Muyuan Stock discusses second-generation succession.

On the afternoon of May 16th, the 2024 annual shareholders' meeting of Muyuan Group was held at the company's headquarters in Nanyang, Henan. The 60-year-old founder and chairman, Qin Yinglin, appeared together with the second-generation management team that he personally nurtured to address investors' concerns and provide detailed answers on hot topics such as internationalization strategy, cost control, and business layout. Qin Yinglin said, "In the past decade, we have made satisfactory achievements in business, governance, and compliance. Especially, the company's management team has established a succession system early on, cultivated second-generation successors, and the results have been effective and satisfactory." The core members of Muyuan Group's second-generation management team include Chief Financial Officer Gao Xiang, head of butchering meat Qin Muyuan, Chief Human Resources Officer Wang Chunyan, Chief Operations Officer of hog production Li Yanpeng, and Chief Legal Officer Yuan Hebin. This management team, with an average age of less than 35, are business backbone members who have grown from the grassroots level.