Zhengbang Technology reports strong H1 performance, growth drivers

Jiangxi Zhengbang Technology Co., Ltd. has issued a positive 2025 semi-annual performance forecast, predicting a substantial profit turnaround driven by a 134.59% increase in revenue to RMB 4.077 billion, primarily from a 125.04% surge in live pig sales.

This growth is attributed to a 125.92% increase in sales volume and a rise in pig prices. Operational improvements and cost control measures, including support from its controlling shareholder, have further boosted profitability.

Additionally, the company announced the first unlock of its 2024 employee stock ownership plan, with 50% of shares vesting, signaling confidence in its strategic direction. The company also provided an update on its guarantee progress, with recent agreements totaling RMB 20 million to support suppliers.