a few days ago,Muyuan sharesPublish a record of investor relations activities,Muyuan sharesVice Chairman and Executive Vice President Cao Zhinian, Director Qian Ying, Vice President Chu Ke, Chairman of the Board of Supervisors Su Danglin, and Secretary of the Board of Directors Qin Jun received investorsresearch。
Muyuan sharesIt is said that the company’s slaughtering segment has not achieved profitability in 2021, mainly due to the high upfront costs for the construction and commissioning of multiple slaughtering plants in 2021 and losses caused by falling market conditions. The company makes the layout of slaughtering capacity in accordance with the idea of building slaughter plants in areas with intensive breeding capacity. The pigs slaughtered in the company’s slaughtering segment are all self-propagating and self-preserving pigs in the company’s breeding segment. At present, the company has not set a specific profit target in the slaughtering business segment. The company will support the company’s slaughtering business in 2022 through various measures such as improving the operating efficiency of the slaughtering plant, increasing the capacity utilization rate, expanding sales channels, optimizing the sales structure, and reducing production costs. gained profit. At present, the company has no clear plan to expand to the downstream food processing sector of slaughtering.
Regarding the impact of the recent increase in raw material prices, Muyuan Co., Ltd. stated that according to the growth cycle of live pigs, the cost of raw materials in the cost of live pigs corresponds to the average price of feed during the 6-month breeding process. Therefore, the recent increase in raw material prices has no significant impact on the company’s current cost. influence. The company continues to take various measures to reduce the procurement cost of feed raw materials and improve profitability.The company will adjust the formula in a timely manner according to the changing trend of the grain market, promote low-protein feed formula, and reduce the cost of feed; flexibly adjust the procurement strategy of feed raw materials according to production demand and market conditions.contractand other tools to reduce the purchase price. (Wang Lei)
(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)
Article source: Shanghai Securities News China Securities Network
Responsible editor: 91
Original title: Muyuan shares multiple measures to support the company’s slaughtering business to achieve profitability in 2022
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