HK Stock Market Move | DEKON AGR(02419) morning Zhang Chao 4% in recent years, the signal of expanding Sichuan pig production is strong, and the company's pig sales volume increased by more than 20% year-on-year last year.

DEKON AGR (02419) rose by 4% in the morning and by 4.05% at the time of the report, reaching 30.85 Hong Kong dollars with a trading volume of 22.8576 million Hong Kong dollars. On the news front, according to market reports on March 10, from the end of February to early March, several pig production companies in Sichuan have successively announced their annual production capacity targets, continuously sending out strong signals of expanding pig production in Sichuan. Since 2025, four listed pig companies in Sichuan - Sichuan DEKON AGR Food Group Co., Ltd., New Hope Liuhe Co., Ltd., Leshan Giantstar Farming & Husbandry Corporation, and Bazhong Bashan Animal Husbandry Co., Ltd., as well as industry-leading companies such as the Twin Group that have a presence in Sichuan, have all planned to expand production. Agricultural and rural department officials stated, "The enthusiasm of companies to expand production proves that the super-long pig cycle has ended, and the scale of this expansion is the largest in recent years. From the signals received from leading companies currently, 'expansion' will be the keyword and main theme for Sichuan pigs in 2025. DEKON AGR officials revealed that the company is accelerating its expansion outside of the province, striving to achieve double growth in inventory and slaughter volume within the year. DEKON AGR will invest 10 million yuan to establish Hainan Desheng Xin Kang Investment Co., Ltd. Earlier, DEKON AGR announced that the company's pig sales revenue in 2024 is expected to increase by +54% year-on-year to 18.87 billion yuan, with pig sales volume increasing by +24% year-on-year to 8.779 million heads; among which, the sales volume of commercial pigs is expected to increase by +28% year-on-year to 8.544 million heads, accounting for 97% of pig sales; and the sales price of commercial pigs is expected to increase by +13% year-on-year to 16.7 yuan per kilogram.