益生股份：2026年1月鸡苗和种猪销售情况简报

Core Viewpoint - Yisheng Co., Ltd. reported a significant decline in the sales and revenue of white feather broiler chicks, while experiencing substantial growth in the sales and revenue of breeding pigs due to low base effects and capacity release [1] Group 1: White Feather Broiler Chicks - In January 2026, the sales of white feather broiler chicks reached 43.7994 million, generating revenue of 141.4593 million yuan, representing a year-on-year decline of 19.37% and 2.62%, and a quarter-on-quarter decline of 29.06% and 45.52% [1] - The sales of Yisheng 909 small white feather broiler chicks amounted to 5.4656 million, with revenue of 6.7774 million yuan, showing a year-on-year decline of 27.27% and 19.17%, and a quarter-on-quarter decline of 14.79% and 4.29% [1] Group 2: Breeding Pigs - The sales of breeding pigs reached 8,752 heads, generating revenue of 17.8731 million yuan, reflecting a year-on-year increase of 797.64% and 565.27%, and a quarter-on-quarter increase of 161.64% and 130.86% [1] - The increase in breeding pig sales and revenue is attributed to the release of production capacity and a low base effect from the previous period [1] Group 3: Market Conditions - The company noted that the income from white feather broiler chicks declined quarter-on-quarter due to a hatching pause, while the significant growth in breeding pig sales is a result of increased capacity and favorable comparisons to prior periods [1] - The announcement also highlighted that fluctuations in product prices could impact overall performance [1]