Huatong Meat(SZ:002840)2022-12-04 08:56Group 1: Company Overview and Operations - Zhejiang Huatong Meat Products Co., Ltd. primarily adopts a self-breeding and self-raising model for pig farming [3] - The company’s breeding projects utilize all self-bred parent pigs [3] - The company aims to achieve an annual output of 2 million market pigs within three years from its breeding projects [4] Group 2: Biosecurity and Disease Prevention - The company has implemented advanced biosecurity measures to prevent African swine fever, including new construction sites and closed farming systems [3] - Vehicles are prohibited from entering the pig farms, with a disinfection center and isolation measures established within a two-kilometer radius [3] Group 3: Financial Strategies and Funding - Funding for future breeding projects will be sourced from self-owned funds, rural industry funds, retained profits, bank loans, and capital market financing [4] Group 4: Market Position and Competitive Advantage - The company has an annual slaughter capacity of approximately 1 million pigs, allowing it to process all its raised pigs internally [5] - A comprehensive management system enables effective cost control and maximization of product value [5] Group 5: Collaboration and Future Plans - The company collaborates with Wens Foodstuff Group, with Wens leading the breeding aspect while the company focuses on slaughtering [3] - There are no current plans for the major shareholder to reduce their stake in the company [4]