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Even With A 29% Surge, Cautious Investors Are Not Rewarding Zhejiang Huatong Meat Products Co., Ltd.'s (SZSE:002840) Performance Completely
Zhejiang Huatong Meat Products (002840.SZ): Cumulatively repurchased 0.07% of shares.
On December 2, Ge Long Hui reported that Zhejiang Huatong Meat Products (002840.SZ) announced that as of November 30, 2024, the company had repurchased a total of 467,900 shares through a dedicated securities account for stock repurchase via centralized bidding, accounting for approximately 0.07% of the company's total share capital. The highest fill price for the repurchased shares was 10.80 yuan/share, and the lowest fill price was 10.58 yuan/share, with a total transaction amount of 4,998,994.00 yuan (excluding transaction fees). This repurchase complies with the company's share repurchase plan and relevant laws and regulations.
CICC: In October, pig prices continued to decline, while the number of animals slaughtered continued to increase slowly.
From October to mid-November, the pig price continues to decline, but the decline is slow and resilient, mainly due to the small increase in supply and the low acceptance of low prices by the breeding side.
Dongxing: In October, the average price of pigs has adjusted, and the profits of leading farming operations continue to be realized.
At the end of the year, the group enterprise's realization of slaughter volume on the supply side and the situation of increasing weight at the industry end are present. On the demand side, with the cooling weather and traditional consumer boost from preserved meat for the Lunar New Year, in the game of supply and demand thriving, there may be a phase of price rebound in the future.
Zhejiang huatong meat products (002840.SZ): Application for issuing stocks to specific targets approved by the Listing Examination Center of the Shenzhen Stock Exchange.
On November 20, 2023, Gelonghui reported that zhejiang huatong meat products (002840.SZ) announced that on November 20, 2024, it received the notice from the listing review center of the Shenzhen Stock Exchange regarding the "Opinion Notice on the Application of zhejiang huatong meat products Co., Ltd. for Issuing Stocks to Specific Objects." The listing review center of the Shenzhen Stock Exchange reviewed the application documents submitted by the company for issuing stocks to specific objects and concluded that the company meets the issuance conditions, listing conditions, and information disclosure requirements. Subsequently, the Shenzhen Stock Exchange will report to the china Securities Regulatory Commission to fulfill the relevant registration procedures according to regulations.
Huatong Meat Products' Pig Sales Revenue Falls, Chicken Sales Revenue Climbs in October