Shennong Group(SH:605296)2024-04-12 09:54Group 1: Company Performance - In Q1, the company sold 496,900 pigs, representing a year-on-year increase of 41% [3] - The number of pigs slaughtered in Q1 was 410,900, with a year-on-year growth of 5% [3] - The average feed-to-meat ratio in Q1 was 2.57, indicating a continuous decline in costs [3] - The average total cost in Q1 was over 14.5 CNY per kilogram, while the weaning cost for piglets was over 330 CNY per head [3] Group 2: Future Development Plans - The company sees significant potential for growth in the Guangxi region, where the average total cost in Q1 was around 14 CNY per kilogram [3] - The target for the number of breeding sows in Guangxi is to reach 32,000 by June this year and 60,000 by the end of next year [3] Group 3: Biosecurity and Health Management - The company has maintained stable breeding results despite frequent outbreaks of disease due to a focus on health and biosecurity [4] - The company has implemented standardized breeding practices for about 10 years, adhering to principles that control transmission routes, sources of infection, and susceptible animals [4]