Tiankang Biology (002100.SZ) plans to obtain a controlling interest in Qiangdu Animal Husbandry for 1,275 billion yuan to create complementary advantages

Zhitong Finance App News, Tiankang Biology (002100.SZ) announced that the company plans to acquire 51% of the shares of Xinjiang Qiangdu Animal Husbandry Technology Co., Ltd. (“Qiangdu Animal Husbandry”) in cash for 1,275 billion yuan. After the transaction is completed, Qiangdu Animal Husbandry will become the company's holding subsidiary.

According to the announcement, Qiangdu Animal Husbandry is mainly engaged in pig breeding and sales. The main products are commercial pigs, piglets, breeding pigs, etc. Qiangdu Animal Husbandry uses an integrated pig breeding model of “self-breeding and self-raising” to form a relatively complete pig industry chain, and is committed to building an environmentally friendly, green and healthy pig breeding industry. Qiangdu Animal Husbandry released about 1.36 million pigs in 2024, and is expected to release more than 1.5 million pigs in 2025.

According to the announcement, the transaction will help to complement the advantages of Tiankang Biotech and Qiangdu Animal Husbandry and enhance the comprehensive strength and overall competitiveness of listed companies. After the acquisition, Tiankang Biotech can quickly introduce its own feed technology and animal epidemic prevention system into Qiangdu Animal Husbandry; at the same time, it can use the scale of Qiangdu Animal Husbandry to support feed production capacity, increase vaccine use, and form a “feed-animal protection-breeding” collaborative upgrade.