On December 9, Gelonghui reported that guosen's research reports pointed out that jiangsu lihua animal husbandry (300761.SZ) is a quality symbol for yellow feathered chickens and hog farming in China. The company's main business is the farming, animal slaughter, and sales of yellow feathered chickens, and it also engages in the farming and sales of meat pigs and meat geese. In recent years, the yellow feathered chicken sector has expanded its production capacity and transformed towards fresh and chilled products, rapidly increasing its farming capacity in the important consumer regions of South China while building up animal slaughter and processing capacities. It has now formed a complete industry chain integrating breeding of poultry, fodder processing, commodity chicken farming, and animal slaughter and processing. In 2023, the company's meat chicken output has reached 0.457 billion birds (with a 5-year CAGR of 12%), market share is close to 13%, second only to wens foodstuff group, making it one of the largest yellow feathered chicken farming and sales enterprises in China. Additionally, the company's hog farming capacity has been rapidly released in recent years, with an expected output exceeding 1 million heads in 2024. The company's reasonable valuation is estimated to be between 24.1 and 27.0 yuan per share, maintaining the rating of "outperforming the market."