海大集团：海外产能建设与扩张将是公司资本开支重点

Group 1 - The core focus of the company’s capital expenditure will be on overseas capacity construction and expansion, while domestic efforts will concentrate on upgrading and transforming existing capacities [1] Group 2 - The company has established production capacity in regions rich in aquaculture resources, including Vietnam, Indonesia, Ecuador, and Egypt [2] - The competition in the pig feed market has intensified due to a significant decline in the number of small and medium-sized pig farming households, leading to a rapid decrease in the original market space for pig feed [2] - The company has proactively adjusted its capabilities and customer structure over the past two years, focusing on developing family farms with breeding advantages and strong profitability, while also beginning to target medium and large-scale farming companies [2]