In January 2019, Eagle Farming and Animal Husbandry said in the revised announcement of annual performance forecast that net profit in 2018 would be expected to lose 2.9 billion to 3.3 billion yuan, and attributed the decline in performance to due to the shortage of funds, feed supply is not real-time, the companys pig farming death rate is higher than expected.
As of the first half of 2019, the total assets, net assets and total liabilities of chicken hawk farming and animal husbandry were 19.494 billion yuan, 445 million yuan and 18.527 billion yuan. The ratio of assets to liabilities was as high as 95.04%. According to the statistics of Beijing News, there are as many as 103 lawsuits disclosed in the half-yearly report of Eagles, most of which are related to financial lending and other aspects.
According to the National Public Information Credit Center, the relevant departments will impose restrictions on the establishment of financing guarantee companies, non-bank payment agencies and Internet lending information intermediaries for serious financial dishonesty, restrict the issuance of corporate bonds and public issuance of corporate bonds, restrict the acquisition of qualifications of inspection and testing certification agencies, and restrict the acquisition of certification certificates. At present, the corporate bonds of young eagle farming and animal husbandry have been entrusted by Soochow securities in 2018.
New Beijing News reporter Wang Siyang
Source: Yang Bin_NF4368, Responsible Editor of Beijing Newspaper