优然牧业：配股后管理层会议核心要点

Vi e w p o i n t | Key takeaways from mgmt meeting post share placement CITI'S TAKE Youran mgmt expects a mild raw milk price recovery in 2026E with the industry's gradual herd reduction. Given sluggish demand, the company has no plan to add capacity. With fundraising, mgmt will prioritize balance sheet deleverage and technology investment to enhance operational efficiency, which they believe is the core competitive edge amid the soft industry environment. That said, they are eyeing M&A opportunities closel ...