WH Group Named to the 2019 Fortune China 500 List Top ...
WH Group Named to the 2019 ¡°Fortune China 500¡± List
Top Placed Chinese Company in Food Industry
(Hong Kong, July 11, 2019) ¡ª WH Group Limited (¡°WH Group¡± or the ¡°Company¡±;
HKEX stock code: 288) announced that the Company has ranked 66th on the 2019
¡°Fortune China 500¡± list with a revenue of RMB149.6 billion, making it the highestranked Chinese company in the food industry. Besides, WH Group has ranked 17th on
the ¡°FMCG (Fast-moving Consumer Goods) Global 50¡± list published by OC&C
Strategy Consultants. The Company ranked top among the five Chinese companies
on the list.
Wan Long, Chairman and Chief Executive Officer of WH Group, said, ¡°WH Group
ranked top among its Chinese peers on both the ¡®Fortune China Top 500¡¯ and ¡®OC&C
FMCG Global 50¡¯ lists, which fully demonstrates the market's recognition of WH
Group¡¯s strength and brand value. As the world¡¯s largest pork company, we will
continue to adopt innovative marketing strategies in response to changing consumer
trends and optimize our product mix to enhance the brand value and profitability of our
well-known brands, with a view to achieving long-term sustainable growth. In addition,
we will leverage our global presence in the industrial value chain and resource
advantages to improve synergies, focus on the expansion and integration of the global
market, to further strengthen our leading position in the industry.¡±
Fortune China 500, compiled by Fortune (China) and the Wealth Management
Department of CICC, assesses the financial results and business performance of the
biggest Chinese listed companies in 2018. The 500 Chinese companies on the list
generated RMB45.5 trillion in revenue, up 14.8% year-on-year, hitting another record
high. Net profit rose 4.21% year-on-year to RMB3.625 trillion. The annual revenue
threshold for companies on the list this year is RMB16.238 billion, an increase of 17%
year-on-year. The total revenue of the 500 companies in 2018 once again accounted
for more than a half of China's GDP.
Now in its 17th year, OC&C Global 50 examines the financial performance of the
world¡¯s largest consumer goods companies. It explores and discusses the main
themes and trends that drive the FMCG sector. OC&C Strategy Consultants is a
leading global strategy consulting firm whose client roster includes companies
throughout the retail, consumer goods, leisure, media, technology and communication,
industrial products, and private equity funds.
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About WH Group Limited (HKEX stock code: 288)
WH Group Limited is the largest pork company in the world with the top market share
in China, the U.S. and some markets in Europe. It owns many well-recognized and
trusted brands and stands above the rest with global market leadership in all key
segments of the pork value chain, including packaged meats, fresh pork and hog
production. The Group conducts its operations through Henan Shuanghui Investment
& Development Co., Ltd., the largest animal protein company in Asia, and Smithfield
Foods, the largest pork company in the U.S. For more information, visit .
For media enquiries
hHill+Knowlton Strategies
Shirley Lo
++852 2894 6214
wh-group@
WH Group
Renee Chen
+852 2922 0736
renee.chen@wh-
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