ZHENGBANG TECHNOLOGY(SZ:002157) Shang Hai Zheng Quan Bao·2025-11-07 20:08Group 1: Sales Performance - In October 2025, the company sold 907,800 pigs, including 520,900 piglets and 387,000 market pigs, representing a month-on-month increase of 14.82% and a year-on-year increase of 67.01% [1][2] - The sales revenue for October 2025 was 683 million yuan, showing a slight month-on-month decrease of 0.1% and a year-on-year decrease of 7.54% [1][2] - For the period from January to October 2025, the company sold a total of 6.64 million pigs, which is a year-on-year increase of 119.84%, with cumulative sales revenue reaching 6.82 billion yuan, up 78.08% year-on-year [2][5] Group 2: Price Trends - The average selling price of market pigs (excluding piglets) in October 2025 was 11.28 yuan per kilogram, which is a decrease of 11.53% compared to the previous month [2] Group 3: Business Recovery - The significant year-on-year increase in pig sales in October 2025 is attributed to the gradual recovery of the company's business operations [4][5] Group 4: Guarantee Situation - As of October 31, 2025, the total guarantee amount provided by the company and its subsidiaries was approximately 4.01 billion yuan, accounting for 21.12% of the audited total assets for 2024 and 35.13% of the audited net assets for 2024 [14] - The balance of guarantees for wholly-owned and controlled subsidiaries was approximately 239.21 million yuan, representing 2.09% of the latest audited net assets [15] - The external guarantee balance was approximately 143.31 million yuan, accounting for 1.25% of the latest audited net assets [15] Group 5: Risk Management - As of October 31, 2025, there were no overdue guarantees for the company's wholly-owned and controlled subsidiaries, while the overdue amount for external guarantees was approximately 11.57 million yuan, which is 0.10% of the latest audited net assets [15]