The share price fell by nearly 50% in the past month Fujian Aonong Biological Technology Group Incorporation Limited(603363) : the average gross profit of pig sales has been significantly improved since April compared with the first quarter

Fujian Aonong Biological Technology Group Incorporation Limited(603363) 5 announced on May 20 that at present, the production and operation of the company’s main businesses remain normal and stable. According to the company’s preliminary accounting, from January to April 2022, the company’s feed sales volume was 852300 tons, with a year-on-year increase of 3.72%, and the overall development trend remained good. The company continues to push forward as planned and strive to achieve the goal of 4 million tons of feed export in 2022. From January to April 2022, the company sold 1.432 million pigs, a year-on-year increase of 93.40%. Since April this year, with the recovery of pig market price, the average gross profit of pig sales has been significantly improved since April compared with the first quarter of this year. The company continues to push forward as planned and strive to achieve the goal of selling 5.5 million pigs in 2022. In terms of funds, in April 2022, the company has raised a total of 1.44 billion yuan.

Recently, the trading price of the company’s stock fluctuated greatly in the near future. In order to maintain the stability of the capital market and protect the legitimate rights and interests of investors, we now review the recent production and operation of the company. If calculated from the intraday high of 28.49 yuan / share on April 19, the decline in the past month is close to 50%.

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