从“破产”到“破茧”，这家养猪企业如何涅槃重生

Group 1 - Zhengbang Technology Co., Ltd. reported impressive Q1 results with 1.6477 million pigs sold, a year-on-year increase of 78.58%, and revenue of 3.002 billion yuan, up 108.22% [1] - The company successfully transitioned from near bankruptcy to profitability within a year, achieving a year-on-year revenue growth of 26.86% [1] - Zhengbang faced cumulative losses exceeding 32 billion yuan from 2021 to 2022 due to market conditions and the pandemic, putting it at risk of forced delisting [1] Group 2 - In December 2023, the Twin Group took over Zhengbang Technology, investing in 104,000 sets of smart equipment and utilizing 5G IoT technology to create a smart pig farming system [2] - Zhengbang's debt-to-asset ratio improved to 46.42% in 2024, a decrease of 7.5 percentage points from the beginning of the year [2] - The company achieved a feed sales volume of 1.24 million tons in 2024, a 94% increase, and sold 4.1466 million pigs, with the breeding sow inventory recovering to 275,000 [2] Group 3 - The Twin Group also experienced significant growth, with its revenue surpassing 100 billion yuan for the first time in 2024, and a 37.1% year-on-year increase in sales revenue from January to May [3]