YISHENG(SZ:002458)2022-11-22 02:56Group 1: Company Overview - Shandong Yisheng Livestock and Poultry Breeding Co., Ltd. specializes in breeding and selling high-quality poultry and livestock [2] - The company has over 20 years of experience in breeding original pigs and has achieved significant results in provincial testing [3] Group 2: Product Highlights - Lifen White Feather Broilers are known for their strong disease resistance, high survival rates, and low feed-to-meat ratios, making them popular among customers [2] - Yisheng 909, a new small white feather broiler, has completed pilot testing and is currently applying for variety recognition [2][3] - The Yisheng 909 broiler can be marketed for both live chicken and processed meat, suitable for various farming methods [3] Group 3: Sales and Market Demand - The company is experiencing a shortage of chicken seedlings, with parent stock prices increasing monthly, and orders for commercial broiler chicks booked until July [3] - The demand for breeding pigs is expected to rise due to the increase in new pig farms, with a 40% annual elimination rate for sows [3] - The company has imported 1,300 original breeding pigs from Denmark and plans to import an additional 3,000 Danish and 3,000 French breeding pigs [3] Group 4: Market Trends - The consumption of chicken is expected to grow as it is favored for its high protein, low fat, and low cholesterol content, indicating a long-term trend of chicken replacing pork in diets [4] - The market for high-quality breeding pigs is significant due to the scarcity of domestic quality stock, with increasing demand from large-scale pig farms [3][4] Group 5: Equipment and Innovations - The company's agricultural equipment division, Shandong Sifang Xinyu Agricultural Equipment Co., Ltd., holds over 60% of the domestic high-end market for rabbit breeding equipment [4] - The company is a leader in environmental control for livestock housing, particularly in heat recovery and IoT applications, with rapid business growth in recent years [4] Group 6: Financial Developments - The company has received approval for a non-public stock issuance, with intermediary institutions preparing application materials for submission to the China Securities Regulatory Commission [4]