New Hope: the complete cost of raising fat pigs in April is 12.9 yuan/kg, and there will be a few cents decrease by the end of the year.

New Hope Director and President Tao Yuling stated at the performance briefing for the fiscal year 2024 and the first quarter of 2025 that the complete cost of producing and selling fat pigs in April has been reduced to 12.9 yuan/kg. "By the end of this year, there will definitely be a further decrease of a few more cents. In the medium to long term, with breakthroughs in breeding, there may be even larger reductions in costs. In terms of scale, there will be a slight increase compared to last year."