Another leading breeding company is going to be listed, and CP shares intends to land on the Shanghai stock market...

On May 29, a reporter from the Beijing News learned from the official website of the China Securities Regulatory Commission that Zhengda Investment Co.
, Ltd.
(hereinafter referred to as "CP Group"), a leading breeding company indirectly controlled by CP Group, has disclosed its prospectus and plans to be listed on the main board of the Shanghai Stock Exchange.
, The issuance of no more than 567 million shares, plans to use about 15 billion yuan to raise funds to build 17 pig industry chain projects
.

Chia Tai Group indirectly holds

According to data, Zhengda was established in 1996 with a registered capital of approximately 4.
159 billion yuan.
It is one of the largest feed producers and pig breeding companies in China
.

The controlling shareholder Zhengda Animal Husbandry Investment directly holds 2.

It is worth noting that the CP Group is known as the CP Group in Thailand.
It is a diversified multinational group with core businesses in agriculture, animal husbandry, food, wholesale and retail, and telecommunications and television.
The main shareholder Xie family is known as the "Thailand's richest family
.

" At present, the major shareholders of CP Group include the Xie Zhengmin family, the Xie Damin family, the Xie Zhongmin family and the Xie Guomin family, and their shareholding ratios are 12.

Last year's profit was 7.
571 billion yuan

According to the prospectus, CP's main products include feed, live pigs and slaughter products
.

Among them, feed products are mainly livestock and poultry feed, ruminant feed and aquatic feed; live pig products are mainly commercial pigs, breeding pigs and piglets, and slaughter products are mainly white striped pork, cut pork and pig by-products

From 2018 to 2020, Zhengda's operating income was 28.
171 billion yuan, 31.
88 billion yuan, and 45.
692 billion yuan, and net profits attributable to the parent were 70.
258 million yuan, 2.
011 billion yuan, and 7.
571 billion yuan
.

The feed market share increased from 3.

The CP plans to publicly issue no more than 567 million shares and no more than 12% of the total share capital after the issuance
.

It is planned to raise 15 billion yuan to invest in 15 pig industry chain projects in Zhanjiang, Guangdong, Xianning, Hubei, Ningxiang, Hunan, Laibin, Inner Mongolia, Wuchuan, Henan, Shangqiu, Henan, etc.

However, CP also reminded that as of the signing date of this prospectus, there are still some sub-projects in the fund-raising investment project that have not yet obtained the land use right certificate or the land use procedures have not been completed
.

If there are obstacles in the process of handling procedures in the future, or other circumstances such as the failure of the raised funds to be in place as scheduled, it may bring risks to the implementation of the raised funds investment project