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The pet economy sector in the A-share market declined, with Yuanfei Pets hitting the limit down.
On December 5th, according to Gelonghui, Yuanfei Pet reached a limit down and Tianyuan Pet fell over 7%. Yike Foods, Qudongli, yantai china pet foods, guangdong haid group, and Yiyi Co. also declined.
A-share pet economy concept stocks rose, Yuanfei Pet hit the daily limit for two consecutive days.
On December 3rd, Gelonghui reported that Tianyuan Pet and Yuanfei Pet achieved a two-day consecutive rise, while Qudongli, Lusi Co., and Guibao Pet followed suit.
A-shares related to the pet economy have risen, with Tianyuan Pet increasing by over 14%.
Gelonghui December 2|Tianyuan Pet rises by over 14%, Yuanfei Pet hits the daily limit, cre8 direct(ningbo)co.,ltd., guangzhou ruoyuchen technology, and Lusi shares rise together.
Tianyuan Pet (301335.SZ): In the first half of 2024, the gross margin of the company's pet food was 10.11%.
On November 21, Glonghui reported that Tianyuan Pet (301335.SZ) stated in a recent investor relations activity that the company mainly imports and authorized sales of well-known pet food brands under Mars and other companies, primarily focusing on staple food for cats and dogs. In 2023, the gross margin for the company's pet food was 8.79%, and from January to June 2024, the gross margin for pet food was 10.11%.
Tianyuan Pet (301335.SZ): has cumulatively repurchased 2.4129% of the shares.
On November 1st, Gelonhui announced that since the commencement of the first share repurchase until the close of the Shenzhen Stock Exchange on October 31, 2024, the company repurchased 3,040,239 shares through a repurchase special securities account via centralized competitive trading, accounting for 2.4129% of the company's current total share capital (as of October 31, 2024, the company's total share capital is 126,000,000 shares). The highest fill price was 18.24 yuan per share, the lowest fill price was 15.87 yuan per share, and the total amount paid was 51,571,497 yuan.
Tianyuan Pet: Report for the third quarter of 2024