ZHENGBANG TECHNOLOGY(SZ:002157) Zheng Quan Ri Bao·2025-10-09 23:11Core Viewpoint - The company, Jiangxi Zhengbang Technology Co., Ltd., reported significant increases in pig sales and revenue for September 2025, indicating a recovery in its business operations [1][4][5]. Group 1: Sales Performance - In September 2025, the company sold 790,700 pigs, which includes 461,600 piglets and 329,100 market pigs, representing a month-on-month increase of 18.07% and a year-on-year increase of 107.64% [1]. - The sales revenue for September 2025 reached 683 million yuan, showing a month-on-month increase of 6.88% and a year-on-year increase of 33.35% [1]. - For the period from January to September 2025, the cumulative sales of pigs amounted to 5,732,100, reflecting a year-on-year increase of 131.43%, with total sales revenue of 6.141 billion yuan, up 98.52% year-on-year [2][5]. Group 2: Price Trends - The average selling price of market pigs (excluding piglets) in September 2025 was 12.75 yuan per kilogram, which represents a decrease of 7.33% compared to the previous month [2]. Group 3: Business Recovery - The substantial year-on-year growth in both sales volume and revenue is attributed to the gradual recovery of the company's business operations [4][5]. Group 4: Guarantee and Financial Support - The company approved a total guarantee limit of up to 2.1 billion yuan for its subsidiaries to ensure stable operations, with specific allocations based on the subsidiaries' debt-to-asset ratios [10]. - Additionally, the company agreed to provide guarantees of up to 1.6 billion yuan to support financing for its ecosystem partners, including quality breeding households and distributors [11]. - As of September 30, 2025, the total guarantee amount provided by the company and its subsidiaries was approximately 4.012 billion yuan, accounting for 21.12% of the audited total assets [12].