Shennong Agricultural Industry's Subsidiary Signs Investment Deal for Pig Industry Chain Project for 700 Million Yuan

MT Newswires Live2025-04-02

Yunnan Shennong Agricultural Industry's (SHA:605296) subsidiary, Wenshan Shennong Pig Industry Development, signed an investment agreement for the pig industry chain of China's Qiubei County People's Government for 700 million yuan, according to a Shanghai Stock Exchange filing on Wednesday.

The local government will provide the pig breeder land for the project, which will include the construction of two breeding sow farms each in Nijiao Township and Shupai Township, along with a biosecurity washing center. The farms are expected to produce 1 million pigs every year.

The construction is expected to run for three years, starting this year.

The company's shares rose more than 2% in recent trade.

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