Tianzhao Pig Industry (01248.HK) announced that the company has decided not to proceed with its plans to list on the main board of the Stock Exchange of Hong Kong Limited at this time. In view of current market conditions, after consulting the exclusive global coordinator, the company has decided that it will not conduct a global offering in accordance with the prospectus.An international underwriting agreement relating to an international placement will not be concluded, and the Hong Kong underwriting agreement relating to the Hong Kong public sale will not be unconditional as a result.