Jiangxi Zhengbang Technology Co.Ltd(002157) : it is estimated that the net profit loss in 2021 will be 18.2 billion yuan ~ 19.7 billion yuan

Jiangxi Zhengbang Technology Co.Ltd(002157) the performance forecast was released on January 28. It is estimated that the net loss attributable to shareholders of Listed Companies in 2021 will be 18.2 billion yuan to 19.7 billion yuan, from profit to loss. The loss of basic earnings per share is about 5.80 yuan ~ 6.28 yuan. The basic earnings per share in the same period of last year was about 2.29 yuan. The main reason for the performance change is that during the reporting period, the company sold 14.9267 million pigs, a year-on-year increase of 56.14%. Due to the decline in the market price of live pigs in China, the average sales price of a single head of the company was 16.6 yuan / kg, a year-on-year decrease of 16.1 yuan / kg, and the income of a single head decreased by 1653 yuan. The increase of sales volume combined with the decrease of sales price affected the profit of 8.873 billion yuan. The company has a single industry and its profit contribution is mainly pig breeding business. Compared with diversified companies, it is more affected by pig cycle.

From January to June 2021, Jiangxi Zhengbang Technology Co.Ltd(002157) ‘s main income composition is: aquaculture accounts for 66.49%, feed accounts for 30.09%, raw material trade accounts for 1.85%, food accounts for 1.13% and veterinary drugs account for 0.34%.

The chairman and general manager of Jiangxi Zhengbang Technology Co.Ltd(002157) are Lin Feng, male, 36 years old, with a master’s degree background.

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