NEW HOPE(SZ:000876) Zheng Quan Ri Bao·2025-11-06 23:25Group 1 - The company reported a significant increase in pig sales in October 2025, with 1.6851 million pigs sold, representing a month-on-month increase of 20.86% and a year-on-year increase of 34.44% [2] - Revenue from pig sales was 1.918 billion yuan, showing a month-on-month increase of 9.85% but a year-on-year decrease of 7.83% [2] - The average selling price of pigs was 11.28 yuan per kilogram, reflecting a month-on-month decrease of 12.49% and a year-on-year decrease of 35.06% due to changes in the domestic pig market [2] Group 2 - The company plans to establish a joint venture with state-owned funds to promote rural development and enhance agricultural industry growth, aligning with national rural revitalization strategies [5][54] - The total registered capital of the joint venture is 2.87 billion yuan, with the company contributing 2.1 billion yuan, accounting for 73.17% of the total [5][54] - The joint venture will acquire 100% equity of three subsidiaries and establish 16 new subsidiaries focused on pig farming in key rural areas, utilizing a "company + farmer" model without increasing overall pig production capacity [5][54][55] Group 3 - The board of directors unanimously approved the establishment of the joint venture and the acquisition of subsidiaries, which does not require shareholder approval [7][55] - The joint venture aims to leverage the strengths of both state-owned and private enterprises to stimulate local economies and improve farmers' incomes [29][54] - The company assures that the establishment of the joint venture and related acquisitions will not adversely affect its financial or operational status [6][55]