In less than one month, nearly 8 billion investment cooperation agreements were signed.

13 Jul by admin

In less than one month, nearly 8 billion investment cooperation agreements were signed.

In less than one month, nearly 8 billion investment cooperation agreements were signed.
Terrorism, the Chinese God of God revealed 8 signed framework agreements and investment cooperation agreement announcements with related parties in less than 1 month, and the cumulative amount reached 79.300 million, and received a letter of concern from the Shenzhen Stock Exchange.On the evening of May 26, the Tang Dynasty God responded to the questions raised by the Shenzhen Stock Exchange.Regarding the source of the project funds, Tang Renshen said: “According to the company’s preliminary plan, in the future, it will mainly adopt self-raised funds, with its own fund model mainly, supplemented by bank loan financing.Among them, self-raised funds 44.Of the 4 trillion, 15 trillion were raised through capital financing and 29 were raised through industrial funds.400 million yuan.Tang Renshen said: In the first quarter of 2020, the company’s current ratio and quick ratio were 1, respectively.25, 0.85. According to the characteristics of the industry, the company’s main inventory has a very high liquidity and is located in a relatively safe range.From the perspective of the asset-liability ratio index, the company’s asset-liability restructuring in the first quarter51.38%, an increase of 3 from the end of 2019.With 57 averages, the overall defect level is not high.The convertible bonds issued by the company entered the conversion period on July 6, 2020, and the company’s asset-liability ratio after the conversion is expected to drop to about 44%.Faced with the Shenzhen Stock Exchange’s doubts about whether the Tang Dynasty gods had excessive investment, the Tang Dynasty gods repeatedly denied it and explained that the internal hog industry market is large, and individual companies have a small market share. Large-scale breeding enterprises have replaced the cause by rapidly expanding the production of hogsAfrican swine fever and other factors have increased production; according to the characteristics presented by the pig breeding industry and the feed industry, the company has rapidly expanded the production of pigs and increased the slaughter scale by increasing investment. At the same time, through feed nutrition technology, breeding technology, epidemic prevention technology, managementTechnology and other comprehensive technical means to reduce pig production costs. According to the current market conditions, the feasibility of investment projects, and the company’s own investment progress, the company does not have excessive investment. At the same time, the company has carried out this addition project.Assessed and adopted risk prevention and control measures.In addition, Tang Renshen also stated that after verification by the company, from April 27 to May 21, the company was in accordance with the investment plan, the actual progress of signing the investment agreement, approval and information disclosure procedures, and there was no cooperation with the major shareholders to reduce the shareholdingBehavior; during the above period, Hunan Asset Management, the company’s shareholder, did not reduce the company’s stock.Recently, in response to the question from investors on “how the company responds to the downside risk of pig prices”, Tang Shen responded that “when the downside risk of pig prices comes, it is important to consider the following two factors: First, can the company have enough funds to helpThe company has gone out of the cold winter; second, are the company’s breeding costs and the newly-built breeding capacity costs low enough?The company will use management technology and scientific technology to reduce costs and improve efficiency.”Sauna, Ye Wang, editor of Yan Xia Li Weijia proofread Li Ming