Dekon Agriculture and Animal Husbandry (2419. HK) Sounded the Gong For Listing Today
share to:

On December 6, Dekon Food and Agriculture Group was officially listed on the main board of the Hong Kong Stock Exchange (stock abbreviation: Dekon Food and Agriculture, stock code: 2419. HK). 

At 9:30, Wang Dehui, Chairman of Dekon Group, and representatives of Dekon family farmers jointly sounded the gong for its listing on the Hong Kong Stock.

Focusing on the breeding and farming of pigs and yellow-feathered broilers, Dekon takes live pigs, poultry, and auxiliary products as its three main business sectors. It is also the only enterprise in China with two national key leading enterprises in agricultural industrialization and two national-level core pig breeding farms. 

The pig sector is Dekon's largest business sector. In the past 10 years, Dekon's pig sales volume has increased by more than 100 times. Based on the compound annual growth from 2020 to 2022, Dekon ranks among the Top 10 enterprises in China. Among the 93 national core breeding farms in China, Dekon National Core Pig Breeding Farm ranked first in terms of key breeding indicators for pigs in the country. In 2022, Dekon ranked 6th in China's pig sales and 3rd in sales of yellow-feathered broilers. 

As of May 31, 2023, its business has spread to 39 cities in 13 provinces and autonomous regions of China. 

Wang Degen, the founder of Dekon Business, stated in his speech that "in order to become a respected and sustainable sized enterprise, we must have strategic leadership and implementation capabilities that match the overall national situation. Whether Dekon can become an outstanding practitioner in the agriculture, animal husbandry and food industry requires us to constantly examine the alignment of the company's strategic positioning with national policies such as rural revitalization, energy conservation and emission reduction, crop and animal husbandry recycling, and common prosperity, and to create a high-quality food ecosystem to meet consumers' pursuit of a better life. We must be responsible when connecting and leading local farms and help them increase their income while also maintaining the company ability to grow healthily" 

"It is not only an important milestone in the development of enterprises to list on Hong Kong Exchange, but also a new starting point. This makes us feel challenged and pressured as well as responsibility while strengthening our strategic determination and increasing our confidence in development. Dekon will give it all, with the greatest determination and effort, to repay the society with a better performance



Contact Us