Tech-Bank(002124)2024-12-27 01:51Group 1: Financial Performance - The company's total liabilities decreased to below 10 billion yuan by the end of November, continuing a downward trend [1] - As of the end of Q3, total liabilities were 10.2 billion yuan, down 4.69 billion yuan from the beginning of the year [9] - The asset-liability ratio is 73.86%, a reduction of 12.87% compared to the beginning of the year [9] Group 2: Operational Efficiency - The company aims to enhance production efficiency and reduce costs by focusing on its management practices [3] - The current production capacity includes 620,000 fattening pigs and 35,000 breeding sows [3] - Plans to improve capacity utilization through collaboration with external breeding partners [8] Group 3: Future Outlook - The company maintains a cautiously optimistic view on future pig prices, actively working on internal improvements [7] - Ongoing discussions with investors regarding restructuring efforts are in progress [2] - The company has already terminated leases for 6 breeding farms and 65 fattening farms, reducing capacity since the beginning of the year [10]