Genesus newsletter May 15
Genesus are providing Chinese company TQLS with registered purebred & swine breeding stock from Canada.TQLS was formed by Mr. Lei Wenyong (Thunder in English name) 25 years ago. It is one of the China National Agribusiness Flagships designated by the Ministry of Agriculture with three business lines including livestock feed, livestock and poultry farming and food processing.
There are over 6,000 employees working for its 51 subsidies across the country with annual turnover near USD $ 2 billion. The Company currently has an inventory of about 3 million egg layers, 600,000 breeding ducks and 20,000 sows.
The future expansion of business will focus on production and marketing of branded pork with an projected capacity 4 million hogs in four major locations-Santai County of Sichuan, Liangshan Region of Sichuan, Tongren prefecture of Guizhou and Shihezi prefecture of Xinjiang.
Genesus will provide registered purebred & swine breeding stock from Canada. These new genetics will contribute to above TQLS business strategy by lowering the hog production cost and improving meat quality through the supply of swine genetics and technical service.