New Hope's overseas development began in 1999, and it has now invested in over 50 enterprises or factories in 36 countries through self-construction, mergers and acquisitions, and cooperation. Over the past 25 years of international development, New Hope has established sustained and stable cooperative relationships with well-known domestic and international enterprises and institutions, including the International Finance Corporation (IFC), Temasek, China Investment Corporation, Cargill, and Mitsui & Co., with an open and win-win mindset. It has innovated overseas development models and achieved the allocation and integration of high-quality agricultural industry resources.

Achievements

Achievements

Leading Industry Scale

In 2024, the company's overseas revenue exceeded 20 billion yuan, with feed sales exceeding 5 million tons. It is the first agricultural and animal husbandry listed company in China to achieve overseas revenue exceeding 20 billion yuan, leading the industry in terms of scale. Among them, the company has the highest market share in Egypt, Laos, and Cambodia, and has entered the top five in the industry in Vietnam, Indonesia, and the Philippines.

Virtuous Talent Cycle

By the end of 2024, there will be 60 overseas branches with 8,053 employees, with a local employment rate of over 94%. Cooperation with local universities has formed a virtuous cycle.

Raw Material Cost Advantage

The procurement of localized raw materials from overseas accounts for over 25%, with 67% from Indonesia and 64% from Egypt. This has ensured the continuous growth of overseas performance amidst frequent fluctuations in global raw material prices.

Positive Social Recognition

The "Going Global" case of New Hope has been selected in the "Analysis Report on China's Agricultural Outward Investment Cooperation" and the "Social Responsibility Report of Chinese funded Enterprises in Bangladesh" white papers by the Ministry of Agriculture and Rural Affairs of China, and has been recognized as an "Outstanding Contribution Enterprise to China Bangladesh Development" and an excellent case award in the 5th ASEAN Occupational Safety and Health Competition.

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