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Guangming Meat Industry (600073.SH): does not involve Live Cattle Farming Business.
On April 22, Gelonghui reported that Bright Meat Industry (600073.SH) stated on the interactive platform that the company does not engage in Live Cattle Farming. Its subsidiary, New Zealand Silver Fern Farm, is an Animal Slaughter processing enterprise, and the livestock it slaughters are sourced from local farmers.
Bright Meat Industry (600073.SH): The overall output volume is expected to remain stable in 2025.
Gelonghui, April 15丨Guangming Meat Industry (600073.SH) stated on the interactive platform that the total number of hogs to be slaughtered in 2024 is 1.019 million, and the slaughter volume is expected to remain generally stable in 2025.
There's Reason For Concern Over Shanghai Bright Meat Group Co., Ltd.'s (SHSE:600073) Price
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.
Full text of Guangming Meat\'s 2024 Annual Report
