Leshan Giantstar Farming & Husbandry Corp Ltd

Juxing Agriculture and Animal Husbandry disclosed its 2026 semi-annual report on August 28. In the first half of the year, it achieved total operating revenue of 3.557 billion yuan, down 4.31 percent year on year, while net profit attributable to the parent company showed a loss of 838 million yuan, compared with a profit of 181 million yuan in the same period last year. The company's main businesses include pig farming, feed production and sales, as well as the research, manufacturing and sale of mid-to-high-end natural leather. During the reporting period, net cash flow from operating activities was negative 286 million yuan, a year-on-year decrease of 888 million yuan. As of August 21, 2026, 25.95 percent of the company's shares were pledged, with the largest shareholder, Sichuan Juxing Enterprise Group, pledging 94.2 million shares, accounting for 61.58 percent of its holdings.

On July 8, the livestock farming sector fell 2.23% during the session, with constituents such as New Hope, Giant Star Animal Husbandry, and Tianbang Food broadly declining. According to China Business News, hog prices have recently rebounded strongly, with the national average price of live hogs climbing from 9.47 yuan per kilogram on June 26 to 11.06 yuan per kilogram on July 6, crossing back above the 10 yuan threshold after four months. An announcement from Tianyu Bio showed that in June 2026 the company sold 62,400 live hogs, generating sales revenue of 51.7718 million yuan, a year-on-year increase of 38.12%. A research note from Huaan Securities pointed out that the hog industry continued to suffer deep losses in 2026, and as capacity regulation policies are gradually implemented, the pace of capacity reduction is expected to accelerate.