Zhengbang Technology's February pig sales decline over 21%

Jiangxi Zhengbang Technology (SZSE:002157) announced a 21.12% month-over-month decrease in February 2025 pig sales, totaling 450,700 heads, including 287,700 piglets and 163,000 commercial pigs. Sales revenue for the month reached 463 million RMB, a 32.15% decline from January. The average selling price of commercial pigs (excluding piglets) was 14.35 RMB/kg, down 6.41% from the previous month, with an average weight of 131.61 kg/head, a 1.65% increase. For the first two months of 2025, Zhengbang's cumulative pig sales amounted to 1,022,100 heads, a 57.11% year-over-year increase, with cumulative revenue of 1.145 billion RMB, a 94.71% increase. The company attributed the February decline to adjustments in its business strategy and noted that cumulative figures benefited from recovery efforts and higher prices. Zhengbang cautioned investors about market volatility risks inherent in the pig farming industry.