Haida Group plans to issue convertible bonds28.3ppm, expand feed production capacity

Haida Group plans to issue convertible bonds28.3ppm, expand feed production capacity
On March 18, Haida Group held an online roadshow and planned to issue convertible bonds28.3 trillion investment in 15 feed projects is expected to add feed capacity of 456 tons.At the same time, Haida Group pointed out that in the future, the group will expand feed production capacity in East China and Central China, and the animal health products business is expected to become a new profit growth point.The data shows that Haida Group is mainly engaged in aquatic products, production and sales of livestock and poultry feed, and pig breeding.According to the performance report, in 2019, Haida Group achieved a total of about 1,230 inches of feed sales, an annual increase of 15%.On March 18, Haida Group said in a convertible bond online roadshow that it intends to raise funds28.300 million investment in 15 feed projects in Qingyuan, Nanning, Yulin, Shaoguan and other places.The investment category is mainly special aquatic products, with an estimated feed production capacity of 456 tons.As a result, Haida Group will issue 28.3 million convertible bonds with a face value of 100 yuan per piece on March 19, with a duration of 6 years from the date of issuance.During the roadshow, Xue Hua, chairman and president of Haida Group, introduced the recent development direction of Haida Group in various fields.Xue Hua said that at present, the resumption rate of Haida Group’s factories has exceeded 90%. With the resumption of work, the production and operation of the group will return to normal.In terms of feed, Haida Group is focusing on breakthroughs in feed material substitution promotion, feed material substitution, meat quality improvement, disease prevention and disease prevention, etc. on the basis of compound feed varieties.In the future, Haida Group will improve the productivity layout of key breeding areas, expand feed production capacity in East China and Central China, and increase market share.Regarding the pig business that investors care about, Xue Hua said that Haida Group is currently conducting research on the prevention and control of African swine fever epidemic.Although the scale of hog breeding is relatively small, the Group insists on high-provisioning. There are more than 1 million hogs with a team of thousands of pigs. It is expected that the management capacity will be 3 million-5 million heads.In the future, Haida Group will continue to expand the scale of pig breeding and reduce breeding costs.Obviously, Xue Hua pointed out that the animal health products business is expected to become a new profit growth point for Haida Group.At present, Haida Group’s animal health products business includes micro-ecological preparations, veterinary drugs, vaccines, etc. In Xue Hua’s view, micro-ecological preparations represent innovation in the aquaculture industry and will become a supporting element for the healthy development of the Chinese aquaculture industry.Sauna, Yewang Wang Siyang editor Zhu Fenglan proofreading Li Ming