Borrowing amount does not exceed 1 billion yuan, 120 billion top pig enterprise shares buyback to obtain financial institutions funding support | Summary of post-market announcements
Muyuan Foods: Signed a 2.4 billion yuan special loan agreement with China CITIC Bank Corporation for share repurchase.
Pork prices are skyrocketing, combined with a bull market 'pouring wealth from the sky', pig enterprises are expected to regain their king status.
After a period of correction, the pork prices are showing a "thunderous takeoff" trend.
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 continuous cost decline, leading to a simultaneous increase in volume and price of pig enterprises in the third quarter. 2. In September, the average sales price of the group's pig enterprises ranged between 18.6 yuan/kg and 19 yuan/kg, with the majority of pig enterprises' breeding costs around 14 yuan/kg, and the profitability of breeding companies is considerable. 3. It is widely believed in the industry that there is still profit space expected for pig enterprises in the fourth quarter.
Resumption of trading tomorrow! gtja plans to acquire haitong sec through stock swap and raise supporting funds | Highlights of post-market announcements
gtja: haitong sec's stock swap ratio with gtja is 1:0.62
The first listed pig farming company released its forecast for the first three quarters: "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 expects to turn losses into profits in the first three quarters, with a net profit exceeding 10 billion; ② Muyuan Foods' profit in the first three quarters is mainly contributed by the third quarter, and the company expects a profit of 9 to 10 billion yuan in Q3; ③ Several industry experts predict that pork prices are expected to maintain relatively high levels in the fourth quarter, and the profitability of breeding enterprises may continue.
Has the cold winter passed? Pig feed demand is now turning around: frontline salespeople are selling 100 tons more in a single month compared to the beginning of the year.
1. Impacted by the recovery of the breeding market, the demand for front-line pig fodder is increasing. Some front-line fodder sales staff mentioned: "In September, they sold 100 tons more in a single month compared to January". 2. Although the pig feed has shown continuous improvement on a month-on-month basis, there is still a gap compared to the same period last year. 3. Some industry insiders believe that the improving demand for pig feed, coupled with low raw material costs, may become a support point for future corporate performance improvement.