A-Share Movement | Shareholder Plans to Reduce Holdings, Bright Meat Industry Falls 6.7% at Midday, Stock Price Hits New Phase Low

NightAirdropper · 2026-03-18T04:46:55+00:00

Bright Meat Industry's stock price fell 6.7% during midday trading, hitting a new low for the period with a total market value of 5.7 billion yuan. The controlling shareholder, Yimin Food Group, plans to reduce its holdings of no more than 1.99% of shares through block trades due to strategic development needs. In 2025, the company's live pig farming segment suffered significant losses due to depressed market hog prices.

NightAirdropper

2026-03-18 04:46:55

Abstract generation in progress

Gelonghui, March 18 — Bright Food Meat (600073.SH) closed down 6.7% at 6.08 yuan during midday trading, hitting a new low for the current phase. The company’s total market value is 5.7 billion yuan. According to recent news, Bright Food Meat announced last night that its controlling shareholder, Yimin Food Group, plans to reduce its holdings by no more than 18.66 million shares through block trading, representing 1.99% of the company’s total share capital. The reduction period is from April 9, 2026, to July 8, 2026. The reason for the reduction is due to strategic development needs of the shareholder. Additionally, in 2025, the company experienced significant losses in its pig farming sector due to factors such as low domestic pig prices.

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