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Chapter five hundred and sixteen pig raising

Feng Yiping indeed asked the question they guessed, "When was everyone here, the last time I went to the front line to check and solve the problem?"

"Early the month? Last month? Early the year?"

Many people are really ashamed. Not to mention taking time to go to the front line, they feel that they are busy with big things every day.

"The elites of Wall Street have fallen to the current level because they are too far from the grassroots level. So what will happen if a team of our level is too far from the grassroots level?"

"There may be many people who don't know much about the level of those people on Wall Street, so I can give an example that is closely related to us,"

He looked at the people present, "I remember that at least before, everyone here had no vegetarian food,"

No vegetarians? Are you praising us?

"Then everyone should have an understanding of pork, no, maybe they won't know much," Feng Yiping walked to the front desk. "I'm doing a live survey now. If you know how much a pound of pork is now, please raise your hand."

Many people looked at each other, what are we doing here? Why did we suddenly investigate the price of pork?

On the stage, Lao Ma looked at Jin Ling, how many times? Jin Ling raised her eyebrows, but fortunately I know.

In the audience, Zheng Jiayi looked at Fang Yingzhi and seemed to be asking, do you know? Fang Yingzhi wrote a number in her hand.

Zheng Jiayi nodded and silently "Oh". She didn't know whether the price was high or low.

But then he raised his hand with Fang Yingzhi.

Feng Yiping waited for a while, and about two-thirds of the people raised their hands.

"I won't check it out in detail," he shook his head, "the result was so unsatisfactory."

"I said, comrades, I know that now everyone should rarely go to the vegetable market to buy vegetables in person, but even so, even if it is not clear about the general price of pork, is it too out of reality?"

"You must know that the impact of pork prices on i (consumer price index) can reach 10,"

He sighed and returned to his seat, "I'll tell you briefly. Since mid-year last year, pork has begun to rise sharply, so many ordinary people feel that they can't afford to eat meat."

"But since everyone doesn't sell vegetables, we just skip the terminal price and talk about the profits of the pig farm," he said.

"In 2006, the price of live pigs was more than 18 yuan. Generally speaking, the cost of a commercial pig was around 100 yuan, so the profit was only 100 to 150 yuan."

"Since May last year, the price of live pigs began to rise to 17 yuan, and the cost has almost not increased. The profit of such a commercial pig is at least 500 yuan."

Who else shouted below, "The state still has subsidies for pig farming,"

"Yes, the country has subsidies for pig farming, so comrades, if last year, you had a pig farm that could slaughter tens of thousands of pigs, then congratulations, you became a millionaire in a year."

Pig raising, one year, millionaire?

Many people are confused.

"Someone must be asking, what does this have to do with Wall Street?"

"What does it have to do with Wall Street? Do you know, which department was the most profitable sector of Wall Street's well-known investment bank, Goldman Sachs, last year?"

Several uncertain voices who are good at connecting the context say, " Raise pigs?"

They actually found this strange and unbelievable.

But Feng Yiping gave a thumbs up, "By the way, it's just raising pigs!"

"In 2004, Goldman Sachs was the underwriter of Yurun Group i and held more than 1 shares of Yurun. Therefore, in Yurun Group, the largest meat processing company in China, a non-executive director,"

"In 2006, they joined forces with other companies to acquire another domestic meat processing company, Shuanghui, as a whole,"

"After that, they quickly expanded upstream, spent billions to acquire several pig farms in China...so, they achieved the fruitful results of last year,"

"Are we convinced of their investment vision?"

"Anyway, I'm convinced. This is an opportunity around us, but no one realizes it.
Chapter completed!
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