Anyou III (IFC-46206)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Anyou Biotechnology Group Co.,Ltd.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jan 23, 2023

Disclosed by Bank Nov 16, 2022


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

Anyou Biotechnology Group Co., Ltd. (“Anyou” or the “Company”) is a leading animal feed company in China which produces a range of animal feed products at 35 feed mills across 26 provinces with a total production of c. two million metric tons in 2020, comprising mainly of pig feed, and smaller quantities of fish, cow, and duck feed. Products are available in powder, pellet, and granular forms depending upon required end uses. 

The proposed investment is a secured RMB loan of up to US$40 million equivalent.  Use of proceeds will be for the construction and operation of four additional greenfield feed mills, one each in the four frontier provinces of Gansu, Guizhou, Hubei, and Yunnan in China (the “Project”). 

Similar to existing feed mills, the proposed feed mills will adopt a production process comprising several key steps: testing, unloading and storage of raw materials; cleaning of raw materials; grinding of grains and other materials; mixing; cooling and drying; bagging; storage; and loading of finished feed products on outgoing trucks. The main raw materials utilized at the proposed feed mills will be grains (corn, wheat, etc.), proteins (soybean meal and fish meal), oilseeds (soybean oil), and nutritional supplements, such as amino acids added to the final product mix.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Anyou is a portfolio IFC client. The disclosed E&S documents of previous investments are available at https://disclosures.ifc.org/project-detail/ESRS/36905/anyou-ii and https://disclosures.ifc.org/project-detail/ESRS/31568/anyou

Mr. Hung Ping is the Chairman and founder of Anyou. With more than 30 years of experience in the animal feed industry, Mr. Hung Ping has a great passion for pig industry development and has published many books about pig farming and animal nutrition. He is a well-respected animal nutrition expert in the industry. Mr. Hung Ping has a bachelor’s degree in animal husbandry from National Chung Hsing University, Taiwan, China. He is supported by a cadre of senior managers who have deep experience in the animal feed sector.

Shareholders of Anyou include: (i) Anyou Group (China) Company Limited (46.3%); (ii) Jingning Bona LLP (16.1%); (iii) Xiamen Gaoli LLP (10.7%); (iv) Bangwan Consultancy Co., Ltd. (4.6%); (v) Jingning Shenghong LLP (4.2%); (vi) IFC (3.8%), (vii) Jingning Xingyuan LLP (3.2%); and (viii) Other 10 small shareholders owning less than 3% each (collectively 11.1%).

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Anyou Biotechnology Group Co.,Ltd. Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Anyou Biotechnology Group Co., Ltd.
Ms. Zheng Xiaoyan
CFO
+86 512 33006666
zhengxiaoyan@anschina.cn
No. 239 Xingang Road, Taicang City, Jiangsu Province, 215437, China
www.anschina.cn

 

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The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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