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1.
Zhu Zengyong elaborates on the 5 major characteristics of the fifth round of "pig cycle"XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The five "pig cycles" since 2003 are June 2003-May 2006, June 2006-June 2009, June 2009-April 2014, and May 2014-2018 May and June 2018 to present
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
1.
The pig price in the fifth round of "Pig Cycle" has a greater amplitude, and the pig price peak is much higher than the previous rounds
.
The combination of the pig epidemic and environmental protection prohibition caused a decline in production and triggered a sharp increase in prices
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
2.
The price of pigs will rise and fall, making the pig industry a little confused
.
It is also under such circumstances that the fifth round of the "pig cycle" has a distinctive feature, that is, more obvious speculative psychology
3.
In this round of "pig cycle", the regionalization and large-scale characteristics of the pig industry are also more significant
.
Among them, the status of pig breeding in the southwest and northeast regions has gradually emerged
4.
In September this year, the Ministry of Agriculture and Rural Affairs formulated the "Implementation Plan for Pig Production Capacity Regulation (Interim)", which set for the first time "the normal population of reproductive sows is stable at about 41 million heads, and the minimum population is no less than 37 million heads.
" This policy fills in the policy gap of counter-cyclical control from the production side
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
5.
A breakthrough in pork imports
.
In this "pig cycle", pork imports will reach 4.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
2.
Ministry of Agriculture and Rural Affairs: Encourage speeding up the elimination of low-yielding sows and take advantage of the trend to produce fat pigs for slaughterXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
According to the monitoring of the Ministry of Agriculture and Rural Affairs, the number of pigs slaughtered by designated hog slaughter companies above designated size from January to September increased by 60.
9% year-on-year, with a year-on-year increase of 95.
2% in September
.
Since late January this year, pork prices have fallen for eight consecutive months.
In the second week of October, the average price of pork in the bazaar was 21.
03 yuan per kilogram, a decrease of 60.
8% from January this year.
In September, the loss of pig farms (households) across the country reached 76.
7%
.
There are some free-range households and some large-scale households.
Regarding the market outlook, Kong Liang said that the live pig market supply "looks at the piglets in the mid-term, and the sows in the long-term
.
" Since March, the number of newborn piglets per month in large-scale pig farms has been more than 30 million, and it has continued to grow
In the next step, the Ministry of Agriculture and Rural Affairs will focus on the reduction of live pig production capacity, strengthen production and market monitoring, timely issue overcapacity warnings, encourage farms (households) to speed up the elimination of low-yielding sows, take advantage of the trend to produce fat pigs, so that the production capacity of pigs can be recovered as soon as possible.
To a reasonable level
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
3.
The sluggish pig price is expected to last until the first half of next year.
More than 2,000 companies use live pig futures to control risksXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The performance forecasts for the first three quarters recently released by many pig breeding companies intensively seem to have opened a "tragic meeting"
.
Faced with such a huge price risk, hog companies are actively using derivative tools to reduce losses
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Brokers China reporter learned from the "2021 China Agriculture and Animal Husbandry Industry (Derivatives) Conference Pig Forum and China Pig Trade Conference" that 19 of the top 20 leading companies in pig breeding have submitted delivery warehouse application materials to DCE , 11 became the delivery warehouses for pig futures
.
In addition, more than 60 breeding companies have applied for hedging qualifications, and more than 2,000 industrial companies have participated in live pig futures transactions
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In addition, the reporter was also informed that this year DCE strongly supports small and medium-sized farmers to use "insurance + futures" to achieve stable income and increase income.
A total of about 132 million yuan has been invested in the breeding of "insurance + futures" project, which will guarantee the income of farmers in the "DCE 131 live pig "insurance + futures" projects have been established in the "Plan", covering 27 provinces across the country, with a maximum loss rate of 405%
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Zhu Zengyong, chief expert of international livestock product production and trade monitoring and early warning of the Ministry of Agriculture and Rural Affairs, said that the overall loose supply of pork will not change in the short term, and the low pig price will continue until the first half of next year
.
The recent rebound in pig prices is phased.
In the future, the supply of frozen pork may overdraft and rebound
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
4.
Hundreds of pig farms in Hunan have "rotten tails", and piglets are sold as roast suckling pigs at a low priceXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
As the pig farming industry enters the cold winter, a reporter from China Economic Weekly found that piglets were sold as roast suckling pigs at a low price, and some pig farm projects had breached the contract and had "unfinished".
.
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
On October 17, Lin Lin, the head of a pig breeding company in the central region, told the reporter of China Economic Weekly that at present, there is a dilemma in some areas of China that piglets frequently fall in price and no one cares about it.
Can choose to sell it to the roast suckling pig shop vendor at a price of 20-30 yuan per piglet
.
This detonated the suckling pig business in some places
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Lin Lin calculated an account for the reporter.
At present, the market price of newly born piglets is 300 yuan/head, and the market price of piglets after weaning is 500-600 yuan/head, but now the piglet farmers are paying 20-30 yuan/head.
The price of selling to roast suckling pig shop vendors, a piglet leaving the hand means a loss of more than 300 yuan
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In September of this year, a "Notice Concerning the Economic Dispatch of "Unfinished" Large-Scale Enterprise Projects in 2021" attracted attention online.
Hegao’s debt operation has caused huge losses due to the continuous drop in live pig prices after February
.
In addition, some leading companies have topped economic efficiency and have a weak sense of social responsibility.
In recent years, some of the projects in our province have defaulted to withdraw funds, and projects under construction have been suspended, and Defaults on the construction and maintenance fees of cooperative farmers have occurred from time to time, which has become a major hidden danger in the operation of the current agricultural economy
.
"XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Informed people’s feedback: “There are hundreds of'unfinished' pig farm projects
in Hunan alone .
Compared with the crazy capacity expansion in the early stage, the pig production capacity expansion of such leading companies has slowed down a lot.
Some companies originally planned.
We have built a farm in Hunan to raise 800,000 sows, but now there may not be 80,000 sows
.
"XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
V.
Feed production situation in September: pig, poultry, and aquatic feed production all declined month-on-month, and ruminant feed increased month-on-monthXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In September 2021, the country’s total industrial feed output was 26.
27 million tons, a decrease of 3.
5% month-on-month and an increase of 2.
7% year-on-year
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In terms of breeds, the output of pig feed was 10.
99 million tons, a decrease of 1.
7% month-on-month and an increase of 19.
9% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The production of egg and poultry feed was 2.
62 million tons, a decrease of 2.
3% month-on-month and 11.
9% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of meat and poultry feed was 7.
68 million tons, down 4.
3% month-on-month and 14.
4% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of aquatic feed was 3.
4 million tons, down 11.
2% month-on-month and up 15.
9% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of ruminant feed was 1.
24 million tons, an increase of 4.
6% month-on-month and 4.
1% year-on-year
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
From January to September 2021, the country’s total industrial feed output was 218.
4 million tons, a year-on-year increase of 16.
9%
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Among them, the output of pig feed was 95.
08 million tons, a year-on-year increase of 56.
2%;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of aquatic products and ruminant animal feed were 19.
68 million tons and 10.
4 million tons, respectively, an increase of 13.
2% and 13.
3% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of egg and poultry feed was 23.
6 million tons and 66.
95 million tons, a year-on-year decrease of 9.
7% and 5.
2% respectively
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
VI.
VTR plans asset restructuring and plans to sell the pharmaceutical businessXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
On the evening of October 20, VTR disclosed a reminder announcement on the planning of a major asset reorganization.
The listed company planned to sell its pharmaceutical business.
On the same day, it discussed the transaction with Changde Caixin Financial Holding Group and Jinshi Jiashan Industrial Development Investment Co.
, Ltd.
The agreement of intent was signed, the transaction is still in the planning stage, and the transaction plan needs further discussion and verification
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The Securities Times·e company reporter noted that since its listing, VTR has successively acquired companies such as Hongyingxiang, Xinhexin, and Longteng Biotechnology in Tianjin to enter the field of biomedicine
.
In recent years, through a number of mergers and acquisitions, VTR has successfully completed the two major industrial layouts of biomedicine and biological agriculture and animal husbandry
.
Regarding the reason for the sale, VTR said it was based on the company's business development and strategic layout considerations
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
However, in the first half of this year, VTR achieved operating income of approximately 871 million yuan, a year-on-year decrease of 5.
06%; net profit attributable to the parent was approximately 60,441,400 yuan, a year-on-year decrease of 13.
05%
.
Regarding the decline in operating income, VTR said that it was mainly due to the increase in sales of the biomedical sector affected by the epidemic in the same period last year, and sales returned to normal during the reporting period
.
Among them, in terms of business revenue, the company's biomedical sector revenue reached 408 million yuan, with a gross profit margin of 38.
52%, and revenue dropped by more than 30% year-on-year
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
7.
Ruipu Biotech plans to acquire 20% equity of Beijing Challenge Agricultural Technology Co.
, Ltd.
for 48 million yuanXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
On October 19, Ruipu Biotechnology issued an announcement stating that Tianjin Ruipu Biotechnology Co.
, Ltd.
responded to the call of the national policy to increase the strategic layout of anti-antibiotic products and further enhance its competitiveness and sustainable development capabilities in the feed additive market.
To expand new business growth points, it plans to acquire a 20% stake in Beijing Challenge Agricultural Technology Co.
, Ltd.
held by Hangzhou Zhongyu Zhichen Investment Management Partnership (Limited Partnership) with its own funds of RMB 48 million
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Tianjin Ruipu Biotechnology Co.
, Ltd.
, as a leading company in China's animal health products industry, has 2 large-scale production lines of various types, more than 300 animal products such as livestock and poultry, including biological vaccines, pharmaceutical raw materials, pharmaceutical preparations, and feed additives.
One of China's largest manufacturer and service provider of animal health products with the most complete product range
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
1.
Zhu Zengyong elaborates on the 5 major characteristics of the fifth round of "pig cycle"XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Zhu Zengyong elaborated on the 5 characteristics of the fifth round of "Pig Cycle" 1.
Zhu Zengyong elaborated on the 5 characteristics of the fifth round of "Pig Cycle"
The five "pig cycles" since 2003 are June 2003-May 2006, June 2006-June 2009, June 2009-April 2014, and May 2014-2018 May and June 2018 to present
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
1.
The pig price in the fifth round of "Pig Cycle" has a greater amplitude, and the pig price peak is much higher than the previous rounds
.
The combination of the pig epidemic and environmental protection prohibition caused a decline in production and triggered a sharp increase in prices
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
2.
The price of pigs will rise and fall, making the pig industry a little confused
.
It is also under such circumstances that the fifth round of the "pig cycle" has a distinctive feature, that is, more obvious speculative psychology
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
3.
In this round of "pig cycle", the regionalization and large-scale characteristics of the pig industry are also more significant
.
Among them, the status of pig breeding in the southwest and northeast regions has gradually emerged
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
4.
In September this year, the Ministry of Agriculture and Rural Affairs formulated the "Implementation Plan for Pig Production Capacity Regulation (Interim)", which set for the first time "the normal population of reproductive sows is stable at about 41 million heads, and the minimum population is no less than 37 million heads.
" This policy fills in the policy gap of counter-cyclical control from the production side
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
5.
A breakthrough in pork imports
.
In this "pig cycle", pork imports will reach 4.
39 million tons in 2020
.
Before 2019, pork imports accounted for less than 4% of domestic pork production, and by 2020 this proportion will reach 10.
7%
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
2.
Ministry of Agriculture and Rural Affairs: Encourage speeding up the elimination of low-yielding sows and take advantage of the trend to produce fat pigs for slaughterXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Ministry of Agriculture and Rural Affairs: Encourage to speed up the phasing out of low-yielding sows and take advantage of the situation to produce fat pigs.
According to the monitoring of the Ministry of Agriculture and Rural Affairs, the number of pigs slaughtered by designated hog slaughter companies above designated size from January to September increased by 60.
9% year-on-year, with a year-on-year increase of 95.
2% in September
.
Since late January this year, pork prices have fallen for eight consecutive months.
During the Mid-Autumn Festival and National Day consumption peaks that have just passed, there was no rebound in pork prices
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In the second week of October, the average price of pork in the bazaar was 21.
03 yuan per kilogram, a decrease of 60.
8% from January this year.
In September, the loss of pig farms (households) across the country reached 76.
7%
.
There are some free-range households and some large-scale households.
There are both self-raising and self-raising, as well as those that purchase piglets.
This is a calculated ratio
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Regarding the market outlook, Kong Liang said that the live pig market supply "looks at the piglets in the mid-term, and the sows in the long-term
.
" Since March, the number of newborn piglets per month in large-scale pig farms has been more than 30 million, and it has continued to grow
.
From August to September, the national stock of reproductive sows was close to 110% of the normal stock
.
It is expected that the number of fat pigs on the market from the fourth quarter of this year to the first quarter of next year will increase significantly year-on-year, and the relative oversupply of live pigs will continue for a period of time.
If the production capacity is not substantially reduced, the pig price downturn will be difficult to reverse, especially after the Spring Festival next year.
In the low season of consumption, pig prices may continue to fall, causing heavy losses in pig breeding
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In the next step, the Ministry of Agriculture and Rural Affairs will focus on the reduction of live pig production capacity, strengthen production and market monitoring, timely issue overcapacity warnings, encourage farms (households) to speed up the elimination of low-yielding sows, take advantage of the trend to produce fat pigs, so that the production capacity of pigs can be recovered as soon as possible.
To a reasonable level
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
3.
The sluggish pig price is expected to last until the first half of next year.
More than 2,000 companies use live pig futures to control risksXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The sluggish pig price is expected to last until the first half of next year, and more than 2,000 companies use live hog futures to control risks.
3.
The sluggish pig price is expected to last until the first half of next year.
More than 2,000 companies use hog futures to control risks.
The performance forecasts for the first three quarters recently released by many pig breeding companies intensively seem to have opened a "tragic meeting"
.
Faced with such a huge price risk, hog companies are actively using derivative tools to reduce losses
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Brokers China reporter learned from the "2021 China Agriculture and Animal Husbandry Industry (Derivatives) Conference Pig Forum and China Pig Trade Conference" that 19 of the top 20 leading companies in pig breeding have submitted delivery warehouse application materials to DCE , 11 became the delivery warehouses for pig futures
.
In addition, more than 60 breeding companies have applied for hedging qualifications, and more than 2,000 industrial companies have participated in live pig futures transactions
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In addition, the reporter was also informed that this year DCE strongly supports small and medium-sized farmers to use "insurance + futures" to achieve stable income and increase income.
A total of about 132 million yuan has been invested in the breeding of "insurance + futures" project, which will guarantee the income of farmers in the "DCE 131 live pig "insurance + futures" projects have been established in the "Plan", covering 27 provinces across the country, with a maximum loss rate of 405%
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Zhu Zengyong, chief expert of international livestock product production and trade monitoring and early warning of the Ministry of Agriculture and Rural Affairs, said that the overall loose supply of pork will not change in the short term, and the low pig price will continue until the first half of next year
.
The recent rebound in pig prices is phased.
In the future, the supply of frozen pork may overdraft and rebound
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
4.
Hundreds of pig farms in Hunan have "rotten tails", and piglets are sold as roast suckling pigs at a low priceXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Hundreds of pig farms in Hunan are "sucking tails" and piglets are sold as roast suckling pigs at a low price.
As the pig farming industry enters the cold winter, a reporter from China Economic Weekly found that piglets were sold as roast suckling pigs at a low price, and some pig farm projects had breached the contract and had "unfinished".
.
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
On October 17, Lin Lin, the head of a pig breeding company in the central region, told the reporter of China Economic Weekly that at present, there is a dilemma in some areas of China that piglets frequently fall in price and no one cares about it.
Can choose to sell it to the roast suckling pig shop vendor at a price of 20-30 yuan per piglet
.
This detonated the suckling pig business in some places
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Lin Lin calculated an account for the reporter.
At present, the market price of newly born piglets is 300 yuan/head, and the market price of piglets after weaning is 500-600 yuan/head, but now the piglet farmers are paying 20-30 yuan/head.
The price of selling to roast suckling pig shop vendors, a piglet leaving the hand means a loss of more than 300 yuan
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In September of this year, a "Notice Concerning the Economic Dispatch of "Unfinished" Large-Scale Enterprise Projects in 2021" attracted attention online.
Hegao’s debt operation has caused huge losses due to the continuous drop in live pig prices after February
.
In addition, some leading companies have topped economic efficiency and have a weak sense of social responsibility.
In recent years, some of the projects in our province have defaulted to withdraw funds, and projects under construction have been suspended, and Defaults on the construction and maintenance fees of cooperative farmers have occurred from time to time, which has become a major hidden danger in the operation of the current agricultural economy
.
"XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Informed people’s feedback: “There are hundreds of'unfinished' pig farm projects
in Hunan alone .
Compared with the crazy capacity expansion in the early stage, the pig production capacity expansion of such leading companies has slowed down a lot.
Some companies originally planned.
We have built a farm in Hunan to raise 800,000 sows, but now there may not be 80,000 sows
.
"XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
V.
Feed production situation in September: pig, poultry, and aquatic feed production all declined month-on-month, and ruminant feed increased month-on-monthXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Feed production situation in September: pig, poultry, and aquatic feed production decreased month-on-month , and ruminant feed increased month-on-month.
Feed production situation in September: pig, poultry, and aquatic feed production decreased month-on-month , and ruminant feed increased month-on-month.
In September 2021, the country’s total industrial feed output was 26.
27 million tons, a decrease of 3.
5% month-on-month and an increase of 2.
7% year-on-year
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
In terms of breeds, the output of pig feed was 10.
99 million tons, a decrease of 1.
7% month-on-month and an increase of 19.
9% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The production of egg and poultry feed was 2.
62 million tons, a decrease of 2.
3% month-on-month and 11.
9% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of meat and poultry feed was 7.
68 million tons, down 4.
3% month-on-month and 14.
4% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of aquatic feed was 3.
4 million tons, down 11.
2% month-on-month and up 15.
9% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of ruminant feed was 1.
24 million tons, an increase of 4.
6% month-on-month and 4.
1% year-on-year
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
From January to September 2021, the country’s total industrial feed output was 218.
4 million tons, a year-on-year increase of 16.
9%
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Among them, the output of pig feed was 95.
08 million tons, a year-on-year increase of 56.
2%;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of aquatic products and ruminant animal feed were 19.
68 million tons and 10.
4 million tons, respectively, an increase of 13.
2% and 13.
3% year-on-year;XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The output of egg and poultry feed was 23.
6 million tons and 66.
95 million tons, a year-on-year decrease of 9.
7% and 5.
2% respectively
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
VI.
VTR plans asset restructuring and plans to sell the pharmaceutical businessXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
VTR plans the asset reorganization and plans to sell the pharmaceutical business VI.
VTR plans the asset reorganization and plans to sell the pharmaceutical business
On the evening of October 20, VTR disclosed a reminder announcement on the planning of a major asset reorganization.
The listed company planned to sell its pharmaceutical business.
On the same day, it discussed the transaction with Changde Caixin Financial Holding Group and Jinshi Jiashan Industrial Development Investment Co.
, Ltd.
The agreement of intent was signed, the transaction is still in the planning stage, and the transaction plan needs further discussion and verification
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
The Securities Times·e company reporter noted that since its listing, VTR has successively acquired companies such as Hongyingxiang, Xinhexin, and Longteng Biotechnology in Tianjin to enter the field of biomedicine
.
In recent years, through a number of mergers and acquisitions, VTR has successfully completed the two major industrial layouts of biomedicine and biological agriculture and animal husbandry
.
Regarding the reason for the sale, VTR said it was based on the company's business development and strategic layout considerations
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
However, in the first half of this year, VTR achieved operating income of approximately 871 million yuan, a year-on-year decrease of 5.
06%; net profit attributable to the parent was approximately 60,441,400 yuan, a year-on-year decrease of 13.
05%
.
Regarding the decline in operating income, VTR said that it was mainly due to the increase in sales of the biomedical sector affected by the epidemic in the same period last year, and sales returned to normal during the reporting period
.
Among them, in terms of business revenue, the company's biomedical sector revenue reached 408 million yuan, with a gross profit margin of 38.
52%, and revenue dropped by more than 30% year-on-year
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
7.
Ruipu Biotech plans to acquire 20% equity of Beijing Challenge Agricultural Technology Co.
, Ltd.
for 48 million yuanXDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Ruipu Biological plans to acquire a 20% stake in Beijing Challenge Agricultural Technology Co.
, Ltd.
for RMB 48 million.
7.
Ruipu Biology plans to acquire a 20% stake in Beijing Challenge Agricultural Technology Co.
, Ltd.
On October 19, Ruipu Biotechnology issued an announcement stating that Tianjin Ruipu Biotechnology Co.
, Ltd.
responded to the call of the national policy to increase the strategic layout of anti-antibiotic products and further enhance its competitiveness and sustainable development capabilities in the feed additive market.
To expand new business growth points, it plans to acquire a 20% stake in Beijing Challenge Agricultural Technology Co.
, Ltd.
held by Hangzhou Zhongyu Zhichen Investment Management Partnership (Limited Partnership) with its own funds of RMB 48 million
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry
Tianjin Ruipu Biotechnology Co.
, Ltd.
, as a leading company in China's animal health products industry, has 2 large-scale production lines of various types, more than 300 animal products such as livestock and poultry, including biological vaccines, pharmaceutical raw materials, pharmaceutical preparations, and feed additives.
One of China's largest manufacturer and service provider of animal health products with the most complete product range
.
XDS China Feed Industry Information Network-Based on feed, serving animal husbandry