On August 28, MUYUAN rose 3.05% in regular trading, trading at 35.16 HKD/share, with turnover of approximately 70 million HKD.

On the news front, hog prices have rebounded continuously since August, with the latest quote at 11.13 yuan/kg, up over 7.5% from the beginning of the month, approaching the company's July full cost of 11.5 yuan/kg. The company is expected to reach breakeven in the third quarter. Simultaneously, MUYUAN conducted share buybacks on the Hong Kong market for three consecutive trading days from August 25 to 27, repurchasing approximately 263,700 shares for a total of about 8.78 million HKD, signaling management confidence in long-term value.

Institutions noted that prolonged industry losses are accelerating capacity clearance, providing an upward basis for hog prices. The company reported a net loss of 6.078 billion yuan in the first half, with full cost declining to approximately 11.7 yuan/kg by June, and management projected pig prices will see a reasonable, stable recovery in the second half through early next year.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)