Muyuan shares: The complete production cost in locations such as Nanyang has already dropped to 11.6 yuan/kg.

At the 2024 shareholders meeting, executives of Muyuan Company mentioned that the current cost of excellent international pig breeding enterprises can reach around 12 RMB per kilogram, and the company's cost target for this year is also 12 RMB per kilogram. Currently, the most outstanding regions of Muyuan Company, such as Nanyang, Kaifeng, and Xiangyang, have already reduced their total production costs to as low as 11.6 RMB per kilogram; the lowest in some areas is 11.3 RMB per kilogram, and certain production lines can even achieve below 11 RMB per kilogram. At present, the company's overall breeding cost is 12.4 RMB per kilogram. Internal comparisons have shown that high-cost production lines are due to management issues, not technical problems, and the path to cost reduction is relatively clear.