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原生态牧业有限公司(01431.HK)首次公开发售

Original Ecological Animal Husbandry Co., Ltd. (01431.HK) initial public offering

時富證券 ·  Nov 14, 2013 00:00  · Researches

Company introduction

Primary animal husbandry is the China Dairy Animal Husbandry Company, which specializes in the production of raw milk. By the end of June this year, the company had operated and operated two extra-large pastures (i.e. Keli original pasture and phase I farming farm) and two large-scale pastures (i.e. Gannan Meimei Ranch and Kelumei Ranch), all of which are located in China's Songnen Plain. The company plans to build five more pastures in the Songnen Plain in the next three years, with the goal of building a total herd of about 100000 dairy cattle by 2017. In addition, the company will charge the business to include upstream customers. During the previous period, the company's top five customers were Yili, Mengniu, Bright Dairy, Bright Dairy and Abbott. The combined income from these five customers accounted for almost all of the company's total revenue.

For the three years ended December 31, 2012 and the six months ended June 30, 2013, the total income of the company was RMB 30 million, RMB 148.8 million, RMB 689.1 million and RMB 385.1 million respectively. In the same period, the company's gross profit was 0.113 million yuan for the people, 5.14 million yuan for the people, 260.5 million yuan for the people and 150.5 million yuan for the people.

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