Muyuan replied in the newly disclosed record of investor relations activities that the company’s operating cash flow is basically in a balanced state. Since March, with the recovery of pig price, the operating cash flow of the company has a slight surplus. The company expects that the pig price in the second half of the year is higher than that in the first half of the year, and the company’s liquidity will continue to improve. At the current stage, the company will still strictly control new projects under construction, and continue to strengthen communication with cooperative financial institutions to enhance mutual trust, ensure the smooth development of financing business, ensure capital safety and stable operation.

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