YISHENG(002458)2024-08-11 05:42Group 1: Market Trends - The price of commercial broiler chicks has started to rise since July 2024 due to the elimination of seasonal factors affecting supply and demand [2][3] - The expected reduction in commercial broiler chick supply for the year is 5%, with industry forecasts predicting a 4% decrease in white feather broiler chick supply [3][4] - The current price for parent broiler chicks is 70 yuan per set, indicating a supply shortage [3] Group 2: Demand Factors - The demand for chicken meat is expected to increase due to several factors, including changing consumer preferences towards healthier diets and the growth of the takeaway food industry [3][4] - The per capita chicken meat consumption in China is significantly lower than that in countries like the USA and Brazil, suggesting substantial growth potential for the white feather broiler industry in the long term [4] Group 3: Company Strategy - The company has over 20 years of experience in breeding original pig stock and aims to enhance its breeding capacity and risk resilience through a dual-driven strategy involving both chicken and pig breeding [4]