News summary
Gao Tong, chief financial officer of Muyuan, revealedwowcasinonodepositbonus, the company's pig production capacity is highly flexible. In the future, the production volume can be increased to 100 million pigs through the utilization of sow production capacity without requiring substantial capital expenditures.
Newsletter text
[Muyuan shares release a signal of capacity elasticity: the annual production capacity of pigs may reach 100 million heads]
Gao Tong, chief financial officer of Muyuan Co., Ltd., revealed at the shareholders 'meeting held today that the company's designed annual production capacity of pigs is currently 80 million heads, but the actual flexibility of the production capacity is extremely high, and there is a possibility of reaching 100 million heads.
According to the latest news, 30% of Muyuan's sow production capacity has not yet been utilized, indicating that future improvements in production may not require more capital expenditures.
The company disclosed in the announcement that the number of live pigs sold in 2023 will be 6,381wowcasinonodepositbonus.60,000 heads, and it is expected that the output volume in 2024 will be between 66 million and 72 million heads. As of the end of April 2024, Muyuan's stock of Nengfong sows will be approximately 3.2 million.
