80% of the breeding herd blue ear double yin, PSY30-32! Superstar agriculture and animal husbandry create a high healthy population, and the breeding cost is as low as 6.35 yuan per catty

80% of the breeding herd blue ear double yin, PSY30-32! Superstar agriculture and animal husbandry create a high healthy population, and the breeding cost is as low as 6.35 yuan per catty

On July 8, Superstar Agriculture and Animal Husbandry released the 2024 semi-annual performance forecast, with an estimated net profit attributable to the parent company of -32 million yuan to -49 million yuan, a year-on-year decrease of 85.93%-90.81%, and a single-quarter estimated net profit of 98 million yuan in the second quarter.

In the first half of 2024, Superstar Agriculture and Animal Husbandry will continue to reduce costs and increase efficiency in the pig breeding business, and achieve a turnaround. The production performance continued to improve, among which the PSY of excellent pig farms in Sichuan exceeded 30, and the benchmark farms reached the international benchmark level of PSY32. The cost of pig breeding in May was 6.35 yuan/catty, a decrease of 0.99 yuan/kg from the end of 2023.

In the first half of the year, the pig business turned a profit

According to the data of the Ministry of Agriculture and Rural Affairs, the average price of live pigs in the first half of 2024 will be 7.81 yuan / catty, especially since May, pig prices have risen rapidly, and the average price of live pigs in June was as high as 9.07 yuan / catty. The rebound in pig prices has driven pig enterprises to operate a large area of stop loss in the first half of the year, and even achieved an overall turnaround in the pig breeding sector, and superstar agriculture and animal husbandry is one of them.

According to the announcement, in the first half of 2024, Superstar Agriculture and Animal Husbandry is expected to achieve a net profit attributable to the parent company of -32 million yuan to -49 million yuan, a year-on-year decrease of 85.93%-90.81%. Based on the data of the first quarter, the net profit attributable to the parent company is estimated to be 98 million yuan in the second quarter.

For the loss of the overall performance in the first half of 2024, Superstar Agriculture and Animal Husbandry said that due to the impact of the company's leather business in the first half of the year by the sluggish demand in the downstream market, sales volume and revenue decreased year-on-year, resulting in the company's operating performance in the reporting period failed to be profitable.

In May, the cost of pig breeding was 6.35 yuan/catty

Adhering to the concept of "serious pig raising for 100 years, focusing on the pig industry chain", the benchmark farm PSY32 has reached the international advanced level, and has continuously improved the superstar "five-star breeding system" by focusing on the key cutting-edge technologies of genetic inheritance, precision nutrition, production management, biological security and environmental control (including environmental protection), focusing on population improvement, self-cultivation, and the implementation of precision feeding, so as to improve the scale, automation and intelligence level of pig breeding, expand and improve quality, reduce costs, increase efficiency, and cultivate internal skills.

According to the research of the new pig pie, as of April this year, all the core original breeding farms of superstar agriculture and animal husbandry are blue-ear double-yin fields, and up to 80% of the breeding pigs are blue-ear double-negative, creating high-health breeding pigs from the architecture system. Since 2023, the cost of pig breeding has continued to decline, reaching 6.35 yuan/kg in May, a decrease of 0.99 yuan/kg from the end of 2023.

In addition, the record of investor relations activities released by Superstar Agriculture and Animal Husbandry on June 14 shows that the main production indicators of superstar agriculture and animal husbandry pig breeding will continue to improve and improve in 2024, among which the PSY of excellent pig farms in Sichuan has exceeded 30, and the PSY of benchmark farms has reached 32, and it is expected that this year's PSY will be significantly improved compared with the PSY level of the previous year.

The production capacity of the breeding farm is more than 150,000 heads

In recent years, the development focus of Dechang pig breeding integration project is to expand the scale with capital advantages, and the annual pig slaughter volume has maintained a year-on-year increase of more than 70% during the three-year period from 2021 to 2023. Moreover, superstar agriculture and animal husbandry will expand production capacity through leasing, acquisition, new construction and expansion of pig farms, and achieve the development goal of "based in Sichuan and going to the whole country", with a slaughter scale of more than 10 million heads, and the cost is not higher than 80% of the industry average.

By the end of 2023, Superstar Agriculture and Animal Husbandry has formed 30 standardized breeding farms in Sichuan, Guizhou, Anhui and other places, of which more than 20 are distributed in Sichuan Province.

In April 2024, the total amount of funds raised by superstar agriculture and animal husbandry through the issuance of shares to specific objects will not exceed 1.2 billion yuan, of which 720 million yuan will be used for 8 new pig breeding capacity projects such as the construction project of Chongzhou Linxiu boar station and the construction project of Jiajiang superstar Ganjiang pig farm.

In May 2024, Greatstar Agriculture and Animal Husbandry signed a cooperation agreement with Liangshan Zhouyuan Green Agricultural Technology Co., Ltd. on a 17,500-head breeding pig project, and the project of 500,000 piglets slaughtered in Liangshan Garden Green Ganluo is scheduled to be delivered to Greatstar Agriculture and Animal Husbandry for leasing and operation after completion in November 2024. At the same time, the introduction of the first pig breeding integration project of Superstar Agriculture and Animal Husbandry, namely the Dechang Greatstar Pig Breeding Integration Project, was completed as planned, and it is expected to reach full production in the fourth quarter of 2024. It is reported that the project adopts the "building pig" model, which can accommodate 36,000 sows, and the annual pig production can reach 972,000 heads.

As of May, the existing pig farm production capacity of Superstar Agriculture and Animal Husbandry is more than 150,000 heads, and it is expected to reach more than 200,000 heads in the second half of the year. While expanding production capacity, many industry insiders questioned that the superstar agriculture and animal husbandry association would face the risk of delisting due to the large pace of expansion, which led to the rupture of the capital chain. In this regard, the company continues to deepen the main business of pig breeding, guided by value regional investment, selectively lays out production capacity in projects with superior biosecurity conditions and close to the consumer market, and adopts the "company + farmer" model for fattening to reduce the company's investment in fixed assets, effectively improve the efficiency of capital utilization, output standardized processes and systems, and breeding technology, so as to help the company's development goals be achieved safely and steadily.

· END·

【Layout Editor】Meng Xuan

【Content Writing】Yao Kunpeng

【Data Mapping】Yao Laopeng

【Content Review】Li Dan

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