Jiangxi Zhengbang reports strong recovery, secures financing, and guarantees for 2026

Jiangxi Zhengbang Technology reported a substantial recovery in November 2025, with live hog sales reaching 868,300 head (467,500 piglets and 400,800 commercial hogs), a 63.04% year-on-year increase. Sales revenue for the month was 741 million yuan, up 8.55% month-on-month. Year-to-date sales for January-November 2025 totaled 7.5083 million head, a 111.32% year-on-year increase, with cumulative revenue of 7.565 billion yuan, up 64.64%.

To support its continued growth, the company plans to borrow up to 1.5 billion yuan from Twins Group Animal Husbandry Group Co., Ltd. and expects an entrusted payment arrangement of up to 1 billion yuan with Twins Group Gold Network Microcredit Co., Ltd. for 2026. Furthermore, Jiangxi Zhengbang projects a significant increase in related party transactions for 2026, including procuring products up to 9.47 billion yuan and selling products up to 8.88 billion yuan to Twins Group affiliates.

Additionally, the company will provide guarantees for its subsidiaries up to 3 billion yuan and for supply chain partners up to 1.6 billion yuan in 2026, ensuring continued operational stability and market expansion. As of November 30, 2025, total guarantees for subsidiaries amounted to 64.7655 million yuan, and external guarantees for ecosystem partners reached 131.262 million yuan, with some overdue amounts.