Here's Why Yunnan Shennong Agricultural Industry GroupLTD (SHSE:605296) Can Manage Its Debt Responsibly

Simply Wall StNov 25 20:57 ET

Shen Nong Group (605296.SH): Currently, the company's operation is normal and has not been affected by the non-infectious epidemic.

Gelonghui November 25th | Shen Nong Group (605296.SH) stated on the investor interaction platform that the country has now entered a stage of normalized prevention and control of African swine fever domestically. With the arrival of winter, the pressure on disease prevention and control has increased, but overall it is preventable and controllable. The company has always adhered to the concept of healthy breeding with "health as the center and biosecurity as the core," sticking to the principles of all-in and all-out, two-point production, moderate scale, and disease purification, establishing a sound biosecurity prevention and control system, laying a solid foundation for the overall health management of the pig population. Currently, the company's operation is normal and has not been affected by African swine fever.

Gelonghui FinanceNov 25 04:36 ET

Shennong Group (605296.SH): 0.454 billion shares of restricted shares from the initial public offering will be listed and traded starting on November 28th.

Shennong Group (605296.SH) issued an announcement on the first public offering of restricted stocks for listing, this stocks listing...

Zhitong FinanceNov 24 03:07 ET

Express News | Shennong Agricultural Says Co Plans to Buy Back Shares for 100-200 Mln Yuan Within 12 Months

ReutersNov 21 20:25 ET

huaan: It is expected that the enthusiasm for restocking will remain weak in Q4 2024, while pig prices in 2025 will receive strong support.

At the end of the third quarter, the average debt-to-asset ratio of listed pig companies remained high at 61.5%, and winter is a peak period for outbreaks in the north. As of now, pork prices are also lower than in Q3, and it is expected that the enthusiasm for restocking in Q4 will be weaker than in Q3, with restocking enthusiasm continuing to be sluggish.

Zhitong FinanceNov 19 03:30 ET

Shennong Agricultural Industry's Pig Sales Revenue Rises in October; Shares Up 3%

MT NewswiresNov 7 00:39 ET