Huaying Agricultural(SZ:002321)2022-12-07 09:20Group 1: Company Capacity and Market Conditions - The company currently has a capacity of 150 million ducklings and an output capacity of 80 million meat chickens, corresponding to an equal slaughter capacity of 80 million [1][3] - The current market for meat ducks is low, with duckling and frozen product prices not high, and recent declines in duckling prices noted [3] - The establishment of the White Feather Meat Duck Alliance has positively impacted the market, with expectations for gradual improvement in 2015 [3] Group 2: Strategic Development - The company's medium to long-term strategy focuses on developing the downstream food sector and building brand strength [3] - Future plans include extending the industrial chain downstream to include exports and domestic channels, with a focus on expanding export business primarily to Japan and South Korea, and further entering the EU market [3][4] Group 3: EU Market and Competitive Advantage - The EU market primarily consumes duck breast meat, with high prices for smoked duck breast slices; the company has a price advantage in duck slaughter compared to Europe due to lower labor costs [4] - The company is actively pursuing EU certification to facilitate exports to the EU, which presents significant market potential [4] - The company's key competitive advantage lies in its full industry chain, ensuring food safety and traceability, covering all aspects from breeding to slaughter, including self-produced feed [4]