The "breeding heat" has led to an increase in piglet prices, listed pig companies are increasing piglet sales, and pasture companies are emerging丨Industry dynamics.
① Recently, the price of piglets has risen for three consecutive weeks, leading listed pig enterprises to increase piglet sales; ② Currently, breeding sows are being concentrated in listed pig enterprises and group pig enterprises, while smallholders mainly focus on piglet fattening and secondary fattening, and free-range farming companies are on the rise.
Beef companies are generally under pressure, with Bright Meat Industry's net income excluding non-recurring items falling over 40% year-on-year丨Interpretations
① Guangming Meat Industry's revenue and net income have declined for two consecutive years; ② In the fourth quarter of 2024, the company's main revenue is 5.603 billion yuan, with a net income of -0.165 billion yuan for the quarter.
Two Sessions Time | National People's Congress Representative, Lu Qingguo from Chenguang Biotech Group: Improve the quality standards of Chinese Patent Medicine, regulate the centralized procurement model for Traditional Chinese Medicine, and optimize the
① Lu Qingguo, Director of Chenguang Biotech Group and a representative of the National People's Congress, focused on several recommendations at this year's Two Sessions, including optimizing the procurement mechanism for Traditional Chinese Medicine, enhancing the quality standards for Chinese Patent Medicine, and standardizing the Traditional Chinese Medicine granule industry; ② In addition to recommendations related to the Traditional Chinese Medicine industry, Lu Qingguo prepared several suggestions on rural social retirement insurance, rural medical insurance, and increasing support for companies sanctioned by the United States.
The recovery of pork prices has driven a significant increase in the performance of the "Noodle King." Chen Ke Ming Food Manufacturing expects to turn profits in 2024 with net income returning to the positive | Interpretations
① Chen Ke Ming Food Manufacturing expects to achieve a Net income of 0.12 billion yuan to 0.18 billion yuan in 2024, turning losses into profits year-on-year; ② In 2024, the price of live pigs is expected to rebound, and Chen Ke Ming Food Manufacturing is likely to return to profitability. However, due to capacity constraints, the revenue from the live pig Sector may have difficulty keeping pace with the soaring pig prices.
Warned for issues such as inaccurate disclosure of executive compensation, the latest response from the management of Ant Financial College. | Speed reading announcement
①Today, the management of Jiaoda Angli held a media communication meeting to respond to the issues mentioned in the warning letter from the Shanghai Securities Regulatory Bureau received yesterday. ②Regarding the inaccurate disclosure of executive compensation, Jiaoda Angli stated that the specific situation involves the former management of the company purchasing group insurance and receiving refunds to individual accounts. ③The company has filed a lawsuit against the then executives and related personnel, with the case involving a value of 21.0393 million yuan.
Xiwang Foodstuffs Vice Chairman Sun Xinguo: The scale of the rapeseed oil business is expanding, and the sports nutrition product business is in a transformation stage. | Interview with Finance Specialist
①With the decline in prices of raw materials such as corn and protein, xiwang foodstuffs achieved high growth in performance in the first three quarters. The fourth quarter is the traditional peak season for corn oil, and it is expected that profits will further improve. ②The company's sports nutrition business has begun to grow steadily. In the first half of this year, the revenue share of xiwang foodstuffs' sports nutrition business accounted for nearly half, with a gross margin of 30.47%. The company plans to develop 2-3 major single products within two years.