Tai Kang Animal Husbandry Clarification Media query: There is no return to rent pig farms phenomenon

China Securities Network News (reporter Zhao Bigjun) September 17 evening, the Great Kang Animal Husbandry (002505) for a media published in the title of the "Tai Kang Livestock Farms Asset Survey: Suspected listing before the acquisition of fraud," released a notice. Tai Kang Livestock and animal husbandry, respectively, the Xupu County of the home of the assets of Tung Mu Creek Leasing assets, the company buys the asset to exist the rent phenomenon, the Xupu pig farm pig slaughter less than 100,000, raises the fund investment project not to reach the anticipated use condition, the project has not completed four questions to make the corresponding clarification, thought the above report content is not true,　　Influenced the image of the animal husbandry in the investor and the industry. The announcement shows that the assets of Xupu County Tong Mu Xi Pig farm are owned assets.　　According to data shows that October 2, 2009, the Great Kang animal husbandry passed the "on the acquisition of Xupu County Tong Wooden Creek Pig's motion," and other related bills, agreed to Xupu County Tung Wood Farm assets to buy.　　Company in December 2009 with Royio signed the "transfer of assets contract", agreed to buy Royio under the name of the Xupu County Tong Mu Creek Pig Farm assets, and in the month to pay all the money. "From the legal level, as long as the two sides signed the transfer contract, and the big Kang livestock paid the money, then the big Kang Husbandry has a tong Mu Creek Pig Farm all related assets."　　The law industry says so.　　The announcement showed that 14 farms and subsidiaries, such as Tai Kang Animal husbandry, acquired Wu Shaohua, did not have a return rent phenomenon. In 2011, the motion on the purchase of a wholly-owned subsidiary of New Kang Livestock and animal husbandry and the use of funds to acquire some of the 14 pig farms in Xupu County and Wu Shaohua and Tan Zhenwen, which was approved by the Tai Kang Animal Husbandry Committee, showed that the two sides had handled the corresponding assets settlement formalities in accordance with the law　　Duck Hair long pig community by the Tai Kang Animal Husbandry and its subsidiaries owned and operated, there is no return to rent. Reporter from the 2012 annual report of the Great Kang Animal husbandry, Tai Kang Animal husbandry xupu Branch 2012 total sales of 95978 pigs, including 32558 young pigs, 12802 pigs, breeding pig 50618 head.　　At the end of 2012, there were 29889 pigs, including 5335 sows, 6986 piglets, 4028 cattle, and 13303 hogs.　　From this can be measured, Tai Kang Livestock 2012 pig herds total amount of about 125,000. Xupu County animal husbandry and Aquatic Products Bureau issued September 16, "about the Beijing News report and Xupu County Pig for the relevant content clarification note" mentioned that the Xupu pig farm in the Xupu County Pig Scale Farm standardization construction project, three years do not enjoy county-level pig out of the Incentive Fund project; Xupu County is the country hog to pull out big counties,　　More than 1 million pigs, of which more than 460,000 of the size of the aquaculture slaughter pigs. In response to media-related "fund-raising projects have not reached the expected use of the state, the project has not yet completed" query, said Kang Animal husbandry, the company's 300,000-scale eco-pig Community construction project is still under construction, is expected toIn December 2013 to achieve the expected use of the state. As of March 31, 2013, the project completed investment of 132 million yuan, accounting for 95.82% of total project investment.　　As the project uses side construction side production way to implement, pig community and swine are put into production in batches, at present the breed of swine is less than 300,000, so the benefit has not yet reached the promised benefit. The 400,000 pig slaughter and processing construction project was completed and put into operation in September 2011, the main reason for not achieving the promised benefit is that the product raw material cost, the labor cost and the power cost increase in varying degrees and exceed the expectation, the current capacity utilization rate is only 16%, because the slaughter quantity is less,　　And fixed costs remain high, so the benefits have not yet reached the promised benefits. It can be concluded that the Tai Kang livestock Raising project has been basically completed, but due to the construction process a series of factors, resulting in the actual benefit has not yet reached the promised benefits.