Zixin Group Obtains Patented Poultry Feed Formulation; Shares Surge 3%

MT Newswires

2024/12/26

Zixin Group (SGX:42W) obtained a patented chicken poultry feed formulation from the Institute of Resource Environment and Soil Fertilisation, Fujian Academy of Agricultural Sciences, according to a filing with the Singapore Exchange on Thursday.

The formulation is one of several collaborations between the two parties and the latest one is aimed at increasing the volume of sweet potato agricultural waste.

In fiscal 2024, the company had generated 748.8 tons of sweet potato peels for its snack food processing business.

Shares of the biotech-focused sweet potato integrated industrial value chain operator surged over 3% in recent trading.

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