Netcom Jiangxi Zhengbang Technology Co.Ltd(002157) handled breeding loans in the name of employees. The debt ratio reached 75.23% in the third quarter of last year, a high in recent ten years

On January 18, a group of pictures of suspected Jiangxi Zhengbang Technology Co.Ltd(002157) internal meetings came out on the Internet. From its content, in order to pay the project settlement before the year, the company plans to apply for breeding loans in the name of employees, so as to quickly obtain cash payment to suppliers.

At the same time, the company will also promise to provide cash incentives to employees participating in the loan, with a maximum amount of 15000 yuan. As an important reference index for promotion, it is agreed to repay within 9 months. In this regard, blue whale finance called Jiangxi Zhengbang Technology Co.Ltd(002157) , and the other party said that it only accepted e-mail interviews. As of the time of publication, the company had not replied to the e-mail.

In fact, Jiangxi Zhengbang Technology Co.Ltd(002157) is mainly engaged in feed production and sales, pig breeding and sales, and veterinary medicine production and sales. In 2021, the company's performance also continued to decline due to the sharp decline of pig sales price in the Chinese market compared with the previous year. Throughout the year, Jiangxi Zhengbang Technology Co.Ltd(002157) sold 14.9267 million pigs, a year-on-year increase of 56.14%, but the cumulative sales revenue was only 29.713 billion yuan, a year-on-year decrease of 14.7%.

According to the previous three quarterly reports, as of the end of September 2021, Jiangxi Zhengbang Technology Co.Ltd(002157) Book monetary capital was about 6.07 billion yuan, but at the same time, short-term loans reached 13.993 billion yuan, and there were 1.597 billion yuan of non current liabilities due within one year. The company's asset liability ratio was as high as 75.23%, which was at a high level in recent ten years.

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