Muyuan Foods (SZ:002714) Jie Mian Xin Wen·2025-03-26 02:48Core Viewpoint - The livestock ETF (516760) has seen a strong performance, achieving a nearly 2% increase and marking its third consecutive rise, with significant growth in both scale and shares over the past three months [1]. Group 1: ETF Performance - As of March 26, 2025, the CSI Livestock Breeding Index (930707) rose by 1.73%, with key stocks such as Muye Co. (600195) increasing by 5.45% and Yike Food (301116) by 5.35% [1]. - The livestock ETF (516760) increased by 1.81%, with the latest price at 0.62 yuan and a trading volume of 401.09 million yuan, reflecting a turnover rate of 2.65% [1]. - Over the past two weeks, the livestock ETF has accumulated a rise of 0.66% [1]. Group 2: Scale and Share Growth - The livestock ETF has seen a scale increase of 684.83 million yuan over the past three months, ranking in the top 25% among comparable funds [1]. - The ETF's share count has grown by 11 million shares in the last three months, also placing it in the top 25% of similar funds [1]. Group 3: Market Outlook - According to Muyuan Foods, the company aims to maintain cost advantages and profitability through measures in pig health management, breeding, nutrition, and smart applications, targeting an average cost of 12 yuan/kg for the year 2025 [4]. - The supply pressure for pigs is easing, with demand expected to improve, leading to a gradual increase in pig prices. The average selling price of pigs in February 2025 was 14.81 yuan/kg, down 6.15% month-on-month but up 2.78% year-on-year [4]. - The livestock ETF tracks the CSI Livestock Breeding Index, which includes companies involved in animal feed, veterinary drugs, and livestock farming, reflecting the overall performance of the livestock sector [4]. Group 4: Top Holdings - As of February 28, 2025, the top ten weighted stocks in the CSI Livestock Breeding Index accounted for 69.16% of the index, including companies like Haida Group (002311) and Muyuan Foods (002714) [5]. - The performance of the top ten holdings shows varied results, with Haida Group remaining stable at 0.00% change, while Muyuan Foods increased by 2.51% [7].