topslotsonline| Tianbang Food: Will significantly reduce fattening production capacity in Shandong

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Tianbang Food: Will significantly reduce fattening production capacity in Shandong, Securities Times e Company NewstopslotsonlineTianbang Food (002124) said on the interactive platform that the company plans to sell 6 million heads in 2024, a year-on-year decrease of about 15.topslotsonline.6%; of which, about 4 million pigs were sold, a year-on-year decrease of about 28%. The target will start from...

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Tianbang Food: It will significantly reduce fattening production capacity in Shandong. According to Securities Times e Company, Tianbang Food (002124) stated on the interactive platform that the company plans to sell 6 million heads in 2024, a year-on-year decrease of about 15.6%; Among them, about 4 million heads of fat pigs will be sold, a year-on-year decrease of about 28%. The goal is to increase the full load rate of its own fattening production capacity from about 50% in 2023 to about 75%. At the end of the first quarter, the company had 226,000 Nengfengxing sows, and its scale is planned to remain relatively stable during the year. The company will significantly reduce the scale of fattening production capacity in Shandong. In 2024, the proportion of fattening production in Guangdong and Guangxi regions is expected to increase to 20%-25%, and plans to further increase it to about 40% in the future.