HANILFEED CO., LTD is a Korea-based company mainly engaged in the animal feed business and fresh meat distribution business together with its subsidiaries. The Company operates in three divisions: feed, fresh meat distribution and dairying. The feed division engages in the provision of feeds including mixed feeds, single grain feeds and feed supplements for cattle, pigs, chickens, ducks and other animals. The fresh meat distribution division engages in the distribution of imported beef and pork in the domestic market. The dairying division engages in the provision of milks. It also involves in the race horse, leasing and Korean food businesses. As of December 31, 2011, the Company had 10 affiliated companies.