China News Service, July 25. Recently, some media reported that Zhengbang Technology’s surrogate supporters in Nanning, Sichuan, Jiangyou, Ganzhou, Jiangxi, Xiangtan, Hunan and other places have experienced different levels of material outages, and they are also facing difficulties in settlement. , the difficulty of refunding the deposit and other problems.
Zhengbang Technology stated on the interactive platform on the 25th that due to the low pig price in June and the epidemic situation, the company's funds were relatively tight. Due to the coordination between logistics distribution and feed factories, there were occasional feed cuts in a small number of areas. This small area The material outage will not affect the normal production and operation activities of the company, which has been resolved through resource coordination.
With the recovery of domestic live pig market prices, the company will continue to quickly replenish the funds needed for operations by selling inventories with strong liquidity. At present, the company's operating cash flow is positive and production and operations are normal.
In order to further expand the scale of breeding, the controlling shareholders will reduce their holdings, sell idle assets, and introduce special fund support in various ways, including high-quality institutions or government platforms to provide guarantees and credit enhancements, and apply for the establishment of special funds for debt replacement. Part of the company's equity and partners have jointly built industrial ecology and other financing measures to increase capital reserves and support the sustainable development of the company's business in the future.
(Zhongxin Finance)
Zhengbang Technology responded to screenshots on the interactive platform.
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