With the continuous improvement of the national economic level, the proportion of animal products such as meat and eggs in the national diet has increased significantly, which has brought about the rapid development of the livestock breeding industry. Due to the high cost, large investment, long cycle and environmental pressure of the upstream aquaculture industry, the free-range breeding model has been difficult to cope with the existing market changes, and large-scale aquaculture has become the key development trend of the aquaculture industry in the future, which has also created a number of successful listed companies in the aquaculture industry, such as Wen's shares, Xiaoming agriculture and animal husbandry, Lihua shares, Aonong Biology, etc.
Yixinyuan Industry's main business is the breeding and breeding of cattle ecological breeding and jujube cattle free-range, as well as the re-investment of beef deep processing production line to create a vertically integrated industrial chain in terms of ecological cattle breeding and feed production. In this IPO, Yixinyuan Industrial plans to use the raised funds to expand the existing ecological breeding cattle and develop beef food deep processing business, R&D investment and information technology systems, strategic investment or potential acquisitions.
Mature breeding enterprises, from the construction to the operation stage need to go through the construction of farms, livestock breeding, slaughtering and processing and other three stages, the main production links of the livestock breeding industry to the aquaculture industry to IPO enterprise breeding site construction in the use of rural collective land, whether it meets the relevant requirements of environmental protection is the focus of the regulatory authorities, but also an important indicator to judge the ability of breeding enterprises to continue to operate.
Enterprises engaged in livestock breeding, due to their unique attributes of the industry, will be subject to more targeted feedback questions from the review department during the IPO review process. In particular, the rapid development of the livestock breeding industry has attracted the attention of the capital market at the same time, but also exposed some problems in the business compliance of the industry.