First, the introduction stage introduces the basic situation and development strategy of the company (see the information that has been publicly disclosed). Second: Q: Q: revenue and profit of the company in the first three quarters? A: the company's operating income in the first three quarters was 16.255 billion yuan, an increase of 22.50% over the same period last year; the net profit attributed to shareholders of listed companies was-398 million yuan, down 156.29% from the same period last year. The company prepares 168 million yuan for inventory price reduction in the first three quarters. Q: the trend of the company's breeding cost in the future? A: with the improvement of the company's capacity utilization, the elimination of inefficient sows, the improvement of pig health, and the improvement of breeding efficiency, it is expected that the company's comprehensive breeding costs will gradually decline next year. Q: the proportion of piglets and fat pigs in the first three quarters of the company? A: the proportion of piglets in the company was relatively high in the first half of the year. Since the third quarter, the company has gradually increased the proportion of fattening and fattening. Among the 1.1516 million live pigs in the first and third quarters, piglets and fattening pigs each account for about half of the fattening volume. Q: the trend of pig survival rate in the company? A: in the future, the company will improve the biosafety and epidemic prevention system, establish a scientific, efficient, modern pig farm with a high degree of biosafety and environmental protection, and form a service management system with management technology and science and technology. Further improve the health and survival rate of live pigs. Q: what is the company's feed sales in the first three quarters? A: the company exported 3.85 million tons of feed in the first-third quarter, an increase of 10% over the same period last year. Of these, pig feed was about 1.5 million tons, an increase of 83 percent over the same period last year, more than 2 million tons of poultry feed, 250000 tons of fish feed, and tens of thousands of tons of other feed. Q: what is the month-on-month change of the company's monthly sales of classified feed? A: the sow feed of the company began to decline month-on-month since May, and showed a big decline in September and October. Teaching trough feed, suckling pig feed is in the overall downward trend, showing a big decline in September and October. However, with the gradual rise in pig prices in mid-to-late October, the rate of capacity removal slowed down. Q: what is the planning of Longhua's agricultural and animal husbandry capacity? A: Longhua Agriculture and Animal Husbandry is an excellent subsidiary of the Group. At present, about 1.3 million self-breeding capacity is planned, mainly raising pigs in buildings. Most of the above capacity is expected to be completed by the end of the year and by the first quarter of next year. Q: what is the company's long-term plan? A: at the beginning of 2019, the company put forward the great dream of being "the most outstanding enterprise in the whole industry chain of agriculture, animal husbandry and food in the world", and strived to realize 10 million pigs, 10 million tons of feed sales, 100 billion yuan of business income and 30 billion yuan of meat income within 12 years. "313 Dream chasing Project" with a net profit of 3 billion yuan. At present, towards this grand goal, the company gradually promotes the development of pig, feed and meat business in accordance with the company's long-term strategic plan and annual plan. Attached: activity information table