Core Viewpoint - The company experienced a decline in both chicken product sales volume and revenue in October 2025, influenced by the overall supply-demand dynamics in the industry [1] Company Summary - In October 2025, the company sold 19.4567 million chickens, generating a revenue of 56.2981 million yuan, representing a quarter-on-quarter decline of 10% and 14.9% respectively, and a year-on-year decline of 17.15% and 34.89% [1] - The fluctuations in sales volume and revenue are attributed to the current oversupply in the egg-laying chicken farming industry and unmet market demand during the National Day and Mid-Autumn Festival holidays [1] Industry Summary - The egg-laying chicken farming industry is currently facing a surplus supply, leading to cautious expectations among farming units regarding future market conditions [1] - The seasonal consumption downturn post-holidays has increased market pressure, resulting in low egg prices and a decrease in the enthusiasm for replenishing stock [1] - Additionally, the weak price trends of both live pigs and broiler chickens have indirectly suppressed egg consumption [1]
晓鸣股份：10月鸡产品销售收入同比下降34.89%