Gelonghui September 27th | Dongguan Securities research reports pointed out that muyuan foods (002714.SH) plans to buy back 3 billion-4 billion yuan of shares for employee stock holding plan or stock-based incentives. The buyback plan demonstrates the company's confidence in its future sustainable development and recognition of the company's value. The repurchased shares will be used entirely for employee stock holding plans or stock-based incentive plans, which will help further improve the company's governance structure and establish long-term incentive and restraint mechanisms; it will help the company achieve its long-term operational goals and enhance the overall value of the company. The company is a leading integrated hog farming enterprise in China, continuously extending its industry chain, with significant competitive advantages, and continuously enhancing its internal strength. Looking forward to Q4 and Q1 next year, China's hog farming profits are expected to remain at a good level, with still considerable room for long-term scale and concentration improvement in the hog farming industry. Maintain a "buy" rating on the company.