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Zhongan Securities: Recently, pig prices have continued to decline slightly, and the production capacity growth of breeding enterprises has slowed down.
China Post Securities released research reports stating that the current prices in many areas have fallen below 17 yuan/KG, and with the temperature gradually declining, it is expected that there will be limited downward space in the future.
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.
Wens Foodstuff Group (300498.SZ): The equity distribution for the first three quarters is 10 shares at 1.5 yuan each. The ex-dividend and ex-rights date is November 18th.
November 11, Guolonghui News | Wens Foodstuff Group (300498.SZ) announced that the equity distribution scheme for the first three quarters of 2024 is as follows: based on the total equity excluding the repurchased holding of 35,740,780 shares, the remaining 6,618,178,156 shares, each shareholder will receive 1.5 yuan in cash (including tax) for every 10 shares, totaling 992,726,723.40 yuan in cash distributed. This distribution will not include bonus shares or capital reserve transfer to increase share capital. The equity distribution registration date for this time is November 15, 2024, with ex-rights and ex-dividend date on November 2024.
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.
Wens Foodstuff's Broiler Sales Revenue Slides 3% in October
Express News | Wens Foodstuff Says Oct Hog Sales Revenue up 32.4% Y/Y at 5.8 Bln Yuan
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