Qin Yinglin
Chinese agribusiness entrepreneur; founder of Muyuan Foods; deputy to the National People's Congress
| Qin Yinglin
| |
|---|---|
| Born | 17 April 1965 (Forbes) Neixiang county, Nanyang, Henan, China (Forbes) |
| Nationality | Chinese |
| Residence | Nanyang, China (Forbes) |
| Occupation | Businessman |
| Known for | Founder and honorary chairman for life of Muyuan Foods |
| Spouse(s) | Qian Ying (Forbes) |
| Children | Qin Muyuan (son) |
Qin Yinglin (Chinese: 秦英林; born 17 April 1965) is a Chinese businessman who founded Muyuan Foods, which Yicai describes as China's largest pig-farming company.[1][2] He started the business in 1992 with 22 pigs.[3] On 1 June 2026 he resigned as chairman and president after reaching the company's mandatory retirement age, and the board proposed making him honorary chairman for life.[3] On 10 November 2026 the Forbes Real-Time Billionaires list ranked Qin Yinglin 124th in the world, with an estimated net worth of US$21.2 billion; Forbes lists the source of wealth as pig breeding.[1][4] In the annual World's Billionaires list published in 2026, Forbes had ranked Qin Yinglin 121st, at US$20.8 billion.[5] Qin and his wife, Qian Ying, are Muyuan's controlling shareholders, with about 52% of the shares.[3][2] He has been a deputy to the National People's Congress.[6][7]
Early life
Forbes reports that Qin was born in Neixiang county in Henan province and worked at a state-run pork producer before starting his own business.[1]
Muyuan Foods
Qin founded the business in 1992 with his wife, Qian Ying, and 22 pigs.[1][3] Muyuan, based in Henan province, is listed in Shenzhen (002714) and Hong Kong (2714).[2][3] Forbes puts its annual pig-farming capacity at about 80 million head.[1] The company's 2026 resignation announcement describes an integrated chain from feed processing and breeding to slaughtering and processing.[3] Hong Kong listing. In February 2026 Muyuan raised HK$10.7 billion (about US$1.4 billion) in a Hong Kong listing, the city's largest of the year to that point. It said it planned to expand into South-East Asia and build feed-procurement teams in countries such as Brazil.[8] The cornerstone investors were led by Thailand's Charoen Pokphand Foods and Singapore's Wilmar International, alongside Sinochem Hong Kong and FIL Investment Management.[9] Forbes reported in 2023 that Muyuan was also pursuing a listing in Switzerland.[1] Succession. On 1 June 2026 Qin stepped down as executive director, chairman and president. Cao Zhinian, a director since 2009 whom Forbes describes as a cousin of Qian Ying, became chairman, and the finance chief Gao Tong became president.[3][1] Qin's son, Qin Muyuan, chief executive of the subsidiary Muyuan Meat and holder of 11.1 million A-shares, was nominated to the board. Qin himself became president of the Muyuan Hog Farming Research Institute.[3] Yicai reported that low pork prices had pushed the company to a CNY 1.2 billion net loss in the first quarter of 2026.[2]
Wealth
Forbes lists his source of wealth as pig breeding and classes him as self-made.[1] Yicai reported that the Hurun Global Rich List ranked the couple 101st, with combined wealth of CNY 170 billion.[2]
Wealth history
Forbes has included this entry in its annual World's Billionaires list in 12 of the editions from 2001 to 2026 checked for this profile, starting with 2015. The table gives the rank and estimated net worth in each annual list.[5][1]
| Year | World's Billionaires rank | Net worth (US$ bn) |
|---|---|---|
| 2015 | 1533 | 1.2 |
| 2016 | 1067 | 1.7 |
| 2017 | 1030 | 2.0 |
| 2018 | 629 | 3.6 |
| 2019 | 452 | 4.3 |
| 2020 | 43 | 18.5 |
| 2021 | 44 | 33.5 |
| 2022 | 59 | 24.1 |
| 2023 | 86 | 18.9 |
| 2024 | 122 | 15.5 |
| 2025 | 153 | 14.6 |
| 2026 | 121 | 20.8 |
Political roles
As an NPC deputy and Muyuan's chairman, Qin said in 2023 that China's breeding pigs lagged behind advanced international standards, and he called for smart farming to ensure food security.[6] At the 2026 "Two Sessions" he put forward five proposals for the pig industry. They included a pig-farming AI "large model", an industry-sharing platform, domestic breeding, disease eradication and clean production.[7]
International and political links
This section uses the same ten headings for every profile in this series. Only specific, sourced actions are included; company-level and foundation-level actions are labelled as such. Where nothing was found, the entry reads "No documented involvement found in sources checked."
Israel (investments, operations, donations, contracts, statements)
No documented involvement found in sources checked.
Zionist or pro-Israel organisations and lobbying groups
No documented involvement found in sources checked.
Jewish communal charities
No documented involvement found in sources checked.
Gulf states
No documented involvement found in sources checked.
China
Qin has been a deputy to the National People's Congress and has put forward proposals on pig farming at its annual sessions.[6][7]
Russia
No documented involvement found in sources checked.
India
No documented involvement found in sources checked.
Palestinian or Arab causes
No documented involvement found in sources checked.
Home government
See China.[6]
Other international links
Company level: in 2026 Thailand's Charoen Pokphand Foods and Singapore's Wilmar International were among the cornerstone investors in Muyuan's Hong Kong listing. The company planned to expand into South-East Asia and to source feed in countries such as Brazil.[9][8]
See also
Notes
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Forbes, Forbes profile record for Qin Yinglin (Forbes data feed behind forbes.com/profile/qin-yinglin/) Forbes, live record, read 10 November 2026, accessed 10 November 2026.
- ↑ 2.0 2.1 2.2 2.3 2.4 Yicai Global, China Pig Farming Giant Muyuan Expands Board as Founder Retires, Son Joins Yicai Global, 2 June 2026, accessed 10 November 2026.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 Muyuan Foods Group Co., Ltd., Announcement: proposed amendments to the Articles of Association; resignation of directors, chairman and senior management; proposed appointment of executive directors; appointment of chairman and senior management HKEXnews (Hong Kong Exchanges and Clearing), 1 June 2026, accessed 10 November 2026.
- ↑ Forbes, Forbes Real-Time Billionaires data feed Forbes, live; downloaded 10 November 2026 13:47 UTC, accessed 10 November 2026.
- ↑ 5.0 5.1 Forbes, Forbes World's Billionaires list data feed, annual editions 2001–2026 (one file per year at this path with the year substituted; all 26 files downloaded and read) Forbes, annual lists; downloaded 20 October 2026, accessed 10 November 2026.
- ↑ 6.0 6.1 6.2 6.3 CGTN, NPC Deputy: China's pig breeding should focus on smart farming CGTN, 11 March 2023, accessed 10 November 2026.
- ↑ 7.0 7.1 7.2 National Business Daily, 全国人大代表、牧原食品股份有限公司董事长秦英林：坚定不移推进养猪产业高质量发展 (NPC deputy and Muyuan chairman Qin Yinglin: steadfastly advance high-quality development of the pig industry) 每日经济新闻 (National Business Daily), 10 March 2026, accessed 10 November 2026.
- ↑ 8.0 8.1 Bloomberg, Muyuan eyes pig farms, feed supply after $1.4b HK listing China Daily Hong Kong, 6 February 2026, accessed 10 November 2026.
- ↑ 9.0 9.1 T. K. Lin, Muyuan IPO feeds into Hong Kong’s public market rebound KrASIA, 9 February 2026, accessed 10 November 2026.