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Muyuan, known as the "Pig Boss", has recently fallen into a downward trend again in its stock price.
Data show that in February this year, the stock price of Muyuan once exceeded 120 yuan per share, and its total market value once exceeded 470 billion yuan.
Recently, Muyuan shares announced that it plans to establish a subsidiary in Guannan County, Jiangsu Province to engage in pig slaughtering business, with a planned registered capital of 100 million yuan
In Muyuan’s view, the establishment of this subsidiary “focuses on the improvement of the company’s business layout and long-term strategic development plan.
The Shell Finance reporter observed that under the background of non-epidemic conditions, the development of the pig breeding industry has become a trend from the transfer of live pigs to the transfer of frozen fresh after slaughter, and Muyuan shares have continued to exert efforts in the layout of the slaughter business in recent years
It is understood that Muyuan Co.
In the first half of this year, Muyuan continued to accelerate the layout of its downstream slaughter business.
At the same time, Muyuan Co.
The financial report shows that in the first half of this year, Muyuan shares sold 17.
