Congratulations to the listed pig company for adding another general!

 　　Recently, Guangxi Yangxiang Co.
, Ltd.
(hereinafter referred to as "Yangxiang Co.
, Ltd.
") submitted a prospectus (application draft), intending to issue no more than 148 million ordinary shares on the main board of the Shenzhen Stock Exchange, and it is expected to raise approximately 10.
403 billion yuan
.

9EJ China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The submission draft shows that Yangxiang's main business is pig breeding and feed production.
It is a scientific and technological agricultural and animal husbandry enterprise integrating breeding pigs, pork pigs, pig essence, pig feed, intelligent pig raising equipment, and intelligent pig raising smart platform
.

　　In 2020, Yangxiang achieved revenue of 13.
112 billion yuan, a year-on-year increase of 124.
01%; net profit was 4.
168 billion yuan, an increase of more than 4 billion yuan from the 113 million yuan in 2019
.

　　From the prospectus, Yangxiang's feed output from 2018 to 2020 will be 1.
85 million tons, 1.
32 million tons, and 1.
73 million tons, respectively, accounting for 0.
81%, 0.
57% and 0.
69% of the total national feed output; the proportion of self-use from 2018 28% rose to 53% in 2020, the proportion of feed business also dropped from 65.
75% in 2018 to 23.
41% in 2020, and the proportion of breeding business gradually increased from 34.
04% in 2018 to 76.
45% in 2020
.
9EJ China Feed Industry Information Network-Based on feed, serving animal husbandry

　　From 2018 to 2020, the number of live pigs for slaughter was 1.
98 million, 1.
42 million and 2.
14 million, respectively, accounting for 0.
29%, 0.
26% and 0.
41% of the total number of slaughtered pigs in the country
.
As of December 31, 2020, Yangxiang shares had 2.
01 million live pigs, including 170,000 breeding pigs, 210,000 reserve pigs, 410,000 piglets, and 1.
22 million fattening pigs
.
9EJ China Feed Industry Information Network-Based on feed, serving animal husbandry

      In addition, the number of pig essence sold by Yangxiang shares in 2018-2020 is 1.
99 million bags, 2.
37 million bags and 5.
84 million bags, respectively
.
The income of pig essence has also increased from 0.
76% in 2018 to 2.
82% in 2020 .
9EJ China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Yangxiang's main competitors include Muyuan, Zhengbang Technology, Wen's and other large-scale pig breeding industry chain-related companies.
As can be seen from the table below, Yangxiang ranks among the top ten in the country according to the number of pigs produced for slaughter
.
9EJ China Feed Industry Information Network-Based on feed, serving animal husbandry

9EJ China Feed Industry Information Network-Based on feed, serving animal husbandry

　　For this listing, Yangxiang shares intends to issue no more than 148 million ordinary shares on the main board of the Shenzhen Stock Exchange.
It is expected to raise approximately 10.
403 billion yuan.
The investment projects of the raised funds are shown in the table below.
They will be mainly used in Guangxi, Liaoning, The construction of live pig projects in Guangdong accounted for 62.
67%, 22.
01%, and 15.
31% of the total funds raised respectively
.
After the project is completed, it will form a huge industrial chain including 3.
5 million live pigs, 100,000 breeding pigs, 4.
86 million bags of pig essence, 2.
55 million slaughter capacity, 78,000 tons of meat deep processing and supporting feed processing
.
9EJ China Feed Industry Information Network-Based on feed, serving animal husbandry

9EJ China Feed Industry Information Network-Based on feed, serving animal husbandry