November 8, Gelunhui | Chen Ke Ming Food Manufacturing (002661.SZ) announced the hog sales situation of its holding subsidiary Xingjiang Muge in October. In October 2024, Xingjiang Muge sold 0.0231 million hogs, a 66.93% increase month-on-month but a 10.55% decrease year-on-year; sales revenue was 21.0129 million yuan, with a 30.48% increase month-on-month and a 50.76% decrease year-on-year. From January to October 2024, the company accumulated sales of 0.3078 million hogs, a decrease of 18.76% compared to the same period last year; accumulated sales revenue was 364.5449 million yuan, a decrease of 28.02% compared to the same period last year.

The month-on-month increase in hog sales quantity and revenue in October 2024 is mainly due to the gradual recovery of production capacity and the increase in hog slaughter; the year-on-year decrease in sales quantity and revenue is mainly due to the structural adjustment of sales, where the previous period mainly focused on the good sales market and fast turnover of piglets, resulting in fewer marketable commodity fat pigs this period, and at the same time, with the recovery of production capacity, the sales quantity of piglets increased this period.