In September, the group's pig farming enterprises actively slaughtered, and the profitability of Q4 breeding may continue | Industry Trends

1. The pig price continues to rebound, combined with the continued decline in costs, resulting in simultaneous increase in quantity and price of pig enterprises in the third quarter; 2. The average selling price of the group's pig enterprises in September is between 18.6 yuan/kg and 19 yuan/kg, with most pig farms' breeding costs around 14 yuan/kg, demonstrating considerable profitability for breeding enterprises; 3. It is widely believed within the industry that there is still profit potential for pig enterprises in the fourth quarter.

cls.cnOct 11 00:03 ET

Key customer loss, fortune ng fung food admits "it is the responsibility of the company's board of directors and management team" | Direct hit earnings conference

①Li Liang, the chairman of Fortune Ng Fung Food, stated at the company's performance briefing that the intensity of market competition has increased, and the loss of important customers is the responsibility of the board of directors and management; ②Some investors are dissatisfied with the company not only because of poor performance, but also due to frequent internal control issues over the years.

cls.cnOct 10 06:49 ET

The first hog-raising company's forecast for the first three quarters is out: "Pig King" muyuan foods' net profit exceeds 10 billion yuan|Quick read announcement

①Benefiting from the rebound in pork prices and the decrease in breeding costs, Muyuan Foods is expected to turn losses into profits in the first three quarters, with a net profit exceeding 10 billion yuan; ②The profit of Muyuan Foods in the first three quarters is mainly contributed by the third quarter, with the company expecting a profit of 9 billion yuan to 10 billion yuan in Q3; ③Several industry insiders predict that pork prices are expected to remain relatively high in the fourth quarter, and profits of breeding enterprises may continue.

cls.cnOct 9 08:56 ET

After the market cap management conference, hunan state-owned assets took action, Hunan Agricultural Investment increased its shareholding in Hunan New Wellful | Quick read announcement.

①hunan new wellful is a state-owned hunan stock that has quickly implemented the spirit of the provincial market cap management work conference held at the end of last month. ②Today, Agricultural Development Investment increased its shareholding of hunan new wellful by 0.7 million shares, accounting for 0.06% of hunan new wellful's total share capital. Agricultural Development Investment also plans to continue increasing its holdings of the company's stocks in the next 6 months. ③hunan new wellful's stock price opened high and fell today, with a price fluctuation of 14.31%.

cls.cnOct 8 11:33 ET

Has the harsh winter passed? Pig feed demand is now picking up: a frontline salesperson sold 100 tons more in a single month compared to the beginning of the year.

①Affected by the recovery of the breeding market, the demand for first-line pig fodder is trending upwards. Some frontline fodder sales staff have reported: "In September, sales were 100 tons higher than in January."; ② Although pig feed has seen continuous improvement compared to the previous month, there is still a gap compared to the same period last year; ③ According to industry experts, the positive trend in pig feed demand, coupled with low raw material costs, may become a support point for future corporate performance improvement.

cls.cnSep 29 06:22 ET

Another example of a large-scale repurchase plan! 16 listed companies disclosed repurchase plans this week, muyuan foods plans to make a maximum bid of 4 billion.

①This week, the buying frenzy of listed companies continues. According to incomplete statistics from Caijing, 16 listed companies have disclosed buyback plans (attached table); ②Large-scale buybacks are frequent in A-shares, with muyuan foods, the leading hog farming company with a total market value exceeding 230 billion yuan, planning to spend a maximum of 4 billion on buybacks.

cls.cnSep 28 02:29 ET