DEKON AGR Shares Surge Over 5% in Morning Session, Leading Pork Concept Stocks Higher on Government Reserve Purchases

Stock News
04/02

DEKON AGR (02419) rose more than 5% during the morning session, leading gains among pork-related stocks. As of writing, the stock was up 5.19%, trading at HK$65.85 with a turnover of HK$49.2983 million. On the news front, according to the Securities Times, the National Development and Reform Commission, the Ministry of Commerce, and the Ministry of Finance will soon initiate the second round of central frozen pork reserve purchases this year. Local governments have also been instructed to conduct simultaneous purchases to enhance the regulatory role of reserves. Moving forward, the National Development and Reform Commission and other departments will continue to closely monitor market dynamics, increase reserve purchases, strengthen comprehensive production capacity regulation, and guide farming enterprises in rational production and operation planning to promote stable market conditions. In an industry-wide challenging environment, DEKON AGR has reduced its full-year complete cost to approximately RMB 12.32 per kilogram, down 9.74% year-on-year. By the end of 2025, the complete cost is projected to reach RMB 11.9 per kilogram, with profit per head and production efficiency remaining in the industry's top tier. As DEKON AGR achieves even lower complete costs for pig farming and transitions its diversified segments—such as slaughtering and poultry—from "strategic investment" to "profit contribution," the company is evolving from a single farming giant into a comprehensive food group covering the entire industry chain.

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