Located in Jiamusi City, China, Sen Yu International has quickly earned respect as the largest commercial hog breeder and supplier in the Heilongjiang Province in the People’s Republic of China (PRC). Today, Sen Yu took a major step towards prominence with the announcement they expect a continuation of support for animal husbandry and rural infrastructure polices for agricultural products to benefit hog breeders on the back of rising hog prices.
Mr. Zhenyu (Jack) Shang whom is the Founder, Chairman and CEO of Sen Yu stated, “Against a backdrop of record high prices for pork, we see government support continuing in the future as China grows its pork industry and expect to benefit from government subsidies that encourage breeders to raise more pigs.”
Mr. Shang then went on to state, “Sen Yu continues to refine its breeding techniques, ensuring its pigs are safe and always of the highest quality, and has the production capacity to meet higher demand for pork. Our efficient business model allows us to capture more market share and reduce costs as consumers continue to look to purchase the highest quality pork products derived from our superior quality animals such as our Canadian breeding hogs. We believe strong demand from Chinese consumers coupled with rising middle-class incomes from China’s economic expansion will continue to simulate demand for our products.”
The Chinese government typically offers subsidies to help small-scale pig breeders control diseases and encourage them to boost production while pork prices are high. Following a year-on-year 57.1% pork price surge in June, Beijing has resumed an RMB 2.5billion subsidy to spur pig breeding and prevent future supply shocks.
Currently, Sen Yu is trading in the $0.95 range. To learn more about this company as a whole, visit their corporate website at: www.hamptongrowth.com
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