Economic Observation Network Yisheng Co., Ltd. (002458) experienced a disruption in ancestral introduction from January to May 2026, and is expected to see a contraction in chicken seedling supply next year. Relevant production capacity projects are progressing in an orderly manner.

Industry situation:
The introduction of ancestral chickens will be interrupted from January to May 2026, and according to a 14 month transmission cycle, the corresponding contraction in the supply of commercial chicken seedlings will manifest next year. The sales volume of the company's commodity chicken seedlings in August has started to decline slightly year-on-year (-4.44%), and if the price rises in the future, it will be the core catalyst 。

Company project promotion:
After the production of the 1 million sets of parental surrogate chicken project in Shanxi, it can increase the production capacity of about 100 million commercial surrogate chicken seedlings; The company has introduced 60000 sets of ancestral chickens after resuming the introduction to France in June 。

Business situation:
The sales revenue of chicken seedlings in August decreased slightly compared to the previous month, and short-term price fluctuations are normal. The key is whether Q4 prices can continue the upward trend 。

The above content is based on publicly available information and does not constitute investment advice.