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China - 3 agricultural companies cancel IPOs due to continuing losses in H7N9 avian flu outbreaks in 2017

sharon sanders

Editor-in-Chief & President
[FONT=&#24494] [h=1]New three board chicken business affected by the impact of avian influenza differentiation experts: can not rely on the day to eat[/h] At 07:38 on April 13, 2017 China Financial Network Author: Zhang Bingjun
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  (Reporter Zhang Bingjun) 2017 is the lunar year, unfortunately, since the spring, the new three board chicken business suffered a " bird flu " epidemic.

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[FONT=&#24494]  Xiangjia animal husbandry 2016 annual report shows that during the reporting period, the company achieved revenue of 1.097 billion yuan, an increase of 7.86%; to achieve attributable to shareholders of listed companies net profit of 52,195,500 yuan, down 37.88%. [/FONT][FONT=&#24494]The company said the decline in net profit mainly due to the beginning of October 2016, the outbreak of H7N9 influenza, consumer psychology suffered a shock, the poultry market is seriously shrinking, live poultry prices continued to decline due.

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[FONT=&#24494]Xiaoming agriculture and animal husbandry in the public transfer instructions, said the disease is restricting the development of China's livestock and poultry industry bottleneck is also recognized in the poultry industry, the biggest risk of major diseases and large areas of the spread of the company will be the production and operation Bring a greater impact. "

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[FONT=&#24494]  At present, the new three-board chicken-related companies are Xiangjia animal husbandry (June 27, 2015 shareholders meeting through the motion), St. Di rural (January 16, 2016 announcement) have IPO plans, Liujiang animal husbandry in the listing ( August 18, 1816 listed on the new three board) before the application for counseling, then take the initiative to withdraw the termination of counseling for the record. [/FONT][FONT=&#24494]March 30, 2017, Liujiang animal husbandry said the proposed application to terminate the listing.[/FONT]

zhttp://finance.china.com.cn/news/20170413/4173117.shtml






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