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On July 22, in recent investor relations activities, Muyuan Co.
Regarding the current trend of pig prices, Muyuan said that around the Spring Festival this year, the non-pandemic epidemics in Hebei, Shandong, and Henan are more serious.
Muyuan shares pointed out that in the stage of pig price decline, its main business strategy is to do a good job in production and control costs
In addition to controlling costs, after March this year, due to the decline in pig prices, Muyuan shares have adjusted the pace of development and construction in a timely manner
In addition, regarding the slaughter business, Muyuan said that the company's annual investment in the slaughter plant for slaughtering 2 million heads is about 350 million yuan, and it will take more than a year from construction to commissioning