Recently, during institutional research, Shenzhen Kingkey Smart Agriculture Times stated that the company's business operations have continued to improve since the beginning of the year, and profitability has significantly increased. Specifically, the cost of hog farming has steadily decreased, and the complete cost in May has dropped to 14.1 yuan/kg. At the same time, since April, hog prices have significantly rebounded, and the overall profitability in the second quarter is good. The current real estate business is all for the sale of existing houses. Since the implementation of the "517" new policy, the real estate market in Shenzhen has rebounded, and the pace of de-stocking of the company's real estate projects has also accelerated, improving the cash flow situation.
京基智农：公司地产项目去化速度有所加快，现金流情况有所改善
Shenzhen Kingkey Smart Agriculture Times: The company's real estate projects have accelerated the pace of de-stocking and the cash flow situation has improved.
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