DONGRUI GROUP(SZ:001201)2025-08-29 13:26Group 1: Financial Performance - In the first half of 2025, the company sold 765,000 pigs, a year-on-year increase of 116.18% [3] - Revenue reached 1.095 billion yuan, up 72.30% compared to the same period last year [3] - The net profit attributable to the parent company was 3.3208 million yuan, an increase of 103.02% year-on-year [3] - The average selling price of commodity pigs was 15.76 yuan/kg, a decrease of 6.50% from the previous year [3] Group 2: Cost Management - The complete cost of commodity pigs in Q2 was 14.7 yuan/kg, with top-performing farms achieving 13.5 yuan/kg [5] - The target for complete costs in 2025 remains at 14 yuan/kg, with the first half's cost at 15 yuan/kg [6] - Cost reduction channels include increased output from capacity release, improvements in breeding systems, and enhanced management efficiency [6] Group 3: Cash Flow and Financial Ratios - The net cash flow from operating activities for the first half was 123 million yuan, a year-on-year increase of 256.22% [7] - As of June 30, 2025, the company's debt-to-asset ratio was 44.98%, remaining stable compared to the end of the previous year [8] Group 4: Supply Chain and Future Planning - The expected supply of pigs to Hong Kong and Macau for this year is approximately 260,000 heads, similar to last year [8] - The target for next year's supply to Hong Kong and Macau is set at 300,000 to 350,000 heads [8]