MINHE(SZ:002234)2022-12-03 10:18Group 1: Market Conditions - The import of grandparent chickens continues to be affected, leading to a significant reduction in breeding capacity due to avian influenza outbreaks abroad [2][3] - New Zealand and Poland are currently the only countries exporting grandparent chickens to China, with no substantial increase in import scale expected in the short term [3] - The supply of parent and commercial chicken seedlings is declining due to continuous low imports [3] Group 2: Sales Channels - The main sales regions for chicken seedlings are Shandong, Liaoning, and surrounding provinces [4] - Customers are categorized into法人客户 (large breeding enterprises), distributors, and direct buyers from large-scale breeding households [4] - Chicken products are sold nationwide, targeting fast food chains, group customers, and distributors [4] Group 3: 2019 Business Plan - The company plans to expand the breeding scale of parent chickens to maintain its leading position in the industry [4] - Accelerating the non-public stock issuance to fund the development of processed food projects [4] - Focus on cost reduction while maintaining production levels and enhancing organic fertilizer production [4] Group 4: New Breeding Projects - The company is establishing two standardized brooding and growing farms and six standardized laying farms, with a capacity of over 800,000 parent meat chickens [5] - The project aims to enhance the company's breeding capacity and influence in the industry while promoting local economic development [5]