Shennong Group announced it was suspending plans for a piglet operation in Guangxi that had an initial planned investment of 120 million CNY ($17.7m USD) and was expected to produce 180k piglets per year.
The plan was announced in June 2025, with the company expecting to invest 550 million CNY ($81.2m USD) across three operations with a combined capacity of 870k piglets per year.
At that time, the company said it was targeting production of 3.2-3.5 million hogs per year, with a goal of exceeding...