002124TBSPSZSE

Tech-bank Food Co., Ltd.

天邦食品

002124

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryAnimal Husbandry
ISINCNE100000056
ListedApril 3, 2007
Websitewww.tianbang.com
IR Emailtechbank@tianbang.com
Phone(+86)21-64182751
AddressRoom 1102, Building No. 1, Hongqiao Tiandi North District, No. 818, Shenchang Road, Minhang District, Shanghai

Company Profile

1.The rapid development of the company is mainly due to the choice of business model. In 2013, Tech-bank introduced the world-class pig breeding and American breeding mode from CG, entered the pig breeding industry from a high starting point, and seized the market opportunity to acquire the assets of Agfeed Industrial China, achieving leapfrog development. In the early stage, through the "company + family farm" model, the capital, land and labor resources required in the scale expansion were effectively integrated, and the farmers greatly reduced the market risk, realized the optimal allocation of resources and the rapid expansion of the company's scale. After the occurrence of African swine fever, the cooperative family farms were screened for survival of the fittest, and only farmers who could meet the requirements of biosecurity were retained and developed, while vigorously developing the "leasing" model, actively responding to the local government's poverty alleviation policies and "rural revitalization" planning, combining with local poverty alleviation projects and poverty alleviation funds, and leasing the social funds to the company according to the company's requirements to build poverty alleviation farms, breeding communities, etc., while retaining the asset-light model to reduce capital occupation, it can also better protect biosecurity and improve production efficiency. It is conducive to further rapid expansion in the future. In 2022, the company will reform and innovate fattening management, pilot the partner breeding model, turn employees into partners, create and share, and significantly improve production results. In 2023, this model will be further promoted and iteratively optimized and continuously optimized. 2. The strategically layout near the well-developed areas has set up a strong market base for high quality “Fantaste” pork products sales. Tech-bank has rapidly realized the industrial layout and built food supply bases around the Bohai Economic Circle, Yangtze River Delta Economic Circle and Pearl River Delta Economic Circle, which are the most developed areas in China with strong consumption. In 2022, Tech-bank proposed the brand positioning of "fragrant meat". Focusing on the characteristics of Fragrant Meat products, reduce the sales of white stripes with low gross margin, increase the channel sales of segmented products and finely segmented products, focus on the development of large-scale chain catering and boutique supermarket customers in the Yangtze River Delta, and develop hot pot series and barbecue series products on top of the original product service plan, further realize the differentiation of Fragrant Meat and enhance the brand premium. At the same time, Tech-bank will accelerate the business of processing and conditioning products, and specially set up fresh meat package product team, sauce and marinade product team, fried product team, etc., to further enhance the product value of partial meat and meet different market needs. 3.The company started from special aquatic feed, and the original intention of starting its business is to provide safe and reliable green feed. The company is in the leading position in the industry in the selection of feed raw materials, fully ripened feed processing technology, microbial fermentation technology, etc., and is one of the earliest manufacturers in China to obtain green food production qualification certification. When the company launched its pig project, it made a clear proposal to produce "delicious pork". The internal supply of the company's pig feed adopts feed raw material standards and hygiene standards higher than national and industry standards, and integrates microbial fermentation technologies such as Clostridium butyrate, pig-derived lactic acid bacteria, and antibacterial peptides to produce new fermentation raw materials, which not only improves feed performance such as feed intake, daily weight gain, and feed-to-meat ratio, but also significantly improves pork quality parameters such as meat color, dripping, tenderness, intermuscular fat, flavor substances, etc. The patented antimicrobial peptide technology introduced by the company provides more protection for the health of pigs and makes it possible to breed without antibiotics throughout the breeding process. At the same time, the company promotes the full use of electronic ear tags in the pig breeding business, and connects with the traceability system of the slaughterhouse to ensure food safety. On the basis of strictly controlling the quality of pig sources, the company adopts 26 online inspection and quarantine procedures, strengthens microbial management, has a dust-free segmentation environment at 5°C, and strictly implements cleaning and disinfection standards, so that each pig can maintain the fresh, fragrant, tender, glutinous and pure quality of pork after slaughtering and cutting; The first dry/wet maturation technology of pork further improves the flavor, extends the shelf life, allows consumers to reduce procurement costs, reduce transportation costs, reduce repurchase costs, and make it easy to stock up in large quantities. Through the whole process from the source of the seed to the table, "Fantaste pork" products with a taste are pure in smell, the meat is tender, and the pork is fragrant as soon as it is boiled in water.

Full description

TECH-BANK FOOD CO., LTD. was established in 1996 and was listed on the Shenzhen Stock Exchange in 2007 (stock code: 002124). Since its establishment, the company has always been adhering to the vision of " Better Food, Bette Life" and is committed to the mission of "producing safe, healthy and delicious animal-source food". Tech-bank’s main businesses are pig breeding and pork product processing. The company's main products include commercial piglets, commercial pigs, fresh pork products, processed pork products. Pig production business: In 2013, Tech-bank entered the pig production industry through the acquisition of the assets in China of Agfeed, a listed company in Nasdaq and set up its industrial layout quickly. It built supply bases around the Bohai Rim Economic Circle, the Yangtze River Delta Economic Circle and the Pearl River Delta Economic Circle, which are highly developed and consumer-intensive areas. Pig breeding and sales are currently the company's main business and its production capacity is still growing. Tech-bank has core competitiveness including excellent breeding pig genes, high-efficiency American production model, high-level biosecurity measures, intelligence of pig farm, full traceability, etc., Tech-bank is confident to become a cost-leading pig industry leader. Food business-pork products processing: Tech-bank is committed to becoming a first-class branded pork supplier in China. The pig production business has reached a certain scale to further extend its industrial chain downward. “Fantaste” pork has very rich fat-soluble volatile, short-chain fatty acids and fresh taste from amino acids, small peptides, nucleotides, inosine, etc., forming the unique quality of fresh, fragrant, tender, glutinous and pure. In 2022, the first phase of the company's 5 million pig slaughtering and deep processing project in Linquan, Anhui Province was officially put into operation, which adopts the world's most advanced slaughtering and segmentation technology and equipment, as well as supporting digital and intelligent systems, marking that the company has the most advanced self-owned production capacity in the industry. At present, the company's pig slaughter volume is steadily increasing, and the deep processing business is still in the exploratory period. The company has developed a variety of convenient and standardized delicious pork products on the market, the influence and reputation of the " Fantaste " brand has gradually increased, and the company is moving towards the goal of "becoming a world-class animal-derived food enterprise".

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