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Shareholders Should Be Pleased With Yunnan Shennong Agricultural Industry Group Co.,LTD.'s (SHSE:605296) Price
Shen Nong Group (605296.SH): The wholly-owned subsidiary breeding pig company intends to reduce its registered capital by 9 million yuan.
Glory Financial reported on December 18 that Shennong Group (605296.SH) announced plans to effectively integrate resources and further improve capital utilization efficiency. The company's wholly-owned subsidiary, the original breeding pig company, intends to reduce its registered capital by 9 million yuan. After the capital reduction is completed, the registered capital of the original breeding pig company will decrease from 10 million yuan to 1 million yuan, and the company will still Hold 100% equity in the original breeding pig company.
Announcement of the main operating data of the breeding business of Yunnan Shennong Agricultural Industry Group Co., Ltd. in November 2024
Shen Nong Group (605296.SH): In November, the hog sale revenue was 0.407 billion yuan.
On December 6, Gelonghui reported that Shennong Group (605296.SH) announced that in November 2024, the company sold 0.1934 million live pigs (of which 0.1851 million were commodity pigs), generating a sales revenue of 0.407 billion yuan. Among these, 0.0319 million live pigs were sold to the group’s internal animal slaughter businesses. In November 2024, the price of commodity pigs showed a downward trend, with an average selling price of 16.71 yuan/kg, a decrease of 4.30% compared to October 2024. From January to November 2024, the company sold a total of 2.0599 million live pigs (of which 1.9234 million were commodity pigs).
Shennong Group (605296.SH): has not yet initiated a buyback.
Gelonghui December 2nd, Shennong Group (605296.SH) announced that, as of November 30, 2024, the company has not yet started the repurchase.
Here's Why Yunnan Shennong Agricultural Industry GroupLTD (SHSE:605296) Can Manage Its Debt Responsibly
