China's agricultural and animal husbandry giant Dajiang shares bid farewell to the "chicken market"?

Introduction: the last straw of Untitled Document? St Dajiang (600695) has been losing money for two years On January 29, will the suspected avian influenza virus found in Shanghai become the last straw to crush it? Before TDT appeared, Dajiang stock was in a very awkward situation Xia Zhiqiang, director of the company's administrative department, said that Dajiang's semiannual report last year disclosed losses in its main business, mainly other businesses (such as real estate) were maintaining profits Mr Xia also said that since Thailand, the joint venture partner, is withdrawing capital, Dajiang is in a more and more difficult situation TDT Specifically speaking, three years ago, Dajiang went to Zaoyang, Hubei Province to invest in Zaoyang Dajiang poultry industry Co., Ltd and now it has a serious loss; in May 2002, Dajiang went to Fuxin, Liaoning Province to sign an investment project of 80 million yuan Dajiang takes 53% of its shares in terms of brand, management, equipment, seedlings, etc., and now it's just a break even operation; in Songjiang base, the base of Dajiang, the number of chicken farms has changed from The initial 50 million feathers dropped to 30 million in 2003, leaving only 20 million this year TDT "chicken industry is close to meager profit." Xia Zhiqiang sighed Today's bird flu incident in TDT makes Dajiang worse Gu Weiwen, Secretary of the board of directors of Dajiang shares, describes this sudden crisis Lei Liguang, chairman of TDT Dajiang, said that after the discovery of bird flu in Shanghai, Dajiang's chicken could only be sold in the local market, which of course affected But Ray said it was impossible to estimate how much the impact would be 30% of Dajiang's chicken exports, 80% of which are exported to Japan, and Japan's Ministry of agriculture, forestry and Fisheries announced on the evening of the 27th that it would suspend the export of Chinese birds and related products until it was confirmed that China was a clean country On February 3, TDT, Dajiang shares issued a risk advisory announcement, "the bird flu incident may have a significant impact on our company's production, operation and business performance in 2004, and the extent of its impact is not yet estimated Please pay attention to the risk." TDT at this time, a company with business contacts with Dajiang said that "Dajiang wants to quit the shrinking chicken industry in an all-round way", and the news said that Dajiang has even killed the breeding chickens For this once "one of the largest leading enterprises of agriculture and animal husbandry in China, and an important non-staple food production and export base in the suburbs of Shanghai", such an outcome is somewhat cruel However, according to Lei Liguang, killing chickens is a normal behavior according to the natural cycle Dajiang has not made a decision to quit the chicken industry, and it is not certain whether the main industry will turn to real estate or not According to Gu Weiwen, the urgent task of St Dajiang is to restructure and turn losses Whether the chicken industry gives up completely has not yet been determined TDT "can't go out" the export business of other TDT enterprises is facing the same heavy blow Although the loss is hard to quantify due to the sudden incident, a deputy general manager of COFCO industrial food import and Export Co., Ltd., a subsidiary of COFCO, said that "the loss is very large" After the outbreak of TDT Asian avian influenza, South Korea, Thailand and other countries have taken the initiative to stop their chicken exports AQSIQ sent a letter to the major exporting countries and regions of poultry products in China, informing them of the epidemic situation and relevant measures It hoped that AQSIQ would take a regional and different approach to China, and would not restrict the import of non epidemic provinces and cooked poultry products However, according to the deputy general manager of COFCO industrial food import and Export Co., Ltd., in fact, Chinese chicken "can't go out, because the door of foreign countries has been closed for you" TDT is just a matter of happiness and sorrow However, pork production and sales may rise as a result of the heavy losses in chicken industry Xia Chongyin, vice president of Nanjing Yurun Group, believes that the sharp decrease of chicken consumption will lead to the increase of pork consumption Xia also estimates that the sales of Yurun Group will maintain a 20% increase this year TDT has eight factories in Shanghai, Dongguan and other places, and the Taiwan invested Haiwei feed group seems to be able to confirm Xia Chongyin's view from the side Cao Xiaofeng, feed administration manager of Haiwei, admitted in an interview with this newspaper on February 3 that "at present, poultry feed has been slow-moving in all respects, while our pig feed sales have increased rapidly, and it is expected that pork sales will increase in the near future." TDT Cao also believes that the chicken and duck meat market is expected to be good in the second half of this year, because avian influenza is a short-term disease, when the huge consumer market will be able to recover "We pay close attention to the government's compensation measures, but there is no document and spirit to convey now," said Wang xingyong, a representative of grassland Xingfa (000780) securities, which is a leading industry of green bird chicken In fact, the sudden bird flu has put the government and business associations in a special situation On January 29, TDT, the Ministry of agriculture asked the China Association of animal husbandry to issue a questionnaire to its member units, including the price of seedlings and poultry, the price of poultry products, the amount of breeding, the situation of economic loss and calculation It is said that sun Libo, the Organization Department of the association, said that in total, more than 50 enterprises have been investigated and received all the feedback the next day According to the survey of the association, the four enterprises with the most serious losses are Guangdong Wenshi food group, Sino Thai joint venture Jilin Deda Co., Ltd., Beijing Huadu Broiler company and Shandong Zhucheng Foreign Trade Group Company On February 2, another related association, China Chamber of Commerce for import and export of food, soil and livestock, went to the Ministry of Commerce to report On the morning of February 3, the officials of the poultry branch held a meeting in the Ministry of finance, went to the national development and Reform Commission in the afternoon, and held a meeting within the association at noon At nearly 4:00 p.m on February 3, the reporter called the Agriculture Department of the Department of agriculture of the Ministry of Finance and was told that the relevant departments were indeed working out a compensation plan, but the detailed rules had not yet come out The above-mentioned personnel of the Agriculture Department of the Ministry of finance just said that specific policies will be introduced in the near future, and there is no comment on when the "near future" is TDT then called the Export Department of agricultural products of the Department of foreign trade of the Ministry of Commerce The other side said that at present, what they are talking about is more about the relief for farmers, but they haven't talked about the relief for enterprises But this person also said that we will also raise the issue of compensation for the damaged import and export enterprises at the meeting The information and Publicity Office of the Ministry of agriculture of TDT told this newspaper that the compensation standard for damage of aquaculture enterprises is under study According to Lei Liguang, chairman of TDT Dajiang Co., Ltd., the issue of subsidies to the breeding industry "will not be a specific thing, it will not be how much you lose and then how much you make up, it can only be a policy, and the future policies may include loan discount, tax preference, etc." TDT 21st century economic report reporter Zuo Zhijian Liu Hua Shanghai report TDT