Chinese pork processor Aoxin Tianli has announced it has entered into a partnership with e-commerce company Beijing Huinongfeng Biological Technology Co., for the construction of a new pork plant and the sale of the company’s products via Huinongfeng’s online portal.
Huinongfeng and Aoxin Tianli will jointly acquire property and establish a pork production facility and a food processing plant in the Huangpi District of Wuhan City.
Construction, subject to relevant authority approval, is expected to start in early May 2016.
Production is expected to start in October 2016 with its Xiduhei-branded black hog meat products distributed to consumers directly via Huinongfeng’s online portal.
“Mrs. Hanying Li, chairwoman and CEO of Aoxin Tian Group, said: “We are excited about the prospects of working with Huinongfeng to jointly build a new pork processing plant and develop a P2C e-commerce platform for the sale of our branded black hog pork products. As we refocus our business on hog farming and related businesses such as pork processing and wholesale/retail distribution, we believe that this new cooperation initiative with Huinongfeng will allow us to extract greater value from our assets once fully launched.”
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By GlobalData