Shenzhen Kingsino Technology Co.Ltd(002548) : the pig breeding industry will face great difficulties in the first and second quarters of this year

Shenzhen Kingsino Technology Co.Ltd(002548) (002548) said that the price of pigs continued to decline, and the price of pigs may reach the bottom twice or even three times this year. Affected by factors such as the decline of pig price, the rise of raw material price and the high cost of prevention and control caused by African swine fever, the pig breeding industry will face great difficulties in the first and second quarters of this year. In addition, in 2022, the production capacity of industry leading enterprises is still growing moderately, and the breeding scale of some farmers is shrinking moderately.