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    Home > Active Ingredient News > Feed Industry News > The sale of the equity of 20 subsidiaries still cannot alleviate the financial constraints, and Zhengbang wants to "slim down" again

    The sale of the equity of 20 subsidiaries still cannot alleviate the financial constraints, and Zhengbang wants to "slim down" again

    • Last Update: 2022-10-03
    • Source: Internet
    • Author: User
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    ;

    On the evening of September 15, Zhengbang Technology issued an announcement that the company signed a cooperation framework agreement with Hubei Grain Co.


    Zhengbang Technology said that the company and Hubei Provincial Grain Company in line with the principle of complementary advantages, mutual benefit to establish a cooperative partnership, is conducive to giving full play to the industrial advantages of both sides, enhance the market competitiveness of both sides, to achieve win-win cooperation, common development, in line with the company's actual development needs, give full play to the advantages of Hubei Provincial Grain Company in feed supply, the industrial chain to the downstream breeding industry, at the same time the company in Hubei and the surrounding can obtain a stable source of feed supply, upgrade the level of cooperation between the two sides, to achieve the maximum benefits of the industrial chain, So as to empower the company's operation and promote the company's future business development


    Since 2022, Zhengbang Technology has sold the equity of 20 holding subsidiaries to "slim down" VkK China Feed Industry Information Network - based on feed, serving animal husbandry

    Since the beginning of this year, Zhengbang Technology has announced the transfer of all or part of the equity


    1.


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

    2.


    After the completion of this transaction, the equity ratio of Zhengbang Technology in Shandong Tianpu Sunshine will drop from 51% to 46.


    3.


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

    4.


    Through the announcement, it can be seen that in addition to the positive net profit of 8 feed factories in 2021, the net profit of 10 pig companies and Zhengnongtong Network Company is all negative


    Pig sales, revenue, out of the pen average weight are down VkK China feed industry information network - based on feed, service livestock

    On September 9, Zhengbang Technology disclosed a briefing on pig sales, selling 613,500 pigs in August (including 254,300 piglets and 359,200 commercial pigs), down 30.


    The average sales price of commercial pigs (after deducting piglets) was 21.


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

    From January to August 2022, the company sold a total of 6.


    In the first eight months of this year, the sharp decline in pig sales of Zhengbang Technology also caused the company's sales ranking to fall from the second place in the same period last year to the fourth place, lower than Makihara shares, Wen's shares and New Hope


    Zhengbang Technology said that the company's August pig sales and sales revenue fell significantly year-on-year, mainly due to the company's business strategy adjustment and optimization of production capacity, and the number of pig sales fell sharply month-on-month, mainly due to the company's adjustment of the rhythm of


    ;

    On the evening of September 15, Zhengbang Technology issued an announcement that the company signed a cooperation framework agreement with Hubei Grain Co.


    The company intends to transfer some of its subordinate pig breeding industry related assets to Hubei Provincial Grain Company, and Hubei Provincial Grain Company will enter the pig breeding industry


    Since 2022, Zhengbang Technology has sold the equity of 20 holding subsidiaries to "slim down" VkK China Feed Industry Information Network - based on feed, serving animal husbandry

    Since 2022, Zhengbang Technology has sold the equity of 20 holding subsidiaries to "slim down" Since 2022, Zhengbang Technology has sold the equity of 20 holding subsidiaries to "slim down"

    Since the beginning of this year, Zhengbang Technology has announced the transfer of all or part of the equity
    of 20 holding subsidiaries.
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    Since the beginning of this year, Zhengbang Technology has announced the transfer of all or part of the equity
    of 20 holding subsidiaries.

    1.
    On February 28, 2022, Zhengbang Technology issued an announcement that the company signed an "Equity Transfer Agreement" with Dabeinong, and intends to transfer part or all of the equity of the 8 feed companies it holds to Dabeinong
    .
    This cooperation is expected to return 2 billion to 2.
    5 billion yuan (based on the actual transaction price) and obtain investment income
    of 1.
    1 billion to 1.
    9 billion yuan.
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    It is proposed to transfer some or all of its equity in the 8 feed companies it holds to Great Northern Agriculture
    .

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

    2.
    On June 17, 2022, Zhengbang Technology announced that Qingdao Tianpu Sunshine Investment Co.
    , Ltd.
    intends to increase the capital of the company's holding subsidiary, Shandong Tianpu Sunshine Biotechnology Co.
    , Ltd.
    , by nearly 22 million yuan, and at the same time acquire all the shares held by the latter's original shareholder, Shi Xiaohua, and Zhengbang decided to give up the preferential subscription and pre-emptive right based on the company's current operating conditions, financial situation, future development potential and capital operation plan, while comprehensively considering the development needs of Shandong Tianpu Sunshine itself
    。 VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    After the completion of this transaction, the equity ratio of Zhengbang Technology in Shandong Tianpu Sunshine will drop from 51% to 46.
    16%, which will no longer be included in the scope of the consolidated statements of listed companies, and the newly established Qingdao Tianpu Sunshine at the beginning of this year will hold the remaining 53.
    84% of the equity and become the new controlling shareholder
    .
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    Zhengbang Technology's shareholding in Shandong Tianpu Sunshine will drop from 51% to 46.
    16%

    3.
    On July 1, 2022, Zhengbang Technology announced that it intends to transfer 49% of the equity of each of the 10 wholly-owned subsidiaries to the controlling shareholder, Zhengbang Group, at an equity
    transfer price of 1 yuan per company, a total of 10 yuan.
    The business of 10 companies is mainly pig breeding, including Chengdu Zhengbang, Tangshan Zhengbang, Lu'an Zhengbang, Jiangsu Zhengbang, Zhaodong Zhengbang, Junlian Zhengbang, Luoyang Zhengbang, Liaoning Zhengbang, Yucheng Zhengbang, Hongma Zhengbang
    .
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    A total of 10 yuan transferred 49% of the equity of 10 wholly-owned subsidiaries to the controlling shareholder, Zhengbang Group

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

    4.
    On August 21, 2022, Zhengbang Technology issued an announcement that it intends to transfer 100% of the equity
    of Jiangxi Zhengnongtong Network Technology Co.
    , Ltd.
    to the controlling shareholder, Zhengbang Group, at a transfer price of 1 yuan.
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    Jiangxi Zhengnongtong Network Technology Co.
    , Ltd.
    100% equity

    Through the announcement, it can be seen that in addition to the positive net profit of 8 feed factories in 2021, the net profit of 10 pig companies and Zhengnongtong Network Company is all negative
    .
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    Pig sales, revenue, out of the pen average weight are down VkK China feed industry information network - based on feed, service livestock

    The average weight of pig sales, revenue, and out of the pen have all decreased in pig sales, revenue, and out of the pen have declined

    On September 9, Zhengbang Technology disclosed a briefing on pig sales, selling 613,500 pigs in August (including 254,300 piglets and 359,200 commercial pigs), down 30.
    48% month-on-month and 64.
    16% year-on-year; Sales revenue of 733 million yuan, down 1.
    24% sequentially and 74.
    35%
    year-on-year.
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    The average sales price of commercial pigs (after deducting piglets) was 21.
    46 yuan / kg, an increase of 1.
    83% over the previous month; The average weight was 75.
    66 kg/head, up 6.
    55%
    from the previous month.
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

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

    From January to August 2022, the company sold a total of 6.
    3412 million pigs, down 39.
    37% year-on-year; The cumulative sales revenue was 6.
    387 billion yuan, down 73.
    27%
    year-on-year.
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    6.
    3412 million heads of 6.
    387 billion yuan

    In the first eight months of this year, the sharp decline in pig sales of Zhengbang Technology also caused the company's sales ranking to fall from the second place in the same period last year to the fourth place, lower than Makihara shares, Wen's shares and New Hope
    .
    VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    Zhengbang Technology said that the company's August pig sales and sales revenue fell significantly year-on-year, mainly due to the company's business strategy adjustment and optimization of production capacity, and the number of pig sales fell sharply month-on-month, mainly due to the company's adjustment of the rhythm of
    the barn.
    From January to August this year, the company's pig sales volume and sales revenue fell sharply year-on-year, mainly due to the decline in domestic pig prices and the reduction of
    scale.
    VkK China Feed Industry Information Network - Based on Feed, Service Animal Husbandry VkK China Feed Industry Information Network - Based on Feed, Service Animal Husbandry Zhengbang, which is plagued by funds, assets are sold, the scale of pig breeding is reduced, how can it get out of the water? VkK China Feed Industry Information Network - Based on feed, serving animal husbandry

    Mainly due to the decline in domestic pig prices and the reduction of scale
    .
    VkK China Feed Industry Information Network - Based on Feed, Service Animal Husbandry VkK China Feed Industry Information Network - Based on Feed, Service Animal Husbandry     
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