Core Viewpoint - The company experienced a decline in both sales volume and revenue for chicken products in November 2025, influenced by the overall supply-demand dynamics in the industry [1] Company Summary - In November 2025, the company sold 19.04 million chickens, generating a revenue of 46.67 million yuan, reflecting a month-on-month change of -2.14% in sales volume and -17.11% in revenue [1] - Year-on-year, the sales volume and revenue decreased by 21.05% and 49.73%, respectively [1] Industry Summary - The high inventory levels of laying hens and the seasonal decline in egg consumption have led to a subdued market demand [1] - The low prices of eggs are causing ongoing losses in egg production, resulting in cautious expectations among breeding units and reduced enthusiasm for replenishing stocks [1] - Additionally, the weak trend in pig prices is indirectly suppressing egg consumption [1]
晓鸣股份：11月鸡产品销售收入4666.52万元 同比下降49.73%