Zhengbang Reorganization Storm10 On the evening of June 25th, Zhengbang Technology announced that the creditor Jinzhou Tian Li Grain Trade Co., Ltd. applied to the court for bankruptcy reorganization on the grounds that the company was unable to pay off its debts due and obviously lacked solvency, but it had reorganization value.
A bigger crisis is yet to come! According to the latest data released by the National Bureau of Statistics, the number of fertile sows in China reached 43.62 million, which rebounded strongly for two consecutive quarters and returned to a reasonable level again.
In short, Zhengbang Technology does have a solution to the crisis, but "increasing revenue and reducing expenditure" can only cure the symptoms. More importantly, after reducing the production capacity, can the production cost be reduced at the same time to cope with the changing market situation with better production effect?