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Consumer Staples Jun 11, 2022 08:23 AM (GMT+8) · EqualOcean
The problem of tight capital chain reappears in the pig breeding industry. On the evening of June 8, Zhengbang technology announced that due to the impact of the pig cycle, the company and its subsidiaries recently had some commercial bills overdue due to lack of liquidity, and the overdue outstanding balance totaled 542million yuan. During the industry adjustment, some enterprises have fallen behind due to excessive "blood loss"; Some enterprises have bucked the trend and taken the opportunity to catch up. Overall, the ranking of industry leaders has been reset. In this regard, a person in charge of a listed company lamented that there are still some uncertainties about the pace and extent of the recovery of pig prices. Only by continuously maintaining a high level of cash management, financing capacity and cost control, operating with the idea of long-distance running and grasping the rhythm of development, can we survive the difficulties.

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