to penalties; frequent and wide-ranging negative media coverage; malpractices of the company’s directors, supervisors and senior executives; the company’s important businesses are without institutional control or the institutional system fails, etc. Important defect: the company fails to comply with established internal control procedures or design defects exist in internal control itself, the impacts of which might result in the company deviating from the control objectives although not enough to meet the standards for important defect. General defect: refers to defects other than fatal defects and important defects. |
| Quantitative standards |
Fatal defect: the misstated amount is larger than 3% of total assets, 1% of total business revenue or 5% of total profits; being punished by competent national authorities and related circumstances have been officially disclosed to the outside, causing negative impacts on the periodical report disclosure of the company, serious turnover of the personnel in key jobs and frequent media coverage. Important defect: the misstated amount is between 0.5% and 0.3% of total assets, 0.5% and 1% of total business revenue and 3% and 5% of total profits; being punished by local governments and exposed by media, causing considerable negative impact on the periodical report disclosure of the company. General defect: the misstated amount is fewer than 0.5% of total assets, 0.5% of total business revenue or 3% of total profits; being punished by local government departments but without causing negative impacts on the periodical report disclosure of the company. |
Fatal defect: the amount of direct property loss is larger than 3% of total assets, 1% of total business revenue or 5% of total profits; being punished by competent national authorities and related circumstances have been officially disclosed to the outside, causing negative impacts on the periodical report disclosure of the company, serious turnover of the personnel in key jobs and frequent media coverage. Important defect: the amount of direct property loss is between 0.5% and 0.3% of total assets, 0.5% and 1% of total business revenue and 3% and 5% of total profits; being punished by local governments and exposed by media, causing considerable negative impact on the periodical report disclosure of the company. General defect: the amount of direct property loss is fewer than 0.5% of total assets, 0.5% of total business revenue or 3% of total profits; being punished by local government departments but without causing negative impacts on the periodical report disclosure of the company. |
| Number of fatal defects in financial report |
0 |
| (number) |
|
| Number of fatal defects in non-financial report (number) |
0 |
| Number of important defects in financial report (number) |
0 |
| Number of important defects in non-financial report (number) |
0 |
X. Internal control audit report
√ applicable □ not applicable
| Audit opinion paragraph in the internal control audit report |
| Sichuan Huaxin (Group) CPA Firm (special general partnership) believes the company maintained effective internal control of financial reporting in all material aspects according to the “Basic Standards for Internal Control of Enterprises” and related provisions as of December 31, 2020. |
| Disclosure of internal control audit report |
Disclosure |
| Date of disclosure of full text of the internal control audit report |
April 30, 2021 |
| Index of disclosure of full text of the internal control audit report |
As detailed in the “2020 Internal Control Audit Report” published by the company on China Securities Journal, Securities Daily and www.cninfo.com.cn on April 30, 2021. |
| Type of opinion in internal control audit report |
Standard unqualified opinion |
| Whether there were fatal defects in non-financial report |
No |
Whether the accounting firm issued any non-standard opinion internal control audit report
□ yes √ no
Whether the internal control audit report issued by the accounting firm is consistent with the opinion in the self-evaluation report of the board of directors
√ Yes □ No
Section 11 Details related to corporate bonds
Whether the company had any corporate bonds publicly issued and listed on stock exchanges which were not due or not redeemed in full upon maturity on the date of approved issue of the annual report.
No
Section 12 Financial Report
I. Auditor’s report
| Type of audit opinion |
Standard unqualified opinion |
| Date of signing of auditor’s report |
April 28, 2021 |
| Name of audit agency |
Sichuan Huaxin (Group) CPA Firm (special general partnership) |
| Document number of auditor’s report |
Sichuan Huaxin Audit (2021)No. 038 |
| Name of CPA |
Li Wulin, Wu Dan, Xiao Li |
Text of the auditor’s report
To all shareholders of New Hope Liuhe Co., Ltd:
I. Opinion
We have audited the financial statements of New Hope Liuhe Co., Ltd ( hereinafter, the “New Hope”), which comprise the consolidated and parent balance sheets as of December 31, 2020, consolidated and parent income statements, consolidated and parent cash flow statements, consolidated and parent statements of changes in equity of 2020 and related notes to financial statements.
We believe the enclosed financial statements have been prepared in every material aspect according to the provisions of the enterprise accounting standards and fairly reflect the consolidated and parent financial position of New Hope as of December 31, 2020, the consolidated and parent business results and cash flow for the year 2020.
II. Basis of opinion
We have conducted the audit work according to the Chinese CPA audit standards. The “CPA’s responsibilities for audit of financial statements” part of the auditor’s report further describes our responsibilities under such these standards. According to the code of ethics for Chinese certified public accountants, we are independent from New Hope and had performed other responsibilities in terms of professional ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for audit opinion.
III. Key audit matters
Key audit matters are matters that we deems most important for the audit of the current financial statements according to our professional judgment. The response to these matters was made against the background of audit of the financial statements as a whole and formation of audit opinion, and we don’t express any opinion on these matters separately. We have identified the following matters as key audit matters:
| (I)Impairment of biological assets |
| Please refer to notes to the financial statements “Note V. (20) biological assets”, “Note VII (7) inventories” and “Note VII(14) productive biological assets”. |
| Reasons for being key audit matters |
How this matter is responded to in the audit |
| At December 31, 2020, the book value of biological assets of New Hope was 19,382.1006 million Yuan, accounting for 17.71% of its total assets. The market prices of biological assets are largely vulnerable to periodic fluctuations and epidemics, therefore we regard impairment of biological assets as a key audit matter given the fact the biological assets have material impacts on financial statements and New Hope’s management needs to exercise significant judgments when determining the net realizable value or recoverable amount of biological assets. |
The audit procedures we performed for impairment of biological assets mainly include: (1)Testing and evaluating the effectiveness of internal controls related to impairment of biological assets; (2) Supervising the inventory sampling of biological assets and examining the quantities and status of biological assets; (3) Communicating with the management to understand and assess the precautions and risk response strategies for safety of biological assets in day-to-day business process; (4) Evaluating the important assumptions used by the management in calculating the net realizable value or recoverable amount of biological assets, including examining the selling prices, death rates, cost per unit and cost of sales, etc; (5) Inquiring about the changes in prices of biological assets such as pork pigs and broilers in recent years, understanding the patterns of periodic price fluctuations of products like pork pigs and broilers, and examining and analyzing the effects of management’s consideration of these factors on impairment risk of biological assets. (6) Acquiring inventory revaluation reserve calculations and impairment provision calculations for biological assets of New Hope, examining and analyzing the reasonability of net realizable values or recoverable amounts, and assessing the accuracy of impairment provision for biological assets accrued. |
(II) Accounting of investments in China Minsheng Bank under the equity method
| (II) Accounting of investments in China Minsheng Bank under the equity method |
| Please refer to the notes to financial statements “Note VII (9) long-term equity investments” and “Note VII (48) investment income”. |
| Reasons for being key audit matters |
How this matter is responded to in the audit |
| Investments of New Hope in investees with significant influence are accounted for under the equity method, and New Hope in the current period continued maintaining its significant judgment that it has significant influence over China Minsheng Banking Corp. Ltd (“CMBC”) in which it holds 4.1759% shares, thereby accounting for its investments in CMBC using the equity method. New Hope’s management believes New Hope can actively participate in business and financial policies of CMBC by assigning its representative to the board of directors of CMBC, thereby having significant influence over CMBC. As CMBC’s financial statements have significant influence over New Hope’s consolidated financial statements, we regard New Hope accounting for its investments in CMBC using the equity method as a key audit matter. |
The audit procedures we performed with respect to New Hope accounting for its investments in CMBC using the equity method mainly include: (1) Consulting the articles of association of CMBC and analyzing shareholding structure and major business decision making mechanisms of CMBC; (2) Consulting the composition of board of directors of CMBc and appointment and removal of New Hope’s representatives on its board of directors, and assessing whether they have significant changed from the previous years; (3) Consulting board meeting announcements of CMBC and examining attendance of directors assigned by New Hope at board meetings of CMBC; (4) Communicating and discussing with New Hope’s management, and assessing the actual influence of New Hope over significant decision and operation-related activities of CMBC. Based on the aforesaid, the evidence we obtained in performance of audit activities supports the judgment of the management that New Hope has significant influence over CMBC and the investments in CMBC are accounted for using the equity method. |
Please refer to the notes to financial statements “Note VII (9) long-term equity investments” and “Note VII (48) investment income”.
IV. Other information
New Hope’s management (“management”) is responsible for other information. Other information includes information covered in the 2020 annual report, but excludes financial statements and our auditor’s report.
Our audit opinion on the financial statements does not cover other information, nor do we express any form of assurance conclusion for other information.
In conjunction with our audit of the financial statements, our responsibility is to read other information and in the process consider whether other information contains any material inconsistency with the financial statements or our understanding in the audit process or seems to contain any material misrepresentations.
Based on the work we conducted, if we are certain that other information contains any material misrepresentations, we should report such fact. In this regard, we have no reportable matters.
V. Responsibilities of the management and those charged with governance for financial statements
The management of New Hope is responsible for the preparation and fair presentation of financial statements according to the provisions of the enterprise accounting standards, and design, implementation and maintenance of necessary internal controls to ensure the financial statements are free of any material misrepresentation due to malpractice or error.
When preparing the financial statements, the management is responsible for assessing New Hope’s ability as a going concern, disclosing matters related to going concern (if applicable) and applying the going concern assumptions, unless the management plans to liquidate New Hope, ceases to operate or has no other realistic options.
Those charged with governance is responsible for supervising the financial reporting process of New Hope.
VI. CPA’s responsibility for audit of financial statements
Our objective is to obtain reasonable assurance about whether the financial statements are free of material misstatements, due to malpractice or error, and issue an auditor’s report containing the audit opinion. The reasonable assurance is a high-level assurance, but can not guarantee that a particular material misstatement can always be found by the audit conducted according to the audit standards. Misstatement might result from malpractice or error and is generally deemed material if the misstatements either individually or in aggregate are reasonably expected to affect the economic decisions made by the users of financial statements according to the financial statements.
While performing the audit according to the audit standards, we have employed professional judgment and maintained professional doubt. Meanwhile, we also conducted the following activities:
(1) Identifying and assessing the risks of material misstatements of financial statements due to malpractice or error; designing and implementing audit procedure to respond to these risks and obtaining sufficient and appropriate audit evidence as the basis for expression of audit opinion. As malpractice might involve collusion, forgery, intentional omission, falsified statements or overriding the internal controls, the risk of failure to identify the material statements due to malpractice is higher than the risk of failure to identify material statements due to error.
(2) Understanding the internal controls related to audit to design appropriate audit procedure, but not for the purpose of expressing any opinion on the effectiveness of internal controls.
(3) Assessing the accounting policies selected by the management for appropriateness and the accounting estimates and related disclosures made by them for reasonableness.
(4) Drawing conclusions on the appropriateness of the going concern assumption employed by the management. Meanwhile, drawing conclusions on whether there exists any uncertainty with the matters or circumstances that might cause significant doubts about New Hope’s ability as going concern based on the audit evidence obtained. If we conclude that there exists any significant uncertainty, the audit standards require us to remind the report users in the auditor’s report to be aware of the related disclosures in the financial statements; if the disclosure is insufficient, we should express an unqualified opinion. Our conclusion is based on the information available as of the date of the auditor’s report. However, future events or circumstances might cause New Hope to be unable to operate as a going concern.
(5) Evaluating the overall presentation, structure and contents (including disclosures) of the financial statements and evaluating whether the financial statements fairly reflect the transactions and matters.
(6) Obtaining sufficient and appropriate audit evidence with respect to the financial information about New Hope entities or their business activities in order to express audit opinion on financial statements. We are responsible for directing, supervising and implementing the Group’s audit and assume full responsibility for the audit opinion.
We have communicated with those charged with governance about the scope of planned audit, schedule and significant audit findings, among others, including the internal control defects identified by us in the audit that call for attention.
We also provide those charged with governance with a statement that we have complied with the professional ethics requirements related to independence and communicate with those charged with governance about all relations and other matters that might be reasonably deemed to have affected our independence, as well as related precautions (if applicable).
Among the matters we have communicated with those charged with governance, we determine which matters are the most important to the current financial statements, thereby constituting key audit matters. We describe theses matters in the auditor’s report, and unless the laws and regulations prohibit public disclosure of these matters or in extremely raw cases, if the negative consequences of communicating a particular matter in the auditor’s report is reasonably expected to exceed the benefits arising in terms of public interests, we determine that we should not communicate such matters in the auditor’s report.
Sichuan Huaxin (Group) CPA Firm Chinese CPA: Li Wulin
(Special general partnership) (Project partner)
Chengdu, China Chinese CPA: Wu Dan
Chinese CPA: Xiao Li
April 28, 2021
II. Financial statements
The monetary unit in notes to financial statements is RMB Yuan.
1. Consolidated balance sheet
Prepared by: New Hope Liuhe Co., Ltd
Unit: yuan
| Item |
December 31, 2020 |
December 31, 2019 |
|---|
| Current assets: |
|
|
| Cash at bank and on hand |
8,799,264,356.20 |
5,777,179,578.87 |
| Settlement reserve |
|
|
| Loans to other banks |
|
|
| Trading financial assets |
2,196,760.08 |
4,594,255.65 |
| Derivative financial assets |
|
|
| Notes receivable |
25,116,000.00 |
64,091,249.80 |
| Accounts receivable |
865,340,970.83 |
894,050,167.92 |
| Receivables financing |
|
|
| Prepayments |
3,146,703,624.53 |
644,252,622.96 |
| Insurance premiums receivable |
|
|
| Reinsurance amounts receivable |
|
|
| Provision of cession receivable |
|
|
| Other receivables |
464,350,467.03 |
346,508,417.87 |
| Wherein: interest receivable |
28,841,237.06 |
52,735,123.47 |
| Dividends receivable |
|
|
| Financial assets purchased for resale |
|
|
| Inventories |
15,649,735,402.26 |
9,307,812,126.89 |
| Contract assets |
|
|
| Assets held for sale |
|
|
| Noncurrent assets due within one year |
|
|
| Other current assets |
101,034,046.15 |
140,064,259.62 |
| Total current assets |
29,053,741,627.08 |
17,178,552,679.58 |
| Noncurrent assets |
|
|
| Loans and advances made |
|
|
| Debt investments |
|
|
| Other debt investments |
|
|
| Long-term receivables |
|
|
| Long-term equity investments |
22,702,080,340.55 |
21,121,784,349.18 |
| Other equity instrument investments |
320,276,827.48 |
318,276,827.48 |
| Other noncurrent financial assets |
|
|
| Investment properties |
364,645.04 |
381,137.69 |
| Fixed assets |
28,861,009,355.16 |
13,825,102,269.78 |
| Construction in progress |
11,006,466,489.26 |
4,745,959,274.86 |
| Productive biological assets |
11,797,596,610.49 |
2,510,633,170.64 |
| Oil & gas assets |
|
|
| Right-of-use assets |
|
|
| Intangible assets |
1,552,519,664.88 |
1,388,930,702.26 |
| Development expenditure |
|
|
| Goodwill |
1,234,756,072.93 |
1,234,756,072.93 |
| Long-term unamortized expenses |
1,057,479,934.91 |
406,320,291.51 |
| Deferred income tax assets |
315,540,930.34 |
277,744,391.09 |
| Other noncurrent assets |
1,541,633,064.03 |
1,209,225,716.55 |
| Total noncurrent assets |
80,389,723,935.07 |
47,039,114,203.97 |
| Total assets |
109,443,465,562.15 |
64,217,666,883.55 |
| Current liabilities: |
|
|
| Short-term borrowings |
10,399,072,204.60 |
13,620,562,405.56 |
| Borrowings from central bank |
|
|
| Loans from other banks |
|
|
| Held-for-trading financial liabilities |
16,850,229.73 |
5,240,664.99 |
| The derivative financial liabilities |
|
|
| Notes payable |
1,884,106,201.82 |
546,413,194.42 |
| Accounts payable |
8,215,467,451.85 |
4,966,318,094.79 |
| Advance receipts |
|
1,347,222,574.40 |
| Contract liabilities |
2,285,698,452.30 |
|
| Financial assets sold for repurchase |
|
|
| Deposits taken and interbank deposits |
|
|
| Proceeds from vicariously traded securities |
|
|
| Proceeds from vicariously underwritten securities |
|
|
| Payroll payable |
1,265,148,482.17 |
794,865,691.98 |
| Taxes and dues payable |
244,404,612.93 |
216,106,174.26 |
| Other payables |
4,515,294,643.20 |
3,848,824,206.47 |
| Wherein: interest payable |
|
45,768,415.29 |
| Dividends payable |
76,703,390.04 |
194,636,496.96 |
| Handling fee and commission payable |
|
|
| Cession insurance premiums payable |
|
|
| Liabilities held for sale |
|
|
| Noncurrent liabilities due within one year |
2,051,926,912.84 |
850,351,706.57 |
| Other current liabilities |
1,040,287,446.72 |
|
| Total current liabilities |
31,918,256,638.16 |
26,195,904,713.44 |
| Noncurrent liabilities |
|
|
| Provision for insurance contracts |
153,364,872.70 |
109,584,637.12 |
| Long-term borrowings |
22,901,808,635.67 |
4,954,486,449.54 |
| Bonds payable |
2,808,543,708.55 |
|
| Wherein: preferred shares |
|
|
| Perpetual bonds |
|
|
| Lease liabilities |
|
|
| Long-term payables |
|
6,000,000.00 |
| Long-term payable payroll |
|
|
| Estimated liabilities |
|
|
| Deferred income |
275,540,610.92 |
284,798,587.55 |
| Deferred income tax liabilities |
14,999,095.91 |
17,026,975.65 |
| Other noncurrent liabilities |
|
|
| Total noncurrent liabilities |
26,154,256,923.75 |
5,371,896,649.86 |
| Total liabilities |
58,072,513,561.91 |
31,567,801,363.30 |
| Ownership interest: |
|
|
| Share capital |
4,505,800,981.00 |
4,216,015,009.00 |
| Other equity instruments |
1,991,904,960.44 |
|
| Wherein: preferred shares |
|
|
| Perpetual bonds |
1,800,000,000.00 |
|
| Capital reserve |
9,750,908,624.64 |
2,507,590,540.72 |
| Minus: treasury shares |
370,970,103.39 |
611,317,618.59 |
| Other comprehensive income |
-343,891,820.87 |
-41,562,505.82 |
| Special reserve |
|
|
| Surplus reserve |
3,093,735,140.45 |
2,400,778,310.95 |
| Generic risk reserve |
|
|
| Undistributed profits |
21,218,846,353.41 |
17,590,186,212.30 |
| Total ownership interest attributable to the parent company |
39,846,334,135.68 |
26,061,689,948.56 |
| Minority interest |
11,524,617,864.56 |
6,588,175,571.69 |
| Total ownership interest |
51,370,952,000.24 |
32,649,865,520.25 |
| Total liabilities and ownership interest |
109,443,465,562.15 |
64,217,666,883.55 |
Legal representative: Liu Chang Chief accountant: Chen Xingyao Person in charge of accounting organization: Chen Jing
2. Parent company balance sheet
Unit: yuan
| Item |
December 31, 2020 |
December 31, 2019 |
|---|
| Current assets: |
|
|
| Cash at bank and on hand |
5,123,092,679.56 |
3,946,682,922.07 |
| Trading financial assets |
|
|
| Derivative financial assets |
|
|
| Notes receivable |
43,077,270.81 |
196,274,325.65 |
| Accounts receivable |
|
1,474,386.47 |
| Receivables financing |
|
|
| Prepayments |
11,093,569.12 |
19,340,940.22 |
| Other receivables |
54,606,184,474.17 |
23,621,677,381.84 |
| Wherein: interest receivable |
71,966,472.48 |
73,397,114.11 |
| Dividends receivable |
5,576,107.23 |
465,500,000.00 |
| Inventories |
35,515,147.51 |
27,991,352.12 |
| Contract assets |
|
|
| Assets held for sale |
|
|
| Noncurrent assets due within one year |
|
|
| Other current assets |
3,214,791.70 |
5,349,774.87 |
| Total current assets |
59,822,177,932.87 |
27,818,791,083.24 |
| Noncurrent assets |
|
|
| Debt investments |
|
|
| Other debt investments |
|
|
| Long-term receivables |
|
|
| Long-term equity investments |
13,117,654,076.31 |
9,131,047,342.08 |
| Other equity instrument investments |
211,196,000.00 |
211,196,000.00 |
| Other noncurrent financial assets |
|
|
| Investment properties |
|
|
| Fixed assets |
22,125,177.47 |
26,018,579.25 |
| Construction in progress |
108,900.00 |
|
| Productive biological assets |
|
|
| Oil & gas assets |
|
|
| Right-of-use assets |
|
|
| Intangible assets |
12,096,017.06 |
20,778,129.99 |
| Development expenditure |
|
|
| Goodwill |
|
|
| Long-term unamortized expenses |
3,759,720.34 |
2,135,449.33 |
| Deferred income tax assets |
1,748,966.24 |
767,190.67 |
| Other noncurrent assets |
2,225,896.11 |
501,293.33 |
| Total noncurrent assets |
13,370,914,753.53 |
9,392,443,984.65 |
| Total assets |
73,193,092,686.40 |
37,211,235,067.89 |
| Current liabilities: |
|
|
| Short-term borrowings |
1,233,424,669.48 |
4,345,139,845.07 |
| Held-for-trading financial liabilities |
|
|
| The derivative financial liabilities |
|
|
| Notes payable |
157,626,966.22 |
98,207,852.09 |
| Accounts payable |
31,457,471.61 |
23,734,887.74 |
| Advance receipts |
|
22,226,964.74 |
| Contract liabilities |
26,344,234.44 |
|
| Payroll payable |
42,181,388.07 |
29,359,058.80 |
| Taxes and dues payable |
8,566,076.27 |
3,763,775.88 |
| Other payables |
39,157,548,434.66 |
17,749,453,705.10 |
| Wherein: interest payable |
|
25,397,692.88 |
| Dividends payable |
|
|
| Liabilities held for sale |
|
|
| Noncurrent liabilities due within one year |
346,679,721.05 |
587,050,000.00 |
| Other current liabilities |
1,013,537,500.00 |
|
| Total current liabilities |
42,017,366,461.80 |
22,858,936,089.42 |
| Noncurrent liabilities |
|
|
| Long-term borrowings |
7,369,143,966.60 |
2,376,300,000.00 |
| Bonds payable |
2,808,543,708.55 |
|
| Wherein: preferred shares |
|
|
| Perpetual bonds |
|
|
| Lease liabilities |
|
|
| Long-term payables |
|
|
| Long-term payable payroll |
|
|
| Estimated liabilities |
|
|
| Deferred income |
2,584,397.24 |
1,569,625.82 |
| Deferred income tax liabilities |
|
|
| Other noncurrent liabilities |
|
|
| Total noncurrent liabilities |
10,180,272,072.39 |
2,377,869,625.82 |
| Total liabilities |
52,197,638,534.19 |
25,236,805,715.24 |
| Ownership interest: |
|
|
| Share capital |
4,505,800,981.00 |
4,216,015,009.00 |
| Other equity instruments |
1,991,904,960.44 |
|
| Wherein: preferred shares |
|
|
| Perpetual bonds |
1,800,000,000.00 |
|
| Capital reserve |
11,290,480,329.87 |
4,876,984,181.01 |
| Minus: treasury shares |
370,970,103.39 |
611,317,618.59 |
| Other comprehensive income |
|
|
| Special reserve |
|
|
| Surplus reserve |
1,050,790,016.75 |
979,184,653.16 |
| Undistributed profits |
2,527,447,967.54 |
2,513,563,128.07 |
| Total ownership interest |
20,995,454,152.21 |
11,974,429,352.65 |
| Total liabilities and ownership interest |
73,193,092,686.40 |
37,211,235,067.89 |
3. Consolidated income statement
Unit: yuan
| Item |
2020 |
2019 |
|---|
| I. Total business revenue |
109,825,224,396.56 |
82,050,539,486.67 |
| Wherein: business revenue |
109,825,224,396.56 |
82,050,539,486.67 |
| Interest revenue |
|
|
| Earned premiums |
|
|
| Revenue from handling fee and commission |
|
|
| II. Total operating costs |
104,440,871,612.39 |
77,498,998,021.92 |
| Wherein: operating cost |
98,175,150,554.22 |
72,150,061,066.97 |
| Interest expenditure |
|
|
| Expenditure on handling fee and commission |
|
|
| Surrender value |
|
|
| Net indemnities paid |
|
|
| Net provision for insurance liabilities accrued |
41,885,849.72 |
84,759,055.67 |
| Policy dividend payout |
|
|
| Reinsurance costs |
|
|
| Taxes and surcharges |
174,637,250.41 |
141,657,402.06 |
| Selling expenses |
1,453,469,438.62 |
1,813,491,200.26 |
| Management expenses |
3,430,565,329.40 |
2,702,098,353.40 |
| R&D expenses |
265,174,311.01 |
172,876,104.78 |
| Financial expenses |
899,988,879.01 |
434,054,838.78 |
| Wherein: interest expense |
953,627,225.56 |
527,278,342.82 |
| Interest revenue |
145,017,575.95 |
98,329,806.67 |
| Plus: other income |
178,151,147.60 |
113,155,014.75 |
| Investment income (loss to be denoted by ‘-“) |
1,525,192,193.10 |
2,378,547,189.52 |
| Wherein: income on investment in affiliates and joint ventures |
1,500,421,249.79 |
2,378,312,195.70 |
| Income from de-recognition of financial assets measured at amortized cost |
0.00 |
|
| Exchange gains (losses to be denoted by “-”) |
0.00 |
|
| Income on net exposure hedging (loss to be denoted by “-“) |
|
|
| Income from change in fair value (loss to be denoted by”-“) |
34,854,130.28 |
-11,799,458.56 |
| Credit impairment loss (loss to be denoted by “-“) |
-120,680,295.15 |
-98,448,080.45 |
| Asset impairment loss (loss to be denoted by “-‘) |
-39,737,655.10 |
-166,148,031.22 |
| Income from asset disposal (loss to be denoted by “-“) |
-232,211,176.63 |
-98,143,476.42 |
| III. Operating profits (losses to be denoted by “-“) |
6,729,921,128.27 |
6,668,704,622.37 |
| Plus: non-business revenue |
138,714,611.10 |
78,665,831.90 |
| Minus: non-business expenditure |
704,483,219.90 |
316,637,297.26 |
| IV. Total profits (total losses to be denoted by “-“) |
6,164,152,519.47 |
6,430,733,157.01 |
| Minus: income tax expense |
316,475,011.74 |
250,176,964.79 |
| V. Net profits (net losses to be denoted by “-“) |
5,847,677,507.73 |
6,180,556,192.22 |
| (I) Classification by operational continuity |
|
|
| 1. Net profits from continuous operations (net losses to be denoted by”-“) |
5,847,677,507.73 |
6,180,556,192.22 |
| 2. Net profits from discontinued operations(net losses to be denoted by “-“) |
|
|
| (II) Classification by attribution of ownership |
|
|
| 1. Net profits attributable to owners of the parent company |
4,944,191,027.81 |
5,041,999,768.06 |
| 2. Minority interest income |
903,486,479.92 |
1,138,556,424.16 |
| VI. After-tax net amount of other comprehensive income |
-344,946,371.34 |
13,145,771.42 |
| After-tax net amount of other comprehensive income attributable to the owners of the parent company |
-302,329,315.05 |
5,743,988.67 |
| (I) Other comprehensive income that can not be reclassified to profit and loss |
1,033,535.25 |
-93,832,476.98 |
| 1. Change in defined benefit plan re-measured |
|
|
| 2. Other comprehensive income that cannot be transferred to profit and loss under the equity method |
1,033,535.25 |
997,896.00 |
| 3. Change in fair value of other equity instrument investments |
|
-94,830,372.98 |
| 4. Change in fair value of credit risk to the |
|
|
| company |
|
|
| 5. Others |
|
|
| (II) Other comprehensive income that will be reclassified to profit and loss |
-303,362,850.30 |
99,576,465.65 |
| 1. Other comprehensive income that can be transferred to profit and loss under the equity method |
-128,690,798.25 |
21,207,452.25 |
| 2. Change in fair value of other debt investments |
|
|
| 3. Amount charged to other comprehensive income due to reclassification of financial assets |
|
|
| 4. Provision for credit impairment of other debt investments |
|
|
| 5. Cash flow hedging reserve |
|
|
| 6. Foreign-currency statement translation difference |
-174,672,052.05 |
78,369,013.40 |
| 7. Others |
|
|
| After-tax net other comprehensive income attributable to minority shareholders |
-42,617,056.29 |
7,401,782.75 |
| VII. Total comprehensive income |
5,502,731,136.39 |
6,193,701,963.64 |
| Total comprehensive income attributable to owners of the parent company |
4,641,861,712.76 |
5,047,743,756.73 |
| Total comprehensive income attributable to minority shareholders |
860,869,423.63 |
1,145,958,206.91 |
| VIII: Per share earnings |
|
|
| (I) Basic earnings per share |
1.17 |
1.22 |
| (II) Diluted earnings per share |
1.17 |
1.22 |
In case of business combination under the common control during this period, the net profits realized by the combined party before consolidation is: 0.00 Yuan, and the net profits realized by the combined party in the previous period is: 0.00 Yuan.
Legal representative: Liu Chang Chief accountant: Chen Xingyao Person in charge of accounting organization: Chen Jing
4. Parent company income statement
Unit: yuan
| Item |
2020 |
2019 |
|---|
| I. Business revenue |
724,733,184.77 |
756,314,475.40 |
| Minus: operating cost |
626,199,985.42 |
673,473,723.20 |
| Taxes and surcharges |
2,521,677.09 |
1,179,315.99 |
| Selling expenses |
11,503,671.24 |
14,288,288.98 |
| Management expenses |
265,483,372.62 |
320,850,533.84 |
| R&D expenses |
26,007,040.76 |
28,577,893.66 |
| Financial expenses |
-379,993,146.86 |
-175,039,325.65 |
| Wherein: interest expense |
687,601,047.14 |
290,754,118.55 |
| Interest revenue |
1,086,764,478.17 |
464,031,298.38 |
| Plus: other income |
7,378,914.10 |
10,747,482.01 |
| Investment income (loss to be denoted by ‘-“) |
525,377,401.60 |
300,319,613.85 |
| Wherein: income on investment in affiliates and joint ventures |
52,097,131.38 |
45,007,627.32 |
| Income from de-recognition of financial assets measured at amortized cost (loss to be denoted by “-“) |
|
|
| Income on net exposure hedging (loss to be denoted by “-“) |
|
|
| Income from change in fair value (loss to be denoted by”-“) |
|
|
| Credit impairment loss (loss to be denoted by “-“) |
-4,080,385.31 |
496,778.88 |
| Asset impairment loss (loss to be denoted by “-‘) |
|
|
| Income from asset disposal (loss to be denoted by “-“) |
35,682.10 |
-5,143.08 |
| II. Operating profits (losses to be denoted by “-“) |
701,722,196.99 |
204,542,777.04 |
| Plus: non-business revenue |
5,244,321.19 |
4,828,284.01 |
| Minus: non-business expenditure |
176,783.21 |
3,520,566.96 |
| III. Total profits (total losses to be denoted by “-“) |
706,789,734.97 |
205,850,494.09 |
| Minus: income tax expense |
-263,900.94 |
153,294.68 |
| IV. Net profits (net losses to be denoted by “-“) |
707,053,635.91 |
205,697,199.41 |
| (I) Net profits from continuous operations (net losses to be denoted by”-“) |
707,053,635.91 |
205,697,199.41 |
| (II) Net profits from discontinued operations (net losses to be denoted by”-“) |
|
|
| V. After-tax net amount of other comprehensive income |
|
77,597.50 |
| (I) Other comprehensive income that can not be reclassified to profit and loss |
|
77,597.50 |
| 1. Change in defined benefit plan re-measured |
|
|
| 2. Other comprehensive income that cannot be transferred to profit and loss under the equity method |
|
|
| 3. Change in fair value of other equity instrument investments |
|
77,597.50 |
| 4. Change in fair value of credit risk to the company |
|
|
| 5. Others |
|
|
| (II) Other comprehensive income that will be reclassified to profit and loss |
|
|
| 1. Other comprehensive income that can be transferred to profit and loss under the equity method |
|
|
| 2. Change in fair value of other debt investments |
|
|
| 3. Amount charged to other comprehensive income due to reclassification of financial assets |
|
|
| 4. Provision for credit impairment of other debt investments |
|
|
| 5. Cash flow hedging reserve |
|
|
| 6. Foreign-currency statement translation difference |
|
|
| 7. Others |
|
|
| VI. Total comprehensive income |
707,053,635.91 |
205,774,796.91 |
| VII. Per share earnings |
|
|
| (I) Basic earnings per share |
|
|
| (II) Diluted earnings per share |
|
|
5. Consolidated cash flow statement
Unit: yuan
| Item |
2020 |
2019 |
|---|
| I. Cash flows from operating activities: |
|
|
| Cash received from sale of commodities and provision of service |
113,626,674,574.54 |
85,465,124,518.80 |
| Net increase in deposits from customers and interbank deposits |
|
|
| Net increase in borrowings from central bank |
|
|
| Net increase in loans from other financial institutions |
|
|
| Cash received from receipt of original insurance contract premiums |
|
|
| Net cash received from reinsurance business |
|
|
| Net increase in deposits and investments from the insured |
|
|
| Cash from interest, handling fee and commission charged |
|
|
| Net increase in loans from other banks |
|
|
| Net increase in funds for repurchase |
|
|
| Net cash received from vicariously traded securities |
|
|
| Tax rebates received |
53,650,903.68 |
40,997,832.64 |
| Other cash received in connection with operating activities |
1,627,233,097.34 |
1,848,347,792.69 |
| Subtotal of cash inflows from operating activities |
115,307,558,575.56 |
87,354,470,144.13 |
| Cash paid for purchase of goods and receipt of service |
98,721,640,862.80 |
75,371,393,866.63 |
| Net increase in loans and advances from customers |
|
|
| Net increase in deposits with central bank and other banks |
|
|
| Cash paid for indemnities under original insurance contracts |
|
|
| Net increase in loans to other banks |
|
|
| Cash paid for interest, handling fee and commission |
|
|
| Cash paid for policy dividends |
|
|
| Cash paid to and for employees |
7,096,397,218.18 |
5,016,074,638.53 |
| Taxes paid |
689,333,534.88 |
617,672,328.17 |
| Other cash paid in connection with operating activities |
3,142,017,452.57 |
1,912,436,279.76 |
| Subtotal of cash outflows from operating activities |
109,649,389,068.43 |
82,917,577,113.09 |
| Net cash flows from operating activities |
5,658,169,507.13 |
4,436,893,031.04 |
| II. Cash flows from investing activities |
|
|
| Cash received from recovery of investments |
299,298,139.70 |
989,044,758.11 |
| Cash received from acquisition of investment income |
729,735,873.94 |
646,305,494.11 |
| Net cash recovered from disposal of fixed assets, intangible assets and other long-term assets. |
839,782,107.43 |
525,081,308.02 |
| Net cash received from disposal of subsidiaries and other business units |
464,772.11 |
25,430,905.63 |
| Other cash received in connection with investing activities |
122,247,591.72 |
7,451,804.89 |
| Subtotal of cash inflows from investing activities |
1,991,528,484.90 |
2,193,314,270.76 |
| Cash paid for acquisition of fixed assets, intangible assets and other long-term assets |
34,250,094,088.62 |
9,345,892,451.43 |
| Cash paid for investments |
1,290,399,801.47 |
689,122,316.05 |
| Net increase in pledge loans |
|
|
| Net cash paid for acquisition of subsidiaries and other business units |
397,018,317.60 |
835,258,760.54 |
| Other cash paid in connection with investing activities |
68,529,538.45 |
60,329,524.87 |
| Subtotal of cash outflows from investing activities |
36,006,041,746.14 |
10,930,603,052.89 |
| Net cash flows from investing activities |
-34,014,513,261.24 |
-8,737,288,782.13 |
| III. Cash flows from financing activities: |
|
|
| Cash received from acquisition of investments |
12,338,960,988.44 |
29,176,051.27 |
| Wherein: cash received from acquisition of minority shareholder investments in subsidiaries |
5,542,961,000.00 |
29,176,051.27 |
| Cash received from acquisition of borrowings |
50,208,226,294.24 |
23,444,719,635.61 |
| Other cash received in connection with financing activities |
8,285,150,000.00 |
90,596,000.00 |
| Subtotal of cash inflows from financing activities |
70,832,337,282.68 |
23,564,491,686.88 |
| Cash paid for repayment of debts |
35,585,536,134.84 |
17,352,696,878.84 |
| Cash paid for distribution of dividends and profits or payment of interest |
2,248,263,033.32 |
975,170,675.68 |
| Wherein: dividends and profits paid by subsidiaries to minority shareholders |
558,371,418.68 |
333,946,937.21 |
| Other cash paid in connection with financing activities |
1,865,091,777.21 |
542,045,666.81 |
| Subtotal of cash outflows from financing activities |
39,698,890,945.37 |
18,869,913,221.33 |
| Net cash flows from financing activities |
31,133,446,337.31 |
4,694,578,465.55 |
| IV. Effect of exchange rate fluctuation on cash and cash equivalents |
39,784,074.45 |
-72,821,725.33 |
| V. Net increase in cash and cash equivalents |
2,816,886,657.65 |
321,360,989.13 |
| Plus: beginning balance of cash and cash equivalents |
5,692,332,240.91 |
5,370,971,251.78 |
| VI. Ending balance of cash and cash equivalents |
8,509,218,898.56 |
5,692,332,240.91 |
6. Parent company cash flow statement
Unit: yuan
| Item |
2020 |
2019 |
|---|
| I. Cash flows from operating activities: |
|
|
| Cash received from sale of commodities and provision of service |
893,267,663.78 |
613,758,385.06 |
| Tax rebates received |
|
|
| Other cash received in connection with operating activities |
403,980,756.92 |
406,802,389.61 |
| Subtotal of cash inflows from operating activities |
1,297,248,420.70 |
1,020,560,774.67 |
| Cash paid for purchase of goods and receipt of service |
549,657,975.62 |
628,537,501.22 |
| Cash paid to and for employees |
191,863,317.52 |
222,085,467.37 |
| Taxes paid |
9,230,697.76 |
1,491,254.66 |
| Other cash paid in connection with operating activities |
164,998,402.69 |
87,160,526.13 |
| Subtotal of cash outflows from operating activities |
915,750,393.59 |
939,274,749.38 |
| Net cash flows from operating activities |
381,498,027.11 |
81,286,025.29 |
| II. Cash flows from investing activities |
|
|
| Cash received from recovery of investments |
|
21,270,797.50 |
| Cash received from acquisition of investment income |
1,353,476,027.75 |
871,843,816.62 |
| Net cash recovered from disposal of fixed assets, intangible assets and other long-term assets. |
59,409.40 |
30,659.42 |
| Net cash received from disposal of subsidiaries and other business units |
16,336,690.98 |
635,105,546.59 |
| Other cash received in connection with investing activities |
22,655,906,306.90 |
10,189,737,682.64 |
| Subtotal of cash inflows from investing activities |
24,025,778,435.03 |
11,717,988,502.77 |
| Cash paid for acquisition of fixed assets, intangible assets and other long-term assets |
8,799,600.31 |
14,844,709.66 |
| Cash paid for investments |
3,393,861,963.47 |
80,703,649.35 |
| Net cash paid for acquisition of subsidiaries and other business units |
511,200,000.00 |
1,000,000.00 |
| Other cash paid in connection with investing activities |
32,897,250,020.44 |
11,992,416,403.80 |
| Subtotal of cash outflows from investing activities |
36,811,111,584.22 |
12,088,964,762.81 |
| Net cash flows from investing activities |
-12,785,333,149.19 |
-370,976,260.04 |
| III. Cash flows from financing activities: |
|
|
| Cash received from acquisition of investments |
5,795,999,988.44 |
|
| Cash received from acquisition of borrowings |
14,219,136,088.05 |
8,050,148,497.41 |
| Other cash received in connection with financing activities |
8,282,700,000.00 |
29,916,000.00 |
| Subtotal of cash inflows from financing activities |
28,297,836,076.49 |
8,080,064,497.41 |
| Cash paid for repayment of debts |
12,657,507,096.47 |
6,741,702,897.41 |
| Cash paid for distribution of dividends and profits or payment of interest |
1,122,337,379.53 |
416,112,491.45 |
| Other cash paid in connection with financing activities |
913,409,629.71 |
472,968,246.41 |
| Subtotal of cash outflows from financing activities |
14,693,254,105.71 |
7,630,783,635.27 |
| Net cash flows from financing activities |
13,604,581,970.78 |
449,280,862.14 |
| IV. Effect of exchange rate fluctuation on cash and cash equivalents |
-24,337,091.21 |
4,804,616.18 |
| V. Net increase in cash and cash equivalents |
1,176,409,757.49 |
164,395,243.57 |
| Plus: beginning balance of cash and cash equivalents |
3,946,682,922.07 |
3,782,287,678.50 |
| VI. Ending balance of cash and cash equivalents |
5,123,092,679.56 |
3,946,682,922.07 |
7. Consolidated statement of changes in equity
Current amount
Unit: yuan
Prior amount
Unit: yuan
8. Parent company statement of changes in equity
Current amount
Unit: yuan
| Item |
2020 |
|---|
| Share capital |
Other equity instruments |
Capital reserve |
Minus: treasury shares |
Other comprehensive income |
Special reserve |
Surplus reserve |
Undistributed profits |
Others |
Total ownership interest |
|---|
| Preferred shares |
Perpetual bonds |
Others |
|---|
| I. Ending balance of the previous year |
4,216,015,009.00 |
|
|
|
4,876,984,181.01 |
611,317,618.59 |
|
|
979,184,653.16 |
2,513,563,128.07 |
|
11,974,429,352.65 |
| Plus: changes in accounting policies |
|
|
|
|
|
|
|
|
|
|
|
|
| Prior error correction |
|
|
|
|
|
|
|
|
|
|
|
|
| Others |
|
|
|
|
|
|
|
|
|
|
|
|
| II. Beginning balance of the current year |
4,216,015,009.00 |
|
|
|
4,876,984,181.01 |
611,317,618.59 |
|
|
979,184,653.16 |
2,513,563,128.07 |
|
11,974,429,352.65 |
| III. Increase or decrease in current period (decrease to be denoted by “-”) |
289,785,972.00 |
|
1,800,000,000.00 |
191,904,960.44 |
6,413,496,148.86 |
-240,347,515.20 |
|
|
71,605,363.59 |
13,884,839.47 |
|
9,021,024,799.56 |
| (I) Total comprehensive income |
|
|
|
|
|
|
|
|
|
707,053,635.91 |
|
707,053,635.91 |
| (II)Capital invested and reduced by owner |
289,785,972.00 |
|
1,800,000,000.00 |
191,904,960.44 |
6,413,496,148.86 |
-240,347,515.20 |
|
|
|
|
|
8,935,534,596.50 |
| 1. Ordinary |
289,78 |
|
|
|
6,429,26 |
-240,347 |
|
|
|
|
|
6,959,400, |
| shares invested by owners |
5,972.00 |
|
|
|
6,739.27 |
,515.20 |
|
|
|
|
|
226.47 |
| 2. Capital invested by other equity instrument holders |
|
|
1,800,000,000.00 |
191,904,960.44 |
|
|
|
|
|
|
|
1,991,904,960.44 |
| 3. Amount of share-based payment charged to ownership interest |
|
|
|
|
-15,770,590.41 |
|
|
|
|
|
|
-15,770,590.41 |
| 4. Others |
|
|
|
|
|
|
|
|
|
|
|
|
| （III） Profit distribution |
|
|
|
|
|
|
|
|
71,605,363.59 |
-693,168,796.44 |
|
-621,563,432.85 |
| 1. Surplus reserve accrued |
|
|
|
|
|
|
|
|
71,605,363.59 |
-71,605,363.59 |
|
|
| 2. Distribution to owners (or shareholders) |
|
|
|
|
|
|
|
|
|
-621,563,432.85 |
|
-621,563,432.85 |
| 3. Others |
|
|
|
|
|
|
|
|
|
|
|
|
| (IV) Internal carry-forward of ownership interest |
|
|
|
|
|
|
|
|
|
|
|
|
| 1. Capital reserve transferred to capital (or share capital) |
|
|
|
|
|
|
|
|
|
|
|
|
| 2. Surplus reserve transferred to capital (or share capital) |
|
|
|
|
|
|
|
|
|
|
|
|
| 3. Losses covered by surplus reserve |
|
|
|
|
|
|
|
|
|
|
|
|
| 4. Changes in defined benefit plan carried forward to retained earnings |
|
|
|
|
|
|
|
|
|
|
|
|
| 5. Other comprehensive income carried over to retained earnings |
|
|
|
|
|
|
|
|
|
|
|
|
| 6. Others |
|
|
|
|
|
|
|
|
|
|
|
|
| (V) Special reserve |
|
|
|
|
|
|
|
|
|
|
|
|
| 1. Accrued in the current period |
|
|
|
|
|
|
|
|
|
|
|
|
| 2. Used in the current period |
|
|
|
|
|
|
|
|
|
|
|
|
| (VI) Others |
|
|
|
|
|
|
|
|
|
|
|
|
| IV. Balance at the end of the |
4,505,800,981. |
|
1,800,000,000. |
191,904,960.4 |
11,290,480,329.8 |
370,970, |
|
|
1,050,79 |
2,527,447,967. |
|
20,995,45 |
| current period |
00 |
|
00 |
4 |
7 |
103.39 |
|
|
0,016.75 |
54 |
|
4,152.21 |
current period 00 00 4 7 103.39 0,016.75 54 4,152.21 Prior amount
Unit: yuan
| Item |
2019 |
|---|
| Share capital |
Other equity instruments |
Capital reserve |
Minus: treasury shares |
Other comprehensive income |
Special reserve |
Surplus reserve |
Undistributed profits |
Others |
Total ownership interest |
|---|
| Preferred shares |
Perpetual bonds |
Others |
|---|
| I. Ending balance of the previous year |
4,216,015,009.00 |
|
|
|
4,852,113,628.36 |
135,933,209.85 |
|
|
958,607,173.47 |
2,453,249,584.40 |
|
12,344,052,185.38 |
| Plus: changes in accounting policies |
|
|
|
|
|
|
|
|
-59,833.90 |
-538,505.08 |
|
-598,338.98 |
| Prior error correction |
|
|
|
|
|
|
|
|
|
|
|
|
| Others |
|
|
|
|
|
|
|
|
|
|
|
|
| II. Beginning balance of the current year |
4,216,015,009.00 |
|
|
|
4,852,113,628.36 |
135,933,209.85 |
|
|
958,547,339.57 |
2,452,711,079.32 |
|
12,343,453,846.40 |
| III. Increase or decrease in current period (decrease to be denoted by “-”) |
|
|
|
|
24,870,552.65 |
475,384,408.74 |
|
|
20,637,313.59 |
60,852,048.75 |
|
-369,024,493.75 |
| (I) Total comprehensive income |
|
|
|
|
|
|
77,597.50 |
|
|
205,697,199.41 |
|
205,774,796.91 |
| (II)Capital invested and reduced by owner |
|
|
|
|
24,870,552.65 |
475,384,408.74 |
|
|
|
|
|
-450,513,856.09 |
| 1. Ordinary shares invested by owners |
|
|
|
|
2,416,162.33 |
475,384,408.74 |
|
|
|
|
|
-472,968,246.41 |
| 2. Capital invested by other equity instrument holders |
|
|
|
|
|
|
|
|
|
|
|
|
| 3. Amount of share-based payment charged to ownership interest |
|
|
|
|
22,454,390.32 |
|
|
|
|
|
|
22,454,390.32 |
| 4. Others |
|
|
|
|
|
|
|
|
|
|
|
|
| （III） Profit distribution |
|
|
|
|
|
|
|
|
20,629,553.84 |
-144,914,988.41 |
|
-124,285,434.57 |
| 1. Surplus reserve accrued |
|
|
|
|
|
|
|
|
20,629,553.84 |
-20,629,553.84 |
|
|
| 2. Distribution to owners (or shareholders) |
|
|
|
|
|
|
|
|
|
-124,285,434.57 |
|
-124,285,434.57 |
| 3. Others |
|
|
|
|
|
|
|
|
|
|
|
|
| (IV) Internal carry-forward of ownership interest |
|
|
|
|
|
|
-77,597.50 |
|
7,759.75 |
69,837.75 |
|
|
| 1. Capital reserve transferred to capital (or share capital) |
|
|
|
|
|
|
|
|
|
|
|
|
| 2. Surplus reserve transferred to capital (or share capital) |
|
|
|
|
|
|
|
|
|
|
|
|
| 3. Losses covered by surplus reserve |
|
|
|
|
|
|
|
|
|
|
|
|
| 4. Changes in defined benefit plan carried forward to retained earnings |
|
|
|
|
|
|
|
|
|
|
|
|
| 5. Other comprehensive income carried over to retained earnings |
|
|
|
|
|
|
-77,597.50 |
|
7,759.75 |
69,837.75 |
|
|
| 6. Others |
|
|
|
|
|
|
|
|
|
|
|
|
| (V) Special reserve |
|
|
|
|
|
|
|
|
|
|
|
|
| 1. Accrued in the current period |
|
|
|
|
|
|
|
|
|
|
|
|
| 2. Used in the current period |
|
|
|
|
|
|
|
|
|
|
|
|
| (VI) Others |
|
|
|
|
|
|
|
|
|
|
|
|
| IV. Balance at the end of the current period |
4,216,015,009.00 |
|
|
|
4,876,984,181.01 |
611,317,618.59 |
|
|
979,184,653.16 |
2,513,563,128.07 |
|
11,974,429,352.65 |
III. Company profile
(I) Corporate history
New Hope Liuhe Co., Ltd. (formerly Sichuan New Hope Agriculture Co., Ltd.) (hereinafter, “the company” or “this company”) was incorporated on March 4, 1998 with the approval of Sichuan Provincial People's Government Chuanfuhan (1997) Document No. 260 after overall change to the former Mianyang Hope Feed Co., Ltd, with a registered capital of RMB 140,020,000.00 Yuan. On March 11 and September 15 of 1998, the company publicly issued 36,000,000 public shares to the public and 4,000,000 internal employee shares to its employees, which were respectively listed for trading on Shenzhen Stock Exchange, with the stock code: 000876. After the company’s stocks were listed, through the transfer of bonus shares in May, 2000, allotment of shares in March 2001, the transfer of bonus shares in July 2002, October 2002, June 2008 and May 2010, the implementation of the Company Equity Division Reform in August 2006, and upon the completion of material assets reorganization in October 2011 and the implementation of the profit compensation scheme for material assets reorganization in July 2014, the company's total share capital was changed to 1,729,507,365 shares.
According to the company’s extraordinary general meeting resolutions dated September 4, 2013 and the Approval of Non-public Stock Issuing of New Hope Liuhe Co., Ltd (CSRC Permit [2014] No. 565) from CSRC, the company issued privately 354,609,927 shares to five specific shareholders including South Hope Industrial Co., Ltd against capital contributions made by each shareholder in cash. This private placement was completed on August 26, 2014. Upon completion of this private placement, the company’s total share capital was changed to 2,084,117,292 shares.
According to the resolutions of the company's 2015 annual general meeting, based on the company's total share capital of 2,084,117,292 shares, the capital reserve was transferred to increase the share capital for 10 shares per shares, with related paperwork for this conversion into share capital completed on June 27, 2016, upon which the company’s total share capital was changed to 4,168,234,584 shares.
According to the resolutions of the company’s second extraordinary general meeting held on June 29, 2016, and with the approval of CSRC “CSRC Permit [2016] No. 3187”, the company changed the total share capital to 4,216,015,009 shares on January 16, 2017 with the related paperwork for acquisition of 70% equities in Yangling Besun through issue of shares and payment of cash.
According to the resolutions of the company’s 2018 annual general meeting, and with the approval of CSRC “Approval of Public Issue of Convertible Corporate Bonds by New Hope Liuhe Co., Ltd (CSRC Permit [2019] No. 1902”, the company publicly issued 40 million convertible corporate bonds each having a par value of 100 Yuan on January 3, 2020, for a total issue amount of 4.0 billion Yuan. The start and end dates of existence of the convertible bonds are January 3, 2020 and January 2, 2026, and the start and end dates of conversion into shares are July 9, 2020 and January 1, 2026. As of December 31, 2020, the share capital was increased by 111,119,860 shares by conversion of convertible bonds into shares.
According to resolutions of the 1st extraordinary general meeting 2019 of the company held on June 6, 2019, “Proposal regarding “New Hope Liuhe Co., Ltd 2019 Restricted Stock and Stock Option Incentive Plan (draft) and its Summary” was passed, whereby the company completed grant of 3.60 million shares of restricted stock to 24 incentive recipients and registration of 8.40 million stock options on July 29, 2019. On August 6, 2020, the company held the 19th meeting of its 8th board of directors and the 10th meeting of its 8th board of supervisors, deliberating and passing the “Proposal regarding the First Exercise Period /Exercise in Unlocked Period/Satisfaction of Conditions for Lifting of Sales Restrictions under 2019 Stock Option and Restricted Stock Incentive Plan”, thus increasing the share capital by 1,518,194 shares as of December 31, 2020 due to exercise of stock options.
According to the resolutions of the company’s 2019 annual general meeting, and with the approval of CSRC “Approval of Private Placement of Stocks by New Hope Liuhe Co., Ltd (CSRC Permit [2020] No. 1961”, the company privately placed 177,147,918 RMB ordinary shares to two specific shareholders of South Hope Industrial Co., Ltd and New Hope Group Co., Ltd against capital contributions by these shareholders in cash, which private placement was completed on September 18, 2020.
In 2020, the company increased its share capital by a total of 289,785,972 shares due to private placement of stocks, conversion of convertible corporate bonds and exercise of stock options, with its total share capital changed to 4,505,800,981 shares.
As of December 31, 2020, the total share capital of the company was 4,505,800,981 shares, of which 181,126,627 outstanding shares were subject to restrictions on sales and 4,324,674,354 outstanding shares subject to no restrictions on sales.
(II) Business situation
After years of development, by the end of December 2020, the company has successively had 757 directly or indirectly controlled subsidiaries, 14 affiliates and 9 joint ventures in 30 Chinese provinces, municipalities, autonomous regions and special administrative regions (including Sichuan, Yunnan, Guizhou, Beijing, Shanghai, Chongqing, Guangdong, Hainan, Hebei, Henan, Shandong, Shanxi, Jiangsu, Anhui, Zhejiang, Jiangxi, Hubei, Hunan, Shaanxi, Heilongjiang, Jilin, Liaoning, Gansu, Tibet, Inner Mongolia, Guangxi, Ningxia, Tianjin, Hong Kong, Fujian) and 16 foreign countries (including: Vietnam, Cambodia, the Philippines, Bangladesh, Indonesia, Sri Lanka, Singapore, Myanmar, Laos, Nepal, Egypt, Turkey, South Africa, Poland, India, Nigeria) through investment and incorporation and M&As, thus becoming an industry conglomerate with feed, farming, slaughtering and meat products as its core competitiveness.
(III) Address and business scope of the company, etc.
The company’s business license registration number: 91510000709151981F; Legal representative: Liu Chang; Registered address: National High-tech Industry Development Zone, Mianyang City, Sichuan Province; Headquarters’ address: No. 376, Jinshi Road, Jinjiang Industrial Park, Chengdu City, Sichuan Province.
The company's business scope: production and processing of compound feeds, concentrated feeds and concentrate supplements (by branches only) (the above business items and term of business are subject to the business license). General business items (the following scope does not include business items subject to pre-registration approval, while business items subject to post-registration approval are to be conducted by presentation of license or approval document): planting of cereals and other crops; raising of livestock; raising of pigs; poultry raising; wholesale and retail sale of goods; import and export business; project investment and management; scientific and technological exchange and promotion services.
(IV) Main products of the company
The company's main products in its feed business include pig feed, poultry feed, fish feed, etc. the main products of its swine business include breeding pigs and commercial pigs; its poultry business mainly includes breeding poultry, commercial poultry, poultry slaughter, etc.; its food business mainly includes livestock slaughter, deep processing of meat products, central kitchen, etc.
(V) Date when the financial report is approved for publication
The company’s annual financial statements of 2020 were approved by its board of directors for publication on April 28, 2021.
(VI) Scope of consolidated financial statements
As of December 31, 2020, the company had 757 subsidiaries included in the scope of its consolidated financial statements; compared with the previous year, 200 new subsidiaries were added in the scope of consolidated financial statements this year, and 16 subsidiaries were no longer included in the scope of consolidation this year. For details, please refer to the relevant contents of "Note VIII. Changes in the scope of consolidation" and "Note IX: interests in other entities’.
IV. Basis of preparation of financial statements
1. Basis of preparation
The annual financial statements 2020 of this company have been prepared on the premises of going concern, based on the accrual system and actual transactions and events and according to the “Enterprise Accounting Standards—Basic Standards” and specific accounting standards, guidelines for application of enterprise accounting standards, interpretation of enterprise accounting standards and other related provisions promulgated by the Ministry of Finance (hereinafter collectively “Enterprise Accounting Standards”), as well as the disclosure rules set forth in the “Rules of Information Disclosure Preparation and Presentation of Companies Issuing Securities Publicly No. 15—General Provisions for Financial Reporting” issued by CSRC.
2. Going concern
These financial statements have been prepared on the basis of going concern. The company has the ability as a going concern at least within 12 months of the end of the reporting period, free of any significant events that affect its ability as a going concern.
V. Important accounting policies and accounting estimates
Reminder about specific accounting policies and accounting estimates:
Based on the practical production and operation characteristics, the company has formulated specific accounting policies and accounting estimates for provisioning for bad debts of receivables, inventory valuation methods, measurement of biological assets, depreciation of fixed assets, revenue recognition and other transactions and events, as detailed in this Note V “(10) Financial instruments, (11) Inventories, (17) Fixed assets, (20) biological assets, (21) Intangible assets, (31) revenue”. The indicative description of important accounting judgments and estimates made by the company when applying its accounting policies is detailed in “Note V.(37) Important accounting judgments and estimates”.
1. Statement of compliance with enterprise accounting standards
The annual financial statements of 2020 prepared by the company comply with the requirements of enterprise accounting standards and reflect truly and completely the financial condition as of December 31, 2020 and business results and cash flow of the company in 2020. In addition, the company's financial statements in all material aspects comply with the disclosure requirements related to financial statements and their notes as set forth in the “Rules of Information Disclosure Preparation of Companies Issuing Securities Publicly No. 15—General Provisions for Financial Reporting” revised by CSRC.
2. Accounting period
The company's accounting period is divided into annual period and interim period; the accounting year begins on January 1 and ends on December 31 in the Gregorian calendar, and the accounting interim period refers to a reporting period shorter than one full accounting year.
3. Operating cycle
The company treats a period from acquisition of assets used for processing to realization of cash or cash equivalents as a normal operating cycle, and the operating cycle of each business segment of the company is shorter than 12 months; the company uses 12 months as a criterion for classification of liquidity of assets and liabilities.
4. Accounting currency
The company and its domestic subsidiaries use RMB as accounting currency; its overseas subsidiaries use currencies in the primary economic environments in which they operate as accounting currencies, and overseas subsidiaries need to prepare financial statements in accounting currencies and financial statements converted into RMB.
5. Accounting treatment method for business combinations under common control and not under common control
(1) Business combinations under common control
A business combination in which companies participating in combination are all ultimately controlled by the same one or more parties before and after combination and such control is not temporary is a business combination under common control. Assets and liabilities acquired by the combing party in a business combination are measured at book value thereof in the consolidated financial statements of the ultimate controlling party at the combination date. The share capital premium in the capital reserve is adjusted by the difference between the book value of net assets acquired and the book value of combination consideration paid (or total par value of shares issued); the retained earnings are adjusted if the share capital premium in capital reserve is insufficient for offsetting. The combination date is the date when the combining party actually acquires the control of the combined party.
(2) Business combinations not under common control
A business combination in which all parties participating in combination are not ultimately controlled by the same one or more parties before and after combination is a business combination not under common control. The sum of assets paid out by the acquiring party to acquire the control of the acquired party (including equities held in the acquired party before the purchase date), liabilities incurred or assumed and fair value of equity securities issued at the purchase date minus the share of identifiable net assets of the acquired party at the purchase date that are acquired in combination is recognized as goodwill if positive or charged to the current non-business revenue if negative. The purchase date is the date when the acquiring party actually acquires the control of the acquired party.
For a business combination not under common control that is realized step by step through multiple transactions, equities of the acquired party held prior to the purchase date are re-measured at the fair value of such equities as of the purchase date, and the difference between fair value and their book value is charged to the current investment income。 Other comprehensive income involved in equities of the acquired party held prior to the purchase date and accounted for under the equity method and subsequently re-classifiable to profit and loss and other changes in ownership interest are transferred to the current investment income at the purchase date; where the equities held in the acquired party prior to the purchase date are equity instrument investments at fair value through other comprehensive income, other comprehensive income recognized before the purchase date is transferred to the retained earnings at the purchase date.
（3） Treatment of related transaction costs in business combination
The audit, legal service, appraisal consulting and other intermediary fees and other related management expenses incurred by the company for business combination are charged to the current profit and loss as and when incurred. The transaction costs of equity securities or debt securities issued by the company as the consideration for combination are charged to the initially recognized amount of the equity securities or debt securities.
6. Method for preparation of consolidated financial statements
(1) General principles
The scope of consolidation of consolidated financial statements is determined based on control, including the company and subsidiaries controlled by the company. Control means the company has the power over the investee to enjoy variable return by participating in the related activities of the investee and has the ability to exert its power over the investee to influence the amount of its return. The company begins to include a subsidiary in the scope of consolidation as of the date when the company acquires the actual control of the subsidiary; the company ceases to include the subsidiary in the scope of consolidation as of the date of loss of the actual control.
The equities, profit and loss and total comprehensive income attributable to minority shareholders of subsidiaries are separately presented in the shareholder equities of the consolidated balance sheet and after the items of net profits and total comprehensive income on the consolidated income statement respectively. If the current loss shared by minority shareholders of a subsidiary exceeds the share of minority shareholders in the beginning ownership interest of the subsidiary, its balance is still offset against the minority interests.
When the accounting policy or accounting period adopted by any of its subsidiaries is inconsistent with that adopted by the company, necessary adjustments have been made to the financial statements of such subsidiary according to the company’s accounting policy or accounting period at the time of combination. All significant internal transactions, internal current accounts and unrealized profit and loss on internal transactions within the scope of consolidation have been offset when preparing the consolidated financial statements.
(2) Acquisition of subsidiaries by combination
For a subsidiary acquired through business combination under common control, when preparing the consolidated current financial statements, based on the book value of all assets and liabilities of the combined subsidiary in the financial statements of the ultimate controlling party, the combined subsidiary is treated as if it has been included in the scope of consolidation of the company when the ultimate controlling party of the company begins exercising control over it, and corresponding adjustments are made to the beginning amounts of the consolidated financial statements and previous comparative statements.
For a subsidiary acquired through business combination not under common control, when preparing the consolidated current financial statements, based on the fair value of various identifiable assets and liabilities of the acquired subsidiary as determined at the purchase date, the acquired subsidiary is included in the scope of consolidation of the company as of the purchase date.
(3) Disposal of subsidiaries
When the company loses its control over an existing subsidiary, the resulting gains or losses from disposal are charged to the investment income in the period during which the control is lost. Where the control over an existing subsidiary is lost due to disposal of part of equity investment or otherwise, in the consolidated financial statements, the remaining equities are re-measured at the fair value thereof at the date of loss of control; the sum of the consideration acquired by disposal of equities and the fair value of remaining equities minus the share of the net assets continuously calculated by the existing subsidiary from the date of purchase as calculated at the original shareholding ratio and goodwill is charged to the investment income during the period in which the control is lost. Moreover, other comprehensive income and etc. related to the equity investment in the existing subsidiary are charged to the current investment income at the time of loss of control, except for other comprehensive income resulting from changes in net liabilities or net assets of the defined benefit plan re-measured by such existing subsidiary.
Where the company disposes of its equity investment in a subsidiary step by step through multiple transactions until loss of control, distinction needs to be made as to whether all such transactions constitute a package deal.
①These transactions are entered into simultaneously or taking into account the mutual effect;
②These transactions can only achieve a complete commercial result if made together;
③The occurrence of a particular transaction depends upon occurrence of at least one other transaction;
④A particular transaction is uneconomical if looked at individually, but is economical if considered together with other transactions.
Where various transactions do not constitute a package deal, each of the transactions before loss of control over the subsidiary is treated for accounting purpose according to the applicable principles described in the “Partial disposal of equity investments in a subsidiary without loss of control’（as detailed in “Note V.6(4)）.
Where various transactions constitute a package deal, the various transactions are accounted for as a single transaction of disposal of subsidiary and loss of control; however, the difference between each disposal price before loss of control and the share of net assets of such subsidiary corresponding to disposal of investment as continuously calculated as from the purchase date is charged to other comprehensive income in the consolidated financial statements, and transferred to the profit and loss in the period of loss of control all together at the time of loss of control.
(4) Changes in minority interest
The capital reserve in the consolidated financial statements is adjusted by both the difference between the long-term equity investment newly acquired by the company due to purchase of minority interest and the share of net assets of the subsidiary as calculated at the newly-added shareholding ratio and the difference between the disposal price acquired from partial disposal of equity investments in subsidiaries without loss of control and the share of net assets of the subsidiaries corresponding to disposal of long-term equity investments, with the retained earnings to be adjusted if the capital reserve is sufficient for offsetting purposes.
7. Classification of joint venture arrangements and accounting treatment method for joint operation
Joint venture arrangement refers to an arrangement in which two or more participating parties share the control. The joint venture arrangements of the company consist of joint operation and joint venture according to the rights enjoyed and obligations assumed in the joint venture arrangements. Joint operation refers to a joint venture arrangement in which the company enjoys the assets related to such arrangement and assumes the liabilities related to such arrangement. Joint venture refers to the joint venture arrangement in which the company only has the right to the net assets of such arrangement.
As a party to joint operation, the recognizes assets separately held and liability separately assumed by the company and assets held jointly and liabilities assumed jointly by the company according to its share; recognizes the income from joint operation due to sale of products according to the company’s share; recognizes the expenses incurred separately by the company and recognizes the expenses incurred by joint operation according to the company’s share.
The investments of the company in joint venture are accounted for using the equity method and treated according to “Note V. 15: Long-term equity investments” for accounting purposes.
8. Criteria for determination of cash and cash equivalents
The cash and cash equivalents of the company consist of the cash on hand, deposits readily available for payment and investments held by the company that have a short term(generally due within 3 months of the purchase date), are highly liquid and easy to convert into a known amount of cash and have minimum risk of value change.
9. Foreign currency transactions and foreign currency statement translation
(1)Foreign currency transactions
The company converts the foreign currency transactions from foreign-currency amount into amount in functional currency at the spot exchange rate on the date of transaction, but the foreign exchange transactions or transactions involving foreign exchange that are incurred by the company are converted into amounts in accounting currency at the exchange rate actually used.
At the balance sheet date, the foreign-currency monetary items are converted at the spot exchange rate at the balance sheet date, with the resulting exchange difference generally charged to the current profit and loss, except that:
①the exchange difference resulting from foreign-currency special borrowings related to acquisition of assets that meet the capitalization conditions is treated according to the principles for capitalization of borrowing costs; ② the exchange difference from hedging instruments used for effective hedging of net investments in overseas operations is charged to other comprehensive income and will not be recognized as current profit and loss until disposal of the net investments; ③ the exchange difference resulting from changes in book balances of foreign-currency monetary items available for sale other than amortized costs is charged to other comprehensive income.
Foreign-currency non-monetary items measured at historical cost are still measured at the amount in accounting currency converted at the spot exchange rate when the transaction occurs. Foreign-currency non-monetary items measured at fair value are converted at the spot exchange rate at the date of determination of fair value, with the difference charged to the current profit and loss or other comprehensive income.
(2) Translation of foreign currency financial statements
When preparation of consolidated financial statements involves overseas operations, if there are foreign-currency monetary items that substantially constitute net investments in overseas operations, the exchange difference resulting from changes in exchange rate is recognized as other comprehensive income as the “foreign currency statement translation difference”; when disposing of
overseas operations, such exchange different is charged to the current profit and loss from disposal.
The method for foreign currency statement translation of overseas operations is as follows:
①The items of assets and liabilities in the balance sheet are converted at the spot exchange rate at the date of balance sheet; all items of ownership interest other than the item of “undistributed profits” are converted at the spot exchange rate when incurred, and the item of “undistributed profits” is calculated and presented according to items of net profits and profit distribution; the difference in total amount of items of assets, liabilities and ownership interest after conversion is recognized as other comprehensive income, after being treated as the foreign currency statement translation difference. When an overseas operation is disposed of and the control thereof is lost, the foreign currency statement translation difference presented under the item of other comprehensive income in the balance sheet and related to such overseas operation is transferred to the current profit and loss from disposal in entirety or according to the ratio of such overseas operation disposed of.
②The items of income, cost and expense and others in the income statement are converted at the exchange rate appropriate to the spot exchange rate when the transaction occurs.
③The items in the cash flow statement that reflect the incurred amounts are converted t the exchange rate appropriate to the spot exchange rate when the transaction occurs, with the effects of exchange rate changes on cash presented separately in the cash flow statement.
10. Financial instruments
Financial instruments refer to the instruments that form financial assets of a party and form the financial liabilities or equities of other parties.
(1) Classification of financial instruments
Financial instruments include financial assets and financial liabilities, consisting of cash at bank and on hand, debt investments, equity investments other than long-term equity investments, receivables, payables, borrowings, bonds payable and share capital, etc.
(2) Recognition and initial measurement of financial assets and financial liabilities
The company recognizes financial assets and financial liabilities in the balance sheet when it becomes a party to the related financial instrument contract terms.
All financial assets and financial liabilities are measured at fair value at the time of initial recognition, except for accounts receivable that don’t have significant financing component. For financial assets or financial liabilities at fair value through profit or loss, related transaction costs are directly charged to the current profit and loss; for other types of financial assets or financial liabilities, related transaction costs are charged to the initially recognized amounts. Accounts receivable that have significant financing component are initially measured by the company at the transaction price determined according to the accounting policies contained in Note V（31）.
(3) Classification and subsequent measurement of financial assets
①Classification of financial assets
The company generally classifies financial assets into different types at the time of initial recognition according to the business model for management of financial assets and the contractual cash flow characteristics of financial assets: financial assets measured at amortized cost, financial assets measured at fair value through other comprehensive income and financial assets at fair value through profit or loss.
Unless the company changes its business model for management of financial assets, in which case all related financial assets affected are reclassified the first day during the first reporting period after the change in the business model, financial assets may not be reclassified after initial recognition.
The company classifies a financial asset that meets all of the following conditions at the same time and is not designated as at fair value through profit and loss as a financial asset measured at amortized cost.
A. The business model of the company for management of such financial asset aims at receiving contractual cash flow;
B. The contractual terms of such financial asset provide that the cash flow arising on a particular date consists solely of payment of principal and interest based on outstanding principal amount.
The company classifies a financial asset that meets all of the following conditions at the same time and is not designated as at fair value through profit and loss as a financial asset measured at fair value through other comprehensive income:
A. The business model of the company for management of such financial asset aims at both receiving contractual cash flow and selling such financial asset;
B. The contractual terms of such financial asset provide that the cash flow arising on a particular date consists solely of payment of principal and interest based on outstanding principal amount.
For equity instrument investments held not for trading, the company may irrevocably designate them as financial assets at fair value through other comprehensive income at the time of initial recognition. Such designation is made on the basis of individual investments and the related investments meet the definition of equity instrument from the perspective of issuer.
Apart from the aforesaid financial assets measured at amortized cost and financial assets at fair value through other comprehensive income, the company classifies all financial assets as financial assets at fair value through profit and loss. At the time of initial recognition, if the accounting mismatch can be eliminated or significantly reduced, the company may irrevocably designate financial assets that would otherwise be measured at amortized cost or financial assets that would otherwise be at fair value through other comprehensive income as financial assets at fair value through profit and loss.
The business model for management of financial assets refers to how the company manages the financial assets in order to generate cash flow. The business model determines whether the source of cash flow from financial assets managed by the company is receiving contractual cash flow or selling financial assets or both. The company determines its business model for management of financial assets pursuant to objective facts and based on the specific business objectives determined by the key management personnel for management of financial assets.
The company assesses the contractual cash flow characteristics of financial asses in order to determine whether the contractual cash flow from related financial assets at a particular date consists solely of payment of principal and interest based on outstanding principal amount. Of them, the principal refers to the fair value of a financial asset at the time of initial recognition; interest includes the time value of currency, the credit risk associated with outstanding principal amount during a specific period and the consideration for other basic loan risks, costs and profits. In addition, the company assesses the contractual terms that might result in changes to the time distribution or amount of contractual cash flow from a financial asset in order to determine whether it meets the requirements of the aforesaid contractual cash flow characteristics.
②Subsequent measurement of financial assets
A. Financial assets at fair value though profit or loss
After the initial recognition, such financial assets are subsequently measured at fair value and the resulting gains or losses (including interest and dividend revenue) are charged to the current profit and loss, unless such financial assets are part of hedging relationship.
B. Financial assets measured at amortized cost
After the initial recognition, such financial assets are measured at amortized cost using the effective interest rate method. The gains or losses resulting from a financial asset that is measured at amortized cost and is not part of any hedging relationship are charged to the current profit and loss when derecognized, amortized according to effective interest rate method or recognized with respect to impairment.
C. Debt investments at fair value through other comprehensive income
After the initial recognition, such financial assets are subsequently measured at fair value. The interest, impairment loss or gain and exchange gain or loss calculated using the effective interest rate method are charged to the current profit and loss, with other gains or losses charged to other comprehensive income. At the time of de-recognition, the accumulated gains or losses previously charged to other comprehensive income are transferred out of other comprehensive income and charged to the current profit and loss.
D. Equity instrument investments at fair value through other comprehensive income
After the initial recognition, such financial assets are subsequently measured at fair value. The dividend revenue is charged to profit and loss, and other gains or losses are charged to other comprehensive income. At the time of de-recognition, the accumulated gains or losses previously charged to other comprehensive income are transferred out of other comprehensive income and charged to the retained earnings.
(4) Classification and subsequent measurement of financial liabilities
The company classifies financial liabilities into financial liabilities at fair value through profit or loss and financial liabilities measured at amortized cost.
①Financial liabilities at fair value through profit or loss
Such financial liabilities include financial liabilities held for trading (including derivative instruments that are financial liabilities) and financial liabilities designated as at fair value through profit or loss.
After the initial recognition, such financial liabilities are subsequently measured at fair value, and the resulting gains or losses (including interest expense) except otherwise related to hedge accounting are charged to the current profit and loss.
②Financial liabilities measured at amortized cost
After the initial recognition, such financial liabilities are measured at amortized cost using the effective interest rate method.
（5）Offset of financial assets and financial liabilities
Financial assets and financial liabilities are presented in the balance sheet respectively, without mutual offset. However, where all of the following conditions are met at the same time, financial assets and financial liabilities are presented in the balance sheet at the net amount after mutual offset. .
①The company has the legal right to offset the recognized amounts and such legal right is currently enforceable;
②The company plans to make netting settlement or realize such financial assets and repay such financial liabilities at the same time.
(6) De-recognition of financial assets and financial liabilities
Such financial asset is derecognized when one of the following conditions is met:
①The contractual right to receive the cash flow from such financial asset terminates;
②Such financial asset has been transferred and almost all risk and reward on the ownership of such financial asset has been transferred by the company to the transferee,
③Such financial asset has been transferred and the company has waived the control of such financial asset although the company has not transferred or retained almost all risk and reward on the ownership of the financial asset.
When the transfer of a financial asset fully meets the conditions for de-recognition, the company charges the difference between the following two amounts to the current profit and loss:
①The book value of the financial asset being transferred at the date of de-recognition;
②The sum of consideration received due to transfer of financial asset and the amount in the accumulated amount of fair value change previously directly charged to the other comprehensive income that corresponds to the derecognized portion (if the financial assets involved in transfer are debt investments at fair value through other comprehensive income).
When the present obligations for a financial liability (or a part of it) have been released, the company derecognizes such financial liability (or such part of financial liability).
（7）Impairment of financial assets
①The company conducts impairment accounting treatment and recognizes loss provisions for the following items based on expected credit loss:
A. Financial assets measured at amortized cost;
B Contract assets;
C. Debt investments at fair value through other comprehensive income;
D. Lease receivables
Other financial assets measured at fair value in the company’s possession are not applicable to the expected credit loss model, including debt investments or equity instrument investments at fair value through profit or loss, equity instrument investments designated as at fair value through other comprehensive income, and derivative financial assets.
②Measurement of expected credit loss
Expected credit loss refers to the weighted average of credit loss from financial instruments with the risk of default as weight. Credit loss refers to the difference between all contractual cash flows of the company discounted by the original actual interest rate and receivable according to contract and all cash flows expected to be received, i.e., the present value of all cash shortfalls.
When measuring the expected credit loss, the longest period that the company needs to consider is the longest term of contract with respect to which the company faces credit risk (including considering the renewal option). Expected credit loss during the entire duration refers to the expected credit loss resulting from any and all possible events of default during the entire expected duration of financial instruments. Expected credit loss within the next 12 months refers to the expected credit loss resulting from possible events of default under financial instruments within 12 months after the date of balance sheet (or the expected duration, if the expected duration of financial instrument is less than 12 months), which is part of the expected credit loss during the entire duration.
For accounts receivable, lease receivables and contract assets, the company always measures their loss provision at the amount equivalent to the expected credit loss during the entire duration. The company calculates the expected credit loss from the aforesaid financial assets based on the historical credit loss experience and using the provision matrix, with related historical experience adjusted based on the specific factors of borrower at the balance sheet date and the assessment of current situation and forecast future economic condition.
Except for accounts receivable, lease receivables and contract assets, the company measures the loss provision for the financial instruments that meet one of the following circumstances at the amount equivalent to expected credit loss within the next 12 months, and measures the loss provision for other financial instruments at the amount equivalent to expected credit loss during the entire duration:
A. Such financial instrument only has a relatively low credit risk at the balance sheet date;
B. The credit risk of such financial instrument has not significantly increased since the initial recognition.
Having a relatively low credit risk; If the default risk of a financial instrument is relatively low, the borrower is highly able to perform its contractual cash flow obligations in short term and the ability of the borrower to perform its contractual cash flow obligations is not necessarily reduced even if there are adverse changes to the economic situation and operating environment in a relatively long period, such financial instrument is considered as having a relatively low credit risk.
Significant increase in credit risk: The company determines the relative changes in default risk during the expected duration of a financial instrument by comparing the default risk of the financial instrument at the balance sheet date and the default risk at the date of initial recognition, in order to assess whether the credit risk of the financial instrument has been significantly increased.
When determining whether the credit risk has been significantly increased, the company considers reasonable and well-founded information readily available without incurring unnecessary additional costs or efforts, including forward-looking information. The information considered by the company includes:
A. The circumstances in which the debtor fails to pay the principal and interest by the expiry date of contract;
B. Severe deteriorations of external or internal credit ratings of the financial instrument (if any) that have occurred or are expected;
C. Severe deterioration of the business results of the debtor that have occurred or are expected;
D. Existing or expected changes to the technology, market, economic or legal environment that have material adverse effect on the debtor’s ability to make repayments to this company.
According to the nature of a financial instrument, the company assesses whether the credit risk has been significantly increased based on individual financial instruments or financial instrument portfolio. When assessing based on financial instrument portfolio, the company may classify financial instruments based on the common credit risk characteristics.
③Financial assets with respect to which credit impairment has occurred
The company assesses whether the financial assets measured at amortized cost and debt investments at fair value through other comprehensive income have incurred credit impairment at the balance sheet date. When one or several events that have adverse effect on the expected future cash flow of a financial asset occur, such financial asset becomes a financial asset with respect to which credit impairment has occurred. The evidence that a financial asset has incurred credit impairment includes the following observable information:
A. The issuer or debtor is experiencing significant financial difficulties;
B. The debtor has violated a contract, such as default or delinquent in repayment of interest or principal;
C. The company gives the debtor concessions that would otherwise not be made in any circumstances out of consideration for economy or contract related to the financial difficulties of the debtor;
D. The debtor is highly likely to go bankrupt or conduct other financial reorganization;
E. The financial difficulties of the issuer or debtor have resulted in disappearance of active markets for such financial asset.
④Presentation of provision for expected credit loss
To reflect the changes in credit risk of a financial instrument since its initial recognition, the company re-measures the expected credit loss at each balance sheet date, as a result of which the increased or reversed amount of loss provision is charged to the current profit and loss as impairment loss or gain. For a financial asset measured at amortized cost, the loss provision is credited against the book value of such financial asset indicated in the balance sheet; for a debt investment that is measured at fair value and whose changes are charged to other comprehensive income, the company recognizes its loss provision in other comprehensive income, without charging against the book value of such financial asset.
⑤Write-off
If the company no longer reasonably expects that the contractual cash flow of a financial asset can be recovered in full or in part, the company directly writes down the book balance of such financial asset. Such write-down constitutes de-recognition of related financial assets. Such circumstance usually arises when the company determines the debtor has no asset or income source that can generate sufficient cash flow to repay the written-down amount. However, the written-down financial asset might still be affected by the enforcement activities related to collection of amounts due by the company.
The written-down financial asset that is subsequently recovered is charged to the profit or loss in the period of recovery as the reversal of impairment loss.
（8） Equity instruments
The consideration received by the company from issue of equity instruments is charged to the shareholder equity after deduction of the transaction costs. The shareholder equity is reduced by the consideration and transaction costs paid to repurchase the equity instruments of the company.
When repurchasing the shares in the company, the shares repurchased are managed as treasury shares and any and all expenses incurred to repurchase shares are transferred to the costs of treasury shares, while the same are registered at the same time for future reference. Treasury shares do not participate in profit distribution and are presented as the item of allowance for shareholder equity in the balance sheet.
When cancelling treasury shares, the share capital is reduced by the total nominal value of cancelled stock, and the portion of the costs of treasury shares in excess of the total nominal value is charged against the capital reserve (share capital premium), surplus reserve and undistributed profits in succession; where the costs of treasury shares are lower than the total nominal value, the capital reserve (share capital premium) is increased by the portion lower than the total nominal value.
When transferring treasury shares, the capital reserve (share capital premium) is increased by the portion of the transfer income in excess of the costs of treasury shares; the portion lower than the costs of treasury shares is charged against the capital reserve (share capital premium), surplus reserve and undistributed profits in succession.
(9) Convertible instruments
①Convertible instruments containing equity component
For convertible instruments issued by the company that are convertible into equity shares and with respect to which the number of shares issued and the amount of consideration at the time of conversion are fixed, the company treat them as compound instruments containing liability and equity components.
At the time of initial recognition, the company splits related liability and equity components and first determines the fair value of the liability component (including fair value of non-equity embedded derivative instruments that might be contained) and then deduct the fair value of liability component from the fair value of compound instrument and charges results to equities as the value of equity component. The transaction costs incurred to issue compound instruments are allocated between the liability component and equity component according to respective ratios of the total issue price.
After the initial recognition, the liability component not designated as at fair value through profit or loss is measured at amortized cost using the effective interest rate method. The equity component is no longer measured after initial measurement.
When converting a convertible instrument, the company transfers the liability component and equity component to related accounts of equities. When a convertible instrument is redeemed, the price paid for redemption and transaction costs incurred are allocated to the equity and liability components. The method for allocating the price and transaction costs is consistent with the allocation method adopted when this instrument is issued. After allocating the price and transaction costs, their difference with the book value of equity and liability components is charged to equities if related to equity component or charged to profit and loss if related to liability component.
②Other convertible instruments containing no equity component
For other convertible instruments issued by the company and containing no equity component, at the time of initial recognition, the derivative instrument component of the convertible instrument is measured at fair value and the remaining part is treated as the initially recognized amount of principal debt instrument.
After initial recognition, the derivative instrument component is measured at fair value and the gains or losses resulting from change in fair value are charged to current profit and loss. The principal debt instruments are measured at amortized cost using the effective interest rate method.
When converting a convertible instrument, the company transfers the principal debt instrument and derivative instrument component to the accounts related to equities. When a convertible instrument is redeemed, the difference between the price paid for redemption and the book value of the principal debt instrument and derivative instrument component is charged to the profit and loss. t
(10) Preferred shares and perpetual bonds
The company, based on the contractual terms of preferred shares and perpetual bonds issued and the economic substance reflected by them and in light of the definitions of financial assets, financial liabilities and equity instruments, classifies these financial instruments or their components into financial assets, financial liabilities or equity instruments at the time of initial recognition.
The company treats preferred shares and perpetual bonds issued by it and containing both equity component and liability component according to the same accounting policies as convertible instruments containing equity component. The company treats preferred shares and perpetual bonds issued by it and containing no equity component according to the same accounting policies as other convertible instruments containing no equity component.
The company charges preferred shares and perpetual bonds issued by it and classifiable as equity instruments to equities at the amount actually received. Where dividends or interest are distributed during the period of existence, they are treated as profit distribution. Where preferred shares and perpetual bonds are redeemed according to contractual terms, they are charged against equities at the redemption price.
11. Inventories
The company is required to comply with the disclosure requirements set forth in “Shenzhen Stock Exchange Industry Information Disclosure Guideline No. 1—Listed Companies engaged in Livestock and Poultry and Aquaculture-related Businesses”.
（1）Classification of inventories
Inventories are classified into raw materials, packaging materials, products in progress, merchandises in stock, low-value consumables, goods shipped, outsourced processed supplies, consumptive biological assets and revolving materials.
The specific accounting policy for consumptive biological assets is detailed in “Note V (20) biological assets”.
（2）Inventory costs and valuation method for inventories shipped:
Inventories are initially measured at the actual cost at the time of acquisition. Inventory costs include purchase cost, processing cost and other expenditures incurred to bring the inventories to the current location and state. For inventories shipped, costs are carried over using the one-off weighted average method at the end of month.
(3)Basis of determination of net realizable value of inventory and method for accrual of inventory revaluation reserve
At the end of period, when the inventory cost is lower than the net realizable value, the inventory is measured at cost; when the inventory cost is higher than the net realizable value, the inventory is measured at net realizable value, and the inventory revaluation reserve accrues by the difference of the cost over the net realizable value and is charged to the current profit and loss. The net realizable value refers to the amount of the estimated selling price of inventory minus the costs estimated to incur up to the time of completion, the estimated selling costs and related taxes and charges in the daily activities.
For inventories that are numerous and have a low unit price, the inventory revaluation reserve accrues by the inventory type. For inventories having the same or similar end use or purpose and related to the product series produced and distributed in the same area and difficult to valuate separately from other items of such product series, the inventory deprecation reserve accrues on a consolidated basis; for other inventories, the inventory revaluation reserve accrues by the difference the cost of individual inventory item in excess of its net realizable value.
At the balance sheet date, if the factors affecting the previously written-down inventory value have disappeared, the written-down amount is restored and reversed to the extent of amount of previously accrued inventory revaluation reserve, with the reversed amount charged to the current profit and loss.
（4）Inventory system
The inventory follows the perpetual inventory system.
（5）Amortization method for low-value consumables and packaging materials
Low-value consumables and packaging materials are amortized using the one-off amortization method when requisitioned. Revolving materials that have large sums and a relatively long service life are amortized using the stage-wise average amortization method.
12. Contract assets
In the contracts between the company and its customers, the company has the right to collect contract prices for goods transferred and related services provided to customers, while assuming the performance obligation to transfer the goods or services to customers.
The right of the company to collect consideration for goods or services transferred to its customers (and such right depends upon factors other than elapse of time) is presented as contract asset and impairment of contract asset accrues based on the expected credit loss. The right of the company to unconditionally (only dependent upon elapse of time) collect consideration from customers is presented as receivables.
The obligation of the company to transfer goods or services to customers for consideration received or receivable from its customers is presented as contract liability. When the company performs its obligation to transfer goods or provide services to customers, the contract liability is recognized as revenue.
The company presents contract assets and contract liabilities under the same contract as a net amount after mutually offsetting them.
13. Contract cost
（1）Categories and recognition of contract cost
Contract cost includes the incremental cost incurred to acquire contracts and contract performance cost.
The incremental cost incurred to acquire contracts refers to the cost that the company would not incur if the contracts are not acquired (such as sales commission, etc). If such cost is expected to be recovered, the company recognizes it an asset by treating it as contract acquisition cost. Other expenditures incurred by the company to acquire a contract other than the incremental cost expected to be recovered are charged to the current profit and loss as and when incurred.
Where the cost incurred to perform a contract that is outside the scope of inventories or otherwise not subject to other enterprise accounting standards and meets all of the following conditions, the company recognizes it as an asset by treating it as contract performance cost:
①Such cost is directly related to a contract currently acquired or expected to be acquired, including direct labor, direct materials, manufacturing costs (or similar costs), costs specified to be borne by customers and other costs incurred solely due to such contract; ②Such cost has increased the resources to be used by the company for performing its performance obligations in the future; ③Such cost is expected to be recovered.
（2） Amortization and impairment of contract cost
The assets for which contract acquisition cost is recognized and the assets for which contract performance cost is recognized (hereinafter, “assets related to contract cost”) are amortized on the same basis as recognition of revenue from goods or services related to such assets and charged to the current profit and loss. They are charged to current profit and loss as and when incurred if the amortization period is no more than one year.
When the book value of an asset related to contract cost is higher than the difference between the following two items, the company makes impairment provision for the excess portion and recognizes it as asset impairment loss:
①The remaining consideration that the company expects to receive due to transfer of goods or services related to such asset; ②The cost estimated to be incurred to transfer such related goods or services.
After making the impairment provision, if the factors of impairment in the previous period changed such that the aforesaid difference of the ① minus ② is higher than the book value of such asset, the asset impairment provision previously made is reversed and charged to the current profit and loss, provided that the book value of the asset after reversal shall not exceed the book value of such asset at the reversal date should the impairment provision not have been made.
14. Assets held for sale
(1) Held for sale
When the company recovers the book value a noncurrent asset or disposal group mainly by selling rather than continuously using it, such noncurrent asset or disposal group is classified as held for sale.
Disposal group refers to a group of assets that are disposed of through sale or otherwise as a whole in a single transaction, and the liabilities transferred in such transaction that re directly related to these assets.
The company classifies a noncurrent asset or disposal group that meets both of the following conditions as held-for-sale category:
When the company recovers the book value a noncurrent asset or disposal group mainly by selling rather than continuously using it, such noncurrent asset or disposal group is classified as held for sale.
(1) Such noncurrent asset or disposal group is readily available for sale under the current conditions according to the customary practices of sale of such type of assets or disposal groups in similar transactions;
(2) The sale is highly likely to occur, i.e., the company has made a resolution on a sale plan, has executed legally binding purchase agreement with other parties and expects that the sale will be completed within a year.
The company initially and subsequently measures noncurrent assets or disposal groups held for sale at the book value and the net amount of fair value minus the selling costs, whichever is lower, and recognizes the difference of book value higher than the net amount of fair value minus selling costs as the asset impairment loss and charges it to the current profit and loss.
(2) Discontinued operations
The company defines a component that meets one of the following conditions and can be separately distinguished and has been disposed of or classified as held for sale by the company as discontinued operation:
①Such component represents an independent main business or a separate main operating region;
②Such component is part of a related plan for proposed disposal of an independent main business or a separate main operating region;
③Such component is a subsidiary acquired specifically for resale.
For currently presented discontinued operations, the company presents profit and loss from continuous operations and profit and loss from discontinued operations respectively in the current income statement, and presents information previously presented as profit and loss from continuous operations in the income statement of comparative period as profit and loss from discontinued operations during the comparable accounting period again.
15. Long-term equity investments
Long-term equity investments refer to equity investments that have control, common control or significant influence over the investee, including investments in subsidiaries, affiliates and joint ventures. The equity investments whereby the company has no control, common control or significant influence over the investee are accounted for as financial assets available for sale or financial assets at fair value through profit or loss, with respect to which the accounting policies are detailed in “Note V. (10) Financial instruments”.
(1) Judgment criteria for common control and significant influence
Common control refers to the control shared by the company over a particular arrangement according to applicable covenants, provided that the related activities under such arrangement may not be decided without the unanimous consent of participants sharing the control. Judging whether there is common control disregards the protective rights enjoyed by a participating party. Where the company and other joint venture parties jointly exert common control over the investee and enjoy the right to the net assets of the investee, the investee is deemed a joint venture of the company.
Significant influence refers to the power to participate in decision making regarding the financial and business policies of an enterprise, but not enough to control or jointly control the formulation of these policies with other parties. Where the company is able to exert significant influence on the investee, the investee is deemed an affiliate of the company. When the company directly or indirectly through subsidiaries holds more than 20% (inclusive) but less than 50% of the voting shares in the investee, the company is generally considered as having significant influence over the investee, unless there is conclusive evidence hat the company cannot participate in the production and business decisions of the investee. When the company holds less than 20% of the voting shares in the investee, but one or several of the following circumstances exist, the company will give overall consideration to all facts and circumstances and make judgments about whether it has significant influence or not:
①The representation of the company on the board of directors or similar governing body of the investee;
②Participation in the financial and business policy making process of the investee;
③Material transactions between the company and the investee;
④Assignment of managers to the investee;
⑤Provision of key technical data to the investee.
（2）Determination of initial investment cost
①Long-term equity investment resulting from business combination
For a long-term equity investment resulting from business combination under common control, the share of the book value of ownership interest of the combined party in the consolidated financial statements of the ultimate controlling party at the date of combination is treated as the initial investment cost of the long-term equity investment. The share capital premium in the capital reserve is adjusted by the difference between the initial investment cost of a long-term equity investment and the book value of consideration paid; the retained earnings are adjusted if the share capital premium in the capital reserve is insufficient for offsetting purposes.
For a long-term equity investment resulting from business combination not under common control, the fair values of assets paid out, liabilities incurred or assumed and equity securities issued by the company to acquire the control over the acquired party at the purchase date is treated as the initial investment cost of such investment.
②Long-term equity investments acquired by otherwise than business combination
With respect to long-term equity investments acquired by otherwise than business combination, at the time of initial recognition, for a long-term equity investment acquired by payment in cash, the company treats the purchase price actually paid as the initial investment cost; for a long-term equity investment acquired by issuance of equity securities, the company treats the fair value of equity securities issued as the initial investment cost.
(3) Subsequent measurement and profit and loss recognition method
Long-term equity investments whereby the company exerts control over the investee are accounted for using the cost method; a long-term equity investment in affiliates and joint ventures is accounted for using the equity method, unless such investment meets the conditions for being held for sale.
①Long-term equity investment accounted for using the cost method
When accounted for using the cost method, the long-term equity investments are valuated at the initial investment cost, with the costs of long-term equity investments adjusted by the additional or recovered investments. Except for the price actually paid at the time of acquisition of investment or cash dividends or profits included in the consideration that have already been declared but not yet distributed, the current income on investment is recognized at the cash dividends or profits declared and distributed by the investee that the company is entitled to.
②Long-term equity investment accounted for using the equity method
When accounting for using the equity method, the initial investment cost of long-term equity investment is not adjusted if the investment cost of a long-term equity investment is higher than the company’s share of fair value of identifiable net assets of the investee at the time of investment; ff the investment cost of long-term equity investment is less than the share of fair value of identifiable net assets of the investee at the time of investment, the resulting difference is charged to the current non-business income, while adjusting the cost of long-term equity investment.
When accounting for under the equity method and during the period of holding of a long-term equity investment, the company recognizes the investment income and other comprehensive income respectively at the share of net gains and losses and other comprehensive income realized by the investee, while the book value of long-term equity investment is adjusted at the same time; the share is calculated at the profits or cash dividends declared and distributed by the investee, and the book value of the long-term equity investment is reduced accordingly; for changes in ownership interest of the investee other than net profits and losses, other comprehensive income and profit distribution, the company charges its share of them to the capital reserve while adjusting the book value of the long-term equity investment.
When recognizing the share of changes in net profits and losses, other comprehensive income and other ownership interests realized by the investee, the company, based on the fair value of identifiable net assets of the investee at the time of acquisition of investment, recognizes investment income and other comprehensive income after making necessary adjustments according to the company’s accounting policies or accounting period; the aforesaid adjustments to the financial statements of the investee shall follow the principle of materiality. The portion of unrealized profit and loss attributable to the company and arising from internal transactions between the company and its affiliates and joint ventures is calculated at the ratio that the company is entitled to and then offset at the time of accounting under the equity method. The unrealized loss from internal transactions, where there is evidence that such loss is related asset impairment loss, is recognized in full and is not offset.
When recognizing the net losses incurred by the investee that the company shall share, the company recognizes such net losses until the book value of long-term equity investment and other long-term equities that substantially constitute the net investment in the investee are written down to zero, In addition, if the company has the obligation to be liable for additional losses of the investee, the estimated liabilities are recognized according to the expected obligations and charged to the current investment loss. Where the investee realizes net profits in the subsequent periods, the company resumes recognition of the revenue share after the revenue share covers the unrecognized share of losses.
（4）Conversion of accounting method for long-term equity investments
①Conversion from fair value measurement to equity method accounting
Where an equity investment originally held in an investee (without control, common control or significant influence) is treated for accounting according to the financial instrument recognition and measurement standards, and the shareholding ratio is increased due to additional investment or otherwise, thus allowing the company to exert common control or significant influence over the investee, when accounting for using the equity method instead, the company treats the fair value of original equity investment determined according to the financial instrument recognition and measurement standards plus the fair value of consideration paid to acquire additional investment as the initial investment cost accounted for using the equity method instead. Where the originally held equity investment is classified as other equity instrument investment, the accumulated fair value change originally charged to other comprehensive income shall be transferred to the retained earnings. Then, the initial investment cost derived by the aforesaid calculation is compared with the share of fair value of identifiable net assets of the investee at the date of additional investment as calculated and determined at the whole new shareholding ratio after additional investment, with no adjustments to the book value of the long-term equity investment if the former is larger than the latter; if the former is less than the latter, the difference shall adjust the book value of long-term equity investment and be charged to the current non-business revenue.
②Conversion from fair value measurement or equity method accounting to cost method accounting
For an equity investment originally held in the investee without control, common control or significance and treated for accounting according to financial instrument recognition and measurement standards, or long-term equity investments originally held in affiliates or joint ventures, where they become able to exert control over the investee due to additional investments or otherwise, they are treated as long-term equity investments formed from business combination.
③Conversion from equity method accounting to fair value measurement
Where a long-term equity investment originally held in the investee with common control or significant influence becomes unable to exert common control or significant influence over the investee due to decreased shareholding ratio as a result of partial disposal or otherwise, the remaining equity investments are treated according to financial instrument recognition and measurement standards instead, and the difference between the fair value and book value at the date of loss of common control or significant influence is charged to the current profit and loss. Other comprehensive income originally accounted for using the equity method should be treated on the same basis as the investee directly disposes of related assets or liabilities when ceasing to be accounted for using the equity method, while ownership interest recognized due to changes in ownership interest of the investee other than net profit and loss, other comprehensive income and profit distribution is transferred in full to the current investment income when ceasing to be accounted for using the equity method.
④Conversion from cost method to equity method or fair value measurement
Where control of an investee is lost due to disposal of part of equity investments or otherwise, when preparing individual financial statements, the remaining equities after disposal, if able to exert common control or significant influence over the investee, are accounted for using the equity method instead, and such remaining equities are adjusted as if they have been accounted for using the equity method as of the time of acquisition. Where the remaining equities after disposal cannot exert common control or significant influence over the investee, they are measured at fair value according to the financial instrument recognition and measurement standards, and the difference between their fair value and book value at the time of loss of control is charged to the current investment income.
(5) Impairment of long-term equity investments
The company judges at the balance sheet date whether there is any indication of impairment of long-term equity investments and, if yes, conducts impairment test as if they are individual long-term investments. If the results of impairment test indicate the recoverable amount of a long-term equity investment is lower than its book value, the impairment provision is made at the difference and charged to the profit and loss.
(6) Disposal of long-term equity investments
When disposing of a long-term equity investment, the difference between its book value and price actually acquired is charged to the current profit and loss. For a long-term equity investment accounted for using the equity method, when disposing such investment in full, related other comprehensive income originally accounted for under the equity method should be treated on the same basis as the investee directly disposes of related assets or liabilities, and ownership interest recognized due to changes in ownership interest of the investee other than net profit and loss, other comprehensive income and profit distribution should be transferred in full to the current investment income when ceasing to be accounted for using the equity method; in case of partial disposal and remaining equities still accounted for using the equity method, the other comprehensive income originally recognized should be treated on the same basis as the investee directly disposes of related assets or liabilities and carried over pro rata, while ownership interest recognized due to changes in ownership interest of the investee other than net profit and loss, other comprehensive income and profit distribution should be carried over to the current investment income pro rata.
When the enterprise partially disposes of long-term equity investments held and conversion of accounting method occurs, related accounting treatment is as shown in the aforesaid provisions regarding conversion of accounting methods for long-term equity investments.
16. Investment properties
Investment properties
Measurement model for investment properties
Measurement using the cost method
(1) Classification of investment properties
Investment property refers to real property held to earn rent or for capital appreciation or both, including leased land use right, land use right held for transfer after appreciation and leased buildings, etc.
(2) Measurement of investment properties
Purchased investment property is initially measured at the cost at the time of acquisition, which consists of the purchase price, related taxes and expenses directly attributable to such asset; the costs of investment property built by the company consist of the expenditures required to bring the investment property to the intended state of usability. The subsequent expenditures related to investment properties are charged to the costs of investment properties if the economic benefits related to such asset are highly likely to flow to the company and its costs can be reliably measured. Other subsequent expenditures are charged to the current profit and loss as and when incurred.
The company measures investment properties using the cost model, i.e., presenting them in the balance sheet at the cost minus accumulated depreciation, amortization and impairment provision. The costs of investment properties are depreciated or amortized using the straight-line method over the service life after deduction of the estimated net residual value and accumulated impairment provision, unless the investment properties meet the conditions for being held for sale. The depreciation policy for leased buildings is the same as that for house buildings in the fixed assets, and the amortization policy for leased land is the same as that for land use right in the intangible assets.
(3) Impairment of investment properties
At the balance sheet date, the company examines investment properties for any indication of impairment and conducts impairment tests when there is any indication of impairment, and makes impairment provision at the difference of recoverable amount lower than the book value, which will not be reversed in subsequent accounting periods once made.
17. Fixed assets
(1) Conditions for recognition
Fixed assets of the company are tangible assets held by the company for production of commodities, provision of services, leasing or business management and that have a service life of more than one accounting year. A fixed asset is recognized when the economic benefits related to such fixed asset are highly likely to flow to the company and the cost of such fixed asset can be reliably measured. Fixed assets are initially measured at actual cost at the time of acquisition. The initial cost of a purchased fixed asset includes purchase price, related taxes and expenditures incurred to bring such asset to the intended usable state and attributable to such asset. The initial cost of a self-built fixed asset is determined by the necessary expenditures incurred to bring such asset to the intended usable state. The subsequent expenditures related to a fixed asset including expenditures related to replacement of a particular component of the fixed asset, are capitalized and charged to the costs of fixed assets if the economic benefits related to such fixed asset are highly likely to flow to the company and its costs can be reliably measured, while deducting the book value of the replaced portion; expenditures related to daily maintenance of fixed assets are charged to current profit and loss as and when incurred.
(2) Depreciation method
| Category |
Depreciation method |
Depreciation period |
Residual value rate |
Annual depreciation rate |
|---|
| Houses and buildings |
Straight-line method |
5-40 years |
5% |
2.38％－19％ |
| Machinery and equipment |
Straight-line method |
3-15 years |
5% |
6.33%－ 31.67% |
| Transport equipment |
Straight-line method |
3-10 years |
5% |
9.50％－31.67％ |
| Others |
Straight-line method |
3-5 years |
5% |
19.00％－31.67％ |
net residual value. For a fixed asset with respect to which impairment provision accrues, the depreciation amount is determined in the future period at the book value net of impairment provision and according the remaining service life. The service lives, estimated net residual value rates and annual depreciation rates of various fixed assets are shown in the above table.
The company determines the service life and estimated net residual value of a fixed asset based on the nature and usage of the fixed asset, and reviews the service lives, estimated net residual values and depreciation methods for fixed assets at least at the end of each year.
(3)Impairment of fixed assets
At the balance sheet date, the company accrues fixed asset impairment provision by the difference of the recoverable amount of a fixed asset lower than its book value and charges it to the current profit and loss if its recoverable amount becomes lower than the book value due to continuous decline of market prices, technological obsolescence, damage, long-term idleness or otherwise. The fixed asset impairment loss, once recognized, will not be reversed in the subsequent accounting periods.
(4) Disposal of fixed assets
The company derecognizes a fixed asset if it is in the state of disposal or such fixed asset is expected not to generate economic benefits through use or disposal. The difference between net proceeds from scrapping or disposal of a fixed assets and its book value is charged to profit and loss at the date of scrapping or disposal.
18. Construction in progress
(1) Categories of construction in progress
Construction in progress mainly consists of self-operated works, contracted-out works and equipment installation works. The project costs of construction in progress are determined by the expenditures actually incurred, and self-operated works are measured at the direct materials, direct wage and direct construction costs; contracted-out works are measured at the project price payable; the project costs of equipment installation works are determined by the value of equipment installed, instillation costs and the expenditures incurred by project commissioning, etc. The costs of construction in progress also include the borrowing costs and exchange gains or losses that should be capitalized.
(2) Carry-over of construction in progress to fixed assets
A fixed asset being built is transferred to fixed assets when it reaches the intended usable state. Where a fixed asset built reaches the intended usable state but has not yet completed the final settlement of accounts, its cost should be determined at estimated value and its depreciation starts from the next month; the original estimated value is not adjusted at the actual cost until after the completion settlement, but without adjusting the originally accrued depreciation amount.
(3) Impairment of construction in progress
At the balance sheet date, the company examines construction in progress for any indication of impairment and conducts impairment tests when there is any indication of impairment, and makes impairment provision at the difference of recoverable amount lower than the book value. The recoverable amount of a work in progress is determined by the higher of the fair value of asset minus disposal costs and the present value of estimated future cash flows of the asset. The impairment loss of construction in progress, once recognized, will not be reversed in subsequent accounting periods.
19. Borrowing costs
Borrowing costs refer to interest and other related costs incurred by the company due to borrowings, including loan interest, amortization of premium or discount, auxiliary expenses and exchange difference resulting from foreign-currency borrowings.
(1) Principles for capitalization of borrowing costs
The borrowing costs incurred by the company that can be directly attributed to the acquisition or production of assets eligible for capitalization are capitalized and charged to the related asset cost; other borrowing costs are all recognized as financial expenses as and when incurred. Assets that meet the conditions for capitalization refer to fixed assets, inventories and other assets that can reach the intended usable or marketable state only after a considerably long period of acquisition or production activities.
(2)Capitalization period of borrowing costs
The capitalization period refers to the period from the commencement time of capitalization of borrowing costs to the time of cessation of capitalization, excluding the period during which the capitalization of borrowing costs is suspended. The borrowing costs begin being capitalized when the capital expenditure and the borrowing costs have been incurred and the acquisition or production activities required for the assets to reach the intended usable or marketable state have commenced. When the assets acquired or produced that meet the conditions for capitalization reach the intended usable or marketable state, the borrowing costs cease to be capitalized.
Where an asset that meets the conditions for capitalization is abnormally interrupted in the process of acquisition or production and the period of interruption continues for more than 3 months, the capitalization of borrowing costs is suspended until after the asset acquisition or production activities recommence.
(3) Calculation method for capitalized amount of borrowing costs
For the special borrowings borrowed to acquire or produce an asset that meets the conditions for capitalization, the capitalized amount of the borrowing costs is determined based on the interest expense actually incurred in the period of special borrowing minus the interest income acquired from depositing of the unused borrowed funds in the bank or the amount of investment income acquired on temporary investment.
For general borrowings used to acquire or produce an asset that meets the conditions for capitalization, the interest amount on the general borrowings to be capitalized is calculated and determined based on the capital expenditure weighted average of the portion of accumulated asset expense in excess of the special borrowing multiplied by the capitalization rate of the general borrowings used. The capitalization rate is calculated based on the weighted average interest rate of general borrowing.
20. Biological assets
（1） Conditions for recognition of biological assets
Biological assets refer to living animals and plants and a biological asset is recognized when the following conditions are met at the same time:
①The company owns or control such biological asset due to past transactions or events;
②Economic benefits or service potential related to such biological asset are highly likely to flow to the company;
③The costs of such biological assets can be reliably measured.
(2) Classification and costing of biological assets
The company’s biological assets include consumptive biological assets and productive biological assets. Biological assets are all measured at actual cost and are subjected to cost accounting by distinguishing categories and batches. Costs of a biological asset refer to necessary expenditures attributable to such asset and incurred to bring such asset to the makeable stage (refers to consumptive biological assets) or intended purpose of production and operations such as seedling cost, feed cost, drug cost, labor cost, fuel and power cost, depreciation charges, lease expenses, other agricultural manufacturing costs, including borrowing costs eligible for capitalization.
①Consumptive biological assets
Consumptive biological assets refer to biological assets held for sale, and the company’s consumptive biological assets mainly include suckling piglets, nursery piglets, fattening pigs, breeding chick’s (duck)’s eggs, baby chicks (ducks) and commercial generation broilers (meat ducks).
A. Suckling piglets refer to piglets from date of birth to date of weaning, and costs of suckling piglets mainly include depreciation charges of breeding pigs and feeding costs at such stage.
B. Nursery piglets refer to piglets from the date of weaning to date of transfer from nursery pigpen, and costs of nursery piglets mainly include costs of suckling piglets and feeding costs at the nursing stage.
C. Fatting pigs refer to pigs from the date of transfer from nursery pigpen to the date of slaughter, and costs of fattening pigs include costs of nursery piglets and feeding costs at the fattening stage.
D. Eggs of breeding chicks (ducks): costs of breeding chicks’ (ducks’) eggs include depreciation charges of mature egg-laying breeding chicks (ducks) and feeding costs of mature egg-laying breeding chicks (ducks).
E. Baby chicks (ducks): the costs of baby chicks(ducks) include costs of breeding chicks’ (ducks’) eggs used to hatch baby chicks (ducks) and fixed asset depreciation, labor costs and fuel and power costs at the hatching stage, etc.
F. Commercial generation broilers (meat ducks): costs of commercial generation broilers (ducks) include costs of baby chicks (ducks) and feeding costs of commercial generation broilers (ducks).
②Productive biological assets
Productive biological assets refer to the biological assets held for production of agricultural products, including immature productive biological assets and mature productive biological assets. The productive biological assets of the company mainly include breeding pigs and breeding chicks (ducks).
A. Breeding pigs: divided into immature breeding pigs and mature breeding pigs based on whether the intended production and operation purposes are achieved. Achieving the intended production and operation purposes means breeding pigs enter the normal production period and can continuously and stably produce conforming piglets. Costs of immature breeding pigs include seedling costs and feeding costs at the growth stage. After they become mature, they are transferred to the mating pigpen for production of piglets and transferred in accounting terms to the category of mature breeding pigs, before being accounted for using asset card established for individual pigs. The subsequent expenditures incurred after achieving the intended production and operation purposes such as feeding costs are all charged to the costs of piglets or semen but no longer charged to costs of breeding pigs.
B. Breeding chicks(ducks): divided into immature breeding chicks (ducks) and mature breeding chicks (ducks) based on whether intended production and operation purposes are achieved. Achieving the intended production and operation purposes means breeding chicks(ducks) enter the normal production period and can continuously and stably produce conforming hatching eggs. Costs of immature breeding chicks (ducks) include seedling costs and feeding costs at the growth stage. After they become mature, they are transferred to the egg-laying henhouse for production of hatching eggs and transferred in accounting terms to the category of mature breeding chicks(ducks), before being accounted for using asset card established for individual batches. The subsequent expenditures incurred after achieving the intended production and operation purposes such as feeding costs are charged to the costs of hatching eggs but no longer charged to costs of breeding chicks (ducks).
③Conversion of biological assets
In case of conversion of biological assets, such as consumptive biological assets repurposed as productive biological assets or productive biological assets repurposed as consumptive biological assets, the costs after change of use are determined at the book value at the time of change of use.
(3) Depreciation of biological assets
For productive biological assets that have achieved the predefined purpose of production and operation (i.e., mature productive biological assets), the company determines their service life, estimated net residual value and depreciation methods (depreciation methods including straight-line method and units-of production method) based on their nature, usage and expected way of realization of related economic benefits, and reviews the service life, estimated net residual value and depreciation methods of productive biological assets at least at the end of year, such that any difference with the original estimates is treated as accounting estimate change. The service lives, estimated net residual values and depreciation methods of mature productive biological assets of the company are as follows:
| Category |
Estimated service life (or production output) |
Estimated net residual value |
| Breeding sows of generations other than three-way crossbred sows |
36 months |
500-1400 Yuan/pig |
| Three-way crossbred sows |
24 months |
500-1400 Yuan/pig |
| Breeding boars |
18 months |
500-1400 Yuan/pig |
| Breeding hens |
155 eggs/90 eggs (molting) |
25 Yuan/hen |
| Breeding ducks |
245 eggs/120 eggs (molting) |
30 Yuan/hen |
Consumptive biological assets are measured at the lower of book value and net realizable value, and productive biological assets are measured at the lower of book value or recoverable amount. At least at the end of each year, the company examines its biological assets for any indication of impairment, and accrues the revaluation reserve for consumptive biological assets or impairment provision for productive biological assets by the difference of the net realizable value or recoverable amount lower than book value and charges it to the current profit and loss if there is conclusive evidence that the net realizable value of consumptive biological assets or recoverable amount of productive biological assets is lower than its book value.
If the factors affecting the impairment of consumptive biological assets have disappeared, the written-down amount should be restored and reversed to the extent of amount of previously accrued revaluation reserve, with the reversed amount charged to the current profit and loss. The impairment provision for productive biological assets, once accrued, will not be reversed in subsequent accounting periods.
The company shall comply with the disclosure requirements set forth in “Shenzhen Stock Exchange’s Industry Information Disclosure Guidance No. 1---Listed Companies Engaged in Livestock, Poultry and Aquaculture Businesses”.
21. Intangible assets
(1) Valuation method, service life and impairment test
Intangible assets refer to the identifiable nonmonetary assets owned or controlled by the company without physical form.
①Valuation method for intangible assets
The company’s intangible assets mainly include land use right, trademark license, patent and software, etc. An intangible asset is recognized only when economic benefits related to it is highly likely to flow to the company and its cost can be reliably measured.
Intangible assets are measured initially at cost and the company analyzes and judges the service life of an intangible asset when acquiring it. An intangible asset with a limited service life is amortized using the straight-line method; intangible assets with uncertain service life are not amortized.
②Determination of service life of an intangible asset
The service life of an intangible assets is determined by the period specified by laws and regulations, if any; or by the period of benefit specified in the related contract if there is no period specified by laws and regulations; or by the reasonably estimated service life if there is no period specified by laws and regulations or contracts and the economic service life can be reasonably estimated. The estimated service lives and amortization methods of intangible assets of the company are presented as follows:
| Item |
Estimated service life |
Basis |
Amortization method |
|---|
| Land use right |
40-50 years |
Valid period stipulated by law |
Straight-line method |
|---|
| Patents |
10 or 20 years |
Valid period stipulated by law |
Straight-line method |
|---|
| Trademarks |
10 |
Valid period stipulated by law |
Straight-line method |
| Other office software |
3 |
Reasonable estimation |
Straight-line method |
③Judgment criteria for intangible assets with uncertain service life
The company judges land use rights held by overseas subsidiaries as intangible assets with uncertain service life.
④Impairment of intangible assets
At balance sheet date, the company examines its intangible assets for any indication of impairment, and should conduct impairment tests when there is any indication of impairment, and makes impairment provision at the difference of the recoverable amount lower than the book value, with the recoverable amount determined at the higher of fair value of intangible asset minus disposal costs and the present value of the estimated future cash flows from the intangible asset; the impairment loss, once accrued, will not be reversed in subsequent accounting periods.
(2) Accounting policy on internal R&D expenditures
The company divides its R&D projects into the research phase and development phase according to the following criteria: the phase of original, planned investigation and research activities conducted to acquire and understand new scientific or technological knowledge is determined as the research phase, which is planned and exploratory, etc; the phase where research findings or other knowledge are applied to a particular plan or design before commercial production or use in order to produce new or substantially improved materials, devices or products is determined as the development phase, which is characterized by specificity and high likelihood to form achievements.
The expenditures at the research phase are charged to the current profit and loss as and when incurred. The expenditures at the development phase can be capitalized only when all of the following conditions are met at the same time, otherwise charged to the current profit and loss as and when incurred.
①The completion of such intangible asset to make it usable or sellable is technically feasible;
②There is an intention to complete, use or sell such intangible asset;
③The way the intangible asset generates economic benefits consists of the ability to prove there is a market for products produced using such intangible asset or a market for the intangible asset itself, provided that if the intangible asset is to be used internally, its usefulness should be demonstrated;
④There are sufficient technical, financial and other supports to complete the development of such intangible asset and there is ability to use or sell such intangible asset;
⑤The expenditure attributable to the development phase of such intangible asset can be reliably measured.
22. Goodwill
For goodwill formed from business combination not under common control, its initial cost is the difference of the combination cost larger than the share of fair value of identifiable net asses of the acquired party acquired in the combination.
The company does not amortize goodwill and presents it in the balance sheet at cost minus accumulated impairment provision. Goodwill is transferred out at the time of disposal of its related asset group or combination of asset groups, and charged to the current profit and loss.
23. Long-term unamortized expenses
Long-term unamortized expenses account for various costs that have occurred and have an amortization period of more than one year. The long-term unamortized expenses are recorded at the actually incurred amount and are amortized averagely over the period of benefit using the straight-line method, and presented at the net amount of actual expenditure minus accumulated amortization. If a long-term unamortized expense item cannot benefit the subsequent accounting periods, the amortized value of such item that has not yet been amortized is transferred in full to the current profit and loss.
24. Impairment of assets
With respect to fixed assets, construction in progress, intangible assets, productive biological assets and investment properties measured using cost model, long-term equity investments, right-of-use assets, goodwill and other assets (except for inventories, deferred income tax assets and financial assets), the company determines at the balance sheet date whether there is any indication of impairment based on internal and external information.
The company conducts impairment tests for assets for which there is indication of impairment, and estimates the recoverable amount of the asset. In addition, regardless of indication of impairment, the company conducts impairment costs for goodwill formed from business combinations, intangible assets not yet reaching the usable state and intangible assets with uncertain service life at least at the end of each year. For goodwill, the company allocates the book value of goodwill according to how related asset groups or combination of asset groups can benefit from synergistic effects of business combinations, on which basis it conducts goodwill impairment tests.
The recoverable amount is the fair value of an asset (or asset group or combination of asset groups, the same below) minus the disposal costs and the present value of anticipated future cash flow from the asset, whichever is higher. An asset group comprises assets related to creation of cash inflows and is the determinable smallest asset portfolio, cash inflows from which are basically independent from other assets or asset groups. The fair value of an asset is determined based on the price of sales agreement in arms’ length transaction. If there is no sales agreement but an active market for the asset, the fair value is determined by the bid price of the buyer of such asset. If there is no sales agreement or active market for the asset, the fair value of the asset is estimated based on the best available information. Disposal costs include legal costs, related taxes and handling costs related to asset disposal and direct costs incurred to bring the asset to the marketable state. The present value of estimated future cash flows from an asset is determined according to the estimated future cash flows generated during the continuous use of the asset and at the time of final disposal as discounted using an appropriate pretax discounting rate.
If the results of impairment test indicate that the recoverable amount of an asset is lower than its book value, the asset impairment provision is made and charged to the current profit and loss. The impairment loss related to an asset group or combination of asset groups is first offset against the book value of goodwill allocated to such asset group or combination of asset groups before being offset against the book value of other assets pro rata according to the percentage of book value of other assets in the asset group or combination of asset groups other than goodwill, but the book value of various assets after offsetting may not be lower than the highest of the fair value of such asset minus disposal costs, the present value of estimated future cash flows from such asset and zero.
The aforesaid asset impairment loss, once recognized, will not be reversed in the subsequent accounting periods.
25. Fair value measurement
Except as otherwise specifically stated, the company measures fair value according to the following principles:
Fair value refers to the price to be received for sale of an asset or to be paid for transfer of a liability in orderly transactions occurring between market participants at the date of measurement.
When estimating fair value, the company considers characteristics considered by market participants when pricing related assets or liabilities at the date of measurement (including the condition and location of asset and restrictions on sale or use of asset, etc), and employs valuation techniques that are applicable under current circumstances and are supported by sufficient available data and other information. The valuation techniques used mainly include market approach, income approach and cost approach.
26. Employee compensation
(1) Accounting treatment method for short-term compensation
Employee compensation is remuneration or compensation of various forms given by the group to acquire services provided by employees or to terminate employment relationship. Employee compensation includes but not limited to short-term employee compensation, post-employment benefits, termination benefits and other long-term employee benefits. The benefits provided by the company to spouses, children, dependants, dependents of deceased employees and other beneficiaries of employees are also employee compensation.
Short-term compensation comprises wage, bonus, allowance and subsidy, employee benefits, medical insurance costs, maternity insurance costs, industrial injury insurance costs, housing fund, trade union outlays, employee education expenditure and non-monetary benefits, etc. The company recognizes short-term employee compensation actually incurred as liabilities during the accounting period in which the employees provide services to the company and charges it to the current profit and loss or related asset cost. Of them, the non-monetary benefits are measured at fair value.
(2) Accounting treatment method for post-employment benefits
Post-employment benefit plans consist of defined contribution plan and defined benefit plan, of which the defined contribution plan is a post-employment benefit plan under which the company no longer assumes any further payment obligations after contributing fixed fees to independent funds; the defined benefit plan is post-employment benefit plan other than the defined contribution plan.
①Defined contribution plan
The company’s defined contribution plan mainly comprises basic endowment insurance, unemployment insurance and etc, and recognizes them as liabilities at the payable amount during the accounting period in which the employees provide services to the company and charges them to related asset costs or the current profit and loss.
②Defined benefit plan
Based on the expected accumulated benefit unit method, the company estimates related demographic variables and financial variables using unbiased and mutually consistent actuarial assumptions, and measures obligations resulting from the defined benefit plan, before recognizing the present value after discounting as a defined benefit plan liability.
The company attributes the benefit obligations arising from defined benefit plan to the period in which employees provide services, and charges the interest expenses that are service cost and defined benefit plan liabilities to the current profit and loss or related asset cost; charges the changes arising from the defined benefit plan liabilities re-measured to other comprehensive income, which are not allowed to reverse to profit and loss in subsequent accounting periods, but these amounts recognized in other comprehensive income can be transferred to the extent of equities.
(3) Accounting treatment method for termination benefits
If the employment relationship with any employee is terminated before the expiration of the employment contract or a suggestion concerning compensation is provided to encourage the employees to voluntarily accept the job displacement, the liabilities resulting from compensation for termination of employment relationship with employees are recognized and charged to the current profit and loss, when the company can not unilaterally revoke the termination benefits provided due to the employment relationship termination plan or the separation suggestion or the company recognizes the costs related to the reorganization involving payment of termination benefits, whichever occurs earlier.
(4) Accounting treatment method for other long-term employee benefits
Other long-term employee benefits provided by the company to its employees are treated for accounting purposes according to the defined contribution plan if they comply with the defined contribution plan. Otherwise, such benefits are treated for accounting purposes according to the defined benefit plan.
27. Estimated liabilities
Estimated liabilities are liabilities that might result from contingencies, including anticipated liabilities resulting from provision of external guarantees, pending litigations, product quality assurance and reorganization obligation, etc.
(1) Criteria for recognition of estimated liabilities
Except for contingent liabilities assumed in business combination not under common control, if an obligation incurred by the company is related to contingencies and meets the following conditions at the same time, the company recognizes such obligation as estimated liability:
①Such obligation is a present obligation of the company;
②The performance of such obligation is highly likely to result in outflow of economic benefits from the company;
③The amount of such obligation can be reliably measured.
(2) Measurement method for estimated liabilities
Estimated liabilities are initially measured at the best estimate of expenditure required to perform the related present obligations。 Where the impact of the time value of money is significant, the estimated liability is determined at an amount after discounting the estimated future cash flows. When determining the best estimate, the company considers the risks related to contingencies, uncertainty and time value of currency and other factors. Where there is a continuous range for the required expenditure and the possibility of occurrence of various results within such range is the same, the best estimate is determined at the median of such range; in other cases, the best estimate is treated as follows:
①Determined by the most possible incurred amount if contingencies involve a single item;
②Determined by calculating according to various possible results and related probabilities if contingencies involve multiple items.
The company at the balance sheet date reviews book value of estimated liabilities and adjusts such book value according got the current best estimate.
28. Share-based payment
The share-based payment of the company is a transaction in which the company grants equity instruments or assumes liabilities determined based on equity instruments in exchange for services provided by its employees or other parties.
(1) Classification of share-based payment
Share-based payment consists of share-based payment settled in equities and share-based payment settled in cash.
(2) Related accounting treatment for implantation of share-based payment plan
①Share-based payment settled in equities
When the company exchanges shares or other equity instruments with services provided by employees, they are measured at the fair value of equity instruments granted to employees at the grant date. For share-based payment transactions in which immediate exercise after grant is possible, the company charges them to the related costs or expenses at the fair value of equity instruments at the grant date and increases the capital reserve accordingly. For share-based payment transactions in which exercise can be made only after completing the services or meeting the specified performance conditions within the vesting period after grant, the company at each balance sheet date within the vesting period makes the best estimate of the number of exercisable equity instruments based on the latest acquired subsequent information such as changes in number of exercising employees, on which basis to charge the currently acquired services to related costs or expenses at fair value of equity instruments at the grant date, and charges them to capital reserve accordingly.
When the company receives services but without settlement obligation, and what’s granted to employees are equity instruments of the ultimate controlling party of the company or subsidiaries controlled by it other than the company, the company treats such share-based payment plan as share-based payment settled in equities.
②Share-based payment settled in cash
For share-based payment settled in cash, when the company delivers cash or other assets determined based on shares or other equity instruments in exchange for services provided by employees, the price of services received in exchange is measured at the fair value of liabilities determined based on the related equity instruments. For share-based payment transactions in which immediate exercise after grant is possible, the company charges them to the related costs or expenses at the fair value of liabilities assumed at the grant date and increases the liabilities accordingly. For share-based payment transactions in which exercise can be made only after completing the services or meeting the specified performance conditions within the vesting period after grant, the company at each balance sheet date within the vesting period charges the currently acquired services to costs or expenses at the amount of fair value of liabilities assumed based on the best estimate of the exercisable circumstance and charges them to liabilities accordingly. At each balance sheet date and settlement date before settlement of related liabilities, the company re-measures the fair value of liabilities and charges its changes to profit and loss.
When the company receives services and has the settlement obligation, and what’s granted to employees are equity instruments of the ultimate controlling party of the company or subsidiaries controlled by it other than the company, the company treats such share-based payment plan as share-based payment settled in cash.
29. Unearned premium reserve
Unearned premium reserve refers to a reserve accrued by financing guarantee companies for financing liabilities not yet terminated.
The financing guarantee company subordinate to the company accrues unearned premium reserve at 50% of the guarantee fee revenue of the year in the period of recognition of premium revenue; accrues unearned premium reserve as adjustment to the premium revenue and recognizes the liabilities for unearned premium reserve.
Financing guarantee companies at the balance sheet date recalculate and determine the difference between the amount of unearned premium reserve and the balance of accrued unearned premium reserve according to the aforesaid provisions and adjust the balance of unearned premium reserve.
30. Guarantee indemnity reserve
Guarantee indemnity reserve refers to a reserve accrued by financing guarantee company for its liability to pay indemnities to beneficiaries when the guaranteed person is unable to repay debts when due under a financing guarantee contract not yet terminated.
The financing guarantee company subordinate to the company accrues guarantee indemnity reserve at 1% of the balance of guarantee liability at the end of the year in the period of recognition of financing guarantee contract revenue. When the accumulated amount of guarantee indemnity reserve reaches 10% of the balance of guarantee liability in the year, the reserve accrues at difference while recognizing the accrued guarantee indemnity reserve as liabilities.
The accumulation of guarantee indemnity reserve is based on the financial condition, production or living environment of the guaranteed person to conduct adequacy test of the balance of accrued guarantee indemnity reserve, with additional accrual to be made at the difference in case of insufficiency, but the guarantee indemnity reserve is not adjusted if the balance of related insurance liability reserve recognized through recalculation under the financing guarantee contract is lower than the balance of related insurance liability reserve already recognized at the date of adequacy test.
31. Revenue
Accounting policies adopted for revenue recognition and measurement
Revenue refers to the total inflows of economic benefits formed by the company in its day-to-day activities that would result in increases in shareholder equity and are unrelated to capital invested by shareholders.
(1) General principles for revenue recognition
The company recognizes its revenue when having performed its performance obligations in contract, i.e., the customer acquires the control of related goods or services.
Where a contract contains two or more performance obligations, the company allocates the transaction price to each individual performance obligation according to the relative proportions of separate selling prices of goods or services as promised by each individual performance obligation at the contract commencement date and then measures the revenue at the transaction price allocated to each individual performance obligation.
The transaction price is the amount of consideration that the company expects to have the right to charge due to transfer of goods or services to its customers, excluding amounts charged on behalf of third parties. The transaction prices recognized by the company do not exceed the amounts with respect to which the accumulated recognized revenue is extremely likely not to be significantly reversed at the time of elimination of related uncertainties. The amounts expected to be returned to customers are treated as liabilities for return of goods and are not charged to the transaction prices. Where a contract contains a significant financing component, the company determines the transaction price at the payable amount that the customer would pay in cash should the customer have acquired the control of the goods or service, with the difference between such transaction price and the contract consideration to be amortized using the effective interest rate method during the term of the contract. At the commencement date of a contract, if it is estimated that the interval between the customer’s acquisition of control of goods or services and the customer’s payment of price is no more than one year, significant financing component existing in the contract is not considered.
When meeting one of the following conditions, a performance obligation is one that should be performed within a particular period, otherwise it is a performance obligation that should be performed at a particular point in time:
①The customer has acquired and consumed the economic benefits brought about by performance of the company when the company performs the contract;
②The customer can control the goods in progress during the performance of the company
③The goods produced during the performance of the company have irreplaceable purposes and the company has the right to charge amounts for the portion of performance completed so far in cumulative terms within the entire term of contract.
For a performance obligation performed within a particular of period of time, the company recognizes revenue according to the performance progress within such period of time. When the performance progress is uncertain, provided that the costs incurred are expected to be compensated, the revenue is recognized at the amount of costs already incurred until the performance progress can be reasonably determined.
For a performance obligation performed at a particular time in time, the company recognizes revenue at the point in time when the customer acquires the control of related goods or services. When judging whether a customer has acquired the control of goods or services, the company would consider the following indications:
①This company has the present right to collect payments with respect to such goods or services;
②The company has transferred the physical objects of such goods to the customer;
③This company has transferred the legal title to such goods or the substantial risk and reward on such legal title to the customer;
④The customer has accepted such goods or services, etc.
(2) Specific methods of the company for revenue recognition
Production and sale of feeds, livestock and poultry and foods are the main business of the company, and the company’s performance obligation in such sales businesses is performance obligation performed at a particular point in time. Where the company has received the payment for goods (cash sale or advances on sales) or expects to recover the payment for goods (credit sales) and delivered the goods to a customer in such manner as specified in contract, which have been signed off by the customer, the customer acquires the control of related goods and the company recognizes the revenue at the same time
Adoption of different business models in the same type of business results in difference in accounting policies for revenue
recognition.
None
32. Government subsidy
(1) Definition of government subsidy
Government subsidies refer to the monetary and non-momentary assets received by the company from government without compensation, excluding capital invested by government as an investor.
(2) Types and classification criteria of government subsidy
Government subsidy consists of asset-related government subsidy and income-related government subsidy. The company defines the government subsidies acquired by the company and used for acquisition or otherwise formation of long-term assets as asset-related; other government subsidies acquired by the company otherwise related to assets are defined as income-related.
For comprehensive project government subsidies containing both asset-related parts and income-related parts, they are treated respectively by distinguishing different parts; where it is difficult o distinguish, they are classified in entirety as income-related government subsidies.
(3) Recognition of government subsidy
A government subsidy is recognized when the government subsidy can be received and the conditions attached to the government subsidy can be met. A government subsidy is measured at the amount actually received or receivable if it is a monetary asset. A government subsidy that is a non-monetary asset is measured at fair value.
Asset-related government subsidies are recognized by the company as deferred income and charged to other income in a reasonable and systematic manner over the service life of the related asset by phases; Income-related government subsidies, if used for compensating relevant expenses and losses of the company in future periods, are recognized as deferred income and are charged to profit and loss in the period when relevant costs and expenses or losses are recognized; otherwise, they are charged directly to profit and loss.
The company charges to other income the government subsidies received in connection with the daily activities of the company according to substance of economic transaction, and charges to non-business revenue the government subsidies unrelated to daily activities of the company.
The policy-related preferential subsidized loans acquired by the company are treated for accounting purposes by distinguishing between fiscal authorities appropriating the proceeds of subsidized loans to the lending bank and the fiscal authorities appropriating the proceeds of subsidized loans directly to the company. Where the fiscal authorities appropriate the proceeds of subsidized loans to the lending bank for provision of loans to the company at a policy-related preferential interest rate, the company records the loans at the loan amount actually received and calculates the related borrowing costs according to the loan principal and such policy-related preferential interest rate. Where the fiscal authorities appropriate the proceeds of subsidized loans directly to the company, the company charges the corresponding interest subsidy against the related borrowing costs.
33. Deferred income tax assets/deferred income tax liabilities
Based on the difference between the book value and tax base of assets and liabilities at the balance sheet date and the difference between the book value and tax base of an item which has not been recognized as an asset and liability but whose tax base can be determined according to the applicable tax laws, the deferred income tax assets and deferred income tax liabilities are measured using balance sheet debt method and according to the tax rate applicable during expected recovery of such asset or repayment of such liability.
(1) Recognition of deferred income tax assets
The company recognizes related deferred income tax assets to the limit of the taxable income that is highly likely to be received by the company in future period to deduct the deductible temporary difference; but if such transaction is not business combination and the transaction neither affects the accounting profits nor affects the taxable income (or deductible loss) when incurred, the related deferred income tax assets are not recognized.
For related deductible temporary difference resulting from the investments of the company in its subsidiaries, affiliates and joint ventures, if such temporary difference is highly likely not to be reversed in foreseeable future and the taxable income is highly likely not to be obtained to deduct the deductible temporary difference in the future, the company recognizes the corresponding deferred income tax assets.
At the balance sheet date, the company reviews the book value of deferred income tax assets. If it is highly likely not to obtain taxable income sufficient to deduct the benefits of deferred income tax assets in the future, the book value of deferred income tax assets is written down. The amount written down is reversed when sufficient taxable income is highly likely to be obtained.
The deductible losses and tax credit which can be carried forward in future years are treated as if they are deductible temporary difference. The corresponding deferred income tax assets are recognized to the extent of the amount of future income taxable which is highly likely to be obtained to deduct the deductible losses and tax credit.
(2) Recognition of deferred income tax liabilities
Apart from initial recognition of goodwill or taxable temporary difference arising in a transaction that is not business combination and affects neither accounting profits nor taxable income (or deductible loss) when occurring, the company recognizes deferred income tax liabilities arising from all taxable temporary differences.
For related taxable temporary difference resulting from the investments of the company in its subsidiaries, affiliates and joint ventures, if the company can control the time to reverse the temporary difference and the temporary difference is highly likely not to be reversed in foreseeable future, the company does not recognize related deferred income tax liabilities.
(3) Income tax expense
The income tax expense consists of current income tax and deferred income tax. The current income tax is the expected payable tax calculated based on the taxable income of this year at the tax rate stipulated by tax laws. The company charges current income taxes and deferred income tax to the current profit and loss, except for the income tax arising from business combinations and transactions or events directly charged to ownership interest (including other comprehensive income).
(4) Offset of income tax
At the balance sheet date, deferred income tax assets and deferred income tax liabilities are presented at a net amount after offset when the following conditions are met at the same time:
①The taxpayer entity has the legal right to netting of current income tax assets and current income tax liabilities.
②Deferred income tax assets and deferred income tax liabilities are related to income tax imposed by the same tax authority on the same taxpayer entity or related to different taxpayer entities but the taxpayer entities involved intend to conduct netting settlement of current income tax assets and liabilities or acquire assets and repay liabilities at the same time within each period in the future that has reversal of important deferred income tax assets and liabilities.
31. Lease
(1) Accounting treatment method for operating leases
Where the company acts as a lessee, the rental expenses of operating lease are recognized the related asset costs or expenses using the straight-line method during the lease period. Initial direct costs are charged to current profit and loss.
Where the company acts as a lessor, the rental revenue of operating lease is recognized as revenue using the straight-line method within the lease period. The initial direct costs arising from assets leased out under operating lease are capitalized when their amounts are large, and are charged to the current profit and loss in phases over the entire lease period on the same basis as recognition of rental revenue; when their amounts are small, they are directly charged to the current profit and loss. Fixed assets or investment properties leased out under operating lease are still depreciated according to depreciation policies for related assets, while other operating lease assets are amortized using reasonable methods.
(2) Accounting treatment method for financing leases
Where the company acts as a lessee, at the commencement date of lease term, the company treats the lesser of the fair value of the leased asset at the commencement date of lease term and the present value of the minimum lease payment as the recorded value of such asset and treats the minimum lease payment as the recorded value of long-term payable, with the resulting difference treated as unrecognized financing costs. In addition, the initial direct costs attributable to the leased item that are incurred during the lease negotiation and execution of the lease contract are charged to the value of leased asset. Unrecognized financing costs are amortized using the effective interest rate method over the lease period and treated according to the principles for borrowing costs. Contingent rents are charged to the current profit and loss as and when actually incurred.
When depreciating assets under operating lease, the depreciation policy consistent with the self-owned depreciable assets is adopted. If it can be reasonably determined that the company will acquire the ownership of the leased asset upon the expiration of the lease term, the leased asset is depreciated within the service life; otherwise, the leased asset is depreciated within the shorter of the lease period and service life of the leased asset.
Where the company acts as a lessor, at the commencement date of lease, the sum of the minimum lease payment at the commencement date of lease and the initial direct costs is treated as the recorded value of the financing lease payments receivable, while recording the unsecured residual value; the difference between the sum of the minimum lease payment, initial direct costs and unsecured balance and its present value is recognized as the unrealized financing income. For the unrealized financing income, the current financing income is calculated and recognized using the effective interest rate method and over the lease term. Contingent rents are charged to the current profit and loss as and when actually incurred.
(3) Accounting treatment of sale-and-leaseback
The company determines sale-and-leaseback transaction as financing lease or operating lease according to the provisions of lease standards.
Where the sale-and-leaseback transaction is determined as a financing lease, the company considers the sale-and-leaseback transaction and sale of asset as a single transaction and will not recognize the profit and loss on asset sale as current profit and loss, but instead defers them as financing costs and allocate them according to the depreciation progress of such leased asset as the adjustment to the depreciation charge.
Where the sale-and-leaseback transaction is determined as an operating lease, it should be recognized as current profit and loss if the selling price is lower than the fair value; where the selling price is higher than the fair value, the portion in excess of the fair value is deferred and amortized over the estimated service life of the asset. The difference between the fair value and book value of an asset under sale-and-leaseback transaction is recognized as the current profit and loss.
(4) Improvement expenditure and repair of leased fixed assets
The improvement expenditures borne by the company on leased fixed assets (more than 0.20 million Yuan or exceeding one-year lease fee on such asset) should be amortized within 5 years (not beyond the lease expiration date); other repair costs arising from leased fixed assets and borne by the company are charged to the current profit and loss.
35. Hedge accounting
(1)Types of hedging business, hedging relationship and judgment about hedging effectiveness
The company’s hedging business is fair value hedging and manly consists of futures hedging business conducted on the domestic agricultural product futures markets out of the consideration for avoiding the risks of price fluctuation associated with purchase of raw materials (such as corn, soybean and soybean meal, etc).
The company continuously evaluates the hedging effectiveness, judges whether such futures hedging is highly effective during the accounting period in which the hedging relationship is designated, and can only recognize and measure the highly effective futures hedging according to the hedge accounting (the futures hedging that is not determined as highly effective is treated for accounting purposes according to “Note V. 10 Financial instruments—derivative instruments”. The company determines a hedge as highly effective if the hedge meets all of the following conditions:
①At the commencement of the hedge and thereafter, such hedge is expected to highly effectively offset the fair value changes resulting from the hedged risks during the period of hedge designation;
②The actual offset result of such hedge is within a range of 80% to 125%.
(2) Accounting treatment method for hedging
For fair value hedging, the changes in fair value of hedging derivatives are charged to the current profit and loss. The changes in the fair value of the hedged item due to the hedging risk are charged to the current profit and loss, while adjusting the book value of the hedged item at the same time; where the hedged item is a firm commitment not yet recognized, the accumulated changes in fair value of such firm commitment due to the hedged risk are recognized as an asset or liability, and the related gains or losses are charged to the current profit and loss.
36. Changes to important accounting policies and accounting estimates
(1) Important accounting policy changes
√ applicable □ not applicable
| Contents and causes of accounting policy changes |
Approval procedure |
Remarks |
| “Enterprise Accounting Standard 22—Revenue” Caikuai [2017] No. 22 |
Unified regulations of the Ministry of Finance |
|
(2) Changes to important accounting estimates
√ applicable □ not applicable
| Content and cause of accounting estimate changes |
Approval procedure |
Commencement time of application |
Remarks |
| Due to remarkably decreased stock of fertile sows at home as a result of ASF, the company will select and breed part of commercial generation sows as parental breeding sows, i.e., three-way breeding sows. The company changed the estimated service life of three-way breeding sows to 24 months based on the production performance of three-way breeding sows. |
The 20th meeting of the 8th board of directors |
July 1, 2020 |
See note 1 for details. |
| Along with business development of the company in recent years, the company’s categories of fixed assets increased such that the original depreciation period of fixed assets cannot fully match the actual service life of fixed assets at present. In order to increase accuracy and authenticity of cost accounting, the company changed accounting estimates of depreciation period of fixed assets. |
The 20th meeting of the 8th board of directors |
July 1, 2020 |
See note 2 for details. |
Note: 1. According to the 20th meeting of the 8th board of directors of the company: Due to remarkably decreased stock of fertile sows at home as a result of ASF, the company will select and breed part of commercial generation sows as parental breeding sows, i.e., three-way breeding sows, the service life of which is shorter than parental breeding sows bred from grandparental breeding pigs (i.e., two-way crossbred sows), so the company plans to change the estimated service life of breeding sows in productive biological assets and changed the estimated service life of three-way breeding sows to 24 months based on the production performance of three-way breeding sows, as opposed to 36 months for other generations of breeding sows. Such accounting estimate change was implemented as from July 1, 2020. The effect of this accounting estimate change on the 2020 financial statements is as follows: accumulated depreciation of productive biological assets is increased by 102.7620 million Yuan, operating cost increased by 15.4940 million Yuan and consumptive biological assets increased by 87.2680 million Yuan.
2. According to the 20th meeting of the 8th board of directors of the company: along with business development of the company in recent years, especially rapid development of pig farming industry, and continuous innovation of new-type building materials and building (construction) modes, the company saw increased categories of fixed assets such as house buildings (structures), machinery and equipment, such that the original depreciation period of fixed assets cannot fully match the actual service life of fixed assets at present. In order to increase accuracy and authenticity of cost accounting and better reflect the true costs of the company’s products, the company plans to change accounting estimates of depreciation period of fixed assets, effective as of July 1, 2020. The specific content of this accounting estimate change is as follows:
Depreciation period of fixed assets before this accounting estimate change:
| Category |
Depreciation method |
Depreciation period |
Annual depreciation rate |
Residual value rate |
|---|
| Houses and buildings |
Straight-line method |
20-40 years |
2.38%-4.75% |
5.00% |
| Machinery and equipment |
Straight-line method |
8-16 years |
5.94％－11.88％ |
5.00% |
| Transport equipment |
Straight-line method |
5 |
19.00％ |
5.00% |
| Others |
Straight-line method |
3-5 years |
19.00％－31.67％ |
5.00% |
Depreciation period of fixed assets after this accounting estimate change:
| Category |
Depreciation method |
Depreciation period |
Annual depreciation rate |
Residual value rate |
|---|
| Houses and buildings (structures) |
Straight-line method |
5-40 years |
2.38％－19％ |
5.00% |
| Machinery and equipment |
Straight-line method |
3-15 years |
6.33％－31.67％ |
5.00% |
| Transport equipment |
Straight-line method |
3-10 years |
9.50％－31.67％ |
5.00% |
| Others |
Straight-line method |
3-5 years |
19.00％－31.67％ |
5.00% |
The effect of this accounting estimate change on the 2020 financial statements is as follows: accumulated depreciation of fixed assets is increased by 7.3198 million Yuan, and operating cost increased by 7.3198 million Yuan.
(3) Adjustments to the related items of the financial statements at the beginning of the year of first adoption due to first adoption of new revenue standard and new lease standard as of 2020
Applicable
Whether the items of balance sheet at the beginning of the year need to be adjusted or not
√ Yes □ No
Consolidated balance sheet
Unit: yuan
| Item |
December 31, 2019 |
January 1, 2020 |
Adjustment |
|---|
| Current assets: |
|
|
|
| Cash at bank and on hand |
5,777,179,578.87 |
5,777,179,578.87 |
|
| Settlement reserve |
|
|
|
| Loans to other banks |
|
|
|
| Trading financial assets |
4,594,255.65 |
4,594,255.65 |
|
| Derivative financial assets |
|
|
|
| Notes receivable |
64,091,249.80 |
64,091,249.80 |
|
| Accounts receivable |
894,050,167.92 |
894,050,167.92 |
|
| Receivables financing |
|
|
|
| Prepayments |
644,252,622.96 |
644,252,622.96 |
|
| Insurance premiums receivable |
|
|
|
| Reinsurance amounts receivable |
|
|
|
| Provision of cession receivable |
|
|
|
| Other receivables |
346,508,417.87 |
346,508,417.87 |
|
| Wherein: interest receivable |
52,735,123.47 |
52,735,123.47 |
|
| Dividends receivable |
|
|
|
| Financial assets purchased for resale |
|
|
|
| Inventories |
9,307,812,126.89 |
9,307,812,126.89 |
|
| Contract assets |
|
|
|
| Assets held for sale |
|
|
|
| Noncurrent assets due within one year |
|
|
|
| Other current assets |
140,064,259.62 |
140,064,259.62 |
|
| Total current assets |
17,178,552,679.58 |
17,178,552,679.58 |
|
| Noncurrent assets |
|
|
|
| Loans and advances made |
|
|
|
| Debt investments |
|
|
|
| Other debt investments |
|
|
|
| Long-term receivables |
|
|
|
| Long-term equity investments |
21,121,784,349.18 |
21,121,784,349.18 |
|
| Other equity instrument investments |
318,276,827.48 |
318,276,827.48 |
|
| Other noncurrent financial assets |
|
|
|
| Investment properties |
381,137.69 |
381,137.69 |
|
| Fixed assets |
13,825,102,269.78 |
13,825,102,269.78 |
|
| Construction in progress |
4,745,959,274.86 |
4,745,959,274.86 |
|
| Productive biological assets |
2,510,633,170.64 |
2,510,633,170.64 |
|
| Oil & gas assets |
|
|
|
| Right-of-use assets |
|
|
|
| Intangible assets |
1,388,930,702.26 |
1,388,930,702.26 |
|
| Development expenditure |
|
|
|
| Goodwill |
1,234,756,072.93 |
1,234,756,072.93 |
|
| Long-term unamortized expenses |
406,320,291.51 |
406,320,291.51 |
|
| Deferred income tax assets |
277,744,391.09 |
277,744,391.09 |
|
| Other noncurrent assets |
1,209,225,716.55 |
1,209,225,716.55 |
|
| Total noncurrent assets |
47,039,114,203.97 |
47,039,114,203.97 |
|
| Total assets |
64,217,666,883.55 |
64,217,666,883.55 |
|
| Current liabilities: |
|
|
|
| Short-term borrowings |
13,620,562,405.56 |
13,620,562,405.56 |
|
| Borrowings from central bank |
|
|
|
| Loans from other banks |
|
|
|
| Held-for-trading financial liabilities |
5,240,664.99 |
5,240,664.99 |
|
| The derivative financial liabilities |
|
|
|
| Notes payable |
546,413,194.42 |
546,413,194.42 |
|
| Accounts payable |
4,966,318,094.79 |
4,966,318,094.79 |
|
| Advance receipts |
1,347,222,574.40 |
|
-1,347,222,574.40 |
| Contract liabilities |
|
1,347,222,574.40 |
1,347,222,574.40 |
| Financial assets sold for repurchase |
|
|
|
| Deposits taken and interbank deposits |
|
|
|
| Proceeds from vicariously traded securities |
|
|
|
| Proceeds from vicariously underwritten securities |
|
|
|
| Payroll payable |
794,865,691.98 |
794,865,691.98 |
|
| Taxes and dues payable |
216,106,174.26 |
216,106,174.26 |
|
| Other payables |
3,848,824,206.47 |
3,848,824,206.47 |
|
| Wherein: interest payable |
45,768,415.29 |
45,768,415.29 |
|
| Dividends payable |
194,636,496.96 |
194,636,496.96 |
|
| Handling fee and commission payable |
|
|
|
| Cession insurance premiums payable |
|
|
|
| Liabilities held for sale |
|
|
|
| Noncurrent liabilities due within one year |
850,351,706.57 |
850,351,706.57 |
|
| Other current liabilities |
|
|
|
| Total current liabilities |
26,195,904,713.44 |
26,195,904,713.44 |
|
| Noncurrent liabilities |
|
|
|
| Provision for insurance contracts |
109,584,637.12 |
109,584,637.12 |
|
| Long-term borrowings |
4,954,486,449.54 |
4,954,486,449.54 |
|
| Bonds payable |
|
|
|
| Wherein: preferred shares |
|
|
|
| Perpetual bonds |
|
|
|
| Lease liabilities |
|
|
|
| Long-term payables |
6,000,000.00 |
6,000,000.00 |
|
| Long-term payable payroll |
|
|
|
| Estimated liabilities |
|
|
|
| Deferred income |
284,798,587.55 |
284,798,587.55 |
|
| Deferred income tax liabilities |
17,026,975.65 |
17,026,975.65 |
|
| Other noncurrent liabilities |
|
|
|
| Total noncurrent liabilities |
5,371,896,649.86 |
5,371,896,649.86 |
|
| Total liabilities |
31,567,801,363.30 |
31,567,801,363.30 |
|
| Ownership interest: |
|
|
|
| Share capital |
4,216,015,009.00 |
4,216,015,009.00 |
|
| Other equity instruments |
|
|
|
| Wherein: preferred shares |
|
|
|
| Perpetual bonds |
|
|
|
| Capital reserve |
2,507,590,540.72 |
2,507,590,540.72 |
|
| Minus: treasury shares |
611,317,618.59 |
611,317,618.59 |
|
| Other comprehensive income |
-41,562,505.82 |
-41,562,505.82 |
|
| Special reserve |
|
|
|
| Surplus reserve |
2,400,778,310.95 |
2,400,778,310.95 |
|
| Generic risk reserve |
|
|
|
| Undistributed profits |
17,590,186,212.30 |
17,590,186,212.30 |
|
| Total ownership interest attributable to the parent company |
26,061,689,948.56 |
26,061,689,948.56 |
|
| Minority interest |
6,588,175,571.69 |
6,588,175,571.69 |
|
| Total ownership interest |
32,649,865,520.25 |
32,649,865,520.25 |
|
| Total liabilities and ownership interest |
64,217,666,883.55 |
64,217,666,883.55 |
|
Remarks on adjustments
The company adopted the “Enterprise Accounting Standard 14—Revenue” issued under Caikuai[2017] No. 22 document as of January 1, 2020, according to which the company adjusted the amounts of related items of its financial statements at the beginning of 2020 by adjusting the data presented under the “prepayments” item to the “contract liabilities” item after first adopting the cumulative effects under the new revenue standard.
Parent company balance sheet
Unit: yuan
| Item |
December 31, 2019 |
January 1, 2020 |
Adjustment |
|---|
| Current assets: |
|
|
|
| Cash at bank and on hand |
3,946,682,922.07 |
3,946,682,922.07 |
|
| Trading financial assets |
|
|
|
| Derivative financial assets |
|
|
|
| Notes receivable |
196,274,325.65 |
196,274,325.65 |
|
| Accounts receivable |
1,474,386.47 |
1,474,386.47 |
|
| Receivables financing |
|
|
|
| Prepayments |
19,340,940.22 |
19,340,940.22 |
|
| Other receivables |
23,621,677,381.84 |
23,621,677,381.84 |
|
| Wherein: interest receivable |
73,397,114.11 |
73,397,114.11 |
|
| Dividends receivable |
465,500,000.00 |
465,500,000.00 |
|
| Inventories |
27,991,352.12 |
27,991,352.12 |
|
| Contract assets |
|
|
|
| Assets held for sale |
|
|
|
| Noncurrent assets due within one year |
|
|
|
| Other current assets |
5,349,774.87 |
5,349,774.87 |
|
| Total current assets |
27,818,791,083.24 |
27,818,791,083.24 |
|
| Noncurrent assets |
|
|
|
| Debt investments |
|
|
|
| Other debt investments |
|
|
|
| Long-term receivables |
|
|
|
| Long-term equity investments |
9,131,047,342.08 |
9,131,047,342.08 |
|
| Other equity instrument investments |
211,196,000.00 |
211,196,000.00 |
|
| Other noncurrent financial assets |
|
|
|
| Investment properties |
|
|
|
| Fixed assets |
26,018,579.25 |
26,018,579.25 |
|
| Construction in progress |
|
|
|
| Productive biological assets |
|
|
|
| Oil & gas assets |
|
|
|
| Right-of-use assets |
|
|
|
| Intangible assets |
20,778,129.99 |
20,778,129.99 |
|
| Development expenditure |
|
|
|
| Goodwill |
|
|
|
| Long-term unamortized expenses |
2,135,449.33 |
2,135,449.33 |
|
| Deferred income tax assets |
767,190.67 |
767,190.67 |
|
| Other noncurrent assets |
501,293.33 |
501,293.33 |
|
| Total noncurrent assets |
9,392,443,984.65 |
9,392,443,984.65 |
|
| Total assets |
37,211,235,067.89 |
37,211,235,067.89 |
|
| Current liabilities: |
|
|
|
| Short-term borrowings |
4,345,139,845.07 |
4,345,139,845.07 |
|
| Held-for-trading financial liabilities |
|
|
|
| The derivative financial liabilities |
|
|
|
| Notes payable |
98,207,852.09 |
98,207,852.09 |
|
| Accounts payable |
23,734,887.74 |
23,734,887.74 |
|
| Advance receipts |
22,226,964.74 |
|
-22,226,964.74 |
| Contract liabilities |
|
22,226,964.74 |
22,226,964.74 |
| Payroll payable |
29,359,058.80 |
29,359,058.80 |
|
| Taxes and dues payable |
3,763,775.88 |
3,763,775.88 |
|
| Other payables |
17,749,453,705.10 |
17,749,453,705.10 |
|
| Wherein: interest payable |
25,397,692.88 |
25,397,692.88 |
|
| Dividends payable |
|
|
|
| Liabilities held for sale |
|
|
|
| Noncurrent liabilities due within one year |
587,050,000.00 |
587,050,000.00 |
|
| Other current liabilities |
|
|
|
| Total current liabilities |
22,858,936,089.42 |
22,858,936,089.42 |
|
| Noncurrent liabilities |
|
|
|
| Long-term borrowings |
2,376,300,000.00 |
2,376,300,000.00 |
|
| Bonds payable |
|
|
|
| Wherein: preferred shares |
|
|
|
| Perpetual bonds |
|
|
|
| Lease liabilities |
|
|
|
| Long-term payables |
|
|
|
| Long-term payable payroll |
|
|
|
| Estimated liabilities |
|
|
|
| Deferred income |
1,569,625.82 |
1,569,625.82 |
|
| Deferred income tax liabilities |
|
|
|
| Other noncurrent liabilities |
|
|
|
| Total noncurrent liabilities |
2,377,869,625.82 |
2,377,869,625.82 |
|
| Total liabilities |
25,236,805,715.24 |
25,236,805,715.24 |
|
| Ownership interest: |
|
|
|
| Share capital |
4,216,015,009.00 |
4,216,015,009.00 |
|
| Other equity instruments |
|
|
|
| Wherein: preferred shares |
|
|
|
| Perpetual bonds |
|
|
|
| Capital reserve |
4,876,984,181.01 |
4,876,984,181.01 |
|
| Minus: treasury shares |
611,317,618.59 |
611,317,618.59 |
|
| Other comprehensive income |
|
|
|
| Special reserve |
|
|
|
| Surplus reserve |
979,184,653.16 |
979,184,653.16 |
|
| Undistributed profits |
2,513,563,128.07 |
2,513,563,128.07 |
|
| Total ownership interest |
11,974,429,352.65 |
11,974,429,352.65 |
|
| Total liabilities and ownership interest |
37,211,235,067.89 |
37,211,235,067.89 |
|
Remarks on adjustments
The company adopted the “Enterprise Accounting Standard 14—Revenue” issued under Caikuai[2017] No. 22 document as of January 1, 2020, according to which the company adjusted the amounts of related items of its financial statements at the beginning of 2020 by adjusting the data presented under the “prepayments” item to the “contract liabilities” item after first adopting the cumulative effects under the new revenue standard.
(4) Remarks on retrospective adjustments to prior comparatives due to the first adoption of new revenue standard and new lease standard as of 2020
□ applicable √ not applicable
37. Important accounting judgments and estimates
Due to inherent uncertainties of business activities and changes in external factors, the company needs to make judgments, estimates and assumptions accounting events that cannot be accurately measured in accounting treatment, which are based on historical experience of the company’s management and are made taking into account other related factors. However, the actual results arising from uncertainties of accounting events might differ from the current judgments and estimates made by the company’s management and thereby might result in material adjustments to the book values of assets or liabilities affected in the future. The company conducts periodic review and evaluation of the aforesaid adjustments, estimates and assumptions on the basis of going concern and conducts accounting treatment according to enterprise accounting standards and related provisions. The important fields in which the company makes judgments, estimates and assumptions about amounts of financial statement items are as follows:
(1) Accrual of bad debt provision
The company accounts for bad debt loss using the allowance method according to the accounting policy for receivables, and accrual of bad debt provision is based on judgments and estimates made by the management about the recoverable amounts of accounts receivable. The difference between actual results and original reasonable expectations will affect the book value of receivables and accrual or reversal of bad debt provision for receivables during the period in which estimates are changed.
(2) Inventory revaluation reserve
The company measures inventories at the lower of cost and net realizable value at the balance sheet date, and inventory impairment is based on assessment of the marketability and net realizable value of inventories. Determination of inventory impairment requires the company to obtain conclusive evidence for net realizable vale and to make judgments and estimates taking into account the purpose of holding inventories and other factors. The difference between actual results and original reasonable expectations will affect the book value of inventories and accrual or reversal of inventory revaluation reserve during the period in which estimates are changed.
(3) Impairment f other long-term assets
The company conducts impairment tests for long-term assets such as long-term equity investments, fixed assets, construction in progress, productive biological assets and intangible assets when there is any indication of impairment; goodwill is subjected to impairment test each year, regardless of whether there is any indication of impairment. When the book value of an asset or asset group is higher than its recoverable amount (the higher of the net amount of fair value minus disposal costs and the present value of estimated future cash flows), impairment loss is recognized.
The net amount of fair value minus disposal costs is determined by reference to the sales agreement price of similar assets in arm’s length transaction or observable market price minus the incremental cost directly attributable to such asset disposal; the estimated future cash flows require use of data about output, selling price, related operating costs and other aspects of such asset or asset group that involve future cash flows. The company estimates recoverable amounts based on all available external information and forecasts made inside the company based on reasonable expectations and supportable assumptions with respect to output, selling prices and operating costs.
(4) Depreciation and amortization
The company depreciates or amortizes fixed assets, productive biological assets and part of intangible assets using the straight-line method over the economic service life, with the service life determined based on historical experience and asset performance parameters, taking into account the expected technological updating, etc. If the previous reasonable estimates change in a manner that has significant effects, adjustments are made to depreciation and amortization expenses in the future periods.
(5) Tax matters such as income tax
In the normal course of business operations, fiscal and tax treatment of part of tax-related transactions or events by the company face considerable uncertainties due to involvement of projections and judgments, and might affect the financial statements in future accounting periods; mainly including:
①The company pays enterprise income tax at home and in many foreign countries, whether part of items can be presented and disbursed before tax requires approval and confirmation of competent tax authorities. If the final determinations of these tax matters differ from the original projections and judgments, such difference will affect the current income tax expense on them in the period of final determination.
②The company can carry over the deductible losses to future years and recognizes the corresponding deferred income tax assets to the limit of future taxable income that is highly likely to be available to deduct the deductible losses. The company needs to exercise numerous judgments in order to reasonably estimate the period and amount of taxable income arising in the future. If the market quotations of future business units or profitability of individual taxpaying entity are significantly changed from the current projection results, such difference will affect the deferred income tax expense in future periods.
③Due to the special nature of tax policies related to deduction of input tax on agricultural products and the low gross margins of the business unit of primary processing of agricultural products at present, the accumulated amount of excess VAT paid by subsidiaries of the company engaged in slaughter and primary processing of meat foods is relatively large. If tax policies related to deduction of input tax on agricultural products substantially change in the future, it might materially affect the payable taxes and profit and loss in future periods.
VI. Taxes
1. Main tax categories and tax rates
| Tax category |
Basis of taxation |
Tax rate |
| VAT |
Taxable sales |
13%-3% |
| Urban maintenance and construction tax |
Turnover tax actually paid |
7%, 5%, 1% |
| Income tax |
Turnover tax actually paid |
30%-5% |
Remarks on disclosure where there are different taxpayers subject to different enterprise income tax rates
2. Tax preferences
(I). VAT
（1）The general feed products produced and sold by domestic feed manufacturers of the company were subject to VAT rate of 10% prior to April 1, 2019; according to the “Promulgation on Policies Deepening the VAT Reform” (Promulgation of MoF, SAT and GAC 2019 No. 39) of the Ministry of Finance, the State Administration of Taxation and General Administration of Customs, as of April 1, 2019, the tax rate applicable to production and sale of feed products is adjusted to 9%. In addition, according to the ‘Notice of the Ministry of Finance and the State Administration of Taxation on Issues regarding Exemption of Value-added Tax on Feed Products” (Caishui〔2001〕No. 121), feed products produced and sold by feed manufacturers that meet its provisions are exempted from VAT. Taxable goods sold by feed manufacturers other than feeds are subject to a VAT rate of 3% (small taxpayers) or 9% or 13% (general taxpayers).
（2）The preliminarily processed products produced by domestic slaughtering and meat packing businesses of the company were subject to VAT rate of 10% prior to April 1, 2019; according to the “Promulgation on Policies Deepening the VAT Reform” (Promulgation of MoF, SAT and GAC 2019 No. 39) of the Ministry of Finance, the State Administration of Taxation and General Administration of Customs, as of April 1, 2019, the tax rate applicable to preliminarily processed products is adjusted to 9% and the VAT rate applicable to delis and deep processed products is 13%.
（3）The domestic farming businesses of the company are exempted from VAT according to Article 15 ‘Self-made agricultural products sold by agricultural producers are exempted from VAT” of the “Interim Regulations of the People’s Republic of China on Value-added Tax”
（4）The feed products and fresh meat and egg products sold by domestic trading businesses of the company are exempted from VAT, while other products were subject to a VAT rate of 16% or 10% prior to April 1, 2019 according to the national regulations; according to the “Promulgation on Policies Deepening the VAT Reform” (Promulgation of MoF, SAT and GAC 2019 No. 39) of the Ministry of Finance, the State Administration of Taxation and General Administration of Customs, as of April 1, 2019, the tax rate applicable is adjusted to 13% or 9%.
（5）Subsidiaries Sichuan Xinle Plastics Co., Ltd, Jiangsu Tiancheng Healthcare Products Co., Ltd, Zibo Huide Feed Machinery Co., Ltd and Chengdu Fenglan Technology Co., Ltd were subject to a VAT rate of 16% priro to April 1, 2019; according to the “Promulgation on Policies Deepening the VAT Reform” (Promulgation of MoF, SAT and GAC 2019 No. 39) of the Ministry of Finance, the State Administration of Taxation and General Administration of Customs, as of April 1, 2019, the tax rate applicable is 13%.
（6）Among its overseas subsidiaries, the feed products sold by its subsidiaries in Vietnam and self-produced agricultural products sold by its breeding business therein are exempted from VAT, and the VAT rate applicable to disposal of obsolete materials and fixed assets is 10%; the VAT rate applicable to its Sri Lanka companies is 12%; the goods and services operated and sold locally by New Hope Singapore Pte. Ltd and New Hope Singapore Premix Pte. Ltd are subject to a GST (VAT) rate of 7%; feed products sold by New Hope South Africa Co., Ltd are exempted from VAT, and the VAT rate on taxable items other than feed products is 15%; feed products sold by its subsidiaries in Indonesia, Bangladesh, the Philippines, Cambodia and Egypt are exempted from VAT.
(II) Urban maintenance and construction tax, educational surcharge
For the company and its domestic subsidiaries: (1) urban construction tax varies from region to region, at a rate of 7%, 5% or 1% of payable turnover tax respectively; (2) educational surcharge is imposed at a rate of 3% of the payable turnover tax amount, and local educational surcharge at 2%.
(III) Enterprise income tax
(1) According to the “Notice on Tax Policy Issues regarding Further Implementation of the Go-west Strategy” (Caishui〔2001〕No. 58) jointly issued by the Ministry of Finance, the State Administration of Taxation and General Administration of Customs, and the “Promulgation on Enterprise Income Tax Issues regarding Further Implementation of the Go-west Strategy” of the State Administration of Taxation (SAT Promulgation 2012 No. 12), from January 1, 2011 to December 31, 2020, enterprises established in west China that operate in encouraged industries are subject to enterprise income tax at a reduced rate of 15%. Among the branches and subsidiaries of the company established in Mianyang and Xichang in west China, Guanghan Guoxiong, Zunyi Jiahao, Guiyang Xinke, Qiandongnan New Hope, Qujing Guoxiong, Chongqing Guoxiong, Ziyang Jiahao, Luzhou New Hope, Hope Food, Wuwei Hope, Qingtongxia Guoxiong, Hanzhong Hope, Zigong Hengbo, Lanzhou Hope, Nanning Guoxiong, Yulin New Hope, Guilin New Hope, Pengshan New Hope, Century Investment, Wulong New Hope, Food Holdings, Kaixian New Hope, Lhasa New Hope, Chongqing New Hope, Sanyuan New Hope, Baoji New Hope and Ningxia New Hope are subject to an income tax rate of 15% with the consent of tax authorities. All branches aggregate and settle their income tax with the tax authority governing the parent company at the end of year following the principles of unified calculation, level-by-level management, local prepayment and aggregate clearing.
(2) According to the “Notice of the Ministry of Finance and State Administration of Taxation on Implementation of Go-west Tax Policies by Ganzhou City’ (Caishui〔2013〕No. 4), the “Promulgation of Jiangxi Provincial Bureau of Local Taxation on Issue of (Trial) (2013 No. 5) and the “Notice of Ganzhou City Bureau of Local Taxation on Confirmation of Entitlement of 29 Companies including Ganzhou Hope Feed Co., Ltd to Enterprise Income Tax Preferential Policies for Go-west Strategy” (Ganshidishuihan [2013]No. 100), Ganzhou Hope was covered by the enterprise income tax preferential policies for go-west strategy from 2012 to 2020 and was therefore subject to enterprise income tax at a reduced tax rate of 15%.
(3) The meat food processing businesses of the company are exempted from enterprise income tax with respect to their preliminary meat processing operations according to Article 27.1 of the “Enterprise Income Tax Law of the People’s Republic of China”, Article 86 of the “Implementing Regulations for Enterprise Income Tax Law of the People’s Republic of China” and Caishui (2008)No. 149 document, and have acquired filings; the deep processing business is subject to income tax rate of 25%.
(4) The breeding businesses of the company are exempted from enterprise income tax with respect to their livestock and poultry breeding operations according to Article 27.1 of the “Enterprise Income Tax Law of the People’s Republic of China” and Article 86 of the “Implementing Regulations for Enterprise Income Tax Law of the People’s Republic of China”, and have acquired filings for tax exemption.
(5) The subsidiaries Weifang New Hope Liuhe Feed Technology Co., Ltd and Kunming New Hope Animal Nutrition Food Co., Ltd were designated as high-tech enterprises, and according to Article 28 of the “Enterprise Income Tax Law of the People’s Republic of China”, high-tech enterprises that the state needs to particularly support are subject to enterprise income tax at a reduced rate of 15%.
(6) Hong Kong Dongxian Co., Ltd and Hong Kong Liuhe International Trade Co., Ltd, both registered in Hong Kong, are subject to income tax rate of 16.5%.
(7) New Hope Liuhe Investment Co., Ltd, which is registered in Lhasa, is subject to a preferential income tax rate of 15% for the purposes of the Go-west strategy.
(8) Enterprise income tax policies for overseas subsidiaries of the company
A. New Hope Hanoi Co., Ltd and Than Hoa New Hope Livestock Services Co., Ltd were subject to income tax rate of 10% with respect to their main business in 2020 according to the local tax preference policies, while income from their non-main businesses (including net revenue from obsolete materials, net interest revenue and net non-business receipts and expenditures) is not entitled to income tax preference and is subject to income tax rate of 20%.
B. New Hope Hanoi Co., Ltd Haiphong Branch is subject to income tax rate of 10% with respect to 52% of taxable income from its main business according to the local tax preference policies, while income from its non-main businesses (including net revenue from obsolete materials, net interest revenue and net non-business receipts and expenditures) is not entitled to income tax preference and is subject to the normal income tax rate of 20%. New Hope Hanoi Co., Ltd Bac Giang Branch was exempted from income tax in 2015 and 2016 and subject to a 10% tax rate in 2017-2020 (currently, the enterprise income tax rate in Vietnam is 20%).
C. New Hope Hanoi Co., Ltd Than Hoa Branch and New Hope Binh Dinh Co,, Ltd were subject to an income tax rate of 20% in 2020 according to local tax policies.
D. New Hope Ho Chi Minh City Co., Ltd is subject to an income tax rate of 15% with respect to its first phase of project, 20% with respect to its second phase of project and 20% with respect to its third phase, exempted from income tax for 2 years (2015-2016) and subject to half of the statutory income tax rate for 4 years (2017 to 2020), or 10%, before being subject to an income tax rate of 20% as of 2021. The calculation method for the payable income tax for 2020 is as follows: payable income tax= taxable income within the current operating year x 27.01% percentage of fixed assets in the first phase of project x income tax rate 15% + taxable income within the current operating year x 42.78% percentage of fixed assets in the second phase of project x income tax rate 20%+ taxable income within the current operating year x 30.21% percentage of fixed assets in the third phase of project x income tax rate 10% + (non-business revenue + interest revenue) x20%.
E. New Hope Dong Thap Producing Feed For Aquaculture Co., Ltd is subject to income tax rate of 15% within 12 years of commencement of its operations, followed by 20% in subsequent years, while at the same time it is entitled to a preferential policy of “tax exemption for 3 years as of the year of profit making and tax collection at half of the statutory tax rate for 7 years”. The aforesaid company was under preparation for establishment in 2008, started making profits in 2010 and was subject to an income tax rate of 15% in 2020. The income from its other businesses (including net revenue from obsolete materials, net interest revenue and net non-business receipts and expenditures) is entitled to tax preference policies and subject to income tax rate as specified in the tax preference policies applicable to its main business. Its second phase of project is subject to an income tax rate of 20%, exempted from income tax for 2 years starting from 2018 (from 2018 to 2019) and subject to a 10% income tax rate for 4 years (from 2020 to 2023) and an income tax rate of 20% as of 2024.
F. New Hope Central Luzon Agriculture Inc., New Hope Tarlac Agriculture Inc., New Hope Bulacan Agriculture Inc. and New Hope Isabela Agriculture Inc.are taxed at the higher of 2% of its gross profits or 30% of its actual profits according to the Philippine tax laws.
G. New Hope Bangladesh Ltd, New Hope Agrotech Bangladesh Ltd and New Hope Farms Bangladesh Ltd are subject to income tax at 35% of revenue with respect to the bank deposit interest revenue part of their total profits (10% withheld by banks), income tax at 35% with respect to net non-business revenue and expenditure and income tax by segment with respect to the total profits net of interest and non-business revenue and expenditures; New Hope Bangladesh Ltd and New Hope Agrotech Bangladesh Ltd are subject to a tax rate of 3% with respect to the portion less than 1 million Taka (inclusive); 10% with respect to the portion of 1 million Taka-2 million Taka (inclusive); and 15% with respect to the portion larger than 2 million Taka. For New Hope Farms Bangladesh Ltd, the first option is as follows: tax rate of 0 on less than 1 million Taka (inclusive); tax rate of
5% on 1 million-2 million Taka (inclusive); and tax rate of 10% on more than 2 million Taka. The second option: 0.6% of all revenue. The actual tax rate is whichever is higher between the two options.
H. Sichuan New Hope Agriculture (Cambodia) Co., Ltd was subject to an enterprise income tax rate of 20% according to the local tax policies. When the aforesaid company distributes its profits, it is required to pay profit distribution tax at 14% of amount distributed.
I. New Hope Lanka (Pvt) Limited is subject to an income tax rate of 24% according to the local tax policies and was exempted from income tax in the early period of company construction and commissioning. The calculation method for tax exemption period is 2 years of construction period, 2 years of commissioning period and 5 years of tax holiday, i.e., the aforesaid company is exempted from income tax for 9 years since its inception. New Hope Lanka (Pvt) Limited was incorporated on November 18, 2010, and its commissioning period commenced from April 12, 2012, with the tax holiday expiring as from 2019. The bank deposit interest revenue in this company’s current profits is outside the scope of exemption of income tax, and the bank interest revenue is subject to an income tax rate of 24%, of which 5% is withheld by banks and the remaining part is payable by this company.
J. Myanmar New Hope Farms Co., Ltd is subject to an enterprise income tax rate of 25% according to the tax policies of Pegu Province of Myanmar. According to the related provisions of Myanmar National Taxation Administration and Myanmar Investment Commission, the Burmese company is exempted from enterprise income tax for 5 years starting from official production and sales operations as from January 1, 2018, and the tax holiday for the Burmese subsidiary is (from November 1, 2018 to October 31, 2023), of which 2020 is a period exempted from income tax.
K. New Hope Laos Co., Ltd is subject to an income tax rate of 8% and is exempted from income tax for 5 years starting with its first year of profit making according to the policies of Saysettha Development Zone. It was under preparation for establishment in 2013 and was officially put into operation in July 2014, with its tax holiday expiring in December 2020, pending application for tax halving for 2021.
L. New Hope Singapore Pte. Ltd is subject to an income tax rate of 5% with respect to its trade revenue involved in enterprise
income tax (DEI), and its preferential period is 5 years(2015/07/01-2020/06/30) +3 years (2020/07/01-2023/06/30), with the five years as the first phase, where the Economic Development Board (EDB) reassesses this company. Where interest and management fee revenue is involved, the company is subject to an income tax rate of 8% (FTC), with a preferential period of 5 years (2017/07/01-2022/06/30), and the company is exempted from withholding tax (withholding income tax on interest) in Singapore when paying interest expenses to overseas banking institutions and affiliates; the remaining related income is not entitled to the aforesaid preferences, and is subject to an income tax rate of 17%. When calculating, the first 10,000 Singapore dollars of taxable income are 75% exempted from income tax, the subsequent 190,000 Singapore dollars thereof are 50% exempted from income tax and the portion in excess of 200,000 Singapore dollars is not entitled to tax reduction or exemption.
M. New Hope International Holdings (Pte) Ltd, New Hope Asia Investment Pte. Ltd, New Hope Global Investment Pte. Ltd and New Hope Singapore Premix Ltd are subject to an enterprise income tax rate of 17%. When calculating, the first 10,000 Singapore dollars of taxable income are 75% exempted from income tax, the subsequent 190,000 Singapore dollars thereof are 50% exempted from income tax and the portion in excess of 200,000 Singapore dollars is not entitled to tax reduction or exemption.
N. New Hope South Africa Ltd is subject to an income tax rate of 28% according to the local tax policies in South Africa, where the tax authorities specify that the recoverable losses are not subject to the specified number of years.
O. New Hope Egypt Ltd and New Hope Agriculture (Egypt) Ltd were subject to an income tax rate of 22.5% in 2020 according the local tax policies. New Hope Alexander Ltd was put into operation in October 2017 and was subject to an income tax rate of 22.5% in 2020 according the local tax policies. New Hope Egypt Aquatic Technology Ltd was put into operation in April 2019 and was subject to an income tax rate of 22.5% in 2020 according to the local tax policies. New Hope Egypt Poultry Ltd’s revenue from its engagement in livestock farming, fishery, poultry breeding and bee production-related activities is exempted from enterprise income tax for 10 years of commencement date of its production activities according to Egyptian 2005 No. 91 Tax Law. This company was put into operation in December 2020.
P. New Hope Turkey Feed and Farming Food Import & Export and Industry Ltd is subject to an income tax rate of 22% according to local tax policies, whereby its current-year profits cover losses in the previous 5 years.
Q. New Hope Poland Ltd is subject to an income tax rate of 19% according to local tax policies.
R. New Hope Kolkata Animal Feed Private Ltd is subject to an income tax rate of 30% according to local tax policies, as well as 7% or 12% surcharges (additional 7% surcharge on annual revenue in excess of 10 million rupees and less than 100 million rupees, and 12% surcharge on annual revenue in excess of 100 million rupees).
S. New Hope Agro-technology Nigeria Ltd: according to Nigerian tax laws, the local income tax rate is 30%, and losses incurred by companies engaged in agricultural operations and trade may carry forward to the years after the loss-making tax years without limitations until the losses are covered in full.
T. New Hope Vinh Long Co., Ltd is subject to “tax exemption for 2 years and halved tax rate for 4 years” with respect to 20% of its taxable income from main business according to local tax preference policies, i.e., tax free for 2019-2020 and halved tax rate for 2021-2024 at 10%, while its income from non-main business (including net revenue from obsolete materials, net interest revenue and net non-business revenue and expenditures) is subject to distribution tax at the normal tax rate of 20%.
U. New Hope Binh Phuoc Livestock Co., Ltd is subject to “tax exemption for 2 years and halved tax rate for 4 years” with respect
to 20% of its taxable income from main business according to the local tax preference policies, i.e., tax free for 2018-2019 and halved tax rate for 2020-2023 at 10%, while its income from non-main business (including net revenue from obsolete materials, net interest revenue and net non-business revenue and expenditures) is subject to distribution tax at the normal tax rate of 20%.
V. New Hope Binh Dinh Livestock Co., Ltd is subject to “tax exemption for 3 years and halved tax rate for 3 years” with respect to 20% of its taxable income from main business according to the local tax preference policies, i.e., tax free for December 2017-November 2020 and halved tax rate for December 2020-November 2023 at 10%, while its income from non-main business (including net revenue from obsolete materials, net interest revenue and net non-business revenue and expenditures) is subject to distribution tax at the normal tax rate of 20%.
W. PT New Hope Medan, PT New Hope Jawa Timur, PT New Hope Indonesia, PT New Hope Indonesia Food, PT New Hope Indonesia Aquatic Feeds and PT Indonesia Corn Drying are subject to an income tax rate of 22% according to the local tax policies.
X. Apart from the aforesaid companies, all remaining majority-owned subsidiaries are subject to an income tax rate of 25%.
VII. Notes to items of consolidated financial statements
1. Cash at bank and on hand
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Cash on hand |
10,992,215.57 |
6,983,790.62 |
| Bank deposits |
7,955,960,859.39 |
5,352,809,447.26 |
| Other cash at bank and on hand |
832,311,281.24 |
417,386,340.99 |
| Total |
8,799,264,356.20 |
5,777,179,578.87 |
| Wherein: total amount deposited abroad |
408,651,819.20 |
449,011,193.65 |
| Total amount restricted from use due to mortgage, pledge or freeze |
290,045,457.64 |
84,847,337.96 |
Other remarks:
(1) Among the ending balance of other cash at bank and on hand, the balance of various margins was 290,045,457.64 Yuan, which is unreadily available due to restrictions on use, therefore it is presented in the cash at bank and on hand in the balance sheet, not as cash and equivalents in the cash flow statement.
(2) There were no momentary funds deposited abroad and the repatriation of which is restricted.
2. Held-for-trading financial assets
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Financial assets at fair value through profit or loss |
2,196,760.08 |
4,594,255.65 |
| Wherein: |
|
|
| Derivative financial assets |
2,196,760.08 |
4,594,255.65 |
| Wherein: |
|
|
| Total |
2,196,760.08 |
4,594,255.65 |
Other remarks:
(1) The derivative financial assets in the held-for-trading financial assets mainly consist of interest rate swaps and futures contracts purchased.
(2) There were no significant restrictions on sale or realization of various financial assets at fair value through profit or loss at the end of the period.
3. Notes receivable
(1) Notes receivable presented by category
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Bank acceptance bills |
11,847,000.00 |
29,850,000.00 |
| Commercial acceptance bills |
13,269,000.00 |
34,241,249.80 |
| Total |
25,116,000.00 |
64,091,249.80 |
□ applicable √ not applicable
(2) Notes receivable already endorsed or discounted by the company at the end of period and not yet expired at the balance sheet date
Unit: yuan
| Item |
Amount derecognized at the end of period |
Amount not derecognized at the end of period |
|---|
| Bank acceptance bills |
|
735,290,666.73 |
| Commercial acceptance bills |
|
5,232,522,574.62 |
| L/C |
|
120,971,940.00 |
| Negotiable credit certificate of accounts receivable |
|
24,112,500.00 |
| Total |
|
6,112,897,681.35 |
There were no notes receivable pledged or converted into accounts receivable due to the drawer’s inability to perform at the end of the period.
4. Accounts receivable
(1) Accounts receivable disclosed by category
Unit: yuan
| Category |
Ending balance |
|---|
| Book balance |
Bad debt provision |
Book value |
|---|
| Amount |
Proportion |
Amount |
Proportion accrued |
|---|
| Accounts receivable for which bad debt provision is accrued by individual item |
28,222,242.20 |
2.51% |
18,804,928.87 |
66.63% |
9,417,313.33 |
| Wherein: |
|
|
|
|
|
| Accounts receivable for which bad debt provision is accrued by portfolio |
1,096,453,569.49 |
97.49% |
240,529,911.99 |
21.94% |
855,923,657.50 |
| Wherein: |
|
|
|
|
|
| Total |
1,124,675,811.69 |
100.00% |
259,334,840.86 |
23.06% |
865,340,970.83 |
| Category |
Beginning balance |
|---|
| Book balance |
Bad debt provision |
Book value |
|---|
| Amount |
Proportion |
Amount |
Proportion accrued |
|---|
| Accounts receivable for which bad debt provision is accrued by individual item |
27,911,372.40 |
2.43% |
16,785,724.01 |
60.14% |
11,125,648.39 |
| Wherein: |
|
|
|
|
|
| Accounts receivable for which bad debt provision is accrued by portfolio |
1,120,700,688.97 |
97.57% |
237,776,169.44 |
21.22% |
882,924,519.53 |
| Wherein: |
|
|
|
|
|
| Total |
1,148,612,061.37 |
100.00% |
254,561,893.45 |
22.16% |
894,050,167.92 |
Bad debt provision accrued by individual item: accounts receivable for which bad debt provision is accrued beyond the company policy
Unit: yuan
| Name |
Ending balance |
|---|
| Book balance |
Bad debt provision |
Proportion accrued |
Reasons for accrual |
|---|
| CV.UNGGAS MAKMUR INDONESIA PERKASA |
6,850,061.81 |
3,217,938.57 |
46.98% |
By recoverable amount lower than book value |
| PT JANU PUTRA BAROKAL |
3,588,184.95 |
2,034,967.19 |
56.71% |
By recoverable amount lower than book value |
| FORTUNA FARM |
3,039,720.94 |
1,925,702.00 |
63.35% |
By recoverable amount lower than book value |
| CV UNGGAS MAKMUR INDONESIA PERKASO |
2,839,936.46 |
1,017,808.00 |
35.84% |
By recoverable amount lower |
|
|
|
|
than book value |
| DRH.H. BAGUS SETIABUDI |
2,073,762.29 |
2,073,762.29 |
100.00% |
By recoverable amount lower than book value |
| PT.SARANA UNGGAS SEJAHTERA |
1,837,182.30 |
1,391,917.90 |
75.76% |
By recoverable amount lower than book value |
| PT.SUMBER INTAN PERKASA |
1,594,454.99 |
1,525,116.81 |
95.65% |
By recoverable amount lower than book value |
| Zhao Jiu |
1,149,540.00 |
1,149,540.00 |
100.00% |
By recoverable amount lower than book value |
| Liu Quansheng |
1,045,000.00 |
1,045,000.00 |
100.00% |
By recoverable amount lower than book value |
| PT.INTI MITRA SUKSES |
759,710.40 |
505,374.06 |
66.52% |
By recoverable amount lower than book value |
| CV.WAHYU UNGGAS JAYA |
669,440.08 |
669,440.08 |
100.00% |
By recoverable amount lower than book value |
| Zhang Lina |
522,720.00 |
522,720.00 |
100.00% |
By recoverable amount lower than book value |
| PT.ARIH ERSADA JAYA |
427,763.42 |
427,763.42 |
100.00% |
By recoverable amount lower than book value |
| PT.MULYA USADHA LESTARI |
276,983.03 |
61,999.31 |
22.38% |
By recoverable amount lower than book value |
| HAIDAR PS |
254,220.68 |
195,358.99 |
76.85% |
By recoverable amount lower than book value |
| SAFARAZ PS |
240,422.44 |
64,873.69 |
26.98% |
By recoverable amount lower than book value |
| PT ARJUNA DAMAI LOSETA |
215,809.99 |
198,050.52 |
91.77% |
By recoverable amount lower than book value |
| CV.ISA MAJU JAYA |
187,854.74 |
187,854.74 |
100.00% |
By recoverable amount lower than book value |
| Kong Lingjie |
143,800.00 |
143,800.00 |
100.00% |
By recoverable amount lower than book value |
| KARUNIA BERKAH MAJU |
125,699.29 |
125,699.29 |
100.00% |
By recoverable amount lower than book value |
| CV.AGUNG MITRA SEJAHTERA |
114,827.25 |
111,097.44 |
96.75% |
By recoverable amount lower than book value |
| ABDI ALAM FARM |
111,380.58 |
55,378.01 |
49.72% |
By recoverable amount lower than book value |
| ARIFIN FARM |
99,166.56 |
99,166.56 |
100.00% |
By recoverable amount lower than book value |
| Liu Xiaotian |
54,600.00 |
54,600.00 |
100.00% |
By recoverable amount lower than book value |
| Total |
28,222,242.20 |
18,804,928.87 |
|
-- |
Bad debt provision accrued by portfolio: overseas accounts receivable for which bad debt provision is accrued by portfolio
Unit: yuan
| Name |
Ending balance |
|---|
| Book balance |
Bad debt provision |
Proportion accrued |
|---|
| Risk free |
30,985,392.20 |
0.00 |
0.00% |
| Low risk |
305,702,586.15 |
8,406,821.71 |
2.75% |
| Medium risk |
44,105,389.55 |
8,552,035.11 |
19.39% |
| High risk |
113,437,437.54 |
113,437,437.54 |
100.00% |
| Total |
494,230,805.44 |
130,396,294.36 |
-- |
Remarks on basis for determination of this portfolio
For accounts receivable classified as risk combination, the company prepares the table of comparison between ages of accounts receivable and expected credit loss rate during the entire existence and calculates the expected credit loss by reference to the historical credit loss experience and in light of the current situation and forecast future economic situation.
A. Accounts receivable of overseas companies
| No. |
Risk analysis |
Expected credit loss rate |
|---|
| A-1 |
Risk free |
0.00% |
| A-2 |
Low risk |
2.75% |
| A-3 |
Medium risk |
19.39% |
| A-4 |
High risk |
100.00% |
Bad debt provision accrued by portfolio: domestic accounts receivable for which bad debt provision is accrued by portfolio
Unit: yuan
| Name |
Ending balance |
|---|
| Book balance |
Bad debt provision |
Proportion accrued |
|---|
| Low risk |
439,815,512.27 |
5,761,586.02 |
1.31% |
| Lower risk |
62,256,190.05 |
4,220,969.88 |
6.78% |
| High risk |
100,151,061.73 |
100,151,061.73 |
100.00% |
| Total |
602,222,764.05 |
110,133,617.63 |
-- |
Remarks on basis for determination of this portfolio:
For accounts receivable classified as risk combination, the company prepares the table of comparison between ages of accounts receivable and expected credit loss rate during the entire existence and calculates the expected credit loss by reference to the historical credit loss experience and in light of the current situation and forecast future economic situation.
B. Accounts receivable of domestic companies
| No. |
Risk analysis |
Expected credit loss rate |
|---|
| B-1 |
Low risk |
1.31% |
| B-2 |
Lower risk |
6.78% |
| B-3 |
High risk |
100.00% |
Remarks on basis for determination of this portfolio
In case of bad debt provision for accounts receivable accrued by general model of expected credit loss, please disclose related information about bad debt provision by reference to the disclosure mode of other receivables.
□ applicable √ not applicable
Disclosure by age
Unit: yuan
| Age |
Book balance |
|---|
| Less than 1 year (inclusive) |
975,646,376.01 |
| Wherein: less than 6 months |
844,804,717.78 |
| 7-12 months |
130,841,658.23 |
| 1-2 years |
50,656,642.78 |
| 2-3 years |
25,876,438.38 |
| More than 3 years |
72,496,354.52 |
| 3-4 years |
13,468,030.51 |
| 4-5 years |
30,106,525.73 |
| More than 5 years |
28,921,798.28 |
| Total |
1,124,675,811.69 |
(2) Bad debt provision accrued, recovered or reversed in the current period
Bad debt provision accrued in the current period:
Unit: yuan
| Category |
Beginning balance |
Current change |
Ending balance |
|---|
| Accrued |
Recovered or reversed |
Charged off |
Others |
|---|
| Bad debt provision for |
254,561,893.45 |
91,166,037.30 |
57,211.34 |
74,362,757.44 |
12,087,543.79 |
259,334,840.86 |
| account receivables |
|
|
|
|
|
|
| Total |
254,561,893.45 |
91,166,037.30 |
57,211.34 |
74,362,757.44 |
12,087,543.79 |
259,334,840.86 |
Other current changes in bad debt provision:
(1) the bad debt provision was decreased by 4,256,675.41 Yuan due to changes in subsidiaries;
(2) the bad debt provision was increased by 7,830,868.38 Yuan due to changes in exchange rate;
(3) The company had no accounts receivable for which the bad debt provision was fully accrued or in large proportions before the current period but which were recovered or reversed in full or in large proportions and whose amounts were important in the current period.
(3) Accounts receivable actually charged off in the current period
Unit: yuan
| Item |
Amount charged off |
|---|
| Accounts receivable actually charged off |
74,362,757.44 |
Of them, important charge-off of accounts receivable:
Unit: yuan
| Name of entity |
Nature of accounts receivable |
Amount charged off |
Causes of charge-off |
Charge-off procedure performed |
Whether the amounts were incurred by related-party transaction |
|---|
| Fu Shijun |
Payments for goods |
30,133,942.77 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Jiangxi Jianhe Shanzhuang Industrial Co., Ltd |
Payments for goods |
4,349,827.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zeng Keming |
Payments for goods |
4,143,561.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Tianjin Carrefour Commerce Co., Ltd |
Payments for goods |
2,123,654.99 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| CV.MITRATAMA MUTIARA ABADI(MMA) |
Payments for goods |
1,980,913.17 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Jiangxi Shanzhuang Farming Co., Ltd |
Payments for goods |
1,164,486.74 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Ma. Teresa Dizon |
Payments for goods |
983,898.19 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Lucila Constantino |
Payments for goods |
944,179.90 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Dazhou Yuanmeng Eco-agriculture Co., Ltd |
Payments for goods |
770,195.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| PASCUA, LEEHUA LU |
Payments for goods |
722,043.52 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhangjiakou Jiajia Food Co., Ltd |
Payments for goods |
730,000.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Sun Keling |
Payments for goods |
661,637.55 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Jilin Jiujiangchao Group Co., Ltd |
Payments for goods |
640,398.80 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| RG CO.and LTD |
Payments for goods |
638,949.76 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Ma Hongjun |
Payments for goods |
621,259.85 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Xiao Junqi |
Payments for goods |
618,636.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Chengdu Pinghe Shop |
Payments for goods |
600,950.95 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Jilin Zhuoyue Industrial Co., Ltd |
Payments for goods |
600,000.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| RANCA KARYA FARM |
Payments for goods |
588,921.54 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Linlijia (Beijing) Trading Co., Ltd |
Payments for goods |
569,459.27 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| SUMBER MILIK FARM |
Payments for goods |
530,675.38 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| PT.SENA ALAM ANUGRAH (SAA) |
Payments for goods |
511,124.67 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zeng Shaozhong |
Payments for goods |
507,870.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| PRIMA FARM(DANNY PS GROUP |
Payments for goods |
505,761.43 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Pindou Catering Management (Beijing) Co., Ltd |
Payments for goods |
407,737.04 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wang Haiming |
Payments for goods |
406,172.01 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Xie Fangli |
Payments for goods |
366,108.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| MEGA 8 HOG FARM INC |
Payments for goods |
354,061.92 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| PUJA PS |
Payments for goods |
352,254.10 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| D-REYES FARM(Alex Tan) |
Payments for goods |
350,152.19 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| CV.ANSELL JAYA |
Payments for goods |
348,638.18 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Beijing Jinbaiwan Catering Management Co., Ltd |
Payments for goods |
322,706.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| JAYSON G MAGAT |
Payments for goods |
320,617.46 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wilson Bien |
Payments for goods |
306,521.75 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Tan Guangdong |
Payments for goods |
300,538.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| manuel padrigo |
Payments for goods |
297,010.32 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Huang Dongxing |
Payments for goods |
283,035.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Chen Jianhua |
Payments for goods |
280,936.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Guo Jianlin |
Payments for goods |
280,725.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zou Longyou |
Payments for goods |
275,127.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wannian Hongyun Zhongyang Farmers Cooperatives |
Payments for goods |
267,725.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Allan Cornejo |
Payments for goods |
253,220.06 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Gangze Garments (Hongze) Co., Ltd |
Payments for goods |
233,031.18 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Kang Hongmin |
Payments for goods |
207,307.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| M/S Asha Traders and Poultry Feed |
Payments |
206,175.08 |
Long time overdue, recognized |
Note |
No |
|
for goods |
|
as difficult to recover |
|
|
| Fan Xiaojian |
Payments for goods |
203,190.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| GANDA MEKAR PS |
Payments for goods |
202,407.75 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Others |
Payments for goods |
11,895,013.92 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Total |
-- |
74,362,757.44 |
-- |
-- |
-- |
Remarks on accounts receivable charged off
Note: for receivables that are indeed unrecoverable, individual charged-off amount of <0.5 million Yuan is submitted to the CFO, vice president and president of joint-stock company for approval after being approved by the tier-2 business unit; individual charged-off amount of ≥ 0.5 million Yuan is submitted to the chairman for approval.
(4) Top 5 accounts receivable in terms of ending balance pooled by debtor
Unit: yuan
| Name of entity |
Ending balance of accounts receivable |
Percentage of total ending balance of accounts receivable |
Ending balance of bad debt provision |
|---|
| Rizhao Shunjia Feed & Oils Co., Ltd |
42,878,804.87 |
3.81% |
561,712.35 |
| Nanjing Heda Food Co., Ltd |
26,309,974.18 |
2.34% |
26,309,974.18 |
| Beijing Jiaxin Hengtai Trade Co., Ltd |
25,183,183.65 |
2.24% |
25,183,183.65 |
| The 5th procurement service station of Joint Logistic Support Force |
22,276,782.00 |
1.98% |
291,825.84 |
| Shanghai Hema IoT Co., Ltd |
14,598,683.28 |
1.30% |
191,242.88 |
| Total |
131,247,427.98 |
11.67% |
|
5. Prepayments
(1) Prepayments presented by age
Unit: yuan
| Age |
Ending balance |
Beginning balance |
|---|
| Amount |
Proportion |
Amount |
Proportion |
|---|
| Within a year |
3,139,232,111.63 |
99.76% |
636,185,355.37 |
98.75% |
| 1-2 years |
7,469,736.90 |
0.24% |
6,076,375.21 |
0.94% |
| 2-3 years |
1,776.00 |
|
1,425,870.99 |
0.22% |
| More than 3 years |
|
|
565,021.39 |
0.09% |
| Total |
3,146,703,624.53 |
-- |
644,252,622.96 |
-- |
Remarks on causes of high-value prepayments aged over one year and not yet settled in time:
There were no important prepayments aged over 1 year at the end of period.
(2) Top five prepayments in terms of ending balance pooled by the subject of prepayments
The aggregate amount of top five prepayments in terms of ending balance pooled by subjects of prepayments was 1,300,760,613.23 Yuan, accounting for 41.34% of the total ending balance of prepayments.
6. Other receivables
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Interest receivable |
28,841,237.06 |
52,735,123.47 |
| Other receivables |
435,509,229.97 |
293,773,294.40 |
| Total |
464,350,467.03 |
346,508,417.87 |
(1) Interest receivable
1) Interest receivable by category
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Time deposits |
28,841,237.06 |
52,735,123.47 |
| Total |
28,841,237.06 |
52,735,123.47 |
There was no interest overdue and unrecovered among the ending balance of interest receivable.
3) Bad debt provision accrued
□ applicable √ not applicable
(2) Other receivables
1) Other receivables categorized by nature of amount
Unit: yuan
| Nature of amount |
Ending book balance |
Beginning book balance |
|---|
| Petty cash |
21,510,090.91 |
12,681,464.94 |
| Margin |
73,574,655.10 |
47,887,657.12 |
| Deposit |
155,909,050.23 |
20,566,767.04 |
| Temporary borrowings |
285,967,292.27 |
195,667,332.90 |
| Others |
20,865,767.41 |
47,560,410.91 |
| Advances |
101,496,406.93 |
190,452,236.99 |
| Total |
659,323,262.85 |
514,815,869.90 |
2) Bad debt provision accrued
Unit: yuan
| Bad debt provision |
Phase 1 |
Phase 2 |
Phase 3 |
Total |
|---|
| Expected credit loss in the next 12 months |
Expected credit loss during entire existence (without credit impairment) |
Expected credit loss during entire existence (with credit impairment) |
|---|
| Balance as of January 1, 2020 |
|
53,075,279.44 |
167,967,296.06 |
221,042,575.50 |
| Balance as of January 1, 2020 in the current period |
----- |
----- |
----- |
----- |
| -transferred to phase 3 |
|
-42,473,295.74 |
42,473,295.74 |
0.00 |
| Accrued in the current period |
|
29,514,257.85 |
|
29,514,257.85 |
| Charged off in the current period |
|
|
45,198,377.99 |
45,198,377.99 |
| Other changes |
|
215,595.43 |
18,239,982.09 |
18,455,577.52 |
| Balance as of December 31, 2020 |
|
40,331,836.98 |
183,482,195.90 |
223,814,032.88 |
Changes in book balance with respect to which current changes in the loss provision are significant
□ applicable √ not applicable
Disclosure by age
Unit:
| Age |
Book balance |
|---|
| Less than 1 year (inclusive) |
389,942,563.81 |
| 1-2 years |
52,996,419.23 |
| 2-3 years |
68,437,752.44 |
| More than 3 years |
147,946,527.37 |
| 3-4 years |
36,019,813.09 |
| 4-5 years |
19,354,036.48 |
| More than 5 years |
92,572,677.80 |
| Total |
659,323,262.85 |
3) Bad debt provision accrued, recovered or reversed in the current period
Bad debt provision accrued in the current period:
Unit: yuan
| Category |
Beginning balance |
Current change |
Ending balance |
|---|
| Accrued |
Recovered or reversed |
Charged off |
Others |
|---|
| Bad debt provision for other receivables |
221,042,575.50 |
29,514,257.85 |
|
45,198,377.99 |
-18,455,577.52 |
223,814,032.88 |
| Total |
221,042,575.50 |
29,514,257.85 |
|
45,198,377.99 |
-18,455,577.52 |
223,814,032.88 |
The company’s bad debt provision for other receivables was 221,042,575.50 Yuan at the end of the previous year, and bad debt provision accrued in the current period was 29,514,257.85 Yuan; The bad debt provision was increased by 866,921.50 Yuan due to changes in subsidiaries; the bad debt provision was decreased by 651,326.07 Yuan due to changes in exchange rate; other receivables for which the bad debt provision was fully accrued or in large proportions by the company before the current period but which were recovered or reversed in full or in large proportions in the current period were 18,239,982.09 Yuan.
4) Other receivables actually charged off in the current period
Unit: yuan
| Item |
Amount charged off |
|---|
| Other receivables actually charged off |
45,198,377.99 |
Of them, important other receivables charged off:
Unit: yuan
| Name of entity |
Nature of other receivables |
Amount charged off |
Causes of charge-off |
Charge-off procedure performed |
Whether the amounts were incurred by related-party transaction |
|---|
| Shouguang Yinong Livestock and Poultry Breeding Specialized Cooperatives |
Current accounts |
3,819,603.22 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Gao Qingguo |
Current accounts |
1,838,477.21 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Yang Huajun |
Current accounts |
1,240,217.69 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Hu Keling |
Current accounts |
1,050,372.01 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhang Rongguang |
Current accounts |
1,016,349.13 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Yang Lei |
Current accounts |
985,324.19 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Guo Baofu |
Current |
961,420.16 |
Long time overdue, recognized |
Note |
No |
|
accounts |
|
as difficult to recover |
|
|
| Li Bingbing |
Current accounts |
927,274.79 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wang Xiuyun |
Current accounts |
889,256.53 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhu Rong |
Current accounts |
822,503.32 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Li Laijun |
Current accounts |
780,568.06 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wei Shouqun |
Current accounts |
745,017.12 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhang Hualei |
Current accounts |
730,936.82 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zheng Hao |
Current accounts |
722,751.91 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Yu Longchen |
Current accounts |
722,067.46 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Ma Xuelan |
Current accounts |
535,259.83 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wu Chengbo |
Current accounts |
528,468.94 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Niu Jingjing |
Current accounts |
524,382.67 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Shi Jing |
Current accounts |
519,135.45 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Li Guomin |
Current accounts |
500,463.74 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Yang Xiaodan |
Current accounts |
483,673.14 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Jiangxi Mingyuan Industrial Development Co., Ltd |
Current accounts |
480,000.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhanjiang Luyue Grains & Oils Co., Ltd |
Current accounts |
466,232.32 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Yang Zhonghua |
Current accounts |
454,415.68 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wang Pugang |
Current accounts |
451,660.06 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Li Chunfeng |
Current accounts |
428,266.24 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Xu Fuyu |
Current accounts |
424,207.57 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Qiu Dechun |
Current accounts |
422,421.91 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Sun Yuliang |
Current accounts |
421,780.03 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Beijing Shunyi Gas Co., Ltd |
Current accounts |
419,416.90 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhu Wenhao |
Current accounts |
404,302.30 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Meng Xiangjuan |
Current accounts |
389,113.17 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wang Weilin |
Current accounts |
385,967.72 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhang Yunfei |
Current accounts |
378,214.60 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wang Wenbo |
Current accounts |
377,061.55 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Dong Yucheng |
Current accounts |
376,861.06 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Tian Wenzhi |
Current accounts |
365,278.39 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wang Lianrui |
Current accounts |
363,295.08 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Government of Kuancheng Manchu Autonomous County |
Current accounts |
353,786.90 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Xing Xiang |
Current accounts |
349,150.98 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Xu Yihua |
Current accounts |
335,904.88 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Chen Xuchang |
Current accounts |
324,195.43 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhecheng County Animal Health Supervision Office |
Current accounts |
321,922.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Li Yuqiang |
Current accounts |
317,065.60 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Li Keliang |
Current accounts |
313,388.54 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Xue Ke |
Current accounts |
304,086.39 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Fan Liguo |
Current accounts |
297,323.40 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Zhang Cunxiao |
Current accounts |
292,992.57 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Lin Fei |
Current accounts |
290,981.79 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wang Guangping |
Current accounts |
289,360.05 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Jing Puhua |
Current accounts |
265,154.79 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Gu Jie |
Current accounts |
264,676.53 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Jin Guancheng |
Current accounts |
249,189.82 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Yin Junwei |
Current accounts |
243,805.78 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Xu Yuanliang |
Current accounts |
234,493.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| rambi |
Current accounts |
232,477.90 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Tan Hui |
Current accounts |
227,408.41 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Lian Wenli |
Current accounts |
226,022.06 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Yun Jianbin |
Current accounts |
218,515.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Ma Xuebao |
Current accounts |
217,104.49 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Hu Junting |
Current accounts |
216,248.62 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Liu Huanqiang |
Current |
215,632.21 |
Long time overdue, recognized |
Note |
No |
|
accounts |
|
as difficult to recover |
|
|
| Ke Dongmei |
Current accounts |
209,656.25 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Wang Xinghu |
Current accounts |
202,000.00 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Yang Zhongqin |
Current accounts |
201,661.16 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Many others |
Current accounts |
10,632,155.47 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Total |
-- |
45,198,377.99 |
-- |
-- |
-- |
Remarks on other receivables charged off:
For receivables that are indeed unrecoverable, individual charged-off amount of <0.5 million Yuan is submitted to the CFO, vice president and president of joint-stock company for approval after being approved by the tier-2 business unit; individual charged-off amount of ≥ 0.5 million Yuan is subject to the president for approval.
5) Top 5 other receivables in terms of ending balance pooled by debtor
Unit: yuan
| Name of entity |
Nature of amount |
Ending balance |
Age |
Percentage of total ending balance of other receivables |
Ending balance of bad debt provision |
|---|
| Guangzhou Guwang Feed Co., Ltd |
Current accounts |
29,200,000.00 |
Within a year |
4.43% |
1,474,600.00 |
| Qingdao Liuqing Livestock and Poultry Breeding Specialized Cooperatives |
Current accounts |
25,628,000.00 |
Within 1 year, 2-3 years and 3-4 years |
3.89% |
25,628,000.00 |
| China Securities Depository and Clearing Co., Ltd Shenzhen Branch |
Current accounts |
25,004,655.18 |
Within a year |
3.79% |
1,262,735.09 |
| Jiuzhaigou Plateau Food Co., Ltd |
Current accounts |
21,771,557.57 |
Within 1 year, 1-2 years, 2-3 years, 3-4 years, 4-5 years, and over 5 years |
3.30% |
21,616,893.28 |
| Wuxiang Lvnong Farming Technology Co., Ltd Breeding Branch |
Current accounts |
21,517,728.13 |
Within 1 year, 1-2 years and 2-3 years |
3.26% |
21,517,728.13 |
| Total |
-- |
123,121,940.88 |
-- |
18.67% |
71,499,956.50 |
7. Inventories
Whether the company is required to comply with disclosure requirements for real estate industry
No
(1) Inventory by category
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Book balance |
Inventory revaluation reserve or contract performance cost impairment provision |
Book value |
Book balance |
Inventory revaluation reserve or contract performance cost impairment provision |
Book value |
|---|
| Raw materials |
4,381,580,324.70 |
8,121,734.58 |
4,373,458,590.12 |
3,359,848,837.73 |
8,271,896.46 |
3,351,576,941.27 |
| Products in progress |
225,249,137.74 |
16,513,823.65 |
208,735,314.09 |
111,157,928.52 |
29,806,324.46 |
81,351,604.06 |
| Goods in stock |
3,281,595,029.92 |
45,370,018.38 |
3,236,225,011.54 |
2,027,326,870.85 |
73,939,751.26 |
1,953,387,119.59 |
| Revolving materials |
84,959,243.65 |
215,720.63 |
84,743,523.02 |
47,824,960.38 |
533,806.79 |
47,291,153.59 |
| Consumptive biological assets |
7,584,503,960.86 |
|
7,584,503,960.86 |
3,781,677,394.33 |
32,439,396.78 |
3,749,237,997.55 |
| Goods shipped |
|
|
|
7,057,815.49 |
|
7,057,815.49 |
| Packaging materials |
126,734,392.35 |
1,456,778.39 |
125,277,613.96 |
99,761,581.40 |
1,966,037.82 |
97,795,543.58 |
| Low-value consumables |
36,499,640.05 |
|
36,499,640.05 |
12,017,179.42 |
|
12,017,179.42 |
| Outsourced processed materials |
291,748.62 |
|
291,748.62 |
8,096,772.34 |
|
8,096,772.34 |
| Total |
15,721,413,477.89 |
71,678,075.63 |
15,649,735,402.26 |
9,454,769,340.46 |
146,957,213.57 |
9,307,812,126.89 |
(2) Inventory revaluation reserve or contract performance cost impairment provision
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| Accrued |
Others |
Reversed or written off |
Others |
|---|
| Raw materials |
8,271,896.46 |
1,682,929.32 |
|
1,531,826.63 |
301,264.57 |
8,121,734.58 |
| Products in progress |
29,806,324.46 |
22,021,061.06 |
|
35,313,561.87 |
|
16,513,823.65 |
| Goods in stock |
73,939,751.26 |
39,699,511.04 |
|
68,269,243.92 |
|
45,370,018.38 |
| Revolving materials |
533,806.79 |
|
|
262,538.81 |
55,547.35 |
215,720.63 |
| Consumptive biological assets |
32,439,396.78 |
5,676,387.64 |
19,820.56 |
38,135,604.98 |
|
|
| Packaging materials |
1,966,037.82 |
1,039,669.03 |
|
1,512,096.09 |
36,832.37 |
1,456,778.39 |
| Total |
146,957,213.57 |
70,119,558.09 |
19,820.56 |
145,024,872.30 |
393,644.29 |
71,678,075.63 |
Details of inventory revaluation reserve:
| Item |
Specific basis for accrual of inventory revaluation reserve |
Causes of current reversal |
Causes of current write-off |
| Raw materials |
Net realizable value lower than book value |
Price rebound |
Requisitioned for production in the current period |
| Packaging materials |
Net realizable value lower than book value |
Price rebound |
Requisitioned for production in the current period |
| Products in progress |
Net realizable value lower than book value |
Price rebound |
Requisitioned for production in the current period |
| Goods in stock |
Net realizable value lower than book value |
Price rebound |
Sold in the current period |
| Revolving materials |
|
|
Requisitioned for production in the current period |
| Consumptive biological assets |
Net realizable value lower than book value |
Price rebound |
Sold in the current period |
8. Other current assets
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| VAT input tax to be deducted |
46,975,246.66 |
77,175,038.97 |
| Taxes prepaid |
52,003,422.70 |
52,843,101.51 |
| Others |
2,055,376.79 |
10,046,119.14 |
| Total |
101,034,046.15 |
140,064,259.62 |
Total 101,034,046.15 140,064,259.62 Other remarks:
The “others” item mainly consists of the feed amounts prepaid for cooperative pig farming by an indirectly majority-owned subsidiary of the company, i.e. Daqing Liuhe Feed Co., Ltd.
9. Long-term equity investments
Unit: yuan
| Investee |
Beginning balance (book value) |
Current increase or decrease |
Ending balance (book value) |
Ending balance of impairment provision |
| Additional investment |
Reduced investment |
Profit or loss on investment recognized under equity method |
Adjustment for other comprehensive income |
Other equity changes |
Cash dividends or profits declared for distribution |
Impairment provision accrued |
Others |
| I. Joint ventures |
|---|
| Taishan Jiaxin Logistics Co., Ltd |
|
|
|
|
|
|
|
|
|
|
|
| Beijing Meihao Meideling Food Co., Ltd |
71,700,433.94 |
|
|
-7,638,770.56 |
|
|
|
|
|
64,061,663.38 |
|
| Anhui Xinqiao Down Co., Ltd |
28,802,497.60 |
|
|
-6,446,318.55 |
|
|
|
|
|
22,356,179.05 |
|
| Yan’an Xinyongxiang Technology Co., Ltd |
22,387,708.94 |
|
|
20,373,308.96 |
|
|
|
|
|
42,761,017.90 |
|
| Guangdong Hope No. 1 Equity Investment Partnreship (LP) |
600,068,805.66 |
|
|
-16,691,911.28 |
|
|
|
|
|
583,376,894.38 |
|
| Shenyang New Hope New Agricultural Industry Fund Partnership (LP) |
|
700,900,000.00 |
|
-5,885,353.98 |
|
|
|
|
|
695,014,646.02 |
|
| Hainan Nongken New Hope Farming Technology Co., Ltd |
|
49,000,000.00 |
|
-3,543,888.96 |
|
|
|
|
|
45,456,111.04 |
|
| Zhanjiang Guangken Xinhao Farming Co., Ltd |
|
89,654,320.00 |
|
-817,157.52 |
|
|
|
|
|
88,837,162.48 |
|
| Shandong Gongrong New Hope Equity Investment Fund |
|
301,000,000.00 |
|
|
|
|
|
|
|
301,000,000.00 |
|
| Partnership (LP) |
|
|
|
|
|
|
|
|
|
|
|
| Subtotal |
722,959,446.14 |
1,140,554,320.00 |
|
-20,650,091.89 |
|
|
|
|
|
1,842,863,674.25 |
|
| II. Affiliated enterprises |
|---|
| China Minsheng Bank |
19,253,326,942.05 |
|
|
1,351,697,071.00 |
-170,209,684.00 |
334,072.00 |
676,481,123.94 |
|
|
19,758,667,277.11 |
|
| Guangzhou Chimian Co., Ltd |
3,323,282.24 |
|
|
-49,604.95 |
|
|
|
|
|
3,273,677.29 |
|
| NHE (Beijing) Technology Co., Ltd |
8,860,560.94 |
|
|
150,826.37 |
|
|
|
|
|
9,011,387.31 |
|
| Qianxinan Hope Farming Co., Ltd |
10,809,853.08 |
|
|
1,141,089.81 |
|
|
|
|
|
11,950,942.89 |
|
| Hebei Kinghey Sausage Casings Co., Ltd |
4,972,000.00 |
|
|
-863,406.42 |
|
|
944,750.00 |
|
|
3,163,843.58 |
|
| New Hope Finance Co., Ltd |
621,155,077.63 |
|
|
70,277,531.70 |
|
|
|
|
|
691,432,609.33 |
|
| Zhejiang Dingyu Food Co., Ltd |
152,319,303.39 |
|
157,512,100.83 |
5,192,797.44 |
|
|
|
|
|
|
|
| Shanghai Dingyu Food Co., Ltd |
9,861,189.43 |
|
10,511,204.89 |
650,015.46 |
|
|
|
|
|
|
|
| Qingdao Ganghang United Commodity Exchange Co., Ltd |
302,049.27 |
|
301,913.53 |
-135.74 |
|
|
|
|
|
|
|
| Nanjing Heda Food Co., Ltd |
|
|
|
|
|
|
|
|
|
|
|
| Qingdao Big Herdsman Machinery Co., Ltd |
191,217,398.93 |
|
|
86,706,632.87 |
|
517,622.63 |
51,750,000.00 |
|
|
226,691,654.43 |
|
| Anhui Xinhua Ducks Co., Ltd |
2,771,161.76 |
|
|
-11,781.20 |
|
|
|
|
|
2,759,380.56 |
|
| Shanghai Liuhe Qinqiang Food Co., Lt d |
45,459,304.68 |
|
|
-438,597.39 |
|
|
|
|
|
45,020,707.29 |
|
| Beijing CERES Agricultural Development Co., |
400,000.00 |
|
|
|
|
|
|
|
|
400,000.00 |
|
| Ltd |
|
|
|
|
|
|
|
|
|
|
|
| Shandong Hypor Liuhe Breeding Co., Ltd |
26,136,450.00 |
|
|
1,809,450.00 |
|
|
|
|
|
27,945,900.00 |
|
| Anhui Antai Agricultural Development Co., Ltd |
46,494,108.67 |
|
|
13,358,103.89 |
|
|
|
|
|
59,852,212.56 |
|
| Zhejiang Youyi Food Co., Ltd |
4,403,531.96 |
|
4,681,070.60 |
277,538.64 |
|
|
|
|
|
|
|
| Chongqing DPH Network Technology Co., Ltd |
17,012,689.01 |
|
17,012,689.01 |
|
|
|
|
|
|
|
|
| Nantong Yunfan Network Technology Co., Ltd |
|
17,012,689.01 |
|
-8,826,189.80 |
|
10,860,574.74 |
|
|
|
19,047,073.95 |
|
| Subtotal |
20,398,824,903.04 |
17,012,689.01 |
190,018,978.86 |
1,521,071,341.68 |
-170,209,684.00 |
11,712,269.37 |
729,175,873.94 |
|
|
20,859,216,666.30 |
|
| Total |
21,121,784,349.18 |
1,157,567,009.01 |
190,018,978.86 |
1,500,421,249.79 |
-170,209,684.00 |
11,712,269.37 |
729,175,873.94 |
|
|
22,702,080,340.55 |
|
Other remarks
Note: As the net assets of Nanjing Heda Food Co., Ltd and Taishan Jiaxin Logistics Co., Ltd have become negative, the company wrote the investment cost down to 0 by accounting for under the equity method.
10. Investments in other equity instruments
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Minsheng Life Insurance Co., Ltd |
211,196,000.00 |
211,196,000.00 |
| Sinograin Laizhou Fenghe Logistics Co., Ltd |
10,000,000.00 |
10,000,000.00 |
| Ziyang Agricultural Industrialization Credit Guarantee Co., Ltd |
4,500,000.00 |
4,500,000.00 |
| Zhucheng Liuhe Oriental Food Co., Ltd |
5,028,001.10 |
5,028,001.10 |
| Beijing Baiyitong Technology Co., Ltd |
21,970,000.00 |
21,970,000.00 |
| HEcom (Beijing) Technology Co., Ltd |
10,596,503.84 |
10,596,503.84 |
| Shaanxi Yangling Rural Commercial Bank Co., Ltd |
7,020,000.00 |
7,020,000.00 |
| Hebei Xingda Feed Group Co., Ltd |
32,901,236.10 |
32,901,236.10 |
| Guobao Life Insurance Co., Ltd |
15,000,000.00 |
15,000,000.00 |
| Fengshun New Hope Biotechnology Co., Ltd |
65,086.44 |
65,086.44 |
| Meigu Arsha Planting & Farming Specialized Cooperatives |
2,000,000.00 |
|
| Total |
320,276,827.48 |
318,276,827.48 |
Current non-trading equity instrument investments disclosed by item
Unit: yuan
| Project name |
Dividend income recognized |
Accumulated earnings |
Accumulated losses |
Amount of other comprehensive income transferred to retained earnings |
Reasons for being designated as at fair value and through other comprehensive income |
Reasons for transferring other comprehensive income to retained earnings |
| Minsheng Life Insurance Co., Ltd |
|
|
|
|
Note |
|
| Sinograin Laizhou Fenghe Logistics Co., Ltd |
|
|
|
|
Note |
|
| Ziyang Agricultural Industrialization Credit Guarantee Co., Ltd |
|
|
|
|
Note |
|
| Zhucheng Liuhe Oriental Food Co., Ltd |
|
|
|
|
Note |
|
| Beijing Baiyitong Technology Co., Ltd |
|
|
|
|
Note |
|
| HEcom (Beijing) Technology Co., Ltd |
|
|
|
|
Note |
|
| Shaanxi Yangling Rural Commercial Bank Co., Ltd |
560,000.00 |
|
|
|
Note |
|
| Hebei Xingda Feed Group Co., Ltd |
|
|
|
|
Note |
|
| Guobao Life Insurance Co., Ltd |
|
|
|
|
Note |
|
| Fengshun New Hope Biotechnology Co., Ltd |
|
|
|
|
Note |
|
| Meigu Arsha Planting & Farming Specialized Cooperatives |
|
|
|
|
Note |
|
| Total |
560,000.00 |
|
|
|
|
|
Other remarks:
Note: The equity investment investments of the company and its subsidiaries are investments planned by the company and its subsidiaries to hold in long term for strategic purposes, therefore the company and its subsidiaries designate them as financial assets at fair value and through other comprehensive income on the date of first adoption of new financial instrument standards.
11. Investment properties
（1） Investment properties measured at cost
√ applicable □ not applicable
Unit: yuan
| Item |
Houses and buildings |
Land use right |
Construction in progress |
Total |
|---|
| I. Book value |
|
|
|
|
| 1. Beginning balance |
695,836.80 |
|
|
695,836.80 |
| 2. Current increase |
|
|
|
|
| (1) Purchased |
|
|
|
|
| (2) Transferred from inventory/fixed assets/construction in progress |
|
|
|
|
| (3) Increase due to business combination |
|
|
|
|
| 3. Current decrease |
|
|
|
|
| (1) Disposal |
|
|
|
|
| (2) Other transfer-out |
|
|
|
|
| 4. Ending balance |
695,836.80 |
|
|
695,836.80 |
| II. Accumulated depreciation and accumulated amortization |
|
|
|
|
| 1. Beginning balance |
314,699.11 |
|
|
314,699.11 |
| 2. Current increase |
16,492.65 |
|
|
16,492.65 |
| (1) Depreciated or amortized |
16,492.65 |
|
|
16,492.65 |
| 3. Current decrease |
|
|
|
|
| (1) Disposal |
|
|
|
|
| (2) Other transfer-out |
|
|
|
|
| 4. Ending balance |
331,191.76 |
|
|
331,191.76 |
| III. Impairment provision |
|
|
|
|
| 1. Beginning balance |
|
|
|
|
| 2. Current increase |
|
|
|
|
| (1) Accrued |
|
|
|
|
| 3. Current decrease |
|
|
|
|
| (1) Disposal |
|
|
|
|
| (2) Other transfer-out |
|
|
|
|
| 4. Ending balance |
|
|
|
|
| IV. Book value |
|
|
|
|
| 1. Ending book value |
364,645.04 |
|
|
364,645.04 |
| 2. Beginning book value |
381,137.69 |
|
|
381,137.69 |
(2) Investment properties measured at fair value
□ applicable √ not applicable
12. Fixed assets
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Fixed assets |
28,860,864,031.09 |
13,821,369,956.62 |
| Disposal of fixed assets |
145,324.07 |
3,732,313.16 |
| Total |
28,861,009,355.16 |
13,825,102,269.78 |
(1) Fixed assets
Unit: yuan
| Item |
Houses and buildings |
Machinery and equipment |
Transport equipment |
Others |
Total |
|---|
| I. Original book value: |
|
|
|
|
|
| 1. Beginning balance |
10,683,491,687.37 |
7,696,734,993.31 |
375,088,684.21 |
675,989,082.54 |
19,431,304,447.43 |
| 2. Current increase |
10,503,497,517.35 |
5,374,446,680.65 |
507,292,704.62 |
504,210,589.11 |
16,889,447,491.73 |
| (1) Purchased |
293,018,518.22 |
564,555,860.48 |
506,659,752.76 |
339,152,390.82 |
1,703,386,522.28 |
| (2) Transferred from construction in progress |
9,640,294,612.94 |
4,707,010,695.34 |
200,268.08 |
62,609,470.48 |
14,410,115,046.84 |
| (3) Increase due to business combination |
568,509,768.43 |
101,754,239.66 |
341,217.69 |
102,360,493.54 |
772,965,719.32 |
| (4) Exchange rate changes |
1,674,617.76 |
1,125,885.17 |
91,466.09 |
88,234.27 |
2,980,203.29 |
| (5) Other increases |
|
|
|
|
|
| 3. Current decrease |
281,858,521.16 |
265,138,211.09 |
26,076,230.26 |
44,234,862.70 |
617,307,825.21 |
| (1) Disposed or scrapped |
156,490,024.04 |
175,216,685.96 |
20,922,035.50 |
36,562,530.98 |
389,191,276.48 |
| (2) Decrease in subsidiaries |
13,572,318.02 |
4,924,573.88 |
357,093.85 |
3,527,629.93 |
22,381,615.68 |
| (3) Exchange rate changes |
111,796,179.10 |
84,996,951.25 |
4,797,100.91 |
4,144,701.79 |
205,734,933.05 |
| (4) Other decreases |
|
|
|
|
|
| 4. Ending balance |
20,905,130,683.56 |
12,806,043,462.87 |
856,305,158.57 |
1,135,964,808.95 |
35,703,444,113.95 |
| II. Accumulated depreciation |
|
|
|
|
|
| 1. Beginning balance |
1,964,578,845.67 |
3,007,878,454.54 |
165,731,522.52 |
383,344,425.03 |
5,521,533,247.76 |
| 2. Current increase |
715,179,147.37 |
635,008,506.00 |
70,835,154.18 |
120,674,767.30 |
1,541,697,574.85 |
| (1) Accrued |
683,582,669.22 |
628,884,143.99 |
70,815,564.62 |
99,163,566.73 |
1,482,445,944.56 |
| (2) Increase due to business combination |
31,539,960.74 |
6,009,627.04 |
8,293.46 |
21,494,505.15 |
59,052,386.39 |
| (3) Exchange rate changes |
56,517.41 |
114,734.97 |
11,296.10 |
16,695.42 |
199,243.90 |
| (4) Other increases |
|
|
|
|
|
| 3. Current decrease |
106,382,717.77 |
144,678,317.38 |
17,202,102.24 |
24,849,680.67 |
293,112,818.06 |
| (1) Disposed or scrapped |
88,523,375.73 |
122,283,370.01 |
14,561,781.02 |
19,692,632.84 |
245,061,159.60 |
| (2) Decrease in subsidiaries |
3,133,058.61 |
2,834,494.69 |
313,241.70 |
3,237,627.60 |
9,518,422.60 |
| (3) Exchange rate changes |
14,726,283.43 |
19,560,452.68 |
2,327,079.52 |
1,919,420.23 |
38,533,235.86 |
| (4) Other decreases |
|
|
|
|
|
| 4. Ending balance |
2,573,375,275.27 |
3,498,208,643.16 |
219,364,574.46 |
479,169,511.66 |
6,770,118,004.55 |
| III. Impairment provision |
|
|
|
|
|
| 1. Beginning balance |
57,834,419.74 |
29,342,642.75 |
132,406.60 |
1,091,773.96 |
88,401,243.05 |
| 2. Current increase |
|
|
|
|
|
| (1) Accrued |
|
|
|
|
|
| (2) Increase due to business combination |
|
|
|
|
|
| (3) Other increases |
|
|
|
|
|
| 3. Current decrease |
10,437,570.47 |
5,223,437.09 |
25,288.36 |
252,868.82 |
15,939,164.74 |
| (1) Disposed or scrapped |
10,437,570.47 |
5,069,314.30 |
25,288.36 |
252,868.82 |
15,785,041.95 |
| (2) Decrease in subsidiaries |
|
|
|
|
|
| (3) Decrease due to exchange rate changes |
|
154,122.79 |
|
|
154,122.79 |
| 4. Ending balance |
47,396,849.27 |
24,119,205.66 |
107,118.24 |
838,905.14 |
72,462,078.31 |
| IV. Book value |
|
|
|
|
|
| 1. Ending book value |
18,284,358,559.02 |
9,283,715,614.05 |
636,833,465.87 |
655,956,392.15 |
28,860,864,031.09 |
| 2. Beginning book value |
8,661,078,421.96 |
4,659,513,896.02 |
209,224,755.09 |
291,552,883.55 |
13,821,369,956.62 |
(2) Fixed assets temporarily idle
Unit: yuan
| Item |
Original book value |
Accumulated depreciation |
Impairment provision |
Book value |
Remarks |
|---|
| Houses and buildings |
110,079,060.04 |
52,566,864.83 |
24,667,170.04 |
32,845,025.17 |
|
| Machinery and equipment |
85,660,490.59 |
68,199,394.26 |
9,156,447.31 |
8,304,649.02 |
|
| Others |
5,384,623.99 |
4,894,969.99 |
349,524.27 |
140,129.73 |
|
| Total |
201,124,174.62 |
125,661,229.08 |
34,173,141.62 |
41,289,803.92 |
|
(3) Fixed assets leased under financial leasing
Unit: yuan
| Item |
Original book value |
Accumulated depreciation |
Impairment provision |
Book value |
|---|
| Machinery and equipment |
20,000,000.00 |
5,646,724.50 |
|
14,353,275.50 |
| Total |
20,000,000.00 |
5,646,724.50 |
|
14,353,275.50 |
(4) Fixed assets leased under operating lease
Unit: yuan
| Item |
Ending book value |
|---|
| General office buildings and production equipment |
311,317,521.65 |
| Total |
311,317,521.65 |
(5) Fixed assets with title certificate pending
Unit: yuan
| Item |
Book value |
Reasons for pendency of title certificate |
|---|
| Self-built houses on self-owned land |
978,853,665.74 |
Filling and completion formalities to be perfected |
| Self-built houses on leased land |
9,934,109,249.14 |
Title cannot be secured for leased land |
| Houses with title transfer pending |
34,214,727.72 |
|
| Others |
1,610,258.38 |
Dilapidated houses |
| Total |
10,948,787,900.98 |
|
Other remarks
(6)Disposal of fixed assets
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Disposal of equipment |
145,324.07 |
47,020.15 |
| Disposal of real estate |
|
3,685,293.01 |
| Total |
145,324.07 |
3,732,313.16 |
Other remarks
13. Construction in progress
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Construction in progress |
11,006,224,010.53 |
4,744,292,857.26 |
| Engineering materials |
242,478.73 |
1,666,417.60 |
| Total |
11,006,466,489.26 |
4,745,959,274.86 |
(1) Construction in progress
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Book balance |
Impairment provision |
Book value |
Book balance |
Impairment provision |
Book value |
|---|
| Feed mill reconstruction and expansion projects |
718,188,623.93 |
|
718,188,623.93 |
488,236,307.41 |
|
488,236,307.41 |
| Food processing plant reconstruction and expansion project |
229,272,318.21 |
|
229,272,318.21 |
132,580,511.36 |
|
132,580,511.36 |
| Breeding company reconstruction and expansion project |
9,996,088,967.51 |
3,260,194.00 |
9,992,828,773.51 |
4,124,406,313.53 |
3,247,978.90 |
4,121,158,334.63 |
| Others |
66,234,684.88 |
300,390.00 |
65,934,294.88 |
2,618,093.86 |
300,390.00 |
2,317,703.86 |
| Total |
11,009,784,594.53 |
3,560,584.00 |
11,006,224,010.53 |
4,747,841,226.16 |
3,548,368.90 |
4,744,292,857.26 |
(2) Current changes in important construction in progress
Unit: yuan
| Project name |
Budgetary amount |
Beginning balance |
Current increase |
Amount transferred to fixed assets in the current period |
Current other decrease |
Ending balance |
Percentage of accumulated project input in budget |
Project progress |
Accumulated amount of capitalized interest |
Wherein: current amount of interest capitalized |
Current interest capitalization rate |
Source of funding |
|---|
| New pig farms built by Laixi New Hope |
2,400,000,000.00 |
9,339,539.93 |
484,878,159.74 |
300,361,177.29 |
9,430,445.47 |
184,426,076.91 |
20.59% |
20.00% |
24,080,965.77 |
23,864,799.10 |
4.64% |
Others |
| New pig farms built by Guangan Xinhao |
1,760,714,000.00 |
|
272,010,849.30 |
122,337,617.77 |
|
149,673,231.53 |
15.45% |
16.00% |
|
|
|
Others |
| New pig farms built by Liaoning Xinwang |
1,233,307,500.00 |
556,891,865.06 |
324,782,935.48 |
604,341,154.41 |
|
277,333,646.13 |
71.49% |
66.00% |
22,102,896.48 |
22,102,896.48 |
4.12% |
Others |
| New pig farms built by Hubei Xinhao |
1,103,421,800.00 |
75,007,616.01 |
471,013,351.55 |
249,246,890.34 |
|
296,774,077.22 |
49.48% |
51.00% |
11,267,470.44 |
11,267,470.44 |
3.98% |
Others |
| New pig farms built by Tongliao Xinhao |
1,100,000,000.00 |
462,068,887.59 |
207,706,921.52 |
589,695,483.31 |
|
80,080,325.80 |
60.89% |
60.00% |
19,888,250.29 |
18,497,908.74 |
3.50% |
Others |
| New pig farms built by Chenzhou |
1,065,060,000.00 |
26,061,179.59 |
249,820,715.37 |
|
|
275,881,894.96 |
25.90% |
27.00% |
7,970,086.99 |
7,946,103.65 |
3.79% |
Others |
| Xinhao |
|
|
|
|
|
|
|
|
|
|
|
|
| New pig farms built by Nanning Xinhao |
760,000,000.00 |
8,367,813.02 |
189,134,801.85 |
175,820,707.75 |
|
21,681,907.12 |
25.99% |
26.00% |
7,261,789.42 |
7,261,789.42 |
4.01% |
Others |
| New pig farms built by Wuhe New Hope |
741,315,200.00 |
|
726,591,494.45 |
380,577,762.33 |
|
346,013,732.12 |
98.01% |
95.00% |
16,865,754.84 |
16,865,754.84 |
4.30% |
Others |
| New pig farms built by Dongying Xinhao |
656,997,200.00 |
|
460,173,908.40 |
318,213,621.51 |
|
141,960,286.89 |
70.04% |
70.00% |
5,565,727.75 |
5,565,727.75 |
3.56% |
Others |
| New pig farms built by Huanghua Xinhao |
624,920,000.00 |
159,492,845.75 |
269,613,072.99 |
225,932,181.50 |
|
203,173,737.24 |
68.67% |
67.00% |
12,281,376.50 |
9,337,822.80 |
3.50% |
Others |
| Total |
11,445,735,700.00 |
1,297,229,746.95 |
3,655,726,210.65 |
2,966,526,596.21 |
9,430,445.47 |
1,976,998,915.92 |
-- |
-- |
127,284,318.48 |
122,710,273.22 |
|
-- |
(3) Impairment provision accrued for construction in progress in the current period
Unit: yuan
| Item |
Current accrued amount |
Reasons for accrual |
|---|
| Breeding company reconstruction and expansion project |
12,215.10 |
Out of construction for a prolonged period of time |
| Total |
12,215.10 |
-- |
(4) Engineering materials
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Book balance |
Impairment provision |
Book value |
Book balance |
Impairment provision |
Book value |
|---|
| Special materials |
242,478.73 |
|
242,478.73 |
1,457,286.98 |
|
1,457,286.98 |
| Special equipment |
|
|
|
209,130.62 |
|
209,130.62 |
| Total |
242,478.73 |
|
242,478.73 |
1,666,417.60 |
|
1,666,417.60 |
Other remarks:
14. Productive biological assets
(1) Productive biological assets measured at cost
√ applicable □ not applicable
Unit: yuan
| Item |
Planting business |
Livestock breeding business |
Forestry |
Aquatic business |
Total |
|---|
|
|
Immature |
Matured |
|
|
|
| I. Book value |
|
|
|
|
|
|
| 1. Beginning balance |
|
1,450,181,197.88 |
1,278,049,662.51 |
|
|
2,728,230,860.39 |
| 2. Current increase |
|
12,816,752,175.81 |
10,017,643,479.15 |
|
|
22,834,395,654.96 |
| (1) Purchased |
|
8,175,440,014.30 |
188,333,271.02 |
|
|
8,363,773,285.32 |
| (2) In-house cultivation |
|
4,641,303,356.64 |
9,828,786,677.17 |
|
|
14,470,090,033.81 |
| (3) Increase due to business combination |
|
0.00 |
0.00 |
|
|
0.00 |
| (4) Exchange rate changes |
|
8,804.87 |
523,530.96 |
|
|
532,335.83 |
| (3) Others |
|
0.00 |
0.00 |
|
|
0.00 |
| 3. Current decrease |
|
10,144,318,967.53 |
2,572,720,153.34 |
|
|
12,717,039,120.87 |
| (1) Disposal |
|
210,418,097.22 |
1,294,753,622.93 |
|
|
1,505,171,720.15 |
| （2）Others |
|
|
|
|
|
|
| （3）Transferred to sales |
|
100,555,424.23 |
1,192,195,709.39 |
|
|
1,292,751,133.62 |
| (4) Decrease in subsidiaries |
|
0.00 |
0.00 |
|
|
0.00 |
| (5) Exchange rate changes |
|
4,558,768.91 |
8,398,752.35 |
|
|
12,957,521.26 |
| (6) Herd transfer and molting |
|
9,828,786,677.17 |
77,372,068.67 |
|
|
9,906,158,745.84 |
| 4. Ending balance |
|
4,122,614,406.16 |
8,722,972,988.32 |
|
|
12,845,587,394.48 |
| II. Accumulated depreciation |
|
|
|
|
|
|
| 1. Beginning balance |
|
|
217,597,689.75 |
|
|
217,597,689.75 |
| 2. Current increase |
|
|
1,356,671,643.98 |
|
|
1,356,671,643.98 |
| (1) Accrued |
|
|
1,356,513,093.13 |
|
|
1,356,513,093.13 |
| (2) Increase due to business combination |
|
|
0.00 |
|
|
0.00 |
| (3) Exchange rate changes |
|
|
158,550.85 |
|
|
158,550.85 |
| (4) Others |
|
|
0.00 |
|
|
0.00 |
| 3. Current decrease |
|
|
526,278,549.74 |
|
|
526,278,549.74 |
| (1) Disposal |
|
|
301,590,974.09 |
|
|
301,590,974.09 |
| （2）Others |
|
|
|
|
|
|
| (3)Transferred to sales |
|
|
175,567,571.14 |
|
|
175,567,571.14 |
| (4) Decrease in subsidiaries |
|
|
0.00 |
|
|
0.00 |
| (5) Exchange rate changes |
|
|
4,985,712.96 |
|
|
4,985,712.96 |
| (6) Herd transfer and molting |
|
|
44,134,291.55 |
|
|
44,134,291.55 |
| 4. Ending balance |
|
|
1,047,990,783.99 |
|
|
1,047,990,783.99 |
| III. Impairment provision |
|
|
|
|
|
|
| 1. Beginning balance |
|
|
|
|
|
|
| 2. Current increase |
|
|
|
|
|
|
| (1) Accrued |
|
|
|
|
|
|
| 3. Current decrease |
|
|
|
|
|
|
| (1) Disposal |
|
|
|
|
|
|
| （2）Others |
|
|
|
|
|
|
| 4. Ending balance |
|
|
|
|
|
|
| IV. Book value |
|
|
|
|
|
|
| 1. Ending book value |
|
4,122,614,406.16 |
7,674,982,204.33 |
|
|
11,797,596,610.49 |
| 2. Beginning book value |
|
1,450,181,197.88 |
1,060,451,972.76 |
|
|
2,510,633,170.64 |
(2) Productive biological assets measured at fair value
□ applicable √ not applicable
15. Intangible assets
(1) Details of intangible assets
Unit: yuan
| Item |
Land use right |
Patents |
Non-patented technology |
Others |
Total |
|---|
| I. Book value |
|
|
|
|
|
| 1. Beginning balance |
1,534,006,017.67 |
950,338.17 |
|
340,302,095.15 |
1,875,258,450.99 |
| 2. Current increase |
217,289,927.24 |
|
|
88,653,156.18 |
305,943,083.42 |
| (1) Purchased |
214,781,158.75 |
|
|
69,170,149.84 |
283,951,308.59 |
| (2) In-house R&D |
|
|
|
|
|
| (3) Increase due to business combination |
2,408,868.02 |
|
|
19,483,006.34 |
21,891,874.36 |
| (4) Exchange rate changes |
99,900.47 |
|
|
|
99,900.47 |
| (5) Other increases |
|
|
|
|
|
| 3. Current decrease |
75,643,621.16 |
80,412.50 |
|
22,702,304.95 |
98,426,338.61 |
| (1) Disposal |
51,904,061.29 |
80,412.50 |
|
22,485,140.97 |
74,469,614.76 |
| (2) Decrease in subsidiaries |
|
|
|
215,000.00 |
215,000.00 |
| (3) Exchange rate changes |
23,739,559.87 |
|
|
2,163.98 |
23,741,723.85 |
| (4) Other decreases |
|
|
|
|
|
| 4. Ending balance |
1,675,652,323.75 |
869,925.67 |
|
406,252,946.38 |
2,082,775,195.80 |
| II. Accumulated amortization |
|
|
|
|
|
| 1. Beginning balance |
263,694,072.94 |
171,839.55 |
|
217,406,786.24 |
481,272,698.73 |
| 2. Current increase |
32,218,228.86 |
35,199.28 |
|
57,898,782.16 |
90,152,210.30 |
| (1) Accrued |
32,218,228.86 |
35,199.28 |
|
57,898,782.16 |
90,152,210.30 |
| (2) Increase due to business combination |
|
|
|
|
|
| (3) Exchange rate changes |
|
|
|
|
|
| (4) Other increases |
|
|
|
|
|
| 3. Current decrease |
23,441,858.00 |
80,412.50 |
|
22,702,157.61 |
46,224,428.11 |
| (1) Disposal |
22,262,743.54 |
80,412.50 |
|
22,485,140.97 |
44,828,297.01 |
| (2) Decrease in subsidiaries |
|
|
|
215,000.00 |
215,000.00 |
| (3) Exchange rate changes |
1,179,114.46 |
|
|
2,016.64 |
1,181,131.10 |
| (4) Other decreases |
|
|
|
|
|
| 4. Ending balance |
272,470,443.80 |
126,626.33 |
|
252,603,410.79 |
525,200,480.92 |
| III. Impairment provision |
|
|
|
|
|
| 1. Beginning balance |
5,055,050.00 |
|
|
|
5,055,050.00 |
| 2. Current increase |
|
|
|
|
|
| (1) Accrued |
|
|
|
|
|
| 3. Current decrease |
|
|
|
|
|
| (1) Disposal |
|
|
|
|
|
| 4. Ending balance |
5,055,050.00 |
|
|
|
5,055,050.00 |
| IV. Book value |
|
|
|
|
|
| 1. Ending book value |
1,398,126,829.95 |
743,299.34 |
|
153,649,535.59 |
1,552,519,664.88 |
| 2. Beginning book value |
1,265,256,894.73 |
778,498.62 |
|
122,895,308.91 |
1,388,930,702.26 |
Percentage of the intangible assets resulting from in-house research and development of the company at the end of this period accounted in the balance of intangible assets: 0.03%.
(2) Land use right for which certificate of title is pending
Unit: yuan
| Item |
Book value |
Reasons for pendency of title certificate |
|---|
| New Hope Liuhe Feed Co., Ltd |
16,687,857.73 |
Incomplete paperwork, in the process of securing permits |
| Xiajin Xinhao Feed Co., Ltd |
10,129,914.00 |
Incomplete paperwork, in the process of securing permits |
| Liuhe Feed (Huaian) Co., Ltd |
4,229,202.56 |
Incomplete paperwork, in the process of securing permits |
| Wudi Liuhe Xinyang Food Co., Ltd |
2,833,333.34 |
Incomplete paperwork, in the process of |
|
|
securing permits |
| PT Indonesia Corn Drying Lampung Branch |
2,605,817.49 |
Incomplete paperwork, in the process of securing permits |
| Fuxin Liuhe Farming Co., Ltd Breeding Poultry Branch |
2,553,072.61 |
Incomplete paperwork, in the process of securing permits |
| Weifang New Hope Liuhe Feed Technology Co., Ltd |
2,284,411.54 |
Incomplete paperwork, in the process of securing permits |
| Linshu Liuhe Feed Co., Ltd |
1,688,364.08 |
Incomplete paperwork, in the process of securing permits |
| Lingbao New Hope Liuhe Feed Co., Ltd |
184,730.80 |
Incomplete paperwork, in the process of securing permits |
| Total |
43,196,704.15 |
|
16. Goodwill
(1) Original book value of goodwill
Unit: yuan
| Name of investee or events that form goodwill |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| Formed from business combination |
Others |
Disposal |
Others |
|---|
| New Hope Liuhe Investment Co., Ltd |
58,567,474.80 |
|
|
|
|
58,567,474.80 |
| Beijing Kinghey Food Co., Ltd |
19,091,431.45 |
|
|
|
|
19,091,431.45 |
| Chengdu Fenglan Technology Co., Ltd |
36,276,456.48 |
|
|
|
|
36,276,456.48 |
| Chengdu Century Investment Co., Ltd |
398,573,665.34 |
|
|
|
|
398,573,665.34 |
| Beijing Porridge Jiahe Enterprise Management Co., Ltd |
80,314,997.56 |
|
|
|
|
80,314,997.56 |
| Hefei Huaren Farming Group Co., Ltd |
6,118,302.82 |
|
|
|
|
6,118,302.82 |
| Xiantao Liuhe Feed Co., Ltd |
422,276.77 |
|
|
|
|
422,276.77 |
| Sheyang Liuhe Feed Co., Ltd |
2,194,351.61 |
|
|
|
|
2,194,351.61 |
| Anhui Wanxi White Goose Stock Seed Farm Co., Ltd |
1,958,093.80 |
|
|
|
|
1,958,093.80 |
| Linxi Hexing Feed Co., Ltd |
3,535,449.75 |
|
|
|
|
3,535,449.75 |
| Yangling Besun Agricultural Industry Group Co., Ltd |
280,514,799.76 |
|
|
|
|
280,514,799.76 |
| Weinan Zhengneng Farming Technology Co., Ltd |
19,920,121.97 |
|
|
|
|
19,920,121.97 |
| Laiyang Xinmu Breeding Co., Ltd |
251,371,600.00 |
|
|
|
|
251,371,600.00 |
| Zhengzhou Quansheng Farming Technology Co., Ltd |
98,349,399.05 |
|
|
|
|
98,349,399.05 |
| Total |
1,257,208,421.16 |
|
|
|
|
1,257,208,421.16 |
(2) Provision for goodwill impairment
Unit: yuan
| Name of investee or events that form goodwill |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| Accrued |
Others |
Disposal |
Others |
|---|
| Beijing Kinghey Food Co., Ltd |
10,418,225.09 |
|
|
|
|
10,418,225.09 |
| Hefei Huaren Farming Group Co., Ltd |
6,118,302.82 |
|
|
|
|
6,118,302.82 |
| Xiantao Liuhe Feed Co., Ltd |
422,276.77 |
|
|
|
|
422,276.77 |
| Anhui Wanxi White Goose Stock Seed Farm Co., Ltd |
1,958,093.80 |
|
|
|
|
1,958,093.80 |
| Linxi Hexing Feed Co., Ltd |
3,535,449.75 |
|
|
|
|
3,535,449.75 |
| Total |
22,452,348.23 |
|
|
|
|
22,452,348.23 |
Related information about asset group or asset group portfolio to which goodwill belongs
1. Method for goodwill impairment test: valuate the entire assets of the company based on the present value of estimated cash flow of related subsidiaries in the next five years for comparison with the sum of the existing book value of the company and the value after restoration of goodwill of minority shareholders.
Description of the goodwill impairment test process, key parameters (such as the forecast period growth rate, stable period growth rate, profit rate, discount rate and forecast period when forecasting the present value of future cash flow, etc.) and the method for recognition of goodwill impairment loss:
Accrual of provision for goodwill impairment: the amount of goodwill impairment is determined by the difference between the estimated present value of recoverable cash flow and the sum of the company’s existing book value and value after restoration of the goodwill of minority shareholders.
17. Long-term unamortized expenses
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current amount amortized |
Other decreases |
Ending balance |
|---|
| Land use fee |
255,007,993.13 |
541,370,120.23 |
144,788,244.29 |
4,962,258.24 |
646,627,610.83 |
| Expenditure on improvement of leased fixed assets |
59,393,374.41 |
132,052,759.06 |
39,798,356.64 |
|
151,647,776.83 |
| Electricity capacity expansion fee |
120,878.36 |
|
114,503.15 |
6,375.21 |
|
| Rental expenses of factory buildings and equipment |
60,311,192.89 |
228,850,018.18 |
119,282,952.68 |
645,416.93 |
169,232,841.46 |
| Others |
31,486,852.72 |
99,433,466.79 |
36,517,459.12 |
4,431,154.60 |
89,971,705.79 |
| Total |
406,320,291.51 |
1,001,706,364.26 |
340,501,515.88 |
10,045,204.98 |
1,057,479,934.91 |
Other remarks
“Other decreases” includes the effects of exchange rate changes and reduced scope of consolidated statements.
18. Deferred income tax assets/deferred income tax liabilities
(1) Deferred income tax assets not offset
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Deductible temporary difference |
Deferred income tax assets |
Deductible temporary difference |
Deferred income tax assets |
|---|
| Asset impairment provision |
263,466,764.94 |
56,504,794.21 |
340,756,427.04 |
60,922,354.63 |
| Profits unrealized through internal transactions |
270,448,466.24 |
65,869,849.12 |
149,149,993.32 |
34,002,169.74 |
| Deductible losses |
731,777,921.56 |
179,226,547.17 |
678,911,803.69 |
168,044,492.27 |
| Change in fair value of held-for-trading financial assets |
10,075,190.74 |
503,759.54 |
425,140.00 |
106,285.00 |
| Guarantee indemnity reserve and deferred income, etc. |
64,053,315.14 |
13,435,980.30 |
58,850,497.86 |
14,712,624.45 |
| Total |
1,339,821,658.62 |
315,540,930.34 |
1,228,093,861.91 |
277,787,926.09 |
(2) Deferred income tax liabilities not offset
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Taxable temporary difference |
Deferred income tax liabilities |
Taxable temporary difference |
Deferred income tax liabilities |
|---|
| Change in fair value of held-for-trading financial assets |
2,135,879.88 |
106,794.02 |
174,140.00 |
43,535.00 |
| Taxable value of assets lower than book value |
63,235,620.05 |
14,892,301.89 |
72,381,667.58 |
17,026,975.65 |
| Total |
65,371,499.93 |
14,999,095.91 |
72,555,807.58 |
17,070,510.65 |
(3) Deferred income tax assets or liabilities presented by net amount after offset
Unit: yuan
| Item |
Ending amount mutually offset between deferred income tax assets and liabilities |
Ending balance of deferred income tax assets or liabilities after offset |
Beginning amount mutually offset between deferred income tax assets and liabilities |
Beginning balance of deferred income tax assets or liabilities after offset |
|---|
| Deferred income tax assets |
|
315,540,930.34 |
43,535.00 |
277,744,391.09 |
| Deferred income tax liabilities |
|
14,999,095.91 |
43,535.00 |
17,026,975.65 |
(4) Details of unrecognized deferred income tax assets
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Deductible losses |
2,049,238,411.74 |
1,501,590,369.68 |
| Asset impairment provision |
394,890,244.97 |
401,262,265.66 |
| Total |
2,444,128,656.71 |
1,902,852,635.34 |
(5) The deductible losses on unrecognized deferred income tax assets will become due in the following years
Unit: yuan
| Year |
Ending amount |
Beginning amount |
Remarks |
|---|
| 2020 |
|
118,393,160.79 |
|
| 2021 |
154,929,645.97 |
241,094,987.70 |
|
| 2022 |
154,267,048.74 |
261,367,606.02 |
|
| 2023 |
399,330,906.45 |
363,785,578.59 |
|
| 2024 |
301,312,830.70 |
516,949,036.58 |
|
| 2025 |
1,039,397,979.88 |
|
|
| Total |
2,049,238,411.74 |
1,501,590,369.68 |
-- |
Other remarks:
19. Other noncurrent assets
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Book balance |
Impairment provision |
Book value |
Book balance |
Impairment provision |
Book value |
|---|
| Amounts prepaid for long-term assets |
919,217,421.66 |
|
919,217,421.66 |
660,968,352.47 |
|
660,968,352.47 |
| VAT input tax to be deducted |
622,415,642.37 |
|
622,415,642.37 |
548,257,364.08 |
|
548,257,364.08 |
| Total |
1,541,633,064.03 |
|
1,541,633,064.03 |
1,209,225,716.55 |
|
1,209,225,716.55 |
Other remarks:
20. Short-term borrowings
(1) Short-term borrowings by category
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Pledge loans |
55,200.00 |
|
| Mortgage loans |
92,713,783.50 |
253,308,103.10 |
| Guaranteed loans |
2,429,444,815.64 |
2,272,433,371.87 |
| Credit loans |
1,716,915,379.53 |
6,361,650,346.11 |
| Borrowings against bill discounting |
5,967,813,241.35 |
4,733,170,584.48 |
| Borrowings against L/C discounting |
120,971,940.00 |
|
| Negotiable credit certificate of accounts receivable |
24,112,500.00 |
|
| Factoring of accounts receivable |
38,442,779.52 |
|
| Plus: interest payable on borrowings |
8,602,565.06 |
|
| Total |
10,399,072,204.60 |
13,620,562,405.56 |
Remarks on categorization of short-term borrowings
(1) The pledge loans and pledges are presented as follows:
| Pledge details |
Amount of pledge loan |
|---|
| Insurance policy of Wulian Xinhao Farming Co., Ltd against dead pigs |
55,200.00 |
| Total |
55,200.00 |
Note: Wulian Xinhao Farming Co., Ltd, a subsidiary of the company, provided a pledge guarantee for 55,200 Yuan financing for Wulian Xinhao Farming Co., Ltd from Chongqing PICC Small Loans Co., Ltd with the insurance policy of Wulian Xinhao Farming Co., Ltd against dead pigs as the pledge.
(2) The mortgage loans and asset mortgages are presented as follows:
| Collaterals |
Original book value of collateral |
Amount of mortgage loan |
|---|
| Live pigs of Yanting Xinhao Farming Co., Ltd |
41,000,000.00 |
10,000,000.00 |
| Land of New Agro Business Nepal Pvt Ltd |
4,522,474.57 |
8,324,083.50 |
| Land and house properties of New Hope Turkey Feed and Farming Food Import & Export and Industry Ltd |
8,184,257.91 |
889,700.00 |
| Land and house properties of Wuhan Guoxiong Feed Technology Co., Ltd |
27,460,498.29 |
20,000,000.00 |
| Land and houses of Zhongxiang Hope Feed Co., Ltd |
11,878,773.29 |
10,000,000.00 |
| Land and houses of Yichang New Hope Feed Co., Ltd |
5,025,816.59 |
8,500,000.00 |
| Land and houses of Huai’an New Hope Feed Co., Ltd |
15,096,501.00 |
10,000,000.00 |
| Land and houses of Anhui Baixin Feed Co., Ltd |
1,458,000.00 |
5,000,000.00 |
| Land and houses of Laoting Liuhe Xinmeizi Food Co., Ltd |
82,236,504.47 |
20,000,000.00 |
| Total |
196,862,826.12 |
92,713,783.50 |
(3) The details of guaranteed borrowings are presented as follows:
| Names of the guarantor and the guaranteed |
Ending balance |
|---|
| Guarantee provided by New Hope Liuhe Co., Ltd for Anyang New Hope Liuhe Feed Co., Ltd |
20,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Anyue New Hope Liuhe Farming Co., Ltd |
50,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Beijing Kinghey Food Co., Ltd |
100,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Donghai Xinhao Farming Co., Ltd |
30,000,000.00 |
| Guarantee provided by Agricultural Credit Financing Guarantee Co., Ltd for Fuyang Liuhe Feed Co., Ltd |
10,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Gushi Liuhe Co., Ltd |
26,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Guangxi New Hope Liuhe Breeding Co., Ltd |
20,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Guangzhou Liuhe Feed Co., Ltd |
60,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Hebei Kinghey Meat Industry Co., Ltd |
150,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Hubei Tuanfeng New Hope Feed Co., Ltd |
30,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Huanggang New Hope Feed Technology Co., Ltd |
, 40,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Jiangmen Liuhe Feed Co., Ltd |
100,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Jiangxi New Hope Farming Technology Co., Ltd |
, 20,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Jiangyou New Hope Hypor Swine Breeding Co., Ltd |
10,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Jinzhou New Hope Feed Co., Ltd |
35,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Kunming New Hope Animal Nutrition Food Co., Ltd |
70,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for New Hope Agricultural Technology Co., Ltd |
20,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Laibin Xinhao Farming Co., Ltd |
100,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Liaoning Kinghey Food Co., Ltd |
50,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Liuhe Feed (Huaian) Co., Ltd |
40,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Nanning Wumin District Xinliu Farming Technology Co., Ltd |
120,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Nanning New Hope Farming Technology Co., Ltd |
, 150,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Ningbo New Hope Liuhe Farming Co., Ltd |
8,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Rugao Xinhao Farming Co., Ltd |
40,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Santai New Hope Farming Technology Co., Ltd |
, 10,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Sichuan Xinhe Import & Export Co., Ltd |
69,622,102.70 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Sichuan New Hope Animal Nutrition Technology Co., Ltd |
148,637,928.60 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Sichuan New Hope Liuhe Farming Co., Ltd |
190,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Xiantao Liuhe Feed Co., Ltd |
20,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for XiangyangNew Hope Liuhe Feed Co., Ltd |
28,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Xiaoyi New Hope Liuhe Food Co., Ltd |
200,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yanting Xinhao Farming Co., Ltd |
110,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yanshi Liuhe Feed Co., Ltd |
40,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yanggu Liuhe Luxin Food Co., Ltd |
5,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yijun Xinliu Technology Co., Ltd |
30,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Chongqing Guoxiong Feed Co., Ltd |
30,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Chongqing New Hope Feed Co., Ltd |
100,000,000.00 |
| Guarantee provided by Shandong New Hope Liuhe Group Co., Ltd for Fuxin Liuhe Farming Co., Ltd |
, 50,000,000.00 |
| Guarantee provided by New Hope Singapore Pte, Ltd for New Hope Tarlarc Agriculture Inc. |
16,168,478.83 |
| Guarantee provided by New Hope Singapore Pte Ltd for New Hope Central Luzon Agriculture Inc. |
27,581,522.71 |
| Guarantee provided by New Hope Singapore Pte Ltd for New Hope Isabela Agriculture Inc. |
5,434,782.80 |
| Total |
2,429,444,815.64 |
(2) Short-term borrowings overdue but not repaid
The short-term borrowings overdue but not repaid at the end of this period totaled 0.00 Yuan, of which important short-term borrowings overdue but not repaid are as follows:
21. Held-for-trading financial liabilities
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Held-for-trading financial liabilities |
16,850,229.73 |
5,240,664.99 |
| Wherein: |
|
|
| The derivative financial liabilities |
16,850,229.73 |
5,240,664.99 |
| Wherein: |
|
|
| Total |
16,850,229.73 |
5,240,664.99 |
Other remarks:
The derivative financial liabilities are futures contracts and interest rate swaps purchased.
22. Notes payable
Unit: yuan
| Category |
Ending balance |
Beginning balance |
|---|
| Commercial acceptance bills |
683,322,624.38 |
530,104,012.26 |
| Bank acceptance bills |
1,185,582,848.29 |
16,309,182.16 |
| Negotiable credit certificate of accounts receivable |
15,200,729.15 |
|
| Total |
1,884,106,201.82 |
546,413,194.42 |
The notes payable overdue and unpaid at the end of this period totaled 0.00 Yuan.
23. Accounts payable
（1）Presentation of accounts payable
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Accounts payable |
8,215,467,451.85 |
4,966,318,094.79 |
| Total |
8,215,467,451.85 |
4,966,318,094.79 |
(2) Important accounts payable aged over 1 year
The ending balance includes no important accounts payable aged over 1 year.
24. Contract liabilities
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Contract liabilities |
2,285,698,452.30 |
1,347,222,574.40 |
| Total |
2,285,698,452.30 |
1,347,222,574.40 |
25. Payroll payable
(1) Presentation of payroll payable
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| I. Short-term compensation |
790,526,432.19 |
7,992,449,231.33 |
7,525,596,536.80 |
1,257,379,126.72 |
| II. Post-employment benefits-defined contribution plan |
2,573,194.54 |
75,804,476.18 |
76,190,837.61 |
2,186,833.11 |
| III. Termination benefits |
1,766,065.25 |
11,382,104.30 |
7,565,647.21 |
5,582,522.34 |
| Total |
794,865,691.98 |
8,079,635,811.81 |
7,609,353,021.62 |
1,265,148,482.17 |
(2)Presentation of short-term compensation
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| 1. Wage, bonus, allowance and subsidy |
624,028,286.52 |
7,197,238,180.71 |
6,803,766,681.68 |
1,017,499,785.55 |
| 2. Employee benefits |
7,815,026.47 |
446,486,810.91 |
454,247,290.86 |
54,546.52 |
| 3. Social insurance costs |
1,325,597.37 |
171,044,842.88 |
171,564,537.78 |
805,902.47 |
| Wherein: medical insurance costs |
1,078,826.01 |
162,538,604.97 |
163,021,093.33 |
596,337.65 |
| Industrial injury insurance costs |
184,670.13 |
2,605,581.80 |
2,621,539.20 |
168,712.73 |
| Maternity insurance costs |
62,101.23 |
5,900,656.11 |
5,921,905.25 |
40,852.09 |
| 4. Housing fund |
370,378.72 |
25,634,736.33 |
25,851,631.37 |
153,483.68 |
| 5. Trade union outlays and employee education expenditure |
156,978,157.96 |
137,124,789.73 |
55,237,539.19 |
238,865,408.50 |
| 6. Short-term paid absence |
8,985.15 |
14,919,870.77 |
14,928,855.92 |
|
| Total |
790,526,432.19 |
7,992,449,231.33 |
7,525,596,536.80 |
1,257,379,126.72 |
(3)Presentation of defined contribution plan
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| 1. Basic endowment insurance |
2,029,315.61 |
54,163,394.89 |
54,808,936.34 |
1,383,774.16 |
| 2. Unemployment insurance costs |
475,972.56 |
2,587,062.97 |
2,567,820.66 |
495,214.87 |
| 3. Comprehensive insurance |
67,906.37 |
19,054,018.32 |
18,814,080.61 |
307,844.08 |
| Total |
2,573,194.54 |
75,804,476.18 |
76,190,837.61 |
2,186,833.11 |
Other remarks:
The company participates in endowment insurance and unemployment insurance programs established by the government according to provisions, whereby the company pays contributions each month according to the rules of social security bureau; apart from the aforesaid monthly contributions, the company will no longer assume further payment obligation and the corresponding expenditures are charged to the current profit and loss or costs of related assets as and when incurred.
There was no amount in arrears in the payroll payable; the wage, bonus, allowance and subsidy are expected to be fully paid in January-February 2021, and the social insurance premiums will be paid to the social security bureau in January 2021.
26. Taxes payable
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| VAT |
24,954,450.16 |
32,505,727.29 |
| income tax |
156,505,394.21 |
134,915,623.35 |
| Personal income tax |
21,929,216.22 |
12,117,589.82 |
| Urban maintenance and construction tax |
1,569,173.62 |
761,271.50 |
| Educational surcharge |
764,483.27 |
382,270.04 |
| Local educational surcharge |
517,741.79 |
347,972.92 |
| Water conservancy fund |
534,006.08 |
416,789.84 |
| Land use tax |
9,693,891.67 |
7,626,063.74 |
| Real estate tax |
8,013,176.77 |
6,659,174.75 |
| Stamp duty |
9,031,071.46 |
5,109,632.86 |
| Others |
10,892,007.68 |
15,264,058.15 |
| Total |
244,404,612.93 |
216,106,174.26 |
Other remarks:
27. Other payables
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Interest payable |
|
45,768,415.29 |
| Dividends payable |
76,703,390.04 |
194,636,496.96 |
| Other payables |
4,438,591,253.16 |
3,608,419,294.22 |
| Total |
4,515,294,643.20 |
3,848,824,206.47 |
(1) Interest payable
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Interest on long-term borrowings with interest payment in installments and principal repayment upon maturity |
|
17,084,063.67 |
| Interest payable on short-term borrowings |
|
28,684,351.62 |
| Total |
|
45,768,415.29 |
(2) Dividends payable
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Dividends on ordinary shares |
76,703,390.04 |
194,636,496.96 |
| Total |
76,703,390.04 |
194,636,496.96 |
Other remarks, including important dividends payable that are unpaid beyond 1 year, the reasons for non-payment shall be disclosed:
| Item |
Ending balance |
Beginning balance |
Reasons for non-payment beyond 1 year |
|---|
| 1. Dividends on ordinary shares |
76,703,390.04 |
194,636,496.96 |
|
| Wherein: New Hope Group Co., Ltd |
|
89,500,000.00 |
|
| ExceptionalAssetsLimited |
65,356,766.04 |
94,430,959.88 |
|
| Taian Leling Feed Co., Ltd |
|
705,537.08 |
|
| Rongda Agricultural Development Co., Ltd |
10,000,000.00 |
10,000,000.00 |
Already declared, but not yet claimed by the opposite party. |
| Ou Yongji |
841,640.00 |
|
|
| Donghui Group Co., Ltd |
504,984.00 |
|
|
| 2. Dividends on preferred shares\perpetual bonds classified as equity instrument |
|
|
|
| Total |
76,703,390.04 |
194,636,496.96 |
|
(3)Other payables
1) Other payables presented by nature of amount
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Temporary borrowings |
979,908,032.56 |
469,352,702.49 |
| Various deposits and margins temporarily retained |
2,937,279,544.08 |
2,763,575,817.73 |
| Managed secured funds |
45,867,305.93 |
37,819,119.11 |
| Accrued expenses |
121,208,960.22 |
96,426,162.82 |
| Payments for share transfer |
288,102,056.28 |
135,210,000.00 |
| Others |
66,225,354.09 |
106,035,492.07 |
| Total |
4,438,591,253.16 |
3,608,419,294.22 |
2) Important other payables aged over 1 year
Unit: yuan
| Item |
Ending balance |
Reasons for non-repayment or carry-forward |
|---|
| South Hope Industrial Co., Ltd |
143,998,704.00 |
Not carried forward due to pending completion of paperwork for equities and title |
| Lvliang Elephant Farming Technology Co., Ltd |
51,276,980.25 |
Temporary borrowings |
| Qingshui Township Government |
31,883,076.50 |
Temporary borrowings |
| Yantai Hongda Food Co., Ltd |
22,000,000.00 |
Not carried forward due to pending completion of share transfer formalities |
| Anhui Huaying Xintang Down Co., Ltd |
12,000,000.00 |
Deposit |
| Tongcheng Hongrun Down Co., Ltd |
11,492,006.64 |
Deposit |
| Fanxian Zhuowang Down Products Co., Ltd |
9,755,187.00 |
Deposit |
| Anhui Xinhua Ducks Co., Ltd |
9,071,000.00 |
Temporary borrowings |
| State-owned Assets Supervision and Administration Commission of Yangling Demonstration Area |
9,000,000.00 |
Temporary borrowings |
| Lv Yindong |
7,809,246.61 |
Deposit |
| Zhang Xin |
7,158,506.00 |
Temporary borrowings |
| Hangzhou Sanyou Down Co., Ltd |
6,000,000.00 |
Deposit |
| Taiqian Shunhe Down Products Co., Ltd |
6,000,000.00 |
Deposit |
| Total |
327,444,707.00 |
-- |
28. Non-current liabilities due within one year
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Long-term borrowings due within one year |
1,982,660,813.60 |
840,692,185.74 |
| Bonds payable due within one year |
63,266,099.24 |
|
| Long-term payables due within one year |
6,000,000.00 |
9,659,520.83 |
| Total |
2,051,926,912.84 |
850,351,706.57 |
Other remarks:
(1) Long-term borrowings due within one year:
| Item |
Ending balance |
Beginning balance |
|---|
| Pledge loans |
134,666,600.00 |
5,000,000.00 |
| Mortgage loans |
44,280,127.60 |
2,362,604.00 |
| Guaranteed loans |
718,883,009.92 |
129,279,581.74 |
| Credit loans |
1,035,540,900.00 |
704,050,000.00 |
| Plus: interest payable on long-term borrowings |
49,290,176.08 |
|
| Total |
1,982,660,813.60 |
840,692,185.74 |
Note 1: long-term borrowings due within one year are detailed in Note VII. 30 Long-term borrowings.
Note 2: bonds payable due within one year are detailed in Note VII. 31 Bonds payable.
Note 3: long-term payables due within one year are the amounts due within one year with respect to the fixed assets leased by the company under financial leasing.
29. Other current liabilities
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Short-term payable bonds |
1,013,537,500.00 |
|
| To be transferred to output tax |
26,749,946.72 |
|
| Total |
1,040,287,446.72 |
|
Increase or decrease in short-term payable bonds
Unit: yuan
| Bond name |
Nominal value |
Date issued |
Bond period |
Issue amount |
Beginning balance |
Currently issued |
Interest accrued at nominal value |
Amortization of premium and discount |
Currently repaid |
Ending balance |
|---|
| Short-ter m financing bills |
1,000,000,000.00 |
2020-05-15 |
9 months |
999,100,000.00 |
|
999,100,000.00 |
13,687,500.00 |
750,000.00 |
|
1,013,537,500.00 |
| Total |
-- |
-- |
-- |
999,100,000.00 |
|
999,100,000.00 |
13,687,500.00 |
750,000.00 |
|
1,013,537,500.00 |
Other remarks:
30. Long-term borrowings
(1) Long-term borrowings by category
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Pledge loans |
1,707,125,400.00 |
195,000,000.00 |
| Mortgage loans |
276,620,000.00 |
59,054,122.60 |
| Guaranteed loans |
12,423,514,669.07 |
754,232,326.94 |
| Credit loans |
8,494,548,566.60 |
3,946,200,000.00 |
| Total |
22,901,808,635.67 |
4,954,486,449.54 |
Remarks on categorization of long-term borrowings:
(1) Pledge loans and pledges are as follows:
| Pledge details |
Amount of pledge loan |
Amount of pledge loan |
|---|
|
Long-term borrowings |
Long-term borrowings due within one year |
|---|
| 100% equities in Fucheng Xinhao Farming Co., Ltd |
66,111,200.00 |
18,888,800.00 |
| 100% equities in Gaomi Xinliu Farming Technology Co., Ltd |
214,000,000.00 |
26,000,000.00 |
| 44.18% equities in Huanghua Xinhao Technology Co., Ltd |
102,000,000.00 |
|
| 100% equities in Raoyang Xinhao Farming Co., Ltd |
223,222,200.00 |
63,777,800.00 |
| 100% equities in Baiyin New Hope Farming Technology Co., Ltd |
247,000,000.00 |
|
| 76.92% equities in Kangping Xinwang Farming Co. Ltd |
209,000,000.00 |
|
| 39.34% equities in Xiangzhou Xinhao Farming Co., Ltd |
150,000,000.00 |
|
| 100% equities in Zhucheng Xinliu Farming Technology Co., Ltd |
214,000,000.00 |
26,000,000.00 |
| 55.82% equities in Huanghua Xinhao Technology Co., Ltd, 60.66% equities in Xiangzhou Xinhao Farming Co., Ltd, and 50% equities in Beijing Meihao Meideling Food Co., Ltd |
281,792,000.00 |
|
| Total |
1,707,125,400.00 |
134,666,600.00 |
(2) The mortgage loans and asset mortgages are presented as follows:
| Collaterals |
Original book value of collateral |
Amount of mortgage loan |
|---|
| Long-term borrowings |
Long-term borrowings due within one year |
|---|
| Land and houses of Beijing Kinghey Food Co., Ltd |
185,463,534.24 |
96,000,000.00 |
1,500,000.00 |
| Land and houses of Guanghan Guoxiong Feed Co., Ltd and Chengdu Century Investment Co., Ltd |
42,903,961.14 |
130,000,000.00 |
20,000,000.00 |
| Land of Mianyang New Hope Liuhe Farming Technology Co., Ltd |
7,233,971.60 |
50,620,000.00 |
3,380,000.00 |
| Land and factory buildings of New Hope Singapore Biotechnology Ltd |
43,176,299.57 |
|
19,400,127.60 |
| Total |
278,777,766.55 |
276,620,000.00 |
44,280,127.60 |
(3) The details of guaranteed borrowings are presented as follows:
| Names of the guarantor and the guaranteed |
Ending balance of guaranteed loans |
|---|
| Long-term borrowings |
Long-term borrowings due within one year |
|---|
| Guarantee provided by New Hope Liuhe Co., Ltd for Baiyin New Hope Farming Technology Co., Ltd |
45,000,000.00 |
5,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Beijing Kinghey Food Co., Ltd |
41,762,486.19 |
1,250,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Beijing Xinliu Farming Technology Co., Ltd |
195,000,000.00 |
15,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Bijie Xinliu Farming Co., Ltd |
95,040,000.00 |
10,560,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Caoxian Xinhao Farming Co., Ltd |
250,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Changyi Xinhao Livestock Co., Ltd |
97,500,000.00 |
2,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
168,000,000.00 |
24,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Donghai Xinhao Farming Co., Ltd |
160,000,000.00 |
40,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Dongying Xinhao Modern Farming Co., Ltd |
10,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Fuping Xinliu Farming Technology Co., Ltd |
80,000,000.00 |
3,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Gansu New Hope Liuhe Farming Co., Ltd |
142,496,600.00 |
7,503,400.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Gaotang Xinhao Farming Co., Ltd |
159,354,545.88 |
7,732,800.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Guanling Xinmu Breeding Co., Ltd |
107,600,000.00 |
2,400,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Guangyuan Xinhao Agricultural Development Co., Ltd |
100,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Hainan Dengmai New Hope Farming Co., Ltd |
45,000,000.00 |
4,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Hainan Lingao Xinliu Breeding Co., Ltd |
75,000,000.00 |
10,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
197,060,000.00 |
17,940,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Hezhou Xinhao Farming Co., Ltd |
350,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Hengnan Muyun Eco-agriculture Co., Ltd |
140,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Hengyang Xinhao Farming Co., Ltd |
69,600,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Hubei Xinhao Farming Co., Ltd |
490,809,642.86 |
5,538,528.50 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Huanghua Xinhao Technology Co., Ltd |
160,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
99,000,000.00 |
28,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Juye Xinhao Farming Co., Ltd |
235,000,000.00 |
25,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Laixi New Hope Liuhe Farming Co., Ltd |
332,185,483.74 |
12,397,500.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Laiyang Xinmu Breeding Co., Ltd |
69,000,000.00 |
1,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Laiyang Xinhao Livestock Co., Ltd |
192,000,000.00 |
4,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Liquan New Hope Liuhe Farming Co., Ltd |
45,800,000.00 |
20,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Liaoning Xinwang Technology Co., Ltd |
491,401,600.00 |
2,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Liaocheng Xinhao Farming Co., Ltd |
144,383,245.20 |
48,127,581.74 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Liuzhou Xinliu Farming Technology Co., Ltd |
40,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Longhai New Hope Liuhe Farming Co., Ltd |
3,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Longhui New Hope Hop Hope Liuhe Farming Co., Ltd |
12,900,000.00 |
12,100,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Nanjing Xinmu Farming Co., Ltd |
94,785,716.00 |
21,214,286.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Nanning Xinliu Farming Technology Co., Ltd |
105,000,000.00 |
20,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Neiqiu Xinliu Farming Technology Co., Ltd |
224,566,800.00 |
5,433,200.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Ningbo New Hope Liuhe Farming Co., Ltd |
106,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Ningming Xinhao Farming Co., Ltd |
350,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Pucheng Xinliu Technology Co., Ltd |
10,380,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Rugao Xinhao Farming Co., Ltd |
50,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Ruian New Hope Liuhe Farming Co., Ltd |
50,000,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for Shandong New Hope Liuhe Group Co., Ltd |
40,000,000.00 |
100,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Shenze New Hope Liuhe Breeding Co., Ltd |
195,250,001.00 |
6,749,999.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Shuozhou Xinhao Farming Co., Ltd |
84,000,000.00 |
6,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Sichuan New Hope Liuhe Farming Co., Ltd |
600,000,000.00 |
9,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Taiqian Xinliu Farming Technology Co., Ltd |
196,500,000.00 |
3,500,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Tangshan Xinhao Farming Co., Ltd |
744,355,000.00 |
15,645,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Weinan Xinliu Technology Co., Ltd |
480,000,000.00 |
10,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Wuqi Xinliu Technology Co., Ltd |
150,000,000.00 |
10,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Wuhe New Hope Liuhe Livestock Co., Ltd |
640,653,271.24 |
58,268,714.68 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Wulian Xinhao Farming Co., Ltd |
61,250,000.00 |
8,750,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Xiajin New Hope Liuhe Farming Co., Ltd |
98,430,000.00 |
|
| Guarantee provided by New Hope Liuhe Co., Ltd for New Hope Singapore Pte., Ltd |
2,381,588,500.00 |
97,873,500.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Xingren Xinliu Farming Technology Co., Ltd |
49,500,000.00 |
5,500,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yantai Xinhao Farming Co., Ltd |
140,870,276.96 |
2,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yanting Xinhao Farming Co., Ltd |
115,010,000.00 |
14,460,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yangling Besun Agricultural Industry Group Co., Ltd |
80,000,000.00 |
10,000,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yijun Xinliu Technology Co., Ltd |
159,500,000.00 |
5,500,000.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yingcheng Xinhao Farming Co., Ltd |
307,031,500.00 |
438,500.00 |
| Guarantee provided by New Hope Liuhe Co., Ltd for Yihai Agricultural Development Co., Ltd |
64,950,000.00 |
|
| Total |
12,423,514,669.07 |
718,883,009.92 |
Total 12,423,514,669.07 718,883,009.92 Other remarks, including range of interest rate:
The range of interest rate on the ending long-term borrowings of the company was 1.25%-4.75%.
31. Bonds payable
(1) Bonds payable
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Convertible corporate bonds |
813,813,222.55 |
|
| Medium-term notes |
1,994,730,486.00 |
|
| Total |
2,808,543,708.55 |
|
(2) Increase or decrease in bonds payable (excluding preferred shares, perpetual bonds and other financial instruments classified as financial liabilities)
Unit: yuan
| Bond name |
Nominal value |
Date issued |
Bond period |
Issue amount |
Beginning balance |
Currently issued |
Interest accrued at nominal value |
Amortization of premium and discount |
Currently repaid |
Converted into shares in the current period |
Minus: bonds payable due within one year |
Ending balance |
|---|
| Converti ble corporate bonds |
4,000,000,000.00 |
2020/1/3 |
6 years |
3,986,000,000.00 |
|
3,178,181,843.81 |
8,001,900.51 |
685,392,966.95 |
1,902,467.97 |
3,049,761,588.21 |
6,099,432.54 |
813,813,222.55 |
| Medium- term notes |
2,000,000,000.00 |
2020/3/9 |
3 years |
1,992,800,000.00 |
|
1,992,800,000.00 |
57,166,666.70 |
1,930,486.00 |
|
|
57,166,666.70 |
1,994,730,486.00 |
| Total |
-- |
-- |
-- |
5,978,800,000.00 |
|
5,170,981,843.81 |
65,168,567.21 |
687,323,452.95 |
1,902,467.97 |
3,049,761,588.21 |
63,266,099.24 |
2,808,543,708.55 |
(3) Remarks on conditions and time of conversion into shares for convertible corporate bonds
According to the “Approval of Public Issue of Convertible Corporate Bonds by New Hope Liuhe Co., Ltd” issued by CSRC (CSRC permit [2019] No. 1902), the company publicly issued 40 million convertible corporate bonds each having a par value of 100 Yuan on January 3, 2020, for a total issue amount of 4.0 billion Yuan and a bond period of 6 years.
The nominal rate of convertible corporate bonds issued this time is 0.20% for the first year, 0.40% for the second year, 0.80% for the third year, 1.20% for the fourth year, 1.60% for the fifty year and 2.00% for the sixth year, with interest payable per year and the conversion period from the first trading day (July 9, 2020) after six months of the end of this issue of convertible bonds (January 9, 2020, T+4) to the expiry date of the convertible bonds (January 2, 2026). Holders may apply for conversion into shares within the conversion period.
The initial conversion price of convertible corporate bonds issued this time is 19.78 Yuan/share, which is no lower than the average trading price of A-share stocks of the company in 20 trading days prior to the date of announcement of Offering Circular (if share price adjustments occurred due to ex-right and ex-dividend within such 20 trading days, the average trading price of trading days before adjustment is calculated by the price after corresponding ex-right and ex-dividend adjustments) and the average trading price of A-share stocks of the company on the immediately preceding trading day.
On April 28, 2020, the company held its 2019 annual general meeting, deliberating and passing the “2019 Annual Profit Distribution Plan”, whereby the company distributes cash dividend of RMB 1.50 Yuan (pretax) per 10 shares to all shareholders based on the total shares on the record date designated in the 2019 annual profit distribution implementation announcement. This profit distribution plan has been fully implemented, so that the conversion price of the company was adjusted from 19.78 Yuan/share to 19.63 Yuan/share, effective as of June 19, 2020.
On September 18, 2020, with the “Approval of Private Placement of Stocks by New Hope Liuhe Co., Ltd” (CSRC permit [2020]No. 1961) issued by CSRC, the company privately placed 177,147,918 RMB ordinary shares (A shares) to two specific investors by means of private placement of stocks, with related shares already registered with CSDC Shenzhen with respect to newly issued shares and were listed on Shenzhen Stock Exchange on October 29, 2020, for an issue price of 22.58 Yuan/share. The convertible bonds issued this time have entered the conversion period at July 9, 2020, and the total share capital of the company after this issue was increased to 4,504,101,656 shares if calculated based on the total share capital of 4,326,953,738 shares of the company as of September 18, 2020. According to the related terms of the convertible corporate bonds, the conversion price of “Hope Convertible Bonds” will be adjusted from 19.63 Yuan/share to 19.75 Yuan/share as of October 29, 2020. The adjusted conversion price took effect as of October 29, 2020.
(4) Remarks on other financial instruments classified as financial liabilities
Basic information about other financial instruments issued and outstanding at the end of period such as preferred shares and perpetual bonds
None
32. Long-term payables
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Long-term payables |
|
6,000,000.00 |
| Total |
|
6,000,000.00 |
(1) Long-term payables presented by nature of amount
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Fnancing lease amounts payable |
|
6,000,000.00 |
| Wherein: financial lease-long-term payables |
|
6,144,875.00 |
| Financial lease-unrecognized financing costs |
|
-144,875.00 |
| Total |
|
6,000,000.00 |
Other remarks:
Note: the long-term payables were due to a subsidiary Weifang New Hope Liuhe Feed Technology Co., Ltd signing a contract with New Hope Finance Co., Ltd, whereby part of machinery and equipment was transferred to and leased back from New Hope Finance Co., Ltd and the ownership of such machinery and equipment is acquired by a nominal amount of 100 Yuan upon the expiration of lease term, which sale-leaseback formed a financing lease, the ending balance of which has been reclassified to “long-term payables due within one year”.
33. Deferred income
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
Causes of formation |
|---|
| Government subsidy |
285,525,426.87 |
54,112,911.11 |
63,968,204.58 |
275,670,133.40 |
|
| Unrealized income on sale-leaseback |
-726,839.32 |
635,040.85 |
37,724.01 |
-129,522.48 |
Sale-leaseback |
| Total |
284,798,587.55 |
54,747,951.96 |
64,005,928.59 |
275,540,610.92 |
-- |
Items involving government subsidy:
Unit: yuan
| Items of liabilities |
Beginning balance |
Current amount of new subsidies |
Current amount charged to non-business revenue |
Current amount charged to other income |
Current amount charged against costs and expenses |
Other changes |
Ending balance |
Asset-related/income-related |
|---|
| Joint-stock company |
50,000.00 |
|
|
|
|
|
50,000.00 |
Asset-related |
| headquarters—formul ation of a standard “Feed ingredient soy protein concentrate” |
|
|
|
|
|
|
|
|
| Joint-stock company headquarters-formulat ion of a standard “Feed Ingredient Stone Powder”. |
50,000.00 |
|
|
|
|
|
50,000.00 |
Asset-related |
| Joint-stock company headquarters- Research of AI-based rapid identification and containment technology system for drug-resistant bacteria transmitting between humans and poultry (special project) |
|
710,000.00 |
|
10,290.00 |
|
|
699,710.00 |
Asset-related |
| Joint-stock company headquarters—Resear ch of comprehensive prevention and control of main infectious diseases of poultry and international cooperation platform construction project (special project) |
384,154.88 |
|
|
196,382.24 |
|
|
187,772.64 |
Asset-related |
| Joint-stock company headquarters-- |
300,000.00 |
|
|
|
|
|
300,000.00 |
Asset-related |
| Joint-stock company headquarters--Regulat ion and mechanism formed by daily ration composition and feeding system on healthy and high-quality meat of livestock and poultry |
159,351.40 |
104,366.00 |
|
20,119.00 |
|
|
243,598.40 |
Asset-related |
| Joint-stock company headquarters--Researc h and development of packaged technology and equipment for treatment and recycling of dead livestock and poultry and slaughtering wastes (special project) |
354,833.38 |
90,000.00 |
|
133,000.00 |
|
|
311,833.38 |
Asset-related |
| Joint-stock company headquarters—“Excel lent Plan” project of Tech City Talent Program (special project) |
|
450,000.00 |
|
|
|
|
450,000.00 |
Asset-related |
| Joint-stock company headquarters— Application and demonstration of |
271,286.16 |
128,000.00 |
|
107,803.34 |
|
|
291,482.82 |
Asset-related |
| efficient and safe breeding technology for green aquatic birds. |
|
|
|
|
|
|
|
|
| Mianyang New Hope—industrial development funding |
|
3,050,000.00 |
|
94,107.00 |
|
|
2,955,893.00 |
Asset-related |
| Guanghan Guoxiong--Subsidy for boilers |
69,333.28 |
|
|
8,000.04 |
|
|
61,333.24 |
Asset-related |
| Hebei New Hope—subsidy for boilers |
133,333.30 |
|
|
16,666.68 |
|
|
116,666.62 |
Asset-related |
| Wulong -government subsidy for private enterprise funding |
59,999.86 |
|
|
20,000.04 |
|
|
39,999.82 |
Asset-related |
| Baoji New Hope—integration of IT application with industrialization project (workshop electric control and automated computer batching system) |
117,209.32 |
|
|
29,302.32 |
|
|
87,907.00 |
Asset-related |
| Baoji Hope-Subsidy for technical renovation of vertical silos |
87,553.78 |
|
|
2,575.08 |
|
|
84,978.70 |
Asset-related |
| Baoji New Hope—special subsidy for boiler demolition and renovation |
128,000.08 |
|
|
15,999.96 |
|
|
112,000.12 |
Asset-related |
| Baoji New Hope—subsidy for feed plant project |
592,105.44 |
|
|
26,315.76 |
|
|
565,789.68 |
Asset-related |
| Huanggang New Hope—government subsidy |
4,756,984.87 |
|
|
107,429.64 |
|
|
4,649,555.23 |
Asset-related |
| Huaihua New Hope—construction of standardized factory buildings |
1,542,416.78 |
|
|
41,499.96 |
|
|
1,500,916.82 |
Asset-related |
| Xiangyang New Hope—preferential land policy |
3,268,871.60 |
|
|
69,182.40 |
|
|
3,199,689.20 |
Asset-related |
| Xinguofu Co., Ltd-subsidy for fixed assets |
955,868.13 |
|
|
59,817.96 |
|
|
896,050.17 |
Asset-related |
| Laiwu Liuhe Food—boiler subsidy |
|
40,000.00 |
|
|
|
|
40,000.00 |
Asset-related |
| Yishui Refrigeration—subsid y for clean heating project using multi-energy complementation. |
|
1,110,000.00 |
|
37,000.00 |
|
|
1,073,000.00 |
Asset-related |
| Yishui Refrigeration—subsid y for sewage |
825,440.00 |
|
|
62,496.00 |
|
|
762,944.00 |
Asset-related |
| treatment tank and sewage treatment enhancement |
|
|
|
|
|
|
|
|
| Porridge Jiahe—2018 SME development funding project for promotion of industrial restructuring |
450,000.00 |
|
|
|
|
|
450,000.00 |
Asset-related |
| Porridge Jiahe-- Project of R&D and demonstration of packaged equipment of Chinese-styled automatic central kitchens |
585,000.00 |
|
|
|
|
|
585,000.00 |
Asset-related |
| Subsidy for low-nitrogen renovation of gas (oil)-fired boilers of Porridge Jiahe in |
|
244,000.00 |
|
25,084.07 |
|
|
218,915.93 |
Asset-related |
| Dezhoou Jinshan—government subsidy for refrigerating equipment |
1,198,650.00 |
|
|
235,800.00 |
|
|
962,850.00 |
Asset-related |
| Government subsidy for boiler renovation of Dezhou Jinshan |
74,400.00 |
|
|
14,880.00 |
|
|
59,520.00 |
Asset-related |
| Jiaxiang Food- reward for countryside revitalization project |
2,632,804.00 |
|
|
67,080.00 |
|
|
2,565,724.00 |
Asset-related |
| Jiaxiang Food- government land subsidy |
9,676,042.88 |
|
|
206,974.22 |
|
|
9,469,068.66 |
Asset-related |
| Jiaxiang Food—subsidy for modern efficient livestock industry development project |
606,666.62 |
|
|
65,000.02 |
|
|
541,666.60 |
Asset-related |
| Linyi Refrigeration—Solar energy subsidy—Decaiqizhi [2017] No.6 |
443,255.01 |
|
|
64,860.01 |
|
|
378,395.00 |
Asset-related |
| Weifang Heshengyuan-2017 subsidy for technical renovation of fixed assets |
374,233.35 |
|
|
43,599.95 |
|
|
330,633.40 |
Asset-related |
| Weifang Heshengyuan-2018 subsidy for technical renovation of fixed assets |
1,722,349.97 |
|
|
186,200.04 |
|
|
1,536,149.93 |
Asset-related |
| Weifang Heshengyuan—rebate of land transfer fee |
2,726,935.89 |
|
|
58,765.36 |
|
|
2,668,170.53 |
Asset-related |
| Weifang Heshengyuan—tax |
678,032.32 |
|
|
80,558.36 |
|
|
597,473.96 |
Asset-related |
| rebate for imported equipment for deli |
|
|
|
|
|
|
|
|
| Beijing Kinghey—subsidy for central additional investment in cold chain logistics |
925,000.00 |
|
|
300,000.00 |
|
|
625,000.00 |
Asset-related |
| Kinghey--Subsidy for cold chain logistics project |
3,964,090.95 |
|
|
147,272.60 |
|
|
3,816,818.35 |
Asset-related |
| Kinghey--Subsidy for water-saving renovation project |
23,000.00 |
|
|
18,000.00 |
|
|
5,000.00 |
Asset-related |
| Kinghey--Subsidy for energy-saving technical renovation project |
532,917.76 |
|
|
130,510.59 |
|
|
402,407.17 |
Asset-related |
| Kinghey--Subsidy for cold chain logistics |
1,224,999.86 |
|
|
424,999.85 |
|
|
800,000.01 |
Asset-related |
| Kinghey--Monetary reward for contribution to major pig-exporting counties |
1,000,000.15 |
|
|
1,000,000.15 |
|
|
|
Asset-related |
| Hebei Kinghey—subsidy for boiler renovation using special funding for air pollution control |
101,250.00 |
|
|
22,500.00 |
|
|
78,750.00 |
Asset-related |
| Kinghey--Subsidy for sewage treatment project |
599,999.96 |
|
|
49,999.96 |
|
|
550,000.00 |
Asset-related |
| Kinghey--Subsidy for live pig industrialization project |
800,000.04 |
|
|
800,000.04 |
|
|
|
Asset-related |
| Farming--Subsidy for construction of standardized, large-scale live pig breeding farm in Kuancheng |
101,666.15 |
|
|
49,999.91 |
|
|
51,666.24 |
Asset-related |
| Hebei Farming-- Subsidy for biogas project construction on Kuancheng Breeding Base |
79,166.71 |
|
|
50,000.04 |
|
|
29,166.67 |
Asset-related |
| Hebei Farming—equipment subsidy for biogas project construction on Kuancheng Breeding Base |
103,750.00 |
|
|
75,000.00 |
|
|
28,750.00 |
Asset-related |
| Hebei Farming-- Subsidy for shopping basket program in Kuancheng |
116,666.71 |
|
|
50,000.05 |
|
|
66,666.66 |
Asset-related |
| Hebei Farming-- Live pig project for |
90,000.00 |
|
|
30,000.00 |
|
|
60,000.00 |
Asset-related |
| shopping basket program in Kuancheng |
|
|
|
|
|
|
|
|
| Farming-- Standardized, large-scale live pig breeding farm construction project in Kuancheng |
120,000.00 |
|
|
0.00 |
|
|
120,000.00 |
Asset-related |
| Tibet Linzhi-- Subsidy for circular economy development |
454,666.78 |
|
|
152,799.96 |
|
|
301,866.82 |
Asset-related |
| Tibet Linzhi—subsidy for harmless treatment of dead or sick pigs |
|
62,320.00 |
|
37,392.00 |
|
|
24,928.00 |
Asset-related |
| Yangling Besun- 2014 funding for provincial-level industrialization project of integrated agricultural development |
2,640,000.00 |
|
|
165,000.00 |
|
|
2,475,000.00 |
Asset-related |
| Yangling Besun- 2014 Provincial modern agricultural park special funding project |
4,291,666.78 |
|
|
249,999.96 |
|
|
4,041,666.82 |
Asset-related |
| Yangling Besun-10,000 t/a cold storage project |
2,000,000.00 |
|
|
|
|
|
2,000,000.00 |
Asset-related |
| Yangling Besun-- Subsidy for the demonstration project of piglet nursing technology industrialization |
60,000.14 |
|
|
9,999.98 |
|
|
50,000.16 |
Asset-related |
| Yangling Besun-- Animal disease control center construction project |
1,500,000.00 |
|
|
|
|
|
1,500,000.00 |
Asset-related |
| Yangling Besun- Branded meat sales network construction project |
300,000.00 |
|
|
60,000.00 |
|
|
240,000.00 |
Asset-related |
| Yangling Besun- Industry support funding for demonstration areas for national service sector development guidance funding |
4,000,000.00 |
|
|
|
|
|
4,000,000.00 |
Asset-related |
| Yangling Besun-Project of safe and pollution-free pork deep processing plant |
1,000,000.00 |
|
|
|
|
|
1,000,000.00 |
Asset-related |
| Yangling Besun- Industrialization project of safe and pollution-free deep |
2,800,000.00 |
|
|
|
|
|
2,800,000.00 |
Asset-related |
| processing of pork |
|
|
|
|
|
|
|
|
| Yangling Besun--Productive subsidy for 20000 t/a bagged organic fertilizer and 10000t/a liquid fertilizer plant project |
1,805,000.00 |
|
|
189,999.94 |
|
|
1,615,000.06 |
Asset-related |
| Yangling Besun-- Project of reconstruction and expansion of 5000t/a safe and pollution-free pork deep processing plant in Yangling Demonstration Area |
3,375,000.00 |
|
|
|
|
|
3,375,000.00 |
Asset-related |
| Yangling Besun-- Project of expansion of standard, large-sized commodity pig fattening base |
2,000,000.00 |
|
|
|
|
|
2,000,000.00 |
Asset-related |
| Yangling Besun-- Project of live pig quality traceability across industry chain and epidemic disease prevention and control system construction |
1,958,733.38 |
|
|
249,133.38 |
|
|
1,709,600.00 |
Asset-related |
| Yangling Besun-- Project of comprehensive utilization of pig farm wastes and clean production |
7,499,970.58 |
|
|
500,870.58 |
|
|
6,999,100.00 |
Asset-related |
| Yangling Besun-- Project of demonstrative pig farm |
250,000.00 |
|
|
|
|
|
250,000.00 |
Asset-related |
| Yangling Besun-- Project of harmless treatment system for dead or sick pigs |
4,000,000.00 |
|
|
|
|
|
4,000,000.00 |
Asset-related |
| Yangling Besun-- Breeding boar station construction project |
500,012.04 |
|
|
99,992.04 |
|
|
400,020.00 |
Asset-related |
| Yangling Besun-- Project of green pork deep processing and meat product safety testing center |
10,000,000.00 |
|
|
|
|
|
10,000,000.00 |
Asset-related |
| Besun Food-- Funds for standardized transformation project of slaughtering companies |
800,000.00 |
|
|
200,000.00 |
|
|
600,000.00 |
Asset-related |
| Besun Bigong-- Funding of Yangling Demonstration Area Bureau of Finance for |
714,000.00 |
|
|
|
|
|
714,000.00 |
Asset-related |
| Efficient and Safe Pig Feed Production Line Construction Project |
|
|
|
|
|
|
|
|
| Baoji Jinfeng—subsidy for breeding pig farm construction |
|
1,000,000.00 |
|
|
|
|
1,000,000.00 |
Asset-related |
| Zhidan Dingxiang—swine industry development guidance and support funding |
16,000,000.00 |
|
|
|
|
|
16,000,000.00 |
Asset-related |
| Rugao Xinhao—subsidy for manure recycling project |
|
1,089,700.00 |
|
142,320.93 |
|
|
947,379.07 |
Asset-related |
| Xiajin Farming—subsidy for environmental protection |
11,731,417.18 |
|
|
469,256.61 |
|
|
11,262,160.57 |
Asset-related |
| Xiajin Farming—subsidy for road construction |
1,500,000.04 |
|
|
99,999.86 |
|
|
1,400,000.18 |
Asset-related |
| Xiajin Breeding—subsidy for agricultural machinery |
68,122.55 |
|
|
18,165.96 |
|
|
49,956.59 |
Asset-related |
| Linmu Swine Breeding-- subsidy for agricultural machinery |
|
150,000.00 |
|
15,833.27 |
|
|
134,166.73 |
Asset-related |
| Linyi Swine Breeding—governme nt subsidy for fermentation tanks |
79,340.00 |
862,100.00 |
|
28,716.14 |
|
|
912,723.86 |
Asset-related |
| Linyi Swine Breeding--Governme nt subsidy for tank-type tricycles |
29,600.00 |
|
|
2,960.04 |
|
|
26,639.96 |
Asset-related |
| Linyi Swine Breeding --Subsidy for major pig-exporting county |
222,000.11 |
|
|
36,999.96 |
|
|
185,000.15 |
Asset-related |
| Rongchang Pig Farm—subsidy for offsite fermentation bed project |
|
247,500.00 |
|
2,062.50 |
|
|
245,437.50 |
Asset-related |
| Rongchang Pig Farm—boar station construction project |
1,200,000.28 |
|
|
99,999.96 |
|
|
1,100,000.32 |
Asset-related |
| Rongchang Pig Farm—sewage treatment plant project subsidy |
476,667.27 |
|
|
35,000.00 |
|
|
441,667.27 |
Asset-related |
| Rongchang Pig Farm—subsidy for pig resources |
40,000.15 |
|
|
9,999.88 |
|
|
30,000.27 |
Asset-related |
| Jiangyou Pig Farm—Swine industry park breeding-related |
|
400,000.00 |
|
11,111.11 |
|
|
388,888.89 |
Asset-related |
| technology research project in Jiangyou city |
|
|
|
|
|
|
|
|
| Jiangyou Pig Farm--The “5.12” post-disaster reconstruction project |
1,389,583.54 |
|
|
114,999.88 |
|
|
1,274,583.66 |
Asset-related |
| Jiangyou Pig Farm—sewage treatment system |
294,552.37 |
|
|
34,398.98 |
|
|
260,153.39 |
Asset-related |
| Jiangyou Pig Farm—live pig industrialization project |
1,391,685.46 |
|
|
140,614.30 |
|
|
1,251,071.16 |
Asset-related |
| Jiangyou Pig Farm--Project of key technology industrialization for healthy breeding of live pigs and deep processing of meat products |
416,666.70 |
|
|
333,333.44 |
|
|
83,333.26 |
Asset-related |
| Junan Swine Breeding—2015 modern development funding project |
1,384,958.78 |
|
|
79,139.99 |
|
|
1,305,818.79 |
Asset-related |
| Junan Swine Breeding--Governme nt subsidy for Lingquanchang high-quality produces base branding |
205,917.03 |
|
|
24,997.82 |
|
|
180,919.21 |
Asset-related |
| Junan Swine Breeding-- Subsidy for Lingquanchang showroom |
569,998.61 |
|
|
29,998.61 |
|
|
540,000.00 |
Asset-related |
| Junan Swine Breeding--Subsidy for Lingquanchang digital system management and breeding equipment |
775,004.86 |
|
|
100,001.53 |
|
|
675,003.33 |
Asset-related |
| Junan Swine Breeding-- Healthy breeding subsidy for Lingquanchang live pig business |
165,520.83 |
|
|
8,754.16 |
|
|
156,766.67 |
Asset-related |
| Junan Swine Breeding--Subsidy for Huang-Huai-Hai project |
435,000.00 |
|
|
435,000.00 |
|
|
|
Asset-related |
| Huanghua Xinhao—industry development fund |
900,000.00 |
|
|
90,000.00 |
|
|
810,000.00 |
Asset-related |
| Liaocheng Xinhao—subsidy for agricultural machinery |
|
867,550.00 |
|
86,754.98 |
|
|
780,795.02 |
Asset-related |
| Gaomi Swine Breeding--Subsidy for standardized |
300,353.72 |
|
|
24,998.41 |
|
|
275,355.31 |
Asset-related |
| breeding operations |
|
|
|
|
|
|
|
|
| Tangshan Xinhao—agricultural project subsidy |
|
1,300,000.00 |
|
48,750.02 |
|
|
1,251,249.98 |
Asset-related |
| Tangshan Xinhao-government subsidy for cleaning and decontamination center |
|
2,871,500.00 |
|
131,610.42 |
|
|
2,739,889.58 |
Asset-related |
| Gaotang Xinhao—subsidy for fermentation banks |
|
750,000.00 |
|
150,000.00 |
|
|
600,000.00 |
Asset-related |
| Xiaoxian Swine Breeding—subsidy for introduction of varieties |
|
203,700.00 |
|
62,241.63 |
|
|
141,458.37 |
Asset-related |
| Xiaoxian Swine Breeding—subsidy for boar station |
89,166.71 |
|
|
9,999.96 |
|
|
79,166.75 |
Asset-related |
| Yijun Xinliu—infrastructure construction funding |
|
2,450,000.00 |
|
367,500.00 |
|
|
2,082,500.00 |
Asset-related |
| Shenze Xinhao—subsidy for agricultural equipment |
|
17,900.00 |
|
1,608.35 |
|
|
16,291.65 |
Asset-related |
| Zhaoqing Xinhao—government subsidy for agricultural industry park funding |
|
4,400,000.00 |
|
109,999.98 |
|
|
4,290,000.02 |
Asset-related |
| Nanning Xinliu—government subsidy for 2020 pig production stabilization project |
|
550,000.00 |
|
|
|
|
550,000.00 |
Asset-related |
| Dean Xinchi—subsidy for introduction of varieties |
|
542,700.00 |
|
15,000.00 |
|
|
527,700.00 |
Asset-related |
| Santai Farming--Subsidy for enclosure walls and roads |
46,666.60 |
|
|
35,000.32 |
|
|
11,666.28 |
Asset-related |
| Santai Farming-- Subsidy for standardized pig farm construction |
683,333.23 |
|
|
200,000.20 |
|
|
483,333.03 |
Asset-related |
| Santai Farming --Subsidy for post-disaster projects |
80,000.00 |
|
|
60,000.00 |
|
|
20,000.00 |
Asset-related |
| Santai Farming --Subsidy for pig farm construction project |
132,292.07 |
|
|
34,375.20 |
|
|
97,916.87 |
Asset-related |
| Santai Farming--Subsidy for major pig-exporting county project |
212,500.00 |
|
|
50,000.27 |
|
|
162,499.73 |
Asset-related |
| Santai |
641,666.8 |
|
|
|
299,999.20 |
|
341,667.69 |
Asset-related |
| Farming--Interest subsidies |
9 |
|
|
|
|
|
|
|
| Santai Farming--Subsidy for project construction |
400,000.00 |
|
|
300,000.00 |
|
|
100,000.00 |
Asset-related |
| Santai Farming--Subsidy for a key modern animal husbandry project |
267,760.41 |
|
|
60,624.73 |
|
|
207,135.68 |
Asset-related |
| Santai Farming--Subsidy for manure recycling project |
|
309,318.50 |
|
283,541.94 |
|
|
25,776.56 |
Asset-related |
| Yanting Xinhao--Subsidy for 2000 m3 clean water reservoir |
184,997.00 |
|
|
20,004.00 |
|
|
164,993.00 |
Asset-related |
| Yanting Xinhao--Subsidy for manure treatment and recycling project of 12000/a breeding pig farm in Jianhe Town |
1,160,832.00 |
|
|
122,004.00 |
|
|
1,038,828.00 |
Asset-related |
| Yanting Xinhao--Subsidy for large-sized biogas engineering project |
81,250.00 |
1,406,250.00 |
|
150,000.00 |
|
|
1,337,500.00 |
Asset-related |
| Leshan Farming--Subsidy for information stations |
39,200.00 |
|
|
39,200.00 |
|
|
|
Asset-related |
| Leshan Farming--Subsidy for irrigation pumping stations on Fenquan Pig Farm |
10,312.50 |
|
|
5,624.75 |
|
|
4,687.75 |
Asset-related |
| Leshan Farming--Special funding for live pig industry chain |
465,149.95 |
|
|
73,618.09 |
|
|
391,531.86 |
Asset-related |
| Leshan Farming—subsidy for fertile sows |
|
757,289.65 |
|
21,035.82 |
|
|
736,253.83 |
Asset-related |
| Qianjiang Xinhao—subsidy for construction project |
|
2,500,000.00 |
|
31,250.01 |
|
|
2,468,749.99 |
Asset-related |
| Guanglv Xinliu—subsidy for the second phase of swine variety introduction in Hangzhou |
|
1,834,000.00 |
|
50,944.40 |
|
|
1,783,055.60 |
Asset-related |
| Guanglv Xinliu—subsidy for the first phase of variety introduction in Xiaoshan District |
|
3,668,000.00 |
|
101,888.89 |
|
|
3,566,111.11 |
Asset-related |
| Nanchong New Hope—major industry projects and technical renovation project with city-level |
1,893,229.16 |
|
|
125,000.04 |
|
|
1,768,229.12 |
Asset-related |
| industry development funding in Nanchong in 2017 |
|
|
|
|
|
|
|
|
| Nanchong New Hope—technical renovation and transformation and upgrading project (deep processing of agricultural products) |
559,375.00 |
|
|
37,500.00 |
|
|
521,875.00 |
Asset-related |
| Nanchong New Hope—project of transformation of scientific and technological achievements |
|
420,000.00 |
|
17,500.00 |
|
|
402,500.00 |
Asset-related |
| Luzhou New Hope—subsidy for environmental protection |
128,671.62 |
|
|
18,830.04 |
|
|
109,841.58 |
Asset-related |
| Yulin New Hope—subsidy for pig feed production line |
204,166.45 |
|
|
29,166.72 |
|
|
174,999.73 |
Asset-related |
| Guilin New Hope—600-type unit of pig feed production line in Guilin |
114,750.00 |
|
|
27,000.00 |
|
|
87,750.00 |
Asset-related |
| Guangzhou Hope—subsidy for motor renovation |
100,201.67 |
|
|
20,379.96 |
|
|
79,821.71 |
Asset-related |
| Guangzhou Hope—subsidy for boiler renovation |
96,000.04 |
|
|
15,999.92 |
|
|
80,000.12 |
Asset-related |
| Maoming Liuhe—subsidy for technical renovation |
|
1,047,400.00 |
|
22,769.55 |
|
|
1,024,630.45 |
Asset-related |
| Jieyang Guoxiong—subsidy for boiler renovation |
97,066.61 |
|
|
12,800.04 |
|
|
84,266.57 |
Asset-related |
| Huaihua Xiangzhu—raw materials bulk packaging line |
29,200.00 |
|
|
5,200.00 |
|
|
24,000.00 |
Asset-related |
| Wuhan Guoxiong—governm ent subsidy for gas-fired boilers |
329,333.28 |
|
|
38,000.03 |
|
|
291,333.25 |
Asset-related |
| Wuwei Hope—subsidy for natural gas transformation |
59,333.23 |
|
|
8,000.04 |
|
|
51,333.19 |
Asset-related |
| Huaian New Hope—special reward for science and technology in north Jiangsu |
500,000.00 |
|
|
500,000.00 |
|
|
|
Asset-related |
| Ziyang Farming—subsidy for pilot projects of deepening reforms |
57,300.00 |
|
|
21,807.84 |
|
|
35,492.16 |
Asset-related |
| Ziyang Farming—subsidy for major pig-exporting counties |
97,000.00 |
|
|
20,700.00 |
|
|
76,300.00 |
Asset-related |
| Ziyang Farming--Subsidy for shopping basket program |
263,200.16 |
|
|
34,992.00 |
|
|
228,208.16 |
Asset-related |
| Hope Food-- A kind of grain sausage and its preparation method |
63,333.26 |
|
|
20,000.03 |
|
|
43,333.23 |
Asset-related |
| Hope Food—construction of high-quality pork product storage and transport system and safety assurance technology integration and industrialization |
311,880.08 |
|
|
103,959.97 |
|
|
207,920.11 |
Asset-related |
| Hope Food-- Funds for the second batch of projects for industrial economic development in outer suburbs of Chengdu from Xinjin County Bureau of Economic Development |
788,647.28 |
|
|
72,463.79 |
|
|
716,183.49 |
Asset-related |
| Hope Food—Yak industry chain project (phase II) |
650,000.00 |
|
|
517,700.00 |
|
|
132,300.00 |
Asset-related |
| Hope Food—special funding for pig industry chain |
246,327.89 |
|
|
173,878.56 |
|
|
72,449.33 |
Asset-related |
| Hope Food-- Special grant for application research of protein cross-linking technology in meat processing |
125,797.52 |
|
|
60,382.80 |
|
|
65,414.72 |
Asset-related |
| HopeFood-- Research and industrialization of key technology for quick frozen, prepared flour-covered food processing |
56,966.87 |
|
|
27,959.51 |
|
|
29,007.36 |
Asset-related |
| Hope Food-- Research and industrialization of key technology for quick frozen prepared food processing |
13,500.00 |
|
|
9,000.00 |
|
|
4,500.00 |
Asset-related |
| Hope Food-- Research, development and application of enzyme resistant starch recovery technology and new products for |
383,580.00 |
|
|
127,860.00 |
|
|
255,720.00 |
Asset-related |
| high-end meat products |
|
|
|
|
|
|
|
|
| Aba Yak—high-quality forage grass demonstration base |
53,894.00 |
|
|
14,371.67 |
|
|
39,522.33 |
Asset-related |
| Aba Yak—slaughtering wastewater treatment project |
109,808.33 |
|
|
39,999.92 |
|
|
69,808.41 |
Asset-related |
| Aba Yak—fixed assets in support of the healthy cattle farming demonstration center |
326,287.00 |
|
|
33,263.56 |
|
|
293,023.44 |
Asset-related |
| Aba Yak-- Technical renovation of cattle and sheep slaughtering production line |
137,203.46 |
|
|
9,429.37 |
|
|
127,774.09 |
Asset-related |
| Aba Yak—yak industry chain technology research and intetgration demonstration project |
300,300.00 |
|
|
|
|
|
300,300.00 |
Asset-related |
| Aba Yak-- Subsidy for Southwest University for Nationalities |
|
64,600.00 |
|
|
|
|
64,600.00 |
Asset-related |
| Aba Yak—alpine animal husbandry industry and regional industry technology system construction and demonstration |
435,400.00 |
|
|
435,400.00 |
|
|
|
Asset-related |
| Hanzhong Hope—government subsidy for coal-to-gas transformation of boilers |
112,499.99 |
|
|
18,000.00 |
|
|
94,499.99 |
Asset-related |
| Lanzhou New Hope—government subsidy for coal-to-gas transformation of boilers (amortization of deferred income-assets) |
151,666.57 |
|
|
20,000.04 |
|
|
131,666.53 |
Asset-related |
| Livestock Technology-- Construction and integrated application of safe, efficient biological feed technology system |
1,250,000.00 |
|
|
|
|
|
1,250,000.00 |
Asset-related |
| Livestock Technology—lab renovation project |
400,000.00 |
|
|
|
|
|
400,000.00 |
Asset-related |
| Livestock Technology-- Development of |
200,000.00 |
|
|
|
|
|
200,000.00 |
Asset-related |
| new-type microecologics and biological feed. |
|
|
|
|
|
|
|
|
| Livestock Technology-- Livestock and poultry product quality and safety control laboratory project |
1,000,000.00 |
|
|
|
|
|
1,000,000.00 |
Asset-related |
| Livestock Technology--The Chengdu Drifters program—establishm ent of effective nutrient assessment and forecasting system for raw materials |
150,000.00 |
|
|
|
|
|
150,000.00 |
Asset-related |
| Livestock Technology--The Chengdu Drifters program—feed ingredient bio-fermentation pretreatment technology |
250,000.00 |
|
|
|
|
|
250,000.00 |
Asset-related |
| Livestock Technology-- Research and application of key technology of efficient utilization of protein feed resources |
190,000.00 |
|
|
190,000.00 |
|
|
|
Asset-related |
| Livestock Technology—Zhuge Elite Program |
1,800,000.00 |
|
|
|
|
|
1,800,000.00 |
Asset-related |
| Livestock Technology—Feed industry analysis and testing platform |
38,000.00 |
|
|
|
|
|
38,000.00 |
Asset-related |
| Livestock Technology-- technology for production of high-digestion-rate piglet |
70,000.00 |
|
|
|
|
|
70,000.00 |
Asset-related |
| Sichuan Xinke-- Research and industrialization of integrated key technology for production of safe and high-digestion-rate piglet feed |
130,000.00 |
|
|
|
|
|
130,000.00 |
Asset-related |
| Centry Investment—technica l renovation subsidy received from Chengdu High-tech District Bureau of Economic Development in |
991,666.62 |
|
|
170,000.12 |
|
|
821,666.50 |
Asset-related |
| December 2015 |
|
|
|
|
|
|
|
|
| Jinzhou New Hope—land subsidy |
611,517.46 |
|
|
14,585.90 |
|
|
596,931.56 |
Asset-related |
| Jinzhou New Hope—bridge subsidy |
83,000.91 |
|
|
2,020.18 |
|
|
80,980.73 |
Asset-related |
| Hongyuan Yak—product showroom renovation project |
|
250,000.00 |
|
|
|
|
250,000.00 |
Asset-related |
| Hongyuan Yak—subsidy from New Hope Group Co., Ltd for yak industry chain project |
500,000.00 |
|
|
500,000.00 |
|
|
|
Asset-related |
| Hongyuan Yak—innovation, integration and demontration of safe beef production technology (2014BAD13B03) |
878,000.00 |
|
|
878,000.00 |
|
|
|
Asset-related |
| Hongyuan Yak—2018 batch 2 industrial development funding (slaughtering line renovation) Azhou Caijian [2018]No. 106 |
650,000.00 |
|
|
650,000.00 |
|
|
|
Asset-related |
| Zhengzhou Quansheng—govern ment subsidy for pig farms |
2,625,000.00 |
|
|
258,333.32 |
|
|
2,366,666.68 |
Asset-related |
| Liuhe Group—Project of integration and industrialization demonstration of key technologies for 3000t/a marine biological products for agricultural use (special project) |
80,068.96 |
120,000.00 |
|
181,221.00 |
|
|
18,847.96 |
Asset-related |
| Liuhe Group-- Technical center innovation capacity building project (special project) |
814,354.81 |
|
|
481,299.94 |
|
|
333,054.87 |
Asset-related |
| Liuhe Group-- Research, development and industrialized demonstration of key technology for formulation of low-emission feed for aquatic poultry (special project) |
804,062.15 |
|
|
804,062.15 |
|
|
|
Asset-related |
| Liuhe Group—research and application of key technology for |
|
500,000.00 |
|
1,694.75 |
|
|
498,305.25 |
Asset-related |
| high-yield new strain breeding of white-feathered meat ducks (special project) |
|
|
|
|
|
|
|
|
| Liuhe Group—screening of marine drug sources for non-antibiotic treatment of multi-drug resistance of poultry and livestock and new drug development (special project) |
|
100,000.00 |
|
|
|
|
100,000.00 |
Asset-related |
| Liuhe Group—demonstratio n of modern production technology integration for creation of efficient feeds and high-quality meat poultry (special project) |
17,430.74 |
|
|
17,430.74 |
|
|
|
Asset-related |
| Laiwu Lelin—land transfer fees |
5,647,433.05 |
|
|
140,600.04 |
|
|
5,506,833.01 |
Asset-related |
| Daqing Liuhe—support funding |
4,703,700.00 |
|
|
400,000.00 |
|
|
4,303,700.00 |
Asset-related |
| Taihe New Hope-government land tax rebate |
1,038,188.00 |
|
|
94,368.00 |
|
|
943,820.00 |
Asset-related |
| Shanxian Food—counterpart funding for government-supporte d infrastructure construction |
8,360,000.22 |
|
|
189,999.96 |
|
|
8,170,000.26 |
Asset-related |
| Anyang Liuhe—land grant fee rebate |
1,635,223.02 |
|
|
44,195.28 |
|
|
1,591,027.74 |
Asset-related |
| Tuanfeng New Hope—government land subsidy |
216,945.00 |
|
|
47,333.28 |
|
|
169,611.72 |
Asset-related |
| Pingxiang New Hope—land use right |
4,550,833.40 |
|
|
455,083.34 |
|
|
4,095,750.06 |
Asset-related |
| Gaotang Rongda Feed—land grant fee rebate |
2,536,999.82 |
|
|
59,000.04 |
|
|
2,477,999.78 |
Asset-related |
| Fuyang Liuhe—land leveling subsidy |
3,596,324.43 |
|
|
84,208.92 |
|
|
3,512,115.51 |
Asset-related |
| Shanghe Feed-boiler subsidy |
211,111.06 |
|
|
33,333.36 |
|
|
177,777.70 |
Asset-related |
| Zoucheng Liuhe Feed- land grant fee rebate |
2,746,478.88 |
|
|
63,380.28 |
|
|
2,683,098.60 |
Asset-related |
| Zhengzhou Hongyuan Feed—subsidy for fementation equipment research funding |
159,722.41 |
|
|
27,777.72 |
|
|
131,944.69 |
Asset-related |
| Henan Dengzhou Branch—land grant fee rebate |
2,654,967.30 |
|
|
67,786.68 |
|
|
2,587,180.62 |
Asset-related |
| Henan Dengzhou Branch— boiler subsidy |
58,434.85 |
|
|
8,347.80 |
|
|
50,087.05 |
Asset-related |
| Yanshi Liuhe—subsdiy for investment promotion |
2,077,700.31 |
|
|
52,599.96 |
|
|
2,025,100.35 |
Asset-related |
| Wanxi White Goose—funding for breed conservation project |
280,000.00 |
|
|
150,000.00 |
|
130,000.00 |
|
Asset-related |
| Wanxi White Goose—special funding for protection of rare animals |
460,000.00 |
|
|
|
|
460,000.00 |
|
Asset-related |
| Tongling Huaren—subsidy for infrastructure construction |
2,379,652.50 |
|
|
159,461.25 |
|
|
2,220,191.25 |
Asset-related |
| Xiaoyi Food—2017-12-1 testing lab project |
1,899,999.98 |
|
|
|
|
|
1,899,999.98 |
Asset-related |
| Xiaoyi Food—2017-9-27 base construction project Xiaoyi Food |
766,665.72 |
|
|
|
|
|
766,665.72 |
Asset-related |
| Xiaoyi Food—Expansion of 60000t/a chicken production line and base construction |
2,319,047.60 |
953.40 |
|
|
|
|
2,320,001.00 |
Asset-related |
| Pingdu Liuhe—government land subsidy |
2,137,254.52 |
|
|
53,099.52 |
|
|
2,084,155.00 |
Asset-related |
| Fuxin Farming—land grant fee rebate |
5,481,061.96 |
|
|
117,451.33 |
|
|
5,363,610.63 |
Asset-related |
| Guantao Feed—subsidy for low-nitrogen renovation of gas-fired boilers |
|
60,000.00 |
|
2,678.55 |
|
|
57,321.45 |
Asset-related |
| Fuxin Hehui—2015 Fumeng County standardized eco-construction poroject of large livestock and poultry farms |
2,298,611.21 |
|
|
83,333.28 |
|
|
2,215,277.93 |
Asset-related |
| Leting Xinmeizi—land subsidy (new) |
11,200,000.00 |
|
|
840,000.00 |
|
|
10,360,000.00 |
Asset-related |
| Leting Xinmeizi Breeding—subsidy for beautiful countryside construction |
|
89,853.00 |
|
2,406.78 |
|
|
87,446.22 |
Asset-related |
| Laibin Xinhao—“on-the-job |
|
267,500.00 |
|
3,343.74 |
|
|
264,156.26 |
Income-related |
| training” subsidy from Laibin Employment Service Center |
|
|
|
|
|
|
|
|
| Laibin Xinhao—subsidy for construction of large pig farms |
|
500,000.00 |
|
12,501.94 |
|
|
487,498.06 |
Asset-related |
| Laibin Xinhao—subsidy for livestock and poultry manure recycling project |
2,940,000.00 |
|
|
97,998.84 |
|
|
2,842,001.16 |
Asset-related |
| Laibin Xinhao—subsidy for manure recycling construction project |
|
2,457,000.00 |
|
39,552.95 |
|
|
2,417,447.05 |
Asset-related |
| Leting Shengxiang—land compensation |
3,219,128.86 |
|
|
74,430.72 |
|
|
3,144,698.14 |
Asset-related |
| Weifang New Hope-compensation for land purchase |
5,343,212.29 |
|
|
122,363.65 |
|
|
5,220,848.64 |
Asset-related |
| Hainan Dengmai—subsidy for fixed asset investments |
98,641.51 |
|
|
98,641.51 |
|
|
0.00 |
Asset-related |
| Zunhua Feed- boiler subsidy |
96,000.20 |
|
|
16,000.00 |
|
|
80,000.20 |
Asset-related |
| Wuhan Liuhe-subsidy for newly built sheds |
62,500.00 |
|
|
|
|
|
62,500.00 |
Asset-related |
| Yanchuan Yongxiang—subsidy for Liangjiahe eco-friendly commodity pig breeding project in Liangjiahe |
31,776,592.13 |
|
|
448,437.48 |
|
31,328,154.65 |
|
Asset-related |
| Qujing Guoxiong—boiler renovation subsidy |
61,011.12 |
|
|
3,600.00 |
|
|
57,411.12 |
Asset-related |
| Jiangmen Liuhe--The 2019 support funding for technology development |
137,700.00 |
|
|
|
|
|
137,700.00 |
Income-related |
| Jiangmen Liuhe-- Reward and subsidy for large-sized industrial enterprise R&D institution |
435,699.00 |
|
|
163,160.08 |
|
|
272,538.92 |
Income-related |
| Jiangmen Liuhe--Subsidy for engineering technology R&D center |
315.69 |
|
|
192.30 |
|
|
123.39 |
Income-related |
| Fenglan Technology--Cultivati on and industrialization demonstration of “Guoxiong” branded |
165,000.12 |
|
|
54,999.80 |
|
|
110,000.32 |
Income-related |
| biological high-performance compound feed for pigs and compound feed for high-survival-rate grass carp breeding. |
|
|
|
|
|
|
|
|
| Fenglan Technology-- Project of transformation and application of biological extraction of Lutein crystals based on dried marigold |
70,356.35 |
|
|
13,683.97 |
|
|
56,672.38 |
Income-related |
| Fenglan Technology-- Research and industrialization of integrated key technology for production of safe and high-digestion-rate piglet feed |
300,000.00 |
|
|
|
|
|
300,000.00 |
Income-related |
| Fenglan Technology-- Industrialized application of Lactobacillus casei feed additive |
797.45 |
|
|
797.45 |
|
|
|
Income-related |
| Fenglan Technology--Develop ment and production of microecologics products |
26,699.72 |
|
|
8,900.04 |
|
|
17,799.68 |
Income-related |
| Fenglan Technology-- Industrialized application of new-type, safe and efficient pig feed. |
59,999.72 |
|
|
20,000.04 |
|
|
39,999.68 |
Income-related |
| Fenglan Technology-- Development and industrialization of new-type microecologics and biological feed. |
1,130,100.57 |
|
|
243,542.10 |
|
|
886,558.47 |
Income-related |
| Fenglan Technology-- Pilot plant test and industrialization demonstration of nutrition regulation technology for healthy pig breeding |
12,000.28 |
|
|
3,999.96 |
|
|
8,000.32 |
Income-related |
| Rongchang Pig Farm—subsidy for introduction of varieties |
|
153,225.00 |
|
12,768.75 |
|
|
140,456.25 |
Asset-related |
| Longkou Breeding Pig—subsidy for fertile sows |
550,000.00 |
|
|
550,000.00 |
|
|
|
Asset-related |
| Taian Xinchi—pig farming subsidy |
|
200,000.00 |
|
38,888.92 |
|
|
161,111.08 |
Asset-related |
| Guangan |
|
500,000. |
|
337,437.99 |
|
|
162,562.01 |
Income-relat |
| Xinhao-government funding for epidemic prevention |
|
00 |
|
|
|
|
|
ed |
| New Hope Farming—counterpart funding from Xinjin Elite program |
|
144,000.00 |
|
|
|
|
144,000.00 |
Income-related |
| New Hope Farming—Chengdu Talented Drifters Program |
264,264.46 |
108,000.00 |
|
108,000.00 |
|
96,000.00 |
168,264.46 |
Income-related |
| Luzhou New Hope—subsidy from grain bureau for completion of forms |
6,000.00 |
|
|
|
|
|
6,000.00 |
Income-related |
| Pengshan New Hope-- Research of integrated key technology for production of safe and high-digestion-rate piglets |
100,000.00 |
|
|
|
|
|
100,000.00 |
Income-related |
| Guangzhou Hope-- Demonstration of efficient bacteria and algae wastewater recycling system and low-resistance feed products optimized by big data |
193,643.44 |
|
|
147,080.19 |
|
|
46,563.25 |
Income-related |
| Guangzhou Hope-- Guangdong Provincial Modern Agricultural Industry Technology System Innovation Team BuildingIndustry Technology System Innovation Team BuildingIndustry Technology System Innovation Team BuildingIndustry Technology System Innovation Team BuildingIndustry Technology System Innovation Team Building (Feed Industry) Program |
50,000.00 |
|
|
13,238.70 |
|
|
36,761.30 |
Income-related |
| Hope Food- A kind of microwave pre-fried wrapping pulp and the method for processing delis using such wrapping pulp |
100,000.00 |
|
|
100,000.00 |
|
|
|
Income-related |
| Hope Food- patent portfolio for a kind of meat product processing method |
|
100,000.00 |
|
|
|
|
100,000.00 |
Income-related |
| Hope Food—key technology for |
|
316,000.00 |
|
|
|
|
316,000.00 |
Income-related |
| industrial production of Sichuan-styled fast dishes |
|
|
|
|
|
|
|
|
| Lanzhou New Hope—governmetn subsidy for on-the-job training |
|
26,800.00 |
|
13,400.00 |
|
|
13,400.00 |
Income-related |
| Livestock Technology—Chengd u Drifters Program—low-resista nce technology research for livestock and poultry feeds |
200,000.00 |
|
|
|
|
|
200,000.00 |
Income-related |
| Livestock Technology—Chengd u Drifters Program—technology of reducing emissions of trace elements from livestock and poultry feeds |
150,000.00 |
|
|
|
|
|
150,000.00 |
Income-related |
| Sichuan Xinke-- Development and industrialization of new-type microecologics and biological feed |
300,000.00 |
|
|
|
|
|
300,000.00 |
Income-related |
| Sichuan Xinke—industrialized application of key technology for healthy breeding of live pigs and deep processing of meat products |
100,000.00 |
|
|
|
|
|
100,000.00 |
Income-related |
| Hongyuan Yak- subsidy from Hongyuan County Bureau of Finance for sewage treatment system upgrading and renovation project |
|
458,700.00 |
|
|
|
|
458,700.00 |
Asset-related |
| Liuhe Group—2018 monetary reward for science and technology advancement |
50,000.00 |
|
|
50,000.00 |
|
|
|
Income-related |
| Liuhe Group--“China-EU intergovernmental cooperation program”- EU Horizon SFS-46-2017 (special project) |
635,046.49 |
200,000.00 |
|
99,747.53 |
|
|
735,298.96 |
Income-related |
| Liuhe Group-- Revision of standards for hydrolyzed feather meal used for feed (special project) |
24,067.00 |
|
|
24,067.00 |
|
|
|
Income-related |
| Liuhe Group-- Automated |
134,887.41 |
|
|
134,887.41 |
|
|
|
Income-related |
| chemiluminescence-b ased poultry meat drug residue detection and test project team (special project) |
|
|
|
|
|
|
|
|
| Liuhe Group—China-EU food safety process control system based on digital IT (special project) |
|
562,680.00 |
|
14,829.65 |
|
|
547,850.35 |
Income-related |
| Liuhe Group-- Research of microbiological degradation technology for mycotoxins in prawn feed ingredients—Shandon g Province (special project) |
|
60,000.00 |
|
|
|
|
60,000.00 |
Income-related |
| Liuhe Group-- Research of molecular mechanism of resistance of plant polyphenols to oxidative stress of broilers (special project) |
80,000.00 |
|
|
|
|
|
80,000.00 |
Income-related |
| Liuhe Group-- Leading talented industry practitioners in Taishan---promotion of key technology for selection and breeding of important economic traits of meat ducks and cultivation of new strains (special project) |
|
3,000,000.00 |
|
286,571.60 |
|
|
2,713,428.40 |
Income-related |
| Liuhe Group- Research and industrialization promotion of key technologies of environment-friendly, antibiotic-free feed for swine and poultry (special project) |
|
567,000.00 |
|
443,924.65 |
|
|
123,075.35 |
Income-related |
| Liuhe Group-- Use of fermentation technology to degrade mycotoxins in feed ingredients for prawns (special project) |
46,260.38 |
40,000.00 |
|
47,758.54 |
|
|
38,501.84 |
Income-related |
| Liuhe Group-- Research and development of environment-friendly and healthy breeding models and products |
297,090.00 |
|
|
100,298.02 |
|
|
196,791.98 |
Income-related |
| for livestock and poultry (special project) |
|
|
|
|
|
|
|
|
| Liuhe Group-- Demonstration and promotion of foot-and-mouth disease decontamination on swine breeding farms (special project) |
161,760.41 |
33,380.00 |
|
74,156.30 |
|
|
120,984.11 |
Income-related |
| Liuhe Group—Technology empowering economy 2020—promotion and application of foot-and-mouth disease containment and decontamination technologies (special project) |
|
3,000,000.00 |
|
1,353,138.03 |
|
|
1,646,861.97 |
Income-related |
| Liuhe Group- Research of environment-friendly, antibiotic-free feed formulation technology for meat poultry (special project) |
2,311,707.39 |
|
|
953,148.91 |
|
|
1,358,558.48 |
Income-related |
| Liuhe Group—key technology research and demonstration for healthy, efficient and environment-friendly breeding of meat ducks (special project) |
|
240,000.00 |
|
29,936.79 |
|
|
210,063.21 |
Income-related |
| Liuhe Group-- Research of immunization program for swine fever and pseudorabies on large-scaled pig farms (special project) |
78,306.30 |
99,400.00 |
|
96,491.56 |
|
|
81,214.74 |
Income-related |
| Liuhe Group-- Demonstration of harmless treatment of breeding wastes by enzymic preparations and microecologics (special project) |
9,684.00 |
|
|
9,684.00 |
|
|
|
Income-related |
| Liuhe Group-- Research, development and application of new veterinary drugs and new additives of bacteriophage for super bacteria (special project) |
|
200,000.00 |
|
76,402.45 |
|
|
123,597.55 |
Income-related |
| Liuhe Group-- Determination of acid |
4,429.49 |
|
|
|
|
|
4,429.49 |
Income-related |
| soluble proteins in feed ingredients (special project) |
|
|
|
|
|
|
|
|
| Liuhe Group-- Research and application of feed quality safety control and rapid detection technology (special project) |
33,235.44 |
|
|
33,235.44 |
|
|
|
Income-related |
| Liuhe Group-- Method for quick detection of Urea-formaldehyde polymer in fish meal （special project） |
23,085.00 |
|
|
22,950.75 |
|
|
134.25 |
Income-related |
| Liuhe Group-- Chicken and pig intestinal health regulation and antibiotics replacement technology patent navigation project (special project) |
36,792.46 |
|
|
28,301.89 |
|
|
8,490.57 |
Income-related |
| Linyi Yihe—government risk compensation |
125,848.70 |
|
|
|
|
|
125,848.70 |
Income-related |
| Weifang Liuhe--Research and industrialization promotion of key technologies of environment-friendly, antibiotic-free feed for swine and poultry |
|
367,200.00 |
|
|
|
|
367,200.00 |
Income-related |
| Shanxian Food—West China Talent Program—special funding |
700,000.00 |
|
|
700,000.00 |
|
|
|
Income-related |
| Xiantao Feed—governmetn subsidy for pandemic-related interest |
|
153,180.56 |
|
|
87,125.00 |
|
66,055.56 |
Income-related |
| Anyang Liuhe—interest subsidy against pandemic |
|
207,300.00 |
|
|
115,166.65 |
|
92,133.35 |
Income-related |
| Yanshi Liuhe—fiscal interest subsidy for anti-epidemic loans |
|
519,600.00 |
|
|
389,700.00 |
|
129,900.00 |
Income-related |
| Gushi Liuhe—fiscal interest subsidy for epidemic containment loans |
|
468,300.00 |
|
|
312,200.00 |
|
156,100.00 |
Income-related |
| Xiaoyi Food—loan interest subsidy |
|
671,775.00 |
|
|
335,887.50 |
|
335,887.50 |
Income-related |
| Nantong Feed—subsidy for |
|
900.00 |
|
|
|
|
900.00 |
Income-related |
| disability |
|
|
|
|
|
|
|
|
| Weifang New Hope: Research and industrialization promotion of key technologies of environment-friendly, antibiotic-free feed for swine and poultry |
|
1,271,970.00 |
|
938,869.29 |
|
|
333,100.71 |
Income-related |
| Weifang New Hope—research and integration of key technologies for high-value utilization of unconventional protein raw materials |
|
200,000.00 |
|
|
|
|
200,000.00 |
Income-related |
| Weifang New Hope—research and industrialization of key technologies for efficient and environment-friendly laying hen feeds. |
|
200,000.00 |
|
2,700.00 |
|
|
197,300.00 |
Income-related |
| Total |
285,525,426.87 |
54,112,911.11 |
|
30,413,971.58 |
1,540,078.35 |
32,014,154.65 |
275,670,133.40 |
|
Other remarks:
Note: the “other changes” in deferred income this year were mainly the effect of reduction in subsidiaries.
34. Share capital
Unit: yuan
|
Beginning balance |
Current increase or decrease (+,-) |
Ending balance |
|---|
| New shares issued |
Bonus shares |
Provident fund converted into shares |
Others |
Subtotal |
|---|
| Total shares |
4,216,015,009.00 |
177,147,918.00 |
|
|
112,638,054.00 |
289,785,972.00 |
4,505,800,981.00 |
Other remarks:
According to the resolutions of the company’s 2019 annual general meeting, and with the approval of CSRC “Approval of Private Placement of Stocks by New Hope Liuhe Co., Ltd (CSRC Permit [2020] No. 1961”, the company privately placed 177,147,918 RMB ordinary shares to two specific shareholders.
According to the resolutions of the company’s 2018 annual general meeting, and with the approval of CSRC “Approval of Public Issue of Convertible Corporate Bonds by New Hope Liuhe Co., Ltd (CSRC Permit [2019] No. 1902”, the company publicly issued 40 million convertible corporate bonds each having a par value of 100 Yuan on January 3, 2020, for a total issue amount of 4.0 billion Yuan. As of December 31, 2020, the share capital was increased by 111,119,860 shares due to conversion of convertible coporate bonds into shares.
On August 6, 2020, the company held the 19th meeting of its 8th board of directors and the 10th meeting of its 8th board of supervisors, deliberating and passing the “Proposal regarding the First Exercise Period under 2019 Stock Option and Restricted Stock Incentive Plan/Exercise in Unlocked Period/Satisfaction of Conditions for Lifting of Sales Restrictions”, thus increasing the share capital by 1,518,194 shares as of December 31, 2020 due to exercise of stock options.
In 2020, the company increased its share capital by a total of 289,785,972 shares due to private placement of stocks, conversion of convertible corporate bonds into shares and exercise of stock options.
35. Other equity instruments
(1) Basic information about preferred shares, perpetual bonds and other financial instruments issued and outstanding at the end of period
（1） Convertible corporate bonds
With the approval of CSRC through the ‘regulatory permit [2019]No. 1902”, the company publicly issued 40 million convertible corporate bonds with par value of 100 Yuan each on January 3, 2020, for a total issue amount of 4 billion Yuan. With the consent of Shenzhen Stock Exchange through the document “Shenzhengshang [2020]No. 60”, the company’s 4 billion Yuan convertible corporate bonds were listed for trading on SZSE as of February 4, 2020, under the bond abbreviation “Hope Convertible Bonds” and bond code “127015”. The start and end dates of the existence of convertible corporate bonds are from January 3, 2020 to January 2, 2026, and the start and end dates of conversion into shares are from July 9, 2020 to January 2, 2026.
(2) Renewable trust loans
Renewable loan 1: On December 25, 2020, Xiamen International Trust Co., Ltd (lender) issues a renewable loan of 800 million Yuan to the company (borrower) for an initial loan period of 2 years, agreeing that the loan period commences from the date when this renewable trust loan is actually transferred into the borrower-designated account, which date is the value date. Each year after the expiration of the initial loan period is an extended loan period, and the borrower, one month before the expiration of each loan period, has the option to extend the loan period by one year or to repay to the lender the balance of all trust loan principal and all payable interests, derivative yields, penalty interest and other fees payable but not yet paid upon the expiration of each loan period. The loan interest rate comprises initial interest rate and reset interest rate, the former of which is 6.3% and the latter of which is 300 basis points (3%) above the annual interest rate applicable as of the expiry date of the previous loan period, with the reset loan interest rate subject to a maximum of 10.5%.
Renewable loan 2: On December 28, 2020, Lujiazui International Trust Co., Ltd (lender) issued a perpetual loan of RMB 1.0 billion Yuan to the company (borrower), for an initial loan period of 18 months and an indefinite loan period, agreeing that the loan period commences from the date when this perpetual loan is actually transferred into the borrower-designated account, which date is the value date. Each 18 months after the expiration of the initial loan period is an extended loan period, and the borrower, on the corresponding date of 18 months after expiration of each loan period and any day thereafter, has the right to redeem the entire loan proceeds of the tranche from the lender at the balance of such loan principal (balance of investment principal=investment principal –investment principal redeemed by the borrower (if any)) plus interest payable (including current interest and all interest and penalty interest subject to deferred payment) and any and all other amounts payable but not yet paid. The loan interest rate comprises initial interest rate and reset interest rate, the former of which is 6.5%, and the interest rate is reset on the expiry date of each loan period, with the reset investment interest rate calculated at the higher of the following two: ①Loan interest rate =initial loan interest rate + [300bp] ; >② investment interest rate = base rate at the interest rate resetting date + initial interest spread +[300bp] （initial interest spread =initial investment interest rate – base rate at the value date）.
(2) Statement of changes to preferred shares, perpetual bonds and other financial instruments issued and outstanding at the end of period
Unit: yuan
| Financial instruments issued and outstanding |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| Amount |
Book value |
Amount |
Book value |
Amount |
Book value |
Amount |
Book value |
|---|
| Convertible corporate bonds |
|
|
40,000,000 |
807,818,156.19 |
30,497,616 |
615,913,195.75 |
9,502,384 |
191,904,960.44 |
| Renewable loans |
|
|
|
1,800,000,000.00 |
|
|
|
1,800,000,000.00 |
| Total |
|
|
40,000,000 |
2,607,818,156.19 |
30,497,616 |
615,913,195.75 |
9,502,384 |
1,991,904,960.44 |
Remarks on the current increase or decrease in other equity instruments, causes of changes and basis of related accounting treatment:
36. Capital reserve
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| Capital premium (share capital premium) |
862,673,985.99 |
7,247,583,872.76 |
123,949.80 |
8,110,133,908.95 |
| Other capital reserves |
1,644,916,554.73 |
25,728,138.18 |
29,869,977.22 |
1,640,774,715.69 |
| Wherein: changes in other equities in investees |
1,619,918,039.82 |
11,628,751.37 |
|
1,631,546,791.19 |
| Provision for donated non-cash assets received |
2,544,124.59 |
|
|
2,544,124.59 |
| Others |
22,454,390.32 |
14,099,386.81 |
29,869,977.22 |
6,683,799.91 |
| Total |
2,507,590,540.72 |
7,273,312,010.94 |
29,993,927.02 |
9,750,908,624.64 |
Other remarks, including remarks on current increase or decrease and cause of change:
Remarks:
(1) 3,818,852,070.44 Yuan of the current increase in capital (share capital) premium is capital reserve formed from private placement of stocks in this year; 2,556,835,187.67 Yuan of it is capital reserve increased by conversion of bonds into shares as the convertible bonds issued this year entered the conversion period at July 9, 2020; 53,579,481.16 Yuan of it is the effect of capital reserve increased by unlocking of restricted stock and exercise of stock options by incentive recipients after the satisfaction of conditions for exercise/lifting of restrictive condition for the first exercise period/unlocking period under the 2019 stock option and restricted stock incentive plan, while carrying over other capital reserves recognized in the vesting period; 818,317,133.49 Yuan of it is the effect of changes in minority holding in this year.
(2) The current decrease in capital (share capital) premium is due to the decrease in capital reserve arising from original purchase of minority holding along with decrease in subsidiaries.
(3) The current increase in “others” of other capital reserves is 14,099,386.81 Yuan capital reserve charged to ownership interest due to share-based payments in the equity incentive of the company, and the current decrease is 29,869,977.22 Yuan other capital reserves recognized in the vesting period that were carried over after meeting the conditions of exercise in the first exercise period under the 2019 stock option and restricted stock incentive plan, and “other changes in equities in investees” are the share of the company in the capital reserve changes of China Minsheng Bank, accounted for under equity method, as calculated by the company at the shareholding ratio.
37. Treasury shares
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| Treasury shares—purchase price for share repurchase |
611,317,618.59 |
195,409,629.71 |
435,757,144.91 |
370,970,103.39 |
| Total |
611,317,618.59 |
195,409,629.71 |
435,757,144.91 |
370,970,103.39 |
Other remarks, including remarks on current increase or decrease and cause of change:
Remarks:
(1)The current increase in treasury shares is repurchase of a total of 7,520,269 shares as of December 31, 2020 according to the “Scheme regarding Repurchase of Part of Public Shares” passed at the 22nd meeting of the 8th board of directors of the company, resulting in a payment of total purchase price of 195,409,629.71 Yuan.
(2) The current decrease in treasury shares is reduction of a total of 43,974,146 treasury shares due to conversion of convertible bonds as of December 31, 2020 due to the convertible corporate bonds issued this time that entered the conversion period at July 9, 2020 according to the “Offering Circular of New Hope Liuhe Co., Ltd for Public Issue of A-share Convertible Corporate Bonds”.
38. Other comprehensive income
Unit: yuan
| Item |
Beginning balance |
Current amount incurred |
Ending balance |
|---|
| Current amount incurred before income tax |
Minus: previously charged to other comprehensive income and currently transferred to profit and loss |
Minus: previously charged to other comprehensive income and currently transferred to retained earnings |
Minus: income tax expense |
After-tax amount attributable to parent company |
After-tax amount attributable to minority shareholders |
|---|
| I. Other comprehensiv e income that can not be subsequently reclassified into profit and loss |
997,896.00 |
1,378,047.00 |
|
|
|
1,033,535.25 |
344,511.75 |
2,031,431.25 |
| Other comprehensiv e income that cannot be transferred to profit and loss under the equity method |
997,896.00 |
1,378,047.00 |
|
|
|
1,033,535.25 |
344,511.75 |
2,031,431.25 |
| II. Other comprehensiv e income that will subsequently be reclassified into profit and loss. |
-42,560,401.82 |
-346,324,418.34 |
|
|
|
-303,362,850.30 |
-42,961,568.04 |
-345,923,252.12 |
| Wherein: other comprehensiv e income that can be transferred to profit and loss under the equity method |
67,959,010.05 |
-171,587,731.00 |
|
|
|
-128,690,798.25 |
-42,896,932.75 |
-60,731,788.20 |
| Foreign currency statement translation difference |
-110,519,411.87 |
-174,736,687.34 |
|
|
|
-174,672,052.05 |
-64,635.29 |
-285,191,463.92 |
| Total other comprehensiv e income |
-41,562,505.82 |
-344,946,371.34 |
|
|
|
-302,329,315.05 |
-42,617,056.29 |
-343,891,820.87 |
Other remarks, including on the adjustments to the initially recognized amounts of the effective portion of cash flow hedging profit and loss transferred to the hedged items
39. Surplus reserve
Unit: yuan
| Item |
Beginning balance |
Current increase |
Current decrease |
Ending balance |
|---|
| Statutory surplus reserve |
2,400,778,310.95 |
693,967,453.85 |
1,010,624.35 |
3,093,735,140.45 |
| Total |
2,400,778,310.95 |
693,967,453.85 |
1,010,624.35 |
3,093,735,140.45 |
Remarks on surplus reserve, including on the current increase or decrease and causes of change:
Note: the current increase in surplus reserve includes the share of the parent company in the amount accrued at 10% of the net profits of the parent company and the amount accrued at 10% of respective net profits of subsidiaries. The decrease in surplus reserve is the share of the company reduced along with subsidiaries at the time of disposal of subsidiaries.
40. Undistributed profits
Unit: yuan
| Item |
Current amount |
Prior-period amount |
|---|
| Undistributed profit in prior period before adjustment |
17,590,186,212.30 |
12,997,313,375.41 |
| Total beginning undistributed profits adjusted (increase +, decrease -) |
|
-31,138,927.47 |
| Beginning undistributed profits after adjustment |
17,590,186,212.30 |
12,966,174,447.94 |
| Plus: net profits attributable to parent company's |
4,944,191,027.81 |
5,041,999,768.06 |
| owner in current period |
|
|
| Minus: legal surplus reserve accrued |
693,967,453.85 |
198,864,436.40 |
| Dividends payable on ordinary shares |
621,563,432.85 |
124,285,434.57 |
| Other comprehensive income carried over to retained earnings |
|
94,838,132.73 |
| Undistributed profits at the end of period |
21,218,846,353.41 |
17,590,186,212.30 |
Breakdown of adjustments to beginning undistributed profits:
1) The effect of retrospective adjustments due to the Enterprise Accounting Standards and its new related provisions on the beginning undistributed profits was 0.00 Yuan.
2) The effect of changes to accounting policies on beginning undistributed profits was 0.00 Yuan.
3) The effect of corrections of significant accounting errors on the beginning undistributed profits was 0.00 Yuan.
4) The effect of change to scope of consolidation due to common control on the beginning undistributed profits was 0.00 Yuan.
5) The total effect of other adjustments on the beginning undistributed profits was 0.00 Yuan.
41. Business revenue and operating costs
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Revenue |
Cost |
Revenue |
Cost |
|---|
| Main business |
109,435,744,081.18 |
97,873,233,085.15 |
81,814,091,424.07 |
71,993,888,023.02 |
| Other businesses |
389,480,315.38 |
301,917,469.07 |
236,448,062.60 |
156,173,043.95 |
| Total |
109,825,224,396.56 |
98,175,150,554.22 |
82,050,539,486.67 |
72,150,061,066.97 |
Whether the lower of net profits before and after deduction of nonrecurring profit and loss as audited is negative
□ yes √ no
Information related to performance obligations:
None
Information related to transaction prices allocated to remaining performance obligations:
The amount of revenue corresponding to performance obligations already contracted but not yet performed or completed at the end of this reporting period is 2,285,698,452.30 Yuan, of which 2,285,698,452.30 Yuan is expected to be recognized in 2021.
Other remarks
42. Taxes and surcharges
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Urban maintenance and construction tax |
12,209,233.07 |
8,460,587.82 |
| Educational surcharge |
5,951,874.00 |
4,436,176.58 |
| Resource tax |
4,054,418.90 |
5,145,597.00 |
| Real estate tax |
37,464,136.60 |
33,815,169.78 |
| Land use tax |
43,926,462.28 |
42,752,436.40 |
| Vehicle and vessel use tax |
568,936.95 |
641,078.53 |
| Stamp duty |
58,105,797.38 |
35,955,279.82 |
| Local educational surcharge |
3,853,347.42 |
3,272,363.30 |
| Water conservancy fund |
4,181,341.37 |
2,518,281.87 |
| Others |
4,321,702.44 |
4,660,430.96 |
| Total |
174,637,250.41 |
141,657,402.06 |
43. Selling expenses
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Payroll |
1,154,506,412.89 |
995,694,911.04 |
| Office costs |
4,876,195.30 |
4,481,347.72 |
| Travel expenses |
89,217,363.19 |
95,782,509.17 |
| Post and telecommunication expenses |
4,866,789.90 |
3,426,007.08 |
| Machine and materials consumption |
6,573,180.93 |
3,421,529.07 |
| Amortization of low-value consumables |
230,999.90 |
297,312.93 |
| Depreciation expenses |
7,169,847.72 |
7,509,621.23 |
| Rental expenses |
9,685,048.30 |
11,333,121.46 |
| Labor protection expenses |
914,481.12 |
357,876.38 |
| Transportation expenses |
17,384,601.46 |
25,479,380.37 |
| Conference expenses |
7,458,545.49 |
10,034,955.19 |
| Water and electricity expenses |
340,502.28 |
296,595.23 |
| Transport costs |
|
512,047,315.93 |
| Inspection and quarantine expenses |
4,332,794.94 |
2,591,894.40 |
| Advertising expenses |
5,252,804.04 |
2,145,972.24 |
| Publicity expenses |
39,139,508.72 |
44,412,688.17 |
| After-sales service expenses |
12,857,324.85 |
12,650,037.57 |
| Handling expenses |
21,049,907.18 |
11,706,512.43 |
| Warehousing expenses |
19,318,232.60 |
12,520,403.02 |
| Market management expenses |
46,039,755.09 |
41,279,030.45 |
| Return loss expenses |
628,097.28 |
3,458,277.44 |
| Amortization of revolving materials |
1,627,045.44 |
805,199.75 |
| Others |
|
11,758,701.99 |
| Total |
1,453,469,438.62 |
1,813,491,200.26 |
44. Management expenses
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Payroll |
1,868,248,022.63 |
1,517,510,306.94 |
| Office costs |
64,923,904.04 |
55,512,394.03 |
| Travel expenses |
109,899,237.38 |
119,252,626.52 |
| Post and telecommunication expenses |
23,516,351.79 |
19,863,212.61 |
| Machine and materials consumption |
64,366,788.00 |
22,783,226.89 |
| Amortization of low-value consumables |
18,575,930.09 |
11,989,403.52 |
| Depreciation expenses |
220,057,947.39 |
175,322,816.50 |
| Rental expenses |
124,477,334.24 |
102,160,560.47 |
| Labor protection expenses |
22,074,162.12 |
6,177,788.93 |
| Repair costs |
84,865,988.62 |
73,998,905.44 |
| Property insurance costs |
65,840,815.01 |
37,224,278.67 |
| Transportation expenses |
45,973,744.75 |
25,057,955.91 |
| Membership dues and conference expenses |
21,119,778.58 |
19,037,583.74 |
| Water and electricity expenses |
49,704,776.28 |
44,616,951.42 |
| Business entertainment expenses |
74,909,786.44 |
66,574,863.59 |
| Intermediary fees |
269,450,498.03 |
197,708,185.37 |
| Inventory loss, destruction and scrapping |
31,312,253.87 |
6,572,409.37 |
| Environmental protection fee |
36,773,098.07 |
24,634,481.53 |
| Trademark royalties |
6,755,045.29 |
6,751,595.29 |
| Amortization of intangible assets |
71,670,549.21 |
64,235,298.65 |
| Amortization of long-term unamortized expenses |
67,169,968.65 |
29,205,804.03 |
| Inspection and test fees |
28,540,044.32 |
12,269,226.74 |
| Startup costs |
9,751,535.98 |
3,066,631.75 |
| Taxes and charges |
11,886,073.61 |
8,198,544.71 |
| Expenses of board of directors |
879,734.54 |
1,192,795.82 |
| Heating expenses |
6,740,048.69 |
1,973,918.22 |
| Mutual fund for breeding |
18,944,971.31 |
13,697,473.30 |
| Equity incentive expenses |
9,368,785.61 |
19,460,471.65 |
| Others |
2,768,154.86 |
16,048,641.79 |
| Total |
3,430,565,329.40 |
2,702,098,353.40 |
45. R&D expenses
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Payroll |
142,808,090.84 |
96,757,826.51 |
| Office costs |
654,476.94 |
624,573.01 |
| Travel expenses |
8,621,397.72 |
10,859,997.60 |
| Post and telecommunication expenses |
401,064.97 |
406,056.79 |
| Direct materials |
65,496,592.97 |
29,846,571.02 |
| Fuel and power |
1,598,673.04 |
858,852.05 |
| Costs of development and manufacture of tools and molds |
129,603.94 |
293,228.82 |
| Pilot plant test costs |
489,323.88 |
1,609,119.79 |
| Onsite test costs |
58,596.34 |
91,869.98 |
| Debugging and maintenance costs |
1,141,273.83 |
944,295.26 |
| Inspection and test fees |
5,383,229.69 |
4,038,084.05 |
| Labor protection expenses |
40,055.64 |
82,328.87 |
| Business entertainment expenses |
134,795.03 |
474,149.28 |
| Transportation expenses |
217,047.98 |
386,511.24 |
| Labor costs |
1,878,593.69 |
167,538.63 |
| Training costs |
28,790.00 |
77,520.30 |
| Design fee |
884,657.85 |
12,314.92 |
| Expert consulting fee |
6,710,834.01 |
3,808,699.83 |
| Cooperative development costs |
1,703,571.07 |
1,503,181.62 |
| Demonstration, review and acceptance fees |
36,300.00 |
10,900.00 |
| IP affairs expenses |
1,205,564.86 |
1,380,766.51 |
| Meeting expenses |
946,188.39 |
1,095,260.45 |
| Depreciation expenses |
6,714,026.92 |
6,745,715.89 |
| Rental expenses |
6,207,456.49 |
4,795,242.94 |
| Amortization of intangible assets |
3,090,772.75 |
1,260,866.15 |
| Equity incentive expenses |
4,364,707.67 |
2,993,918.67 |
| Intermediary fees |
298,497.74 |
|
| Amortization of long-term unamortized expenses |
3,883,438.00 |
|
| Others |
46,688.76 |
1,750,714.60 |
| Total |
265,174,311.01 |
172,876,104.78 |
46. Financial expenses
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Interest expenditure |
953,627,225.56 |
527,278,342.82 |
| Minus: interest revenue |
145,017,575.95 |
98,329,806.67 |
| Exchange loss |
348,533,655.07 |
125,030,856.81 |
| Minus: exchange income |
291,242,392.19 |
144,075,441.16 |
| Others |
34,087,966.52 |
24,150,886.98 |
| Total |
899,988,879.01 |
434,054,838.78 |
47. Other income
Unit: yuan
| Source of other income |
Current amount incurred |
Prior-period amount incurred |
|---|
| Amortization of deferred income-assets |
23,661,095.41 |
23,099,278.88 |
| Amortization of deferred income-income |
6,752,876.17 |
6,350,210.00 |
| Rebate of handling fee on withheld personal income tax |
1,105,951.07 |
1,549,683.75 |
| Government subsidy related to daily business activities |
146,631,224.95 |
82,155,842.12 |
| Subtotal |
178,151,147.60 |
113,155,014.75 |
48. Investment income
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Income on long-term equity investments accounted for under the equity method |
1,500,421,249.79 |
2,378,312,195.70 |
| Investment income from disposal of long-term equity investments |
88,119,393.29 |
-4,111,434.41 |
| Investment income on held-for-trading financial assets during the holding period |
-10,676.40 |
-1,080,605.45 |
| Investment income from disposal of held-for-trading financial assets |
-63,897,773.58 |
-4,790,237.33 |
| Dividend revenue from other equity instrument investments during the holding period |
560,000.00 |
|
| Others |
|
10,217,271.01 |
| Total |
1,525,192,193.10 |
2,378,547,189.52 |
Other remarks:
49. Income from change in fair value
Unit: yuan
| Source of income from change in fair value |
Current amount incurred |
Prior-period amount incurred |
|---|
| Trading financial assets |
40,367,725.00 |
-11,374,318.56 |
| Wherein: income from change in fair value of |
40,541,865.00 |
-11,548,458.56 |
| derivative financial instruments |
|
|
| Investment properties at fair value |
-5,513,594.72 |
-425,140.00 |
| Total |
34,854,130.28 |
-11,799,458.56 |
Other remarks:
Note: the income from change in fair value is the difference between ending market prices and costs of futures and interest rate swaps purchased by the company.
50. Credit impairment loss
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Bad debt loss from other receivables |
-29,514,257.85 |
-17,302,996.25 |
| Bad debt loss from accounts receivable |
-91,166,037.30 |
-81,145,084.20 |
| Total |
-120,680,295.15 |
-98,448,080.45 |
51. Asset impairment loss
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| II. Loss on inventory revaluation and impairment loss of contract performance cost |
-39,725,440.00 |
-108,487,563.06 |
| V. Loss on impairment of fixed assets |
|
-52,605,418.16 |
| VII. Impairment loss of construction in progress |
-12,215.10 |
|
| X. Loss on impairment of intangible assets |
|
-5,055,050.00 |
| Total |
-39,737,655.10 |
-166,148,031.22 |
52. Income from asset disposal
Unit: yuan
| Source of income from asset disposal |
Current amount incurred |
Prior-period amount incurred |
|---|
| Income from disposal of fixed assets |
50,439,966.49 |
-6,722,234.44 |
| Income from disposal of productive biological assets |
-312,632,390.94 |
-99,563,577.50 |
| Income from disposal of intangible assets |
29,981,247.82 |
8,142,335.52 |
| Total |
-232,211,176.63 |
-98,143,476.42 |
53. Non-business revenue
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
Amount charged to current non-recurring profit and loss |
|---|
| Donations received |
96,404.60 |
|
96,404.60 |
| Gains on disposal of noncurrent assets scrapped/destroyed |
|
244,211.66 |
|
| Penalty revenue |
13,920,512.92 |
11,389,455.87 |
13,920,512.92 |
| Gains on inventory taking |
2,114,347.00 |
231,949.95 |
2,114,347.00 |
| Payables that cannot be paid |
58,208,622.51 |
39,586,861.26 |
58,208,622.51 |
| Revenue from insurance indemnities |
25,696,836.23 |
12,921,116.33 |
25,696,836.23 |
| Effect of business combination not |
38,639,880.76 |
|
38,639,880.76 |
| under common control |
|
|
|
| Others |
38,007.08 |
14,292,236.83 |
38,007.08 |
| Total |
138,714,611.10 |
78,665,831.90 |
138,714,611.10 |
54. Non-business expenditure
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
Amount charged to current non-recurring profit and loss |
|---|
| External donations |
21,358,245.73 |
7,730,957.54 |
21,358,245.73 |
| Total loss from scrapping and destruction of noncurrent assets |
284,904,107.98 |
29,464,463.04 |
284,904,107.98 |
| Wherein: loss from scrapping and destruction of fixed assets |
5,577,768.54 |
6,529,479.54 |
5,577,768.54 |
| Loss from scrapping and destruction of productive biological assets |
267,730,745.97 |
22,536,206.84 |
267,730,745.97 |
| Loss from scrapping and destruction of intangible assets |
|
4,541.66 |
|
| Loss from scrapping and destruction of construction in progress |
11,595,593.47 |
394,235.00 |
11,595,593.47 |
| Penalty expenses |
4,279,042.15 |
2,936,744.94 |
4,279,042.15 |
| Indemnities/liquidated damages |
24,805,944.94 |
62,248,795.79 |
24,805,944.94 |
| Extraordinary losses |
367,421,658.96 |
191,376,661.52 |
367,421,658.96 |
| Loss on inventory taking |
1,555,252.30 |
5,854.24 |
1,555,252.30 |
| Others |
158,967.84 |
22,873,820.19 |
158,967.84 |
| Total |
704,483,219.90 |
316,637,297.26 |
704,483,219.90 |
55. Income tax expenses
(1) Statement of income tax expenses
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Current income tax expense |
361,865,671.54 |
313,584,145.16 |
| Deferred income tax expense |
-45,390,659.80 |
-63,407,180.37 |
| Total |
316,475,011.74 |
250,176,964.79 |
(2) Process of adjustment to accounting profits and income tax expenses
Unit: yuan
| Item |
Current amount incurred |
|---|
| Total profits |
6,164,152,519.47 |
| Income tax expenses calculated at statutory/applicable tax rates |
1,541,038,129.87 |
| Effect of subsidiaries subject to different tax rates |
-294,207,711.25 |
| Effect of nontaxable income |
-940,743,786.59 |
| Effect of non-deductible costs, expenses and losses |
19,721,053.18 |
| Effect of use of deductible losses with respect to which deferred income tax assets are not previously recognized |
-68,342,602.25 |
| Effect of deductible temporary difference or deductible loss of deferred income tax assets not recognized in the current period |
263,618,496.70 |
| Effect of adjustment to deductible losses on deferred income tax assets recognized in the prior period but not recognized in the current period |
38,365,828.63 |
| Effect of profit and loss of joint ventures and affiliates accounted for under the equity method |
-239,826,456.86 |
| Effect of additional R&D cost deduction |
-3,147,939.69 |
| Income tax expense |
316,475,011.74 |
56. Other comprehensive income
As detailed in Note VII. 38 other comprehensive income.
57. Items of cash flow statement
(1) Other cash received in connection with operating activities
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Various temporary receipts received |
1,204,832,344.52 |
1,634,632,806.44 |
| Various subsidies received |
213,655,567.32 |
113,028,016.15 |
| Interest revenue from bank deposits |
168,911,462.36 |
62,070,016.62 |
| Penalty revenue |
13,920,512.92 |
11,389,455.87 |
| Others |
25,913,210.22 |
27,227,497.61 |
| Total |
1,627,233,097.34 |
1,848,347,792.69 |
Remarks on other cash received in connection with operating activities:
(2) Other cash paid in connection with operating activities
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Various suspense debits paid |
1,498,965,062.19 |
42,622,991.15 |
| Bank commission, etc. |
29,241,287.89 |
24,150,886.98 |
| Selling expenses |
291,793,178.01 |
810,286,667.99 |
| Management expenses |
1,163,219,010.99 |
871,473,718.95 |
| R&D expenses |
108,196,712.83 |
68,111,696.23 |
| Penalty expenses |
4,279,042.15 |
2,936,744.94 |
| Others |
46,323,158.51 |
92,853,573.52 |
| Total |
3,142,017,452.57 |
1,912,436,279.76 |
Remarks on other cash paid in connection with operating activities:
(3) Other cash received in connection with investing activities
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Share transfer prices received in advance |
|
224,422.00 |
| Futures margins recovered and interest rate swap collections |
122,247,591.72 |
7,227,382.89 |
| Total |
122,247,591.72 |
7,451,804.89 |
Remarks on other cash received in connection with investing activities:
(4) Other cash paid in connection with investing activities
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Net cash decreased due to disposal of subsidiaries |
3,058,869.22 |
9,504,625.96 |
| Interest rate swaps paid |
37,655,596.78 |
28,581,972.88 |
| Various margins, etc. |
26,815,072.45 |
22,242,926.03 |
| Share transfer prices prepaid |
1,000,000.00 |
|
| Total |
68,529,538.45 |
60,329,524.87 |
Remarks on other cash paid in connection with investing activities:
(5) Other cash received in connection with financing activities
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Equity incentive amounts paid by employees |
|
29,916,000.00 |
| Loan interest subsidy received |
|
2,170,000.00 |
| Amount from disposal of minority holding |
2,450,000.00 |
6,590,000.00 |
| Owed amounts recovered |
|
51,920,000.00 |
| Issuance of convertible bonds |
3,986,000,000.00 |
|
| Cash received from issuance of notes |
2,996,700,000.00 |
|
| Borrowings through New Hope Group |
1,300,000,000.00 |
|
| Total |
8,285,150,000.00 |
90,596,000.00 |
Remarks on other cash received in connection with financing activities:
(6) Other cash paid in connection with financing activities
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Financing lease amounts paid |
10,093,881.93 |
4,924,336.80 |
| Cash paid for repurchase of shares of the company |
195,409,629.71 |
472,968,246.41 |
| Due diligence and guarantee fees for borrowings, etc. |
4,567,368.63 |
|
| Commission on cash dividends |
279,310.00 |
|
| Margin for issuance of perpetual bonds |
28,000,000.00 |
|
| Capital reduced by minority shareholders |
11,710,513.09 |
|
| Cash paid for acquisition of minority equities |
915,031,073.85 |
64,153,083.60 |
| Repayment of borrowings through New Hope Group |
700,000,000.00 |
|
| Total |
1,865,091,777.21 |
542,045,666.81 |
Remarks on other cash paid in connection with financing activities:
58. Additional information about cash flow statement
(1) Additional information about cash flow statement
Unit: yuan
| Additional information |
Current amount |
Prior amount |
|---|
| 1. Net profits adjusted to cash flows from operating activities: |
-- |
-- |
|---|
| Net profits |
5,847,677,507.73 |
6,180,556,192.22 |
| Plus: asset impairment provision |
160,417,950.25 |
264,596,111.67 |
| Depreciation of fixed assets, depletion of oil & gas assets and depreciation of productive biological assets |
2,838,975,530.34 |
1,171,467,675.19 |
| Depreciation of right-of-use assets |
|
|
| Amortization of intangible assets |
90,152,210.30 |
75,446,492.04 |
| Amortization of long-term unamortized expenses |
340,501,515.88 |
107,811,346.01 |
| Loss from disposal of fixed assets, intangible assets and other long-term assets (income to be denoted by “－”) |
232,211,176.63 |
98,143,476.42 |
| Loss from retirement of fixed assets (income to be denoted by “－”) |
284,904,107.98 |
29,220,251.38 |
| Loss from changes in fair value (income to be denoted by “－”) |
-34,854,130.28 |
11,799,458.56 |
| Financial expenses (income to be denoted by “－”) |
1,028,274,838.79 |
508,233,758.47 |
| Loss on investment (income to be denoted by “－”) |
-1,525,192,193.10 |
-2,378,547,189.52 |
| Decrease in deferred income tax assets (increase to be denoted by “－”) |
-38,041,968.75 |
-61,227,625.87 |
| Increase in deferred income tax liabilities (decrease to be denoted by “－”) |
-2,027,879.74 |
-2,179,554.50 |
| Decrease in inventory (increase to be denoted by “－”) |
-5,978,102,321.31 |
-4,059,669,566.64 |
| Decrease in operating receivables (increase to be denoted by “－”) |
-2,623,084,242.93 |
-824,945,947.59 |
| Increase in operating payables (decrease to be denoted by “－”) |
5,036,357,405.34 |
3,316,188,153.20 |
| Others |
|
|
| Net cash flows from operating activities |
5,658,169,507.13 |
4,436,893,031.04 |
| 2. Significant investment and financing activities involving no cash receipt and expenditure: |
-- |
-- |
| Debts converted to capital |
|
|
| Convertible corporate bonds due within one year |
|
|
| Fixed assets under financing lease |
|
|
| 3. Net change in cash and cash equivalents： |
-- |
-- |
| Ending balance of cash |
8,509,218,898.56 |
5,692,332,240.91 |
| Minus: beginning balance of cash |
5,692,332,240.91 |
5,370,971,251.78 |
| Plus: ending balance of cash equivalents |
|
|
| Minus: beginning balance of cash equivalents |
|
|
| Net increase in cash and cash equivalents |
2,816,886,657.65 |
321,360,989.13 |
(2) Net cash paid for acquisition of subsidiaries in the current period
Unit: yuan
|
Amount |
|---|
| Cash or cash equivalents paid in the current period for business combinations occurred in the current period |
262,997,131.41 |
| Wherein: |
-- |
| Yancheng Zhongtai Livestock Co., Ltd |
139,157,663.59 |
| Yihai Agricultural Development Co., Ltd |
16,235,601.48 |
| Zhejiang Jiufengyi Agricultural Technology Co., Ltd |
3,000,000.00 |
| Zhejiang Xindongwan Agricultural Development Co., Ltd |
2,000,000.00 |
| Hangzhou Guanglv Breeding Co., Ltd |
38,430,995.90 |
| Xiangshan Huatong Livestock Co., Ltd |
59,527,000.00 |
| Tianjin Jingwu Breeding Pigs Co., Ltd |
|
| Tianjin Qingyang Desheng Breeding Pigs Co., Ltd |
|
| Tianjin Shengxi Lianhua Livestock & Poultry Breeding Co., Ltd |
|
| Tianjin Guotai Breeding Co., Ltd |
|
| Tianjin Lvdiyuan Organic Fertilizers Co., Ld |
|
| Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd |
4,645,870.44 |
| Minus: cash and cash equivalents held by subsidiaries at the purchase date |
1,188,813.81 |
| Wherein: |
-- |
| Yancheng Zhongtai Livestock Co., Ltd |
206.71 |
| Yihai Agricultural Development Co., Ltd |
121,400.00 |
| Zhejiang Jiufengyi Agricultural Technology Co., Ltd |
5.00 |
| Zhejiang Xindongwan Agricultural Development Co., Ltd |
27,969.84 |
| Hangzhou Guanglv Breeding Co., Ltd |
|
| Xiangshan Huatong Livestock Co., Ltd |
1,027,278.85 |
| Tianjin Jingwu Breeding Pigs Co., Ltd |
3,954.13 |
| Tianjin Qingyang Desheng Breeding Pigs Co., Ltd |
2,374.06 |
| Tianjin Shengxi Lianhua Livestock & Poultry Breeding Co., Ltd |
1,455.76 |
| Tianjin Guotai Breeding Co., Ltd |
2,371.40 |
| Tianjin Lvdiyuan Organic Fertilizers Co., Ld |
1,798.06 |
| Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd |
|
| Plus: Cash or cash equivalents paid in the current period for business combinations occurred in the previous periods |
135,210,000.00 |
| Wherein: |
-- |
| Laiyang Xinmu Breeding Co., Ltd |
103,300,000.00 |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,800,000.00 |
| Weinan Zhengneng Farming Technology Co., Ltd |
15,360,000.00 |
| Zhengzhou Quansheng Farming Technology Co., Ltd |
6,750,000.00 |
| Net cash paid for acquisition of subsidiaries |
397,018,317.60 |
Other remarks:
(3) Net cash received from disposal of subsidiaries in the current period
Unit: yuan
|
Amount |
|---|
| Cash or cash equivalents received in the current period for disposal of subsidiaries in the current period |
1,014,783.95 |
| Wherein: |
-- |
| Kaiyuan Liuhe Yahui Feed Co., Ltd |
514,783.95 |
| Shanghai Shihe Commerce Co., Ltd |
500,000.00 |
| Yanchuan Yongxiang Livestock Development Co., Ltd |
|
| Minus: Cash and cash equivalents held by subsidiaries at the date of loss of control |
3,608,881.06 |
| Wherein: |
-- |
| Kaiyuan Liuhe Yahui Feed Co., Ltd |
50,011.84 |
| Shanghai Shihe Commerce Co., Ltd |
3,555,598.87 |
| Yanchuan Yongxiang Livestock Development Co., Ltd |
3,270.35 |
| Wherein: |
-- |
| Net cash received from disposal of subsidiaries |
-2,594,097.11 |
Other remarks:
Note: the net cash received by Shanghai Shihe Commerce Co., Ltd among the aforesaid entities is -3,055,598.87 Yuan, and the net cash received by Yanchuan Yongxiang Livestock Development Co., Ltd is -3,270.35 Yuan, which were transferred to the item “other cash paid in connection with investing activities” for presentation according to the standards; the amount presented under this item is 464,772.11 Yuan.
(4) Composition of cash and cash equivalents
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| I. Cash |
8,509,218,898.56 |
5,692,332,240.91 |
| Wherein: cash on hand |
10,992,215.57 |
6,983,790.62 |
| Bank deposits readily available for payment |
7,955,960,859.39 |
5,352,809,447.26 |
| Other cash at bank and on hand readily available for payment |
542,265,823.60 |
332,539,003.03 |
| III. Ending balance of cash and cash equivalents |
8,509,218,898.56 |
5,692,332,240.91 |
| Wherein: cash and cash equivalents of the parent company or subsidiaries inside the group restricted from use |
290,045,457.64 |
84,847,337.96 |
59. Notes to items of the statement of changes in equity
Indicate the names of “other” items of adjustment to the ending balance of the previous year and the amounts of adjustment, etc:
There are no matters regarding the statement of changes in equity that require special explanation.
60. Assets with respect to which ownership or right of use is restricted
Unit: yuan
| Item |
Ending book value |
Cause of restrictions |
|---|
| Cash at bank and on hand |
290,045,457.64 |
Purchase of futures, margins of guarantee companies and reclamation margins, etc. |
| Fixed assets |
234,181,842.88 |
Used as collaterals for long and short-term borrowings |
| Intangible assets |
61,557,253.30 |
Used as collaterals for long and short-term borrowings |
| Consumptive biological assets |
41,000,000.00 |
Used as collaterals for short-term borrowings |
| Long-term equity investments |
865,194,100.00 |
Used as pledges for long-term borrowings |
| Total |
1,491,978,653.82 |
-- |
Other remarks:
Note 1: The company uses the live pigs of Yanting Xinhao Farming Co., Ltd, land of its Nepalese subsidiary, houses and land of New Hope Turkey Feed Farming Food Import & Export and Industry Ltd, land and houses of Wuhan Guoxiong Feed Technology Co., Ltd, land and houses of Zhongxiang Hope Feed Co., Ltd, land house of Yichang New Hope Feed Co., Ltd, houses and land of Huaian New Hope Feed Co., Ltd, land and houses of Anhui Baixin Feed Co., Ltd, land and houses of Leting Liuhe Xinmeizi Food Co., Ltd, land and houses of Beijing Kinghey, land and houses of Guanghan Guoxiong, land and houses of Chengdu Century Investment Co., Ltd, land of Mianyang New Hope Liuhe Farming Technology Co., Ltd and land and factory buildings of New Hope Singapore Biotechnology Ltd as collaterals for long and short-term borrowings, for a total of mortgage loans equivalent to RMB 413.6139 million Yuan.
Note 2: The company’s subsidiary Tibet Xinhao Technology Co., Ltd provided equity pledge guarantees for New Hope Liuhe Co., Ltd to secure 456 million Yuan, 281.792 million Yuan, 480 million Yuan financing and 624 million Yuan financing from China Development Bank Sichuan Branch, ADB, Export-Import Bank of China Sichuan Branch and Postal Savings Bank of China Chengdu Tianfu Sub-branch respectively, using the capital contributions of 100 million Yuan to Kangping New Hope Farming Co., Ltd, 100.89 million Yuan to Baiyin New Hope Farming Technology Co., Ltd, 60 million Yuan to Gaomi Xinliu Farming Technology Co., Ltd, 91 million Yuan to Raoyang Xinhao Farming Co., Ltd, 40 million Yuan to Fuxin Xinhao Farming Co., Ltd, 168 million Yuan to Huanghua Xinhao Technology Co., Ltd and 168 million Yuan to Xiangzhou Xinhao Farming Co., Ltd as pledges.
61. Foreign-currency monetary items
(1) Foreign-currency monetary items
Unit: yuan
| Item |
Ending foreign-curency balance |
Exchange rate for conversion |
Ending converted RMB balance |
|---|
| Cash at bank and on hand |
-- |
-- |
406,595,263.63 |
| Wherein: USD |
7,845,651.89 |
6.5249 |
51,192,094.02 |
| Euro |
|
|
|
| HKD |
|
|
|
| SGD |
582,108.85 |
4.9314 |
2,870,611.58 |
| VND |
278,852,120,679.00 |
0.000282090 |
78,661,394.72 |
| PHP |
111,996,002.41 |
0.135869570 |
15,216,848.69 |
| BDT |
352,937,539.25 |
0.076859820 |
27,126,715.74 |
| LKR |
449,978,032.16 |
0.034982400 |
15,741,311.51 |
| IDR |
143,407,998,633.50 |
0.000462640 |
66,346,276.49 |
| LAK |
81,080,666,847.65 |
0.000693480 |
56,227,820.85 |
| ZAR |
737,415.18 |
0.445771850 |
328,718.93 |
| TRY |
3,832,065.99 |
0.889700000 |
3,409,389.11 |
| NGN |
285,414,275.72 |
0.017203560 |
4,910,141.62 |
| Kyat |
5,438,101,345.49 |
0.004885990 |
26,570,508.79 |
| EGP |
74,747,709.84 |
0.413753960 |
30,927,160.95 |
| INR |
57,326,814.64 |
0.088902000 |
5,096,468.48 |
| PLN |
521.99 |
1.768217660 |
922.99 |
| NPR |
395,879,243.01 |
0.055493890 |
21,968,879.16 |
| Accounts receivable |
-- |
-- |
373,251,824.40 |
| Wherein: USD |
305,150.59 |
6.5249 |
1,991,077.08 |
| Euro |
|
|
|
| HKD |
|
|
|
| VND |
85,244,499,272.00 |
0.000282090 |
24,046,620.80 |
| PHP |
362,508,938.72 |
0.135869570 |
49,253,933.63 |
| BDT |
78,290,751.50 |
0.076859820 |
6,017,413.07 |
| LKR |
101,446,756.03 |
0.034982400 |
3,548,851.00 |
| IDR |
482,845,428,767.80 |
0.000462640 |
223,383,609.17 |
| TRY |
4,610,592.57 |
0.889700000 |
4,102,044.21 |
| Kyat |
2,150,477,410.07 |
0.004885990 |
10,507,211.12 |
| EGP |
97,023,143.45 |
0.413753960 |
40,143,709.81 |
| NPR |
184,235,600.19 |
0.055493890 |
10,223,950.13 |
| NGN |
1,941,712.95 |
0.017203560 |
33,404.38 |
| Other receivables |
|
|
8,298,704.01 |
| Wherein: USD |
10,030.28 |
6.5249 |
65,446.57 |
| SGD |
3,385.80 |
4.9314 |
16,696.73 |
| VND |
4,315,762,350.00 |
0.000282090 |
1,217,433.40 |
| PHP |
26,964,708.98 |
0.135869570 |
3,663,683.41 |
| BDT |
10,869,651.93 |
0.076859820 |
835,439.49 |
| IDR |
2,132,588,366.83 |
0.000462640 |
986,620.68 |
| ZAR |
1,058,530.15 |
0.445771850 |
471,862.94 |
| TRY |
24,457.19 |
0.889700000 |
21,759.56 |
| Kyat |
180,613,714.76 |
0.004885990 |
882,476.80 |
| EGP |
9,458.07 |
0.413753960 |
3,913.31 |
| INR |
10,813.75 |
0.088902000 |
961.36 |
| LKR |
3,785,039.32 |
0.034982400 |
132,409.76 |
| Short-term borrowings |
|
|
95,349,601.24 |
| Wherein: BDT |
13,300,000.00 |
0.076859820 |
1,022,235.61 |
| VND |
127,366,435,490.00 |
0.000282090 |
35,928,797.79 |
| PHP |
362,000,000.00 |
0.135869570 |
49,184,784.34 |
| NPR |
150,000,000.00 |
0.055493890 |
8,324,083.50 |
| TRY |
1,000,000.00 |
0.889700000 |
889,700.00 |
| Accounts payable |
|
|
473,731,739.82 |
| Wherein: USD |
7,969,273.36 |
6.5249 |
51,998,711.75 |
| SGD |
380,036.54 |
4.9314 |
1,874,112.19 |
| VND |
444,366,603,368.00 |
0.000282090 |
125,351,375.14 |
| PHP |
359,213,560.82 |
0.135869570 |
48,806,192.05 |
| BDT |
452,576,793.40 |
0.076859820 |
34,784,970.88 |
| LAK |
2,767,077,823.31 |
0.000693480 |
1,918,913.13 |
| IDR |
323,751,526,437.51 |
0.000462640 |
149,780,406.19 |
| ZAR |
1,649,450.58 |
0.445771850 |
735,278.64 |
| TRY |
3,351,728.99 |
0.889700000 |
2,982,033.28 |
| NGN |
158,779,055.59 |
0.017203560 |
2,731,565.01 |
| Kyat |
2,597,717,339.33 |
0.004885990 |
12,692,420.94 |
| EGP |
65,912,779.28 |
0.413753960 |
27,271,673.44 |
| INR |
31,857,498.62 |
0.088902000 |
2,832,195.34 |
| NPR |
179,693,509.35 |
0.055493890 |
9,971,891.84 |
| Other payables |
|
|
35,291,612.21 |
| Wherein: USD |
194,640.57 |
6.5249 |
1,270,010.26 |
| SGD |
364,510.06 |
4.9314 |
1,797,544.91 |
| VND |
9,243,132,862.00 |
0.000282090 |
2,607,395.35 |
| PHP |
36,078,189.33 |
0.135869570 |
4,901,928.07 |
| BDT |
33,913,080.52 |
0.076859820 |
2,606,553.26 |
| LKR |
5,989,039.45 |
0.034982400 |
209,510.97 |
| IDR |
7,523,951,581.47 |
0.000462640 |
3,480,880.96 |
| LAK |
267,470,640.00 |
0.000693480 |
185,485.54 |
| ZAR |
9,974.25 |
0.445771850 |
4,446.24 |
| TRY |
928,674.10 |
0.889700000 |
826,241.35 |
| NGN |
86,535,000.00 |
0.017203560 |
1,488,710.06 |
| Kyat |
2,249,248,915.51 |
0.004885990 |
10,989,807.71 |
| EGP |
6,791,688.12 |
0.413753960 |
2,810,087.85 |
| INR |
22,298,707.66 |
0.088902000 |
1,982,399.71 |
| NPR |
2,353,591.81 |
0.055493890 |
130,609.97 |
| Interest payable |
|
|
9,120,348.42 |
| Wherein: USD |
1,336,716.72 |
6.5249 |
8,721,942.93 |
| PHP |
2,932,264.31 |
0.135869570 |
398,405.49 |
| Long-term borrowings due within one year |
|
|
117,273,627.60 |
| Wherein: USD |
15,000,000.00 |
6.5249 |
97,873,500.00 |
| SGD |
3,934,000.00 |
4.9314 |
19,400,127.60 |
| Long-term borrowings |
-- |
-- |
2,381,588,500.00 |
| Wherein: USD |
365,000,000.00 |
6.5249 |
2,381,588,500.00 |
| Euro |
|
|
|
| HKD |
|
|
|
(2) Remarks on overseas operating entities, including disclosure of principal place of business, accounting currency and selection basis for important overseas operating entities, as well as the reasons for disclosure of changes to accounting currency, if any.
√ applicable □ not applicable
| Name of entity |
Principal place of business |
Accounting currency |
Basis for selection of accounting currency |
| New Hope Hanoi Co., Ltd |
Vietnam |
VND |
Local principal currency |
| New Hope Ho Chi Minh City Co., Ltd |
Vietnam |
VND |
Local principal currency |
| Binh Dinh New Hope Co., Ltd |
Vietnam |
VND |
Local principal currency |
| New Hope Dong Thap Producing Feed For Aquaculture Co., Ltd |
Vietnam |
VND |
Local principal currency |
| Than Hoa New Hope Livestock Services Co., Ltd |
Vietnam |
VND |
Local principal currency |
| New Hope Binh Dinh Livestock Co., Ltd |
Vietnam |
VND |
Local principal currency |
| New Hope Vinh Long Co., Ltd |
Vietnam |
VND |
Local principal currency |
| New Hope Binh Phuoc Livestock Co., Ltd |
Vietnam |
VND |
Local principal currency |
| New Hope Vietnam Technological Livestock Services Co., Ltd |
Vietnam |
VND |
Local principal currency |
| Sichuan New Hope Agriculture (Cambodia)Co., Ltd |
Cambodia |
USD |
Local principal currency |
| New Hope Pampanga Agriculture Inc. |
Phillipines |
Peso |
Local principal currency |
| New Hope Central Luzon Agriculture Inc. |
Phillipines |
Peso |
Local principal currency |
| New Hope Tarlac Agriculture Inc. |
Phillipines |
Peso |
Local principal currency |
| New Hope Bulacan Agriculture Inc. |
Phillipines |
Peso |
Local principal currency |
| New Hope Isabela Agriculture Inc. |
Phillipines |
Peso |
Local principal currency |
| New Hope Phillipines Animal Healthcare Services Inc. |
Phillipines |
Peso |
Local principal currency |
| New Hope Bangladesh Ltd |
Bangladesh |
Taka |
Local principal currency |
| New Hope Agrotech Bangladesh Ltd |
Bangladesh |
Taka |
Local principal currency |
| New Hope Farms Bangladesh Ltd |
Bangladesh |
Taka |
Local principal currency |
| Xinhe International Trade Co., Ltd |
Bangladesh |
Taka |
Local principal currency |
| New Hope Lanka (Pvt) Limited |
Sri Lanka |
LKR |
Local principal currency |
| PT New Hope Jawa Timur |
Indonesia |
IDR |
Local principal currency |
| PT New Hope Indonesia |
Indonesia |
IDR |
Local principal currency |
| PT New Hope Medan |
Indonesia |
IDR |
Local principal currency |
| PT New Hope Farms Indonesia |
Indonesia |
IDR |
Local principal currency |
| PT New Hope Food Indonesia |
Indonesia |
IDR |
Local principal currency |
| PT New Hope Aqua Feed Indonesia |
Indonesia |
IDR |
Local principal currency |
| PT New Hope Poultry Trade Indonesia |
Indonesia |
IDR |
Local principal currency |
| PT Corn Drying Indonesia |
Indonesia |
IDR |
Local principal currency |
| New Hope Singapore Pte. Ltd |
Singapore |
USD |
Local principal currency |
| New Hope Asia Investment Pte. Ltd |
Singapore |
USD |
Local principal currency |
| New Hope International Holdings (Pte) Ltd |
Singapore |
USD |
Local principal currency |
| New Hope Global Investment Pte. Ltd |
Singapore |
USD |
Local principal currency |
| New Hope Singapore Premix Pte. Ltd |
Singapore |
USD |
Local principal currency |
| New Hope Singapore Biotechnology Pte. Ltd |
Singapore |
SGD |
Local principal currency |
| NHCS Investment Pte. Ltd |
Singapore |
SGD |
Local principal currency |
| Myanmar New Hope Farms Co., Ltd |
Myanmar |
MMK |
Local principal currency |
| Myanmar New Hope Agro-Technology Co., Ltd |
Myanmar |
MMK |
Local principal currency |
| Xinhe Myanmar Agro-technology Co., Ltd |
Myanmar |
MMK |
Local principal currency |
| New Hope Mandalay Co., Ltd |
Myanmar |
MMK |
Local principal currency |
| New Hope Egypt Ltd |
Egypt |
EGP |
Local principal currency |
| New Hope Agriculture () Ltd |
Egypt |
EGP |
Local principal currency |
| New Hope Alexander Ltd |
Egypt |
EGP |
Local principal currency |
| New Hope Egypt Aquatic Technology Ltd |
Egypt |
EGP |
Local principal currency |
| New Hope Egypt Poultry Ltd |
Egypt |
EGP |
Local principal currency |
| New Hope South Africa Ltd |
South Africa |
Rand |
Local principal currency |
| New Hope Turkey Feed and Farming Food Import & Export and Industry Ltd |
Turkey |
Lira |
Local principal currency |
| New Hope Laos Co., Ltd |
Laos |
Kip |
Local principal currency |
| New Hope Agro Business Nepal Pvt Ltd |
Nepal |
NPR |
Local principal currency |
| New Hope Poland Ltd |
Poland |
Zloty |
Local principal currency |
| New Hope Kolkata Animal Feed Private Ltd |
India |
INR |
Local principal currency |
| New Hope Agro-technology Nigeria Ltd |
Nigeria |
Naira |
Local principal currency |
| Hong Kong Dongxian Technology Co., Ltd |
Hong Kong |
HKD |
Local principal currency |
Note: as detailed in “Note V. (9) foreign-currency business and foreign currency statement translation”, the “undistributed profits” in the ownership interest is calculated and presented based on the items of net profits and profit distribution after translation; other items of ownership interest other than undistributed profits are converted at the spot exchange rate incurred by them. The difference between the sum of assets and liabilities after translation and the sum of items of ownership interest is recognized as other comprehensive income by virtue of foreign currency statement translation difference.
All overseas operating entities of the company adopt the currencies in primary economic environments in which they operate as accounting currencies, and none of overseas operating entities changed their accounting currencies in the current period.
62. Government subsidy
(1) Basic details of government subsidy
Unit: yuan
| Category |
Amount |
Items presented |
Amount charged to current profit and loss |
|---|
| Joint-stock company headquarters- Research of AI-based rapid identification and containment technology system for drug-resistant bacteria transmitting between humans and poultry (special project) |
710,000.00 |
Deferred income |
10,290.00 |
| Joint-stock company headquarters--Regulation and mechanism formed by daily ration composition and feeding system on healthy and high-quality meat of livestock and poultry |
104,366.00 |
Deferred income |
20,119.00 |
| Joint-stock company headquarters--Research and development of packaged technology and equipment for treatment and recycling of dead livestock and poultry and slaughtering wastes (special project) |
90,000.00 |
Deferred income |
133,000.00 |
| Joint-stock company headquarters—“Excellent Plan” project of Tech City Talent Program (special project) |
450,000.00 |
Deferred income |
0.00 |
| Joint-stock company headquarters— Application and demonstration of efficient and safe breeding technology for green aquatic birds. |
128,000.00 |
Deferred income |
107,803.34 |
| Mianyang New Hope—industrial development funding |
3,050,000.00 |
Deferred |
94,107.00 |
|
|
income |
|
| Laiwu Liuhe Food—boiler subsidy |
40,000.00 |
Deferred income |
0.00 |
| Yishui Refrigeration—subsidy for clean heating project using multi-energy complementation. |
1,110,000.00 |
Deferred income |
37,000.00 |
| Subsidy for low-nitrogen renovation of gas (oil)-fired boilers of Porridge Jiahe in |
244,000.00 |
Deferred income |
25,084.07 |
| Tibet Linzhi—subsidy for harmless treatment of dead or sick pigs |
62,320.00 |
Deferred income |
37,392.00 |
| Baoji Jinfeng—subsidy for breeding pig farm construction |
1,000,000.00 |
Deferred income |
0.00 |
| Rugao Xinhao—subsidy for manure recycling project |
1,089,700.00 |
Deferred income |
142,320.93 |
| Linmu Swine Breeding-- subsidy for agricultural machinery |
150,000.00 |
Deferred income |
15,833.27 |
| Linyi Swine Breeding—government subsidy for fermentation tanks |
862,100.00 |
Deferred income |
28,716.14 |
| Rongchang Pig Farm—subsidy for offsite fermentation bed project |
247,500.00 |
Deferred income |
2,062.50 |
| Jiangyou Pig Farm—Swine industry park breeding-related technology research project in Jiangyou city |
400,000.00 |
Deferred income |
11,111.11 |
| Liaocheng Xinhao—subsidy for agricultural machinery |
867,550.00 |
Deferred income |
86,754.98 |
| Tangshan Xinhao—agricultural project subsidy |
1,300,000.00 |
Deferred income |
48,750.02 |
| Tangshan Xinhao-government subsidy for cleaning and decontamination center |
2,871,500.00 |
Deferred income |
131,610.42 |
| Gaotang Xinhao—subsidy for fermentation banks |
750,000.00 |
Deferred income |
150,000.00 |
| Xiaoxian Swine Breeding—subsidy for introduction of varieties |
203,700.00 |
Deferred income |
62,241.63 |
| Yijun Xinliu—infrastructure construction funding |
2,450,000.00 |
Deferred income |
367,500.00 |
| Shenze Xinhao—subsidy for agricultural equipment |
17,900.00 |
Deferred income |
1,608.35 |
| Zhaoqing Xinhao—government subsidy for agricultural industry park funding |
4,400,000.00 |
Deferred income |
109,999.98 |
| Nanning Xinliu—government subsidy for 2020 pig production stabilization project |
550,000.00 |
Deferred income |
0.00 |
| Dean Xinchi—subsidy for introduction of varieties |
542,700.00 |
Deferred income |
15,000.00 |
| Santai Farming--Subsidy for manure recycling project |
309,318.50 |
Deferred income |
283,541.94 |
| Yanting Xinhao--Subsidy for large-sized biogas engineering project |
1,406,250.00 |
Deferred income |
150,000.00 |
| Leshan Farming—subsidy for fertile sows |
757,289.65 |
Deferred income |
21,035.82 |
| Qianjiang Xinhao—subsidy for construction project |
2,500,000.00 |
Deferred income |
31,250.01 |
| Guanglv Xinliu—subsidy for the second phase of swine variety introduction in Hangzhou |
1,834,000.00 |
Deferred income |
50,944.40 |
| Guanglv Xinliu—subsidy for the first phase of variety introduction in Xiaoshan District |
3,668,000.00 |
Deferred income |
101,888.89 |
| Nanchong New Hope—project of transformation of scientific and technological achievements |
420,000.00 |
Deferred income |
17,500.00 |
| Maoming Liuhe—subsidy for technical renovation |
1,047,400.00 |
Deferred income |
22,769.55 |
| Aba Yak-- Subsidy for Southwest University for Nationalities |
64,600.00 |
Deferred income |
0.00 |
| Hongyuan Yak—product showroom renovation project |
250,000.00 |
Deferred income |
0.00 |
| Liuhe Group—Project of integration and industrialization demonstration of key technologies for 3000t/a marine biological products for agricultural use (special project) |
120,000.00 |
Deferred income |
181,221.00 |
| Liuhe Group—research and application of key technology for high-yield new strain breeding of white-feathered meat ducks (special project) |
500,000.00 |
Deferred income |
1,694.75 |
| Liuhe Group—screening of marine drug sources for non-antibiotic treatment of multi-drug resistance of poultry and livestock and new drug development (special project) |
100,000.00 |
Deferred income |
0.00 |
| Xiaoyi Food—Expansion of 60000t/a chicken production line and base construction |
953.40 |
Deferred income |
0.00 |
| Guantao Feed—subsidy for low-nitrogen renovation of gas-fired boilers |
60,000.00 |
Deferred income |
2,678.55 |
| Leting Xinmeizi Breeding—subsidy for beautiful countryside construction |
89,853.00 |
Deferred income |
2,406.78 |
| Laibin Xinhao—“on-the-job training” subsidy from Laibin Employment Service Center |
267,500.00 |
Deferred income |
3,343.74 |
| Laibin Xinhao—subsidy for construction of large pig farms |
500,000.00 |
Deferred income |
12,501.94 |
| Laibin Xinhao—subsidy for manure recycling construction project |
2,457,000.00 |
Deferred income |
39,552.95 |
| Rongchang Pig Farm—subsidy for introduction of varieties |
153,225.00 |
Deferred income |
12,768.75 |
| Taian Xinchi—pig farming subsidy |
200,000.00 |
Deferred income |
38,888.92 |
| Guangan Xinhao-government funding for epidemic prevention |
500,000.00 |
Deferred income |
337,437.99 |
| New Hope Farming—counterpart funding from Xinjin Elite program |
144,000.00 |
Deferred income |
0.00 |
| New Hope Farming—Chengdu Talented Drifters Program |
108,000.00 |
Deferred income |
108,000.00 |
| Hope Food- patent portfolio for a kind of meat product processing method |
100,000.00 |
Deferred income |
0.00 |
| Hope Food—key technology for industrial production of Sichuan-styled fast dishes |
316,000.00 |
Deferred income |
0.00 |
| Lanzhou New Hope—government subsidy for on-the-job training |
26,800.00 |
Deferred income |
13,400.00 |
| Hongyuan Yak- subsidy from Hongyuan County Bureau of Finance for sewage treatment system upgrading and renovation project |
458,700.00 |
Deferred income |
0.00 |
| Liuhe Group--“China-EU intergovernmental cooperation program”- EU Horizon SFS-46-2017 (special project) |
200,000.00 |
Deferred income |
99,747.53 |
| Liuhe Group—China-EU food safety process control system based on digital IT (special project) |
562,680.00 |
Deferred income |
14,829.65 |
| Liuhe Group-- Research of microbiological degradation technology for mycotoxins in prawn feed ingredients—Shandong Province (special project) |
60,000.00 |
Deferred income |
0.00 |
| Liuhe Group-- Leading talented industry practitioners in Taishan---promotion of key technology for selection and breeding of important economic traits of meat ducks and cultivation of new strains (special project) |
3,000,000.00 |
Deferred income |
286,571.60 |
| Liuhe Group- Research and industrialization promotion of key technologies of environment-friendly, antibiotic-free feed for swine and poultry (special project) |
567,000.00 |
Deferred income |
443,924.65 |
| Liuhe Group-- Use of fermentation technology to degrade mycotoxins in feed ingredients for prawns (special project) |
40,000.00 |
Deferred income |
47,758.54 |
| Liuhe Group-- Demonstration and promotion of foot-and-mouth disease decontamination on swine breeding farms (special project) |
33,380.00 |
Deferred income |
74,156.30 |
| Liuhe Group—Technology empowering economy 2020—promotion and application of foot-and-mouth disease containment and decontamination technologies (special project) |
3,000,000.00 |
Deferred income |
1,353,138.03 |
| Liuhe Group—key technology research and demonstration for healthy, efficient and environment-friendly breeding of meat ducks (special project) |
240,000.00 |
Deferred income |
29,936.79 |
| Liuhe Group-- Research of immunization program for swine fever and pseudorabies on large-scaled pig farms (special project) |
99,400.00 |
Deferred income |
96,491.56 |
| Liuhe Group-- Research, development and application of new veterinary drugs and new additives of bacteriophage for super bacteria (special project) |
200,000.00 |
Deferred income |
76,402.45 |
| Weifang Liuhe--Research and industrialization promotion of key technologies of environment-friendly, antibiotic-free feed for swine and poultry |
367,200.00 |
Deferred income |
0.00 |
| Xiantao Feed—government subsidy for pandemic-related interest |
153,180.56 |
Deferred income |
87,125.00 |
| Anyang Liuhe—interest subsidy against pandemic |
207,300.00 |
Deferred income |
115,166.65 |
| Yanshi Liuhe—fiscal interest subsidy for anti-epidemic loans |
519,600.00 |
Deferred income |
389,700.00 |
| Gushi Liuhe—fiscal interest subsidy for epidemic containment loans |
468,300.00 |
Deferred income |
312,200.00 |
| Xiaoyi Food—loan interest subsidy |
671,775.00 |
Deferred income |
335,887.50 |
| Nantong Feed—subsidy for disability |
900.00 |
Deferred income |
0.00 |
| Weifang New Hope: Research and industrialization promotion of key technologies of environment-friendly, antibiotic-free feed for swine and poultry |
1,271,970.00 |
Deferred income |
938,869.29 |
| Weifang New Hope—research and integration of key technologies for high-value utilization of unconventional protein raw materials |
200,000.00 |
Deferred income |
0.00 |
| Weifang New Hope—research and industrialization of key technologies for efficient and environment-friendly laying hen feeds. |
200,000.00 |
Deferred income |
2,700.00 |
| Amortization of deferred income-assets |
21,052,146.42 |
Other income |
21,052,146.42 |
| Amortization of deferred income-income |
2,826,168.05 |
Other income |
2,826,168.05 |
| Rebate of handling fee on withheld personal income tax |
1,105,951.07 |
Other income |
1,105,951.07 |
| Government subsidy related to daily business activities |
146,631,224.95 |
Other income |
146,631,224.95 |
| Total |
225,728,401.60 |
|
179,391,226.75 |
(2) Return of government subsidies
□ applicable √ not applicable
Other remarks:
63. Others
VIII. Changes in scope of consolidation
1. Business combination not under common control
(1) Current business combinations not under common control
Unit: yuan
| Name of the acquired party |
Time of equity acquisition |
Cost of equity acquisition |
Ratio of equities acquired |
Way of equity acquisition |
Purchase date |
Basis for determination of purchase date |
Revenue of the acquired party from the purchase date to end of the period |
Net profits of the acquired party from the purchase date to end of the period |
|---|
| Yihai Agricultural Development Co., Ltd |
April 7, 2020 |
21,306,143.40 |
100.00% |
Cash |
April 7, 2020 |
Transfer of control |
|
-455,189.50 |
| Zhejiang Jiuyifeng Agricultural Technology Co., Ltd |
August 2, 2020 |
7,000,000.00 |
100.00% |
Cash |
August 2, 2020 |
Transfer of control |
|
-86,221.70 |
| Hangzhou Guanglv Breeding Co., Ltd |
August 10, 2020 |
38,889,288.36 |
100.00% |
Cash |
August 10, 2020 |
Transfer of control |
|
-5,351,722.92 |
| Zhejiang Xindongwan Agricultural Development Co., Ltd |
August 10, 2020 |
10,013,737.70 |
100.00% |
Cash |
August 10, 2020 |
Transfer of control |
4,364,854.92 |
-5,972,566.47 |
| Tianjin Jingwu Breeding Pigs Co., Ltd |
December 11, 2020 |
9,163,697.05 |
100.00% |
Cash |
December 11, 2020 |
Transfer of control |
|
|
| Tianjin Qingyang Desheng Breeding Pigs Co., Ltd |
December 11, 2020 |
3,642,458.02 |
100.00% |
Cash |
December 11, 2020 |
Transfer of control |
|
|
| Tianjin Shengxi Lianhua Livestock & Poultry Breeding Co., Ltd |
December 11, 2020 |
2,635,868.74 |
100.00% |
Cash |
December 11, 2020 |
Transfer of control |
|
|
| Tianjin Guotai Breeding Co., Ltd |
December 11, 2020 |
1,877,005.58 |
100.00% |
Cash |
December 11, 2020 |
Transfer of control |
|
|
| Tianjin Lvdiyuan Organic Fertilizers Co., Ld |
December 11, 2020 |
2,855,077.03 |
100.00% |
Cash |
December 11, 2020 |
Transfer of control |
|
|
| Guangxi Pingxiang Chunmei Animal Nutrition Food |
August 17, 2020 |
5,525,870.44 |
100.00% |
Cash |
August 17, 2020 |
Transfer of control |
20,592,871.40 |
-871,395.73 |
| Co., Ltd |
|
|
|
|
|
|
|
|
| Yancheng Zhongtai Livestock Co., Ltd |
December 4, 2020 |
154,657,663.59 |
100.00% |
Cash |
December 4, 2020 |
Transfer of control |
|
-1,158,768.65 |
| Xiangshan Huatong Livestock Co., Ltd |
December 11, 2020 |
62,660,000.00 |
100.00% |
Cash |
December 11, 2020 |
Transfer of control |
|
1,486,058.03 |
Other remarks:
(2) Combination cost and goodwill
Unit: yuan
| Combination cost |
Yihai Agricultural Development Co., Ltd |
Zhejiang Jiuyifeng Agricultural Technology Co., Ltd |
Hangzhou Guanglv Breeding Co., Ltd |
Zhejiang Xindongwan Agricultural Development Co., Ltd |
Tianjin Jingwu Breeding Pigs Co., Ltd |
Tianjin Qingyang Desheng Breeding Pigs Co., Ltd |
|---|
| -cash |
21,306,143.40 |
7,000,000.00 |
38,889,288.36 |
10,013,737.70 |
9,163,697.05 |
3,642,458.02 |
| Total combination cost |
21,306,143.40 |
7,000,000.00 |
38,889,288.36 |
10,013,737.70 |
9,163,697.05 |
3,642,458.02 |
| Minus: share of fair value of identifiable net assets acquired |
21,306,143.40 |
7,000,000.00 |
38,889,288.36 |
10,013,737.70 |
25,827,263.85 |
11,066,095.06 |
| Amount of goodwill/combination cost lower than the share of fair value of identifiable net assets acquired |
|
|
|
|
-16,663,566.80 |
-7,423,637.04 |
| Combination cost |
Tianjin Shengxi Lianhua Livestock & Poultry Breeding Co., Ltd |
Tianjin Guotai Breeding Co., Ltd |
Tianjin Lvdiyuan Organic Fertilizers Co., Ld |
Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd |
Yancheng Zhongtai Livestock Co., Ltd |
Xiangshan Huatong Livestock Co., Ltd |
|---|
| -cash |
2,635,868.74 |
1,877,005.58 |
2,855,077.03 |
5,525,870.44 |
154,657,663.59 |
62,660,000.00 |
| Total combination cost |
2,635,868.74 |
1,877,005.58 |
2,855,077.03 |
5,525,870.44 |
154,657,663.59 |
62,660,000.00 |
| Minus: share of fair value of identifiable net assets acquired |
7,673,469.81 |
5,540,723.40 |
8,706,435.06 |
5,525,870.44 |
154,657,663.59 |
62,660,000.00 |
| Amount of goodwill/combination cost lower than the share of fair value of identifiable net assets acquired |
-5,037,601.07 |
-3,663,717.82 |
-5,851,358.03 |
|
|
|
Remarks on method for determination of fair value of combination cost, contingent consideration and its changes:
The fair value of equity securities issued is determined by the market price of open market and amount of share capital issued at the date of merger and acquisition.
Main causes of formation of large-sum goodwill:
The formation of goodwill was due to difference of the business combination cost larger than the share of fair value of identifiable net assets of the acquired party acquired in combination.
(3) Identifiable assets and liabilities of the acquired party at the purchase date
Unit: yuan
|
Yihai Agricultural Development Co., Ltd |
Zhejiang Jiuyifeng Agricultural Technology Co., Ltd |
Hangzhou Guanglv Breeding Co., Ltd |
|---|
|
Fair value at the purchase date |
Book value at the purchase date |
Fair value at the purchase date |
Book value at the purchase date |
Fair value at the purchase date |
Book value at the purchase date |
|---|
| Cash at bank and on hand |
121,400.00 |
121,400.00 |
5.00 |
5.00 |
|
|
| Fixed assets |
|
|
6,200,000.00 |
6,200,000.00 |
134,550,000.00 |
19,551,010.61 |
| Intangible assets |
17,002,735.92 |
|
799,995.00 |
|
|
|
| Construction in progress |
14,817,583.00 |
14,817,583.00 |
|
|
|
|
| Other long-term assets |
899,500.00 |
899,500.00 |
|
|
|
|
| Prepayments |
|
|
|
|
150,000.00 |
150,000.00 |
| Other receivables |
|
|
|
|
300,000.00 |
300,000.00 |
| Inventories |
|
|
|
|
|
|
| Other current assets |
|
|
|
|
|
|
| Borrowings |
|
|
|
|
|
|
| Payables |
|
|
|
|
90,294,450.00 |
90,294,450.00 |
| Taxes and dues payable |
70,541.92 |
70,541.92 |
|
|
|
|
| Other payables |
11,464,533.60 |
11,464,533.60 |
|
|
5,816,261.64 |
5,816,261.64 |
| Other non-current liabilities |
|
|
|
|
|
|
| Payroll payable |
|
|
|
|
|
|
| Long-term borrowings |
|
|
|
|
|
|
| Net assets |
21,306,143.40 |
4,303,407.48 |
7,000,000.00 |
6,200,005.00 |
38,889,288.36 |
-76,109,701.03 |
| Net assets acquired |
21,306,143.40 |
4,303,407.48 |
7,000,000.00 |
6,200,005.00 |
38,889,288.36 |
-76,109,701.03 |
|
Zhejiang Xindongwan Agricultural Development Co., Ltd |
Tianjin Jingwu Breeding Pigs Co., Ltd |
Tianjin Qingyang Desheng Breeding Pigs Co., Ltd |
|---|
|
Fair value at the purchase date |
Book value at the purchase date |
Fair value at the purchase date |
Book value at the purchase date |
Fair value at the purchase date |
Book value at the purchase date |
|---|
| Cash at bank and on hand |
27,969.84 |
27,969.84 |
3,954.13 |
3,954.13 |
2,374.06 |
2,374.06 |
| Fixed assets |
264,715,820.55 |
102,007,325.32 |
71,765,464.72 |
71,765,464.72 |
21,128,421.00 |
21,128,421.00 |
| Intangible assets |
|
|
|
|
|
|
| Construction in progress |
|
|
|
|
|
|
| Other long-term assets |
3,653,208.61 |
3,653,208.61 |
|
|
|
|
| Prepayments |
15,000.00 |
15,000.00 |
|
|
|
|
| Other receivables |
16,588,001.00 |
16,588,001.00 |
13,967,145.00 |
13,967,145.00 |
|
|
| Inventories |
|
|
875,100.00 |
875,100.00 |
|
|
| Other current assets |
|
|
|
|
|
|
| Borrowings |
37,300,000.00 |
37,300,000.00 |
30,500,000.00 |
30,500,000.00 |
|
|
| Payables |
185,561,981.56 |
185,561,981.56 |
1,022,400.00 |
1,022,400.00 |
20,000.00 |
20,000.00 |
| Taxes and dues payable |
|
|
|
|
|
|
| Other payables |
16,132,987.18 |
16,132,987.18 |
29,262,000.00 |
29,262,000.00 |
10,044,700.00 |
10,044,700.00 |
| Other non-current liabilities |
35,991,293.56 |
35,991,293.56 |
|
|
|
|
| Payroll payable |
|
|
|
|
|
|
| Long-term borrowings |
|
|
|
|
|
|
| Net assets |
10,013,737.70 |
-152,694,757.53 |
25,827,263.85 |
25,827,263.85 |
11,066,095.06 |
11,066,095.06 |
| Net assets acquired |
10,013,737.70 |
-152,694,757.53 |
25,827,263.85 |
25,827,263.85 |
11,066,095.06 |
11,066,095.06 |
|
Tianjin Shengxi Lianhua Livestock & Poultry Breeding Co., Ltd |
Tianjin Guotai Breeding Co., Ltd |
Tianjin Lvdiyuan Organic Fertilizers Co., Ld |
|---|
|
Fair value at the purchase date |
Book value at the purchase date |
Fair value at the purchase date |
Book value at the purchase date |
Fair value at the purchase date |
Book value at the purchase date |
|---|
| Cash at bank and on hand |
1,455.76 |
1,455.76 |
2,371.40 |
2,371.40 |
1,798.06 |
1,798.06 |
| Fixed assets |
27,711,791.05 |
27,711,791.05 |
16,487,322.00 |
16,487,322.00 |
5,628,257.00 |
5,628,257.00 |
| Intangible assets |
|
|
|
|
|
|
| Construction in progress |
|
|
|
|
|
|
| Other long-term assets |
|
|
|
|
|
|
| Prepayments |
|
|
|
|
|
|
| Other receivables |
|
|
|
|
3,076,380.00 |
3,076,380.00 |
| Inventories |
|
|
|
|
|
|
| Other current assets |
|
|
|
|
|
|
| Borrowings |
|
|
|
|
|
|
| Payables |
25,000.00 |
25,000.00 |
2,100.00 |
2,100.00 |
|
|
| Taxes and dues payable |
|
|
|
|
|
|
| Other payables |
20,014,777.00 |
20,014,777.00 |
10,946,870.00 |
10,946,870.00 |
|
|
| Other non-current liabilities |
|
|
|
|
|
|
| Payroll payable |
|
|
|
|
|
|
| Long-term borrowings |
|
|
|
|
|
|
| Net assets |
7,673,469.81 |
7,673,469.81 |
5,540,723.40 |
5,540,723.40 |
8,706,435.06 |
8,706,435.06 |
| Net assets acquired |
7,673,469.81 |
7,673,469.81 |
5,540,723.40 |
5,540,723.40 |
8,706,435.06 |
8,706,435.06 |
|
Guangxi Pingxiang Chunmei Animal Nutrition Food Co., Ltd |
Yancheng Zhongtai Livestock Co., Ltd |
Xiangshan Huatong Livestock Co., Ltd |
|---|
|
Fair value at the purchase date |
Book value at the purchase date |
Fair value at the purchase date |
Book value at the purchase date |
Fair value at the purchase date |
Book value at the purchase date |
|---|
| Cash at bank and on hand |
|
|
206.71 |
206.71 |
1,027,278.85 |
1,027,278.85 |
| Fixed assets |
12,910,754.76 |
12,910,754.76 |
152,753,448.90 |
149,683,646.61 |
62,052.95 |
62,052.95 |
| Intangible assets |
4,089,143.44 |
2,408,868.02 |
|
|
|
|
| Construction in progress |
|
|
|
|
164,145,697.61 |
151,472,832.80 |
| Other long-term assets |
|
|
1,001,818.66 |
1,001,818.66 |
|
|
| Prepayments |
|
|
944,732.44 |
944,732.44 |
|
|
| Other receivables |
|
|
|
|
363.58 |
363.58 |
| Inventories |
|
|
|
|
2,008.00 |
2,008.00 |
| Other current assets |
101.80 |
101.80 |
|
|
|
|
| Borrowings |
2,952,346.18 |
2,952,346.18 |
|
|
|
|
| Payables |
92,515.07 |
92,515.07 |
3,404.24 |
3,404.24 |
84,136,406.50 |
84,136,406.50 |
| Taxes and dues payable |
|
|
39,050.00 |
39,050.00 |
|
|
| Other payables |
1,515,033.61 |
1,515,033.61 |
88.88 |
88.88 |
18,392,225.89 |
18,392,225.89 |
| Other non-current liabilities |
|
|
|
|
|
|
| Payroll payable |
614,234.70 |
614,234.70 |
|
|
48,768.60 |
48,768.60 |
| Long-term borrowings |
6,300,000.00 |
6,300,000.00 |
|
|
|
|
| Net assets |
5,525,870.44 |
3,845,595.02 |
154,657,663.59 |
151,587,861.30 |
62,660,000.00 |
49,987,135.19 |
| Net assets acquired |
5,525,870.44 |
3,845,595.02 |
154,657,663.59 |
151,587,861.30 |
62,660,000.00 |
49,987,135.19 |
Method for determination of fair value of identifiable assets and liabilities:
Contingent liabilities of the acquired party assumed in the business combination:
(4) Earnings or losses rising from re-measurement of equities held prior to purchase date at fair value
Whether there were any transactions in which business combination was realized step by step through multiple transactions and control was acquired in the reporting period
□ yes √ no
（5）Related remarks on inability to reasonably determine the consideration for combination or the fair value of identifiable assets and liabilities of the acquired party at the purchase date or at the end of period of combination
2. Disposal of subsidiaries
Where there were any circumstances in which the company lost control upon a single disposal of investments in subsidiaries
√ Yes □ No
Unit: yuan
| Name of subsidiary |
Price of equity disposal |
Ratio of equity disposal |
Way of equity disposal |
Time of loss of control |
Basis for determination of time of loss of control |
Difference between disposal price and the share of net assets of the subsidiary at the consolidated |
Ratio of remaining equities at the date of loss of control |
Book value of remaining equities at the date of loss of control |
Fair value of remaining equities at the date of loss of control |
Earnings or losses from re-measurement of remaining equities at fair value |
Method for determination of fair value of remaining equities at the date of loss of control |
Amount of other comprehensive income transferred to investment profit and loss in connection with |
|---|
|
|
|
|
|
|
level corresponding to disposal of investment |
|
|
|
|
and main assumptions |
original equity investment in subsidiary |
| Yanchua n Yongxia ng Livestoc k Develop ment Co., Ltd |
|
100.00% |
Transfer |
July 8, 2020 |
Business registration changed |
-1,756,868.72 |
|
|
|
|
|
0.00 |
| Shanghai Shihe Commer ce Co., Ltd |
5,000,000.00 |
100.00% |
Transfer |
July 21, 2020 |
Business registration changed |
-3,051,686.73 |
|
|
|
|
|
0.00 |
| Kaiyuan Liuhe Yahui Feed Co., Ltd |
514,783.95 |
60.00% |
Transfer |
April 30, 2020 |
Business registration changed |
713,777.27 |
|
|
|
|
|
0.00 |
compreh
Ratio of remaining equities at the date of loss of control
ensive
Basis for determination of time of loss of control
income
Name of subsidiary
Price of equity disposal
Ratio of equity disposal
Way of equity disposal
Time of loss of control
transferr
ed to
investme
nt profit
and loss
in
connecti
on with
Other remarks:
Whether there were any circumstances in which the company lost control in the current period through multi-transaction, step-by-step disposal of investment in subsidiary
□ yes √ no
3. Changes in scope of consolidation for other reasons
Remarks on changes to the scope of consolidation due to other reasons (e.g., establishment of a new subsidiary, liquidation of a subsidiary, etc.) and related circumstances:
(1) Subsidiaries newly established in the current period
| Name of subsidiary |
Ending net assets |
Current net assets |
|---|
| Jiangmen Xinliu Farming Co., Ltd |
19,999,333.13 |
-666.87 |
| Taiqian New Hope Liuhe Luxin Food Co., Ltd |
1,058,043.24 |
-8,941,956.76 |
| Shandong Kingley Food Co., Ltd |
940,771.26 |
-2,059,228.74 |
| Guangzhou Hope Food Co., Ltd |
4,967,026.86 |
-3,032,973.14 |
| Lijin New Hope Liuhe Breeding Co., Ltd |
-45,248.83 |
-45,248.83 |
| Lijin Zhongxin Duck Breeding Co., Ltd |
2,893,294.97 |
-106,705.03 |
| Puyang Hope Food Co., Ltd |
9,624,708.35 |
-375,291.65 |
| Bengbu Hope Food Co., Ltd |
7,856,020.61 |
-143,979.39 |
| Sichuan New Hope Liuhe Xueyu Tianlu Supply Chain Management Co., Ltd |
|
|
| Sichuan New Hope Liuhe Food Co., Ltd |
|
|
| Jiexi New Hope Agricultural Investment Partnership (LP) |
1,491,532.06 |
125,065.46 |
| Sichuan New Hope Agricultural Development Partnership (LP) |
1,194,040,484.68 |
-32,818,552.88 |
| Yichun New Hope Livestock Industry Development Fund Partnership (LP) |
59,005,132.13 |
-1,108,297.35 |
| Shandong New Hope Agricultural Investment Co., Ltd |
19,000,000.00 |
|
| Shandong New Hope Agricultural Development Co., Ltd |
1,332,700,000.00 |
|
| Shandong New Hope Xinnong Equity Investment Fund Partnership (LP) |
830,072,380.44 |
23,350.00 |
| Huazhou Xinchi Livestock Co., Ltd |
0.46 |
0.46 |
| Wushan Xinchi Farming Technology Co., Ltd |
9,879,290.23 |
-120,709.77 |
| Guangyuan Xinchi Farming Co., Ltd |
19,959,283.90 |
-40,716.10 |
| Ji’an Xinchi Farming Co., Ltd |
5,103,143.70 |
5,103,143.70 |
| Gaoxian Xinchi Farming Co., Ltd |
10,000,976.55 |
976.55 |
| Jiexi New Hope Liuhe Breeding Co., Ltd |
24,171,476.56 |
-48,523.44 |
| Yingtan Xinliu Technology Co., Ltd |
15,603,815.81 |
15,603,815.81 |
| Kerqin Zuoyi Middle Banner Xinhao Farming Co., Ltd |
1,921,995.32 |
-78,004.68 |
| Binzhou Zhanhua District Xinliu Farming Technology Co., Ltd |
2,122,961.03 |
122,961.03 |
| Handan New Hope Liuhe Breeding Co., Ltd |
10,898,629.27 |
3,898,629.27 |
| Anyue New Hope Liuhe Farming Co., Ltd |
7,696,328.37 |
-12,303,671.63 |
| Weiyuan Xinliu Farming Technology Co., Ltd |
|
|
| Longhui New Hope Liuhe Farming Co., Ltd |
14,862,025.99 |
-321,274.01 |
| Hainan Xinliu Agricultural Reclamation Farming Technology Co., Ltd |
118,946,077.40 |
-653,922.60 |
| Yichun Xinwang Farming Co., Ltd |
116,175,637.51 |
-824,362.49 |
| Lipu Xinhao Farming Technology Co., Ltd |
8,834,525.53 |
-1,165,474.47 |
| Liaoning Xinwang Food Co. Ltd |
35,241,274.78 |
35,241,274.78 |
| Dongying Xinhao Modern Farming Co., Ltd |
192,394,274.83 |
-27,605,725.17 |
| Hengyang Xinhao Farming Co., Ltd |
45,404,508.65 |
-95,491.35 |
| Yixian Xinliu Farming Technology Co., Ltd |
-277,022.00 |
-277,022.00 |
| Changning New Hope Liuhe Eco-Farming Technology Co., Ltd |
3,004,303.29 |
4,303.29 |
| Nanhe Xinhao Farming Technology Co., Ltd |
6,859,684.99 |
-140,315.01 |
| Xinmin Xinwang Farming Co., Ltd |
-13,008,575.39 |
-13,008,575.39 |
| Ruian New Hope Liuhe Farming Co., Ltd |
19,686,035.00 |
-313,965.00 |
| Shanxian Xinhao Farming Co., Ltd |
87,155,695.95 |
2,155,695.95 |
| Kaiping Houpu Feed Co., Ltd |
|
|
| Fujian Datian New Hope Liuhe Animal Husbandry Co., Ltd |
-55,550.20 |
-55,550.20 |
| Nanjing Xinmu Farming Co., Ltd |
37,928,732.53 |
-17,071,267.47 |
| Gulin Xinliu Eco-Farming Technology Co., Ltd |
-230,967.04 |
-230,967.04 |
| Shuyang Xinliu Farming Technology Co., Ltd |
14,077,057.78 |
-10,822,942.22 |
| Wuyi Xinhao Farming Co., Ltd |
100,000.00 |
|
| Yantai Xinhao Farming Co., Ltd |
90,962,220.52 |
-4,037,779.48 |
| Binzhou New Hope Liuhe Farming Co., Ltd |
-19,061,178.48 |
-22,061,178.48 |
| Dacheng Xinhao Technology Co., Ltd |
2,847,206.45 |
-152,793.55 |
| Laizhou New Hope Liuhe Farming Co., Ltd |
2,689,276.51 |
-2,310,723.49 |
| Zhenjiang New Hope Liuhe Farming Co., Ltd |
59,958,732.86 |
-41,267.14 |
| Chongqing Qianjiang District Xinhao Farming Technology Co., Ltd |
19,086,262.87 |
-913,737.13 |
| Yanyuan Xinliu Farming Technology Co., Ltd |
-272.62 |
-272.62 |
| Jiangxi New Hope Liuhe Farming Technology Co., Ltd |
-1,810,634.75 |
-1,810,634.75 |
| Suining Xinliu Farming Technology Co., Ltd |
49,390,911.49 |
-99,088.51 |
| Xiajiang Xinliu Farming Co., Ltd |
28,554,291.80 |
-1,445,708.20 |
| Zhaoxian Xinhao Farming Co., Ltd |
7,469,687.44 |
2,469,687.44 |
| Neijiang New Hope Liuhe Farming Technology Co., Ltd |
15,282,402.98 |
-17,597.02 |
| Quyang Xinhao Farming Co., Ltd |
4,616,400.49 |
-383,599.51 |
| Luochuan Xinliu Technology Co., Ltd |
2,430,194.68 |
-569,805.32 |
| Dongguang Xinhao Farming Co., Ltd |
1,857,078.70 |
-142,921.30 |
| Dazhu Xinliu Farming Technology Co., Ltd |
|
|
| Dongming Xinmu Farming Co., Ltd |
4,997,356.33 |
-2,643.67 |
| Leizhou Xinhao Farming Co., Ltd |
2,927,000.68 |
-72,999.32 |
| Qianwei Xinhao Farming Co., Ltd |
2,999,467.22 |
-532.78 |
| Changle New Hope Liuhe Farming Co., Ltd |
1,992,237.34 |
-7,762.66 |
| Tianjin Xinliu Farming Technology Co., Ltd |
5,026,251.33 |
26,251.33 |
| Tianjin New Hope Liuhe Farming Technology Co., Ltd |
-2,253,352.39 |
-2,253,352.39 |
| Quzhou Xinhao Farming Co., Ltd |
|
|
| Panzhou Xinliu Farming Development Co., Ltd |
88,852,232.22 |
-157,767.78 |
| Lezhi Xinmu Farming Co., Ltd |
19,186,971.23 |
-813,028.77 |
| Shangyi Xinliu Farming Technology Co., Ltd |
2,999,909.17 |
-90.83 |
| Pingyuan Xinliu Farming Technology Co., Ltd |
-2,689,751.53 |
-2,689,751.53 |
| Pucheng Xinliu Technology Co., Ltd |
51,432,673.27 |
-567,326.73 |
| Mianning Xinliu Farming Technology Co., Ltd |
-206.63 |
-206.63 |
| Chongren New Hope Liuhe Farming Co., Ltd |
2,941,562.98 |
-58,437.02 |
| Xiamen Xiashang New Hope Agricultural Development Co., Ltd |
|
|
| Fuan Xinliu Farming Technology Co., Ltd |
|
|
| Chengdu Xinjin Xinhao Farming Co., Ltd |
2,912,257.21 |
-87,742.79 |
| Anqiu New Hope Liuhe Farming Co., Ltd |
-2,968,581.99 |
-2,968,581.99 |
| Hainan Danzhou Xinliu Farming Technology Co., Ltd |
|
|
| Meishan Xinmu Farming Co., Ltd |
4,638,907.86 |
-361,092.14 |
| Julu Xinliu Farming Technology Co., Ltd |
-936,803.14 |
-936,803.14 |
| Zhucheng New Hope Liuhe Farming Co., Ltd |
-25,262.69 |
-25,262.69 |
| Taizhou New Hope Liuhe Farming Co., Ltd |
-190,262.70 |
-190,262.70 |
| Fuxin Xinwang Livestock Co., Ltd |
-705,869.49 |
-705,869.49 |
| Langzhong Xinliu Farming Technology Co., Ltd |
297,907,091.24 |
-92,908.76 |
| Guigang Gangnan District Xinliu Farming Technology Co., Ltd |
-5.00 |
-5.00 |
| Cangzhou Xinliu Farming Technology Co., Ltd |
-27,209.03 |
-27,209.03 |
| Shanxian Xinliu Farming Technology Co., Ltd |
1,953,907.02 |
-546,092.98 |
| Yiliang Xinliu Farming Technology Co., Ltd |
5,002,572.59 |
2,572.59 |
| Longhai New Hope Liuhe Farming Co., Ltd |
10,007,423.17 |
7,423.17 |
| Guilin Xinhao Farming Technology Co., Ltd |
8,506,318.20 |
-93,681.80 |
| Gongcheng Xinhao Farming Co., Ltd |
9,293,138.12 |
-706,861.88 |
| Pizhou New Hope Luihe Farming Co., Ltd |
2,821,972.86 |
-1,178,027.14 |
| Wannian New Hope Luihe Farming Co., Ltd |
976,905.74 |
-23,094.26 |
| Pingchang Xinmu Agriculture Co., Ltd |
3,000,000.00 |
|
| Rizhao Xinhao Farming Co., Ltd |
1,950,738.78 |
-149,261.22 |
| Luding Xinyue Farming Technology Co., Ltd |
2,766,570.82 |
-233,429.18 |
| Shixing Xinmu Farming Co., Ltd |
|
|
| Zhenyuan Xinmu Agricultural Development Co., Ltd |
4,781,419.79 |
-218,580.21 |
| Shangcai Xinliu Farming Technology Co., Ltd |
89,328,895.82 |
-671,104.18 |
| Neijiang Xinyue Farming Technology Co., Ltd |
|
|
| Zizhong Xinyue Farming Technology Co., Ltd |
2,941,098.48 |
-58,901.52 |
| Guilin Gongcheng Xinyue Farming Technology Co., Ltd |
3,001,861.70 |
1,861.70 |
| Yibin Xinyue Farming Technology Co., Ltd |
3,000,000.00 |
|
| Hengyang Xinyue Farming Technology Co., Ltd |
2,500,617.45 |
617.45 |
| Yishui Xinhao Farming Co., Ltd |
|
|
| Liuzhou Xinhao Farming Technology Co., Ltd |
-1,558,072.46 |
-1,558,072.46 |
| Lianzhou Xinliu Farming Technology Co., Ltd |
3,800,381.27 |
381.27 |
| Lijin Xinliu Farming Technology Co., Ltd |
-8,730.13 |
-8,730.13 |
| Qinhuangdao Xinliu Farming Technology Co., Ltd |
2,274,894.57 |
-725,105.43 |
| Langfang Xinliu Farming Technology Co., Ltd |
-523,289.31 |
-523,289.31 |
| Leizhou Xinwang Farming Co., Ltd |
|
|
| Shaoyang Xinmu Farming Co., Ltd |
2,901,856.54 |
-98,143.46 |
| Guangyuan Xinyue Farming Technology Co., Ltd |
1,451,600.04 |
-548,399.96 |
| Shiyan Xinyue Farming Technology Co., Ltd |
3,842,216.01 |
-157,783.99 |
| Chenzhou Xinyue Farming Technology Co., Ltd |
2,999,621.96 |
-378.04 |
| Nantong Xinmu Farming Co., Ltd |
3,781,291.67 |
-1,218,708.33 |
| Rongxian Xinmu Farming Co., Ltd |
4,977,283.03 |
-22,716.97 |
| Qinzhou Xinhao Farming Co., Ltd |
-1,110,034.37 |
-1,110,034.37 |
| Binyang Xinhao Farming Co, Ltd |
-12,287.76 |
-12,287.76 |
| Faku Xinwang Livestock Co., Ltd |
|
|
| Shixing Xinhao Farming Co., Ltd |
503,838.37 |
2,838.37 |
| Ruyuan Yao Autonomous County Xinhao Farming Co., Ltd |
29,912,120.53 |
-87,879.47 |
| Tongcheng Xinliu Farming Technology Co., Ltd |
99,467,963.69 |
-532,036.31 |
| Bazhong New Hope Swine Breeding Technology Co., Ltd |
2,501,990.00 |
-498,010.00 |
| Liyang New Hope Liuhe Farming Co., Ltd |
4,570,764.41 |
-429,235.59 |
| Guangzhou New Hope Liuhe Livestock Co., Ltd |
5,001,015.82 |
1,015.82 |
| Huishui Xinliu Farming Technology Development Co., Ltd |
|
|
| Luzhai Xinliu Farming Technology Co., Ltd |
9,917,467.59 |
-82,532.41 |
| Putian New Hope Zhenxing Livestock Co., Ltd |
49,495,000.00 |
-505,000.00 |
| Leshan Shawan District Xinfu Livestock Co., Ltd |
5,000,000.00 |
|
| Chongqing Nanshan District Xinliu Farming Technology Co., Ltd |
|
|
| Qianshan Xinyue Farming Technology Co., Ltd |
999,650.00 |
-350.00 |
| Yunan Xinyue Farming Technology Co., Ltd |
2,998,161.27 |
-1,838.73 |
| Julu Xinhao Farming Co., Ltd |
|
|
| Yongxing Xinliu Farming Technology Co., Ltd |
|
|
| Chaoyang Xinwang Farming Co., Ltd |
|
|
| Youxian Changhao Farming Co, Ltd |
3,000,275.00 |
275.00 |
| Hangzhou New Hope Liuhe Farming Co., Ltd |
|
|
| Taizhou Xinmu Agricultural Development Co., Ltd |
|
|
| Dianjiang Xinyue Farming Technology Co., Ltd |
|
|
| Xiaogan Xinyue Farming Technology Co., Ltd |
5,999,620.00 |
-380.00 |
| Shaoguan Xinyue Farming Technology Co., Ltd |
|
|
| Jinhu Xinyue Farming Technology Co., Ltd |
999,999.50 |
-0.50 |
| Suixi Xinyue Farming Technology Co., Ltd |
2,999,990.00 |
-10.00 |
| Zhaoyuan Xinmu Breeding Co., Ltd |
-20,237.71 |
-20,237.71 |
| Sihui Xinhao Breeding Co., Ltd |
|
|
| Tangshan Muzheng Feed Co., Ltd |
36,417,421.78 |
-2,382,578.22 |
| Pucheng New Hope Farming Technology Co., Ltd |
15,127,950.55 |
-4,872,049.45 |
| Xiajin Xinhao Feed Co., Ltd |
-625,928.16 |
-625,928.16 |
| Heze Xinhao Feed Co., Ltd |
18,230,335.53 |
-1,769,664.47 |
| Baiyin New Hope Liuhe Feed Co., Ltd |
-200,073.76 |
-200,073.76 |
| Zaozhuang New Hope Jinke Feed Co., Ltd |
4,416,058.09 |
-583,941.91 |
| Weixian New Hope Feed Co., Ltd |
9,619,344.46 |
-380,655.54 |
| Ningbo New Hope Liuhe Feed Co., Ltd |
-311,381.19 |
-311,381.19 |
| Tongliao New Hope Feed Co., Ltd |
2,135,978.89 |
-2,864,021.11 |
| Hengyang New Hope Agricultural Technology Co., Ltd |
3,430,867.41 |
-1,569,132.59 |
| Hanzhong New Hope Liuhe Farming Technology Co., Ltd |
19,924,160.59 |
-75,839.41 |
| Quzhou New Hope Liuhe Feed Co., Ltd |
-17,704.81 |
-17,704.81 |
| Qingzhou New Hope Feed Co., Ltd |
|
|
| Sishui New Hope Yuwang Technology Co., Ltd |
5,000,000.00 |
|
| Yanggu Anputai Biotechnology Co. Ltd |
4,487,854.99 |
-512,145.01 |
| Qingdao New Hope Liuhe Training Base Co., Ltd |
4,989,564.96 |
-10,435.04 |
| Guanling Xinmu Breeding Co., Ltd |
90,924,875.12 |
-9,075,124.88 |
| Qingdao Yifengda Livestock & Poultry Breeding Co., Ltd |
4,008,415.13 |
8,415.13 |
| Heishan Qingwang Meat Duck Breeding Co. Ltd |
1,000,643.05 |
643.05 |
| Dezhou Xinying Livestock & Poultry Breeding Co., Ltd |
5,621,083.88 |
-378,916.12 |
| Shouguang Qihang Animal Husbandry Co., Ltd |
|
|
| Handan Henong Livestock & Poultry Breeding Co., Ltd |
944,083.94 |
-55,916.06 |
| Changyi Leihang Livestock Co. Ltd |
-47,480.19 |
-47,480.19 |
| Liquan New Hope Liuhe Farming Co., Ltd |
10,025,447.91 |
25,447.91 |
| Zibo Xinmu Mechanical Technology Co., Ltd |
-584,108.60 |
-584,108.60 |
| Feixian Fusheng Breeding Co., Ltd |
624,641.01 |
-75,358.99 |
| Shandong Xiangsheng Livestock & Poultry Breeding Co., Ltd |
-19,758.00 |
-19,758.00 |
| Xintai New Hope Feed Co., Ltd |
|
|
| Shandong Xiangtai Livestock & Poultry Breeding Co., Ltd |
581.67 |
581.67 |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
308,259,581.56 |
-191,740,418.44 |
| Qingdao Xinmu Zhihe Technology Co., Ltd |
460,094,482.34 |
-1,105,517.66 |
| Hanshan Xinyue Farming Technology Co., Ltd |
|
|
| Longquan Xinyue Farming Technology Co., Ltd |
|
|
| Xiangyang Xinyue Farming Co., Ltd |
|
|
| Rizhao Qinyijia Eco-agriculture Development Co., Ltd |
9,708,724.80 |
-291,275.20 |
| Ruzhou New Hope Liuhe Feed Co., Ltd |
|
|
| Gongqingcheng Huahan New Hope Investment Management Partnership (LP) |
397,896,985.45 |
|
| Changshan New Hope Liuhe Farming Co., Ltd |
|
|
Note: the blanks in the above table are data unavailable.
(2) Subsidiaries deregistered in the current period
| Name of subsidiary |
Net assets at the date deregistered |
Net profits from beginning of the period to date deregistered |
|---|
| Yangjiang New Hope Liuhe Feed Co., Ltd |
-195.00 |
-814.61 |
| Kitchen Pioneer Management Consulting (Beijing) Co., Ltd |
|
|
| Yishui Xinhe Livestock & Poultry Breeding Co., Ltd |
1,283,547.29 |
-251,500.12 |
| Xianning Xinhao Farming Co., Ltd |
|
|
| Zaoyang Liuhe Feed Co., Ltd |
-9,248,194.25 |
|
| Shenyang Liuhe Bofeng Feed Co., Ltd |
|
-265,656.74 |
| Liaoyang Liuhe Bofeng Feed Co., Ltd |
|
-21,109.58 |
| Tangshan Liuhe Feed Co., Ltd |
-2,350,000.00 |
179,056.99 |
| Pingdu Liuhe Hengli Feed Co., Ltd |
19,072,719.83 |
1,500.00 |
| Shanghai Yijiuyi International Trade Co., Ltd |
|
|
| Yishui Xinliu Breeding Co., Ltd |
|
|
| New Hope Liuhe Investment (US) Inc. |
-238,714,245.96 |
13,613,568.64 |
| Dezhou Shangyu Down Products Co., Ltd |
|
12,721,026.73 |
Note: the blanks in the above table are data unavailable.
IX. Equities in other entities
1. Equities in subsidiaries
(1) Composition of business group
| Name of subsidiary |
Principal place of business |
Place of registration |
Nature of business |
Shareholding ratio |
Way of acquisition |
|---|
| Direct |
Indirect |
|---|
| Shandong New Hope Liuhe Group Co., Ltd |
Qingdao, Shandong |
Qingdao, Shandong |
Feeds, veterinary drugs |
86.73% |
|
Business combination under common control |
| New Hope Liuhe Feed Co., Ltd |
Qingdao, Shandong |
Qingdao, Shandong |
Feed production and sale |
24.00% |
76.00% |
Business combination under common control |
| Sichuan New Hope Liuhe Farming Co., Ltd |
Chengdu, Sichuan |
Chengdu, Sichuan |
Feed sale, investment |
100.00% |
|
Business combination under common control |
| New Hope Singapore Pte. Ltd |
Singapore |
Singapore |
Trade, investment |
100.00% |
|
Established by investment |
| New Hope International Holdings (Pte) Ltd |
Singapore |
Singapore |
Trade, investment |
100.00% |
|
Established by investment |
| Tibet Xinhao Technology Co., Ltd |
Lhasa, Tibet |
Lhasa, Tibet |
Livestock breeding, investment |
100.00% |
|
Established by investment |
| New Hope Liuhe Food Holdings Co., |
Chengdu, |
Lhasa, Tibet |
Investment, R&D |
100.00% |
|
Established by |
| Ltd |
Sichuan |
|
|
|
|
investment |
| Yangling Besun Agricultural Industry Group Co., Ltd |
Yangling, Shaanxi |
Yangling, Shaanxi |
Livestock breeding, slaughtering |
73.56% |
|
Business combination not under common control |
| Guanghan Guoxiong Feed Co., Ltd |
Guanghan, Sichuan |
Guanghan, Sichuan |
Feed production and sale |
100.00% |
|
Established by investment |
| Ermeishan New Hope Liuhe Feed Co., Ltd |
Ermeishan, Sichuan |
Ermeishan, Sichuan |
Feed production and sale |
100.00% |
|
Established by investment |
| Guangyuan New Hope Liuhe Farming Technology Co., Ltd |
Guangyuan, Sichuan |
Guangyuan, Sichuan |
Livestock breeding |
100.00% |
|
Established by investment |
| Mianyang New Hope Liuhe Farming Technology Co., Ltd |
Mianyang, Sichuan |
Mianyang, Sichuan |
Feed production and sale |
100.00% |
|
Established by investment |
| Chongqing Tongliang New Hope Liuhe Farming Technology Co., Ltd |
Tongliang, Chongqing |
Tongliang, Chongqing |
Feed production and sale |
100.00% |
|
Established by investment |
| Wulong New Hope Liuhe Feed Co., Ltd |
Wulong, Chongqing |
Wulong, Chongqing |
Feed production and sale |
100.00% |
|
Established by investment |
| Kunming New Hope Agricultural Technology Co., Ltd |
Kunming, Yunnan |
Kunming, Yunnan |
Feed production and sale |
100.00% |
|
Established by investment |
| Qujing Guoxiong Feed Co., Ltd |
Qujing, Yunnan |
Qujing, Yunnan |
Feed production and sale |
90.00% |
10.00% |
Business combination under common control |
| Mangshi New Hope Farming Technology Co., Ltd |
Dehong Prefecture, Yunnan |
Dehong Prefecture, Yunnan |
Feed production and sale |
100.00% |
|
Established by investment |
| Kunming New Hope Animal Nutritious Food Co., Ltd |
Kunming, Yunnan |
Kunming, Yunnan |
Feed production and sale |
100.00% |
|
Established by investment |
| Zunyi Jiahao Feed Co., Ltd |
Zunyi, Guizhou |
Zunyi, Guizhou |
Feed production and sale |
100.00% |
|
Business combination under common control |
| Zunyi New Hope Liuhe Agricultural Technology Co., Ltd |
Zunyi, Guizhou |
Zunyi, Guizhou |
Feed production and sale |
100.00% |
|
Established by investment |
| Hainan New Hope Agriculture Co., Ltd |
Haikou, Hainan |
Haikou, Hainan |
Livestock breeding |
100.00% |
|
Established by investment |
| Taizhou New Hope Agriculture Co., Ltd |
Taizhou, Jiangsu |
Taizhou, Jiangsu |
Feed production and sale |
100.00% |
|
Established by investment |
| Lhasa New Hope Industrial Co., Ltd |
Lhasa, Tibet |
Lhasa, Tibet |
Feed production and sale |
55.00% |
|
Established by investment |
| Beijing New Hope Farming Technology Co., Ltd |
Beijing |
Beijing |
Feed production and sale |
75.00% |
25.00% |
Established by investment |
| Hebei New Hope Feed Co., Ltd |
Xinji, Hebei |
Xinji, Hebei |
Feed production and sale |
100.00% |
|
Established by investment |
| Baoji New Hope Farming Co., Ltd |
Baoji, Shaanxi |
Baoji, Shaanxi |
Feed production and sale |
100.00% |
|
Established by investment |
| Sanyuan New Hope Feed Co., Ltd |
Xianyang, Shaanxi |
Xianyang, Shaanxi |
Feed production and sale |
100.00% |
|
Established by investment |
| Wuzhou New Hope Liuhe Feed Co., Ltd |
Wuzhou, Guangxi |
Wuzhou, Guangxi |
Feed production and sale |
100.00% |
|
Established by investment |
| Guangxi New Hope Liuhe Breeding Co., Ltd |
Nanning, Guangxi |
Nanning, Guangxi |
Livestock breeding |
100.00% |
|
Established by investment |
| Yongzhou New Hope Liuhe Feed Co., Ltd |
Yongzhou, Hunan |
Yongzhou, Hunan |
Feed production and sale |
100.00% |
|
Established by investment |
| Huaihua New Hope Liuhe Feed Co., Ltd |
Huaihua, Hunan |
Huaihua, Hunan |
Feed production and sale |
100.00% |
|
Established by investment |
| Huanggang New Hope Feed Technology Co., Ltd |
Huanggang, Hubei |
Huanggang, Hubei |
Feed production and sale |
100.00% |
|
Established by investment |
| Yingtan New Hope Feed Co., Ltd |
Yingtan, Jiangxi |
Yingtan, Jiangxi |
Feed production and sale |
100.00% |
|
Established by investment |
| Ningxia New Hope Ruminant Animal Nutritious Food Co., Ltd |
Qingtongxia, Ningxia |
Qingtongxia, Ningxia |
Feed production and sale |
100.00% |
|
Established by investment |
| Xiangyang New Hope Liuhe Feed Co., Ltd |
Xiangyang, Hubei |
Xiangyang, Hubei |
Feed production and sale |
100.00% |
|
Established by investment |
| Guangzhou Liuhe Feed Co., Ltd |
Guangzhou, Guangdong |
Guangzhou, Guangdong |
Feed production and sale |
61.00% |
|
Established by investment |
| Sichuan Xinle Plastics Co., Ltd |
Ermeishan, Sichuan |
Ermeishan, Sichuan |
Production and sale of woven bags |
100.00% |
|
Established by investment |
| Jiangsu Tiancheng Healthcare Products Co., Ltd |
Haian, Jiangsu |
Haian, Jiangsu |
Production and sale of additives |
51.00% |
|
Established by investment |
| Beijing Xindaolu Agricultural Technology Co., Ltd |
Beijing |
Beijing |
Consulting management |
100.00% |
|
Established by investment |
| Hebei New Hope Farming Co., Ltd |
Chengde, Hebei |
Chengde, Hebei |
Livestock breeding |
100.00% |
|
Established by investment |
| Yunnan New Hope Liuhe Breeding Co., Ltd |
Kunming, Yunnan |
Kunming, Yunnan |
Livestock breeding |
100.00% |
|
Established by investment |
| Tibet Linzhi New Hope Liuhe Breeding Co., Ltd |
Linzhi, Tibet |
Linzhi, Tibet |
Livestock breeding |
60.00% |
|
Established by investment |
| Shandong Qinwang Breeding Consulting Co., Ltd |
Qingdao, Shandong |
Qingdao, Shandong |
Consulting, services |
80.00% |
|
Business combination not under common control |
| Qingdao Feidake Food Technology Co., Ltd |
Qingdao, Shandong |
Qingdao, Shandong |
Investment |
70.00% |
|
Established by investment |
| Qingdao Xinhang Engineering Management Co., Ltd |
Qingdao, Shandong |
Qingdao, Shandong |
Engineering project management |
100.00% |
|
Established by investment |
| Golden Oak Investment Holdings (Tianjin) Co., Ltd |
Tianjin |
Tianjin |
Trade |
100.00% |
|
Established by investment |
| Tianjin Dingcheng Zhizi Investment Co., Ltd |
Tianjin |
Tianjin |
Investment |
100.00% |
|
Established by investment |
| New Hope Liuhe Investment Co., Ltd |
Shanghai |
Lhasa, Tibet |
Investment |
75.00% |
|
Established by investment |
| Santai New Hope Farming Financing Guarantee Co., Ltd |
Mianyang, Sichuan |
Mianyang, Sichuan |
Guarantee |
100.00% |
|
Established by investment |
| Chengdu Fenglan Technology Co., Ltd |
Chengdu, Sichuan |
Chengdu, Sichuan |
Production and sale of additives |
75.00% |
|
Business combination not under common control |
| Wuhan Liuhe Food Co., Ltd |
Xiaogan, Hubei |
Xiaogan, Hubei |
Processing and sale of poultry |
|
55.00% |
Established by investment |
| Sichuan New Hope Liuhe Technological Innovation Co., Ltd |
Chengdu, Sichuan |
Chengdu, Sichuan |
Testing, consulting |
100.00% |
|
Established by investment |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
Chengdu, Sichuan |
Chengdu, Sichuan |
Purchase and sale of feed ingredients |
100.00% |
|
Established by investment |
| Qingdao Xinmu Zhihe Technology Co., Ltd |
Qingdao, Shandong |
Qingdao, Shandong |
Manufacture and sale of machinery |
20.00% |
80.00% |
Established by investment |
Remarks on shareholding ratio in subsidiary different from the ratio of voting power:
Basis of control of investee while holding half or less of voting power and of non-control of investee while holding half or more of voting power:
Basis of control for important structured entities included in the scope of consolidation:
Basis of determining whether the company is agent or principal:
Other remarks:
Apart from the aforesaid subsidiaries, the company has 703 subsidiaries indirectly controlled by it, which are mainly distributed in 30 Chinese provinces and municipalities, Southeast Asian countries and South Africa, dealing with feed production, breeding and slaughtering, etc.
(2) Important non-wholly-owned subsidiaries
Unit: yuan
| Name of subsidiary |
Shareholding ratio of minority shareholders |
Current profit and loss attributable to minority shareholders |
Current dividends declared and distributed to minority shareholders |
Ending balance of equities of minority shareholders |
|---|
| New Hope Liuhe Investment Co., Ltd |
25.00% |
337,935,842.96 |
80,000,000.00 |
4,945,902,149.08 |
| Shandong New Hope Liuhe Group Co., Ltd |
13.27% |
|
|
810,984,126.96 |
Remarks on shareholding ratio of minority shareholders in subsidiaries different from ratio of voting power:
Other remarks:
(3) Key financial information of important non-wholly-owned subsidiaries
Unit: yuan
| Name of subsidiary |
Ending balance |
|---|
| Current assets |
Noncurrent assets |
Total assets |
Current liabilities |
Noncurrent liabilities |
Total liabilities |
|---|
| New Hope Liuhe Investment Co., Ltd |
9,913,500.93 |
19,773,695,095.38 |
19,783,608,596.31 |
|
|
|
| Shandong New Hope Liuhe Group Co., Ltd |
15,163,206,598.40 |
6,446,558,675.96 |
21,609,765,274.36 |
12,090,024,454.13 |
2,532,506,862.88 |
14,622,531,317.01 |
| Name of subsidiary |
Beginning balance |
|---|
| Current assets |
Noncurrent assets |
Total assets |
Current liabilities |
Noncurrent liabilities |
Total liabilities |
|---|
| New Hope Liuhe Investment Co., Ltd |
8,381,709.63 |
19,268,359,126.86 |
19,276,740,836.49 |
355,000,000.00 |
|
355,000,000.00 |
| Shandong New Hope Liuhe Group Co., Ltd |
9,044,895,472.64 |
5,327,449,291.10 |
14,372,344,763.74 |
9,729,093,921.19 |
1,788,874,573.15 |
11,517,968,494.34 |
Unit: yuan
| Name of subsidiary |
Current amount incurred |
|---|
| Business revenue |
Net profits |
Total comprehensive income |
Cash flows from operating activities |
|---|
| New Hope Liuhe Investment Co., Ltd |
|
1,351,743,371.82 |
1,181,533,687.82 |
615,333.97 |
| Shandong New Hope Liuhe Group Co., Ltd |
51,916,668,639.57 |
287,846,022.74 |
286,917,205.68 |
-1,049,007,570.55 |
| Name of subsidiary |
Prior-period amount incurred |
|---|
| Business revenue |
Net profits |
Total comprehensive income |
Cash flows from operating activities |
|---|
| New Hope Liuhe Investment Co., Ltd |
|
2,251,670,837.94 |
2,281,277,968.94 |
-5,319,732.73 |
| Shandong New Hope Liuhe Group Co., Ltd |
39,324,229,040.42 |
1,055,693,862.03 |
1,056,022,234.66 |
-2,669,490,602.97 |
：
(4)Significant restrictions on use of assets of business group and satisfaction of debts of business group
None
(5) Financial or other support provided to structured entities included in the scope of consolidated financial statements
None
Other remarks:
2. Transactions in which the company’s share of ownership interest in a subsidiary changes and the company still controls the subsidiary
(1) Remarks on changes in share of ownership interest of subsidiary
The share of ownership interest (shareholding ratio) of the company and its subsidiaries in some of respective subsidiaries changed in this year, with the changes in such shareholding ratio and the effects thereof on the control of the company as follows:
| Name of subsidiary |
Shareholding ratio before change (%) |
Shareholding ratio after change (%) |
Whether the shareholding ratio changes resulted in loss of control of the company |
Date of equity purchase |
|---|
| Direct shareholding |
Indirect shareholding |
Direct shareholding |
Indirect shareholding |
|---|
| Yangling Besun Agricultural Industry Group Co., Ltd |
70.00 |
|
100.00 |
|
No |
August 2020 |
| Yangling Besun Agricultural Industry Group Co., Ltd |
100.00 |
|
73.56 |
|
No |
December 2020 |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
|
99.00 |
|
100.00 |
No |
July 2020 |
| Liaoning Xinwang Techonlogy Co., Ltd |
|
100.00 |
|
76.71 |
No |
May 2020 |
| Kangping Xinwang Farming Co., Ltd |
|
100.00 |
|
76.92 |
No |
May 2020 |
| Xuwen Xinhao Farming Co., Ltd |
|
100.00 |
|
63.36 |
No |
December 2020 |
| Shandong New Hope Liuhe Group Co., Ltd |
100.00 |
|
86.73 |
|
No |
December 2020 |
| Qixia Xianghe Breeding Co., Ltd |
|
87.50 |
|
100.00 |
No |
August 2020 |
| Jinan New Hope Liuhe Feed Co., Ltd |
|
65.00 |
|
100.00 |
No |
March 2020 |
| Tangshan Liuhe Feed Co., Ltd |
|
53.00 |
|
100.00 |
No |
April 2020 |
| Yichun Xinwang Farming Co., Ltd |
|
100.00 |
|
100.00 |
No |
September 2020 |
| Nanning Xinhao Farming Co., Ltd |
|
100.00 |
|
100.00 |
No |
December 2020 |
| Laixi New Hope Liuhe Farming Co., Ltd |
|
100.00 |
|
100.00 |
No |
December 2020 |
| Taian Xinchi Farming Co., Ltd |
|
100.00 |
|
100.00 |
No |
November 2020 |
| Jiexi New Hope Liuhe Breeding Co., Ltd |
|
100.00 |
|
100.00 |
No |
November 2020 |
| Panzhou Xinliu Farming Development Co., Ltd |
|
100.00 |
|
100.00 |
No |
December 2020 |
| Langzhong Xinliu Farming Technology Co., Ltd |
|
100.00 |
|
100.00 |
No |
December 2020 |
| Heyang Zhenghe Modern Farming Co., Ltd |
|
100.00 |
|
100.00 |
No |
December 2020 |
| Laiyang Xinmu Breeding Co., Ltd |
|
100.00 |
|
100.00 |
No |
December 2020 |
| Qingdao Xinmu Zhihe Technology Co., Ltd |
100.00 |
|
20.00 |
80.00 |
No |
December 2020 |
| Laibin Xinhao Farming Co., Ltd |
|
100.00 |
|
100.00 |
No |
December 2020 |
Note: the shareholding ratio of 100% to 100% in the above table is transfer of such subsidiary from a company directly or indirectly controlled by the company to another subsidiary directly or indirectly controlled by the company in which the company has a different equity ratio, resulting in changed capital reserve of the company due to the different equity ratios of the company before and after the equity change.
（2）Effect of transaction on minority interest and ownership interest attributable to parent company
Unit: yuan
|
Yangling Besun Agricultural Industry Group Co., Ltd |
Yangling Besun Agricultural Industry Group Co., Ltd |
Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
Liaoning Xinwang Techonlogy Co., Ltd |
Kangping Xinwang Farming Co., Ltd |
|---|
| Purchase cost/disposal consideration |
1,130,070,000.00 |
500,000,000.00 |
2,586,947.46 |
799,000,000.00 |
168,000,000.00 |
| -cash |
1,130,070,000.00 |
500,000,000.00 |
2,586,947.46 |
799,000,000.00 |
168,000,000.00 |
| Total purchase cost/disposal consideration |
1,130,070,000.00 |
500,000,000.00 |
2,586,947.46 |
799,000,000.00 |
168,000,000.00 |
| Minus: share of net assets in subsidiary calculated at the shareholding ratio acquired/disposed of |
327,088,601.12 |
512,200,668.83 |
-5,441.95 |
406,195,596.08 |
58,244,147.36 |
| Difference |
802,981,398.88 |
-12,200,668.83 |
2,592,389.41 |
392,804,403.92 |
109,755,852.64 |
| Wherein: capital reserve adjustment |
-802,981,398.88 |
-12,200,668.83 |
-2,592,389.41 |
392,804,403.92 |
109,755,852.64 |
|
Xuwen Xinhao Farming Co., Ltd |
Shandong New Hope Liuhe Group Co., Ltd |
Qixia Xianghe Breeding Co., Ltd |
Jinan New Hope Liuhe Feed Co., Ltd |
Tangshan Liuhe Feed Co., Ltd |
|---|
| Purchase cost/disposal consideration |
1,000,000,000.00 |
1,300,000,000.00 |
740,800.00 |
9,341,362.92 |
|
| -cash |
1,000,000,000.00 |
1,300,000,000.00 |
740,800.00 |
9,341,362.92 |
|
| Total purchase cost/disposal consideration |
1,000,000,000.00 |
1,300,000,000.00 |
740,800.00 |
9,341,362.92 |
|
| Minus: share of net assets in subsidiary calculated at the shareholding ratio acquired/disposed of |
796,985,696.18 |
810,984,126.94 |
-134,952.70 |
7,604,211.84 |
-1,188,656.79 |
| Difference |
203,014,303.82 |
489,015,873.06 |
875,752.70 |
1,737,151.08 |
1,188,656.79 |
| Wherein: capital reserve adjustment |
203,014,303.82 |
489,015,873.06 |
-875,752.70 |
-1,737,151.08 |
-1,188,656.79 |
|
Yichun Xinwang Farming Co., Ltd |
Nanning Xinhao Farming Co., Ltd |
Laixi New Hope Liuhe Farming Co., Ltd |
Taian Xinchi Farming Co., Ltd |
Jiexi New Hope Liuhe Breeding Co., Ltd |
Panzhou Xinliu Farming Development Co., Ltd |
| Purchase cost/disposal consideration |
|
|
|
|
|
|
| -cash |
|
|
|
|
|
|
| Total purchase cost/disposal consideration |
|
|
|
|
|
|
| Minus: share of net assets in subsidiary calculated at the shareholding ratio acquired/disposed of |
|
|
|
|
|
|
| Difference |
11,973,948.47 |
79,859,195.17 |
76,526,288.50 |
62,935,376.32 |
20,262,349.57 |
17,353,715.05 |
| Wherein: capital reserve |
11,973,948.47 |
79,859,195.17 |
76,526,288.50 |
62,935,376.32 |
20,262,349.57 |
17,353,715.05 |
| adjustment |
|
|
|
|
|
|
|
Langzhong Xinliu Farming Technology Co., Ltd |
Heyang Zhenghe Modern Farming Co., Ltd |
Laiyang Xinmu Breeding Co., Ltd |
Qingdao Xinmu Zhihe Technology Co., Ltd |
Laibin Xinhao Farming Co., Ltd |
| Purchase cost/disposal consideration |
|
|
|
|
|
| -cash |
|
|
|
|
|
| Total purchase cost/disposal consideration |
|
|
|
|
|
| Minus: share of net assets in subsidiary calculated at the shareholding ratio acquired/disposed of |
|
|
|
|
|
| Difference |
45,871,741.31 |
9,651,332.50 |
69,769,197.84 |
22,144,464.06 |
28,955,108.95 |
| Wherein: capital reserve adjustment |
45,871,741.31 |
9,651,332.50 |
69,769,197.84 |
22,144,464.06 |
28,955,108.95 |
3. Equities in joint ventures or affiliates
(1) Important joint ventures or affiliates
| Name of joint venture or affiliate |
Principal place of business |
Place of registration |
Nature of business |
Shareholding ratio |
Accounting treatment method for investments in joint ventures or affiliates |
|---|
| Direct |
Indirect |
|---|
| China Minsheng Bank |
Beijing |
Beijing |
Finance |
|
4.18% |
Equity method |
| New Hope Finance Co., Ltd |
Chengdu, Sichuan |
Chengdu, Sichuan |
Finance |
34.00% |
6.00% |
Equity method |
Remarks on shareholding ratio in joint ventures or affiliates different from voting power:
None.
Basis for holding less than 20% voting power but with significant influence or holding 20% or more voting power but without significant influence:
①Basis for holding less than 20% voting power but with significant influence:
A majority-owned subsidiary New Hope Liuhe Investment Co., Ltd holds 1,828,327,362 shares of stock in China Minsheng Bank, or a shareholding ratio of 4.1759%, in which director and actual controller of the company Mr. Liu Yonghao acts as a director; the company has the power to participate in financial and business decision making of China Minsheng Bank and this investment is accounted for under the equity method due to the company having significant influence over China Minsheng Bank.
②Basis for holding 20% or more voting power but without significant influence:
None.
(2) Key financial information of important affiliates
Unit: yuan
|
Ending balance/current amount incurred |
Beginning balance/prior amount incurred |
|---|
|
China Minsheng Bank |
New Hope Finance Co., Ltd |
China Minsheng Bank |
New Hope Finance Co., Ltd |
|---|
| Current assets |
746,048,000,000.00 |
9,991,550,544.66 |
755,036,000,000.00 |
9,003,610,802.43 |
| Noncurrent assets |
6,204,185,000,000.00 |
7,332,250,036.72 |
5,926,805,000,000.00 |
6,904,854,545.00 |
| Total assets |
6,950,233,000,000.00 |
17,323,800,581.38 |
6,681,841,000,000.00 |
15,908,465,347.43 |
| Current liabilities |
5,416,651,000,000.00 |
15,595,219,058.07 |
5,299,353,000,000.00 |
14,355,577,653.36 |
| Noncurrent liabilities |
992,334,000,000.00 |
|
851,659,000,000.00 |
|
| Total liabilities |
6,408,985,000,000.00 |
15,595,219,058.07 |
6,151,012,000,000.00 |
14,355,577,653.36 |
| Minority interest |
81,571,000,000.00 |
|
11,984,000,000.00 |
|
| Shareholder equity attributable to the parent company |
459,677,000,000.00 |
1,728,581,523.31 |
518,845,000,000.00 |
1,552,887,694.07 |
| Share of net assets calculated at shareholding ratio |
19,195,651,843.00 |
691,432,609.33 |
21,666,450,000.00 |
621,155,077.63 |
| Book value of equity investments in affiliates |
19,758,667,277.11 |
691,432,609.33 |
19,253,326,942.05 |
621,155,077.63 |
| Fair value of equity investments in affiliates for which there are public offers |
9,507,302,282.40 |
|
11,536,745,654.22 |
|
| Business revenue |
184,951,000,000.00 |
553,486,224.65 |
180,441,000,000.00 |
438,536,488.83 |
| Net profits |
35,102,000,000.00 |
175,693,829.24 |
54,924,000,000.00 |
141,902,586.76 |
| Other comprehensive income |
-4,284,000,000.00 |
|
668,000,000.00 |
|
| Total comprehensive income |
30,818,000,000.00 |
175,693,829.24 |
55,592,000,000.00 |
141,902,586.76 |
| Dividends received from affiliates in this year |
676,481,123.94 |
|
630,772,939.89 |
|
(4) Summary financial information of unimportant joint ventures and affiliates
Unit: yuan
|
Ending balance/current amount incurred |
Beginning balance/prior amount incurred |
|---|
| Joint ventures: |
-- |
-- |
|---|
| Total book value of investments |
1,842,863,674.25 |
722,959,446.14 |
| Total amount of each of the following items calculated by shareholding ratio |
-- |
-- |
| -net profits |
-20,650,091.89 |
-4,427,239.04 |
| -total comprehensive income |
-20,650,091.89 |
-4,427,239.04 |
| Affiliates: |
-- |
-- |
| Total book value of investments |
409,116,779.86 |
524,342,883.36 |
| Total amount of each of the following items calculated by shareholding ratio |
-- |
-- |
| -net profits |
99,096,738.98 |
78,550,779.03 |
| -total comprehensive income |
99,096,738.98 |
78,550,779.03 |
(5) Remarks on significant restrictions on the ability of joint ventures or affiliates to transfer funds to the company
There were no significant restrictions on the ability of joint ventures or affiliates to transfer funds to the company.
(6) Excess losses incurred by joint ventures or affiliates
Unit: yuan
| Name of joint venture or affiliate |
Accumulation of unrecognized prior accumulated losses |
Losses unrecognized in this period (or net profits shares in this period) |
Accumulated unrecognized losses at the end of this period |
|---|
| Nanjing Heda Food Co., Ltd |
-1,636,440.11 |
|
-1,636,440.11 |
| Taishan Jiaxin Logistics Co., Ltd |
-691,088.93 |
-226,510.13 |
-917,599.06 |
Other remarks
(7) Unrecognized commitments related to investments in joint ventures
The company had no unrecognized commitments related to investments in joint ventures.
(8) Contingent liabilities related to investments in joint ventures or affiliates
The company had no contingent liabilities related to investments in joint ventures or affiliates.
X. Risks related to financial instruments
The main financial instruments of the company include cash at bank and on hand, accounts receivable, notes receivable, interest receivable, dividends receivable, other receivables, other current assets, held-for-trading financial assets and available-for-sale financial assets, accounts payable, interest payable, notes payable, payroll payable, dividends payable, other payables, short-term borrowings, held-for-trading financial liabilities, noncurrent liabilities due within one year, other current liabilities, long-term borrowings, bonds payable and long-term payables. Details of various financial instruments have been disclosed in related notes. To reduce risks related to financial instruments, the company formulated corresponding risk management policies and set up corresponding jobs or functional departments in order to ensure its risk management objectives and policies are effectively carried out; the management manages and monitors these risk exposures to ensure the aforesaid risks are controlled within a specified scope.
(I). Credit risk
Credit risk refers to a risk that the non-performance by a party to the financial instrument of its obligations might cause financial risks to the other party. The company mainly faces customer credit risk resulting from credit sales. Before execution of a new contract, the company would assess the credit risk of the new customer, including external credit ratings and bank reference under certain circumstances (when such information is available). The company has set a credit sale limit for each customer, which is the maximum amount that requires no additional approval.
(II). Market risk
The market risk of financial instruments refer to the risk that the fair value or future cash flow of financial instruments might fluctuate as a result of changing market prices, including the exchange rate risk, interest rate risk etc.
1. Interest rate risk
The company mainly faces cash flow interest rate risk resulting from floating-rate financial liabilities.
(1) The floating-rate financial liabilities held by the company as of December 31 are as follows:
| Item |
2020 |
2019 |
|---|
| Effective interest rate |
Amount |
Effective interest rate |
Amount |
|---|
| Financial liabilities |
|
|
|
|
| Short-term borrowings |
0.98%-20.75% |
10,399,072,204.60 |
1.23%-6.00% |
13,620,562,405.56 |
| Long-term borrowings (including those due within one year) |
1.25%-4.75% |
24,884,469,449.27 |
3.75%-4.80% |
5,795,178,635.28 |
| Total |
|
35,283,541,653.87 |
|
19,415,741,040.84 |
（2） Sensitivity analysis
As of December 31, 2020, with other variables held constant, a 25 BP increase in interest rate will result in the company’s net profits and ownership interest decreased by 68,887,976.59 Yuan (2019: a decrease of 33,486,460.41 Yuan).
For the floating-rate non-derivative instruments held at the balance sheet date that cause the company to face cash flow interest rate risk, the effect of net profits and ownership interest in the aforesaid sensitivity analysis is after-tax effect of the aforesaid interest rate change on interest expense or revenue estimated by year. The analysis of the previous year was based on the same assumptions and method.
2. Foreign exchange risk
The company invests and operates in several Asian, African and European countries, with revenues all denominated in local currencies, but the fluctuations of the exchange rates between these currencies and RMB will affect the figures of overseas revenue and profits of the company. For cash at bank and on hand, receivables and payables, long-term and short-term borrowings and other foreign-currency assets and liabilities that are not denominated in accounting currency, if short-term imbalance occurs, the company will purchase and sell foreign currencies at market rates when necessary in order to ensure the net risk exposure is kept at an acceptable level.
(1) The items of foreign-currency assets and liabilities of the company as of December 31 were as follows: Out of consideration for presentation, the total amount of risk exposure is presented as RMB converted from foreign currencies at the spot exchange rate at the balance sheet date. The foreign currency statement translation difference is not included.
| Item |
2020 |
2019 |
|---|
| Balance of foreign currency |
Balance of RMB converted |
Balance of foreign currency |
Balance of RMB converted |
|---|
| Cash at bank and on hand |
|
|
|
|
| Wherein: USD |
4,472,063.99 |
29,179,770.33 |
930,329.86 |
6,490,167.17 |
| HKD |
|
|
1,611,156.91 |
1,443,274.36 |
| SGD |
402,655.42 |
1,985,654.94 |
|
|
| BDT |
|
|
918,760.16 |
75,662.96 |
| IDR |
6,643.07 |
3.07 |
|
|
| Accounts receivable |
|
|
|
|
| Wherein: USD |
|
|
282,326.80 |
1,969,568.22 |
| HKD |
|
|
26,721,810.98 |
23,937,398.28 |
| Other receivables |
|
|
|
|
| Wherein: HKD |
|
|
124,289.55 |
111,338.58 |
| SGD |
1,235.69 |
6,093.68 |
|
|
| Accounts payable |
|
|
|
|
| Wherein: USD |
2,332,168.88 |
15,217,168.73 |
33,450.00 |
233,353.89 |
| HKD |
|
|
7,096,180.73 |
6,356,758.70 |
| SGD |
378,970.42 |
1,868,854.73 |
|
|
| Other payables |
|
|
|
|
| Wherein: USD |
3,000.00 |
19,574.70 |
1,109,750.68 |
7,741,842.69 |
| SGD |
84,405.75 |
416,238.52 |
|
|
| Net amount of foreign-currency items of balance sheet |
|
|
|
|
| Wherein: USD |
2,136,895.11 |
13,943,026.90 |
69,455.98 |
484,538.81 |
| HKD |
|
|
21,361,076.71 |
19,135,252.52 |
| SGD |
-59,485.06 |
-293,344.63 |
|
|
| BDT |
|
|
918,760.16 |
75,662.96 |
| IDR |
6,643.07 |
3.07 |
|
|
(2) The analysis of RMB/foreign currency exchange rate applicable to the company is as follows:
| Item |
Average exchange rate in the reporting period |
Year-end central parity rate |
|---|
| 2020 |
2019 |
2020 |
2019 |
|---|
| USD |
6.9129 |
6.8897 |
6.5249 |
6.9762 |
| HKD |
|
0.8792 |
|
0.8958 |
| SGD |
5.0186 |
|
4.9314 |
|
| BDT |
|
0.08181271 |
|
0.08235333 |
| IDR |
0.00047404 |
|
0.00046264 |
|
（3） Sensitivity analysis
Assuming risk variables other than exchange rate remain unchanged, a 5% RMB appreciation due to changes in exchange rates of RMB and accounting currencies of overseas operating entities of the company versus USD, HKD, SGD, BDT and IDR as of December 31 will result in increase(decrease) in ownership interest and net profits as follows (considering 25% income tax). This effect is presented as RMB converted at the spot exchange rate at the balance sheet date:
| Item |
Ownership interest |
Net profits |
|---|
| December 31, 2020 |
|
|
| USD |
-522,863.51 |
-522,863.51 |
| SGD |
11,000.42 |
11,000.42 |
| IDR |
-0.12 |
-0.12 |
| Total |
-511,863.20 |
-511,863.20 |
| December 31, 2019 |
|
|
| USD |
-18,170.21 |
-18,170.21 |
| HKD |
-717,571.97 |
-717,571.97 |
| BDT |
-2,837.36 |
-2,837.36 |
| Total |
-738,579.54 |
-738,579.54 |
As of December 31, assuming variables remain unchanged, a 5% RMB depreciation due to changes in exchange rates of RMB and accounting currencies of overseas operating entities of the company versus USD, HKD, SGD, BDT and IDR as of December 31 will result in changes in ownership interest and net profits in the same amount as those presented in the above table but in the opposite direction.
The aforesaid sensitivity analysis is derived from re-measurement of financial instruments held by the group and facing exchange rate risk at the balance sheet date with the changed exchange rate, assuming the exchange rate changes at the balance sheet date. The aforesaid analysis doesn’t include foreign currency statement translation difference. The analysis of the previous year was based on the same assumptions and method.
3. Liquidity risk
Liquidity risk refers to a risk that a company might incur shortage of funds when performing its obligation to settle accounts by delivering cash or other financial assets. It is the policy of the company to ensure it has sufficient cash to repay the debts when due. The liquidity risk is centrally controlled by the company’s finance department. The finance department ensures the company has sufficient funds to repay its debts in all reasonably predicted circumstances by monitoring the cash balance and readily realizable valuable securities and through rolling forecast of cash flow in the next 12 months.
The remaining contract terms and the earliest dates of required payment of financial liabilities of the company at the balance sheet date by the undiscounted contractual cash flows (including interest calculated at contract interest rate
| Item |
Undiscounted contractual cash flows in 2020 |
Balance sheet date |
|---|
| Repayable within 1 year or on demand |
1 to 2 years |
2 to 5 years |
Over 5 years |
Total |
Book value |
|---|
| Short-term borrowings |
10,440,718,603.51 |
|
|
1 |
10,440,718,603.51 |
10,399,072,204.60 |
| Notes payable |
1,884,106,201.82 |
|
|
|
1,884,106,201.82 |
1,884,106,201.82 |
| Accounts payable |
8,215,467,451.85 |
|
|
|
8,215,467,451.85 |
8,215,467,451.85 |
| Other payables (excluding interest payable and dividends payable) |
4,438,591,253.16 |
|
|
|
4,438,591,253.16 |
4,438,591,253.16 |
| Other current liabilities |
1,021,900,000.00 |
|
|
|
1,021,900,000.00 |
1,013,537,500.00 |
| Long-term borrowings (including long-term borrowings due within one year) |
2,897,971,424.63 |
5,037,958,592.37 |
15,837,664,290.62 |
4,322,259,707.77 |
28,095,854,015.39 |
24,884,469,449.27 |
| Bonds payable (including bonds payable due within one year) |
74,699,432.54 |
72,400,953.65 |
2,102,808,582.82 |
969,243,180.03 |
3,219,152,149.04 |
2,871,809,807.79 |
| Long-term payables (including long-term payables due within one year) |
6,000,000.00 |
|
|
|
6,000,000.00 |
6,000,000.00 |
| Total |
28,979,454,367.51 |
5,110,359,546.02 |
17,940,472,873.44 |
5,291,502,887.80 |
57,321,789,674.77 |
53,713,053,868.49 |
| Item |
Undiscounted contractual cash flows in 2019 |
Balance sheet date |
|---|
| Repayable within 1 year or on demand |
1 to 2 years |
2 to 5 years |
Over 5 years |
Total |
Book value |
|---|
| Short-term borrowings |
13,813,565,080.44 |
|
|
|
13,813,565,080.44 |
13,620,562,405.56 |
| Notes payable |
546,413,194.42 |
|
|
|
546,413,194.42 |
546,413,194.42 |
| Accounts payable |
4,966,318,094.79 |
|
|
|
4,966,318,094.79 |
4,966,318,094.79 |
| Other payables (excluding interest payable and dividends payable) |
t 3,608,419,294.22 |
|
|
|
3,608,419,294.22 |
3,608,419,294.22 |
| Long-term borrowings (including long-term borrowings due within one year) |
1,082,246,851.08 |
1,657,878,379.12 |
3,030,627,455.33 |
866,847,024.19 |
6,637,599,709.72 |
5,795,178,635.28 |
| Long-term payables (including long-term payables due within one year) |
9,659,520.83 |
6,000,000.00 |
|
|
15,659,520.83 |
15,659,520.83 |
| Total |
24,026,622,035.78 |
1,663,878,379.12 |
3,030,627,455.33 |
866,847,024.19 |
29,587,974,894.42 |
28,552,551,145.10 |
the bonds payable are deemed as held to maturity without conversion into shares halfway.
XI. Disclosure of fair value
1. Ending fair value of assets and liabilities measured at fair value
Unit: yuan
| Item |
Ending fair value |
|---|
| Measurement of fair value at the level 1 |
Measurement of fair value at the level 2 |
Measurement of fair value at the level 3 |
Total |
|---|
| I. Continuous measurement of fair value |
-- |
-- |
-- |
-- |
|---|
| (I) Trading financial assets |
2,196,760.08 |
|
|
2,196,760.08 |
| 1. Financial assets at fair value through profit or loss |
2,196,760.08 |
|
|
2,196,760.08 |
| (3) Derivative financial assets |
2,196,760.08 |
|
|
2,196,760.08 |
| (III) Investments in other equity instruments |
|
|
320,276,827.48 |
320,276,827.48 |
| Total assets continuously measured at fair value |
2,196,760.08 |
|
320,276,827.48 |
322,473,587.56 |
| (VI) Held-for-trading financial liabilities |
16,850,229.73 |
|
|
16,850,229.73 |
| The derivative financial liabilities |
16,850,229.73 |
|
|
16,850,229.73 |
| Total liabilities continuously measured at fair value |
16,850,229.73 |
|
|
16,850,229.73 |
| II. Non-continuous measurement of fair value |
-- |
-- |
-- |
-- |
2. Basis for determination of market prices of continuous and non-continuous level 1 fair value measurement items
The derivative financial assets in the held-for-trading financial assets are futures contracts and interest rate swaps purchased, which are recognized based on the ending quotations provided by futures trading centers and others.
3、Qualitative and quantitative information about valuation techniques and important parameters used for continuous and non-continuous level 2 fair value measurement items
The other equity instrument investments of the company measured at the level 3 fair value are equities held by the company in unlisted companies. There were no significant changes to the operating environments, business condition and financial condition of investees, so the company measures at investment cost as the reasonable estimate of fair value.
4. For continuous fair value measurement items, the reasons for conversion and policy for determining the point of conversion in time in case of conversion among levels occurring within this period
XII. Related parties and related-party transactions
1. The parent company of the company
| Name of parent company |
Place of registration |
Nature of business |
Registered capital |
Shareholding ratio of the parent company in this company |
Ratio of voting power held by the parent company in this company |
|---|
| New Hope Group Co., Ltd |
Chengdu |
Management |
3,200,000,000.00 |
25.08% |
25.08% |
| South Hope Industrial Co., Ltd |
Lhasa, Tibet |
R&D, wholesale and retail |
1,034,313,700.00 |
29.49% |
29.49% |
Remarks on the parent company of this company
Note: The controlling shareholder of the largest shareholder of the company South Hope Industrial Co., Ltd is the second largest shareholder of the company New Hope Group Co., Ltd, so the controlling shareholder of the company is New Hope Group Co., Ltd, while the actual controller of New Hope Group Co., Ltd is Liu Yonghao, therefore the ultimate actual controller of the company is Liu Yonghao.
The ultimate controlling party of this company is New Hope Group Co., Ltd.
2. Subsidiaries of this company
The subsidiaries of this company are detailed in Note IX. 1 (1) “composition of the business group”.
3. Joint ventures and affiliates of this company
The important joint ventures and affiliates of this company are detailed in Note VII. 9 “long-term equity investments”.
Other joint ventures or affiliates that incurred related-party transactions with the company in the current period or formed balances out of previous related-party transactions with the company are detailed as follows:
| Name of joint venture or affiliate |
Relationship with this company |
| New Hope Finance Co., Ltd |
Affiliate |
| Qianxinan Hope Farming Co., Ltd |
Affiliate |
| Hebei Kinghey Sausage Casings Co., Ltd |
Affiliate |
| Shanghai Liuhe Qinqiang Food Co., Lt d |
Affiliate |
| Linyi Liuhe Lusheng Food Co., Ltd |
Affiliate |
| Qingdao Big Herdsman Machinery Co., Ltd |
Affiliate |
| Nanjing Heda Food Co., Ltd |
Affiliate |
| Shandong Hypor Liuhe Breeding Co., Ltd |
Affiliate |
| NHE (Beijing) Technology Co., Ltd |
Affiliate |
| Anhui Antai Agricultural Development Co., Ltd |
Affiliate |
| Anhui Xinqiao Down Co., Ltd |
Affiliate |
| Shanghai Dingyu Food Co., Ltd |
Affiliate |
| Zhejiang Youyi Food Co., Ltd |
Affiliate |
| Zhejiang Dingyu Food Co., Ltd |
Affiliate |
| Yan’an Xinyongxiang Technology Co., Ltd |
Joint venture |
| Beijing Meihao Meideling Food Co., Ltd |
Joint venture |
| Guangdong Hope No. 1 Equity Investment Partnreship (LP) |
Joint venture |
| Shenyang New Hope New Agricultural Industry Fund Partnership (LP) |
Joint venture |
Other remarks
Note: the equities held by subsidiaries of the company in Shanghai Dingyu Food Co., Ltd, Zhejiang Youyi Food Co., Ltd and Zhejiang Dingyu Food Co., Ltd were transferred in full to external parties in 2020, equities held by subsidiaries of the company in Linyi Liuhe Lusheng Food Co., Ltd were transferred in full to external parties in 2019, and subsidiaries of the company acquired shares held by minority shareholders in Xianyang Yongxiang Agricultural Technology Co., Ltd in 2019, which was changed to a wholly-owned subsidiary of the company.
4. Other related parties
| Names of other related parties |
Relationship between other related parties and this company |
| Sichuan New Hope Trade Co., Ltd |
A company controlled by the same actual controller |
| New Hope Group Co., Ltd and other majority-owned subsidiaries |
A company controlled by the same actual controller |
| Haurong Chemical Co., Ltd |
A company controlled by the same actual controller |
| Yunnan Xinlong Mineral Feed Co., Ltd |
A company controlled by the same actual controller |
| New Hope Chemical Investment Co., Ltd and other majority-owned subsidiaries |
A company controlled by the same actual controller |
| Luliang New Hope Xuelan Cow Breeding Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Yunnan New Hope Diequan Livestock Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Yunnan New Hope Xuelan Livestock Technology Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Shilin New Hope Xuelan Livestock Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Sichuan New Hope Huaxi Livestock Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Sichuan New Hope Cow Breeding Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| New Hope Huinong(Tianjin) Technology Co., Ltd |
A company controlled by the same actual controller |
| Wuzhong New Hope Livestock Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Jingyuan New Hope Livestock Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Sichuan Xinhuaxi Dairy Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Haiyuan New Hope Livestock Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| Shandong Weipin Livestock Co., Ltd |
A company controlled by persons acting in concert with the ultimate controller |
| New Hope Dairy Co., Ltd and other majority-owned subsidiaries |
A company controlled by persons acting in concert with the ultimate controller |
| Sichuan Huaxi Guoxing Real Estate Co., Ltd |
A company controlled by the same actual controller |
| Sichuan Xinshi Zhuyi Catering Services Co., Ltd |
A company controlled by the same actual controller |
| New Hope Property Service Group Co., Ltd |
A company controlled by the same actual controller |
| Sichuan Xingong Shengfei Construction Engineering Co., Ltd |
A company controlled by the same actual controller |
| Sichuan New Hope Real Estate Development Co., Ltd and other majority-owned subsidiaries |
A company controlled by the same actual controller |
| Beijing Porridge Jiahe Restaurant Management Co., Ltd |
A company controlled by an affiliate of the controlling shareholder |
| Fresh Life Cold Chain Logistics Co., Ltd |
A company controlled by the same actual controller |
| Chengdu Fresh Life Cold Chain Logistics Co., Ltd |
A company controlled by the same actual controller |
| Hebei Fresh Life Cold Chain Logistics Co., Ltd |
A company controlled by the same actual controller |
| Beijing Xinrong Fresh Life Supply Chain Management Co., Ltd |
A company controlled by the same actual controller |
| Shenyang Xiantianshun Supply Chain Management Co., Ltd |
A company controlled by the same actual controller |
| Qingdao Fresh Life Technology Service Co., Ltd |
A company controlled by the same actual controller |
| Sichuan Xinrong Nutrition Technology Co., Ltd and its majority-owned subsidiaries |
A company controlled by the same actual controller |
| Sichuan Yunlizhi Technology Co., Ltd and its majority-owned subsidiaries |
A company controlled by the same actual controller |
| Sichuan Chuanwazi Food Co., Ltd |
A company controlled by the same actual controller |
| Sichuan Sanlejiang New Health Commerce Co., Ltd |
A company controlled by the same actual controller |
| Grass Green Group Co., Ltd and other majority-owned subsidiaries |
A company controlled by the same actual controller |
| New Hope Investment Group Co., Ltd and its subsidiaries |
A company controlled by the same actual controller |
| Guizhou Dingwang Energy Co., Ltd and other majority-owned subsidiaries |
A company controlled by the same actual controller |
| Guizhou Shiji Huading Energy Investment Co., Ltd and other majority-owned subsidiaries |
A company controlled by the same actual controller |
| Hangzhou Zhongyi Eco-Environmental Engineering Co. Ltd |
A company controlled by the same actual controller |
| Zhejiang Shuimei Environmental Protection Engineering Co., Ltd |
A company controlled by the same actual controller |
| Hangzhou Xingyuan Environmental Protection Equipment Co., Ltd |
A company controlled by the same actual controller |
| Zhejiang Yuantai Environmental Technology Service Co., Ltd |
A company controlled by the same actual controller |
Other remarks
Note: Huarong Chemical Co., Ltd was formerly known as Chengdu Huarong Chemical Co., Ltd, while New Hope Property Service Group Co., Ltd was formerly known as Sichuan Dingsheng Property Service Group Co., Ltd.
5. Related-party transactions
(1) Related-party transactions of purchase and sale of goods and provision and receipt of services
Statement of purchase of goods/receipt of services
Unit: yuan
| Related party |
Content of related-party transaction |
Current amount incurred |
Transaction limit approved |
Whether the transaction limit was exceeded |
Prior-period amount incurred |
|---|
| Sichuan New Hope Trade Co., Ltd |
Purchase of goods |
2,568,937.17 |
5,000,000.00 |
No |
3,236,450.13 |
| South Hope Industrial Co., Ltd and other majority-owned subsidiaries |
Purchase of goods |
|
|
|
117,100.68 |
| New Hope Dairy Co., Ltd and other majority-owned subsidiaries |
Purchase of goods |
2,251,122.03 |
6,000,000.00 |
No |
2,765,748.35 |
| Beijing Porridge Jiahe Restaurant Management Co., Ltd |
Purchase of goods |
6,618,166.57 |
25,000,000.00 |
No |
11,583,818.74 |
| Shanghai Liuhe Qinqiang Food Co., Lt d |
Purchase of goods |
1,431,246.92 |
|
|
12,495,446.20 |
| Linyi Liuhe Lusheng Food Co., Ltd |
Purchase of goods |
|
|
|
2,902,630.73 |
| Shandong Hypor Liuhe Breeding Co., Ltd |
Purchase of goods |
34,066,286.30 |
|
|
13,410,534.00 |
| Qingdao Big Herdsman Machinery Co., Ltd |
Purchase of goods |
1,068,650,893.68 |
|
|
543,184,609.79 |
| Anhui Antai Agricultural Development Co., Ltd |
Purchase of goods |
5,407,250.00 |
|
|
16,826,138.50 |
| Xianyang Yongxiang Agricultural Technology Co., Ltd |
Purchase of goods |
|
|
|
9,456,639.11 |
| Grass Green Group Co., Ltd and other |
Purchase of goods |
2,335,086.89 |
5,000,000.00 |
No |
580,444.64 |
| majority-owned subsidiaries |
|
|
|
|
|
| Sichuan New Hope Dairy Co., Ltd |
Purchase of goods |
3,691,864.51 |
20,000,000.00 |
No |
12,397,933.29 |
| Beijing Meihao Meideling Food Co., Ltd |
Purchase of goods |
18,072,164.04 |
|
|
|
| Yan’an Xinyongxiang Technology Co., Ltd |
Purchase of goods |
20,881,347.93 |
|
|
|
| Haurong Chemical Co., Ltd |
Purchase of goods |
358,300.00 |
5,000,000.00 |
No |
236,000.00 |
| New Hope Chemical Investment Co., Ltd and other majority-owned subsidiaries |
Purchase of goods |
1,256,903.70 |
|
|
|
| Yunnan Xinlong Mineral Feed Co., Ltd |
Purchase of goods |
3,092,756.17 |
5,000,000.00 |
No |
|
| Sichuan Xinrong Nutrition Technology Co., Ltd and its majority-owned subsidiaries |
Purchase of goods |
76,809,995.67 |
66,000,000.00 |
Yes |
|
| Hangzhou Xingyuan Environmental Protection Equipment Co., Ltd |
Purchase of goods |
77,613,147.67 |
100,000,000.00 |
No |
|
| Sichuan New Hope Real Estate Development Co., Ltd and other majority-owned subsidiaries |
Purchase of goods |
662,833.32 |
|
|
|
| New Hope Property Service Group Co., Ltd |
Property management, etc. |
3,380,851.34 |
7,000,000.00 |
No |
3,285,401.07 |
| Sichuan Xinshi Zhuyi Catering Services Co., Ltd |
Catering services |
2,480,071.50 |
6,000,000.00 |
No |
|
| Fresh Life Cold Chain Logistics Co., Ltd |
Cold chain transport services |
|
2,500,000.00 |
No |
2,728,683.85 |
| Chengdu Fresh Life Cold Chain Logistics Co., Ltd |
Cold chain transport services |
19,846,233.88 |
12,000,000.00 |
Yes |
12,889,046.27 |
| Hebei Fresh Life Cold Chain Logistics Co., Ltd |
Cold chain transport services |
7,206,275.52 |
6,200,000.00 |
Yes |
15,368.21 |
| Beijing Xinrong Fresh Life Supply Chain Management Co., Ltd |
Cold chain transport services |
19,735,687.22 |
18,000,000.00 |
Yes |
16,575,327.57 |
| Shenyang Xiantianshun Supply Chain Management Co., Ltd |
Cold chain transport services |
1,891,444.71 |
5,000,000.00 |
No |
4,361,969.59 |
| Qingdao Fresh Life Technology Service Co., Ltd |
Cold chain transport services |
209,371,677.24 |
170,000,000.00 |
Yes |
127,018,114.97 |
| Sichuan Yunlizhi Technology Co., Ltd and its majority-owned subsidiaries |
Cold chain transport services |
10,216,976.54 |
40,000,000.00 |
No |
|
| Grass Green Group Co., Ltd and other majority-owned subsidiaries |
Cold chain transport services |
720,087.05 |
5,000,000.00 |
No |
345,444.08 |
| Sichuan Xingong Shengfei Construction Engineering Co., Ltd |
Engineering construction services |
91,937,490.00 |
1,320,000,000.00 |
No |
|
| Hangzhou Zhongyi Eco-Environmental Engineering Co. Ltd |
Engineering construction services |
898,808,063.93 |
1,300,000,000.00 |
No |
|
| Zhejiang Shuimei Environmental Protection Engineering Co., Ltd |
Engineering construction services |
51,740,761.48 |
100,000,000.00 |
No |
|
| Zhejiang Yuantai Environmental Technology Service Co., Ltd |
Engineering construction services |
58,787,881.20 |
1,000,000,000.00 |
No |
|
| Total |
|
2,701,891,804.18 |
4,228,700,000.00 |
|
796,412,849.77 |
Statement of goods sold/services provided
Unit: yuan
| Related party |
Content of related-party transaction |
Current amount incurred |
Prior-period amount incurred |
|---|
| New Hope Chemical Investment Co., Ltd and other majority-owned subsidiaries |
Sale of goods |
6,994,737.30 |
49,094.86 |
| Sichuan New Hope Trade Co., Ltd |
Sale of goods |
|
8,666.33 |
| South Hope Industrial Co., Ltd and its majority-owned subsidiaries |
Sale of goods |
1,645,450.61 |
1,669,870.28 |
| Luliang New Hope Xuelan Cow Breeding Co., Ltd |
Sale of goods |
957,266.44 |
5,695,540.96 |
| Yunnan New Hope Diequan Livestock Co., Ltd |
Sale of goods |
339,549.36 |
3,726,675.87 |
| Yunnan New Hope Xuelan Livestock Technology Co., Ltd |
Sale of goods |
16,916,292.64 |
8,167,713.00 |
| Shilin New Hope Xuelan Livestock Co., Ltd |
Sale of goods |
16,359,679.72 |
10,702,063.86 |
| Sichuan New Hope Huaxi Livestock Co., Ltd |
Sale of goods |
5,993,827.94 |
4,103,881.66 |
| Jingyuan New Hope Livestock Co., Ltd |
Sale of goods |
11,258,986.98 |
12,768,090.91 |
| Wuzhong New Hope Livestock Co., Ltd |
Sale of goods |
1,408,457.12 |
10,087,031.61 |
| Shandong Weipin Livestock Co., Ltd |
Sale of goods |
2,337,438.48 |
2,879,872.98 |
| New Hope Dairy Co., Ltd and other majority-owned subsidiaries |
Sale of goods |
406,841.46 |
771,187.19 |
| Hebei Kinghey Sausage Casings Co., Ltd |
Sale of goods |
44,372,459.80 |
49,973,442.78 |
| Anhui Antai Agricultural Development Co., Ltd |
Sale of goods |
35,470,793.48 |
51,674,097.13 |
| Sichuan New Hope Real Estate Development Co., Ltd and other majority-owned subsidiaries |
Sale of goods |
956,995.46 |
1,205,188.57 |
| New Hope Group Co., Ltd |
Sale of goods |
32,484.33 |
836,369.81 |
| New Hope Finance Co., Ltd |
Sale of goods |
2,789.38 |
743.36 |
| Qianxinan Hope Farming Co., Ltd |
Sale of goods |
28,743.36 |
9,527.15 |
| Anhui Xinqiao Down Co., Ltd |
Sale of goods |
125,992,132.85 |
135,446,211.89 |
| Xianyang Yongxiang Agricultural Technology Co., Ltd |
Sale of goods |
|
10,403,047.46 |
| Shanghai Liuhe Qinqiang Food Co., Lt d |
Sale of goods |
722,866,274.83 |
662,281,922.11 |
| Linyi Liuhe Lusheng Food Co., Ltd |
Sale of goods |
|
545,178.29 |
| Shanghai Dingyu Food Co., Ltd |
Sale of goods |
14,212,560.62 |
2,238,926.73 |
| Zhejiang Dingyu Food Co., Ltd |
Sale of goods |
7,703,117.39 |
1,243,622.16 |
| Grass Green Group Co., Ltd and other majority-owned subsidiaries |
Sale of goods |
14,289,688.48 |
18,860.56 |
| Shandong Hypor Liuhe Breeding Co., Ltd |
Sale of goods |
8,996,242.95 |
1,920,668.90 |
| Beijing Porridge Jiahe Restaurant Management Co., Ltd |
Sale of goods |
28,387,897.76 |
59,267,379.30 |
| New Hope Investment Group Co., Ltd and other majority-owned subsidiaries |
Sale of goods |
|
62,501.19 |
| Haiyuan New Hope Livestock Co., Ltd |
Sale of goods |
15,559,496.42 |
2,187,326.61 |
| Guizhou Dingwang Energy Co., Ltd and other majority-owned subsidiaries |
Sale of goods |
|
3,103.45 |
| Guizhou Shiji Huading Energy Investment Co., Ltd and other majority-owned subsidiaries |
Sale of goods |
6,429.57 |
9,071.70 |
| Zhejiang Youyi Food Co., Ltd |
Sale of goods |
5,293,889.76 |
361,435.60 |
| Yan’an Xinyongxiang Technology Co., Ltd |
Sale of goods |
24,484,721.78 |
1,615,022.92 |
| Qingdao Big Herdsman Machinery Co., Ltd |
Sale of goods |
56,110.17 |
|
| Beijing Meihao Meideling Food Co., Ltd |
Sale of goods |
238,906.12 |
|
| Haurong Chemical Co., Ltd |
Sale of goods |
2,770,909.75 |
4,663,873.77 |
| Sichuan Xinrong Nutrition Technology Co., Ltd |
Sale of goods |
18,870,510.00 |
|
| Sichuan Chuanwazi Food Co., Ltd |
Sale of goods |
25,513,267.23 |
|
| Sichuan Sanlejiang New Health Commerce Co., Ltd |
Sale of goods |
3,662,775.40 |
|
| Guangdong Hope No. 1 Equity Investment Partnreship (LP) |
Consulting services |
14,150,943.00 |
14,390,891.07 |
| Shenyang New Hope New Agricultural Industry Fund Partnership (LP) |
Consulting services |
8,070,831.00 |
|
| Total |
|
1,186,609,498.94 |
1,060,988,102.02 |
Remarks on related-party transactions of purchase and sale of goods and provision and receipt of services
(2) Related-party leases
The company as lessor:
Unit: yuan
| Name of lessee |
Type of leased assets |
Rental revenue recognized in the current period |
Rental revenue recognized in the prior period |
|---|
| New Hope Investment Group Co., Ltd and its subsidiaries |
Office buildings |
80,000.00 |
|
| New Hope Group Co., Ltd and its subsidiaries |
Office buildings |
20,000.00 |
27,349.52 |
| Grass Green Group Co., Ltd and other majority-owned subsidiaries |
Office buildings |
68,533.45 |
57,267.84 |
| Beijing Porridge Jiahe Restaurant Management Co., Ltd |
Office buildings |
311,985.56 |
733,797.46 |
| Shandong Hypor Liuhe Breeding Co., Ltd |
Office buildings |
6,181,732.50 |
1,143,661.39 |
| Beijing Meihao Meideling Food Co., Ltd |
Office buildings |
2,839,367.60 |
556,344.95 |
| South Hope Industrial Co., Ltd and other majority-owned subsidiaries |
Office buildings |
60,000.00 |
19,047.62 |
| Yan’an Xinyongxiang Technology Co., Ltd |
Pig farms |
10,560,000.00 |
3,047,619.04 |
| Xianyang Yongxiang Agricultural Technology Co., Ltd |
Pig farms |
|
1,523,809.52 |
| Sichuan New Hope Real Estate Development Co., Ltd and other majority-owned subsidiaries |
Office buildings |
40,000.00 |
|
| Total |
|
20,161,619.11 |
7,108,897.34 |
The company as lessee:
Unit: yuan
| Name of lessor |
Type of leased assets |
Rental expense recognized in the current period |
Rental expense recognized in the prior period |
|---|
| New Hope Property Service Group Co., Ltd |
Office buildings |
0.00 |
1,029,180.67 |
| Sichuan Xinhuaxi Dairy Co., Ltd |
Office buildings |
1,876,572.00 |
1,876,572.00 |
| Sichuan Huaxi Guoxing Real Estate Co., Ltd |
Office buildings |
1,888,717.23 |
1,649,707.80 |
| Total |
|
3,765,289.23 |
4,555,460.47 |
Remarks on related-party leases
(3) Related-party guarantees
The company as guarantor
Unit: yuan
| Secured party |
Amount guaranteed |
Start date of guarantee |
Expiry date of guarantee |
Whether the performance of guarantee was completed |
|---|
| Anyang New Hope Liuhe Feed Co., Ltd |
20,000,000.00 |
April 27, 2020 |
April 27, 2021 |
No |
| Anyue New Hope Liuhe Farming Co., Ltd |
50,000,000.00 |
June 11, 2020 |
June 10, 2021 |
No |
| Baiyin New Hope Farming Technology Co., Ltd |
2,500,000.00 |
August 31, 2020 |
February 27, 2022 |
No |
| Baiyin New Hope Farming Technology Co., Ltd |
2,500,000.00 |
August 31, 2020 |
April 30, 2022 |
No |
| Baiyin New Hope Farming Technology Co., Ltd |
20,000,000.00 |
August 17, 2020 |
February 27, 2023 |
No |
| Baiyin New Hope Farming Technology Co., Ltd |
20,000,000.00 |
August 31, 2020 |
August 30, 2023 |
No |
| Baiyin New Hope Farming Technology Co., Ltd |
2,500,000.00 |
August 31, 2020 |
February 27, 2021 |
No |
| Baiyin New Hope Farming Technology Co., Ltd |
2,500,000.00 |
August 31, 2020 |
April 30, 2021 |
No |
| Beijing Kinghey Food Co., Ltd |
1,250,000.00 |
June 12, 2020 |
November 30, 2021 |
No |
| Beijing Kinghey Food Co., Ltd |
1,250,000.00 |
June 12, 2020 |
December 4, 2022 |
No |
| Beijing Kinghey Food Co., Ltd |
5,000,000.00 |
June 12, 2020 |
November 30, 2022 |
No |
| Beijing Kinghey Food Co., Ltd |
5,000,000.00 |
June 12, 2020 |
May 31, 2023 |
No |
| Beijing Kinghey Food Co., Ltd |
8,750,000.00 |
June 12, 2020 |
November 30, 2023 |
No |
| Beijing Kinghey Food Co., Ltd |
8,750,000.00 |
June 12, 2020 |
May 31, 2024 |
No |
| Beijing Kinghey Food Co., Ltd |
3,152,047.78 |
July 13, 2020 |
November 30, 2024 |
No |
| Beijing Kinghey Food Co., Ltd |
225,905.08 |
August 27, 2020 |
November 30, 2024 |
No |
| Beijing Kinghey Food Co., Ltd |
4,770,100.00 |
September 25, 2020 |
November 30, 2024 |
No |
| Beijing Kinghey Food Co., Ltd |
703,648.33 |
October 29, 2020 |
November 30, 2024 |
No |
| Beijing Kinghey Food Co., Ltd |
251,280.00 |
November 30, 2020 |
November 30, 2024 |
No |
| Beijing Kinghey Food Co., Ltd |
3,909,505.00 |
December 28, 2020 |
June 11, 2025 |
No |
| Beijing Kinghey Food Co., Ltd |
100,000,000.00 |
March 4, 2020 |
March 4, 2021 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
15,000,000.00 |
June 30, 2020 |
June 16, 2022 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
18,000,000.00 |
June 30, 2020 |
December 16, 2022 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
18,000,000.00 |
June 30, 2020 |
June 16, 2023 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
21,000,000.00 |
June 30, 2020 |
December 15, 2023 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
21,000,000.00 |
June 30, 2020 |
June 14, 2024 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
June 30, 2020 |
December 16, 2024 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
19,000,000.00 |
September 24, 2020 |
December 16, 2024 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
21,000,000.00 |
September 24, 2020 |
June 16, 2025 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
September 24, 2020 |
December 16, 2025 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
11,000,000.00 |
November 2, 2020 |
December 16, 2025 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
21,000,000.00 |
November 2, 2020 |
June 16, 2026 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
18,000,000.00 |
November 2, 2020 |
December 16, 2026 |
No |
| Beijing Xinliu Farming Technology Co., Ltd |
15,000,000.00 |
June 30, 2020 |
December 16, 2021 |
No |
| Bijie Xinliu Farming Co., Ltd |
13,200,000.00 |
May 19, 2020 |
May 18, 2022 |
No |
| Bijie Xinliu Farming Co., Ltd |
13,200,000.00 |
May 19, 2020 |
May 18, 2023 |
No |
| Bijie Xinliu Farming Co., Ltd |
13,200,000.00 |
May 19, 2020 |
May 18, 2024 |
No |
| Bijie Xinliu Farming Co., Ltd |
13,200,000.00 |
May 19, 2020 |
May 18, 2025 |
No |
| Bijie Xinliu Farming Co., Ltd |
8,800,000.00 |
May 19, 2020 |
May 18, 2026 |
No |
| Bijie Xinliu Farming Co., Ltd |
8,800,000.00 |
May 19, 2020 |
May 18, 2027 |
No |
| Bijie Xinliu Farming Co., Ltd |
8,800,000.00 |
May 19, 2020 |
May 18, 2028 |
No |
| Bijie Xinliu Farming Co., Ltd |
1,440,000.00 |
September 14, 2020 |
September 13, 2022 |
No |
| Bijie Xinliu Farming Co., Ltd |
1,440,000.00 |
September 14, 2020 |
May 13, 2023 |
No |
| Bijie Xinliu Farming Co., Ltd |
1,440,000.00 |
September 14, 2020 |
September 13, 2024 |
No |
| Bijie Xinliu Farming Co., Ltd |
1,440,000.00 |
September 14, 2020 |
September 13, 2025 |
No |
| Bijie Xinliu Farming Co., Ltd |
960,000.00 |
September 14, 2020 |
September 13, 2026 |
No |
| Bijie Xinliu Farming Co., Ltd |
960,000.00 |
September 14, 2020 |
September 13, 2027 |
No |
| Bijie Xinliu Farming Co., Ltd |
960,000.00 |
September 14, 2020 |
September 13, 2028 |
No |
| Bijie Xinliu Farming Co., Ltd |
1,200,000.00 |
October 21, 2020 |
October 20, 2022 |
No |
| Bijie Xinliu Farming Co., Ltd |
1,200,000.00 |
October 21, 2020 |
October 20, 2023 |
No |
| Bijie Xinliu Farming Co., Ltd |
1,200,000.00 |
October 21, 2020 |
October 20, 2024 |
No |
| Bijie Xinliu Farming Co., Ltd |
1,200,000.00 |
October 21, 2020 |
October 20, 2025 |
No |
| Bijie Xinliu Farming Co., Ltd |
800,000.00 |
October 21, 2020 |
October 20, 2026 |
No |
| Bijie Xinliu Farming Co., Ltd |
800,000.00 |
October 21, 2020 |
October 20, 2027 |
No |
| Bijie Xinliu Farming Co., Ltd |
800,000.00 |
October 21, 2020 |
October 20, 2028 |
No |
| Bijie Xinliu Farming Co., Ltd |
8,800,000.00 |
May 19, 2020 |
May 18, 2021 |
No |
| Bijie Xinliu Farming Co., Ltd |
960,000.00 |
September 14, 2020 |
September 13, 2021 |
No |
| Bijie Xinliu Farming Co., Ltd |
800,000.00 |
October 21, 2020 |
October 20, 2021 |
No |
| Caoxian Xinhao Farming Co., Ltd |
8,768,000.00 |
April 28, 2020 |
April 20, 2022 |
No |
| Caoxian Xinhao Farming Co., Ltd |
17,536,000.00 |
April 28, 2020 |
October 20, 2022 |
No |
| Caoxian Xinhao Farming Co., Ltd |
26,304,000.00 |
April 28, 2020 |
April 20, 2023 |
No |
| Caoxian Xinhao Farming Co., Ltd |
35,072,000.00 |
April 28, 2020 |
October 20, 2023 |
No |
| Caoxian Xinhao Farming Co., Ltd |
43,840,000.00 |
April 28, 2020 |
April 20, 2024 |
No |
| Caoxian Xinhao Farming Co., Ltd |
43,840,000.00 |
April 28, 2020 |
October 20, 2024 |
No |
| Caoxian Xinhao Farming Co., Ltd |
43,840,000.00 |
April 28, 2020 |
April 19, 2025 |
No |
| Caoxian Xinhao Farming Co., Ltd |
969,188.73 |
May 25, 2020 |
April 20, 2022 |
No |
| Caoxian Xinhao Farming Co., Ltd |
1,938,377.00 |
May 25, 2020 |
October 20, 2022 |
No |
| Caoxian Xinhao Farming Co., Ltd |
2,907,565.00 |
May 25, 2020 |
April 20, 2023 |
No |
| Caoxian Xinhao Farming Co., Ltd |
3,876,753.00 |
May 25, 2020 |
October 20, 2023 |
No |
| Caoxian Xinhao Farming Co., Ltd |
4,845,940.00 |
May 25, 2020 |
April 20, 2024 |
No |
| Caoxian Xinhao Farming Co., Ltd |
4,845,940.00 |
May 25, 2020 |
October 20, 2024 |
No |
| Caoxian Xinhao Farming Co., Ltd |
4,845,941.00 |
May 25, 2020 |
April 19, 2025 |
No |
| Caoxian Xinhao Farming Co., Ltd |
260,000.00 |
September 28, 2020 |
April 20, 2022 |
No |
| Caoxian Xinhao Farming Co., Ltd |
530,000.00 |
September 28, 2020 |
October 20, 2022 |
No |
| Caoxian Xinhao Farming Co., Ltd |
790,000.00 |
September 28, 2020 |
April 20, 2023 |
No |
| Caoxian Xinhao Farming Co., Ltd |
1,050,000.00 |
September 28, 2020 |
October 20, 2023 |
No |
| Caoxian Xinhao Farming Co., Ltd |
1,310,000.00 |
September 28, 2020 |
April 20, 2024 |
No |
| Caoxian Xinhao Farming Co., Ltd |
1,310,000.00 |
September 28, 2020 |
October 20, 2024 |
No |
| Caoxian Xinhao Farming Co., Ltd |
1,320,295.27 |
September 28, 2020 |
April 19, 2025 |
No |
| Changyi Xinhao Livestock Co., Ltd |
1,000,000.00 |
June 19, 2020 |
June 11, 2022 |
No |
| Changyi Xinhao Livestock Co., Ltd |
3,000,000.00 |
June 19, 2020 |
December 20, 2022 |
No |
| Changyi Xinhao Livestock Co., Ltd |
35,000,000.00 |
June 19, 2020 |
June 16, 2023 |
No |
| Changyi Xinhao Livestock Co., Ltd |
1,000,000.00 |
June 11, 2020 |
June 11, 2022 |
No |
| Changyi Xinhao Livestock Co., Ltd |
3,000,000.00 |
June 11, 2020 |
December 20, 2022 |
No |
| Changyi Xinhao Livestock Co., Ltd |
35,000,000.00 |
June 11, 2020 |
June 16, 2023 |
No |
| Changyi Xinhao Livestock Co., Ltd |
500,000.00 |
July 17, 2020 |
June 11, 2022 |
No |
| Changyi Xinhao Livestock Co., Ltd |
1,500,000.00 |
July 17, 2020 |
December 20, 2022 |
No |
| Changyi Xinhao Livestock Co., Ltd |
17,500,000.00 |
July 17, 2020 |
June 11, 2023 |
No |
| Changyi Xinhao Livestock Co., Ltd |
300,000.00 |
June 19, 2020 |
June 11, 2021 |
No |
| Changyi Xinhao Livestock Co., Ltd |
500,000.00 |
June 19, 2020 |
December 20, 2021 |
No |
| Changyi Xinhao Livestock Co., Ltd |
300,000.00 |
June 11, 2020 |
June 11, 2021 |
No |
| Changyi Xinhao Livestock Co., Ltd |
500,000.00 |
June 20, 2020 |
December 20, 2021 |
No |
| Changyi Xinhao Livestock Co., Ltd |
150,000.00 |
July 17, 2020 |
June 11, 2021 |
No |
| Changyi Xinhao Livestock Co., Ltd |
250,000.00 |
July 17, 2020 |
December 20, 2021 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
8,000,000.00 |
May 22, 2020 |
May 21, 2022 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
10,000,000.00 |
May 22, 2020 |
August 21, 2022 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
10,000,000.00 |
May 22, 2020 |
November 21, 2022 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
10,000,000.00 |
May 22, 2020 |
February 21, 2023 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
10,000,000.00 |
May 22, 2020 |
May 21, 2023 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
10,000,000.00 |
May 22, 2020 |
August 21, 2023 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
10,000,000.00 |
May 22, 2020 |
November 21, 2023 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
10,000,000.00 |
May 22, 2020 |
February 21, 2024 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
10,000,000.00 |
May 22, 2020 |
May 21, 2024 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
16,000,000.00 |
May 22, 2020 |
August 21, 2024 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
16,000,000.00 |
May 22, 2020 |
November 21, 2024 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
20,000,000.00 |
May 22, 2020 |
February 21, 2025 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
20,000,000.00 |
May 22, 2020 |
May 21, 2025 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
6,000,000.00 |
May 22, 2020 |
February 21, 2021 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
6,000,000.00 |
May 22, 2020 |
May 21, 2021 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
6,000,000.00 |
May 22, 2020 |
August 21, 2021 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
8,000,000.00 |
May 22, 2020 |
February 21, 2022 |
No |
| Dong’e New Hope Liuhe Swine Breeding Co., Ltd |
6,000,000.00 |
May 22, 2020 |
November 21, 2021 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
February 17, 2022 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
August 17, 2022 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
February 17, 2023 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
August 17, 2023 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
February 17, 2024 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
August 17, 2024 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
February 17, 2025 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
August 17, 2025 |
No |
| Donghai Xinhao Farming Co., Ltd |
30,000,000.00 |
April 27, 2020 |
April 26, 2021 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
February 17, 2021 |
No |
| Donghai Xinhao Farming Co., Ltd |
20,000,000.00 |
August 18, 2020 |
August 17, 2021 |
No |
| Dongying Xinhao Modern Farming Co., |
625,000.00 |
December 1, 2020 |
April 12, 2022 |
No |
| Ltd |
|
|
|
|
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 1, 2020 |
October 12, 2022 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 1, 2020 |
April 12, 2023 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 1, 2020 |
October 12, 2023 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 1, 2020 |
April 12, 2024 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 1, 2020 |
October 18, 2024 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 1, 2020 |
May 12, 2025 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 1, 2020 |
October 18, 2025 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 29, 2020 |
April 12, 2022 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 29, 2020 |
October 12, 2022 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 29, 2020 |
April 12, 2023 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 29, 2020 |
October 12, 2023 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 29, 2020 |
April 12, 2024 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 29, 2020 |
October 18, 2024 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 29, 2020 |
May 12, 2025 |
No |
| Dongying Xinhao Modern Farming Co., Ltd |
625,000.00 |
December 29, 2020 |
October 18, 2025 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
November 12, 2020 |
May 20, 2022 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
November 12, 2020 |
November 20, 2022 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,500,000.00 |
November 12, 2020 |
May 20, 2023 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,500,000.00 |
November 12, 2020 |
November 20, 2023 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,500,000.00 |
November 12, 2020 |
May 20, 2024 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,500,000.00 |
November 12, 2020 |
November 20, 2024 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
3,500,000.00 |
November 12, 2020 |
May 20, 2025 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
3,500,000.00 |
November 12, 2020 |
November 20, 2025 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
3,500,000.00 |
November 12, 2020 |
May 20, 2026 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
3,500,000.00 |
November 12, 2020 |
November 20, 2026 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
4,200,000.00 |
November 12, 2020 |
May 20, 2027 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
4,200,000.00 |
November 12, 2020 |
November 20, 2027 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
4,200,000.00 |
November 12, 2020 |
May 20, 2028 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
4,200,000.00 |
November 12, 2020 |
November 20, 2028 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
4,200,000.00 |
November 12, 2020 |
May 20, 2029 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
May 20, 2022 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
November 20, 2022 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
May 20, 2023 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
November 20, 2023 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
May 20, 2024 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
November 20, 2024 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
May 20, 2025 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
November 20, 2025 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
May 20, 2026 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
November 20, 2026 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
May 20, 2027 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
November 20, 2027 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
May 20, 2028 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
November 20, 2028 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
3,000,000.00 |
December 31, 2020 |
May 20, 2029 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
1,000,000.00 |
November 12, 2020 |
November 20, 2021 |
No |
| Fuping Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
December 31, 2020 |
November 20, 2021 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
3,750,000.00 |
June 29, 2020 |
June 11, 2022 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
December 20, 2022 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
June 11, 2023 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
December 20, 2023 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
June 11, 2024 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
December 20, 2024 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
June 20, 2025 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
December 20, 2025 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
June 20, 2026 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
3,750,000.00 |
June 29, 2020 |
December 20, 2026 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
3,748,300.00 |
June 29, 2020 |
June 20, 2027 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
3,750,000.00 |
July 1, 2020 |
June 11, 2022 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
July 1, 2020 |
December 20, 2022 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
July 1, 2020 |
June 11, 2023 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
July 1, 2020 |
December 20, 2023 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
July 1, 2020 |
June 11, 2024 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
July 1, 2020 |
December 20, 2024 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
July 1, 2020 |
June 20, 2025 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
July 1, 2020 |
December 20, 2025 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
7,500,000.00 |
July 1, 2020 |
June 20, 2026 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
3,750,000.00 |
July 1, 2020 |
December 20, 2026 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
3,748,300.00 |
July 1, 2020 |
June 20, 2027 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
3,751,700.00 |
June 29, 2020 |
December 20, 2021 |
No |
| Gansu New Hope Liuhe Farming Co., Ltd |
3,751,700.00 |
July 1, 2020 |
December 20, 2021 |
No |
| Gaotang Xinhao Farming Co., Ltd |
7,732,800.00 |
July 8, 2020 |
June 21, 2022 |
No |
| Gaotang Xinhao Farming Co., Ltd |
16,432,200.00 |
July 8, 2020 |
December 21, 2022 |
No |
| Gaotang Xinhao Farming Co., Ltd |
16,432,200.00 |
July 8, 2020 |
June 21, 2023 |
No |
| Gaotang Xinhao Farming Co., Ltd |
16,432,200.00 |
July 8, 2020 |
December 21, 2023 |
No |
| Gaotang Xinhao Farming Co., Ltd |
16,432,200.00 |
July 8, 2020 |
June 21, 2024 |
No |
| Gaotang Xinhao Farming Co., Ltd |
5,799,600.00 |
July 8, 2020 |
December 21, 2024 |
No |
| Gaotang Xinhao Farming Co., Ltd |
5,799,600.00 |
July 8, 2020 |
June 21, 2025 |
No |
| Gaotang Xinhao Farming Co., Ltd |
1,933,200.00 |
July 8, 2020 |
December 21, 2025 |
No |
| Gaotang Xinhao Farming Co., Ltd |
1,933,200.00 |
July 8, 2020 |
July 7, 2026 |
No |
| Gaotang Xinhao Farming Co., Ltd |
2,553,418.24 |
August 13, 2020 |
June 21, 2022 |
No |
| Gaotang Xinhao Farming Co., Ltd |
2,553,418.24 |
August 13, 2020 |
December 21, 2022 |
No |
| Gaotang Xinhao Farming Co., Ltd |
2,553,418.24 |
August 13, 2020 |
June 21, 2023 |
No |
| Gaotang Xinhao Farming Co., Ltd |
2,553,418.24 |
August 13, 2020 |
December 21, 2023 |
No |
| Gaotang Xinhao Farming Co., Ltd |
2,553,418.24 |
August 13, 2020 |
June 21, 2024 |
No |
| Gaotang Xinhao Farming Co., Ltd |
2,553,418.24 |
August 13, 2020 |
December 21, 2024 |
No |
| Gaotang Xinhao Farming Co., Ltd |
2,553,418.24 |
August 13, 2020 |
June 21, 2025 |
No |
| Gaotang Xinhao Farming Co., Ltd |
2,553,418.20 |
August 13, 2020 |
December 21, 2025 |
No |
| Gaotang Xinhao Farming Co., Ltd |
6,250,000.00 |
August 31, 2020 |
June 21, 2022 |
No |
| Gaotang Xinhao Farming Co., Ltd |
6,250,000.00 |
August 31, 2020 |
December 21, 2022 |
No |
| Gaotang Xinhao Farming Co., Ltd |
6,250,000.00 |
August 31, 2020 |
June 21, 2023 |
No |
| Gaotang Xinhao Farming Co., Ltd |
6,250,000.00 |
August 31, 2020 |
December 21, 2023 |
No |
| Gaotang Xinhao Farming Co., Ltd |
6,250,000.00 |
August 31, 2020 |
June 21, 2024 |
No |
| Gaotang Xinhao Farming Co., Ltd |
6,250,000.00 |
August 31, 2020 |
December 21, 2024 |
No |
| Gaotang Xinhao Farming Co., Ltd |
6,250,000.00 |
August 31, 2020 |
June 21, 2025 |
No |
| Gaotang Xinhao Farming Co., Ltd |
6,250,000.00 |
August 31, 2020 |
December 21, 2025 |
No |
| Gaotang Xinhao Farming Co., Ltd |
7,732,800.00 |
July 8, 2020 |
December 21, 2021 |
No |
| Gushi Liuhe Co., Ltd |
26,000,000.00 |
April 30, 2020 |
April 30, 2021 |
No |
| Guanling Xinmu Breeding Co., Ltd |
2,400,000.00 |
October 29, 2020 |
May 16, 2022 |
No |
| Guanling Xinmu Breeding Co., Ltd |
10,800,000.00 |
October 29, 2020 |
November 16, 2022 |
No |
| Guanling Xinmu Breeding Co., Ltd |
11,500,000.00 |
October 29, 2020 |
May 16, 2023 |
No |
| Guanling Xinmu Breeding Co., Ltd |
11,750,000.00 |
October 29, 2020 |
November 16, 2023 |
No |
| Guanling Xinmu Breeding Co., Ltd |
11,750,000.00 |
October 29, 2020 |
May 16, 2024 |
No |
| Guanling Xinmu Breeding Co., Ltd |
10,800,000.00 |
October 29, 2020 |
November 16, 2024 |
No |
| Guanling Xinmu Breeding Co., Ltd |
11,500,000.00 |
October 29, 2020 |
May 16, 2025 |
No |
| Guanling Xinmu Breeding Co., Ltd |
11,750,000.00 |
October 29, 2020 |
November 16, 2025 |
No |
| Guanling Xinmu Breeding Co., Ltd |
11,750,000.00 |
October 29, 2020 |
May 16, 2026 |
No |
| Guanling Xinmu Breeding Co., Ltd |
13,600,000.00 |
October 29, 2020 |
November 16, 2026 |
No |
| Guanling Xinmu Breeding Co., Ltd |
2,400,000.00 |
October 29, 2020 |
October 30, 2021 |
No |
| Guangxi New Hope Liuhe Breeding Co., Ltd |
20,000,000.00 |
August 14, 2020 |
August 13, 2021 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
3,000,000.00 |
June 30, 2020 |
June 29, 2022 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
4,500,000.00 |
June 30, 2020 |
June 29, 2023 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
4,500,000.00 |
June 30, 2020 |
June 29, 2024 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
4,500,000.00 |
June 30, 2020 |
June 29, 2025 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
4,500,000.00 |
June 30, 2020 |
June 29, 2026 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
3,000,000.00 |
June 30, 2020 |
June 29, 2027 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
3,000,000.00 |
June 30, 2020 |
June 29, 2028 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
3,000,000.00 |
June 30, 2020 |
June 29, 2029 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
5,000,000.00 |
July 1, 2020 |
June 29, 2022 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
7,500,000.00 |
July 1, 2020 |
June 29, 2023 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
7,500,000.00 |
July 1, 2020 |
June 29, 2024 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
7,500,000.00 |
July 1, 2020 |
June 29, 2025 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
7,500,000.00 |
July 1, 2020 |
June 29, 2026 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
5,000,000.00 |
July 1, 2020 |
June 29, 2027 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
5,000,000.00 |
July 1, 2020 |
June 29, 2028 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
5,000,000.00 |
July 1, 2020 |
June 29, 2029 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
2,000,000.00 |
July 14, 2020 |
June 29, 2022 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
3,000,000.00 |
July 14, 2020 |
June 29, 2023 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
3,000,000.00 |
July 14, 2020 |
June 29, 2024 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
3,000,000.00 |
July 14, 2020 |
June 29, 2025 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
3,000,000.00 |
July 14, 2020 |
June 29, 2026 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
2,000,000.00 |
July 14, 2020 |
June 29, 2027 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
2,000,000.00 |
July 14, 2020 |
June 29, 2028 |
No |
| Guangyuan Xinhao Agricultural Development Co., Ltd |
2,000,000.00 |
July 14, 2020 |
June 29, 2029 |
No |
| Guangzhou Liuhe Feed Co., Ltd |
60,000,000.00 |
February 21, 2020 |
February 21, 2021 |
No |
| Hainan Dengmai New Hope Farming Co., Ltd |
2,500,000.00 |
October 23, 2020 |
June 11, 2022 |
No |
| Hainan Dengmai New Hope Farming Co., Ltd |
2,500,000.00 |
October 23, 2020 |
December 20, 2022 |
No |
| Hainan Dengmai New Hope Farming Co., Ltd |
10,000,000.00 |
October 28, 2020 |
June 11, 2023 |
No |
| Hainan Dengmai New Hope Farming Co., Ltd |
30,000,000.00 |
October 30, 2020 |
October 22, 2023 |
No |
| Hainan Dengmai New Hope Farming Co., Ltd |
2,000,000.00 |
October 23, 2020 |
June 11, 2021 |
No |
| Hainan Dengmai New Hope Farming Co., Ltd |
2,000,000.00 |
October 23, 2020 |
December 20, 2021 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
10,000,000.00 |
March 27, 2020 |
May 20, 2022 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
10,000,000.00 |
March 27, 2020 |
November 20, 2022 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
10,000,000.00 |
March 27, 2020 |
May 20, 2020 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
10,000,000.00 |
March 27, 2020 |
November 20, 2023 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
10,000,000.00 |
March 27, 2020 |
May 20, 2024 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
10,000,000.00 |
March 27, 2020 |
November 20, 2024 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
10,000,000.00 |
March 27, 2020 |
May 20, 2025 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
5,000,000.00 |
March 27, 2020 |
November 20, 2025 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
5,000,000.00 |
March 27, 2020 |
March 28, 2021 |
No |
| Hainan Lingao Xinliu Breeding Co., Ltd |
5,000,000.00 |
March 27, 2020 |
November 20, 2021 |
No |
| Hebei Kingley Meat Industry Co., Ltd |
150,000,000.00 |
April 1, 2020 |
March 31, 2021 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
June 11, 2022 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
December 20, 2022 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
June 11, 2023 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
December 20, 2023 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
June 11, 2024 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
December 20, 2024 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
June 20, 2025 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
December 20, 2025 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
June 20, 2026 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
December 20, 2026 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
7,950,000.00 |
June 30, 2020 |
June 20, 2027 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
4,950,000.00 |
June 30, 2020 |
June 20, 2027 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,210,000.00 |
June 30, 2020 |
June 21, 2028 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
June 30, 2022 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
December 30, 2022 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
June 30, 2023 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
December 30, 2023 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
June 30, 2024 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
December 30, 2024 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
June 30, 2025 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
December 30, 2025 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
June 30, 2026 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
December 30, 2026 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
June 30, 2027 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,920,000.00 |
June 30, 2020 |
June 30, 2027 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,210,000.00 |
June 30, 2020 |
June 30, 2028 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
June 11, 2022 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
December 20, 2022 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
June 11, 2023 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
December 20, 2023 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
June 11, 2024 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
December 20, 2024 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
June 20, 2025 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
December 20, 2025 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
June 20, 2026 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
December 20, 2026 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
June 20, 2027 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,080,000.00 |
July 31, 2020 |
December 20, 2027 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,790,000.00 |
July 31, 2020 |
June 21, 2028 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
June 11, 2022 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
December 20, 2022 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
June 11, 2023 |
No |
| Hebei Xinhao Fucheng Agricultural |
3,050,000.00 |
August 3, 2020 |
December 20, 2023 |
No |
| Technology Co., Ltd |
|
|
|
|
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
June 11, 2024 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
December 20, 2024 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
June 20, 2025 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
December 20, 2025 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
June 20, 2026 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
December 20, 2026 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
June 20, 2027 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
3,050,000.00 |
August 3, 2020 |
December 20, 2027 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,850,000.00 |
August 3, 2020 |
June 21, 2028 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
4,170,000.00 |
June 30, 2020 |
June 11, 2021 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
4,170,000.00 |
June 30, 2020 |
December 20, 2021 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,150,000.00 |
June 30, 2020 |
June 30, 2021 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,150,000.00 |
June 30, 2020 |
December 30, 2021 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,850,000.00 |
July 31, 2020 |
June 11, 2021 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,850,000.00 |
July 31, 2020 |
December 20, 2021 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,800,000.00 |
August 3, 2020 |
June 11, 2021 |
No |
| Hebei Xinhao Fucheng Agricultural Technology Co., Ltd |
1,800,000.00 |
August 3, 2020 |
December 20, 2021 |
No |
| Hezhou Xinhao Farming Co., Ltd |
15,000,000.00 |
April 15, 2020 |
April 13, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
22,500,000.00 |
April 15, 2020 |
April 13, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
22,500,000.00 |
April 15, 2020 |
April 13, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
22,500,000.00 |
April 15, 2020 |
April 13, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
22,500,000.00 |
April 15, 2020 |
April 13, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
11,250,000.00 |
April 15, 2020 |
April 13, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
11,250,000.00 |
April 15, 2020 |
April 13, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
11,250,000.00 |
April 15, 2020 |
April 13, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
11,250,000.00 |
April 15, 2020 |
April 13, 2030 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
April 24, 2020 |
February 20, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,500,000.00 |
April 24, 2020 |
April 13, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
April 24, 2020 |
February 20, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,000,000.00 |
April 24, 2020 |
April 13, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
April 24, 2020 |
February 20, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,000,000.00 |
April 24, 2020 |
April 13, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,250,000.00 |
April 24, 2020 |
February 20, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,250,000.00 |
April 24, 2020 |
April 13, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,250,000.00 |
April 24, 2020 |
February 20, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,250,000.00 |
April 24, 2020 |
April 13, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,125,000.00 |
April 24, 2020 |
February 20, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,125,000.00 |
April 24, 2020 |
April 13, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,125,000.00 |
April 24, 2020 |
February 20, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,125,000.00 |
April 24, 2020 |
April 13, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,125,000.00 |
April 24, 2020 |
February 20, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,125,000.00 |
April 24, 2020 |
April 13, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,250,000.00 |
April 24, 2029 |
April 13, 2030 |
No |
| Hezhou Xinhao Farming Co., Ltd |
3,500,000.00 |
July 21, 2020 |
April 13, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
5,250,000.00 |
July 21, 2020 |
April 13, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
5,250,000.00 |
July 21, 2020 |
April 13, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
5,250,000.00 |
July 21, 2020 |
April 13, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
5,250,000.00 |
July 21, 2020 |
April 13, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 21, 2020 |
April 13, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 21, 2020 |
April 13, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 21, 2020 |
April 13, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 21, 2020 |
April 13, 2030 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
July 23, 2020 |
February 20, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
3,000,000.00 |
July 23, 2020 |
April 13, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
July 23, 2020 |
February 20, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,750,000.00 |
July 23, 2020 |
April 13, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
July 23, 2020 |
February 20, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,750,000.00 |
July 23, 2020 |
April 13, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 23, 2020 |
February 20, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 23, 2020 |
April 13, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 23, 2020 |
February 20, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 23, 2020 |
April 13, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
July 23, 2020 |
February 20, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
July 23, 2020 |
April 13, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
July 23, 2020 |
February 20, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
July 23, 2020 |
April 13, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
July 23, 2020 |
February 20, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
July 23, 2020 |
April 13, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
July 23, 2030 |
April 13, 2030 |
No |
| Hezhou Xinhao Farming Co., Ltd |
6,500,000.00 |
September 18, 2020 |
April 13, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
9,750,000.00 |
September 18, 2020 |
April 13, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
9,750,000.00 |
September 18, 2020 |
April 13, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
9,750,000.00 |
September 18, 2020 |
April 13, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
9,750,000.00 |
September 18, 2020 |
April 13, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,875,000.00 |
September 18, 2020 |
April 13, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,875,000.00 |
September 18, 2020 |
April 13, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,875,000.00 |
September 18, 2020 |
April 13, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,875,000.00 |
September 18, 2020 |
April 13, 2030 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
October 9, 2020 |
February 20, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
3,000,000.00 |
October 9, 2020 |
April 13, 2022 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
October 9, 2020 |
February 20, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,750,000.00 |
October 9, 2020 |
April 13, 2023 |
No |
| Hezhou Xinhao Farming Co., Ltd |
500,000.00 |
October 9, 2020 |
February 20, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
4,750,000.00 |
October 9, 2020 |
April 13, 2024 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
October 9, 2020 |
February 20, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
October 9, 2020 |
April 13, 2025 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
October 9, 2020 |
February 20, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
2,625,000.00 |
October 9, 2020 |
April 13, 2026 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
October 9, 2020 |
February 20, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
October 9, 2020 |
April 13, 2027 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
October 9, 2020 |
February 20, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
October 9, 2020 |
April 13, 2028 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
October 9, 2020 |
February 20, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
October 9, 2020 |
April 13, 2029 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
October 9, 2020 |
February 20, 2030 |
No |
| Hezhou Xinhao Farming Co., Ltd |
1,312,500.00 |
October 9, 2020 |
April 13, 2030 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
2,000,000.00 |
May 19, 2020 |
May 18, 2022 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
3,000,000.00 |
May 19, 2020 |
May 18, 2023 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
3,000,000.00 |
May 19, 2020 |
May 18, 2024 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
3,000,000.00 |
May 19, 2020 |
May 18, 2025 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
3,000,000.00 |
May 19, 2020 |
May 18, 2026 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
2,000,000.00 |
May 19, 2020 |
May 18, 2027 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
2,000,000.00 |
May 19, 2020 |
May 18, 2028 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
2,000,000.00 |
May 19, 2020 |
May 18, 2029 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
6,000,000.00 |
May 21, 2020 |
May 20, 2022 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,000,000.00 |
May 21, 2020 |
May 20, 2023 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,000,000.00 |
May 21, 2020 |
May 20, 2024 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,000,000.00 |
May 21, 2020 |
May 20, 2025 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,000,000.00 |
May 21, 2020 |
May 20, 2026 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
6,000,000.00 |
May 21, 2020 |
May 20, 2027 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
6,000,000.00 |
May 21, 2020 |
May 20, 2028 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
6,000,000.00 |
May 21, 2020 |
May 20, 2029 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
6,000,000.00 |
November 6, 2020 |
May 18, 2022 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,000,000.00 |
November 6, 2020 |
May 18, 2023 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,000,000.00 |
November 6, 2020 |
May 18, 2024 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,000,000.00 |
November 6, 2020 |
May 18, 2025 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
9,000,000.00 |
November 6, 2020 |
May 18, 2026 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
6,000,000.00 |
November 6, 2020 |
May 18, 2027 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
6,000,000.00 |
November 6, 2020 |
May 18, 2028 |
No |
| Hengnan Muyun Eco-agriculture Co., Ltd |
6,000,000.00 |
November 6, 2020 |
May 18, 2029 |
No |
| Hengyang Xinhao Farming Co., Ltd |
10,440,000.00 |
November 2, 2020 |
April 30, 2022 |
No |
| Hengyang Xinhao Farming Co., Ltd |
10,440,000.00 |
November 2, 2020 |
October 30, 2022 |
No |
| Hengyang Xinhao Farming Co., Ltd |
8,700,000.00 |
November 2, 2020 |
April 30, 2023 |
No |
| Hengyang Xinhao Farming Co., Ltd |
8,700,000.00 |
November 2, 2020 |
October 30, 2023 |
No |
| Hengyang Xinhao Farming Co., Ltd |
7,830,000.00 |
November 2, 2020 |
April 30, 2024 |
No |
| Hengyang Xinhao Farming Co., Ltd |
7,830,000.00 |
November 2, 2020 |
October 30, 2024 |
No |
| Hengyang Xinhao Farming Co., Ltd |
7,830,000.00 |
November 2, 2020 |
April 30, 2025 |
No |
| Hengyang Xinhao Farming Co., Ltd |
7,830,000.00 |
November 2, 2020 |
October 28, 2025 |
No |
| Hubei Tuanfeng New Hope Feed Co., Ltd |
10,000,000.00 |
March 17, 2020 |
March 16, 2021 |
No |
| Hubei Tuanfeng New Hope Feed Co., Ltd |
20,000,000.00 |
March 19, 2020 |
March 18, 2021 |
No |
| Hubei Xinhao Farming Co., Ltd |
4,539,185.76 |
May 28, 2020 |
November 21, 2021 |
No |
| Hubei Xinhao Farming Co., Ltd |
999,342.74 |
September 25, 2020 |
November 21, 2021 |
No |
| Hubei Xinhao Farming Co., Ltd |
4,539,185.78 |
May 28, 2020 |
May 21, 2022 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
November 21, 2022 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
May 21, 2023 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
November 21, 2023 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,460.29 |
May 28, 2020 |
May 21, 2024 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
November 21, 2024 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
May 21, 2025 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
November 21, 2025 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
May 21, 2026 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
November 21, 2026 |
No |
| Hubei Xinhao Farming Co., Ltd |
12,766,459.95 |
May 28, 2020 |
May 27, 2027 |
No |
| Hubei Xinhao Farming Co., Ltd |
999,342.74 |
September 25, 2020 |
May 21, 2022 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
November 21, 2022 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
May 21, 2023 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
November 21, 2023 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
May 21, 2024 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
November 21, 2024 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
May 21, 2025 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
November 21, 2025 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
May 21, 2026 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
November 21, 2026 |
No |
| Hubei Xinhao Farming Co., Ltd |
2,810,651.45 |
September 25, 2020 |
May 27, 2027 |
No |
| Hubei Xinhao Farming Co., Ltd |
32,950,000.00 |
October 9, 2020 |
September 22, 2022 |
No |
| Hubei Xinhao Farming Co., Ltd |
49,425,000.00 |
October 9, 2020 |
September 22, 2023 |
No |
| Hubei Xinhao Farming Co., Ltd |
49,425,000.00 |
October 9, 2020 |
September 22, 2024 |
No |
| Hubei Xinhao Farming Co., Ltd |
49,425,000.00 |
October 9, 2020 |
September 22, 2025 |
No |
| Hubei Xinhao Farming Co., Ltd |
49,425,000.00 |
October 9, 2020 |
September 22, 2026 |
No |
| Hubei Xinhao Farming Co., Ltd |
49,425,000.00 |
October 9, 2020 |
September 22, 2027 |
No |
| Hubei Xinhao Farming Co., Ltd |
49,425,000.00 |
October 9, 2020 |
September 22, 2028 |
No |
| Huanggang New Hope Feed Technology Co., Ltd |
15,000,000.00 |
March 16, 2020 |
March 15, 2021 |
No |
| Huanggang New Hope Feed Technology Co., Ltd |
25,000,000.00 |
March 24, 2020 |
March 23, 2021 |
No |
| Huanghua Xinhao Technology Co., Ltd |
160,000,000.00 |
January 2, 2020 |
January 1, 2020 |
No |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
21,000,000.00 |
June 24, 2020 |
May 20, 2022 |
No |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
35,000,000.00 |
June 24, 2020 |
November 20, 2022 |
No |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
35,000,000.00 |
June 24, 2020 |
May 20, 2023 |
No |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
7,000,000.00 |
June 24, 2020 |
November 20, 2023 |
No |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
1,000,000.00 |
June 24, 2020 |
June 10, 2024 |
No |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
7,000,000.00 |
June 24, 2020 |
May 20, 2021 |
No |
| Jiaxiang New Hope Liuhe Swine Breeding Co., Ltd |
21,000,000.00 |
June 24, 2020 |
November 20, 2021 |
No |
| Jiangmen Liuhe Feed Co., Ltd |
100,000,000.00 |
February 20, 2020 |
February 19, 2021 |
No |
| Jiangxi New Hope Farming Technology Co., Ltd |
20,000,000.00 |
June 23, 2020 |
June 23, 2021 |
No |
| Jiangyou New Hope Hypor Swine Breeding Co., Ltd |
10,000,000.00 |
June 29, 2020 |
June 28, 2021 |
No |
| Jinzhou New Hope Feed Co., Ltd |
6,000,000.00 |
March 15, 2020 |
March 14, 2021 |
No |
| Jinzhou New Hope Feed Co., Ltd |
23,000,000.00 |
March 20, 2020 |
March 19, 2021 |
No |
| Jinzhou New Hope Feed Co., Ltd |
6,000,000.00 |
April 13, 2020 |
April 12, 2021 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
March 21, 2022 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
September 21, 2022 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
March 21, 2023 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
September 21, 2023 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
March 21, 2024 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
September 21, 2024 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
March 21, 2025 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
September 21, 2025 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
March 21, 2026 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
September 21, 2026 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
March 21, 2027 |
No |
| Juye Xinhao Farming Co., Ltd |
6,861,016.64 |
July 9, 2020 |
June 22, 2027 |
No |
| Juye Xinhao Farming Co., Ltd |
8,700,000.00 |
August 7, 2020 |
March 21, 2022 |
No |
| Juye Xinhao Farming Co., Ltd |
12,200,000.00 |
August 7, 2020 |
September 21, 2022 |
No |
| Juye Xinhao Farming Co., Ltd |
12,200,000.00 |
August 7, 2020 |
March 21, 2023 |
No |
| Juye Xinhao Farming Co., Ltd |
17,450,000.00 |
August 7, 2020 |
September 21, 2023 |
No |
| Juye Xinhao Farming Co., Ltd |
17,450,000.00 |
August 7, 2020 |
March 21, 2024 |
No |
| Juye Xinhao Farming Co., Ltd |
17,450,000.00 |
August 7, 2020 |
September 21, 2024 |
No |
| Juye Xinhao Farming Co., Ltd |
17,450,000.00 |
August 7, 2020 |
March 21, 2025 |
No |
| Juye Xinhao Farming Co., Ltd |
17,450,000.00 |
August 7, 2020 |
September 21, 2025 |
No |
| Juye Xinhao Farming Co., Ltd |
17,450,000.00 |
August 7, 2020 |
March 21, 2026 |
No |
| Juye Xinhao Farming Co., Ltd |
17,450,000.00 |
August 7, 2020 |
September 21, 2026 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
August 7, 2020 |
March 21, 2027 |
No |
| Juye Xinhao Farming Co., Ltd |
10,538,983.36 |
August 7, 2020 |
June 22, 2027 |
No |
| Juye Xinhao Farming Co., Ltd |
500,000.00 |
August 12, 2020 |
March 21, 2022 |
No |
| Juye Xinhao Farming Co., Ltd |
500,000.00 |
August 12, 2020 |
September 21, 2022 |
No |
| Juye Xinhao Farming Co., Ltd |
500,000.00 |
August 12, 2020 |
March 21, 2023 |
No |
| Juye Xinhao Farming Co., Ltd |
700,000.00 |
August 12, 2020 |
September 21, 2023 |
No |
| Juye Xinhao Farming Co., Ltd |
700,000.00 |
August 12, 2020 |
March 21, 2024 |
No |
| Juye Xinhao Farming Co., Ltd |
1,000,000.00 |
August 12, 2020 |
September 21, 2024 |
No |
| Juye Xinhao Farming Co., Ltd |
1,000,000.00 |
August 12, 2020 |
March 21, 2025 |
No |
| Juye Xinhao Farming Co., Ltd |
1,100,000.00 |
August 12, 2020 |
September 21, 2025 |
No |
| Juye Xinhao Farming Co., Ltd |
1,100,000.00 |
August 12, 2020 |
March 21, 2026 |
No |
| Juye Xinhao Farming Co., Ltd |
1,100,000.00 |
August 12, 2020 |
September 21, 2026 |
No |
| Juye Xinhao Farming Co., Ltd |
700,000.00 |
August 12, 2020 |
March 21, 2027 |
No |
| Juye Xinhao Farming Co., Ltd |
709,343.20 |
August 12, 2020 |
June 22, 2027 |
No |
| Juye Xinhao Farming Co., Ltd |
8,250,000.00 |
August 21, 2020 |
March 21, 2022 |
No |
| Juye Xinhao Farming Co., Ltd |
4,750,000.00 |
August 21, 2020 |
September 21, 2022 |
No |
| Juye Xinhao Farming Co., Ltd |
12,250,000.00 |
August 21, 2020 |
March 21, 2023 |
No |
| Juye Xinhao Farming Co., Ltd |
6,800,000.00 |
August 21, 2020 |
September 21, 2023 |
No |
| Juye Xinhao Farming Co., Ltd |
6,800,000.00 |
August 21, 2020 |
March 21, 2024 |
No |
| Juye Xinhao Farming Co., Ltd |
6,500,000.00 |
August 21, 2020 |
September 21, 2024 |
No |
| Juye Xinhao Farming Co., Ltd |
3,500,000.00 |
August 21, 2020 |
March 21, 2025 |
No |
| Juye Xinhao Farming Co., Ltd |
1,400,000.00 |
August 21, 2020 |
September 21, 2025 |
No |
| Juye Xinhao Farming Co., Ltd |
1,400,000.00 |
August 21, 2020 |
March 21, 2026 |
No |
| Juye Xinhao Farming Co., Ltd |
390,000.00 |
August 21, 2020 |
September 21, 2026 |
No |
| Juye Xinhao Farming Co., Ltd |
60,000.00 |
August 21, 2020 |
March 21, 2027 |
No |
| Juye Xinhao Farming Co., Ltd |
40,656.80 |
August 21, 2020 |
June 22, 2027 |
No |
| Juye Xinhao Farming Co., Ltd |
50,000.00 |
July 9, 2020 |
September 21, 2021 |
No |
| Juye Xinhao Farming Co., Ltd |
8,700,000.00 |
August 7, 2020 |
September 21, 2021 |
No |
| Juye Xinhao Farming Co., Ltd |
500,000.00 |
August 12, 2020 |
September 21, 2021 |
No |
| Juye Xinhao Farming Co., Ltd |
15,750,000.00 |
August 21, 2020 |
September 21, 2021 |
No |
| Kunming New Hope Animal Nutritious Food Co., Ltd |
70,000,000.00 |
November 2, 2020 |
October 28, 2021 |
No |
| Kunming New Hope Agricultural Technology Co., Ltd |
20,000,000.00 |
September 21, 2020 |
September 17, 2021 |
No |
| Laibin Xinhao Farming Co., Ltd |
100,000,000.00 |
April 21, 2020 |
April 20, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
41,415,981.50 |
April 17, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
25,602,001.20 |
May 12, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
987,316.18 |
June 22, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
28,109,239.95 |
June 28, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
15,478,104.50 |
July 1, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
68,888,953.26 |
August 4, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,097,500.00 |
August 27, 2020 |
June 11, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,097,500.00 |
August 27, 2020 |
December 20, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,097,500.00 |
August 27, 2020 |
June 11, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,097,500.00 |
August 27, 2020 |
December 20, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,097,500.00 |
August 27, 2020 |
June 11, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,097,500.00 |
August 27, 2020 |
December 20, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,097,500.00 |
August 27, 2020 |
June 20, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
4,583,178.76 |
September 1, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
13,462,942.18 |
September 15, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 11, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 11, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 11, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 20, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 20, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2026 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 20, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2027 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 20, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2028 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 20, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2029 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
3,301,366.41 |
October 20, 2020 |
April 9, 2030 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
2,031,959.07 |
October 28, 2020 |
April 28, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
2,031,959.07 |
October 28, 2020 |
October 28, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
2,031,959.07 |
October 28, 2020 |
April 28, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
2,031,959.07 |
October 28, 2020 |
October 28, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
2,031,959.07 |
October 28, 2020 |
April 28, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
2,031,959.07 |
October 28, 2020 |
October 28, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
2,031,959.07 |
October 28, 2020 |
April 28, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,159,795.37 |
October 28, 2020 |
October 28, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
464,929.05 |
November 10, 2020 |
April 28, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
464,929.05 |
November 10, 2020 |
October 28, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
464,929.05 |
November 10, 2020 |
April 28, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
464,929.05 |
November 10, 2020 |
October 28, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
464,929.05 |
November 10, 2020 |
April 28, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
464,929.05 |
November 10, 2020 |
October 28, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
464,929.05 |
November 10, 2020 |
April 28, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
2,324,645.25 |
November 10, 2020 |
October 28, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
942,603.53 |
November 25, 2020 |
April 28, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
942,603.53 |
November 25, 2020 |
October 28, 2022 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
942,603.53 |
November 25, 2020 |
April 28, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
942,603.53 |
November 25, 2020 |
October 28, 2023 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
942,603.53 |
November 25, 2020 |
April 28, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
942,603.53 |
November 25, 2020 |
October 28, 2024 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
942,603.53 |
November 25, 2020 |
April 28, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
4,713,017.63 |
November 25, 2020 |
October 28, 2025 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
June 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
350,000.00 |
April 17, 2020 |
December 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
June 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
250,000.00 |
May 12, 2020 |
December 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
June 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 22, 2020 |
December 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
June 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
June 28, 2020 |
December 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
June 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
July 1, 2020 |
December 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
June 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
150,000.00 |
August 4, 2020 |
December 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
10,097,500.00 |
August 27, 2020 |
December 20, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
June 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 1, 2020 |
December 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
June 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
September 15, 2020 |
December 21, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
June 11, 2021 |
No |
| Laixi New Hope Liuhe Farming Co., Ltd |
50,000.00 |
October 20, 2020 |
December 20, 2021 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
2,000,000.00 |
November 18, 2020 |
May 20, 2022 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
2,000,000.00 |
November 18, 2020 |
November 18, 2022 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
5,000,000.00 |
November 18, 2020 |
May 19, 2023 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
15,000,000.00 |
November 18, 2020 |
November 17, 2023 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
10,000,000.00 |
November 18, 2020 |
May 20, 2024 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
15,000,000.00 |
November 18, 2020 |
November 20, 2024 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
5,000,000.00 |
November 18, 2020 |
May 20, 2025 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
15,000,000.00 |
November 18, 2020 |
November 5, 2025 |
No |
| Laiyang Xinmu Breeding Co., Ltd |
1,000,000.00 |
November 18, 2020 |
November 25, 2021 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
10,000,000.00 |
April 30, 2020 |
May 20, 2022 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
20,000,000.00 |
April 30, 2020 |
November 18, 2022 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
35,000,000.00 |
April 30, 2020 |
May 19, 2023 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
50,000,000.00 |
April 30, 2020 |
November 17, 2023 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
60,000,000.00 |
April 30, 2020 |
May 20, 2024 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
2,000,000.00 |
April 30, 2020 |
November 20, 2024 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
15,000,000.00 |
April 30, 2020 |
April 18, 205 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
2,000,000.00 |
April 30, 2020 |
May 20, 2021 |
No |
| Laiyang Xinhao Livestock Co., Ltd |
2,000,000.00 |
April 30, 2020 |
November 19, 2021 |
No |
| Liquan New Hope Liuhe Farming Co., Ltd |
10,000,000.00 |
September 29, 2020 |
May 20, 2022 |
No |
| Liquan New Hope Liuhe Farming Co., Ltd |
10,000,000.00 |
September 29, 2020 |
November 20, 2022 |
No |
| Liquan New Hope Liuhe Farming Co., Ltd |
18,000,000.00 |
September 29, 2020 |
May 20, 2023 |
No |
| Liquan New Hope Liuhe Farming Co., Ltd |
7,800,000.00 |
September 29, 2020 |
November 20, 2023 |
No |
| Liquan New Hope Liuhe Farming Co., Ltd |
10,000,000.00 |
September 29, 2020 |
September 28, 2021 |
No |
| Liquan New Hope Liuhe Farming Co., Ltd |
10,000,000.00 |
September 29, 2020 |
November 20, 2021 |
No |
| Liaoning Kingley Food Co., Ltd |
50,000,000.00 |
October 16, 2020 |
October 15, 2021 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
3,000,000.00 |
March 27, 2020 |
June 11, 2022 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
2,386,700.00 |
March 27, 2020 |
December 20, 2022 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
20,000,000.00 |
March 27, 2020 |
June 11, 2023 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
12,533,800.00 |
March 27, 2020 |
December 20, 2023 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
42,267,100.00 |
March 27, 2020 |
June 11, 2024 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
40,000,000.00 |
March 27, 2020 |
December 20, 2024 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
44,282,700.00 |
March 27, 2020 |
June 20, 2020 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
40,000,000.00 |
March 27, 2020 |
December 20, 2025 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
45,610,500.00 |
March 27, 2020 |
June 20, 2026 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
40,000,000.00 |
March 27, 2020 |
December 20, 2026 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
45,715,400.00 |
March 27, 2020 |
June 20, 2027 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
40,000,000.00 |
March 27, 2020 |
December 20, 2027 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
47,605,400.00 |
March 27, 2020 |
June 20, 2028 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
40,000,000.00 |
March 27, 2020 |
December 20, 2028 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
10,000,000.00 |
March 27, 2020 |
June 20, 2029 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
10,000,000.00 |
March 27, 2020 |
December 20, 2029 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
8,000,000.00 |
March 27, 2020 |
March 27, 2030 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
1,000,000.00 |
March 27, 2020 |
June 11, 2021 |
No |
| Liaoning Xinwang Techonlogy Co., Ltd |
1,000,000.00 |
March 27, 2020 |
December 20, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
508,290.85 |
December 12, 2019 |
June 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
508,290.87 |
December 12, 2019 |
December 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
508,290.87 |
December 12, 2019 |
June 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
508,290.87 |
December 12, 2019 |
December 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
508,290.87 |
December 12, 2019 |
June 15, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
508,290.87 |
December 12, 2019 |
November 22, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,000,000.00 |
December 20, 2019 |
June 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,000,000.00 |
December 20, 2019 |
December 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,000,000.00 |
December 20, 2019 |
June 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,000,000.00 |
December 20, 2019 |
December 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,000,000.00 |
December 20, 2019 |
June 15, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,000,000.00 |
December 20, 2019 |
November 24, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
January 3, 2020 |
June 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
January 3, 2020 |
December 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
January 3, 2020 |
June 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
January 3, 2020 |
December 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
January 3, 2020 |
June 15, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
January 3, 2020 |
November 24, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
February 20, 2020 |
June 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
February 20, 2020 |
December 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
February 20, 2020 |
June 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
February 20, 2020 |
December 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
February 20, 2020 |
June 15, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
February 20, 2020 |
November 24, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
7,000,000.00 |
May 28, 2020 |
June 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
7,000,000.00 |
May 28, 2020 |
December 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
7,000,000.00 |
May 28, 2020 |
June 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
7,000,000.00 |
May 28, 2020 |
December 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
7,000,000.00 |
May 28, 2020 |
June 15, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
7,000,000.00 |
May 28, 2020 |
November 24, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,555,500.00 |
August 31, 2020 |
June 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,555,500.00 |
August 31, 2020 |
December 15, 2022 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,555,500.00 |
August 31, 2020 |
June 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,555,500.00 |
August 31, 2020 |
December 15, 2023 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,555,500.00 |
August 31, 2020 |
June 15, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,556,000.00 |
August 31, 2020 |
November 24, 2024 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
508,290.87 |
December 12, 2019 |
June 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
508,290.87 |
December 12, 2019 |
December 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,000,000.00 |
December 20, 2019 |
June 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,000,000.00 |
December 20, 2019 |
December 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
January 3, 2020 |
June 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
January 3, 2020 |
December 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
February 20, 2020 |
June 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
3,000,000.00 |
February 20, 2020 |
December 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
7,000,000.00 |
May 28, 2020 |
June 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
7,000,000.00 |
May 28, 2020 |
December 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,555,500.00 |
August 31, 2020 |
June 15, 2021 |
No |
| Liaocheng Xinhao Farming Co., Ltd |
5,555,500.00 |
August 31, 2020 |
December 15, 2021 |
No |
| Liuzhou Xinliu Farming Technology Co., Ltd |
4,000,000.00 |
October 27, 2020 |
October 10, 2022 |
No |
| Liuzhou Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 27, 2020 |
October 10, 2023 |
No |
| Liuzhou Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 27, 2020 |
October 10, 2024 |
No |
| Liuzhou Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 27, 2020 |
October 10, 2025 |
No |
| Liuzhou Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 27, 2020 |
October 10, 2026 |
No |
| Liuzhou Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 27, 2020 |
October 10, 2027 |
No |
| Liuzhou Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 27, 2020 |
October 10, 2028 |
No |
| Liuhe Feed (Huaian) Co., Ltd |
15,000,000.00 |
December 3, 2020 |
December 2, 20201 |
No |
| Liuhe Feed (Huaian) Co., Ltd |
25,000,000.00 |
June 18, 2020 |
June 3, 2021 |
No |
| Longhai New Hope Liuhe Farming Co., Ltd |
3,000,000.00 |
December 23, 2020 |
December 21, 2025 |
No |
| Longhui New Hope Liuhe Farming Co., Ltd |
12,900,000.00 |
November 6, 2020 |
November 20, 2022 |
No |
| Longhui New Hope Liuhe Farming Co., Ltd |
12,100,000.00 |
November 6, 2020 |
November 20, 2021 |
No |
| Nanjing Xinmu Farming Co., Ltd |
8,250,000.00 |
September 22, 2020 |
March 22, 2022 |
No |
| Nanjing Xinmu Farming Co., Ltd |
8,250,000.00 |
September 22, 2020 |
September 22, 2022 |
No |
| Nanjing Xinmu Farming Co., Ltd |
4,714,286.00 |
September 22, 2020 |
March 22, 2023 |
No |
| Nanjing Xinmu Farming Co., Ltd |
4,714,286.00 |
September 22, 2020 |
September 22, 2023 |
No |
| Nanjing Xinmu Farming Co., Ltd |
4,714,286.00 |
September 22, 2020 |
March 22, 2024 |
No |
| Nanjing Xinmu Farming Co., Ltd |
4,714,286.00 |
September 22, 2020 |
September 22, 2024 |
No |
| Nanjing Xinmu Farming Co., Ltd |
4,714,286.00 |
September 22, 2020 |
March 22, 2025 |
No |
| Nanjing Xinmu Farming Co., Ltd |
4,714,286.00 |
September 22, 2020 |
September 22, 2025 |
No |
| Nanjing Xinmu Farming Co., Ltd |
6,250,000.00 |
November 2, 2020 |
April 1, 2022 |
No |
| Nanjing Xinmu Farming Co., Ltd |
6,250,000.00 |
November 2, 2020 |
October 1, 2022 |
No |
| Nanjing Xinmu Farming Co., Ltd |
6,250,000.00 |
November 2, 2020 |
April 1, 2023 |
No |
| Nanjing Xinmu Farming Co., Ltd |
6,250,000.00 |
November 2, 2020 |
October 1, 2023 |
No |
| Nanjing Xinmu Farming Co., Ltd |
6,250,000.00 |
November 2, 2020 |
April 1, 2024 |
No |
| Nanjing Xinmu Farming Co., Ltd |
6,250,000.00 |
November 2, 2020 |
October 1, 2024 |
No |
| Nanjing Xinmu Farming Co., Ltd |
6,250,000.00 |
November 2, 2020 |
April 1, 2025 |
No |
| Nanjing Xinmu Farming Co., Ltd |
6,250,000.00 |
November 2, 2020 |
August 12, 2025 |
No |
| Nanjing Xinmu Farming Co., Ltd |
10,607,143.00 |
September 22, 2020 |
March 22, 2021 |
No |
| Nanjing Xinmu Farming Co., Ltd |
10,607,143.00 |
September 22, 2020 |
September 22, 2021 |
No |
| Nanning Wuming District Xinliu Farming Technology Co., Ltd |
50,000,000.00 |
June 16, 2020 |
May 28, 2021 |
No |
| Nanning Wuming District Xinliu Farming Technology Co., Ltd |
70,000,000.00 |
September 28, 2020 |
May 28, 2021 |
No |
| Nanning Xinliu Farming Technology Co., Ltd |
30,000,000.00 |
April 14, 2020 |
April 13, 2022 |
No |
| Nanning Xinliu Farming Technology Co., Ltd |
2,000,000.00 |
April 14, 2020 |
April 13, 2023 |
No |
| Nanning Xinliu Farming Technology Co., Ltd |
28,000,000.00 |
April 14, 2020 |
April 13, 2023 |
No |
| Nanning Xinliu Farming Technology Co., Ltd |
22,000,000.00 |
April 14, 2020 |
April 13, 2024 |
No |
| Nanning Xinliu Farming Technology Co., |
8,000,000.00 |
April 14, 2020 |
April 13, 2024 |
No |
| Ltd |
|
|
|
|
| Nanning Xinliu Farming Technology Co., Ltd |
15,000,000.00 |
April 14, 2020 |
April 13, 2025 |
No |
| Nanning Xinliu Farming Technology Co., Ltd |
20,000,000.00 |
April 14, 2020 |
April 13, 2021 |
No |
| Nanning New Hope Farming Technology Co., Ltd |
50,000,000.00 |
May 22, 2020 |
May 19, 2021 |
No |
| Nanning New Hope Farming Technology Co., Ltd |
100,000,000.00 |
June 23, 2020 |
May 19, 2021 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
4,200,000.00 |
July 20, 2020 |
January 20, 2022 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
4,666,600.00 |
July 20, 2020 |
July 20, 2022 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
4,666,600.00 |
July 20, 2020 |
January 20, 2023 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
4,666,600.00 |
July 20, 2020 |
July 20, 2023 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
4,666,600.00 |
July 20, 2020 |
July 20, 2024 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,333,400.00 |
July 20, 2020 |
January 20, 2025 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,333,400.00 |
July 20, 2020 |
July 20, 2025 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,333,400.00 |
July 20, 2020 |
January 20, 2026 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,333,400.00 |
July 20, 2020 |
July 20, 2026 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,333,400.00 |
July 20, 2020 |
January 20, 2027 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,333,400.00 |
July 20, 2020 |
July 20, 2027 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
14,000,000.00 |
July 20, 2020 |
January 20, 2028 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
14,000,000.00 |
July 20, 2020 |
July 20, 2028 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
14,000,000.00 |
July 20, 2020 |
January 20, 2029 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
14,000,000.00 |
July 20, 2020 |
July 19, 2029 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
2,700,000.00 |
October 1, 2020 |
January 20, 2022 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
3,000,000.00 |
October 1, 2020 |
July 20, 2022 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
3,000,000.00 |
October 1, 2020 |
January 20, 2023 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
3,000,000.00 |
October 1, 2020 |
July 20, 2023 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
3,000,000.00 |
October 1, 2020 |
January 20, 2024 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
3,000,000.00 |
October 1, 2020 |
July 20, 2024 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 1, 2020 |
January 20, 2025 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 1, 2020 |
July 20, 2025 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 1, 2020 |
January 20, 2026 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 1, 2020 |
July 20, 2026 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 1, 2020 |
January 20, 2027 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
6,000,000.00 |
October 1, 2020 |
July 20, 2027 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,000,000.00 |
October 1, 2020 |
January 20, 2028 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,000,000.00 |
October 1, 2020 |
July 20, 2028 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,000,000.00 |
October 1, 2020 |
January 20, 2029 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
9,000,000.00 |
October 1, 2020 |
July 19, 2029 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
466,600.00 |
July 20, 2020 |
July 20, 2021 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
4,666,600.00 |
July 20, 2020 |
January 20, 2021 |
No |
| Neiqiu Xinliu Farming Technology Co., Ltd |
300,000.00 |
October 1, 2020 |
July 20, 2021 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
5,750,000.00 |
July 3, 2020 |
January 3, 2022 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
5,750,000.00 |
July 3, 2020 |
January 3, 2022 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
5,750,000.00 |
July 3, 2020 |
July 3, 2022 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
5,750,000.00 |
July 3, 2020 |
January 3, 2023 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
5,750,000.00 |
July 3, 2020 |
July 3, 2023 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
5,750,000.00 |
July 3, 2020 |
January 3, 2024 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
5,750,000.00 |
July 3, 2020 |
July 3, 2024 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
5,750,000.00 |
July 3, 2020 |
January 3, 2025 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
August 28, 2020 |
January 3, 2022 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
August 28, 2020 |
July 3, 2022 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
August 28, 2020 |
January 3, 2023 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
August 28, 2020 |
July 3, 2023 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
August 28, 2020 |
January 3, 2024 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
August 28, 2020 |
July 3, 2024 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
August 28, 2020 |
January 3, 2025 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
August 28, 2020 |
July 3, 2025 |
No |
| Ningbo New Hope Liuhe Farming Co., |
2,500,000.00 |
October 15, 2020 |
January 3, 2022 |
No |
| Ltd |
|
|
|
|
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
October 15, 2020 |
July 3, 2022 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
October 15, 2020 |
January 3, 2023 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
October 15, 2020 |
July 3, 2023 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
October 15, 2020 |
January 3, 2024 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
October 15, 2020 |
July 3, 2024 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
October 15, 2020 |
January 3, 2025 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
October 15, 2020 |
July 3, 2025 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
November 25, 2020 |
January 3, 2022 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
November 25, 2020 |
July 3, 2022 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
November 25, 2020 |
January 3, 2023 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
November 25, 2020 |
July 3, 2023 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
November 25, 2020 |
January 3, 2024 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
November 25, 2020 |
July 3, 2024 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
November 25, 2020 |
January 3, 2025 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
2,500,000.00 |
November 25, 2020 |
July 3, 2025 |
No |
| Ningbo New Hope Liuhe Farming Co., Ltd |
8,000,000.00 |
November 25, 2020 |
November 24, 2021 |
No |
| Ningming Xinhao Farming Co., Ltd |
20,000,000.00 |
April 14, 2020 |
April 13, 2022 |
No |
| Ningming Xinhao Farming Co., Ltd |
30,000,000.00 |
April 14, 2020 |
April 13, 2023 |
No |
| Ningming Xinhao Farming Co., Ltd |
30,000,000.00 |
April 14, 2020 |
April 13, 2024 |
No |
| Ningming Xinhao Farming Co., Ltd |
30,000,000.00 |
April 14, 2020 |
April 13, 2025 |
No |
| Ningming Xinhao Farming Co., Ltd |
30,000,000.00 |
April 14, 2020 |
April 13, 2026 |
No |
| Ningming Xinhao Farming Co., Ltd |
15,000,000.00 |
April 14, 2020 |
April 13, 2027 |
No |
| Ningming Xinhao Farming Co., Ltd |
15,000,000.00 |
April 14, 2020 |
April 13, 2028 |
No |
| Ningming Xinhao Farming Co., Ltd |
15,000,000.00 |
April 14, 2020 |
April 13, 2029 |
No |
| Ningming Xinhao Farming Co., Ltd |
15,000,000.00 |
April 14, 2020 |
April 13, 2032 |
No |
| Ningming Xinhao Farming Co., Ltd |
5,000,000.00 |
June 12, 2020 |
April 13, 2022 |
No |
| Ningming Xinhao Farming Co., Ltd |
7,500,000.00 |
June 12, 2020 |
April 13, 2023 |
No |
| Ningming Xinhao Farming Co., Ltd |
7,500,000.00 |
June 12, 2020 |
April 13, 2024 |
No |
| Ningming Xinhao Farming Co., Ltd |
7,500,000.00 |
June 12, 2020 |
April 13, 2025 |
No |
| Ningming Xinhao Farming Co., Ltd |
7,500,000.00 |
June 12, 2020 |
April 13, 2026 |
No |
| Ningming Xinhao Farming Co., Ltd |
3,750,000.00 |
June 12, 2020 |
April 13, 2027 |
No |
| Ningming Xinhao Farming Co., Ltd |
3,750,000.00 |
June 12, 2020 |
April 13, 2028 |
No |
| Ningming Xinhao Farming Co., Ltd |
3,750,000.00 |
June 12, 2020 |
April 13, 2029 |
No |
| Ningming Xinhao Farming Co., Ltd |
3,750,000.00 |
June 12, 2020 |
April 13, 2032 |
No |
| Ningming Xinhao Farming Co., Ltd |
10,000,000.00 |
June 29, 2020 |
April 13, 2022 |
No |
| Ningming Xinhao Farming Co., Ltd |
15,000,000.00 |
June 29, 2020 |
April 13, 2023 |
No |
| Ningming Xinhao Farming Co., Ltd |
15,000,000.00 |
June 29, 2020 |
April 13, 2024 |
No |
| Ningming Xinhao Farming Co., Ltd |
15,000,000.00 |
June 29, 2020 |
April 13, 2025 |
No |
| Ningming Xinhao Farming Co., Ltd |
15,000,000.00 |
June 29, 2020 |
April 13, 2026 |
No |
| Ningming Xinhao Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
April 13, 2027 |
No |
| Ningming Xinhao Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
April 13, 2028 |
No |
| Ningming Xinhao Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
April 13, 2029 |
No |
| Ningming Xinhao Farming Co., Ltd |
7,500,000.00 |
June 29, 2020 |
April 13, 2032 |
No |
| Pucheng Xinliu Technology Co., Ltd |
1,297,500.00 |
November 20, 2020 |
May 23, 2022 |
No |
| Pucheng Xinliu Technology Co., Ltd |
1,297,500.00 |
November 20, 2020 |
November 23, 2022 |
No |
| Pucheng Xinliu Technology Co., Ltd |
1,297,500.00 |
November 20, 2020 |
May 23, 2023 |
No |
| Pucheng Xinliu Technology Co., Ltd |
1,297,500.00 |
November 20, 2020 |
November 23, 2023 |
No |
| Pucheng Xinliu Technology Co., Ltd |
1,297,500.00 |
November 20, 2020 |
May 23, 2024 |
No |
| Pucheng Xinliu Technology Co., Ltd |
1,297,500.00 |
November 20, 2020 |
November 23, 2024 |
No |
| Pucheng Xinliu Technology Co., Ltd |
1,297,500.00 |
November 20, 2020 |
May 23, 2025 |
No |
| Pucheng Xinliu Technology Co., Ltd |
1,297,500.00 |
November 20, 2020 |
November 23, 2025 |
No |
| Rugao Xinhao Farming Co., Ltd |
50,000,000.00 |
October 15, 2020 |
October 14, 2023 |
No |
| Rugao Xinhao Farming Co., Ltd |
40,000,000.00 |
May 20, 2020 |
May 19, 2021 |
No |
| Ruian New Hope Liuhe Farming Co., Ltd |
1,000,000.00 |
November 13, 2020 |
June 21, 2023 |
No |
| Ruian New Hope Liuhe Farming Co., Ltd |
4,000,000.00 |
November 13, 2020 |
December 21, 2023 |
No |
| Ruian New Hope Liuhe Farming Co., Ltd |
5,000,000.00 |
November 13, 2020 |
June 21, 2024 |
No |
| Ruian New Hope Liuhe Farming Co., Ltd |
15,000,000.00 |
November 13, 2020 |
December 21, 2024 |
No |
| Ruian New Hope Liuhe Farming Co., Ltd |
15,000,000.00 |
November 13, 2020 |
June 21, 2025 |
No |
| Ruian New Hope Liuhe Farming Co., Ltd |
10,000,000.00 |
November 13, 2020 |
November 13, 2025 |
No |
| Santai New Hope Farming Technology Co., Ltd |
10,000,000.00 |
January 3, 2020 |
January 2, 2021 |
No |
| Shandong New Hope Liuhe Group Co., Ltd |
40,000,000.00 |
April 29, 2020 |
April 29, 2023 |
No |
| Shandong New Hope Liuhe Group Co., Ltd |
100,000,000.00 |
November 22, 2019 |
November 22, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
3,340,000.00 |
May 19, 2020 |
June 11, 2022 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
3,340,000.00 |
May 19, 2020 |
December 20, 2022 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
5,000,000.00 |
May 19, 2020 |
June 11, 2023 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
5,000,000.00 |
May 19, 2020 |
December 20, 2023 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
10,000,000.00 |
May 19, 2020 |
June 11, 2024 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
10,000,000.00 |
May 19, 2020 |
December 20, 2024 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
10,000,000.00 |
May 19, 2020 |
June 20, 2025 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
10,000,000.00 |
May 19, 2020 |
December 20, 2025 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
10,000,000.00 |
May 19, 2020 |
June 20, 2026 |
No |
| Shenze New Hope Liuhe Breeding Co., |
10,000,000.00 |
May 19, 2020 |
December 20, 2026 |
No |
| Ltd |
|
|
|
|
| Shenze New Hope Liuhe Breeding Co., Ltd |
6,670,000.00 |
May 19, 2020 |
June 20, 2027 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
6,670,000.00 |
May 19, 2020 |
December 20, 2027 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
6,630,000.00 |
May 19, 2020 |
May 06, 2028 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,333,333.00 |
June 28, 2020 |
June 11, 2022 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,333,333.00 |
June 28, 2020 |
December 20, 2022 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,000,000.00 |
June 28, 2020 |
June 11, 2023 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,000,000.00 |
June 28, 2020 |
December 20, 2023 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
4,000,000.00 |
June 28, 2020 |
June 11, 2024 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
4,000,000.00 |
June 28, 2020 |
December 20, 2024 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
4,000,000.00 |
June 28, 2020 |
June 20, 2025 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
4,000,000.00 |
June 28, 2020 |
December 20, 2025 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
4,000,000.00 |
June 28, 2020 |
June 20, 2026 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
4,000,000.00 |
June 28, 2020 |
December 20, 2026 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,666,667.00 |
June 28, 2020 |
June 20, 2027 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,666,667.00 |
June 28, 2020 |
December 20, 2027 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,666,667.00 |
June 28, 2020 |
May 06, 2028 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,300,000.00 |
June 30, 2020 |
June 11, 2022 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,300,000.00 |
June 30, 2020 |
December 20, 2022 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,950,000.00 |
June 30, 2020 |
June 11, 2023 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,950,000.00 |
June 30, 2020 |
December 20, 2023 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
3,900,000.00 |
June 30, 2020 |
June 11, 2024 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
3,900,000.00 |
June 30, 2020 |
December 20, 2024 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
3,900,000.00 |
June 30, 2020 |
June 20, 2025 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
3,900,000.00 |
June 30, 2020 |
December 20, 2025 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
3,900,000.00 |
June 30, 2020 |
June 20, 2026 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
3,900,000.00 |
June 30, 2020 |
December 20, 2026 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,600,000.00 |
June 30, 2020 |
June 20, 2027 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,600,000.00 |
June 30, 2020 |
December 20, 2027 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,600,000.00 |
June 30, 2020 |
May 06, 2028 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
766,666.00 |
December 1, 2020 |
June 11, 2022 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
766,666.00 |
December 1, 2020 |
December 20, 2022 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,150,000.00 |
December 1, 2020 |
June 11, 2023 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,150,000.00 |
December 1, 2020 |
December 20, 2023 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,300,000.00 |
December 1, 2020 |
June 11, 2024 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,300,000.00 |
December 1, 2020 |
December 20, 2024 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,300,000.00 |
December 1, 2020 |
June 20, 2025 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,300,000.00 |
December 1, 2020 |
December 20, 2025 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,300,000.00 |
December 1, 2020 |
June 20, 2026 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
2,300,000.00 |
December 1, 2020 |
December 20, 2026 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,533,334.00 |
December 1, 2020 |
June 20, 2027 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,533,334.00 |
December 1, 2020 |
December 20, 2027 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,533,334.00 |
December 1, 2020 |
May 06, 2028 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
340,000.00 |
May 19, 2020 |
April 20, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,340,000.00 |
May 19, 2020 |
June 11, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
1,670,000.00 |
May 19, 2020 |
December 20, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
133,333.00 |
June 28, 2020 |
April 20, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
533,333.00 |
June 28, 2020 |
June 11, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
666,667.00 |
June 28, 2020 |
December 20, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
130,000.00 |
June 30, 2020 |
April 20, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
520,000.00 |
June 30, 2020 |
June 11, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
650,000.00 |
June 30, 2020 |
December 20, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
76,666.00 |
December 1, 2020 |
April 20, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
306,666.00 |
December 1, 2020 |
June 11, 2021 |
No |
| Shenze New Hope Liuhe Breeding Co., Ltd |
383,334.00 |
December 1, 2020 |
December 20, 2021 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
2,000,000.00 |
September 1, 2020 |
March 08, 2022 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
2,000,000.00 |
September 1, 2020 |
September 8, 2022 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
2,000,000.00 |
September 1, 2020 |
March 08, 2023 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
60,000,000.00 |
September 1, 2020 |
August 18, 2023 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
1,000,000.00 |
September 1, 2020 |
March 08, 2022 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
1,000,000.00 |
September 1, 2020 |
September 8, 2022 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
1,000,000.00 |
September 1, 2020 |
March 08, 2023 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
15,000,000.00 |
September 1, 2020 |
August 18, 2023 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
2,000,000.00 |
September 1, 2020 |
March 08, 2021 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
2,000,000.00 |
September 1, 2020 |
September 8, 2021 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
1,000,000.00 |
September 1, 2020 |
March 08, 2021 |
No |
| Shuozhou Xinhao Farming Co., Ltd |
1,000,000.00 |
September 1, 2020 |
September 8, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
9,116,112.21 |
September 21, 2020 |
March 20, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
1,168,755.29 |
September 25, 2020 |
March 24, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
4,981,009.22 |
September 29, 2020 |
March 28, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
670,097.00 |
October 13, 2020 |
April 12, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
1,293,133.14 |
October 14, 2020 |
April 13, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
240,262.80 |
October 16, 2020 |
April 15, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
1,510,523.00 |
October 20, 2020 |
April 19, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
11,644,352.10 |
October 23, 2020 |
April 22, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
2,079,750.00 |
October 26, 2020 |
April 25, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
3,926,211.65 |
November 2, 2020 |
May 2, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
3,637,432.80 |
November 5, 2020 |
May 15, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
287,586.00 |
November 6, 2020 |
May 16, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
2,109,347.62 |
November 13, 2020 |
May 13, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
732,345.58 |
November 17, 2020 |
May 17, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
5,543,260.00 |
November 6, 2020 |
May 06, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
2,111,550.00 |
November 10, 2020 |
May 10, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
8,861,386.00 |
November 20, 2020 |
May 20, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
7,557,588.29 |
November 30, 2020 |
May 31, 2021 |
No |
| Sichuan Xinhe Import & Export Co., Ltd |
2,151,400.00 |
December 10, 2020 |
June 10, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
22,788,519.19 |
October 15, 2020 |
January 15, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
22,468,421.00 |
October 19, 2020 |
January 19, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
25,603,849.65 |
October 21, 2020 |
January 21, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
29,450,617.87 |
October 23, 2020 |
January 23, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
11,295,760.25 |
October 27, 2020 |
January 27, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
37,030,760.64 |
October 30, 2020 |
January 30, 2021 |
No |
| Sichuan New Hope Liuhe Farming Co., Ltd |
20,000,000.00 |
February 10, 2020 |
January 31, 2022 |
No |
| Sichuan New Hope Liuhe Farming Co., Ltd |
160,000,000.00 |
February 10, 2020 |
January 31, 2023 |
No |
| Sichuan New Hope Liuhe Farming Co., Ltd |
420,000,000.00 |
March 24, 2020 |
March 24, 2022 |
No |
| Sichuan New Hope Liuhe Farming Co., |
190,000,000.00 |
February 27, 2020 |
February 27, 2021 |
No |
| Ltd |
|
|
|
|
| Sichuan New Hope Liuhe Farming Co., Ltd |
9,000,000.00 |
February 10, 2020 |
January 31, 2021 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
1,750,000.00 |
August 27, 2020 |
June 21, 2022 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
August 27, 2020 |
December 21, 2022 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
August 27, 2020 |
June 21, 2023 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
December 21, 2023 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
June 21, 2024 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
December 21, 2024 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
June 21, 2025 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
December 21, 2025 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
June 21, 2026 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
December 21, 2026 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
June 21, 2027 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
1,750,000.00 |
August 27, 2020 |
June 21, 2022 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
August 27, 2020 |
December 21, 2022 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
August 27, 2020 |
June 21, 2023 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
December 21, 2023 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
June 21, 2024 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
December 21, 2024 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
June 21, 2025 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
December 21, 2025 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
June 21, 2026 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
December 21, 2026 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
10,000,000.00 |
August 27, 2020 |
June 21, 2027 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
1,750,000.00 |
August 27, 2020 |
December 21, 2021 |
No |
| Taiqian Xinliu Farming Technology Co., Ltd |
1,750,000.00 |
August 27, 2020 |
December 21, 2021 |
No |
| Tangshan Xinhao Farming Co., Ltd |
15,000,000.00 |
April 24, 2020 |
April 23, 2022 |
No |
| Tangshan Xinhao Farming Co., Ltd |
40,500,000.00 |
April 24, 2020 |
October 23, 2022 |
No |
| Tangshan Xinhao Farming Co., Ltd |
40,500,000.00 |
April 24, 2020 |
April 23, 2023 |
No |
| Tangshan Xinhao Farming Co., Ltd |
40,500,000.00 |
April 24, 2020 |
October 23, 2023 |
No |
| Tangshan Xinhao Farming Co., Ltd |
40,500,000.00 |
April 24, 2020 |
April 23, 2024 |
No |
| Tangshan Xinhao Farming Co., Ltd |
40,500,000.00 |
April 24, 2020 |
October 23, 2024 |
No |
| Tangshan Xinhao Farming Co., Ltd |
40,500,000.00 |
April 24, 2020 |
April 23, 2025 |
No |
| Tangshan Xinhao Farming Co., Ltd |
3,610,000.00 |
May 8, 2020 |
April 27, 2022 |
No |
| Tangshan Xinhao Farming Co., Ltd |
3,800,000.00 |
May 8, 2020 |
October 27, 2022 |
No |
| Tangshan Xinhao Farming Co., Ltd |
3,800,000.00 |
May 8, 2020 |
April 27, 2023 |
No |
| Tangshan Xinhao Farming Co., Ltd |
5,700,000.00 |
May 8, 2020 |
October 27, 2023 |
No |
| Tangshan Xinhao Farming Co., Ltd |
5,700,000.00 |
May 8, 2020 |
April 27, 2024 |
No |
| Tangshan Xinhao Farming Co., Ltd |
7,600,000.00 |
May 8, 2020 |
October 27, 2024 |
No |
| Tangshan Xinhao Farming Co., Ltd |
7,600,000.00 |
May 8, 2020 |
April 27, 2025 |
No |
| Tangshan Xinhao Farming Co., Ltd |
9,500,000.00 |
May 8, 2020 |
October 27, 2025 |
No |
| Tangshan Xinhao Farming Co., Ltd |
9,500,000.00 |
May 8, 2020 |
April 27, 2026 |
No |
| Tangshan Xinhao Farming Co., Ltd |
11,400,000.00 |
May 8, 2020 |
October 27, 2026 |
No |
| Tangshan Xinhao Farming Co., Ltd |
11,400,000.00 |
May 8, 2020 |
April 27, 2027 |
No |
| Tangshan Xinhao Farming Co., Ltd |
17,100,000.00 |
May 8, 2020 |
October 27, 2027 |
No |
| Tangshan Xinhao Farming Co., Ltd |
17,100,000.00 |
May 8, 2020 |
April 27, 2028 |
No |
| Tangshan Xinhao Farming Co., Ltd |
8,645,000.00 |
May 25, 2020 |
April 27, 2022 |
No |
| Tangshan Xinhao Farming Co., Ltd |
9,100,000.00 |
May 25, 2020 |
October 27, 2022 |
No |
| Tangshan Xinhao Farming Co., Ltd |
9,100,000.00 |
May 25, 2020 |
April 27, 2023 |
No |
| Tangshan Xinhao Farming Co., Ltd |
13,650,000.00 |
May 25, 2020 |
October 27, 2023 |
No |
| Tangshan Xinhao Farming Co., Ltd |
13,650,000.00 |
May 25, 2020 |
April 27, 2024 |
No |
| Tangshan Xinhao Farming Co., Ltd |
18,200,000.00 |
May 25, 2020 |
October 27, 2024 |
No |
| Tangshan Xinhao Farming Co., Ltd |
18,200,000.00 |
May 25, 2020 |
April 27, 2025 |
No |
| Tangshan Xinhao Farming Co., Ltd |
22,750,000.00 |
May 25, 2020 |
October 27, 2025 |
No |
| Tangshan Xinhao Farming Co., Ltd |
22,750,000.00 |
May 25, 2020 |
April 27, 2026 |
No |
| Tangshan Xinhao Farming Co., Ltd |
27,300,000.00 |
May 25, 2020 |
October 27, 2026 |
No |
| Tangshan Xinhao Farming Co., Ltd |
27,300,000.00 |
May 25, 2020 |
April 27, 2027 |
No |
| Tangshan Xinhao Farming Co., Ltd |
40,950,000.00 |
May 25, 2020 |
October 27, 2027 |
No |
| Tangshan Xinhao Farming Co., Ltd |
40,950,000.00 |
May 25, 2020 |
April 27, 2028 |
No |
| Tangshan Xinhao Farming Co., Ltd |
100,000,000.00 |
August 31, 2020 |
August 30, 2023 |
No |
| Tangshan Xinhao Farming Co., Ltd |
15,000,000.00 |
April 24, 2020 |
October 23, 2021 |
No |
| Tangshan Xinhao Farming Co., Ltd |
190,000.00 |
May 8, 2020 |
April 27, 2021 |
No |
| Tangshan Xinhao Farming Co., Ltd |
455,000.00 |
May 25, 2020 |
April 27, 2021 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
December 24, 2019 |
December 23, 2021 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
December 24, 2019 |
May 20, 2022 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
December 24, 2019 |
November 20, 2022 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
December 24, 2019 |
May 20, 2023 |
No |
| Weinan Xinliu Technology Co., Ltd |
12,500,000.00 |
December 24, 2019 |
November 20, 2023 |
No |
| Weinan Xinliu Technology Co., Ltd |
500,000.00 |
January 2, 2020 |
November 20, 2023 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
May 20, 2024 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
November 20, 2024 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
May 20, 2025 |
No |
| Weinan Xinliu Technology Co., Ltd |
15,000,000.00 |
January 2, 2020 |
November 20, 2025 |
No |
| Weinan Xinliu Technology Co., Ltd |
15,000,000.00 |
January 2, 2020 |
May 20, 2026 |
No |
| Weinan Xinliu Technology Co., Ltd |
500,000.00 |
January 2, 2020 |
November 20, 2026 |
No |
| Weinan Xinliu Technology Co., Ltd |
12,500,000.00 |
January 17, 2020 |
November 20, 2026 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 17, 2020 |
May 20, 2027 |
No |
| Weinan Xinliu Technology Co., Ltd |
12,000,000.00 |
January 17, 2020 |
November 20, 2027 |
No |
| Weinan Xinliu Technology Co., Ltd |
12,000,000.00 |
January 17, 2020 |
May 20, 2028 |
No |
| Weinan Xinliu Technology Co., Ltd |
11,000,000.00 |
January 17, 2020 |
November 20, 2028 |
No |
| Weinan Xinliu Technology Co., Ltd |
11,000,000.00 |
January 17, 2020 |
May 20, 2029 |
No |
| Weinan Xinliu Technology Co., Ltd |
11,000,000.00 |
January 17, 2020 |
November 20, 2029 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 17, 2020 |
May 20, 2030 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 17, 2020 |
November 20, 2030 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 17, 2020 |
May 20, 2031 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 17, 2020 |
December 23, 2031 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 2, 2020 |
January 1, 2022 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 2, 2020 |
May 20, 2022 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 2, 2020 |
November 20, 2022 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 2, 2020 |
May 20, 2023 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
November 20, 2023 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
May 20, 2024 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
November 20, 2024 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
May 20, 2025 |
No |
| Weinan Xinliu Technology Co., Ltd |
15,000,000.00 |
January 2, 2020 |
November 20, 2025 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
May 20, 2026 |
No |
| Weinan Xinliu Technology Co., Ltd |
2,000,000.00 |
January 2, 2020 |
May 20, 2026 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
November 20, 2026 |
No |
| Weinan Xinliu Technology Co., Ltd |
13,000,000.00 |
January 2, 2020 |
May 20, 2027 |
No |
| Weinan Xinliu Technology Co., Ltd |
2,000,000.00 |
January 2, 2020 |
November 20, 2027 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 19, 2020 |
November 20, 2027 |
No |
| Weinan Xinliu Technology Co., Ltd |
9,000,000.00 |
January 19, 2020 |
May 20, 2020 |
No |
| Weinan Xinliu Technology Co., Ltd |
3,000,000.00 |
January 19, 2020 |
May 20, 2028 |
No |
| Weinan Xinliu Technology Co., Ltd |
11,000,000.00 |
January 19, 2020 |
November 20, 2028 |
No |
| Weinan Xinliu Technology Co., Ltd |
11,000,000.00 |
January 19, 2020 |
May 20, 2029 |
No |
| Weinan Xinliu Technology Co., Ltd |
11,000,000.00 |
January 19, 2020 |
November 20, 2029 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 19, 2020 |
May 20, 2030 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 19, 2020 |
November 20, 2030 |
No |
| Weinan Xinliu Technology Co., Ltd |
10,000,000.00 |
January 19, 2020 |
May 20, 2031 |
No |
| Weinan Xinliu Technology Co., Ltd |
5,000,000.00 |
January 19, 2020 |
November 20, 2031 |
No |
| Weinan Xinliu Technology Co., Ltd |
5,000,000.00 |
January 19, 2020 |
January 1, 2032 |
No |
| Wuqi Xinliu Technology Co., Ltd |
5,000,000.00 |
September 15, 2020 |
May 20, 2022 |
No |
| Wuqi Xinliu Technology Co., Ltd |
5,000,000.00 |
September 15, 2020 |
November 20, 2022 |
No |
| Wuqi Xinliu Technology Co., Ltd |
5,000,000.00 |
September 15, 2020 |
May 20, 2023 |
No |
| Wuqi Xinliu Technology Co., Ltd |
5,000,000.00 |
September 15, 2020 |
November 20, 2023 |
No |
| Wuqi Xinliu Technology Co., Ltd |
10,000,000.00 |
September 15, 2020 |
May 20, 2024 |
No |
| Wuqi Xinliu Technology Co., Ltd |
10,000,000.00 |
September 15, 2020 |
November 20, 2024 |
No |
| Wuqi Xinliu Technology Co., Ltd |
10,000,000.00 |
September 15, 2020 |
May 20, 2025 |
No |
| Wuqi Xinliu Technology Co., Ltd |
10,000,000.00 |
September 15, 2020 |
November 20, 2025 |
No |
| Wuqi Xinliu Technology Co., Ltd |
11,000,000.00 |
September 15, 2020 |
May 20, 2026 |
No |
| Wuqi Xinliu Technology Co., Ltd |
11,000,000.00 |
September 15, 2020 |
November 20, 2026 |
No |
| Wuqi Xinliu Technology Co., Ltd |
11,000,000.00 |
September 15, 2020 |
May 20, 2027 |
No |
| Wuqi Xinliu Technology Co., Ltd |
11,000,000.00 |
September 15, 2020 |
November 20, 2027 |
No |
| Wuqi Xinliu Technology Co., Ltd |
11,000,000.00 |
September 15, 2020 |
May 20, 2028 |
No |
| Wuqi Xinliu Technology Co., Ltd |
11,000,000.00 |
September 15, 2020 |
November 20, 2028 |
No |
| Wuqi Xinliu Technology Co., Ltd |
11,000,000.00 |
September 15, 2020 |
May 20, 2029 |
No |
| Wuqi Xinliu Technology Co., Ltd |
11,000,000.00 |
September 15, 2020 |
November 20, 2029 |
No |
| Wuqi Xinliu Technology Co., Ltd |
2,000,000.00 |
September 15, 2020 |
May 20, 2030 |
No |
| Wuqi Xinliu Technology Co., Ltd |
5,000,000.00 |
September 15, 2020 |
September 14, 2021 |
No |
| Wuqi Xinliu Technology Co., Ltd |
5,000,000.00 |
September 15, 2020 |
November 20, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
June 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
December 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
June 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
December 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
June 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
December 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
June 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
December 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
June 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
December 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
26,933,539.92 |
May 20, 2020 |
May 11, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,000,000.00 |
May 22, 2020 |
June 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,000,000.00 |
May 22, 2020 |
December 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,010,000.00 |
May 22, 2020 |
June 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,010,000.00 |
May 22, 2020 |
December 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,010,000.00 |
May 22, 2020 |
June 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,010,000.00 |
May 22, 2020 |
December 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,010,000.00 |
May 22, 2020 |
June 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,010,000.00 |
May 22, 2020 |
December 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,010,000.00 |
May 22, 2020 |
June 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,010,000.00 |
May 22, 2020 |
December 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
59,920,000.00 |
May 22, 2020 |
May 14, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
6,393,714.50 |
June 4, 2020 |
June 3, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
6,393,714.50 |
June 4, 2020 |
December 3, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
6,393,714.50 |
June 4, 2020 |
June 3, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
6,393,714.50 |
June 4, 2020 |
December 3, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
6,393,714.50 |
June 4, 2020 |
June 3, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
6,393,714.50 |
June 4, 2020 |
December 3, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
6,393,714.50 |
June 4, 2020 |
June 3, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
8,500,000.00 |
July 28, 2020 |
June 3, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
8,500,000.00 |
July 28, 2022 |
December 3, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
8,500,000.00 |
July 28, 2020 |
June 3, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
8,500,000.00 |
July 28, 2020 |
December 3, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
8,500,000.00 |
July 28, 2020 |
June 3, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
8,500,000.00 |
July 28, 2020 |
December 3, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
8,500,000.00 |
July 28, 2020 |
June 3, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
June 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
December 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
June 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
December 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
June 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
December 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
June 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
December 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
June 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
December 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
10,741,208.57 |
September 3, 2020 |
May 11, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
September 29, 2020 |
June 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
September 29, 2020 |
December 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., |
3,333,300.00 |
September 29, 2020 |
June 21, 2023 |
No |
| Ltd |
|
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
September 29, 2020 |
December 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
September 29, 2020 |
June 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
September 29, 2020 |
December 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
September 29, 2020 |
June 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
September 29, 2020 |
December 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
September 29, 2020 |
June 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
September 29, 2020 |
December 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
September 29, 2020 |
June 21, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
September 29, 2020 |
December 21, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
5,000,000.00 |
September 29, 2020 |
June 21, 2028 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
5,000,000.00 |
September 29, 2020 |
September 28, 2028 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
June 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
December 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
June 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
December 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
June 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
December 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
June 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
December 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
June 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
December 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
43,697,521.25 |
October 10, 2020 |
May 11, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
October 21, 2020 |
June 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
October 21, 2020 |
December 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
October 21, 2020 |
June 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
October 21, 2020 |
December 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
October 21, 2020 |
June 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
October 21, 2020 |
December 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
October 21, 2020 |
June 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
October 21, 2020 |
December 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
October 21, 2020 |
June 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
October 21, 2020 |
December 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
October 21, 2020 |
June 21, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
October 21, 2020 |
December 21, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
5,000,000.00 |
October 21, 2020 |
June 21, 2028 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
5,000,000.00 |
October 21, 2020 |
September 28, 2028 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
June 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
December 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
June 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
December 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
June 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
December 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
June 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
December 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
June 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
December 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
22,400,000.00 |
November 5, 2020 |
May 11, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
2,875,000.00 |
November 6, 2020 |
June 3, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
2,875,000.00 |
November 6, 2020 |
December 3, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
2,875,000.00 |
November 6, 2020 |
June 3, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
2,875,000.00 |
November 6, 2020 |
December 3, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
2,875,000.00 |
November 6, 2020 |
June 3, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
2,875,000.00 |
November 6, 2020 |
December 3, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
2,875,000.00 |
November 6, 2020 |
June 3, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., |
3,333,300.00 |
November 30, 2020 |
June 21, 2022 |
No |
| Ltd |
|
|
|
|
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
November 30, 2020 |
December 21, 2022 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
November 30, 2020 |
June 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
November 30, 2020 |
December 21, 2023 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
November 30, 2020 |
June 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
November 30, 2020 |
December 21, 2024 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
November 30, 2020 |
June 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,300.00 |
November 30, 2020 |
December 21, 2025 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
November 30, 2020 |
June 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
November 30, 2020 |
December 21, 2026 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
November 30, 2020 |
June 21, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
3,333,400.00 |
November 30, 2020 |
December 21, 2027 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
5,000,000.00 |
November 30, 2020 |
June 21, 2028 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
5,000,000.00 |
November 30, 2020 |
September 28, 2028 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000,000.00 |
October 23, 2020 |
October 11, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
June 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
May 20, 2020 |
December 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,000,000.00 |
May 22, 2020 |
June 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
20,000,000.00 |
May 22, 2020 |
December 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
6,393,714.68 |
June 4, 2020 |
December 3, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
8,500,000.00 |
July 28, 2020 |
December 3, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
June 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
100,000.00 |
September 3, 2020 |
December 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
June 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
October 10, 2020 |
December 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
June 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
50,000.00 |
November 5, 2020 |
December 21, 2021 |
No |
| Wuhe New Hope Liuhe Livestock Co., Ltd |
2,875,000.00 |
November 6, 2020 |
December 3, 2021 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
March 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
June 11, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
September 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
December 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
March 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
June 11, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
September 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
December 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
March 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
June 11, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
September 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
December 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
March 20, 2025 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
June 20, 2025 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
March 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
June 11, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
September 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
December 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
March 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
June 11, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
September 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
December 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
March 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
June 11, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
September 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
December 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
March 20, 2025 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
June 20, 2025 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
March 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
June 11, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
September 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
December 20, 2022 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
March 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
June 11, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
September 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
December 20, 2023 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
March 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
June 11, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
September 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
December 20, 2024 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
March 20, 2025 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
June 20, 2025 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
September 20, 2021 |
No |
| Wulian Xinhao Farming Co., Ltd |
2,375,000.00 |
June 24, 2020 |
December 20, 2021 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
September 20, 2021 |
No |
| Wulian Xinhao Farming Co., Ltd |
1,250,000.00 |
July 31, 2020 |
December 20, 2021 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
September 20, 2021 |
No |
| Wulian Xinhao Farming Co., Ltd |
750,000.00 |
August 31, 2020 |
December 20, 2021 |
No |
| Xiajin New Hope Liuhe Farming Co., Ltd |
59,000,000.00 |
February 28, 2020 |
February 24, 2026 |
No |
| Xiajin New Hope Liuhe Farming Co., Ltd |
12,000,000.00 |
March 12, 2020 |
February 24, 2026 |
No |
| Xiajin New Hope Liuhe Farming Co., Ltd |
13,720,000.00 |
March 26, 2020 |
February 24, 2026 |
No |
| Xiajin New Hope Liuhe Farming Co., Ltd |
13,710,000.00 |
March 26, 2020 |
February 24, 2026 |
No |
| Xiantao Liuhe Feed Co., Ltd |
9,000,000.00 |
March 18, 2020 |
March 17, 2021 |
No |
| Xiantao Liuhe Feed Co., Ltd |
11,000,000.00 |
March 25, 2020 |
March 24, 2021 |
No |
| Xiangyang New Hope Liuhe Feed Co., Ltd |
10,000,000.00 |
November 9, 2020 |
November 8, 2021 |
No |
| Xiangyang New Hope Liuhe Feed Co., Ltd |
9,000,000.00 |
March 26, 2020 |
March 25, 2021 |
No |
| Xiangyang New Hope Liuhe Feed Co., Ltd |
9,000,000.00 |
April 14, 2020 |
April 16, 2021 |
No |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
50,000,000.00 |
March 11, 2020 |
March 11, 2021 |
No |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
44,830,000.00 |
April 16, 2020 |
April 16, 2021 |
No |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
6,000,000.00 |
April 28, 2020 |
April 28, 2021 |
No |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
39,170,000.00 |
May 07, 2020 |
May 07, 2021 |
No |
| Xiaoyi New Hope Liuhe Food Co., Ltd |
60,000,000.00 |
May 20, 2020 |
May 20, 2021 |
No |
| New Hope Singapore Pte. Ltd |
114,185,750.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
114,185,750.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
130,498,000.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
228,371,500.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
326,245,000.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
326,245,000.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
326,245,000.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
391,494,000.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
326,245,000.00 |
October 19, 2020 |
October 19, 2023 |
No |
| New Hope Singapore Pte. Ltd |
97,873,500.00 |
July 5, 2016 |
September 30, 2022 |
No |
| New Hope Singapore Pte. Ltd |
48,936,750.00 |
July 5, 2016 |
March 15, 2021 |
No |
| New Hope Singapore Pte. Ltd |
48,936,750.00 |
July 5, 2016 |
September 15, 2021 |
No |
| Xingren Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
September 30, 2020 |
September 28, 2022 |
No |
| Xingren Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
September 30, 2020 |
September 28, 2023 |
No |
| Xingren Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
September 30, 2020 |
September 28, 2024 |
No |
| Xingren Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
September 30, 2020 |
September 28, 2025 |
No |
| Xingren Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
September 30, 2020 |
September 28, 2026 |
No |
| Xingren Xinliu Farming Technology Co., Ltd |
8,250,000.00 |
September 30, 2020 |
September 28, 2027 |
No |
| Xingren Xinliu Farming Technology Co., Ltd |
5,500,000.00 |
September 30, 2020 |
September 28, 2021 |
No |
| Yantai Xinhao Farming Co., Ltd |
11,600,000.00 |
October 12, 2020 |
February 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
11,600,000.00 |
October 12, 2020 |
August 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
11,600,000.00 |
October 12, 2020 |
February 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
11,600,000.00 |
October 12, 2020 |
August 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
11,600,000.00 |
October 12, 2020 |
February 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
11,600,000.00 |
October 12, 2020 |
August 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
11,600,000.00 |
October 12, 2020 |
February 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
11,600,000.00 |
October 12, 2020 |
August 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
112,797.00 |
October 15, 2020 |
February 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
112,797.00 |
October 15, 2020 |
August 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
112,797.00 |
October 15, 2020 |
February 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
112,797.00 |
October 15, 2020 |
August 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
112,797.00 |
October 15, 2020 |
February 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
112,797.00 |
October 15, 2020 |
August 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
112,797.00 |
October 15, 2020 |
February 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
112,794.90 |
October 15, 2020 |
August 27, 205 |
No |
| Yantai Xinhao Farming Co., Ltd |
51,569.00 |
October 22, 2020 |
February 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
51,569.00 |
October 22, 2020 |
August 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
51,569.00 |
October 22, 2020 |
February 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
51,569.00 |
October 22, 2020 |
August 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
51,569.00 |
October 22, 2020 |
February 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
51,569.00 |
October 22, 2020 |
August 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
51,569.00 |
October 22, 2020 |
February 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
51,561.60 |
October 22, 2020 |
August 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
160,733.00 |
October 28, 2020 |
February 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
160,733.00 |
October 28, 2020 |
August 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
160,733.00 |
October 28, 2020 |
February 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
160,733.00 |
October 28, 2020 |
August 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
160,733.00 |
October 28, 2020 |
February 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
160,733.00 |
October 28, 2020 |
August 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
160,733.00 |
October 28, 2020 |
February 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
160,726.00 |
October 28, 2020 |
August 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
14,000.00 |
November 3, 2020 |
February 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
14,000.00 |
November 3, 2020 |
August 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
14,000.00 |
November 3, 2020 |
February 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
14,000.00 |
November 3, 2020 |
August 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
14,000.00 |
November 3, 2020 |
February 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
14,000.00 |
November 3, 2020 |
August 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
14,000.00 |
November 3, 2020 |
February 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
14,000.00 |
November 3, 2020 |
August 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
550,769.00 |
November 19, 2020 |
February 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
550,769.00 |
November 19, 2020 |
August 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
550,769.00 |
November 19, 2020 |
February 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
550,769.00 |
November 19, 2020 |
August 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
550,769.00 |
November 19, 2020 |
February 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
550,769.00 |
November 19, 2020 |
August 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
550,769.00 |
November 19, 2020 |
February 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
550,765.35 |
November 19, 2020 |
August 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
June 15, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
December 15, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
June 14, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
December 15, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
June 14, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
December 13, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
June 16, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
31,000,000.00 |
October 27, 2020 |
October 13, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
368,919.14 |
November 25, 2020 |
February 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
368,919.14 |
November 25, 2020 |
August 27, 2022 |
No |
| Yantai Xinhao Farming Co., Ltd |
368,919.14 |
November 25, 2020 |
February 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
368,919.14 |
November 25, 2020 |
August 27, 2023 |
No |
| Yantai Xinhao Farming Co., Ltd |
368,919.14 |
November 25, 2020 |
February 27, 2024 |
No |
| Yantai Xinhao Farming Co., Ltd |
368,919.14 |
November 25, 2020 |
August 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
368,919.14 |
November 25, 2020 |
February 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
368,919.13 |
November 25, 2020 |
August 27, 2025 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
October 15, 2021 |
No |
| Yantai Xinhao Farming Co., Ltd |
1,000,000.00 |
October 27, 2020 |
December 14, 2021 |
No |
| Yanting Xinhao Farming Co., Ltd |
340,000.00 |
September 30, 2019 |
March 21, 2022 |
No |
| Yanting Xinhao Farming Co., Ltd |
3,000,000.00 |
September 30, 2019 |
September 21, 2022 |
No |
| Yanting Xinhao Farming Co., Ltd |
1,170,000.00 |
September 30, 2019 |
March 21, 2023 |
No |
| Yanting Xinhao Farming Co., Ltd |
8,000,000.00 |
September 30, 2019 |
September 21, 2023 |
No |
| Yanting Xinhao Farming Co., Ltd |
3,310,000.00 |
September 30, 2019 |
March 21, 2024 |
No |
| Yanting Xinhao Farming Co., Ltd |
10,000,000.00 |
September 30, 2019 |
September 30, 2024 |
No |
| Yanting Xinhao Farming Co., Ltd |
780,000.00 |
September 30, 2019 |
March 21, 2022 |
No |
| Yanting Xinhao Farming Co., Ltd |
7,000,000.00 |
September 30, 2019 |
September 21, 2022 |
No |
| Yanting Xinhao Farming Co., Ltd |
1,390,000.00 |
September 30, 2019 |
March 21, 2023 |
No |
| Yanting Xinhao Farming Co., Ltd |
20,000,000.00 |
September 30, 2019 |
September 21, 2023 |
No |
| Yanting Xinhao Farming Co., Ltd |
1,100,000.00 |
September 30, 2019 |
March 21, 2024 |
No |
| Yanting Xinhao Farming Co., Ltd |
30,000,000.00 |
September 30, 2019 |
September 30, 2024 |
No |
| Yanting Xinhao Farming Co., Ltd |
340,000.00 |
December 30, 2019 |
March 21, 2022 |
No |
| Yanting Xinhao Farming Co., Ltd |
3,000,000.00 |
December 30, 2019 |
September 21, 2022 |
No |
| Yanting Xinhao Farming Co., Ltd |
1,170,000.00 |
December 30, 2019 |
March 21, 2023 |
No |
| Yanting Xinhao Farming Co., Ltd |
8,000,000.00 |
December 30, 2019 |
September 21, 2023 |
No |
| Yanting Xinhao Farming Co., Ltd |
3,310,000.00 |
December 30, 2019 |
March 21, 2024 |
No |
| Yanting Xinhao Farming Co., Ltd |
10,000,000.00 |
December 30, 2019 |
September 30, 2024 |
No |
| Yanting Xinhao Farming Co., Ltd |
60,000,000.00 |
August 31, 2020 |
April 30, 2021 |
No |
| Yanting Xinhao Farming Co., Ltd |
50,000,000.00 |
October 30, 2020 |
October 29, 2021 |
No |
| Yanting Xinhao Farming Co., Ltd |
280,000.00 |
December 21, 2020 |
June 21, 2022 |
No |
| Yanting Xinhao Farming Co., Ltd |
280,000.00 |
December 21, 2020 |
December 21, 2022 |
No |
| Yanting Xinhao Farming Co., Ltd |
380,000.00 |
December 21, 2020 |
June 21, 2023 |
No |
| Yanting Xinhao Farming Co., Ltd |
380,000.00 |
December 21, 2020 |
December 21, 2023 |
No |
| Yanting Xinhao Farming Co., Ltd |
380,000.00 |
December 21, 2020 |
June 21, 2024 |
No |
| Yanting Xinhao Farming Co., Ltd |
470,000.00 |
December 21, 2020 |
December 21, 2024 |
No |
| Yanting Xinhao Farming Co., Ltd |
470,000.00 |
December 21, 2020 |
June 21, 2025 |
No |
| Yanting Xinhao Farming Co., Ltd |
460,000.00 |
December 21, 2020 |
December 3, 2025 |
No |
| Yanting Xinhao Farming Co., Ltd |
340,000.00 |
September 30, 2019 |
March 21, 2021 |
No |
| Yanting Xinhao Farming Co., Ltd |
3,000,000.00 |
September 30, 2019 |
September 21, 2021 |
No |
| Yanting Xinhao Farming Co., Ltd |
780,000.00 |
September 30, 2019 |
March 21, 2021 |
No |
| Yanting Xinhao Farming Co., Ltd |
7,000,000.00 |
September 30, 2019 |
September 21, 2021 |
No |
| Yanting Xinhao Farming Co., Ltd |
340,000.00 |
December 30, 2019 |
March 21, 2021 |
No |
| Yanting Xinhao Farming Co., Ltd |
3,000,000.00 |
December 30, 2019 |
September 21, 2021 |
No |
| Yanshi Liuhe Feed Co., Ltd |
40,000,000.00 |
March 24, 2020 |
March 24, 2021 |
No |
| Yanggu Liuhe Luxin Food Co., Ltd |
5,000,000.00 |
December 23, 2020 |
December 22, 2021 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
10,000,000.00 |
September 24, 2019 |
June 11, 2022 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
10,000,000.00 |
September 24, 2019 |
December 20, 2022 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
7,000,000.00 |
September 24, 2019 |
June 11, 2023 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
3,000,000.00 |
September 24, 2019 |
July 20, 2023 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
10,000,000.00 |
September 24, 2019 |
December 20, 2023 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
28,000,000.00 |
September 24, 2019 |
September 23, 2024 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
12,000,000.00 |
September 24, 2019 |
September 24, 2024 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
5,000,000.00 |
September 24, 2019 |
June 11, 2021 |
No |
| Yangling Besun Agricultural Industry Group Co., Ltd |
5,000,000.00 |
September 24, 2019 |
December 20, 2021 |
No |
| Yijun Liuhe Technology Co., Ltd |
6,000,000.00 |
November 15, 2019 |
May 20, 2022 |
No |
| Yijun Liuhe Technology Co., Ltd |
6,000,000.00 |
November 15, 2019 |
November 20, 2022 |
No |
| Yijun Liuhe Technology Co., Ltd |
6,500,000.00 |
November 15, 2019 |
May 20, 2023 |
No |
| Yijun Liuhe Technology Co., Ltd |
6,500,000.00 |
November 15, 2019 |
November 20, 2023 |
No |
| Yijun Liuhe Technology Co., Ltd |
8,000,000.00 |
November 15, 2019 |
May 20, 2024 |
No |
| Yijun Liuhe Technology Co., Ltd |
8,000,000.00 |
November 15, 2019 |
November 20, 2024 |
No |
| Yijun Liuhe Technology Co., Ltd |
8,000,000.00 |
November 15, 2019 |
May 20, 2025 |
No |
| Yijun Liuhe Technology Co., Ltd |
8,000,000.00 |
November 15, 2019 |
November 20, 2025 |
No |
| Yijun Liuhe Technology Co., Ltd |
9,000,000.00 |
November 15, 2019 |
May 20, 2026 |
No |
| Yijun Liuhe Technology Co., Ltd |
9,000,000.00 |
November 15, 2019 |
November 20, 2026 |
No |
| Yijun Liuhe Technology Co., Ltd |
9,500,000.00 |
November 15, 2019 |
May 20, 2027 |
No |
| Yijun Liuhe Technology Co., Ltd |
9,500,000.00 |
November 15, 2019 |
November 20, 2027 |
No |
| Yijun Liuhe Technology Co., Ltd |
9,000,000.00 |
November 15, 2019 |
May 20, 2028 |
No |
| Yijun Liuhe Technology Co., Ltd |
9,000,000.00 |
November 15, 2019 |
November 20, 2028 |
No |
| Yijun Liuhe Technology Co., Ltd |
8,000,000.00 |
November 15, 2019 |
May 20, 2029 |
No |
| Yijun Liuhe Technology Co., Ltd |
6,500,000.00 |
November 15, 2019 |
November 20, 2029 |
No |
| Yijun Liuhe Technology Co., Ltd |
1,500,000.00 |
January 19, 2020 |
November 20, 2029 |
No |
| Yijun Liuhe Technology Co., Ltd |
8,000,000.00 |
January 19, 2020 |
May 20, 2030 |
No |
| Yijun Liuhe Technology Co., Ltd |
8,000,000.00 |
January 19, 2020 |
November 20, 2030 |
No |
| Yijun Liuhe Technology Co., Ltd |
8,000,000.00 |
January 19, 2020 |
May 20, 2031 |
No |
| Yijun Liuhe Technology Co., Ltd |
7,500,000.00 |
January 19, 2020 |
November 14, 2031 |
No |
| Yijun Liuhe Technology Co., Ltd |
30,000,000.00 |
July 31, 2020 |
July 27, 2021 |
No |
| Yijun Liuhe Technology Co., Ltd |
5,500,000.00 |
November 15, 2019 |
November 14, 2021 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
171,000.00 |
August 18, 2020 |
December 20, 2021 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
6,669,000.00 |
August 18, 2020 |
June 11, 2022 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
6,669,000.00 |
August 18, 2020 |
December 20, 2022 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
13,338,000.00 |
August 18, 2020 |
June 11, 2023 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
13,338,000.00 |
August 18, 2020 |
December 20, 2023 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
13,338,000.00 |
August 18, 2020 |
June 11, 2024 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
13,338,000.00 |
August 18, 2020 |
December 20, 2024 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
16,663,000.00 |
August 18, 2020 |
June 20, 2025 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
16,663,000.00 |
August 18, 2020 |
December 20, 2025 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
13,338,000.00 |
August 18, 2020 |
June 20, 2026 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
13,338,000.00 |
August 18, 2020 |
December 20, 2026 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
13,338,000.00 |
August 18, 2020 |
June 20, 2027 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
13,338,000.00 |
August 18, 2020 |
December 20, 2027 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
9,994,000.00 |
August 18, 2020 |
June 20, 2028 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
6,669,000.00 |
August 18, 2020 |
December 20, 2028 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
6,669,000.00 |
August 18, 2020 |
June 20, 2029 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
6,669,000.00 |
August 18, 2020 |
December 20, 2029 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
3,325,000.00 |
August 18, 2020 |
June 20, 2030 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,964,000.00 |
August 18, 2020 |
December 20, 2030 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
3,435,850.00 |
September 25, 2020 |
March 25, 2022 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
3,435,850.00 |
September 25, 2020 |
September 25, 2022 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
3,435,850.00 |
September 25, 2020 |
March 25, 2023 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
3,435,850.00 |
September 25, 2020 |
September 25, 2023 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
March 25, 2024 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
September 25, 2024 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
March 25, 2025 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
September 25, 2025 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
March 25, 2026 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
September 25, 2026 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
March 25, 2027 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
September 25, 2027 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
March 25, 2028 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
4,872,660.00 |
September 25, 2020 |
September 25, 2028 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
171,000.00 |
August 18, 2020 |
June 11, 2021 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,157,886.00 |
October 13, 2020 |
June 11, 2022 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,157,894.74 |
October 13, 2020 |
December 20, 2022 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,315,789.47 |
October 13, 2020 |
June 11, 2023 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,315,789.47 |
October 13, 2020 |
December 20, 2023 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,315,789.47 |
October 13, 2020 |
June 11, 2024 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,315,789.47 |
October 13, 2020 |
December 20, 2024 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,894,736.84 |
October 13, 2020 |
June 20, 2025 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,894,736.84 |
October 13, 2020 |
December 20, 2025 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,315,789.47 |
October 13, 2020 |
June 20, 2026 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,315,789.47 |
October 13, 2020 |
December 20, 2026 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,315,789.47 |
October 13, 2020 |
June 20, 2027 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
2,315,789.47 |
October 13, 2020 |
December 20, 2027 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,736,842.11 |
October 13, 2020 |
June 20, 2028 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,157,894.74 |
October 13, 2020 |
December 20, 2028 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,157,894.74 |
October 13, 2020 |
June 20, 2029 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,157,894.74 |
October 13, 2020 |
December 20, 2029 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
578,947.37 |
October 13, 2020 |
June 20, 2030 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
521,052.63 |
October 13, 2020 |
July 26, 2030 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
771,929.82 |
October 21, 2020 |
June 11, 2022 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
771,929.82 |
October 21, 2020 |
December 20, 2022 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,543,859.65 |
October 21, 2020 |
June 11, 2023 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,543,859.65 |
October 21, 2020 |
December 20, 2023 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,543,859.65 |
October 21, 2020 |
June 11, 2024 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,543,859.65 |
October 21, 2020 |
December 20, 2024 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,929,824.56 |
October 21, 2020 |
June 20, 2025 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,929,824.56 |
October 21, 2020 |
December 20, 2025 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,543,859.65 |
October 21, 2020 |
June 20, 2026 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,543,859.65 |
October 21, 2020 |
December 20, 2026 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,543,859.65 |
October 21, 2020 |
June 20, 2027 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,543,859.65 |
October 21, 2020 |
December 20, 2027 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
1,157,894.74 |
October 21, 2020 |
June 20, 2028 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
771,929.82 |
October 21, 2020 |
December 20, 2028 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
771,929.82 |
October 21, 2020 |
June 20, 2029 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
771,929.82 |
October 21, 2020 |
December 20, 2029 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
385,964.91 |
October 21, 2020 |
June 20, 2030 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
347,368.42 |
October 21, 2020 |
July 26, 2030 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
28,947.37 |
October 13, 2020 |
June 11, 2021 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
28,947.37 |
October 13, 2020 |
December 20, 2021 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
19,298.25 |
October 21, 2020 |
June 11, 2021 |
No |
| Yingcheng Xinhao Farming Co., Ltd |
19,307.01 |
October 21, 2020 |
December 20, 2021 |
No |
| Yihai Agricultural Development Co., Ltd |
7,500,000.00 |
August 4, 2020 |
January 29, 2022 |
No |
| Yihai Agricultural Development Co., Ltd |
7,500,000.00 |
August 4, 2020 |
July 29, 2022 |
No |
| Yihai Agricultural Development Co., Ltd |
7,500,000.00 |
August 4, 2020 |
January 29, 2023 |
No |
| Yihai Agricultural Development Co., Ltd |
7,500,000.00 |
August 4, 2020 |
July 29, 2023 |
No |
| Yihai Agricultural Development Co., Ltd |
7,500,000.00 |
August 4, 2020 |
January 29, 2024 |
No |
| Yihai Agricultural Development Co., Ltd |
7,500,000.00 |
August 4, 2020 |
July 29, 2024 |
No |
| Yihai Agricultural Development Co., Ltd |
7,500,000.00 |
August 4, 2020 |
January 29, 2025 |
No |
| Yihai Agricultural Development Co., Ltd |
7,500,000.00 |
August 4, 2020 |
July 29, 2025 |
No |
| Yihai Agricultural Development Co., Ltd |
61,875.00 |
November 9, 2020 |
March 31, 2022 |
No |
| Yihai Agricultural Development Co., Ltd |
61,875.00 |
November 9, 2020 |
September 30, 2022 |
No |
| Yihai Agricultural Development Co., Ltd |
247,500.00 |
November 9, 2020 |
March 31, 2023 |
No |
| Yihai Agricultural Development Co., Ltd |
247,500.00 |
November 9, 2020 |
September 30, 2023 |
No |
| Yihai Agricultural Development Co., Ltd |
371,250.00 |
November 9, 2020 |
March 31, 2024 |
No |
| Yihai Agricultural Development Co., Ltd |
371,250.00 |
November 9, 2020 |
September 30, 2024 |
No |
| Yihai Agricultural Development Co., Ltd |
495,000.00 |
November 9, 2020 |
March 31, 2025 |
No |
| Yihai Agricultural Development Co., Ltd |
495,000.00 |
November 9, 2020 |
September 30, 2025 |
No |
| Yihai Agricultural Development Co., Ltd |
495,000.00 |
November 9, 2026 |
March 31, 2026 |
No |
| Yihai Agricultural Development Co., Ltd |
495,000.00 |
November 9, 2020 |
September 30, 2026 |
No |
| Yihai Agricultural Development Co., Ltd |
495,000.00 |
November 9, 2020 |
March 31, 2027 |
No |
| Yihai Agricultural Development Co., Ltd |
495,000.00 |
November 9, 2020 |
September 30, 2027 |
No |
| Yihai Agricultural Development Co., Ltd |
309,375.00 |
November 9, 2028 |
March 31, 2028 |
No |
| Yihai Agricultural Development Co., Ltd |
309,375.00 |
November 9, 2020 |
August 25, 2020 |
No |
| Chongqing Guoxiong Feed Co., Ltd |
30,000,000.00 |
April 16, 2020 |
April 15, 2021 |
No |
| Chongqing New Hope Feed Co., Ltd |
50,000,000.00 |
April 8, 2020 |
April 8, 2021 |
No |
| Chongqing New Hope Feed Co., Ltd |
50,000,000.00 |
April 23, 2020 |
April 23, 2021 |
No |
| Jiangmen Liuhe Feed Co., Ltd |
30,600,000.00 |
August 25, 2020 |
February 25, 2021 |
No |
| Jiangmen Liuhe Feed Co., Ltd |
8,500,000.00 |
November 9, 2020 |
May 9, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
8,643,332.10 |
August 17, 2020 |
February 17, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
1,700,000.00 |
August 17, 2020 |
February 17, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
1,870,000.00 |
August 24, 2020 |
February 24, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
899,640.00 |
September 21, 2020 |
March 21, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
8,415,000.00 |
September 25, 2020 |
March 25, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
2,196,825.00 |
September 27, 2020 |
March 27, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
1,217,200.00 |
October 23, 2020 |
April 23, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
5,890,500.00 |
October 28, 2020 |
April 27, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
2,975,000.00 |
November 12, 2020 |
May 12, 2021 |
No |
| Zhanjiang Guoxiong No. 1 Native Pig Feed Co., Ltd |
1,105,000.00 |
November 19, 2020 |
May 19, 2021 |
No |
| Zhanjiang Guoxiong Feed Co., Ltd |
30,000,000.00 |
July 14, 2020 |
January 14, 2021 |
No |
| Zhanjiang Guoxiong Feed Co., Ltd |
11,050,000.00 |
September 24, 2020 |
March 23, 2021 |
No |
| Zhanjiang Guoxiong Feed Co., Ltd |
3,825,000.00 |
October 21, 2020 |
April 21, 2021 |
No |
| Yangjiang Xinliu Farming Co., Ltd |
8,500,000.00 |
December 22, 2020 |
August 20, 2021 |
No |
| Yangjiang Xinliu Farming Co., Ltd |
8,500,000.00 |
December 22, 2020 |
November 12, 2021 |
No |
| Yangjiang Xinliu Farming Co., Ltd |
8,500,000.00 |
December 22, 2020 |
December 14, 2021 |
No |
| Yangjiang Xinliu Farming Co., Ltd |
8,500,000.00 |
October 30, 2020 |
September 15, 2021 |
No |
| Yangjiang Xinliu Farming Co., Ltd |
8,500,000.00 |
October 30, 2020 |
October 15, 2021 |
No |
| Nanchong New Hope Feed Co., Ltd |
2,400,000.00 |
September 7, 2020 |
September 11, 2021 |
No |
| Nanchong New Hope Feed Co., Ltd |
9,100,000.00 |
October 9, 2020 |
October 13, 2021 |
No |
| Nanchong New Hope Feed Co., Ltd |
7,300,000.00 |
October 28, 2020 |
October 30, 2021 |
No |
| Leting Liuhe Xinmeizi Food Co., Ltd |
24,800,000.00 |
October 14, 2020 |
October 12, 2021 |
No |
| Leting Liuhe Xinmeizi Food Co., Ltd |
15,200,000.00 |
October 16, 2020 |
October 15, 2021 |
No |
| Leting Liuhe Xinmeizi Broiler Breeding Co., Ltd |
16,000,000.00 |
October 10, 2020 |
October 9, 2021 |
No |
| Sichuan New Hope Liuhe Farming Co., Ltd Chengdu Branch |
7,427,400.00 |
July 6, 2020 |
January 6, 2021 |
No |
| Sichuan New Hope Liuhe Farming Co., Ltd Chengdu Branch |
1,776,000.00 |
July 30, 2020 |
January 30, 2021 |
No |
| Sichuan New Hope Liuhe Farming Co., Ltd Chengdu Branch |
331,200.00 |
August 7, 2020 |
February 07, 2021 |
No |
| Sichuan New Hope Liuhe Farming Co., Ltd Chengdu Branch |
1,931,200.00 |
August 21, 2020 |
February 21, 2021 |
No |
| Sichuan New Hope Liuhe Farming Co., |
2,560,000.00 |
September 3, 2020 |
March 3, 2021 |
No |
| Ltd Chengdu Branch |
|
|
|
|
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
105,280.00 |
October 14, 2020 |
January 14, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
3,000,000.00 |
October 21, 2020 |
January 21, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
1,216,000.00 |
October 29, 2020 |
January 29, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
8,078,000.00 |
August 7, 2020 |
February 07, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
3,888,000.00 |
August 12, 2020 |
February 12, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
1,236,000.00 |
November 12, 2020 |
February 12, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
232,000.00 |
November 17, 2020 |
February 17, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
1,680,000.00 |
August 21, 2020 |
February 21, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
7,378,032.00 |
August 26, 2020 |
February 26, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
272,000.00 |
August 28, 2020 |
February 28, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
8,514,000.00 |
September 3, 2020 |
March 3, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
996,000.00 |
December 4, 2020 |
March 4, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
3,268,000.00 |
December 11, 2020 |
March 11, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
4,658,320.00 |
September 18, 2020 |
March 18, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
220,000.00 |
December 18, 2020 |
March 18, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
12,721,200.00 |
September 22, 2020 |
March 22, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
919,040.00 |
September 25, 2020 |
March 25, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
1,256,000.00 |
December 25, 2020 |
March 25, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
765,600.00 |
October 14, 2020 |
April 14, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
3,450,080.00 |
October 21, 2020 |
April 21, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
3,603,200.00 |
October 23, 2020 |
April 23, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
2,478,320.00 |
October 29, 2020 |
April 29, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
19,768,800.00 |
November 4, 2020 |
May 04, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
2,893,920.00 |
November 12, 2020 |
May 12, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
211,200.00 |
November 17, 2020 |
May 17, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
1,573,600.00 |
November 20, 2020 |
May 20, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
2,745,600.00 |
November 26, 2020 |
May 26, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
2,000,000.00 |
December 2, 2020 |
June 2, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
20,397,600.00 |
December 4, 2020 |
June 4, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
6,609,360.00 |
December 11, 2020 |
June 11, 2021 |
No |
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
5,463,760.00 |
December 18, 2020 |
June 18, 2021 |
No |
| Total |
15,844,469,919.39 |
|
|
|
Note: 1. Guarantees provided among subsidiaries:
| Name of guarantor |
Mame of guaranteed party |
Amount guaranteed |
Start date of guarantee |
Expiry date of guarantee |
Whether the performance of guarantee was completed |
|---|
| New Hope Singapore Pte. Ltd |
. |
2,717,422.71 |
November 12, 2020 |
February 12,2021 |
, No |
| New Hope Singapore Pte. Ltd |
. |
19,293,400.00 |
October 5, 2020 |
January 5, 2021 |
No |
| New Hope Singapore Pte. Ltd |
. |
5,570,700.00 |
October 21, 2020 |
January 21, 2021 |
No |
| New Hope Singapore Pte. Ltd |
. |
1,358,695.70 |
October 19, 2020 |
January 19, 2020 |
No |
| New Hope Singapore Pte. Ltd |
. |
2,717,391.40 |
October 7, 2020 |
January 7, 2021 |
No |
| New Hope Singapore Pte. Ltd |
. |
1,358,695.70 |
October 5, 2020 |
January 7, 2021 |
No |
| New Hope Singapore Pte. Ltd |
. |
16,168,478.83 |
October 16, 2020 |
January 18, 2021 |
No |
| Shandong New Hope Liuhe Group Co., Ltd |
Fuxin Liuhe Farming Co.,Ltd |
50,000,000.00 |
April 2, 2020 |
April 1, 2021 |
No |
| Total |
|
99,184,784.34 |
|
|
|
2. Apart from the aforesaid guarantees provided to and among subsidiaries, the company had no other related-party guarantees.
(4) Related-party financial services
1. Notes
The company’s subsidiaries discount notes at the finance company due to purchase and sale business, as follows: 2. Deposits
| Name of related party |
Ending balance |
Beginning balance |
Current interest expenditure |
|---|
| New Hope Finance Co., Ltd |
4,555,999,241.35 |
4,733,170,584.48 |
155,481,234.36 |
| Name of related party |
Ending balance |
Beginning balance |
Current interest revenue |
|---|
| New Hope Finance Co., Ltd |
4,849,867,148.49 |
3,649,318,069.42 |
111,550,769.24 |
3. Loans
| Name of related party |
Ending balance |
Beginning balance |
Current interest expenditure |
|---|
| New Hope Finance Co., Ltd |
41,615,000.00 |
65,500,000.00 |
515,943.69 |
Note: a subsidiary of the company Weifang New Hope secured a financing of 20,000,000.00 Yuan from New Hope Finance Co., Ltd by means of sale-leaseback, and has repaid 14,000,000.00 Yuan, with the balance of 6,000,000.00 Yuan already included in the aforesaid loans.
(5) Funds borrowed from related parties
On March 5, 2020, the company held the 12th meeting of its 8th board of directors, deliberating and passing the “Proposal regarding Borrowings from Controlling Shareholder and Related-party Transactions”. According to the “Notice on Supporting Financial Enhancement Services and Properly Conducting COVID-19 Containment (Caijin [2020] No. 3), the company has a 1.0 billion Yuan anti-epidemic funding upon the request of the company’s controlling shareholder New Hope Group Co. Ltd, and has entered the national list of key anti-epidemic supporting enterprises. According to Caijin [2020] No. 3 document and guidelines related to anti-epidemic loans, the 1.0 billion Yuan anti-epidemic loan upon the request of the controlling shareholder of the company needs to be lent by financial institutions at the anti-epidemic preferential interest rate before being re-lent to the company by the controlling shareholder at the same interest rate. The loan interest rate does not exceed (inclusive) 2.05% and the valid period of the loan limit is one year.
On March 31, 2020, the company held the 13th meeting of its 8th board of directors, deliberating and passing the “Proposal regarding Additional Borrowings from Controlling Shareholder and Related-party Transactions”, whereby the company filed a request for additional 300 million Yuan anti-epidemic loan to its controlling shareholder New Hope Group Co., Ltd, with the loan interest rate of no more than (inclusive) 2.05% and valid period of loan limit being one year.
In this year, the company received a total of 1.3 billion Yuan anti-epidemic loans from New Hope Group Co., Ltd, of which 700 million Yuan was repaid in this year and 600 million Yuan anti-epidemic loan due and payable to New Hope Group Co., Ltd at the end of year.
(6) Remuneration of key managers
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Total remuneration of key managers |
41,839,300.00 |
30,307,100.00 |
(7) Asset transfer and debt reorganization of related parties
| Name of related party |
Content of related-party transaction |
Current amount incurred |
Prior-period amount incurred |
| South Hope Industrial Co., Ltd |
Assets transferred to related parties |
Note |
Note |
Note 1: according to the commitments of majority shareholders at the time of significant reorganization of the company in 2010, defective real estate transferred into the company’s assets due to reorganization had related title transfer formalities pending as of December 31, 2013, and the majority shareholders repurchased them at the appraised price of related assets at the time of reorganization. In June 2014, a majority shareholder South Hope Industrial Co., Ltd transferred the repurchase amount of 135.9270 million Yuan into the company’s account, while the company has not yet conducted accounting treatment of the transferred assets and equities due to the ongoing handling of related formalities for transfer.
(8) Other related-party transactions
None
6. Receivables and payables from and to related parties
(1) Receivables
Unit: yuan
| Project name |
Related party |
Ending balance |
Beginning balance |
|---|
| Book balance |
Bad debt provision |
Book balance |
Bad debt provision |
|---|
| Accounts receivable |
New Hope Group Co., Ltd and its majority-owned subsidiaries |
|
|
411,037.87 |
5,384.60 |
| Accounts receivable |
Nanjing Heda Food Co., Ltd |
26,309,974.18 |
26,309,974.18 |
26,309,974.18 |
26,309,974.18 |
| Accounts receivable |
New Hope Real Estate Development Co., Ltd and its subsidiaries |
15,041.00 |
197.03 |
791,246.00 |
10,365.32 |
| Accounts receivable |
Beijing Porridge Jiahe Restaurant Management Co., Ltd |
12,512,221.46 |
163,910.79 |
13,717,539.12 |
179,699.77 |
| Accounts receivable |
New Hope Finance Co., Ltd |
|
|
4,200.00 |
55.02 |
| Accounts receivable |
Jingyuan New Hope Livestock Co., Ltd |
|
|
107,607.50 |
1,409.66 |
| Accounts |
Shandong Hypor Liuhe Breeding Co., Ltd |
|
|
125,000.00 |
1,637.50 |
| receivable |
|
|
|
|
|
| Accounts receivable |
Guangdong Hope No. 1 Equity Investment Partnreship (LP) |
22,725,000.00 |
8,331,750.00 |
7,725,000.00 |
101,197.50 |
| Accounts receivable |
Grass Green Group Co., Ltd and other majority-owned subsidiaries |
279,012.33 |
3,655.14 |
1,269,187.81 |
16,626.35 |
| Accounts receivable |
New Hope Chemical Investment Co., Ltd and other majority-owned subsidiaries |
|
|
8,000.00 |
104.80 |
| Accounts receivable |
Shanghai Liuhe Qinqiang Food Co., Lt d |
3,000.00 |
39.30 |
|
|
| Accounts receivable |
South Hope Industrial Co., Ltd and other majority-owned subsidiaries |
344,266.26 |
4,509.90 |
|
|
| Accounts receivable |
Sichuan Xinhuaxi Dairy Co., Ltd |
51,586.08 |
675.78 |
|
|
| Accounts receivable |
New Hope Investment Group Co., Ltd and its majority-owned subsidiaries |
2,750.00 |
36.03 |
|
|
| Accounts receivable |
Sichuan Chuanwazi Food Co., Ltd |
1,805,291.41 |
23,649.39 |
|
|
| Accounts receivable |
Sichuan Sanlejiang New Health Commerce Co., Ltd |
196,826.67 |
2,578.43 |
|
|
| Accounts receivable |
Zhejiang Youyi Food Co., Ltd |
695.52 |
9.11 |
|
|
| Notes receivable |
Haurong Chemical Co., Ltd |
|
|
400,000.00 |
|
| Prepayments |
Taishan Jiaxin Logistics Co., Ltd |
60,000.00 |
|
|
|
| Prepayments |
New Hope Finance Co., Ltd |
54,650,378.02 |
|
43,249,166.97 |
|
| Prepayments |
Qingdao Big Herdsman Machinery Co., Ltd |
790,351.15 |
|
436,155.24 |
|
| Prepayments |
Shanghai Liuhe Qinqiang Food Co., Lt d |
|
|
43,790.00 |
|
| Prepayments |
New Hope Dairy Co., Ltd and other subsidiaries |
|
|
58,139.60 |
|
| Prepayments |
Grass Green Group Co., Ltd and other majority-owned subsidiaries |
17,400.00 |
|
4,945.00 |
|
| Prepayments |
New Hope (Tianjin) Commercial Factoring Co., Ltd |
|
|
10,000.00 |
|
| Prepayments |
New Hope Real Estate Development Co., Ltd and its subsidiaries |
82,584.00 |
|
344,350.65 |
|
| Prepayments |
Qingdao Fresh Life Technology Service Co., Ltd |
836,718.16 |
|
|
|
| Prepayments |
Sichuan Xinrong Nutrition Technology Co., Ltd and its majority-owned subsidiaries |
2,300,000.00 |
|
|
|
| Other receivables |
New Hope Property Service Group Co., Ltd |
|
|
15,000.00 |
757.50 |
| Other receivables |
New Hope Dairy Co., Ltd and other majority-owned subsidiaries |
50,000.00 |
2,525.00 |
|
|
| Other receivables |
New Hope Real Estate Development Co., Ltd and its subsidiaries |
67,400.00 |
17,989.70 |
57,387.00 |
2,898.04 |
| Other receivables |
Beijing Meihao Meideling Food Co., Ltd |
35,000,000.00 |
1,767,500.00 |
606,416.00 |
81,805.52 |
| Other receivables |
Grass Green Group Co., Ltd and its majority-owned subsidiaries |
70,000.00 |
7,755.00 |
50,000.00 |
2,525.00 |
| Other receivables |
Anhui Xinqiao Down Co., Ltd |
20,000,000.00 |
1,010,000.00 |
20,000,000.00 |
2,698,000.00 |
| Other receivables |
Guangdong Hope No. 1 Equity Investment Partnreship (LP) |
5,300.00 |
267.65 |
|
|
| Other noncurrent assets |
Zhejiang Yuantai Environmental Technology Service Co., Ltd |
1,819,200.00 |
|
|
|
| Other noncurrent assets |
Qingdao Big Herdsman Machinery Co., Ltd |
35,713,887.43 |
|
|
|
| Other noncurrent assets |
Hangzhou Xingyuan Environmental Protection Equipment Co., Ltd |
8,870,095.86 |
|
|
|
| Interest receivable |
New Hope Finance Co., Ltd |
27,473,327.80 |
|
50,810,305.55 |
|
(2) Payables
Unit: yuan
| Project name |
Related party |
Ending book balance |
Beginning book balance |
|---|
| Accounts payable |
Hebei Kinghey Sausage Casings Co., Ltd |
3,850.00 |
|
| Accounts payable |
Shanghai Liuhe Qinqiang Food Co., Lt d |
453,956.81 |
151,987.45 |
| Accounts payable |
New Hope Property Service Group Co., Ltd |
33,000.00 |
|
| Accounts payable |
Qingdao Big Herdsman Machinery Co., Ltd |
84,219,962.95 |
71,161,972.66 |
| Accounts payable |
Beijing Porridge Jiahe Restaurant Management Co., Ltd |
971,807.67 |
552,100.66 |
| Accounts payable |
Grass Green Group Co., Ltd and other majority-owned subsidiaries |
90,477.68 |
1,498,672.99 |
| Accounts payable |
Shandong Hypor Liuhe Breeding Co., Ltd |
949,532.00 |
215,000.00 |
| Accounts payable |
South Hope Industrial Co., Ltd and other majority-owned subsidiaries |
|
189,320.34 |
| Accounts payable |
New Hope Dairy Co., Ltd and other majority-owned subsidiaries |
|
2,521.00 |
| Accounts payable |
New Hope Finance Co., Ltd |
6,153.95 |
8,380.56 |
| Accounts payable |
Sichuan Xinrong Nutrition Technology Co., Ltd and its majority-owned subsidiaries |
2,594,982.75 |
|
| Accounts payable |
Beijing Xinrong Fresh Life Supply Chain Management Co., Ltd |
1,655,403.18 |
|
| Accounts payable |
Qingdao Fresh Life Technology Service Co., Ltd |
4,412,981.41 |
|
| Accounts payable |
Sichuan Yunlizhi Technology Co., Ltd and its majority-owned subsidiaries |
4,448,078.77 |
|
| Accounts payable |
New Hope Chemical Investment Co., Ltd and other majority-owned subsidiaries |
369,187.50 |
|
| Accounts payable |
Hangzhou Zhongyi Eco-Environmental Engineering Co. Ltd |
217,220,777.23 |
|
| Accounts payable |
Zhejiang Shuimei Environmental Protection Engineering Co., Ltd |
40,187,400.00 |
|
| Accounts payable |
Hangzhou Xingyuan Environmental Protection Equipment Co., Ltd |
8,901,529.01 |
|
| Accounts payable |
Zhejiang Yuantai Environmental Technology Service Co., Ltd |
16,834,293.12 |
|
| Notes payable |
Sichuan New Hope Trade Co., Ltd |
921,734.00 |
1,556,800.00 |
| Contract liabilities |
Hebei Kinghey Sausage Casings Co., Ltd |
712,973.41 |
132,660.43 |
| Contract liabilities |
Grass Green Group Co., Ltd and other majority-owned subsidiaries |
61,049.55 |
35,411.18 |
| Contract liabilities |
Anhui Antai Agricultural Development Co., Ltd |
610,618.78 |
|
| Contract liabilities |
New Hope Dairy Co., Ltd and other subsidiaries |
|
67,497.01 |
| Contract liabilities |
Shanghai Liuhe Qinqiang Food Co., Lt d |
3,929,044.44 |
5,188,888.35 |
| Contract liabilities |
Anhui Xinhua Ducks Co., Ltd |
61,350.00 |
|
| Contract liabilities |
Beijing Meihao Meideling Food Co., Ltd |
62,429.00 |
|
| Contract liabilities |
New Hope Group Co., Ltd |
2,933.70 |
666.00 |
| Contract liabilities |
Shenyang New Hope New Agricultural Industry Fund Partnership (LP) |
3,444,918.99 |
|
| Contract liabilities |
Qingdao Big Herdsman Machinery Co., Ltd |
|
327,897.93 |
| Contract liabilities |
Shandong Hypor Liuhe Breeding Co., Ltd |
372,216.10 |
36,412.40 |
| Contract liabilities |
South Hope Industrial Co., Ltd and other majority-owned |
1,116,168.40 |
20,280.00 |
|
subsidiaries |
|
|
| Contract liabilities |
Yan’an Xinyongxiang Technology Co., Ltd |
2,287,122.60 |
1,263,815.80 |
| Contract liabilities |
New Hope Real Estate Development Co., Ltd and other subsidiaries |
|
23,800.00 |
| Contract liabilities |
Zhejiang Dingyu Food Co., Ltd |
400.80 |
5,755.68 |
| Contract liabilities |
Sichuan Xinshi Zhuyi Catering Services Co., Ltd |
1,241,569.00 |
|
| Other payables |
New Hope Group Co., Ltd |
600,000,000.00 |
|
| Other payables |
South Hope Industrial Co., Ltd |
143,998,704.00 |
143,998,704.00 |
| Other payables |
Shanghai Liuhe Qinqiang Food Co., Lt d |
12,253.33 |
|
| Other payables |
New Hope Real Estate Development Co., Ltd and its subsidiaries |
139,777.46 |
117,777.46 |
| Other payables |
Qingdao Big Herdsman Machinery Co., Ltd |
1,485,350.00 |
963,950.00 |
| Other payables |
Linyi Liuhe Lusheng Food Co., Ltd |
|
0.03 |
| Other payables |
Anhui Xinhua Ducks Co., Ltd |
9,071,000.00 |
|
| Other payables |
Hebei Kinghey Sausage Casings Co., Ltd |
|
3,850.00 |
| Other payables |
Beijing Meihao Meideling Food Co., Ltd |
15,669.87 |
|
| Other payables |
New Hope Finance Co., Ltd |
|
1,016,500.00 |
| Other payables |
New Hope Dairy Co., Ltd and other majority-owned subsidiaries |
7,500.00 |
32,493.00 |
| Other payables |
Yan’an Xinyongxiang Technology Co., Ltd |
1,500,000.00 |
1,500,000.00 |
| Other payables |
NHE (Beijing) Technology Co., Ltd |
609,910.31 |
609,910.31 |
| Other payables |
Chengdu Fresh Life Cold Chain Logistics Co., Ltd |
5,411,500.00 |
|
| Other payables |
Beijing Xinrong Fresh Life Supply Chain Management Co., Ltd |
643,583.00 |
|
| Other payables |
Shenyang Xiantianshun Supply Chain Management Co., Ltd |
50,000.00 |
|
| Other payables |
Sichuan Chuanwazi Food Co., Ltd |
20,000.00 |
|
| Other payables |
Qingdao Fresh Life Technology Service Co., Ltd |
1,484,115.94 |
|
| Other payables |
Chengdu Yunlizhi Technology Co., Ltd |
463,577.00 |
|
| Other payables |
Grass Green Group Co., Ltd and other majority-owned subsidiaries |
50,000.00 |
|
| Other payables |
Hangzhou Zhongyi Eco-Environmental Engineering Co. Ltd |
1,250,000.00 |
|
| Other payables |
Zhejiang Shuimei Environmental Protection Engineering Co., Ltd |
700,000.00 |
|
| Other payables |
Hangzhou Xingyuan Environmental Protection Equipment Co., Ltd |
30,000.00 |
|
| Long-term payables |
New Hope Finance Co., Ltd |
|
6,000,000.00 |
| Dividends payable |
New Hope Group Co., Ltd |
|
89,500,000.00 |
| Noncurrent liabilities due within one year |
New Hope Finance Co., Ltd |
6,000,000.00 |
|
7. Commitments of related parties
There were no commitments of related parties in this year.
8. Others
XIII. Share-based payment
1. Overview of share-based payments
√ applicable □ not applicable
Unit: yuan
| Total amount of various equity instruments of the company granted in the current period |
0.00 |
| Total amount of various equity instruments of the company exercised in the current period |
2,395,694.00 |
| Total amount of various equity instruments of the company lapsed in the current period |
127,500.00 |
| Range of exercise price and remaining term of contract for stock options of the company issued and outstanding at the end of period |
The number of stock options issued and outstanding of the company is 4.2000 million shares, and the exercise price is 16.47 Yuan/share, with the remaining stock options exercisable from the grant date of July 18, 2019 to the last trading day within 24 months thereafter. |
| Range of exercise prices and remaining terms of contract for other equity instruments of the company issued and outstanding at the end of period |
The number of restricted stocks issued and outstanding of the company is 2.7000 million shares, and the grant price is 8.31 Yuan/share, with the remaining restricted stocks to be unlocked in three phases: from the grant date of July 18, 2019 to the last trading day within 24 months, 36 months and 48 months thereafter. |
Other remarks
(1) Decision-making procedure performed under the stock incentive plan
On May 8, 2019, the company held the 44th meeting of its 7th board of directors and the 15th meeting of its 7th board of supervisors, where the “Proposal regarding the 2019 Restricted Stock and Stock Option Incentive Plan (Draft) and its Summary of New Hope Liuhe Co., Ltd”, the “Proposal regarding Measures for Appraisal Management of the 2019 Restricted Stock and Stock Option Incentive Plan of New Hope Liuhe Co., Ltd” and the “Proposal regarding Requesting General Meeting to Authorize Board of Directors to Handle Matters Related to Stock Incentive” were deliberated and passed.
On June 6, 2019, the company held the first extraordinary general meeting of 2019, where the aforesaid proposals were deliberated and passed.
On July 4, 2019, the company held the 2nd meeting of its 8th board of directors and the 2nd meeting of its 8th board of supervisors, where the “Proposal regarding Grant of Restricted Stocks and Stock Options to Incentive Recipients” was deliberated and passed.
(2) The source of stocks, incentive recipients and the date of first grant under the stock incentive plan
The source of stocks for the present stock incentive plan is A ordinary shares of the company repurchased from the secondary market; the total number of incentive recipients who were first granted stock incentive under this stock incentive plan was 24, including senior managers of the company and its branches and subsidiaries and other core managers/technicians that the board of directors deemed to have direct effects on the company’s business performance and future development; the date of first grant of restricted stock and stock options was July 18, 2019.
(3) Stock incentives meet conditions for exercise
On August 6, 2020, the company held the 19th meeting of its 8th board of directors and the 10th meeting of its 8th board of supervisors, deliberating and passing the “Proposal regarding the First Exercise Period /Exercise in Unlocked Period/Satisfaction of Conditions for Lifting of Sales Restrictions under 2019 Stock Option and Restricted Stock Incentive Plan”, whereby the company granted restricted stocks to a total of 23 incentive recipients eligible for lifting of sales restrictions in the first unlocked period under this incentive plan, with 877,500 shares of restricted stocks unlockable; a total of 23 incentive recipients eligible for exercise in the first exercise period were granted 4,095,000 exercisable stock options at an exercise price of 16.47 Yuan/option, which are exercisable at the sole discretion of incentive recipients, with 1,518,194.00 stock options exercised as of December 31, 2020.
2. Share-based payments settled in equities
√ applicable □ not applicable
Unit: yuan
| Method for determination of fair value of equity instruments at the |
The fair value of equity instruments at the grant date was |
| grant date |
determined based on Black-Scholes pricing model. |
| Basis of determination of the number of vested equity instruments |
Estimated based on the achievement of performance conditions of the company and personal performance appraisal results, of which the company’s performance conditions include business revenue and operating net profit growth indicators. |
| Causes of significant difference between the current estimates and prior-period estimates |
None |
| Accumulated amount of share-based payment settled in equities charged to capital reserve |
36,553,777.13 |
| Total expenses recognized for share-based payment settled in equities in the current period |
14,099,386.81 |
Method for determination of fair value of equity instruments at the The fair value of equity instruments at the grant date was Other remarks
3. Share-based payment settled in cash
□ applicable √ not applicable
4. Modifications to and termination of share-based payment
None
5. Others
None
XIV. Commitments and contingencies
1. Important commitments
Important commitments existing at the balance sheet date
As of December 31, 2020, the company had no important external commitments to disclose.
2. Contingencies
(1) Important contingencies existing at the balance sheet date
The company had no contingencies to disclose as of December 31, 2020.
(2) If the company has no important contingencies to disclose, state accordingly:
The company had no important contingencies to disclose.
XV. Events after the balance sheet date
1. Important non-adjustment events
Unit: yuan
| Item |
Content |
Amount of effect on financial position and business results |
Reasons for inability to estimate the amount of effect. |
| Issuance of stocks and bonds |
1. The 24th meeting of the 8th board of directors deliberated and approved the “Proposal regarding the Company’s |
1. The convertible corporate bonds cannot be estimated. 2. Medium-term notes will pay 98.0000 million Yuan interest in |
The issuing scale, number of shares converted and prices of the convertible corporate bonds are all uncertain. |
|
Scheme for Public Offering of Convertible Corporate Bonds”, and the 27th meeting of the 8th board of directors deliberated and passed the “Proposal regarding Adjustment to the Company’s Scheme for Public Offering of Convertible Corporate Bonds”, whereby the company plans to issue a total of no more than 8.150 billion Yuan (including 8.150 billion Yuan) convertible corporate bonds each with a par value of 100 Yuan for a period of 6 years as from the date of issue, which has been approved by CSRC (CSRC permit 〔2021〕No. 1351) on April 23, 2021. 2. The 2019 annual general meeting of the company deliberated and passed the “Proposal regarding Issuance of Medium-term Notes by the Company”, agreeing that the company will apply for registration with NAFMII and issuance of medium-term notes of no more than 5.0 billion Yuan, with the “Notice of Acceptance of Registration” obtained from NAFMII (NAFMII registration [2020] No. MTN920). On March 17, 2021, the company issued the 2021 phase I medium-term notes (countryside revitalization) of 2.0 billion Yuan at an issuing rate of 4.9% for a term of 5 years. |
” the next five years. |
|
2. Profit distribution
Unit: yuan yuan
| Profits or dividends proposed to be distributed |
0.00 |
| Profits or dividends declared and distributed after deliberation and approval |
0.00 |
XVI. Other important events
1. Debt reorganization
The company had no debt reorganizations within the reporting period.
2. Asset replacement
(1) Non-monetary asset exchange
The company had no important non-monetary asset exchanges within the reporting period.
(2) Other asset replacements
The company had no other asset replacements within the reporting period.
3. Annuity plan
The company had no annuity plans within the reporting period.
4. Segment information
(1) Basis of determination of reporting segments and their accounting policies
The company determines operating segments based on internal organizational structure, management requirements and internal reporting policies, which refer to the components that meet all of the following conditions: 1) such components can generate revenue and incur expenses in day-to-day activities; 2) the company management can evaluate the business results of such components on a regular basis to determine allocation of resources to them and evaluate their performance; 3) the financial condition, business results, cash flow and other related accounting information about such components are available. The company classifies its segment information by region and industry.
(2) Financial information of reporting segments
Unit: yuan
| Item |
Overseas |
Domestic |
Total |
Inter-segment offset |
Total |
|---|
| Business revenue |
11,189,224,766.85 |
98,635,999,629.71 |
109,825,224,396.56 |
|
109,825,224,396.56 |
| Operating costs |
9,974,638,794.33 |
88,200,511,759.89 |
98,175,150,554.22 |
|
98,175,150,554.22 |
| Total assets |
13,154,055,881.68 |
259,482,728,230.18 |
272,636,784,111.86 |
163,193,318,549.71 |
109,443,465,562.15 |
| Total liabilities |
9,260,834,190.46 |
173,346,543,592.23 |
182,607,377,782.69 |
124,534,864,220.78 |
58,072,513,561.91 |
(3) Other remarks
Segment information determined to be reported based on industry distribution
| Item |
Business revenue |
Operating costs |
Total assets |
Total liabilities |
|---|
| Feeds |
51,645,798,339.39 |
47,918,610,681.28 |
26,188,252,653.67 |
21,141,990,991.78 |
| Poultry business |
18,379,397,801.40 |
17,472,109,536.99 |
3,883,303,042.01 |
2,658,897,702.17 |
| Pig business |
24,776,869,214.55 |
19,045,639,386.11 |
82,890,013,673.19 |
59,073,023,002.62 |
| Food |
8,844,558,922.88 |
7,884,739,965.57 |
9,500,520,776.71 |
6,574,568,734.18 |
| Commerce and trade |
5,579,175,375.68 |
5,439,185,417.92 |
12,759,259,632.56 |
14,316,053,154.67 |
| Others |
599,424,742.66 |
414,865,566.35 |
137,415,434,333.72 |
78,842,844,197.27 |
| Total |
109,825,224,396.56 |
98,175,150,554.22 |
272,636,784,111.86 |
182,607,377,782.69 |
| Minus: internal offset |
|
|
163,193,318,549.71 |
124,534,864,220.78 |
| Total after offset |
109,825,224,396.56 |
98,175,150,554.22 |
109,443,465,562.15 |
58,072,513,561.91 |
5. Other important transactions and events that affect the investor decisions
The company had no other events to disclose within the reporting period.
6. Others
The company had no other events to disclose within the reporting period.
XVII. Notes to key items of financial statements of the parent company
1. Accounts receivable
(1) Accounts receivable disclosed by category
Unit: yuan
| Category |
Ending balance |
Beginning balance |
|---|
| Book balance |
Bad debt provision |
Book value |
Book balance |
Bad debt provision |
Book value |
|---|
| Amount |
Proportion |
Amount |
Proportion accrued |
Amount |
Proportion |
Amount |
Proportion accrued |
|---|
| Accounts receivable for which bad debt provision is accrued by individual item |
|
|
|
|
|
304,806.00 |
16.46% |
304,806.00 |
100.00% |
|
| Wherein: |
|
|
|
|
|
|
|
|
|
|
| Accounts receivable for which bad debt provision is accrued by portfolio |
|
|
|
|
|
1,546,588.92 |
83.54% |
72,202.45 |
4.67% |
1,474,386.47 |
| Wherein: |
|
|
|
|
|
|
|
|
|
|
| Total |
0.00 |
|
|
|
|
1,851,394.92 |
100.00% |
377,008.45 |
20.36% |
1,474,386.47 |
(2) Bad debt provision accrued, recovered or reversed in the current period
Bad debt provision accrued in the current period:
Unit: yuan
| Category |
Beginning balance |
Current change |
Ending balance |
|---|
| Accrued |
Recovered or reversed |
Charged off |
Others |
|---|
| Bad debt provision for account receivables |
377,008.45 |
1,641,754.23 |
2,018,762.68 |
|
|
0.00 |
| Total |
377,008.45 |
1,641,754.23 |
2,018,762.68 |
|
|
0.00 |
（3） Accounts receivable derecognized due to transfer of financial assets
There were no accounts receivable derecognized due to transfer of financial assets in this period.
(4) Amounts of assets and liabilities formed from transfer of accounts receivable and continued involvement
There were no assets or liabilities formed from transfer of accounts receivable and continued involvement in this period. Other remarks:
2. Other receivables
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Interest receivable |
71,966,472.48 |
73,397,114.11 |
| Dividends receivable |
5,576,107.23 |
465,500,000.00 |
| Other receivables |
54,528,641,894.46 |
23,082,780,267.73 |
| Total |
54,606,184,474.17 |
23,621,677,381.84 |
(1) Interest receivable
1) Interest receivable by category
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Time deposits |
27,473,327.80 |
50,810,305.55 |
| Others |
44,493,144.68 |
22,586,808.56 |
| Total |
71,966,472.48 |
73,397,114.11 |
2) Bad debt provision accrued
□ applicable √ not applicable
(2) Dividends receivable
1) Dividends receivable by category
Unit: yuan
| Project (or investee) |
Ending balance |
Beginning balance |
|---|
| Sichuan New Hope Liuhe Farming Co., Ltd |
|
200,000,000.00 |
| New Hope Liuhe Investment Co., Ltd |
|
265,500,000.00 |
| Sichuan Xinhe Import & Export Co., Ltd |
5,576,107.23 |
|
| Total |
5,576,107.23 |
465,500,000.00 |
2) Bad debt provision accrued
□ applicable √ not applicable
Other remarks:
(3) Other receivables
1) Other receivables categorized by nature of amount
Unit: yuan
| Nature of amount |
Ending book balance |
Beginning book balance |
|---|
| Receivables within the scope of consolidated statements |
54,450,370,070.27 |
23,078,624,768.41 |
| Petty cash |
1,413,484.46 |
2,885,976.43 |
| Margins and deposits |
43,708,104.59 |
503,574.56 |
| Temporary borrowings |
39,021,100.08 |
|
| Others |
1,125,000.00 |
3,608,505.90 |
| Total |
54,535,637,759.40 |
23,085,622,825.30 |
2) Bad debt provision accrued
Unit: yuan
| Bad debt provision |
Phase 1 |
Phase 2 |
Phase 3 |
Total |
|---|
| Expected credit loss in the next 12 months |
Expected credit loss during entire existence (without credit impairment) |
Expected credit loss during entire existence (with credit impairment) |
|---|
| Balance as of January 1, 2020 |
|
2,842,557.57 |
|
2,842,557.57 |
| Balance as of January 1, 2020 in the current period |
----- |
----- |
----- |
----- |
| -transferred to phase 3 |
|
-2,493,640.14 |
2,493,640.14 |
|
| Accrued in the current period |
|
4,457,393.76 |
|
4,457,393.76 |
| Charged off in the current period |
|
|
304,086.39 |
304,086.39 |
| Balance as of December 31, 2020 |
|
4,806,311.19 |
2,189,553.75 |
6,995,864.94 |
Changes in book balance with respect to which current changes in the loss provision are significant
□ applicable √ not applicable
Disclosure by age
Unit: yuan
| Age |
Book balance |
|---|
| Less than 1 year (inclusive) |
54,531,154,983.19 |
| 1-2 years |
1,368,652.27 |
| 2-3 years |
620,483.80 |
| More than 3 years |
2,493,640.14 |
| 4-5 years |
360,000.00 |
| More than 5 years |
2,133,640.14 |
| Total |
54,535,637,759.40 |
3) Bad debt provision accrued, recovered or reversed in the current period
Bad debt provision accrued in the current period:
Unit: yuan
| Category |
Beginning balance |
Current change |
Ending balance |
|---|
| Accrued |
Recovered or reversed |
Charged off |
Others |
|---|
| Bad debt provision for other receivables |
2,842,557.57 |
4,457,393.76 |
|
304,086.39 |
|
6,995,864.94 |
| Total |
2,842,557.57 |
4,457,393.76 |
|
304,086.39 |
|
6,995,864.94 |
The company had bad debt provision of 2,842,557.57 Yuan at the end of the previous year and accrued bad debt provision of 4,457,393.76 Yuan in the current period.
Wherein: other receivables for which the bad debt provision was fully accrued or in large proportions by the company before the current period but which were recovered or reversed in full or in large proportions in the current period and whose amounts are important were 0 Yuan.
4) Other receivables actually charged off in the current period
Unit: yuan
| Item |
Amount charged off |
|---|
| Other receivables actually charged off |
304,086.39 |
Of them, important other receivables charged off:
Unit: yuan
| Name of entity |
Nature of other receivables |
Amount charged off |
Causes of charge-off |
Charge-off procedure performed |
Whether the amounts were incurred by related-party transaction |
|---|
| Xue Ke |
Current accounts |
304,086.39 |
Long time overdue, recognized as difficult to recover |
Note |
No |
| Total |
-- |
304,086.39 |
-- |
-- |
-- |
Remarks on other receivables charged off:
For receivables that are indeed unrecoverable, individual charged-off amount of <0.5 million Yuan is submitted to the CFO, vice president and president of joint-stock company for approval after being approved by the tier-2 business unit; individual charged-off amount of ≥ 0.5 million Yuan is subject to the president for approval.
5) Top 5 other receivables in terms of ending balance pooled by debtor
Unit: yuan
| Name of entity |
Nature of amount |
Ending balance |
Age |
Percentage of total ending balance of other receivables |
Ending balance of bad debt provision |
|---|
| Tibet Xinhao Technology Co., Ltd |
Internal current accounts |
9,349,015,118.13 |
Within a year |
17.14% |
|
| Golden Oak Investment Holdings (Tianjin) Co., Ltd |
Internal current accounts |
3,129,253,109.00 |
Within a year |
5.74% |
|
| Tongliao Xinhao Farming Co., Ltd |
Internal current accounts |
1,711,830,015.00 |
Within a year |
3.14% |
|
| New Hope Liuhe Feed Co., Ltd |
Internal current accounts |
1,500,000,000.00 |
Within a year |
2.75% |
|
| New Hope Singapore Pte. Ltd |
Internal current accounts |
1,180,124,662.87 |
Within a year |
2.16% |
|
| Total |
-- |
16,870,222,905.00 |
-- |
30.93% |
|
3. Long-term equity investments
Unit: yuan
| Item |
Ending balance |
Beginning balance |
|---|
| Book balance |
Impairment provision |
Book value |
Book balance |
Impairment provision |
Book value |
|---|
| Investments in subsidiaries |
12,465,874,695.01 |
|
12,465,874,695.01 |
8,531,365,092.16 |
|
8,531,365,092.16 |
| Investments in affiliates and joint ventures |
651,779,381.30 |
|
651,779,381.30 |
599,682,249.92 |
|
599,682,249.92 |
| Total |
13,117,654,076.31 |
|
13,117,654,076.31 |
9,131,047,342.08 |
|
9,131,047,342.08 |
(1) Investments in subsidiaries
Unit: yuan
| Investee |
Beginning balance (book value) |
Current increase or decrease |
Ending balance (book value) |
Ending balance of impairment provisio |
|---|
| Additional investment |
Reduced investment |
Impairment provision accrued |
Others |
|---|
|
|
|
|
|
|
|
n |
| Hainan New Hope Agriculture Co., Ltd |
10,784,799.18 |
|
|
|
|
10,784,799.18 |
|
| Mianyang New Hope Liuhe Farming Technology Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Guanghan Guoxiong Feed Co., Ltd |
12,074,682.47 |
|
|
|
|
12,074,682.47 |
|
| Kunming New Hope Agricultural Technology Co., Ltd |
9,966,510.03 |
|
|
|
|
9,966,510.03 |
|
| Zunyi Jiahao Feed Co., Ltd |
6,995,416.81 |
|
|
|
|
6,995,416.81 |
|
| Qujing Guoxiong Feed Co., Ltd |
3,943,229.08 |
|
|
|
|
3,943,229.08 |
|
| Beijing New Hope Farming Technology Co., Ltd |
7,500,000.00 |
|
|
|
|
7,500,000.00 |
|
| Hebei New Hope Feed Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Taizhou New Hope Agriculture Co., Ltd |
10,000,000.00 |
|
|
|
|
10,000,000.00 |
|
| Lhasa New Hope Industrial Co., Ltd |
22,000,000.00 |
|
|
|
|
22,000,000.00 |
|
| Mangshi New Hope Farming Technology Co., Ltd |
10,000,000.00 |
|
|
|
|
10,000,000.00 |
|
| Kunming New Hope Animal Nutritious Food Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Ermeishan New Hope Liuhe Feed Co., Ltd |
10,000,000.00 |
|
|
|
|
10,000,000.00 |
|
| Wulong New Hope Liuhe Feed Co., Ltd |
10,000,000.00 |
|
|
|
|
10,000,000.00 |
|
| Baoji New Hope Farming Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Sanyuan New Hope Feed Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Wuzhou New Hope Liuhe Feed Co., Ltd |
10,000,000.00 |
|
|
|
|
10,000,000.00 |
|
| Guangxi New Hope Liuhe Breeding Co., Ltd |
10,000,000.00 |
|
|
|
|
10,000,000.00 |
|
| Yongzhou New Hope Liuhe Feed Co., Ltd |
15,000,000.00 |
|
|
|
|
15,000,000.00 |
|
| Yangjiang New Hope Liuhe Feed Co., Ltd |
20,000,000.00 |
|
20,000,000.00 |
|
|
|
|
| Huanggang New Hope Feed Technology Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Huaihua New Hope Liuhe Feed Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Yingtan New Hope Feed Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Ningxia New Hope Ruminant Animal Nutritious Food Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Xiangyang New Hope Liuhe Feed Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Zunyi New Hope Liuhe Agricultural Technology Co., Ltd |
10,000,000.00 |
|
|
|
|
10,000,000.00 |
|
| Guangzhou Liuhe Feed Co., Ltd |
48,800,000.00 |
|
|
|
|
48,800,000.00 |
|
| Sichuan Xinle Plastics Co., Ltd |
4,023,039.62 |
|
|
|
|
4,023,039.62 |
|
| Jiangsu Tiancheng Healthcare Products Co., Ltd |
40,800,000.00 |
|
|
|
|
40,800,000.00 |
|
| Sichuan Xinhe Import & Export Co., Ltd |
14,090,807.90 |
|
14,090,807.90 |
|
|
|
|
| New Hope Liuhe Investment Co., Ltd |
503,191,958.85 |
|
|
|
|
503,191,958.85 |
|
| New Hope Liuhe Food Holdings Co., Ltd |
100,000,000.00 |
|
|
|
|
100,000,000.00 |
|
| Hebei New Hope Farming Co., Ltd |
100,000,000.00 |
|
|
|
|
100,000,000.00 |
|
| Yunnan New Hope Liuhe Poultry Co., Ltd |
2,000,000.00 |
|
|
|
|
2,000,000.00 |
|
| Tibet Linzhi New Hope Liuhe Breeding Co., Ltd |
12,081,000.00 |
|
|
|
|
12,081,000.00 |
|
| Chengdu Fenglan Technology Co., Ltd |
50,713,650.00 |
|
|
|
|
50,713,650.00 |
|
| Guangyuan New Hope Liuhe Farming Technology Co., Ltd |
3,000,000.00 |
|
|
|
|
3,000,000.00 |
|
| Beijing Xindaolu Agricultural Technology Co., Ltd |
20,000,000.00 |
|
|
|
|
20,000,000.00 |
|
| Tianjin Dingcheng Zhizi Investment Co., Ltd |
100,000,000.00 |
|
|
|
|
100,000,000.00 |
|
| Golden Oak Investment Holdings (Tianjin) Co., Ltd |
100,000,000.00 |
|
|
|
|
100,000,000.00 |
|
| New Hope Liuhe Investment (US) Inc. |
162,983,250.00 |
|
162,983,250.00 |
|
|
|
|
| Yangling Besun Agricultural Industry Group Co., Ltd |
605,966,110.75 |
1,130,070,000.00 |
|
|
|
1,736,036,110.75 |
|
| Chongqing Tongliang New Hope Liuhe Farming Technology Co., Ltd |
3,000,000.00 |
|
|
|
|
3,000,000.00 |
|
| Qingdao Xinhang Engineering Management Co., Ltd |
50,000,000.00 |
|
|
|
|
50,000,000.00 |
|
| Qingdao Feidake Food Technology Co., Ltd |
2,100,000.00 |
|
|
|
|
2,100,000.00 |
|
| Tibet Xinhao Technology Co., Ltd |
502,678,173.17 |
|
|
|
|
502,678,173.17 |
|
| Santai New Hope Farming Financing Guarantee Co., Ltd |
30,000,000.00 |
|
|
|
|
30,000,000.00 |
|
| New Hope Singapore Pte. Ltd |
584,575,402.80 |
|
|
|
|
584,575,402.80 |
|
| New Hope International Holdings (Pte) Ltd |
94,167,694.50 |
|
|
|
|
94,167,694.50 |
|
| Sichuan New Hope Liuhe Farming Co., Ltd |
1,052,335,894.98 |
|
|
|
|
1,052,335,894.98 |
|
| Shandong New Hope Liuhe Group Co., Ltd |
3,483,295,809.07 |
2,480,000,000.00 |
|
|
|
5,963,295,809.07 |
|
| New Hope Liuhe Feed Co., Ltd |
481,111,323.70 |
|
|
|
|
481,111,323.70 |
|
| Shanghai Shihe Commerce Co., Ltd |
1,186,339.25 |
|
1,186,339.25 |
|
|
|
|
| Sichuan New Hope Liuhe |
1,000,000.00 |
11,500,000.00 |
|
|
|
12,500,000.00 |
|
| Technological Innovation Co., Ltd |
|
|
|
|
|
|
|
| Sichuan New Hope Animal Nutrition Technology Co., Ltd |
|
500,000,000.00 |
|
|
|
500,000,000.00 |
|
| Qingdao Xinmu Zhihe Technology Co., Ltd |
|
11,200,000.00 |
|
|
|
11,200,000.00 |
|
| Total |
8,531,365,092.16 |
4,132,770,000.00 |
198,260,397.15 |
|
|
12,465,874,695.01 |
|
(2) Investments in affiliates and joint ventures
Unit: yuan
| Investor entity |
Beginning balance (book value) |
Current increase or decrease |
Ending balance (book value) |
Ending balance of impairment provision |
| Additional investment |
Reduced investment |
Profit or loss on investment recognized under equity method |
Adjustment for other comprehensive income |
Other equity changes |
Cash dividends or profits declared for distribution |
Impairment provision accrued |
Others |
| I. Joint ventures |
|---|
| Beijing Meihao Meidelin g Food Co., Ltd |
71,700,433.94 |
|
|
-7,638,770.56 |
|
|
|
|
|
64,061,663.38 |
|
| Subtotal |
71,700,433.94 |
|
|
-7,638,770.56 |
|
|
|
|
|
64,061,663.38 |
|
| II. Affiliated enterprises |
|---|
| New Hope Finance Co., Ltd |
527,981,815.98 |
|
|
59,735,901.94 |
|
|
|
|
|
587,717,717.92 |
|
| Subtotal |
527,981,815.98 |
|
|
59,735,901.94 |
|
|
|
|
|
587,717,717.92 |
|
| Total |
599,682,249.92 |
|
|
52,097,131.38 |
|
|
|
|
|
651,779,381.30 |
|
(3) Other remarks
None
4. Business revenue and operating costs
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Revenue |
Cost |
Revenue |
Cost |
|---|
| Main business |
654,650,984.06 |
620,091,065.36 |
755,119,836.20 |
673,473,723.20 |
| Other businesses |
70,082,200.71 |
6,108,920.06 |
1,194,639.20 |
|
| Total |
724,733,184.77 |
626,199,985.42 |
756,314,475.40 |
673,473,723.20 |
None
Information related to transaction prices allocated to remaining performance obligations:
The amount of revenue corresponding to performance obligations already contracted but not yet performed or completed at the end of this reporting period is 26,344,234.44 Yuan, of which 26,344,234.44 Yuan is expected to be recognized in 2021. Other remarks:
5. Investment income
Unit: yuan
| Item |
Current amount incurred |
Prior-period amount incurred |
|---|
| Income on long-term equity investments accounted for under the cost method |
893,552,134.98 |
258,843,816.62 |
| Income on long-term equity investments accounted for under the equity method |
52,097,131.38 |
42,604,900.64 |
| Investment income from disposal of long-term equity investments |
-420,271,864.76 |
-1,129,103.41 |
| Total |
525,377,401.60 |
300,319,613.85 |
6. Others
XVIII. Additional information
1. Detailed statement of current non-recurring profits and losses
√ applicable □ not applicable
Unit: yuan
| Item |
Amount |
Remarks |
|---|
| Profit and loss on disposal of noncurrent assets |
-428,995,891.32 |
Income from disposal by the company of fixed assets, intangible assets, productive biological assets and long-term equity investments |
| Government subsidies charged to current profit and loss (except for government subsidies closely related to the business operations and granted according to the national unified standard quota or ration) |
190,660,819.32 |
Income from government subsidies. |
| Income from the investment cost of acquisition of subsidiaries, affiliates and joint ventures by the company being lower than the share of fair value of identifiable net assets of the investee at the time of acquisition of investment |
38,639,880.76 |
|
| Profit and loss on changes in fair value resulting from holding of held-for-trading financial assets and financial liabilities, derivative financial assets and derivative financial liabilities and investment income from disposal of held-for-trading financial assets and liabilities and derivative financial assets and liabilities, except for valid hedging transactions related to normal business operations of the company |
-28,494,319.70 |
Income acquired by the company from purchase of held-for-trading financial assets |
| Reversal of impairment provision for receivables and contract assets subjected to separate impairment test |
18,297,193.43 |
|
| Other non-business revenue and expenditure other than the aforesaid items. |
-319,504,381.58 |
Mainly consisting of expenditure on normal death and elimination of livestock and poultry. |
| Minus: effect of income tax |
40,748,118.86 |
|
| Effect of minority interest |
-41,676,337.11 |
|
| Total |
-528,468,480.84 |
-- |
For non-recurring profit and loss items defined by the company according to the “Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Profit and Loss”, and for defining the non-recurring profit and loss items enumerated in “Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Profit and Loss” as recurring profit and loss items, the reasons shall be explained.
□ applicable √ not applicable
2. Return on equity and per share earnings
| Profits during the reporting period |
Weighted average ROE |
Per share earnings |
|---|
| Basic earnings per share （Yuan/share） |
Diluted earnings per share(Yuan/share) |
|---|
| Net profits attributable to ordinary shareholders of the company |
16.09% |
1.17 |
1.17 |
| Net profits attributable to ordinary shares shareholders of the company after deduction of non-recurring profit and loss |
17.66% |
1.29 |
1.29 |
3. Accounting data difference under Chinese and foreign accounting standards
(1) Difference in net profits and net assets in financial reports disclosed under both international accounting standards and Chinese accounting standards
□ applicable √ not applicable
(2) Difference in net profits and net assets in financial reports disclosed under both overseas accounting standards and Chinese accounting standards
□ applicable √ not applicable
(3) Indicate the reasons for accounting data difference under domestic and overseas accounting standards, and where difference adjustments have been made to the data audited by an overseas audit agency, indicate the name of such overseas agency.
4. Others
Section 13 List of documents for reference
(1) Financial statements bearing the signatures of chief executive officer, person in charge of accounting and head of accounting organization (chief accountant) of the company as well as stamps
(2) Original of the auditor’s report bearing the signature and seal of the accounting firm and signatures and seals of CPAs.
(3)Originals of allcorporate documents and announcements disclosed by the company publicly on China Securities Journal,SecuritiesDaily and
www.cninfo.com.cn
during thereporting period.
New Hope Liuhe Co., Ltd
Legal representative: Liu Chang
April 30, 2021
|