Shuanghui Group

Shuanghui Group
双汇集团

Type	Private with public subsidiary
Industry	Food
Founded	1958
Headquarters	Luohe, Henan, People's Republic of China
Area served	People's Republic of China
Key people	Wan Long (Chairman)
Products	Meat
Revenue	$7.28 billion
Owner	CDH Investments (33.7%) Goldman Sachs (5.2%) New Horizon Capital (4.2%), Temasek Holdings (2.8%).
Number of employees	62,000 - 63,000
Subsidiaries	Henan Shuanghui Investment & Development (Shuanghui Development) Smithfield Foods
Website	WH Group Shuanghui Development

WH Group (Chinese: 万洲国际; pinyin: Wànzhōu guójì), formerly known as Shuanghui Group (Chinese: 双汇集团; pinyin: Shuānghuì jítuán), is a privately owned Chinese meat and food processing company headquartered in Luohe, Henan, China. Sometimes also known as Shineway Group in English-speaking countries, the company's businesses include hog raising, consumer meat products, flavoring products, and logistics. It is the largest pork producer in the world, and the largest meat producer in China.

Shuanghui has 13 facilities that produce more than 2.7 million tons of meat per year. It slaughters more than 15 million pigs a year, but only raises about 400,000; the rest are purchased from suppliers. The company holds more than 500 patents and produces 1,000 different products.

Wan Long (Chinese: 万隆), nicknamed China's "number one butcher" because of the large number of pigs the company slaughters, is the chairman of Shuanghui. As of May 2013, Zhijun Yang is the managing director. The company employs over 60,000 people and is 30% employee owned.

In January 2014, Shanghui International changed its name to WH Group, though one of its subsidiaries, Henan Shuanghui Investment & Development Co., Ltd., retained the Shanghui name. The new name is derived from the initials of "Wanzhou Holdings," where the Chinese characters "wan" and "zhou" connote eternity and continents, respectively. When it acquired Smithfield Foods in 2013, it was still known as Shanghui.

Shuanghui was set up by the local Luohe city government in 1958 as a single processing plant. Wan Long was appointed chairman in 1984. Under Wan, the company has expanded aggressively. In his first year, he turned around a struggling company, bringing it from a net loss to a net profit of 5 million yuan ($1.7 million). The company introduced its first branded meat product to the market in February 1992. Later that year, Shuanghui formed a joint venture with 16 institutional investors across six countries. In 1994, the venture was incorporated as Shuanghui Group. Shuanghui subsidiary Henan Shuanghui Investment & Development Company Limited (: 000895) was established and listed on the in 1998. In 2000, Shuanghui started a post-secondary educational-work research division.