Specific content of the event: In February, the number of fertile sows and pigs fell by 0.6% and 1.8% respectively month-on-month, and the number of sows has dropped for 30 consecutive months. Domestic pig prices have risen steadily recently, and the average daily price of pigs out of the national pig on the 16th reached 19.13 yuan / kg, up 4.5% from 18.3 yuan / kg in early March. The pig price in many places has exceeded 20 yuan / kg, setting a record high. From the perspective of industry supply and demand, the current pork demand is off-season, and the tight supply of pigs has become the main reason for price increases.
The company is engaged in the production and sales of feed, breeding and veterinary drugs, and has a complete agricultural and animal husbandry industry chain. The company develops the breeding market with high-quality "double muscle buttocks" large white pig breeding pigs and piglets, and strives to cultivate and build its own breeding ability by strengthening the breeding system and the American breeding pig brand. The company has won the honors of "Strong Enterprise in China's Meat Food Industry", "National Pig Core Breeding Farm", "The First National Top 100 Excellent Enterprises in Pig Industry" and so on. In March 2016, the company raised 2.356 billion yuan for the construction of breeding technology service stations, the development of pig breeding and the repayment of bank loans.
Secondary market trend: The stock rose strongly today, and the market is expected to continue to rush higher.