GAIG performs well in 2022

Since last year, Guiyang Agricultural Investment Group (GAIG), a State-owned agricultural enterprise, has been making strong efforts to promote the high-quality development of the industrial chain, rural vitalization, and agricultural modernization.

In 2022, the group's total assets reached 21.77 billion yuan ($3.17 billion), up 50.25 percent year on year; its revenue reached 7.42 billion yuan, up 130.14 percent year on year; and total profits reached 125 million yuan, up 140.38 percent year on year.

In the "2022 Top 500 Chinese Agricultural Enterprises Ranking", GAIG ranked 267th, up 76 spots from 2021.

Its subsidiaries, such as South Dairy, Jihai Company and Jinli Oil Co, have made progress in terms of revenue, high-tech development and cold chain reserves.

The Huimin Fresh Food Supermarket in Guiyang operated by the group has increased the production and income of farmers in Guiyang and surrounding areas, with the majority of residents benefiting in some way. 

Additionally, the Huimin Canteen, operated by the group, is being set up. At present, four restaurants have been opened, and the disabled and people over 70 years old can enjoy a discount of about 50 percent.