Tang Man God meat business expansion resistance capacity utilization less than 30%

Great Wisdom aastocks News agency January 15, the Great Wisdom News agency recently in the investigation of the Tang God (002567.SZ) company learned that the company's meat business in the channel construction and expansion and other aspects of the greater difficulty, currently do not consider expanding the scale, this year is mainly to do Hunan province market. The company said that at present, meat slaughtering capacity utilization is low, less than 30%, and meat revenues accounted for more than the overall revenue is less than 10%. Last November, the god of the public Tang Dynasty announced plans to the listing of the project that "Meat Market network and cold chain Logistics system construction project" The remaining funds raised 33.7129 million yuan, to implement the construction of "Zhaoqing Xiang da Camel Feed Co., Ltd. Annual output of 240,000 tons of feed production line project" To stop slaughtering meat processing inputs. In this respect, industry analysts said that the Tang Dynasty God's Western meat and pork has been double sinks and rain-run industries such as giant squeeze, sales scale difficult to have a big breakthrough, the provincial expansion costs, difficulty is high, give up the meat items of the main business is now the right choice.