Core Viewpoint - Ningxia Xiaoming Agricultural and Animal Husbandry Co., Ltd. (Xiaoming Co.) is expanding its business by establishing a wholly-owned subsidiary to enhance its sustainable development and operational capabilities in the food and agricultural product processing and sales sector [1] Group 1: Company Overview - Xiaoming Co. is an integrated technology-based enterprise specializing in breeding egg-laying chickens, with a market share exceeding 20% in the national commercial egg chick market [1] - The company has been recognized as a national high-tech enterprise and a key leading enterprise in agricultural industrialization, holding multiple certifications for its farming practices [1] Group 2: New Subsidiary and Business Expansion - The newly established subsidiary, Ningxia Xiaoming Danledao Food Co., Ltd., aims to extend the production and sales of non-caged eggs and cooked chicken products, leveraging the company's advantages in breeding non-caged chickens [2] - The subsidiary has already obtained its business license and is located in the Minning Industrial Park in Yinchuan, Ningxia [1] Group 3: Market Trends and Opportunities - There is a growing market demand for non-caged eggs, driven by consumer awareness of animal welfare, with major international companies setting procurement standards for non-caged eggs [2] - The transition to non-caged farming methods presents challenges for smaller farming enterprises due to increased infrastructure and management costs, which may benefit leading companies like Xiaoming Co. [2] Group 4: Operational Model and Advantages - Xiaoming Co. employs a "centralized breeding, decentralized hatching" model, with multiple high-standard ecological breeding bases and hatcheries across various regions [3] - The company utilizes a "high bed flat breeding" method that allows chickens to exhibit natural behaviors, enhancing their health and the quality of the eggs produced [3] - In 2023, Xiaoming Co. received certification for non-caged eggs, positioning itself to capitalize on its technological and cost advantages in the market [3]