Quake has Minor Impact on Pig Meat Company
CHINA - A leading vertically-integrated meat-processing and meat product supplier in China, China Yurun Food Group Limited, has reported that it only had minor interruption to production at its three hog slaughtering factories in Sichuan as a result of the recent earthquake in southwest China.
21 May 2008
2 minute read
Some cracks were found in the Group's production plant in Dujiangyan and the Company has taken immediate action to repair the relevant facilities and equipment.
The Group aim to put its operation there back to normal once the electricity and water supply at Dujiangyan is reconnected.
With an annual slaughtering volume of only 59,000 head last year and the current daily slaughtering volume at 160 head, the company said its total contribution to the Group's slaughtering volume is insignificant.
The production plant and equipment at the Neijiang and Guangyuan factories were not damaged by the earthquake and the operations continue as usual.
However, it is estimated that the earthquake will tighten the hog supply and may temporarily affect the operation of these factories.
"We are extremely saddened by the enormous loss experienced in southwest China as a result of the earthquake while we are grateful that the damage to our factories in the area was limited and should not result in a significant impact on our total operations for the meanwhile", said Mr. Zhu Yicai, Chairman of Yurun Food.
