Fortune Ng Fung Food has been repeatedly named in regulatory announcements for failing to disclose over 30 million yuan in related-party transactions in a timely manner | Express announcement.

①Due to various illegal operations such as failure to disclose related party transactions, hindering the exercise of independent director's duties, and transferring billions of funds without disclosure, Fortune Ng Fung Food was subject to administrative supervision by the Hebei Securities Regulatory Bureau at the end of October; ②Today, the company issued a rectification and review report, stating in relation to hindering the exercise of independent director's duties that there was a misunderstanding of relevant policies, failure to timely sign contracts with the review unit, leading to the failure to complete the review work on time.

cls.cnNov 29 08:12 ET

Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation

① 90% of the listed pork enterprises have reduced their costs to the range of 14 yuan per kilogram, including 5 enterprises such as Sunlon, Muyuan Foods, and Wens Foodstuff Group have reduced to the range of 13 yuan per kilogram; ② Many listed pork enterprises have indicated that there is still some room for cost reduction in the fourth quarter and next year; ③ Industry insiders believe that the cost reduction achievements have become the moat for the long-term development of pig enterprises. While helping companies expand profit margins, it also enhances the resilience of the companies against risks.

cls.cnNov 4 08:36 ET

Corn seed industry competition intensifies, yuan longping high-tech agriculture Q3 net loss expands by 40% year-on-year | Interpretations

① Yuan Longping High-Tech Agriculture achieved revenue of 0.299 billion yuan in Q3, a year-on-year decrease of 60.27%, with a net loss of 0.587 billion yuan, an increase of 40.49% compared to the same period last year; ② The intensifying competition in the corn seed industry is the main factor leading to the company's declining revenue; ③ As of the end of the third quarter, the company's contractual liabilities amounted to 3.87 billion yuan, an increase of 14.8% year-on-year.

cls.cnOct 30 12:45 ET

Nasdaq Hits Record High While Wed Earnings Are Mixed | Wall Street Today

Kevin TraversOct 29 17:25 ET

Net income increased by more than 60% year-on-year, Guangdong Haid Group plans to use no more than 10 billion yuan for financial management | Interpretations

①With the improvement in the live pig market and the low commodity raw material prices, guangdong haid group's net income in the first three quarters increased by more than 60% year-on-year; ②The company announced on the same day that it plans to use idle self-owned funds with a maximum balance not exceeding 10 billion yuan for entrusted wealth management.

cls.cnOct 18 08:12 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