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.
The Ministry of Industry and Information Technology is guiding photovoltaic companies to reduce production capacity expansion. Institutions say the industry's consolidation is beginning to take shape.
① The Ministry of Industry and Information Technology revised the "Standards for Photovoltaic Infrastructure" and the "Interim Measures for the Management of Photovoltaic Infrastructure Norms Announcement". This aims to guide local areas to rationally lay out photovoltaic manufacturing projects based on resource endowments and industrial foundations, and to encourage intensive and clustered development. ② Last week, over 20 silicon wafer companies held a related industry self-regulation meeting online again, aiming to cooperate in production reduction to improve the current market environment.
Pork prices have fallen for three consecutive months. Has the economic cycle failed?
Recently, pork prices have shown a continuous downward trend, and the industry’s prosperity cycle not only failed to continue but is also showing signs of gradual collapse. The Wind Pork Industry Index has significantly underperformed the market.
Chunxue Food: Focus on developing overseas markets, with an expected year-on-year export growth of 40% in 2024. | Direct coverage of the earnings conference
1. Domestic chicken product sales and prices are lower than expected, putting pressure on Chunxue Food's performance this year; 2. Chairman Zheng Weixin of the company stated that the company is focusing on developing foreign markets, with exports expected to reach around 0.025 million tons in 2024, an increase of about 40%.
0.368 billion yuan! Duang Yongping's 'disciples' took action on a listed company, and the latest response has come.
① The ultimate beneficiary of Suzhou Step Higher is Zhang Yuan, who is currently a director of OPPO and a non-executive director of Extreme Rabbit Express. Both of these major brands are associated with Duan Yongping. ② The Secretary of the Board of Directors of Daqian Ecology & Environment Group stated that the change in the controlling shareholder this time is mainly due to the impact of the original controlling shareholder's industry, such as the real estate market, on the industry's development not being ideal. Therefore, they want to introduce high-quality resources through the new controlling shareholder to help the company transform and find new profit growth opportunities.
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. The cost of 90% of the listed pig companies has dropped to the range of 14 yuan per kilogram, including five companies such as Sunlon, Muyuan Foods, and Wens Foodstuff Group, which have dropped to the range of 13 yuan per kilogram; 2. Several listed pig companies 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 a moat for the long-term development of pig companies, helping companies expand their profit margins and enhance their risk resistance capabilities.