It was sold by New Hope Liuhe Group to China Agricultural Development Co., Ltd.

New Hope Liuhe Group was sold to China Agricultural Development Co., Ltd. ... The reason why New Hope Liuhe Group was sold to China Agricultural Development Co., Ltd. was due to strategic considerations. The main business of New Hope Liuhe Group is pig breeding and meat products processing and sales, while China Agricultural Development Group is one of the important agricultural comprehensive service providers in China, covering seed industry, feed, breeding, processing, trade and other fields. Through the merger with China Agricultural Development Group, New Hope Liuhe Group can make use of each other's superior resources and market channels to achieve complementary business advantages, resource integration and scale expansion, and enhance its competitiveness and market position in agriculture and related industries. In addition, the cooperation between the two enterprises can also promote the development of agricultural modernization in China and promote the transformation and upgrading of agricultural industry.