Huaying Agriculture Recognizes Workers Stealing Dead Duck Company's Reputation

Recently, Huaying Agriculture, a listed company that focuses on bird and duck breeding and processing, has been involved in the sale of dead ducks. Yesterday, Huaying Agriculture issued a related announcement on the matter, saying that the relevant person in charge had been dealt with, and the stock price of the company declined.

Lost sales of dead ducks

On March 15th, Huaying Agriculture was exposed, and the “dead duck” was not dealt with innocently according to relevant regulations, but was sold at a low price to the local illegal traders for profiteering, and a complete outflow of business was formed. Black industrial chain with primary processing, split processing and re-sale.

According to reports, each day's dead ducks are about 100 kilograms each, and each one weighs in the range of 3-5 kilograms. Such ducks will be sold to downstream traders at a price of 8-9 cents per kilogram.

On the second day after the incident was revealed, the Huangchuan County Government of Henan Province, where Huaying Agriculture was registered, issued an announcement saying that after investigation, the media reported that the problem was that the two or three individual breeders of Huaying Duck had violated the regulations and stole it. Sold dead duck caused. At present, the two breeders involved in the sale of dead ducks have been given delisting penalties, and the two- and three-field chief Ling Ruiguo and the general manager of the breeding poultry division Ju Weitang have been removed from office. At the same time, he investigated and dealt with the dark nest processing and sales of dead ducks managed by Cui Jinping, and he handled the parties according to law.

The statement has dealt with the relevant responsible person

After the incident was exposed for four days, yesterday afternoon, Huaying Agriculture announced that the company's breeding poultry division had two or three incubations. There were indeed cases where individual breeders sneaked down dead ducks. According to the investigation results, the company will seriously deal with the relevant managers and employees of the problem unit. Exempted from the post of general manager of Ju Tang Tang Poultry Division; removed Ling Ruiguo from hatching two or three field director positions; immediately dismissed two ducks, three breeder Yan Jiahai and Xiao Weisheng, and reported to Animal Health Surveillance Office for investigation and investigation. . At the same time, a joint investigation team composed of the departments of animal husbandry, public security, and food supervision of Huangchuan County investigated and dealt with Cui Jinping's dead nest processing and sale of black nests, and he handled the parties according to law.

"The company has a clear treatment and requirements for dead ducks. This incident is a collusion between employees and insiders, which reveals loopholes in company management." The reporter called Huaying Agriculture Securities yesterday and related personnel said that there are currently no dead ducks. The specific number of outflows, but the relevant personnel involved have been controlled by the police.

The company's share price reversed against the market

Affected by this news, Huaying Agriculture opened sharply lower in early trading yesterday and fell against the market. At the close, it closed at 18.33 yuan, down 1.50%. On the day of the March 15th incident, Huaying Agriculture started to oscillate at a high level, rising 2% throughout the day. On the 16th, the company's share price continued to climb and rose 4.32%.

Yin Xudong, a financial analyst at Yintang Qianxian, said that from the perspective of individual stocks, on the 14th, Huaying's agriculture fell back to a certain extent, to digest the negative potential, and after the negative appeared, the market volume shrank, and the retail investors took a wait-and-see approach. Due to the strength of the broader market, the stock rose again.

Sun Xudong said that the incident reflects the serious problem of the loose management system of listed companies and has caused a great negative impact on the company’s social image. Whether it will affect the performance will depend on whether the conduction effect of the later impact will directly lead to a reduction in sales. The penalties imposed by the relevant departments will depend. At present, it is still relatively early to speculate on the performance. In the short term, the stock price will also fluctuate.