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Yantai China Pet Foods Suspends Convertible Corporate Bonds
Donghai Securities: "november 11 shopping festival-related" pet food performance is impressive. The leader is strong and continues to be strong.
In September 2024, China's pet food export volume was 0.0256 million tons, a year-on-year increase of 5.47%; the export value was 0.124 billion US dollars, a year-on-year increase of 11.04%. The export volume and export value of pet food have maintained rapid year-on-year growth since the beginning of this year, continuing to show growth in September due to last year's low base effect.
Central China: Pig prices are running weakly, while the pet data during singles' day sales continues to grow.
Central China Securities released research reports stating that the industry's pe and pb are both lower than the historical valuation center, at a relatively low level, and are expected to see a valuation rebound in the future, maintaining an investment rating of "stronger than the market" for the industry.
Guolian Securities: Hog farming prosperity rises, pet and fodder companies' prosperity is on the rise.
In Q3 2024, the revenue of the pig sector increased compared to the previous quarter. 15 listed pig companies achieved a revenue of 126.516 billion yuan in the third quarter of 2024, an increase of 3.20% year-on-year and 18.01% quarter-on-quarter.
Shenwan Hongyuan: Focus on the theme of food security, focusing on the planting industry, hog farming, and pet food across multiple sectors.
According to statistics from 37 listed companies tracked by Shenwan Agriculture, Forestry, Animal Husbandry and Fisheries, the total net income attributable to mothers in Q3 2024 was 18.4 billion yuan, a year-on-year increase of +358%, with hog farming and pet food performance growth leading the way.
Earnings Beat: Yantai China Pet Foods Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
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