On April 19, the 2011 Annual General Meeting of shareholders was held in the conference room on the fourth floor of the group headquarters. A total of 8 shareholders and their agents participated in the general meeting of shareholders, representing 92610242 shares of voting shares, accounting for 67.11% of the total number of voting shares of the company. The meeting deliberated and passed the proposal on examining the work report of the company's annual board of directors in 2011.
2011 is an extraordinary year in the company's development history. In this year, the company firmly grasped the opening year of the implementation of the "12th Five Year Plan" and the development opportunities after the group was listed. It overcame the influence of adverse factors such as the rising raw material price, the fluctuation of pig price and the increasingly fierce market competition. The board of directors and management of the group comprehensively analyzed, accurately judged, timely adjusted the business strategy, and fully focused on the business objectives set at the beginning of the year The advantages of scale and brand of the whole pig industry chain were brought into full play. All the members of the whole industry chain wanted to be brave and brave. They dared to attack the market with their swords. The strategic transformation was unswervingly carried forward. The group's rapid, stable and coordinated development was ensured and a good start was achieved for the group's rapid development after listing.
During the reporting period, the company's business progressed well and its business scale continued to grow. The company achieved 5.7 billion yuan of operating revenue, an increase of 30% over the same period of last year, and a 45% increase in net profit over the same period of last year, and achieved good business performance, laying the foundation for sustainable development this year.
The meeting also passed the 2011 Annual Cash Dividend and capital reserve conversion to share capital, which increased 10 shares for every 10 shares to all shareholders and distributed cash of 3.50 yuan.