Group 1 - The core viewpoint of the news is that Chen Ke Ming Food held an online earnings briefing to address investor concerns regarding its pig farming business, financial status, and production capacity planning [1][2] - In the pig farming business, the company aims to improve profitability by enhancing health management, optimizing feed, and investing in breeding and disease prevention to lower costs [1][2] - The company plans to utilize its advantages in French pig breeds to strengthen biosecurity and disease control, aiming to increase the speed of pig slaughter and improve production efficiency, with a target production cost of 12.28 yuan per kilogram by August 2025 [1] Group 2 - Financially, the company is addressing high non-current liabilities by optimizing its debt structure, increasing turnover rates, controlling accounts receivable, and reducing capital expenditures [2] - The production capacity in the Jiaxing base will be gradually released based on market demand, focusing on high-end noodles and frozen convenience foods targeting young consumers and B-end restaurant clients [2] - The company is committed to enhancing operational management and achieving high-quality development, while also planning cash dividends, share buybacks, and improving investor relations to increase company value and return to investors [2]

Group 1: Financial Performance and Strategies - The company aims to improve pig farming profits by enhancing health management, reducing costs, and optimizing feed [1] - As of August 2025, the production cost for pig farming is 12.28 yuan/kg [2] - The company plans to lower its debt ratio by optimizing the structure of short-term and long-term debts and controlling the scale of liabilities [2] Group 2: Market Position and Product Development - The company will focus on high-end products such as premium noodles and frozen convenience foods targeting young, stable-income consumers and B-end restaurant clients [2] - To address declining performance, the company will expand the application of buckwheat and whole wheat flour in products and strengthen its competitive edge in high-end noodle products [3] - The company is exploring new sales channels, including C-class small stores, wholesale markets, and catering channels [3] Group 3: Shareholder Value and Market Response - The management is committed to enhancing operational management to achieve high-quality development and will consider cash dividends, share buybacks, and improved investor relations to boost company value [3] - The company acknowledges the mismatch between its performance and stock price and is actively responding to national policies for effective market value management [1]