Tianli Agritech, Inc. (Tianli) is a Company involved in the business of research and development. It is also engaged in raising, breeding and selling hogs in the People’s Republic of China. This was established on November 9, 2009. It primarily focuses on growing hogs for sale for breeding and meat purposes. By the year 2009, it owned and operated eight commercial farms in Wuhan city (Wuhan). Then, on October 2011, it acquired land use rights and facilities in the following areas:
- Osmanthus Village Industrial Park
- Xiangfeng Town
- Laifeng County
Its farms are focused in raising and selling hogs for both breeding and meat purposes. The farms have an annual production capacity of approximately 110,000 hogs. It also conducts genetic, breeding and nutrition research. It also has an animal nutrition research which is composed of the research and development of biofeed premix (premix) for use in its hog farms.
Tianli is also a holding company incorporated in the British Virgin Islands. Its fully-owned subsidiary is one of the largest commercial hog farming companies in Wuhan and Hubei. In fact, when the Company entered the hog breeding business, it built the first ever hog farm. The Company also conducts genetic, breeding and nutrition research to improve its production capabilities. Moreover, its animal nutrition research consists of the research and development of biofeed premix (“premix”) for use in its hog farms. The Company coordinates with a local institute in developing products to improve feed to meat conversion ratios, improve the health of our hogs and reduce our feeding costs.
The Company continues to expand its position as one of the largest hog farming companies in Wuhan. It is intending to achieve this goal by implementing the following strategies:
We plan to grow our position as one of Wuhan’s largest hog farming companies. We intend to achieve this goal by implementing the following strategies:
- Increase hog production capacity by upgrading the genetic breeding base
- Acquire and/or construct new purebred and crossbred hog farms
- Develop a sow replacement program to continually replace less-productive sows with more productive ones
- Leverage research capabilities to breed superior breeding hogs that can be supplied to our farms and sold to other breeder farms
- Continue to strengthen brand image
Tianli Agritech, Inc. (NASDAQ: OINK) 52 week: 1.22 – 3.63 Mkt cap: 16.72M Shares: 10.14M