Zheng Quan Zhi Xing·2025-08-29 00:08Group 1: Wens Foodstuff Group - The company has significantly improved pig farming costs in the first half of the year due to stable large-scale production, effective disease control, increased market supply of pigs, enhanced breeding investments, and optimized feed formulations [1] - Wens Foodstuff is actively promoting a three-year initiative called "Strong Technology and Quality Improvement," focusing on refined management and cost reduction in piglet and meat pig production [1] - As of June, the company's debt-to-asset ratio decreased to 50.6%, with a target of around 45% [1] Group 2: Baolingbao Biology - In the first half of 2025, the company achieved total revenue of 139.92 million yuan, a year-on-year increase of 18.02%, and a net profit of 9.53 million yuan, up 37.49% [2] - The revenue from the three core products grew by 32.15%, with the gross profit margin rising to 17.94% [2] - The company’s HMO project is nearing completion, with 2'-FL approved by the health commission, and an enzyme preparation for allulose expected to be approved in the second half of the year [2]