Two Sessions Time | National People's Congress Representative, Lu Qingguo from Chenguang Biotech Group: Improve the quality standards of Chinese Patent Medicine, regulate the centralized procurement model for Traditional Chinese Medicine, and optimize the
① Lu Qingguo, Director of Chenguang Biotech Group and a representative of the National People's Congress, focused on several recommendations at this year's Two Sessions, including optimizing the procurement mechanism for Traditional Chinese Medicine, enhancing the quality standards for Chinese Patent Medicine, and standardizing the Traditional Chinese Medicine granule industry; ② In addition to recommendations related to the Traditional Chinese Medicine industry, Lu Qingguo prepared several suggestions on rural social retirement insurance, rural medical insurance, and increasing support for companies sanctioned by the United States.
The recovery of pork prices has driven a significant increase in the performance of the "Noodle King." Chen Ke Ming Food Manufacturing expects to turn profits in 2024 with net income returning to the positive | Interpretations
① Chen Ke Ming Food Manufacturing expects to achieve a net income of 0.12 billion to 0.18 billion yuan in 2024, turning a profit year-on-year; ② With the recovery of pig prices in 2024, Chen Ke Ming Food Manufacturing is likely to return to profitability. However, due to capacity constraints, the income from the pig Sector may struggle to keep up with the soaring pig prices.
Anjoy Foods Group has submitted its prospectus, aiming for A+H shares, with Goldman Sachs and China International Capital Corporation as joint sponsors | A-share company listed in Hong Kong.
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.
Due to issues such as the inaccurate disclosure of executive compensation, Jiao Tong University An Li's management recently responded to the warning | Quick read of the announcement.
① The management of Jiaotong University Angle held a press conference today to respond to the issues mentioned in the warning letter received from the Shanghai Securities Regulatory Bureau yesterday. ② In response to the issue of inaccurate disclosure of executive compensation, Jiaotong University Angle stated that the specific circumstance involved the company's former management purchasing group insurance and refunding it to personal accounts through policy cancellation. ③ The company has filed a lawsuit against the then executives and relevant personnel, with the case value amounting to 21.0393 million yuan.
Xiwang Foodstuffs Vice Chairman Sun Xinguo: The scale of the rapeseed oil business is expanding, and the sports nutrition products are in a transitional stage. | Interview with Finance
1. With the decline in raw material prices such as corn and protein, xiwang foodstuffs' performance in the first three quarters showed high growth. The fourth quarter is the traditional peak season for corn oil, and it is expected that the earnings will further improve. 2. The company's sports nutrition business has started to grow steadily. In the first half of this year, xiwang foodstuffs' sports nutrition business revenue accounted for close to 50%, with a gross margin of 30.47%. The company plans to develop 2-3 major products in the next two years.