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Express News | Wens Foodstuff Says It Plans to Buy 91.4% Stake in Jchr Envirogroup at 1.6 Bln Yuan
Wens Foodstuff Group (300498.SZ): plans to acquire 91.38% equity of Jun Cheng He Rui for 1.61 billion yuan.
On December 13, Gelonghui reported that Wens Foodstuff Group (300498.SZ) announced a plan to use 1.61 billion yuan in Cash to acquire 91.38% equity of Jun Cheng He Rui. The funding sources will be the raised funds from the issuance of convertible CSI Enterprise bonds to unspecified objects and the company's own funds, with plans to use 1.6 billion yuan from the raised funds, and any shortfall will be covered by own funds. After the completion of this Trade, Jun Cheng He Rui will become a wholly-owned subsidiary of the company.
Pork company sales "sprint": More than 70% of the sales target completion rate exceeds 90%. December may continue to increase volume | Industry news.
① As of the end of November, over 70% of listed pork enterprises have exceeded 90% of their target for livestock output; ② Currently, smallholders and group pig farms are accelerating their output, leading to increased market supply of Pork, with limited strength in Animal Slaughter consumption, resulting in pork prices falling below 8 yuan; ③ The output of live pigs is expected to continue increasing in December.
China Merchants Agriculture, Forestry, Animal Husbandry and Fishery Industry 2025 Investment Strategy Report: Layout breeding prosperity transmission, focus on Transgenic revolution.
Investment opportunities in the Agriculture, Forestry, Animal Husbandry, and Fishery Sector may mainly focus on the transmission of prosperity in the breeding Industry Chain and the acceleration of the industrialization of Biological Breeding.
Express News | Wens Foodstuff Says Nov Hog Sales Revenue up 34.9% Y/Y at 6.1 Bln Yuan
Wen\'s Co., Ltd.: Briefing on sales of main products in November 2024
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