African swine fever virus was detected in dumpling samples* Sanquan Food: No Notice from Authoritative Department

Sino-Singapore Longitudinal and Weft Client on February 15, according to Shenzhen Stock Exchange Interactive Easy News, on the morning of the 15th, Sanquan Food responded that "dumpling samples were detected for African swine fever virus", saying that up to now, the company has not received notification from relevant authorities.

On the evening of the 14th, an investor asked Sanquan Food on the interactive platform of Shenzhen Stock Exchange whether it was true that three samples of Sanquan dumplings were positive for African swine fever virus nucleic acid.

In response, Sanquan Food responded that the company has been concerned about the incident, so far, the company has not received notification from the relevant authorities, the company will further verify the incident.

In the secondary market, Sanquan Food maintained a low volatility after its low opening in the morning, falling by more than 2% at the time of submission and offering a price of 7.63 yuan.

The impact of African swine fever on A-share food companies can be described as "significant".

On January 21, Anjing Food Co., Ltd. dived in the opening market, with a sharp decline accompanied by a huge volume of transactions, which totaled 325 million yuan a day, the largest one-day turnover since June 2017, with a market value of nearly 600 million yuan evaporated. On the same day, the network appeared Anjing food and African classical swine fever related news, specifically for Anjing food subsidiary Taizhou Anjing urine meatball detection of suspected African classical swine fever virus nucleic acid positive.

On the morning of 22, Anjoy food announced that the procurement of pig products from the company and its subsidiaries strictly implemented the requirements of the Ministry of agriculture and rural areas on the prevention and control of African swine fever and related requirements for food safety production, and the compliance of raw materials and production were legitimate. The domestic pig products purchased by the company and its subsidiaries all come from the non epidemic areas, and the evidence is complete. The transportation route strictly implements the requirements of the Ministry of agriculture and rural areas.

It is worth mentioning that even though Anjing Food responded the next day, there are still media reports that Anjing Food deliberately delayed letters and let individual agencies flee.

After 27 days of trading, Anjing Food issued a new announcement, saying that Taizhou Anjing produced 90,000 tons of pee meatballs in 2017, accounting for about 2.56% of the total output of the company and its subsidiaries in that year. At the same time, the overall control ability of upstream pig products and the subsequent development of the incident affect the uncertainty of company performance to a large extent.

Anjoy food also stressed that the company's industry has insufficient capacity to detect African swine fever. Even if all the raw materials of pig products are purchased from non epidemic areas and the evidence is complete, there may be contamination of raw materials.