Pickling and curing have failed to reverse the decline: pig prices are not strong during the peak season. Will listed pig companies face a "test"?
Under the background of ample supply, the impact of processed meat on boosting pork prices is limited, as the average profit per pig in December has already shrunk by over a hundred yuan; industry insiders expect that next year's pork prices may be weaker than this year's, and related listed pig companies with lower costs are still guaranteed to make a profit, but companies with high costs may face certain risks of loss.
The 2024 yellow-feathered chicken market is "full of ups and downs," where is the "dawn" of corporate profits in 2025? | Year-end summary.
1. Driven by cost reduction and efficiency improvement, the yellow-feathered chicken enterprises show strong performance in 2024, with Wens Foodstuff Group, Jiangsu Lihua Animal Husbandry, and Hunan Xiang Jia husbandry achieving net income growth of 241.47%, 507.71%, and 259.71% year-on-year in the first three quarters; 2. Looking ahead to 2025, some industry insiders believe that with the support of dual engines of cost reduction and consumer boost, the enterprises' profitability is expected to continue to be maintained.
CVC under Yili raised a seed Fund in Anhui to invest in food science start-ups.
① Yili stated that the establishment of the Anhui Jianling Seed Fund aims to seek investment opportunities in early-stage innovative enterprises in the health food sector. ② The Anhui Jianling Seed Fund will invest no less than 70% of the total investment amount in small and medium-sized technology innovative enterprises in the startup phase.
The pig industry is undergoing changes! "Cost reduction" has become the key to success or failure. Are publicly listed pig companies experiencing better-than-expected profit improvements?
Under the dual effect of rising Pork prices and falling costs, the profitability of listed pig farming companies is rapidly improving.
Pork company sales "sprint": More than 70% of the sales target completion rate exceeds 90%. December may continue to increase volume | Industry news.
① As of the end of November, over 70% of listed pork enterprises have exceeded 90% of their target for livestock output; ② Currently, smallholders and group pig farms are accelerating their output, leading to increased market supply of Pork, with limited strength in Animal Slaughter consumption, resulting in pork prices falling below 8 yuan; ③ The output of live pigs is expected to continue increasing in December.
Fortune ng fung food has been repeatedly named by regulators for failing to timely disclose related party trades exceeding 30 million.
① Due to various violations such as failing to disclose related trades, obstructing independent directors from exercising their duties, and transferring over hundreds of millions of funds without disclosure, fortune ng fung food was subjected to administrative regulatory measures by the Hebei Securities Regulatory Commission at the end of October; ② Today, the company released a rectification and re-examination report indicating that the company misinterpreted relevant policies regarding the obstruction of independent directors from exercising their powers, and failed to sign a contract with the re-examination unit in a timely manner, resulting in the failure to complete the re-examination work on schedule.